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The Protocol: Lido Backers vs EigenLayer
15.5.2024
In this week's issue, we've got the scoop on a new possible rival to restaking pioneer EigenLayer. PLUS Are meme coins an investable asset class? With the latest Runes data and $70M of project fundraisings
Worldcoin beefs up security by open-sourcing biometric data system
15.5.2024
Worldcoin Foundation open sources a secure multi-party computation (SMPC) system to enhance biometric data protection and confirmed that users can now securely delete old iris codes
Shibarium Tech Moderator reveals strategic information management at Shibarium Tech
15.5.2024
In a recent talk with The Shib Daily, Special, who is the moderator for both Discord and Telegram at Shibarium Tech, explained how the company is careful in sharing updates about its various projects. This thorough strategy is designed to achieve a balance between providing transparency...
Sonne Finance Token Drops 60% After $20M Exploit on Optimism
15.5.2024
Attackers stole ether, velo and stablecoins before developers mitigated the hack and paused operations. Sonne’s markets on the Base blockchain were not affected
Lido Co-Founders, Paradigm Secretly Back EigenLayer Competitor as DeFi Battle Lines Form
15.5.2024
The popularity of new blockchain “restaking" protocols led by EigenLayer has drawn a response from the principals behind the liquid staking platform Lido, which itself burst onto the scene a couple of years ago to become the largest project in decentralized finance
Irthu Suresh: Using Blockchain Tech to Reduce Water Shortages
14.5.2024
The founder of the Atlantis water exchange is a speaker at this year’s Consensus festival in Austin, Texas, May 29-31
Vitalik Buterin's Ethereum Wallet Proposal, Scribbled in 22 Minutes, Gets Positive Reviews
14.5.2024
After a technical proposal to improve Ethereum wallets met with some opposition, a familiar figure swooped in last week to devise an alternative
DeFi Lender Liquity Unveils New Stablecoin With User-Set Borrowing Rates in White Paper
14.5.2024
Liquity V2 will allow borrowers to set their borrowing costs, a novel approach in DeFi, and pays the lion's share of protocol revenues back to liquidity providers
'Liquid Vesting' Is Oxymoronic Blockchain Feature That Lets Early Investors Sell Without Waiting
14.5.2024
A new feature from Colony Lab, a developer and project incubator in the Avalanche blockchain ecosystem, called "liquid vesting," lets users sell their tokens before their vesting period is over
Bitcoin Runes Protocol Sees Traction Waning After Much-Hyped Introduction
14.5.2024
User activity has plunged after a hyped run-up to the start of the Runes protocol , which was expected by some to mirror Solana’s meme coin ecosystem
Investment Firm Franklin Templeton: Base to Lead Ethereum L2 Sector, Powered by Socialfi
13.5.2024
Franklin Templeton, a global investment behemoth, has praised the development and growth of Base, the Coinbase-incubated Ethereum L2. On social media, the company declared that Base had “hit a home run” due to its popularity with meme coins and socialfi applications, including...
South African Fintech Startup Leseka Tech Signs Deal to Buy Payments Provider for $86M
12.5.2024
Lesaka Technologies, a fintech startup based in South Africa, recently signed a deal to acquire Adumo, a payment solutions provider, for nearly $86 million. Under the terms of the agreement, Lesaka Technologies will pay Adumo $12.5 million in cash. The funds will be sourced both internally and from...
EigenLayer Opens Claims for Airdrop of EIGEN Token, Though It's Non-Transferable
10.5.2024
Perpetual futures markets price the fully diluted value of the token at around $15 billion
Celo Community Ratifies Plan to Use Optimism's OP Stack for New Layer-2 Chain
10.5.2024
The vote passed with overwhelming support, with 65 addresses representing 14.6 million CELO tokens signaling approval for the measure
Crypto Custody Tech Firm Fireblocks Unveils New York-Regulated Trust Company
10.5.2024
Fireblocks is also convening a licensed and qualified crypto custodian partner program with a starting line up of custodians from the U.S., the United Arab Emirates, Britain, Singapore, Thailand and Australia
Franklin Templeton Praises Base Network in SocialFi, Cites Success with Friend.Tech
10.5.2024
Franklin Templeton, has spotlighted Base, an Ethereum layer 2 (L2) network incubated by Coinbase, as a frontrunner in the realm of Social Finance (SocialFi) with its application, Friend.tech.
The post Franklin Templeton Praises Base Network in SocialFi, Cites Success with Friend.Tech appeared first...
U.S. officials seek easier pathways to ban AI exports and keep tech secrets in
10.5.2024
Amid the global race to obtain high-level AI models, legislators in the U.S. have unveiled a new bill that would make it easier to ban exports of AI tech to safeguard against mal-intended foreign actors
Could These Be The Real Nintendo Switch 2 Specs?
10.5.2024
While a follow-up to the Switch is as inevitable as night following day, its existence was only finally made officially official earlier this week. At the same time, we’ve seen dribs and drabs of leaks about screen sizes, controller changes, and other minutiae for months, if not years. But today...
Jack Dorsey Forecasts Bitcoin Will Surge to $1 Million By 2030
10.5.2024
Tech leader Jack Dorsey is betting big on Bitcoin, forecasting a price explosion to over $1 million by 2030. "I do think it hits that number and goes beyond," he said.
The post Jack Dorsey Forecasts Bitcoin Will Surge to $1 Million By 2030 appeared first on Cryptonews
Base set for ‘material share’ of SocialFi activity: Franklin Templeton
10.5.2024
Base is already home to 46% of transactions related to SocialFi on-chain, but the asset manager says it has even more room to grow