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Aave Launches GHO Stablecoin on Ethereum Network
17.7.2023
Aave, a prominent lending protocol within the decentralized finance (defi) sphere, has unveiled GHO, a new stablecoin, which is now live on the Ethereum network. Aave users can now mint the stablecoin asset by leveraging Aave version three (v3). Aave’s Dollar-Pegged GHO Token Goes Live...
Chainlink's Interoperability Protocol, Connecting Blockchains to ‘Bank Chains,’ Goes Live
17.7.2023
This is the launch of the standard that could connect all of the blockchains and all of the bank chains, Sergey Nazarov said in an interview with CoinDesk
A New Uniswap Feature Aims to Eliminate DeFi Pain Points
17.7.2023
UniswapX, announced at EthCC in Paris, offers better prices by aggregating liquidity sources, gas-free swaps, and protection against MEV
QED: A Zk-Native Blockchain Capable of Serving Millions of Concurrent Users
17.7.2023
PRESS RELEASE. July 17th, 2023, Hong Kong. Startup Open Asset Standards has recently announced QED, the world’s first ZK 2.0 blockchain protocol. Unlike existing zero knowledge blockchain protocols, QED has a novel state model which is horizontally scalable, meaning it is no longer limited...
Sam Altman-Backed Worldcoin Reaches 2 Million Signups
17.7.2023
Worldcoin, a startup that aims to build the “world’s largest identity and financial network as a public utility,” has reached two million sign-ups. The company, which uses its biometric World ID system to differentiate human beings, stated it has more than doubled the number...
Aave Protocol launches stablecoin GHO on Ethereum mainnet, $2M minted
17.7.2023
Decentralized finance protocol Aave has finally launched its new algorithmic dollar-pegged stablecoin GHO on Ethereum
Liquid Staking Derivatives in Ethereum Swell by 1.5 Million ETH in 2 Months
15.7.2023
Over the course of the previous 63 days, there’s been a notable 16.98% surge in the quantity of ethereum (ETH) held in liquid staking derivatives protocols, with a substantial addition of roughly 1,507,285 ETH across 23 different platforms. Data reveals that Lido Finance dominates...
Hackvolution: BNB Chain kicks off Hackathon to Drive Innovation and Collaboration
14.7.2023
PRESS RELEASE. BNB Chain, the world’s largest smart contract blockchain in terms of daily active users, has today announced Hackvolution, its global 7-week Hackathon, starting on July 13th and running until September 1st. Hackvolution gets support from COMBO, Google Cloud, CyberConnect...
Crypto Bridging Protocol Multichain Ceases Operations After CEO, Sister Detained in China
14.7.2023
Multichain said it has been forced to take the action "due to lack of alternative sources of information and corresponding operational funds."
Planq Partners with Router Protocol to revolutionize asset bridging
14.7.2023
Planq has revealed its partnership with Router Protocol as the primary bridging partner in a highly anticipated announcement. Planq, a leading provider of secure transaction and communication systems, is dedicated to revolutionizing the blockchain landscape for mobile users. Their mission centers...
The Great Mission: Impossible Movies Deserve A Great New Game
13.7.2023
The fuse has been lit and the mission has been accepted. That’s right folks, it’s time for a new Mission: Impossible film. The latest entry in the popular action franchise is out now in theaters. But if this new film has you all excited about the franchise again and you want to play a Mission:...
Get Protocol Secures $4.5 Million Funding to Disrupt Ticketing Industry with NFTs
13.7.2023
Non-fungible token (NFT) ticketing firm Get Protocol has secured $4.5 million in new funding to create an alternative to companies like Ticketmaster.
The funding was secured from investors despite a current fundraising environment described by CEO Maarten Bloemers as “absolute hell” following last...
Leveraged Yield Protocol Rodeo Finance Initially Loses $1.7 Million in ‘Force-Investment’ Hack
13.7.2023
Rodeo Finance, a leveraged yield protocol on Arbitrum, was on July 10 a victim of a “force-investment” hack in which almost $1.7 million was reportedly stolen. According to Rodeo Finance, about $810,000 has been recovered so far and there are plans to freeze the stolen funds. Protocol...
Best Crypto to Buy Now 11 July – Mina Protocol, Compound, Solana
11.7.2023
Major cryptocurrencies are trading with a modestly positive bias on Tuesday, but are still mostly within recent ranges ahead of Wednesday’s key US inflation data.
Bitcoin (BTC) was last trading up around 1% in the last 24 hours in the $30,600 area, while ether (ETH) was last around $1,870....
Algorand decentralized lending protocol Algofi to shut down by end of year
11.7.2023
Developers say building the borrowing and lending protocol is "no longer a viable path" for Algorand
Near Foundation treasury drops to $900M as token price plunges
11.7.2023
The $200 million decline was mostly due to a drop in the price of Near tokens, in line with the crypto bear market
Brevan Howard Joins $12M Round for Liquid Staking Protocol Alluvial
11.7.2023
Ethereal Ventures and Variant co-led the round for Alluvial, creator of the enterprise and institution-focused Liquid Collective
Index Coop Aims to Improve Limitations of Protocol, On-Chain Structured Products
11.7.2023
The infrastructure limitations of this sector include a lack of cross-chain asset support, expense in maintaining products due to high issuance costs and difficulty rebalancing on-chain products due to slippage
Cross-Chain Protocol Axelar to Develop Web3 Services With Microsoft Azure
11.7.2023
Axelar said further plans with Microsoft include connecting private and public blockchains that use OpenAI services to create Web3 products
DeFi Protocol Holding 55% of Algorand Value to Shut Down
11.7.2023
Algofi, the largest decentralized finance protocol on layer-1 blockchain Algorand, said it will shut down and plans to halt lending, borrowing and trading imminently