A major step towards decentralization will be taken by Base in mid-July when fault proofs are introduced on the Sepolia testnet. The integrity of transactions is guaranteed by this important advancement, which seeks to improve the network’s security and dependability. It is critical to comprehend the ramifications of this development
June 22, 2024 2 mins read
Pyth Network, a real-time market data provider for blockchain applications, has teamed up with Gauntlet and Morpho to provide improved lending and borrowing experiences on Base and Ethereum. DeFi protocols benefit from Pyth’s dependable, low-latency price data, which gives them a competitive advantage and allows them to optimize capital efficiency
June 21, 2024 3 mins read
A key event is about to unfold as bitFlyer, a prominent Japanese crypto exchange, is slated to buy FTX Japan. Until today, details about the intention to acquire the local unit of the renowned but now insolvent FTX exchange remained undisclosed. Nonetheless, the arrangements for this transaction are nearing completion.
June 20, 2024 2 mins read
In light of the recent announcement that its community has grown over one million developers, EasyA, the leading Web3 education app in the world, plans to begin its Polkadot education campaign to capitalize on this achievement. The platform has grown to be a vital starting point for the industry’s builders,
June 20, 2024 2 mins read
Sonic, the first gaming L2 infrastructure to debut on Solana, has secured $12 million in a recent Series A round headed by BITKRAFT, with participation from Galaxy Interactive, Big Brain Holdings, and others. Mirror World Labs is a GameFi infrastructure company that has been in business for over two years,
June 18, 2024 2 mins read
Around 94 million Binance Coin (BNB) tokens, or 64% of the total supply, are reportedly owned by Changpeng Zhao (CZ), the former CEO of Binance, according to a Forbes article. A forensic investigation by Gray Wolf Analytics and the news platform showed that the Binance founding team received 80 million
June 15, 2024 2 mins read
The failure of Gemini Earn, the exchange’s lending program, led to charges of fraud, which Gemini agreed to settle for $50 million. This follows strict regulations imposed in New York on lending initiatives associated with cryptocurrency. The authorities claim that the settlement would recompense the victims of fraud and clear
June 14, 2024 1 min read
During the summer, SEC Chair Gary Gensler anticipates the approval of Ethereum spot ETF S-1s. This follows prior conjecture on the S-1 launch window. In addition to the highly anticipated Ethereum ETFs, Gensler also addressed the difficulties that decentralized finance (DeFi) presents to anti-money laundering (AML) regulations. The announcement by
June 14, 2024 2 mins read
Fhenix announces its collaboration with Privasea, a pioneer in AI + DePIN computing with an emphasis on FHEML. Through this agreement, the development of secure AI applications employing FHE will be advanced by using the experience of both Privasea and Fhenix. 1/ Today we’re thrilled to announce a partnership with @Privasea_ai, a
June 13, 2024 3 mins read
Terraform Labs has reached a $4.47 billion settlement with the U.S SEC, ending the allegations brought against it. Reuters was the first to report the settlement, which will make it the second high-profile case in the cryptocurrency industry to pay a settlement of more than $4 billion. As part of
June 12, 2024 2 mins read
