The Layer 2 blockchain ecosystem is continually evolving, with projects like Polygon, Arbitrum, Immutable X, and Mantle leading the way. In this competitive space, where numerous innovative projects enter, distinguishing the best among them can be challenging. However, Bitrock has captured the community’s attention by establishing itself as a cost-efficient
Following a request from the United States DOJ, a federal court has ordered the freezing of certain financial accounts and assets belonging to Alex Mashinsky, former Celsius CEO. A motion to unseal a restraining order concerning Mashinsky’s assets was approved by a court on September 5, according to a filing
Bloomberg says that one subset of the crypto industry, ‘liquid staking,’ has seen a stunning revival, almost reaching its all-time high. Assets held in liquid staking services increased by a remarkable 292% to $20 billion, recovering from a crisis in June 2022, when the larger digital-asset market was in an
ABC Conclave is set to gather blockchain enthusiasts, industry leaders, and innovators from around the globe on 7-8 October 2023 at the prestigious Dubai World Trade Centre. This immersive event will provide a unique platform for collaboration, education, and exploration of the latest trends in blockchain, cryptocurrencies, NFTs, DeFi, and
Some members of the community are concerned that Lido Finance now controls almost a third of all staked ETH. They argue that Lido’s growing influence is threatening Ethereum’s decentralized nature. Dune Analytics reports a 95% increase in the total amount of ETH staked over the last year, from $22 billion
As we find ourselves in the final month of Q4 this year, it’s crucial to reflect on the past months, marked by extreme volatility and a series of significant events. The year began by recovering from the FTX collapse, witnessed the Memecoin hype season in Q2, faced SEC regulatory challenges
Singaporean cryptocurrency lender Vauld, which has been going through bankruptcy proceedings since August 2022, recently announced that it has been granted permission to reorganize its board. The restructuring of the corporation will be overseen by the new management. Vauld’s co-founder Darshan Bathija announced on Twitter on August 24 that the
Cardano officially entered its DeFi summer in 2023, with TVL tripling since January! To understand what has driven this rise in Cardano DeFi, see the article on why Cardano’s TVL is rising. With this, now is as good a time as any to get involved in Cardano DeFi, and using
In a striking turn of events, Uniswap, the leading decentralized exchange, has emerged as the forerunner in the realm of spot trading volume, outpacing Coinbase, the prominent U.S. crypto exchange, throughout the course of 2023. A recent report by Bitwise’s crypto asset manager, Ryan Rasmussen, reveals a compelling trend that
This year for the first time in the world, pioneering blockchain founders and Visionary Venture capital firms meet in the most anticipated VC FOUNDERS Yacht event set to take place in Singapore with the breathtaking views of iconic Marina Bay. This unique event will take place during the world-famous Token
