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Uniswap launches v2 across all major chains
21.2.2024
Uniswap announces the launch of v2 across all major chains. This entails the likes of Polygon, Arbtirum, Base, Optimism, Avalanche, and Binance Smart Chain. The community can now enhance liquidity, create pools, and facilitate swaps on their preferred chains using their favorite tokens through...
MetaMask Launches Real-Time Security Alerts on Major Chains
20.2.2024
MetaMask's security alerts now cover Ethereum, Linea, BNB Smart Chain, Polygon, Arbitrum, Optimism, and Avalanche. The system proactively warns users of potential threats during transactions. This feature has a proven track record, including successful protection during the Vitalik Buterin phishing...
Pyth Network Unveils Real-Time Bitcoin ETF Price Feeds, Bridging Defi and Traditional Finance
20.2.2024
On Tuesday, Pyth Network announced the rollout of real-time price feeds for bitcoin exchange-traded funds (ETFs), enhancing the data’s availability to both decentralized finance (defi) developers and the wider crypto and traditional financial communities. These feeds encapsulate data from...
David Johansson, CEO of BLOCKLORDS, on Blockchain Gaming, Web3 Gaming Airdrops, and User Acquisition for Web3 Games | Ep. 310
20.2.2024
BLOCKLORDS CEO David Johansson discusses the indestructible link between crypto and gaming; how BLOCKLORDS came to where it is today, despite the obstacle; how the team utilized the circumstances in the space and the knowledge they gained to set up a platform to help others launch Web3 games;...
Liquid Restaking Tokens or 'LRTs' Revived Ethereum DeFi. Can the Hype Last?
20.2.2024
New liquid restaking platforms like Puffer and Ether.Fi have attracted billions of dollars in deposits, but they've birthed a speculative "points" frenzy that carries some risks
DeFi Platform Earning Yield by Shorting Ether Attracts $300M
20.2.2024
Ethena offers a 27% annualized reward to holders of its USDe stablecoins, a yield mostly generated by shorting ether futures
Supra releases DORA price feed on the Metis Network
20.2.2024
Supra has made its decentralized Oracle (DORA) price feeds available on the Metis network. This will facilitate reliable and innovative data services. The incorporation of DORA price feeds into the Metis network facilitates an advanced system that operates with enhanced precision and efficiency...
FixedFloat Hit by $26M Crypto Heist: Bitcoin and Ether Stolen
19.2.2024
The automated DeFi exchange, FixedFloat, was targeted in a hacking incident that resulted in the loss of 409 Bitcoin (valued at approximately $21.3 million) and 1700 ETH (worth around $4.9 million). This breach was reported by the blockchain cybersecurity Twitter account Officer’s Notes, under...
Sui Network Records $593 Million TVL as Wider Market Taps $72.7 Billion
19.2.2024
As bullish pressure ignites, the Sui network recorded a massive spike in transactions and TVL alongside the broader crypto market. New market data from decentralized finance (DeFi) on-chain analytics firm DeFiLlama shows an uptick in volumes from different metrics in the Layer 1 network. On Feb...
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...
Fidelity expects institutions to choose DeFi yields in a report
16.2.2024
Fidelity published a report stating the 2024 outlook, wherein it expects institutions to move an inch closer to DeFi Yields if the Fed starts cutting rates. Additionally, an increase in stablecoin yields could also make the segment more attractive for institutions. However, the rate cut will have...
ZK Proofs Enable Defi Platforms to Meet Regulatory Requirements Without Compromising User Data, Says Ex-FCA Regulator
16.2.2024
Diana Tlupova, Head of Compliance at Nexera ID, has argued players in the decentralized finance (defi) space can stay ahead of regulators who might want to impose stringent Know-Your-Customer (KYC) rules by using zero-knowledge (zk) proofs to authenticate user credentials. Tlupova contends that,...
Swell to join Chainlink BUILD for Oracle services and support
16.2.2024
Swell is set to join the Chainlink BUILD program to enjoy access to Chainlink’s technical support and Oracle services. The announcement was shared on the official X/Twitter account of Chainlink. The tweet read that the integration will support the use and security of liquid staking. Swell will make...
USD-Pegged Stablecoins Could Boost Dollar Dominance: Fed Governor
16.2.2024
The US Fed Governor Christopher Waller, who previously voiced cryptos are “risky,” now throws a positive stance on dollar-pegged stablecoins. Speaking at a conference in Nassau, Bahamas on Thursday, Waller said that decentralized finance (DeFi) could actually boost dollar dominance. He stressed...
Chainalysis Report: Crypto Value Sent From Illicit Addresses Dropped by Nearly $10 Billion in 2023
16.2.2024
According to Chainalysis’ report on money laundering trends, the value of crypto transferred by illicit addresses in 2023 fell by nearly $10 billion from $31.5 billion to the latest $22 billion. The report attributes the drop to the overall decline in both legitimate and illicit crypto...
Crypto Traders See 20% Chance of Bitcoin Topping $70K by April End: DeFi Options Marketplace Lyra
16.2.2024
Bitcoin has rallied 35% in three weeks, with mining reward halving due in April
U.S. Federal Reserve Gov. Waller Says DeFi Could Boost Dollar's Global Strength
15.2.2024
Crypto critics often warn of digital currencies' potential to destabilize the U.S. dollar, but Federal Reserve Gov. Christopher Waller argued that stablecoins' dependence on the dollar could actually strengthen the U.S. fiat currency as decentralized finance (DeFi) catches on
Solana Mobile Processed Over $20 Million in Payments Using USDC With No Processing Fees
15.2.2024
Solana Mobile, Solana Labs’ smartphone subsidiary, processed over $20 million in payments in alliance with Shopify and USDC, the second-largest dollar-pegged stablecoin. Anatoly Yakovenko, a co-founder of Solana Labs, explained that 51% of Chapter 2’s payments were completed using USDC...
DeFi Protocol Tranchess Launches New Staking Products With Lido Finance
15.2.2024
Tranchess, a decentralized protocol specializing in risk-adjusted yield solutions for digital assets, announced the launch of two new staking products in collaboration with Lido Finance, a leading liquid staking platform. These products, dubbed “staYETH” and “turYETH,”...
Sommelier launches DeFi strategy vault on Arbitrum
15.2.2024
The Real Yield ETH vault by Sommelier made its way into Arbitrum, making it the first destination for its multichain exploration. The transition comes after retail inventors reportedly phased out the high gas fees of the Ethereum mainnet. With this, Sommelier Finance brings a one-click yield vault...