Wed, September 23

EU Innovation Hub Targets Privacy Coins and Crypto Mixers

Cryptocurrency mixing protocols and privacy coins are encountering resistance from European lawmakers. Members of the European Union Innovation Hub—an initiative that brings together representatives from EU agencies and member states—have released their first report on encryption. The “dual-use” aspect of cryptographic technologies is highlighted in the report. The report backed

June 11, 2024 2 mins 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

Uniswap Labs Acquires Popular Blockchain-based Crypto: The Game

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.

June 10, 2024 1 min 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

Shiba Inu Team Recommends FHE to Boost Privacy in SHIB Ecosystem

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

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

Dormant Hacker Moves $48M from Orbit Chain Exploit to Tornado Cash

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

June 10, 2024 1 min read