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
PEPE has recently seen an increase in market cap, spurred by strong demand and the approval of spot Ethereum ETFs. Meanwhile, Solana’s price is on the rise amid ongoing market fluctuations. Yet, it’s BlockDAG that has truly shone with its Keynote 2, realizing a 1120% ROI from batch 1 to
The popular blockchain-based game Crypto: The Game (CTG) has been acquired by Uniswap Labs. Following the news, the price of the UNI token surged, increasing by 6% on the three-hour price chart. Uniswap Labs COO Mary-Catherine Lader is excited about combining CTG’s interactive on-chain experiences with Uniswap’s products and services.
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
Lucie, the marketing lead for Shiba Inu, recently recommended users to use fully homomorphic encryption (FHE) technology to increase the privacy and security of the SHIB ecosystem in a series of postings on social media platform X. Strengthening user trust and ensuring interactions inside the SHIB metaverse are the goals
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
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
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
Several transactions draining $81.5 million from the protocol occurred during the end of 2023 on the cross-chain bridge Orbit Chain, which has significant links to the Klaytn ecosystem. The assets were left undisturbed after the attack until Saturday, when the hacker or group started transferring around $48 million to Tornado
Amid a surging DeFi market, the Aave protocol is facing a significant uptick in high-risk loans, raising alarms among investors and analysts alike. According to a recent report by data analytics firm IntoTheBlock, the volume of these risky loans on Aave is nearing critical levels, with collateral values perilously close
