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Solana’s DeFi TVL skyrockets 80%: SOL’s next move?
18.3.2024
The Solana blockchain has shown a real feat, seeing its decentralized finance (DeFi) total value locked (TVL) increase by almost 80% in the last month alone, jumping according to DefiLlama’s data. This remarkable hike displayed the Solana TVL at the highest level in two years, marking...
Solana Price Prediction as $12 Billion Trading Volume Sends SOL Below $170 – Time to Buy the Dip?
16.3.2024
Amidst a meme coin mania, Solana's price soars, showcasing its robust DeFi ecosystem and hinting at a bullish future beyond fleeting trends.
The post Solana Price Prediction as $12 Billion Trading Volume Sends SOL Below $170 – Time to Buy the Dip? appeared first on Cryptonews
Billion-Dollar Volumes and Then a Steep Drop Prompts Allegations of Wash Trading on Aevo
15.3.2024
In response, Aevo says customers suddenly traded more on its decentralized exchange to try to get some of its airdrop
Offchain Labs’ ArbOS 20 Atlas lowers Arbitrum transaction costs
15.3.2024
Offchain Labs has introduced ArbOS 20, which has been given the codename ‘Atlas.’ ArbOS Atlas will significantly decrease the transaction fees associated with Ethereum Layer 2, which is one of the most significant outcomes. The revolutionary ArbOS 20 Atlas is all set to bring innovative changes...
Space and Time to introduce its network on zkSync hyperchain
15.3.2024
Space and Time (SxT), a decentralized data warehouse utilizing AI to instruct its data models, will introduce its network on a zkSync hyperchain. Blockchain networks are known to function in warehouses and have restricted interoperability with other chains. zkSync hyperchains address the issue...
Paul Frambot, CEO of Morpho Labs, on DeFi 2.0, Modular Layered Protocols, and The Next Evolution of DeFi | Ep. 318
15.3.2024
Morpho Labs CEO Paul Frambot discusses how the four co-founders raised millions for Morpho, what changes to DeFi the protocol aims to bring, how he envisages the next phase of DeFi, why the Morpho team opted for a minimalist approach, contrary to the current DeFi trend, and why DAOs are not suited...
Transition from BRC-20 to BRC-420 Tokens Signifies ‘Maturation Within Bitcoin-Based Defi,’ Says Mithil Thakore
15.3.2024
While the Bitcoin network is poised to see significant growth in its Layer-2 (L2) ecosystem, “finding an optimal mechanism to maintain finality” on the network remains an inherent limitation that prevents this from happening, Mithil Thakore, the co-founder and CEO of Velar, has said....
Arbitrum Seeks DAO Approval for $400 Million Gaming Ecosystem Fund
15.3.2024
Arbitrum Foundation proposes a $400 million gaming catalyst fund to the DAO for community endorsement, aiming to invigorate its blockchain gaming ecosystem over two years.
The post Arbitrum Seeks DAO Approval for $400 Million Gaming Ecosystem Fund appeared first on Cryptonews
Monad Devnet Launches with Scalability Promise – Could it Push Ethereum Technology to New Heights?
14.3.2024
Ethereum-compatible blockchain Monad launches its devnet, demonstrating potential for 10,000 transactions per second in testing. The project's parallelized EVM architecture offers greater throughput and developer compatibility.
The post Monad Devnet Launches with Scalability Promise – Could it Push...
Swell Forms a Coalition with Altlayer and EigenDA
14.3.2024
Swell has struck a deal with Altlayer and EigenDa to introduce its Layer 2 rollup for restaking. Working upon its $1 billion in the form of TVL throughout its staked LST and LRT, Swell’s Layer 2 will be involved in liquid restaked assets on EigenLayer. Swell’s rollup will play the role of...
Meme Coins Strongly Correlated to Network Growth: Franklin Templeton
14.3.2024
Meme coin markets have boomed in tandem with the growth of addresses on their underlying blockchains
DeFi Borrower Behavior Key to Gauging Tokenization Risks: BIS Study
14.3.2024
The study was designed to look at the largely unexplored "intricacies" of user behavior and dynamics of decentralized finance lending, the authors said
Developers Upload Script of Jerry Seinfeld’s ‘Bee Movie’ on Ethereum as Gas Fees Plunge After Dencun
14.3.2024
Copying and pasting the Bee Movie script is a niche internet meme that originated on Tumblr and quickly spread to Reddit, YouTube, Facebook, and other social media platforms
Layer-2 Blockchain Blast Grinds to a Halt During Ethereum Dencun Upgrade
14.3.2024
A Blast block explorer reported that the Blast network had encountered a disruption in block production due to the Ethereum Dencun upgrade.
The post Layer-2 Blockchain Blast Grinds to a Halt During Ethereum Dencun Upgrade appeared first on Cryptonews
House Panel Chairman Tells CFPB to “Go Back to the Drawing Board” Over Stringent Crypto Oversight Proposal
14.3.2024
House Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion Chairman French Hill (R-AR) lambasted the Consumer Financial Protection Bureau (CFPB), telling the independent government agency to “go back to the drawing board” regarding an oversight proposal that would...
How COTI V2 Benefits from the Ethereum Dencun Upgrade
13.3.2024
COTI V2, a privacy-centric Layer 2 solution built on the Ethereum network, is expected to grow exponentially due to its close link to the Ethereum blockchain. As the Ethereum ecosystem strives for optimal performance, security, and scalability, COTI V2 is also readily aligning itself with...
Blast Network Temporarily Halts Amid Dencun Upgrade; Fix Deployed
13.3.2024
Blast, a new Ethereum layer two (L2) scaling solution, paused its block production due to issues arising from the recent Dencun upgrade on the Ethereum mainnet, with its team diligently seeking a fix. Since launching its mainnet on Feb. 29, 2024, and amassing billions in crypto assets through...
Astar zkEVM positioned live on the DEX
13.3.2024
Astar zkEVM is now positioned live on the DEX, for which QuickSwap intends to further the acceptance of Astar Network’s zkEVM chain via its DEX framework. For the dragon community, this is indeed a landmark happening. Astar zkEVM was created as a Supernet to speed up the mass acceptance of Web3...
Solend expands DeFi horizons with Suilend on Sui Blockchain
13.3.2024
The team members of Solend, a DeFi lending protocol on the Solana blockchain, have delivered Suilend, its initial project beyond the Solana ecosystem. Suilend utilizes the DeFi knowledge of the team members differently, using the Move programming language and the potential and high level tools...
Xuirin Finance (XUIRIN) Launches Presale, Aiming to Transform the DeFi Sector
12.3.2024
PRESS RELEASE. In a significant stride towards revolutionizing the decentralized finance (DeFi) landscape, xuirin Finance is excited to announce the launch of its presale, effective immediately. This pivotal event marks a monumental milestone for the innovative DeFi platform, known for...