Fri, February 7

First Decentralized RPCs for Polkadot and Kusama Launched by SubQuery Network

SubQuery Network, a provider of Web3 infrastructure, has announced the release of two new RPCs for the Polkadot ecosystem. They’re the first decentralized RPCs on Substrate-based networks, available for Polkadot and Kusama. Nearly 200 networks use web3 infrastructure from SubQuery. The SubQuery Network is a worldwide network of decentralized indexers and RPC

June 11, 2024 1 min read

Optimism Integrates Fault Proofs, Moves Closer to Complete Decentralization

According to the OP Labs development team, Ethereum layer-2 Optimism has included fault proofs into its smart contracts. As far as the team is concerned, Optimism has progressed to what Vitalik Buterin, co-founder of Ethereum, has dubbed “Stage 1” of decentralization. Base, Metal, Mode, and Zora are the least number

June 11, 2024 2 mins read

Cardano Set for Major Milestone with Node 9.0 Release and Hard Fork

As far as the Cardano ecosystem is concerned, its founder Charles Hoskinson expects a big event to take place around June. According to Hoskinson’s June 9 X announcement, Cardano Node is expected to reach version 9.0 this month, and the Chang fork is coming soon. This signifies that 70% of

June 10, 2024 2 mins read

Hydration Secures $14.4M in DOT Tokens from Polkadot Treasury to Boost DeFi

The leading DeFi project on Polkadot, Hydration, is excited to announce that it has been awarded 2 million DOT tokens from the Polkadot treasury, which is worth $14.4 million. The funds will be used to improve Omnipool, Hydration’s single-sided liquidity provisioning platform, in terms of both liquidity and trading efficiency. The DOT tokens

June 10, 2024 2 mins read

Solana Prepares for Mainnet Upgrade v1.18.15 with Major Enhancements

In order to strengthen the Solana blockchain, validators are being urged to upgrade to a new stable version, and Solana is getting ready for another mainnet upgrade. In the midst of the meme coin craze and the enormous demand for platforms on the Solana-based blockchain, the team is getting ready

June 10, 2024 2 mins read

Jellyverse Introduces DeFi 3.0 Tools on Sei Blockchain

The community-driven DeFi platform Jellyverse, which is serving as Balancer’s official representative on the Sei blockchain, has announced the opening of its Jellyverse ecosystem and decentralized exchange (DEX) JellySwap. The “JellySwap” DEX, “JellyStake” staking solution, and “jAssets” synthetics protocol are all included in the platform. By introducing DeFi 3.0 via

June 10, 2024 2 mins read

Coinbase-backed Ethereum Layer-2 Network Base’s TVL Hits $8 Billion

Just days after surpassing Optimism’s OP Mainnet, the total value locked (TVL) on Ethereum’s layer-2 network Base topped $8 billion. According to L2Beat’s statistics as of June 10th, its TVL is $8.05 billion. This includes $5.92 billion in natively minted assets and $2.14 billion in canonically bridged value, which are

June 10, 2024 1 min read