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Ethena Labs boosts USDe token with Bybit integration


Ethena Labs, an artificial stablecoin startup, has incorporated Bybit for building on its USDe token as a collateral asset on the crypto exchange.  Further backing of USDe will enable users to conduct trading perpetuals and generate yield on Ethena. It stands at $15.3%, and zero-fee trade...

Primex integrates Squid for cross-chain token transfers


Primex has incorporated Squid, wherein users will be provided the option of shifting their tokens, selecting one amongst 60 backed EVM and Cosmos chains. This will be utilized in the protocol.  Axelar is a Web3 interoperability blockchain linking and allowing cross-chain messaging amongst more than...

Armani Ferrante, CEO of Backpack, on Solana and Web3 Super Apps | Ep. 332


Backpack CEO Armani Ferrante talked about taking a long, winding path toward Solana and establishing Anchor, creating the Backpack super app, the future of the crypto economy, and why it will be ten times better. The post Armani Ferrante, CEO of Backpack, on Solana and Web3 Super Apps | Ep....

Blast Ecosystem grows on new “Jackpot” incentive


After the announcement of Jackpot, tokens in the Blast ecosystem—an Ethereum Layer 2 solution—have surged in price. PacMoon has risen over 30%, Juice Finance is about 40%, and notable NFTs like Blastopians are up nearly 50%. Interestingly enough, this rise in token prices within the Blast ecosystem...

Justin Sun’s huge deposit of $376m wins Liquid Restaking Protocol


The founder of Tron, Justin Sun, made a groundbreaking improvement in the cryptocurrency world when he transferred a large number of tokens with a base for Ethereum to the L2 protocol of the Swell network.  The blockchain trail indicated that Sun’s wallet deposited 120,000 eETH into...

Eigen to offer 100 more EIGEN to token holders after airdrop outcry


Eigen Foundation recently announced its intention to airdrop 100 EIGEN tokens to more than 280,000 wallet owners. This change highlights a deviation from the foundation’s prior approach, in which community members expressed impatience because of a dearth of token liquidity. However,...

LayerZero Airdrop Snapshot Completed: ZRO Token Coming Soon


The LayerZero airdrop snapshot was completed on May 1. ZRO futures contracts on decentralized exchanges suggest a substantial valuation for the upcoming token. However, concerns remain regarding the potential influence of airdrop hunters and their impact on the token's value. The post LayerZero...

Chronicle Oracles debuts on zkSync, expands support for dApps


Scribe, blockchain’s verifiable and cost-effective Oracle, will now be available on zkSync Era. Chronicle Protocol’s incorporation of zkSync unleashes decentralized and robust price feeds for numerous dApps available in the system.  zkSync Era has been launched by Chronicle with their...

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