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DeFi Project Yield Protocol to Wind Down by Year's End
4.10.2023
At its peak in April 2022, Yield Protocol had over $22 million in total value locked, but this figure has since dwindled to around $2 million
IOTA Foundation is set to release IOTA 2.0 Protocol Update
3.10.2023
The IOTA Foundation recently talked about its upcoming IOTA 2.0 protocol update. The venture has been researching and prototyping the update for years. The goal of the update is to facilitate digital autonomy across the web. Besides this, IOTA is also pushing its Stardust upgrade on October 4 at...
Protocol Village: Babylon Unveils Bitcoin Staking Protocol for Cosmos Ecosystem
2.10.2023
The latest in blockchain tech upgrades, funding announcements and deals. For the week of Oct. 2-8, with live updates throughout
Vaneck Pledges 10% of Ethereum ETF Profits to Fuel ETH Core Development
2.10.2023
On September 29, 2023, the asset management firm Vaneck unveiled an initiative to earmark 10% of its profits from its ethereum (ETH) exchange-traded fund (ETF) towards protocol development for at least ten years. This financial infusion will be given to the Protocol Guild, a consortium of over...
Vitalik Buterin Discusses Ethereum Protocol ‘Enshrining’: ‘Blockchains Are Social Systems’
1.10.2023
Vitalik Buterin, the co-creator of Ethereum, has discussed the next steps that the protocol is about to take and how the upcoming decisions should be the result of balancing complexity and functionality. Buterin noted that Ethereum started with a philosophy of striving for simplicity but that...
Protocol Guild In For Big Pay Day From Ether ETF
1.10.2023
VanEck has announced that it will donate 10% of all profits from its upcoming Ethereum (ETH) futures exchange-traded fund (ETF) to the Ethereum core developers for a period of ten years.
The beneficiary of this initiative will be The Protocol Guild, a group comprising more than 150 developers...
Exciting New GameFi/GambleFi Protocol Meme Kombat’s Presale Scorches Past $125,000 – Here’s Why $MK Could Be 2023’s Hottest Meme Coin
29.9.2023
One of web3 hottest new gaming platforms Meme Kombat has just launched a presale that is fast gaining momentum.
Despite launching its presale just days ago, Meme Kombat has already been able to raise more than $125,000 in funds that it has pledged to dedicate to the development of its innovative...
Circle Rolls Out Open-Source Protocol to Help Build Tokenized Credit Markets
29.9.2023
Perimeter Protocol, an open-source smart contract codebase dedicated to credit facilitation, is the first development of Circle Research
Protocols Must Deploy “Asymmetric Countermeasures” to Counter Code Vulnerability Exploiting Hackers — Spherex CEO
28.9.2023
While both attackers and smart contract auditors are motivated to find vulnerabilities in code, according to Eyal Meron, the co-founder and CEO of Spherex, the former “is always more incentivized as the protocol’s total value locked (TVL) grows.” To overcome this challenge, Meron...
The Scalability Solution: Understanding Layer One vs. Layer Two Blockchains
28.9.2023
Layer one (L1) and layer two (L2) blockchains offer different approaches to scaling distributed ledger networks. While developers of L1 blockchains focus on improving the base protocol, L2 programmers have moved transactions off-chain to enable faster and cheaper transactions. What Are Layer...
Jade Protocol Faces Calls to Liquidate $31M Token Treasury
27.9.2023
The crypto club Jade Protocol could become the latest DAO to die
The Protocol: Google Pushes Deeper into Blockchain
27.9.2023
Google's cloud-computing division is increasingly involved in blockchain, with plans to add 11 networks including Polygon, Optimism, and Polkadot to its 'BigQuery' program for public datasets
Chainlink’s Cross Chain Protocol Goes Live On Base: Here’s The Latest
27.9.2023
Blockchain oracle network Chainlink has integrated its Cross-Chain Interoperability Protocol (CCIP) on the Coinbase layer 2 network, Base.
According to a Sept 27 press release, the cross-chain interoperability protocol is now live on Base giving the network’s developers access to the whole...
Cricket World Cup to feature Web3 fan app as ICC taps into NEAR blockchain
27.9.2023
The International Cricket Council will leverage NEAR's Blockchain Operating System to power a Web3 fan engagement app during 2023 Cricket World Cup in India
Google paves way for AI-produced content with new policy
27.9.2023
A subtle change to the description of Google Search’s helpful content system could very well be the beginning of a new era of content distribution on the internet. Something to be embraced or a pause for thought?
Web3’s resilience amidst the bear market: A promising horizon awaits
27.9.2023
In the bear market's quiet, there is ample room for ideation, innovation and the laying of a foundation that will not just withstand, but thrive, in the subsequent bull market
Bitcoin Ordinals haven’t wrestled blockspace from money TXs: Glassnode
27.9.2023
Inscriptions have been acting more as a "packing filler," stuffed into any remaining space once higher-value monetary transfers are packed into blocks, said the firm
Ordinals Creator Casey Rodarmor Introduces ‘Runes,’ New Fungible Token Protocol for Bitcoin
26.9.2023
Casey Rodarmor, creator of Bitcoin Ordinal inscriptions, introduced a new fungible token protocol named Runes in a blog post September 25, 2023. Although uncertain if it’s a “good idea,” Rodarmor believes a robust fungible token protocol could “bring significant transaction...
Binance integrates Maverick Protocol on zkSync Era Network
26.9.2023
Binance has announced that it has completed the integration of the Maverick Protocol on the zkSync Era Network. This enables the exchange platform to open up deposit and withdrawal functions of the native token, MAV, for users across the ecosystem. The smart contract address for the deposit is...
Liquid-Staking Token-Backed Stablecoin MKUSD Surges 27,000% in Under a Month
23.9.2023
Since the start of 2023, the size of the stablecoin economy has decreased amid numerous redemptions. However, new stablecoin asset projects, such as Aave’s GHO, First Digital’s FDUSD, and Paypal’s PYUSD, have emerged. On September 1, a stablecoin protocol named Prisma Finance...