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New collaboration initiative of Chainlink and Circle Partner
31.5.2024
Chainlink and Circle Partner are collaborating to enhance the developer usage of USD Coin and Euro Coin. The new partnership will mix Chainlink’s top-quality services for tokenized assets and Circle Partner’s developer platform. Chainlink is the leading decentralized computing platform...
TVVIN to release its gold and utility token on Polkadot
31.5.2024
TVVIN announces the introduction of its LBMA-certified gold token ($VVG) and platform utility token ($TVVIX) on Polkadot to establish a framework for real-time asset tokens. TVVIN is a real-world asset (RWA) tokenization base that offers multiple types of RWAs, which include gold, silver, platinum...
Aptos Network to incorporate Chainlink data feeds and CCIP
31.5.2024
Aptos Network will integrate Chainlink data feeds and CCIP, thereby providing developers in the Aptos ecosystem with access to crucial toolkits and high-quality data required for the development of dApps. The programming language Move enables the creation of Aptos, a new-age layer 1 blockchain....
Ripple highlights the building blocks of institutional DeFi on XRP Ledger
30.5.2024
Ripple has published its vision and roadmap for institutional DeFi on the XRP Ledger. It essentially covers key functionalities, including, but not limited to, value transfer, issuance, credit, and exchange. Several key innovations within the ecosystem are Automated Market Makers, Decentralized...
DeFi Data Firm API3 Raises $4M in Funding Round Led by DWF Labs
29.5.2024
API3, a service that provides DeFi data feeds to blockchain-based smart contracts without relying on a third party, has raised $4 million in a funding round led by DWF Labs.
The post DeFi Data Firm API3 Raises $4M in Funding Round Led by DWF Labs appeared first on Cryptonews
Metaplex Foundation joins Mutant Labs to launch MPL-404 on Solana
29.5.2024
Metaplex Foundation introduces the MPL-404, an infrastructure and on-chain protocol. It is designed to facilitate the transition of fungible and non-fungible assets, which is described as the hybrid DeFi. Nevertheless, Mutant Labs’ SPL-404, a top hybrid DeFi benchmark on Solana, will now...
Solana validators approve 100% priority fee distribution: Key details
28.5.2024
The adoption of a major proposal, SIMD-0096, marks a recent development in the Solana network. The distribution of priority fees is intended to be altered by this new proposal, which was approved by 77% of the validators. In the past, these fees were divided into equal halves. One half...
Investigation Links Memecoin Team to Hack of Crypto Influencer’s Account- ZachXBT
27.5.2024
A recent investigation has implicated the creators of a new memecoin in hacking a crypto influencer's account, exposing a complex scheme to manipulate cryptocurrency prices.
The post Investigation Links Memecoin Team to Hack of Crypto Influencer’s Account- ZachXBT appeared first on Cryptonews
Normie Team Negotiates 90% Fund Return After $41.7M Market Cap Plunge
27.5.2024
After a 100% plunge in the price of $NORMIE following a smart contract exploit, the Normie memecoin team mulls negotiating with the accused hacker to recover 90% of the stolen funds.
The post Normie Team Negotiates 90% Fund Return After $41.7M Market Cap Plunge appeared first on Cryptonews
Uniswap takes a step toward strengthening decentralized governance
27.5.2024
Uniswap has announced plans to implement a new fee distribution mechanism if it receives the necessary approvals by May 31, 2024. It has further highlighted key figures from financial disclosures. What makes these developments imperative is that they come at a time when Uniswap is in the middle...
Blast Blockchain attains sixth position among big-time players
23.5.2024
Blast blockchain now holds the sixth position amongst the big-time players in the industry with regard to DeFi assets. It is seemingly gaining the attention of added builders and users towards itself. Its total value locked (TVL) has reached over $1.9 billion. Business houses such as Ethereum...
Jupiter exchange launches groundbreaking Giant Unified Market initiative
22.5.2024
Today is the start of the Giant Unified Market (GUM) project, which aims at consolidating all possible markets into one atomic market that everyone can access. This expansive project will leverage the Solana blockchain and the Jupiter environment; it will also have the backing of leading players...
Tristan Frizza, Founder of Zeta Markets, on Solana’s DeFi Layer 2 Plans, Perpetual Trading, and 2024 DeFi Summer | Ep. 336
21.5.2024
Tristan Frizza, the Founder of DeFi platform Zeta Markets, discusses how he came to build on Solana (encouraged by a chat with the chain’s founder), Solana’s congestion issues, building the first Solana L2, and how this will benefit Zeta and the wider community.
The post Tristan Frizza, Founder...
HBAR Foundation accelerates Hedera DeFi ecosystem growth
21.5.2024
The HBAR Foundation is actively involved in enhancing the Hedera network’s evolving DeFi ecosystem. They have prioritized the task at hand. From 2021 onwards, HBAR is known to have stood by more than 200 projects, as well as startups and companies developing on Hedera. In exchange, the projects...
Ethereum eyes ETF verdict, DeFi events, amidst market swings
20.5.2024
Ethereum (ETH) is above $3,000; it is listed at $3,086.75, down by 0.89% in the last 24 hours. The market expects the price to fluctuate several times before reaching its peak. The US SEC could deliver a verdict on Spot Ether ETF this week. However, this is merely speculation, and the US SEC...
Synthetix stablecoin, sUSD, becoming more scalable and decentralized
17.5.2024
sUSD, Synthetix’s stablecoin, is undergoing a critical phase in preparation for the V3 release, which will result in enhanced decentralization and upgradability. The previous V2x mechanism encouraged participation by minting the SNX token. It differs from the present version in that it brings...
ShibaSwap embraces Shibarium: A homecoming upgrade!
16.5.2024
Today is an extraordinary day for the DeFi community as SHIB, the influential DeFi cryptocurrency, released a fantastic message. Shiba Inu got its name from the ShibaSwap decentralized exchange integrated with Shibarium. With this, ShibaSwap will now function on both the Ethereum and Shibarium...
SushiXSwap v2 upgrade: A giant leap in cross-chain swaps!
16.5.2024
SushiXSwap, an unprecedented platform with the capability of exchanging tokens across different blockchains, has just released a new version, the SushiXSwap v2. The new iteration, which was born in 2022, has a lot of new improvements that build up on the old version, leading to its evolution. ...
Brothers Arrested for Allegedly Exploiting Ethereum Blockchain to Steal $25 Million in 12 Seconds
16.5.2024
Two brothers, both graduates of the prestigious Massachusetts Institute of Technology (MIT), have been apprehended and charged with exploiting a vulnerability in the Ethereum blockchain.
The post Brothers Arrested for Allegedly Exploiting Ethereum Blockchain to Steal $25 Million in 12 Seconds...
Degen Chain Outage: Network Restored, L3 Debate Reignited
15.5.2024
Degen Chain, a prominent Ethereum layer-3 blockchain, experienced a two-day outage due to a configuration error, which affected its network and native DEGEN token. Explore the details of the disruption and its implications for layer-3 networks.
The post Degen Chain Outage: Network Restored,...