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Crypto’s Newest Sector: Telegram Bot Coin Economy Swells to $138 Million
25.7.2023
A new player has emerged in the constantly evolving cryptocurrency market: Telegram bot coins. These crypto assets, used within Telegram’s ecosystem, are leveraged to facilitate automated trades for users on decentralized exchange (dex) platforms. These distinctive crypto assets have turned...
Peer-to-Peer Crypto Platforms under Pressure in Declining Market
24.7.2023
Decentralized peer-to-peer crypto exchanges are under heavy pressure as they witness a sharp decline in the total market share.
The market share of peer-to-peer crypto platforms has dropped to 5% from a 2023 peak of 7% in March, Bloomberg reported citing Kaiko data.
Decentralized exchanges...
Worldcoin Migrates to Optimism
24.7.2023
Worldcoin, the decentralized ID and wallet protocol, has migrated its operations to Optimism, an Ethereum L2 scaling layer. With this move, Worldcoin aims to prepare for its future launch, taking advantage of the scalability features that its deployment on Optimism brings, including migrating user...
What is the difference between DApps and protocols?
22.7.2023
Discover the contrasting functions of DApps and protocols in the blockchain world, and gain insights into how they contribute to the growth of decentralized technologies
Bitcoin ETFs Can ‘Act as a Gateway to Crypto for Many’ — Mintlayer CEO Enrico Rubboli
22.7.2023
According to Enrico Rubboli, the CEO of Mintlayer, Bitcoin exchange-traded funds (ETFs) can potentially act as “a gateway to crypto” for users who are likely to eventually show greater interest in the underlying asset. Rubboli argued that while bitcoin maximalists may view Blackrock...
GMX Price Prediction as GMX Slumps 6.5% - Here’s Where the DEX Token Could Be Headed Next
22.7.2023
GMX, the governance and utility token that powers GMX, an Arbitrum-based decentralized exchange (DEX) for trading perpetual cryptocurrency futures with leverage, has tanked around 6.5% in the last 24 hours, as per CoinGecko.
That makes gives it the unwelcome crown of being the worst-performing...
Maker Price Prediction as MKR Pumps 13% on Token Buyback Scheme – Can it Break This Key Resistance?
21.7.2023
Maker (MKR), the governance token of the Maker Decentralized Autonomous Organisation (DAO) and of the decentralized finance Maker Protocol behind the issuance of the DAI USD-pegged stablecoin, has pumped around 13% on Friday.
MKR/USD was last trading around $1140 per token, but went as high...
A Decentralized Rollup Pilot by Injective and Espresso Systems
21.7.2023
An exciting new collaboration has been announced between Injective and Espresso Systems, a protocol that creates decentralized rollup sequencers. With this partnership, Injective will introduce decentralization into its ecosystem, focusing on Cascade and the wider IBC (Inter-Blockchain...
Ethena Raises $6.5 Million to Develop an Ethereum-Based, Banking System Independent Stablecoin
21.7.2023
Ethena, a protocol that seeks to build a banking system independent stablecoin, has announced that it has raised $6.5 million in its seed round. The round, led by Dragonfly, aims to help issue Ethena’s decentralized stablecoin product in Q3 2023, which was inspired by an article written...
Today in Crypto: UK Gov 'Firmly Disagrees' with Treasury on Regulating Crypto as Gambling, UK FCA to Open Digital Sandbox on August 1, Push Protocol Launches Decentralized Audio & Video Streaming App
20.7.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: UK Gov 'Firmly Disagrees' with Treasury on Regulating Crypto as Gambling, UK FCA to Open Digital Sandbox...
Polygon 2.0 begins groundwork for decentralized governance
20.7.2023
This expansion is set to encompass all blockchains and applications running on the Polygon network, thereby democratizing the upgrade process and fostering community participation
Centralized exchanges will become gateways for DeFi: dXdY Foundation CEO Charles d’Haussy
18.7.2023
CEO Charles d’Haussy doesn’t view centralized exchanges as competitors for dXdY
Oasis launches Ethereum-compatible privacy blockchain Sapphire
18.7.2023
The new developer environment aims to drive privacy-first, cross-chain DApp development for the Ethereum ecosystem and smart contract blockchain networks
Web3 Revolution: ‘Low Latency Is King’ Says Fleek Network Lead Researcher
18.7.2023
According to Parsa Ghadimi, the lead researcher at the Web3 infrastructure platform Fleek Network, many developers of decentralized apps (dapps) continue to shun Web3 infrastructure because it has low latency. Ghadimi asserts that developers and users are more concerned with performance than...
Decentralized Finance Sector Consolidates as $44B TVL Fails to Break $50B Barrier
18.7.2023
As of July 17, 2023, the decentralized finance (defi) sector has been witnessing a great deal of consolidation with total value locked (TVL) figures standing at $44.19 billion. Throughout most of the year in 2023, except for a brief period of seven days in April, the TVL in defi has consistently...
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...
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
Unstoppable Domains adds .eth domains through Ethereum Name Service partnership
17.7.2023
Unstoppable Domains and Ethereum Name Service have dominated the decentralized domain name space as competitors until now
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...
5 peer-to-peer (P2P) lending platforms for borrowers and lenders
15.7.2023
Discover five platforms — Aave, Compound, MakerDAO, dYdX and Fulcrum — that are transforming lending and borrowing through decentralization