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Nalezeno "Defi News": 1333

Polygon Labs and Warner Music Group Accelerate Web3 Evolution in Music

26.1.2024
In collaboration with Warner Music Group (WMG), Polygon Labs has unveiled the two grant recipients for the inaugural Web3 Music Accelerator program. The initiative, announced in June 2023, aims to foster innovation at the intersection of Web3 and the music industry. The Web3 Music Accelerator...

Ankr updates its RPC service with Kava Network

25.1.2024
The RPC services of Ankr have been integrated into the Kava Network. This will enable developers to construct upgradeable and interoperable dApps on Kava. In addition, users will have the ability to access the Kava ecosystem and prime RPCs, make calls, and receive information returns that...

Polygon Labs and DELV respond to FinCEN’s NPRM on CVC mixing

24.1.2024
Polygon Labs and DELV, formerly called Element Finance, have responded to FinCEN’s proposed rule on CVC Mixing. Polygon released an official document that outlined the entire response. The document showed the concerns of both parties regarding FinCEN’s aim of regulating CVC (Convertible Virtual...

COTI announces Ethereum Ecosystem Growth Fund to drive privacy

19.1.2024
The COTI Foundation has announced an Ecosystem Growth Fund with a hefty contribution of 400 million COTI tokens. The fund, with an estimated value of $25 million, will provide financial assistance to initiatives that promote the development and effectiveness of the COTI ecosystem. COTI has long...

Lendr Network connects with the Chainlink BUILD program

18.1.2024
Lendr Network has announced plans to integrate with the Chainlink BUILD program to promote their real-world asset (RWA) tokenization protocol and accelerate the development of the ecosystem. This will be possible through the provision of enhanced accessibility to Chainlink’s well-established...

Tether partners with rhino.fi to improve cross-chain transactions

17.1.2024
Tether and rhino.fi form a strategic partnership to enhance cross-chain transactions and increase user awareness of USDT in the DeFi domain. This affiliation will enhance USDT connectivity across primary Layer 1 blockchain and Layer 2 rollups. Tether, for its part, is the most prominent...

After a $3.3M attack, SocketDotTech Protocol releases statement

17.1.2024
Socket recently released an official statement addressing its security incident. The protocol experienced a 3.3 million-dollar attack recently. The tweet by Socket stated that the team has identified the issue and has already paused the affected contracts. The protocol also assured users that...

CCIP integrates Circle’s CCTP for cross-chain USDC transfers

17.1.2024
To offer users a safe and dependable method to transfer USDC across chains, Chainlink has announced the integration of two industry standards: the Chainlink Cross-Chain Interoperability Protocol (CCIP) and Circle’s Cross-Chain Transfer Protocol (CCTP). Using Chainlink CCIP, developers can...

Kado launches Archway Ecosystem fiat on-ramp

16.1.2024
As the leading Web3 payment provider, Kado facilitates the connection between developers and the Archway Ecosystem, granting its consumers the ability to convert fiat to Arch. One needs to acquire ARCH to pay transaction fees to interact with the Archway ecosystem. The onboarding process was long...

Circle publishes a report for the USDC State of Economy

16.1.2024
Circle has published a report titled State of the USDC Economy. The goal is to talk about how far stablecoin has come since its inception in 2018. A few months of the previous year, that is, 2023, were pretty hard on its market cap, especially with a drop of ~60% that brought the value down …

Polygon Labs announces the launch of zkEVM launchpad

12.1.2024
Polygon Labs has announced the launch of the Polygon zkEVM Launchpad. While the offering has been rolled out, it is only in Stage 3 that the community will experience the full-fledged functionality of zkEVM. That said, there are 3 stages in which Polygon Labs is rolling out the Polygon zkEVM...

Nitrogen, a public Arbitrum Orbit testnet using Celestia is Live

11.1.2024
Nitrogen, a public Arbitrum testnet using Celestia as a modular DA, recently went live. The public testnet is the fruition of the collaboration between Celestia, AltLayer, and Arbitrum. In a recent tweet, AltLayer announced the release of the testnet. The tweet read that Nitrogen is employing...

Chainlink expects expansion in 2024

10.1.2024
The optimism that the Chainlink team has for the year 2024 does not precisely reflect the sentiments of its native token and community. While the token has been slipping for some time now, the community has sought answers to questions about how much CCIP is really earning from its services. What...

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