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Osmosis and UX Chain Announce Merger, Set to Jointly Launch Cosmos-based DeFi Hub
4.12.2023
Source: Pixabay Osmosis and UX Chain are preparing to merge in a move that seeks to create a comprehensive DeFi hub. Subject to approval, the merger would result in the fusion of lending protocol UX Chain’s lending logic and algorithms with Osmosis’ decentralized exchange, the largest DEX...
Stani Kulechov Defied Crypto Winter
4.12.2023
With upgrades to the Aave lending/borrowing protocol and Lens, an open-source social media protocol, the Estonian native kept BUIDLing in a down-market
The Year of Decentralized Social Media
4.12.2023
Farcaster, Friend.tech and Lens showed how much can change in a year — but is Web3 networking ready for primetime?
Mantle Launches Non-Custodial Liquid Staking Protocol on Ethereum
4.12.2023
Source: Adobe Ethereum layer-2 project Mantle has announced the launch of its new liquid-staking protocol, Mantle LSP. In a Monday post on X (formerly Twitter), the proejct said Mantle LSP will allow users to deposit ETH and participate in network staking through validator nodes. ???? Interact with...
Mantle Releases Liquid Staking Protocol, Expanding Beyond Layer-2 Operator
4.12.2023
The release will be the second core product in the Mantle ecosystem, and comes just six months after the Mantle Network, a layer-2 network atop Ethereum, went live
French Court Acquits Hackers Accused of Targeting Avalanche Stablecoin Project Platypus
4.12.2023
Image Source: Pixabay A French court has acquitted the individuals accused of orchestrating the $8.5 million hack on Platypus Finance, an automated market maker (AMM) protocol on the Avalanche blockchain. According to a report by Le Monde, the defendants, identified as Mohammed and Benamar M., were...
Lido Achieves 9 Million Ethereum Milestone as Rocket Pool Surpasses 1 Million in Defi’s Booming Staking Sector
3.12.2023
Recent data reveals that Lido, the leading liquid staking protocol (LSP), now holds over 9 million ethereum within its system. This figure represents a significant 77.81% of the total ethereum value locked in current LSPs, underscoring Lido’s dominant position in the market. Lido and Rocket...
L2 Crypto Project Blast Achieves $660M TVL Amid Mockery for Key Developer Recruitment
2.12.2023
Recent data reveals that Blast, the new layer two (L2) blockchain platform, has amassed a significant $660 million in value within its decentralized finance (defi) protocol. Concurrently, while accumulating a variety of crypto assets, the initiative has commenced a search for experienced senior...
KyberSwap Announces Grants from Protocol Treasury to Aid Victims of Recent Exploit
2.12.2023
Source: AdobeStock / Roman Samokhin The team behind KyberSwap announced that it would offer grants from the protocol’s treasury to victims of the recent exploit, aiming to provide monetary relief. In a post on X (formerly Twitter), the team behind KyberSwap reiterates its unwavering...
Talos and Uniswap Forge Landmark Deal to Boost DeFi Access for Institutions – Adoption on the Rise?
1.12.2023
Talos – a digital trading infrastructure provider – has teamed up with Uniswap and Fireblocks to connect institutional traders to the decentralized finance (DeFi) ecosystem. Per a press release from Uniswap on Thursday, Talos’s clients will be able to use the protocol’s trading APIs to access...
Terraform and Do Kwon’s Attempt to Dismiss Class-action Lawsuit Fails: Report
1.12.2023
Source: YouTube/Coinage Defunct blockchain protocol Terraform Labs is currently fighting legal challenges in Singapore and appears to be facing setbacks. According to a local news outlet, the creators of the algorithmic stablecoin TerraUST and its founder, Do Kwon, have had their efforts...
AltLayer adds support for the NEAR Protocol’s DA layer
1.12.2023
AltLayer has announced that it has added support for the DA Layer of NEAR Protocol to its roll-up offering. AltLayer chose to integrate NEAR because it facilitates transaction commitments from Ethereum L2. Users, thereby, can send batch transaction commitments securely to their smart contracts....
Is Chainlink Going to Zero? LINK Price Struggles as New Mining Protocol Bitcoin Minetrix Secures $4.6 Million
1.12.2023
As Chainlink struggles to push up out of consolidation, LINK price is currently up +2.9%, but with market attention shifting to a new mining protocol – is Chainlink going to zero? This comes following a sensational breakout move by LINK price over the past two months, which has seen...
Grow Protocol Raises Over $15k In First Hours Of ICO Start
1.12.2023
PRESS RELEASE. Token preseal is currently live – 11/17/23 Coinscribble – December 1st, 2023 / In a pioneering development in the Web3 realm, GROW Protocol announces its debut as the “world’s first real blockchain passive income coin”. Signifying a radical shift...
$AIMEME Soars: Achieves 1542% Growth in 30 Minutes Following LBank Listing
1.12.2023
PRESS RELEASE. In a groundbreaking move within the cryptocurrency market, LBank’s Launchpad for ACGN Protocol’s native token, $AIMEME, has emerged as a focal point, marking a remarkable advancement in the crypto market. This achievement holds particular significance in the anime...
Protocol Village: Arbitrum Lands RARI's New NFT-Focused Layer-2 Chain
30.11.2023
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Nov. 30-Dec. 6, with live updates throughout
LBank’s Launchpad for ACGN Protocol Wraps Up with Over 9.5 Million USDT Invested, $AIMEME Listing Ahead on LBank
30.11.2023
PRESS RELEASE. LBank recently wrapped up its third Launchpad event, this time for the ACGN Protocol ($AIMEME), and the results were remarkable. The event attracted significant attention, following in the footsteps of the successful MetaExpand and PINS Network Launchpads. A total of 95,098,311 USDT...
Blockchain Protocol Algorand Forms Strategic Collaborations in India For Web3 Push
30.11.2023
Source: Pixabay Decentralized network Algorand (ALGO) has partnered with key players in India to deepen India’s Web3 foundation. In a significant move explained by the blockchain platform’s CEO Staci Warden, Algorand will partner with the Indian tech advocacy group – NASSCOM. Other partners include...
Wormhole Raises $225 Million at $2.5 Billion Valuation in 2023’s Largest Crypto Fundraise
29.11.2023
Source: Adobe Interoperable blockchain protocol Wormhole has achieved another significant milestone with a $225 million seed fund raised from a group of prominent investors in the crypto landscape. This fundraising is the largest in the Web3 ecosystem so far this year, propelling Wormhole’s...
Protocol Village: It's Crypto Spring, as Smart-Contract Platform Index Jumps Most in 10 Months
29.11.2023
Digital-asset markets are heating up, especially for blockchain tokens. In this week's Protocol issue, we highlight November's 19% jump in the CoinDesk Smart Contract Platforms Index (SMT), the biggest gain in 10 months