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Injective and Solana achieve cross-chain name service

16.2.2024
Injective announced that it, along with Solana, has achieved cross-chain name service. This fuels interoperability with the first-ever omnichain domain release for both sides. This eliminates the need to change the domain while interacting with other ecosystems. Hence, offering an enhanced...

Moonwell Introduces ‘USDC Anywhere’ for Cross-Chain Lending and Borrowing

15.2.2024
Moonwell has launched a new feature called “USDC Anywhere,” designed to facilitate the cross-chain lending and borrowing of the USD Coin stablecoin directly across various Ethereum networks. Following the launch on Feb. 14, a Moonwell blog post revealed that USDC Anywhere untilized Circle’s...

ICP’s 2023 review: The year of next-gen SNS DAOs and Multi-Chain

14.2.2024
ICP recently released a report to summarize its yearly progress. The report overviewed the multi-chain features, expansive market growth, partnerships, and new projects for ICP. While 2023 was a brutal year for the crypto market, ICP still ended the year with a 30% increase in developer growth....

D8X Launches on Polygon zkEVM, Targets Institutional Grade Investors

14.2.2024
D8X, a cryptocurrency decentralized exchange (DEX) for derivatives has launched on Polygon’s zkEVM in a bid to provide an institutional-grade platform for investors in decentralized finance (DeFi). In a recent press release, the company announced its launch on Polygon’s zkEVM, rolling out plans...

BNB Chain divulges its game plan for 2024

13.2.2024
BNB Chain has divulged its game plan for 2024, which focuses on ability maximization. This will involve the delivery of opBNB Connect in terms of scalability. There will be an aim towards particular decentralized dApps for mass acceptance, like decentralized finance (DeFi), as well as gaming...

Farcaster Co-Founder Critiques Twitter Clones: Innovation Over Imitation

10.2.2024
Decentralized social media protocol Farcaster has emerged as a prominent player among several burgeoning Twitter alternatives, both on-chain and off-chain. However, Dan Romero, the co-founder of Farcaster, does not view his decentralized social app as a competitor to Elon Musk’s Twitter...

Citrea Proposes First ZK Rollup to Make Bitcoin the All-Chain

10.2.2024
Citrea, a project that aims to scale Bitcoin through ZK rollups, came out of stealth on Tuesday. The project aims to become a pathway for several initiatives to take advantage of the decentralization and security of Bitcoin while at the same time contributing to scaling and giving developers...

On-Chain Domains Expand Usability of Web2 Platforms

8.2.2024
Just as the internet advanced with the evolution of the Domain Name System (DNS) – which turns domain names into IP addresses – the crypto sector is undergoing a similar transition with the implementation of on-chain domain names. What are On-chain Domains? Sandy Carter, COO and Head of Business...

BNB Beacon Chain (BEP2) will cease in a few months

8.2.2024
The BNB Beacon Chain (BEP2) is expected to collapse within the following months completely. Binance assists users by providing support for the BEP2 network and facilitating the transition process. The project team formally proclaimed this in January of 2024. Binance has proactively established...

Ransomware Payments Hit Record $1 Billion in 2023: Chainalysis

7.2.2024
Criminals made off with a staggering $1 billion in cryptocurrency ransomware payments in 2023, per the latest insights from Chainalysis’ 2024 “Crypto Crime Report.” The report highlights a surge in sophisticated attacks targeting high-profile institutions and critical...

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