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Lens Protocol Raises $15 Million to Augment Decentralized Social Media – Next Twitter Competitor?
9.6.2023
Aave’s Lens Protocol, a social layer for web3, has raised $15 million in funding to develop decentralized blockchain-backed social media.
According to a June 8 blog post, IDEO CoLab Ventures led the funding round alongside other VCs, such as General Catalyst, Variant, Blockchain Capital, and Palm...
Lens Protocol raises a funding amount of $15 million
9.6.2023
Lens Protocol has successfully managed to raise for itself the amount of $15 million, in terms of funding, with the able support of Aave Companies, which is a technology-based entity that is actively involved in the development of protocols, as well as applications that integrate decentralization...
Aave-Developed Lens Protocol Raises $15M to Expand 'Social Layer' of Web3
8.6.2023
Uniswap CEO Hayden Adams, OpenSea co-founder Alex Atallah, entrepreneur Balaji Srinivasan and Polygon co-founder Sandeep Nailwal joined the round as angel investors
DeFi Protocol Curve Finance Now Lets Users Mint crvUSD for Staked Ether
8.6.2023
The governance proposal for the crvUSD minting was passed early on Thursday
Cosmos-based DeFi lending protocol Nolus joins Cointelegraph Accelerator
8.6.2023
Nolus’ DeFi lending protocol aims to onboard more people by solving collateralization inefficiencies
US federal court dismisses lawsuit against DeFi platform PoolTogether
8.6.2023
The DeFi community funded the protocol's legal defense through a $1.4 million nonfungible token sale back in 2022
Steer Protocol partners with SushiSwap for concentrated liquidity
8.6.2023
In an exciting development for the DeFi and Web3 communities, Steer Protocol has announced a groundbreaking partnership with the renowned decentralized exchange protocol, SushiSwap. This collaboration aims to enhance liquidity and propel the DeFi ecosystem to new heights. The roots of this...
Aave Lending Protocol Moves Closer to Launching GHO Stablecoin on Ethereum Mainnet
7.6.2023
Aave Companies proposed two key features for the decentralized stablecoin in a governance post on Tuesday
Small business lending protocol Defactor tokenizes $100M in bonds
6.6.2023
The bonds are tokenized on Polygon using the ERC-3643 token standard
Crypto whales heeded to InQubeta presale as it shows more bullish signs than Near Protocol
6.6.2023
The InQubeta (QUBE) presale draws lots of attention from cryptocurrency whales eager to 4x their investments during the presale’s ten stages, thanks to the incremental price changes at each stage. The presale has exceeded all expectations, with the tokens allocated for the presale’s beta stage...
Harsh Rajat, Co-Founder of Push Protocol, on Creating a Web3 Communication Network, and AI | Ep. 236
6.6.2023
In an exclusive interview with cryptonews.com, Harsh Rajat, Co-Founder & Project Lead of Push Protocol, talks about centralized communication platforms, native communication between wallets, and creating a web3 communication network....
Read More: Harsh Rajat, Co-Founder of Push Protocol,...
Japanese Banking Giant MUFG to Deploy Stablecoins on Public Blockchains
6.6.2023
Mitsubishi UFJ Financial Group (MUFG), the largest bank in Japan, announced its plans to deploy and distribute bank-backed stablecoins on different public blockchains. The Japanese bank has partnered with Datachain, a blockchain interoperability company, and Toki, a cross-chain bridge, to allow...
Ocean Protocol faces stiff competition from InQubeta, Bittensor, & other AI coins
5.6.2023
The world of cryptocurrencies is abuzz with excitement as AI coins continue to dominate the market. While Ocean Protocol (OCEAN) has made significant strides in the AI sector, it now faces stiff competition from emerging players such as InQubeta (QUBE), Bittensor (TAO), and other AI-focused tokens....
Hop Protocol Rewards Sybil Hunters with Innovative Airdrop Tool – How Does it Work?
5.6.2023
As Sybil farming ahead of anticipated airdrops is becoming increasingly popular in the cryptosphere, Hop Protocol is unveiling a new initiative under which it will reward Sybil hunters for their diligence in combating Sybil attackers who target such airdrops.
Sybil attacks are carried out...
Ethereum Validator Activation Queue Grows: 90,000+ Validators Waiting in Line
5.6.2023
Ethereum faces congestion for validators to enter and begin staking in the protocol. According to data from Wenmerge, an information dashboard, more than 90,000 validators are waiting to provide protocol validation services on Ethereum. This means a validator entering the queue today must wait more...
Amulet Protocol forges collaboration with FYEO
5.6.2023
Amulet Protocol takes an enormous amount of pride in coming out with its official announcement of having forged an exclusive collaboration with FYEO, which is an absolute top-of-the-line cybersecurity organization. They are actively involved with Web3, as well as artificial intelligence...
Top analysts: Aave, Near Protocol, and DigiToads are set to thrive in 2023
3.6.2023
According to top analysts in the cryptocurrency market, Aave (AAVE), Near Protocol (NEAR), and DigiToads (TOADS) are expected to experience significant growth and thrive in 2023. These projects have captured the attention of investors and experts due to their innovative features, strong development...
Mysterious Disappearance of Multichain CEO Sends Shockwaves Through Crypto Community
3.6.2023
Four days ago, on May 31, 2023, the cross-chain protocol Multichain announced on Twitter that the team has been unable to locate the firm’s CEO. As a result, controls to several blockchain network routers have been impaired. The project’s native token, MULTI, has experienced a...
Rocket Pool to Integrate With Zksync Era, Offering Faster Speeds and Lower Transaction Costs
2.6.2023
According to Rocket Pool, a liquid staking derivatives provider, users will have the ability to liquid stake their ETH using the Layer 2 (L2) Zksync Era network. The company clarified that Rocket Pool liquid stakers utilizing Zksync Era will enjoy faster speeds and lower transaction costs. Liquid...
Solving Lightning’s ‘Inbound Liquidity’ Problem Is Focus of New Layer 2 Bitcoin Protocol, Ark
2.6.2023
The new protocol’s 24-year-old creator says Lightning’s inbound liquidity requirement - requiring users to commit funds to the protocol even when they're just receiving payments – “doesn’t make any sense.”