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Tron replaces oracle provider with Chainlink
31.10.2024
Tron DAO said in an announcement that DeFi applications JustLend and JustStable — with over $6.5 billion in TVL — will use Chainlink’s data feeds.
Kraken Unveils a New Wrapped Bitcoin Product—Here’s What It Means for Defi
18.10.2024
Kraken has launched KBTC, a wrapped bitcoin product fully backed 1:1 by bitcoin and compatible with multiple networks. KBTC aims to expand bitcoin’s use beyond its native chain and into decentralized finance (defi) ecosystems. Kraken Introduces KBTC to Enhance Bitcoin’s Utility Across...
The Big Role Ethena’s USDE Could Play in Hyperliquid’s Upcoming Mainnet
17.10.2024
Ethena has proposed integrating its liquidity and hedging engine into Hyperliquid, a layer one (L1) blockchain set to launch its EVM mainnet. The proposal includes adding USDE, Ethena’s stablecoin, within the Hyperliquid ecosystem upon mainnet launch. Ethena Eyes Hyperliquid’s Rapid...
Decentralized vacation rental platform Dtravel joins Fetch.ai network
17.10.2024
Dtravel’s AI agents will bring peer-to-peer rentals to Fetch.AI’s blockchain
Phantom Wallet Joins Dydx, Easing Access for 7 Million Users
27.9.2024
Dydx has announced its integration of the Phantom Wallet, a leading Solana-based non-custodial wallet, into its decentralized finance (defi) platform. This integration aims to simplify access for over 7 million Phantom users, aligning with Dydx’s goal to broaden participation in decentralized...
Graph Network Data Demand Soars 84% in Q2
19.9.2024
Data demand for The Graph Network surged 84% in Q2, driven by increased subgraphs and a free query plan. The Graph Network Mainnet and Arbitrum accounted for most queries. Edge & Node’s CEO Tegan Kline praised the successful upgrade of The Graph’s hosted service to the decentralized...
Chainlink dominance challenged by Pyth’s 46X growth in 2024
11.9.2024
While Chainlink retains a strong lead, Pyth’s rapid rise in Total Value Secured hints at shifting dynamics in the Oracle market
Polygon and Fabric team up to fast-track ZK-proof adoption on AggLayer
10.9.2024
The integration of Fabric Cryptography’s Verifiable Processing Units promises faster, more secure transactions on Polygon’s AggLayer
Sonic blockchain reaches record 720ms finality in testnet phase
8.9.2024
Sonic could become the fastest blockchain by finality if it maintains this performance on the mainnet
Justin Sun implements 100% onchain buyback for SunPump
3.9.2024
Justin Sun's SunPump community abandons LP token burning in favor of a more transparent, onchain buyback and burn process
Justin Sun implements 100% onchain buyback for SunPump
3.9.2024
Justin Sun’s SunPump community abandons LP token burning in favor of a more transparent onchain buyback and burn process
Ripple to add smart contracts to XRP Ledger
3.9.2024
The move aims to attract developers and expand XRP Ledger's capabilities, bringing new use cases to its ecosystem
Ripple to add smart contracts to XRP Ledger
3.9.2024
The move aims to attract developers and expand XRP Ledger's capabilities, bringing new use cases to its ecosystem
Ethereum Still Holds the Lion’s Share of Defi TVL as Tron and Solana Rise
2.9.2024
Currently, the total value locked (TVL) in decentralized finance (defi) stands at $82.2 billion, with Ethereum hosting a commanding 57.24% of that amount. Hot on its heels, Tron and Solana take the second and third spots for the largest TVLs today. Ethereum Reigns Supreme in Defi With 57% of Total...
Frax Finance Launches Frax Name Service for Decentralized Identity Management
2.9.2024
Frax Finance has launched the Frax Name Service (FNS), a decentralized identity service that allows users to register unique names on the Frax blockchain. Frax Finance Expands Ecosystem With Launch of Frax Name Service Frax Finance has introduced the Frax Name Service (FNS), a decentralized...
Solutions without problems: How many Ethereum layer 2s are too many?
30.8.2024
Layer 2s are a short-term success story, but the long-term picture appears less rosy
Solayer Secures $12 Million to Enhance Solana’s Restaking Capabilities
29.8.2024
Solayer has raised $12 million in a funding round led by Polychain Capital to advance its integrated restaking network on the Solana blockchain. The initiative aims to address Solana’s scalability and transaction inclusion challenges by leveraging a novel approach to staking and network bandwidth...
BNB Chain to grow stablecoin ecosystem with new cross-chain bridge
28.8.2024
BNB Chain will also create a liquidity pool to allow transfers from other chains as part of its efforts to grow its stablecoin ecosystem.
Flare Network Integrates Polyhedra’s ZK Bridge for Enhanced Cross-Chain Security
27.8.2024
Flare Network has integrated with Polyhedra’s ZK Bridge, allowing developers to build secure cross-chain applications. This collaboration leverages Layerzero’s interoperability while benefiting from the robust security of zero-knowledge proofs. Flare Network Expands Cross-Chain Security With...
Chaos Labs Secures $55M Series A Funding to Bolster Defi Risk Management Solutions
16.8.2024
Chaos Labs has raised $55 million in a Series A funding round, led by Haun Ventures, to advance its onchain risk management platform for decentralized finance (defi). The company plans to use the funds to further enhance its technology, which automates real-time protocol parameter recommendations...