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A Decentralized Rollup Pilot by Injective and Espresso Systems
21.7.2023
An exciting new collaboration has been announced between Injective and Espresso Systems, a protocol that creates decentralized rollup sequencers. With this partnership, Injective will introduce decentralization into its ecosystem, focusing on Cascade and the wider IBC (Inter-Blockchain...
Arbitrum Improvement Proposal #2 (AIP-2) has officially passed
21.7.2023
Arbitrum recently announced the official release of AIP-2 (Arbitrum Improvement Protocol #2). The announcement was made on the official Twitter account of Arbitrum. The string of tweets stated that API-2 will bring improved support for Account Abstraction. It will make development surrounding Smart...
LayerZero goes live on Base mainnet
20.7.2023
LayerZero Labs has announced that LayerZero is now live on the Base mainnet. It joins the likes of Parallel by being a part of the ecosystem. They will now facilitate the movement of tokens between Base and Ethereum. Projects other than Parallel that are utilizing the potential of LayerZero...
AllianceBlock x Arkefi: Promotes sustainable future!
19.7.2023
AllianceBlock and Arkefi have joined hands to advance the segment of sustainable finance. The news was announced by both, highlighting that the partnership has officially opened doors for opportunities. They are now tasked with building a sphere where sustainable finance can exist. The objective...
Alpha Vault incorporates LI.FI’s widget
19.7.2023
Alpha Vault, which is a multi-chain smart investment platform for cryptocurrencies, takes pleasure in declaring the fact that it has incorporated LI.FI’s widget. Through this, the users connected with Alpha Vault will be in the position of being able to link and swap their individual assets through...
Uniswap Labs introduces the UniswapX Protocol
18.7.2023
Uniswap Labs recently announced its latest product, UniswapX. Announced over Twitter, UniswapX is a permissionless, auction-based, open-source protocol. The protocol will be used for trading through multiple AMMs (automated market makers) and other liquidity sources. The beta version of...
Unraveling the facts behind Lens Protocol V2
18.7.2023
Lens Protocol unravels the many facts surrounding Lens Protocol V2, which is basically an open and decentralized social layer meant for the web. Their intention behind the creation of the Lens was to influence the social media community, along with the builders, users, and brands. They reached...
A strategic investment in Aark Digital is made by OKX
13.7.2023
In a significant development for the decentralized finance (DeFi) industry, OKX Ventures, the venture capital division of OKX, has announced a strategic investment in Aark Digital.The investment underlines both the growing significance of decentralized derivatives trading in the cryptocurrency...
DeepBook enhances DeFi to support developers on Sui
13.7.2023
The Sui Foundation was created to empower and support developers on the Sui network. The platform serves as a channel for official updates and announcements about the Sui network as well as articles on projects that are built on Siu to offer helpful tips. The Sui Foundation has opened a brand...
KyberSwap expands to LineaBuild mainnet soon!
12.7.2023
After a successful trial run, Linea is on track to make Ethereum more scalable. Today marks an important step forward as they start enrolling launch partners. Today, Linea took a major step in KyberSwap’s mission to create an Ethereum system with greater scalability. The alpha version of...
Chainlink Price Feeds now support tokenized assets of Backed
11.7.2023
Chainlink has announced supporting Backed’s tokenized real-world assets via Chainlink Price Feeds. The bTokens that are now supported by the price feed mechanism are IBO1, IBTA, and CSPX. The announcement has said that Chainlink Price Feeds backing the tokens will help them gain integration...
Stader’s ETHx positioned live on mainnet
11.7.2023
With the utilization of Stader’s ETHx, it will be possible to maintain the decentralization of Ethereum through the creation of a liquid staking solution. It will be connectable, as well as dependable and rewarding. According to the team members of Stader, this will be achievable with the backing...
Solana staking is currently accessible on Gemini
7.7.2023
It is presently possible to carry out Solana staking via Gemini staking, which will open the doors for being able to obtain SOL rewards in one’s Gemini account. Gemini staking is also into backing staking activities related to Ethereum (ETH), along with Polygon (MATIC) and Solana (SOL). However,...
BarnBridge instructed to close liquidity pools
7.7.2023
BarnBridge DAO has been instructed to put a closure on its present liquidity pools due to the fact that there is an ongoing investigation being carried out by the Securities and Exchange Commission of the U.S. BarnBBridge DAO, which is into operating a small DeFi protocol, has been instructed...
Binance Halts Transfers of Multichain-Linked Tokens Following May Incident – Here's the Latest
5.7.2023
Starting July 7, 2023, Binance will cease to facilitate deposits and withdrawals of several cross-chain bridge tokens associated with the Multichain project across specified networks.
This suspension will remain in effect until further notice.
The decision to suspend support for these tokens...
Two Hatom Protocol modules going live on July 16
5.7.2023
Hatom recently announced the launch of its two modules on the mainnet. The protocol will release Liquid Staking and Lending Protocol modules on July 16. The event will take place only three days before the Public Sale ends. The protocol released an official tweet to inform users about...
Loopring L3 now live on Taiko alpha-3 zkEVM testnet
5.7.2023
Loopring recently announced deploying its L3 on the Taiko alpha-3 zkEVM testnet. The integration allows Loopring to achieve better scalability and optimized experiences for its dApps and smart wallet. The news was shared through a string of tweets by Loopring. The tweets stated that Loopring...
Report: Over $204 Million Lost to DeFi Hacks and Scams in Q2
3.7.2023
More than $204 million was lost in various hacks and scams in the decentralized finance (DeFi) space during the second quarter of 2023, a new report by crypto portfolio app De.Fi has found.
According to the report, the initial loss for the quarter was as high as $208.5 million before $4.5 million...
EigenLayer hiking restaking capacity for Native & LST restaking
3.7.2023
EigenLayer announced expanding its staking prospects by elevating caps on LSTs (Liquid Staking Tokens.) The latest upgrade will enhance users’ access to staking while maintaining utmost asset security and safety. Achieving such an update requires approval from the Multisignature Governance system....
deBridge goes live on the Solana network
30.6.2023
deBridge recently announced going live on Solana after 1+ years of development. The network released a string of tweets to inform users about the integration. According to the tweets, the integration will bring seamless interoperability to Solana. At the same time, it will enable Solana to conduct...