The ezETH depegging incident, driven by poor communication and lack of withdrawal mechanisms, highlights crucial lessons in ensuring stability and effective risk management in the DeFi space. The crypto community was shaken when Renzo’s native token, ezETH, diverged significantly from the price of its underlying asset, Ether (ETH), in April
May 29, 2024 6 mins read
The Decentralized Finance (DeFi) ecosystem has come a long way since the yield farming craze that fueled the 2020/2021 bull run. At the time, most of the protocols were launching solely on the Ethereum blockchain; however, with transaction fees skyrocketing, alternative Layer 1 blockchains such as Solana and Layer 2
May 29, 2024 5 mins read
The project stands to revolutionize how data is accessed, utilized, and secured, boldly challenging the centralized industry giants that have dominated the AI lifecycle Today, GaiaNet, a pioneering, new AI infrastructure project that aims to decentralize current AI agent softwares, announced it has raised a $10 million Series Seed Round
May 28, 2024 4 mins read
After two years of testing, crypto company Mybitbot has released their automated trading product, which aims to help ordinary users gain easier returns and control risks in the crypto market. Mybitbot is a platform that maximizes user capital returns and is widely popular among crypto investors due to its outstanding
May 28, 2024 3 mins read
Built on Dymension and Powered by Celestia’s DA layer, Rivalz aims to create a decentralized peer-to-peer network for modular AI apps, enhanced by programmatic trust and privacy. Rivalz Network, backed by leading investors such as Delphi Ventures, Zee Prime, Stakewithus, Cogitent Ventures, D1, M6, 4RC, and GSR – is laying
May 28, 2024 3 mins read
Risks are inherent in the realm of asset trading. As such, traders are encouraged to understand and practice risk management as early as they begin their careers in the field. With the emergence of Artificial Intelligence (AI), traders have an extra tool in their arsenal to reduce risks and enhance
May 28, 2024 3 mins read
The announcement of Telegram’s new cryptocurrency, STARS, has sent a jolt through the market. This news triggered a 2.66% price increase for Toncoin (TON) in a single day, reflecting investor optimism about the potential connection between the two platforms. However, Telegram’s STARS and Toncoin (TON) aren’t the only projects grabbing
May 28, 2024 4 mins read
In the evolving cryptocurrency market, projects like Floki Inu and PEPE are at various stages of development and engaging their communities. Floki Inu has implemented substantial token burns, and PEPE has reached new market highs, marking their respective impacts. Yet, BlockDAG stands out with its extensive developments, including the introduction
May 28, 2024 4 mins read
Ethereum’s scaling issue is not a new topic of discussion in the crypto realm; this pioneering smart contract blockchain is notorious for high gas fees due to its limited throughput during periods of high activity. One of the main reasons behind the limited scalability is the sequential nature of Ethereum’s
May 27, 2024 5 mins read
The cryptocurrency landscape is abuzz with exciting developments, making it an exhilarating time for investors. BlockDAG has launched a groundbreaking dashboard designed to enhance user experience and boost engagement, reinforcing its status as a leader in the blockchain industry. Meanwhile, Hedera Hashgraph (HBAR) is attracting investor interest with its bullish
May 27, 2024 4 mins read