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Uniswap launches v2 across all major chains
21.2.2024
Uniswap announces the launch of v2 across all major chains. This entails the likes of Polygon, Arbtirum, Base, Optimism, Avalanche, and Binance Smart Chain. The community can now enhance liquidity, create pools, and facilitate swaps on their preferred chains using their favorite tokens through...
MetaMask Launches Real-Time Security Alerts on Major Chains
20.2.2024
MetaMask's security alerts now cover Ethereum, Linea, BNB Smart Chain, Polygon, Arbitrum, Optimism, and Avalanche. The system proactively warns users of potential threats during transactions. This feature has a proven track record, including successful protection during the Vitalik Buterin phishing...
Supra releases DORA price feed on the Metis Network
20.2.2024
Supra has made its decentralized Oracle (DORA) price feeds available on the Metis network. This will facilitate reliable and innovative data services. The incorporation of DORA price feeds into the Metis network facilitates an advanced system that operates with enhanced precision and efficiency...
Injective and Solana achieve cross-chain name service
16.2.2024
Injective announced that it, along with Solana, has achieved cross-chain name service. This fuels interoperability with the first-ever omnichain domain release for both sides. This eliminates the need to change the domain while interacting with other ecosystems. Hence, offering an enhanced...
Fidelity expects institutions to choose DeFi yields in a report
16.2.2024
Fidelity published a report stating the 2024 outlook, wherein it expects institutions to move an inch closer to DeFi Yields if the Fed starts cutting rates. Additionally, an increase in stablecoin yields could also make the segment more attractive for institutions. However, the rate cut will have...
Swell to join Chainlink BUILD for Oracle services and support
16.2.2024
Swell is set to join the Chainlink BUILD program to enjoy access to Chainlink’s technical support and Oracle services. The announcement was shared on the official X/Twitter account of Chainlink. The tweet read that the integration will support the use and security of liquid staking. Swell will make...
Sommelier launches DeFi strategy vault on Arbitrum
15.2.2024
The Real Yield ETH vault by Sommelier made its way into Arbitrum, making it the first destination for its multichain exploration. The transition comes after retail inventors reportedly phased out the high gas fees of the Ethereum mainnet. With this, Sommelier Finance brings a one-click yield vault...
Stakewithus launches native ETH staking product, eth.stakewith.us
15.2.2024
Stakewithus recently launched its native ETH staking product called eth.stakewith.us. The product was announced on the official X/Twitter account of Stakewithus. Stakewithus announced the soft launch of a new product to honor the 5th anniversary of the platform. In order to attract clients,...
Sushi’s Decentralized Derivatives Exchange Susa to Launch on Layer N
15.2.2024
Sushi is preparing to launch its new decentralized derivatives exchange Susa on the Layer N platform. This initiative plans to address current performance challenges in decentralized finance. According to a recent blog post by Susa, the platform intended to improve the efficiency and reliability...
OpenEX’s Long Testnet Launches Digital Asset Trading Revolution
12.2.2024
OpenEx is gearing up to unveil its Long test network, which will serve as an indicator of the platform’s progress in the realm of digital asset trading. The Chinese dragon serves as inspiration for the name Long. This serves as OpenEx’s homage to the Chinese Long Year. The conventional...
DeFi Market Forecast: A $18.28 Billion Explosion by 2027
9.2.2024
Key Findings: In 2024, the DeFi sector is projected to record a 47.5% revenue increase to $26.15 billion. Between 2023 and 2027, DeFi market revenue is projected to rise to $18.28 billion, representing a 103% increase. The DeFi user base in the USA will increase by 95%, from 8,673,000 in 2023 to...
NEAR Foundation and Meta Pool enhance ENO Program
8.2.2024
NEAR Foundation has announced that it has partnered with Meta Pool, which is tasked with helping the Foundation effectively roll out the Enterprise Node Operators Program, also referred to as the ENO Program, or simply ENO. The objective is to onboard institutions and companies into the ecosystem...
Chainlink’s PYUSD Price Feed boosts PAXOS’ Tokenized RWA Economy
8.2.2024
Chanlink supports the PYUSD Chainlink Price Feed on the Ethereum mainnet in order to accelerate the promotion of PayPal USD, PayPal’s USD-backed stablecoin published by Paxos. Users can get decentralized, accurate, and reliable PYUSD market data on the blockchain with this current PYUSD Price...
Plume Joins Arbitrum: A New Era of Blockchain
7.2.2024
Plume Network has officially gone live to the market as a historical launch of modular Real World Asset Layer 2, Arbitrum Orbit—an important step in forming history with blockchain infrastructure. An astute alliance with Arbitrum, a market leader in layer two scaling solutions, provides Plume...
StakeEase collaborates with KelpDAO to unlock one-click restaking
6.2.2024
StakeEase has announced a partnership with KelpDAO. The objective is to better tap into the ever-growing landscape of re-staking. StakeEase and KelpDAO are bringing the power of simplification and democratization to enhance users’ experience, irrespective of where they have their funds....
DeFi TVL Reaches $60 Billion, Highest Level Since August 2022
6.2.2024
The decentralized finance (DeFi) sector is experiencing a surge in popularity, with the total value of tokens (TVL) deposited on DeFi-focused blockchains reaching $60 billion. This marks the highest level since August 2022, according to data provider DeFi Llama. The recent increase in TVL can...
Farcaster Records Surge in Daily Users with Frames Launch
5.2.2024
The number of daily active users on the decentralized social protocol Farcaster surged to nearly 30,000 on February 4, 2024, according to on-chain data by Dune Analytics. The nearly tenfold increase since January 26 is due to the launch of the Frames feature across Farcaster’s protocols. Much...
Concero and Chainlink BUILD program form an alliance
2.2.2024
Concero is collaborating with the Chainlink BUILD program to accelerate the evolution of the ecosystem and future acceptance of cross-chain apps. This will be accomplished through connectivity with Chainlink’s benchmark oracle solutions and technical support. In addition, increased crypto...
Avalanche highlights an increase in interest in tokenization
1.2.2024
Avalanche has highlighted that there is a growing interest in tokenization. This is for several reasons, most of them pertaining to tokenization finally being accepted as the next-generation technology and tokenized assets displaying a class of novel utility. The majority of the adoption is driven...
Ripple Co-founder Hacked of Over $112 Million Worth of XRP
31.1.2024
Ripple executive chairman and co-founder Chris Larsen has taken to social media to clarify reports of the payment protocol being hacked on Wednesday. Larsen’s Accounts Hacked “Yesterday, there was unauthorized access to a few of my personal XRP accounts (not @Ripple) – we were quickly able...