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RealToken DAO integrates Chainlink CCIP for cross-chain token transfers
14.6.2024
RealToken DAO, specializing in real estate tokenization, has integrated CCIP, the global standard for cross-chain interoperability. They will be taking advantage of CCIP’s Simplified Token Transfer capacity to provide cross-chain REG transfer. It empowers users to move tokens faultlessly between...
DeFiBitoro on Injective: Order book for better trading & staking
14.6.2024
Bitoro Network brings in an order book on Injective, for offering better spin-offs about the overall trading experience and placing added avenues with more features at the disposal of traders, These include more cost-effectiveness, as well as staking vaults, and certain others. The link up with...
LayerZero to launch on BounceBit with innovative CeDeFi features
14.6.2024
LayerZero Labs has recently revealed a major advancement in its technology: It is planned to be merged into BounceBit, an experimental BTC restocking service, shortly. BounceBit desires to integrate the benefits of both DeFi and CeFi platforms, which will enable users to access DeFi products while...
SushiSwap unveils new council structure and multi-token model
13.6.2024
The decentralized exchange SushiSwap is making its royal entry into the market with a multi-token model and a new council structure titled Sushi Labs. The latest models will work along with SushiSwap’s decentralized autonomous organization. The newly launched business organization will be...
Pyth network positions its oracle solutions on IOTA EVM
13.6.2024
Pyth network has positioned its oracle solutions on IOTA EVM to enhance oracle’s ability to introduce real-time data on-chain, from external sources and prepare them to be utilized within smart contracts. Pyth network is oracle based, intending to offer a smooth and convenient service...
Lido announces a partnership with Mellow Finance
12.6.2024
Lido has announced a partnership with Mellow Finance. The objective is to provide the holders of staked ETH (stETH) access to advanced DeFi vaults. The partnership also includes an association with Symbiotic. The partnership aligns with Lido’s mission to enter the Ethereum restaking space...
Vertex goes live on Mantle, boosting DeFi speed and efficiency
12.6.2024
The release of Vertex on Mantle, a layer-two rollup solution for Ethereum, marks a significant advancement in the field of blockchain and decentralized finance. It is anticipated that this integration will result in a positive impact on the DeFi industry by increasing the speed of transactions...
Astar Network releases dApp Staking v3-compatible Astar Native Ledger app
12.6.2024
The investor community, which is passionate about enjoying Ledger’s security, can choose the Astar Native Ledger App. It will make the experience of using dApps more fruitful and enticing to the large customer base. Astar is a proponent of innovation in the dApp staking space, which makes...
ZKsync announces airdrop of 3.67B $ZK token to 695k wallets next week
11.6.2024
ZKsync has announced plans to deliver a generous gift to its loyal community members. According to an announcement on ZKNation, starting June 17th, an unrestricted airdrop of 17.5% of the total token supply, i.e., 3,675,000,000 tokens, will be distributed as a show of gratitude. While this sizable...
OP Mainnet boosts decentralization with new ‘Fault Proofs’
11.6.2024
OP -3.29% Labs has taken a giant leap in the world of Layer 2 Blockchain technology to implement fault proofs on their OP Mainnet. This achievement brings the platform to “stage 1 rollup” status, which points towards decentralization. This milestone is necessary for the network because it builds...
DeFi project Hydration will receive $14.4M from Polkadot Treasury
11.6.2024
Polkadot Treasury has allocated 2 million DOT tokens. They were worth approximately $14.4 million. The DeFi project Hydration has benefited from the allocation, which aims to improve liquidity and efficiency. Omnipool is a liquidity provisioning platform that operates on a single-sided basis....
Rise of Crypto Loans: A dramatic and unprecedented event
10.6.2024
The Aave V3 protocol is approaching $6 billion in loans, and it is a clear indication of the maturity of decentralized finance strategies. The rapid growth of crypto loans is well-documented, as evidenced by their vast quantity. According to the latest industry reports, onchain borrowings exceeded...
Radix will be the part of the idOS consortium
7.6.2024
Radix is becoming a member of the idOS Consortium, a decentralized identity network that is specifically designed to store and manage access to decentralized identities. Currently, it is catering to a large number of authenticated users. It was created with the assistance of a variety of framework...
Fireblocks now offer Core, expanding institutional BTCFi access
7.6.2024
Core, a layer-one blockchain powered by Bitcoin that is compatible with EVM-compatible smart contracts, is now accessible on Fireblocks. The Core is tasked with bringing Bitcoin finance to life through a unique Bitcoin staking protocol. It is delightful to note that the very first yield-bearing...
Misyon Bank launches an Avalanche-based asset tokenization platform
6.6.2024
Turkey-based Misyon Bank, an investment bank and one of Turkey’s first neobanks, has recently launched a platform that enables the tokenization of real-world assets on the Avalanche blockchain network. Misyon Bank announced this on June 5, describing it as a comprehensive platform that enables...
Holesky launch: AVS’s begin testing restaker and operator rewards
6.6.2024
EigenLayer has recently released the first version of its rewards system on the Holesky testnet, which shows that they are making steady progress. This first phase allows AVSs to engage with the rewards system, assess the structure of incentives for both restakers and node operators, and allow...
Injective publishes community updates for May
5.6.2024
Injective has published community updates for the previous month, that is May 2024. It encapsulates everything that Injective has achieved, or every aspect in which it has made significant advancements. While the list is long, a total of three things stand out: Arbitrum inEVM integration, Helix...
Coinbase’s Base Ethereum Layer-2 network sees a rise in activity
5.6.2024
Coinbase is experiencing increased traction on Base, its Ethereum layer 2 network, largely due to its forthcoming smart wallet, which is gaining investor interest. Its TVL is also experiencing an unusual escalation. Over the past three months, Base has succeeded in surpassing Arbitrum and Optimism...
TAP Protocol and ICP forge partnership for Blockchain bridge
4.6.2024
In a landmark strategy set to revolutionize the DeFi sector, Dfinity’s Internet Computer Protocol (ICP) has teamed up with the TAP Protocol to launch a trustless bridge connecting the Ethereum blockchain with the TAP Protocol. This groundbreaking act is anticipated to facilitate the seamless...
Term Structure’s mainnet on Ethereum is now live!
3.6.2024
Term Structure, the intial non-custodial fixed-income protocol, has successfully launched its mainnet on Ethereum. A first-of-its-kind market-driven fixed-income technology is being unveiled, marking a watershed moment in decentralized finance (DeFi). This protocol will change the way liquidity...