Five years ago, blockchain scaling operated as a dual-lane highway. Layer 1, the slow lane, was for security, while Layer 2 was for speed. Then Layer 3 networks emerged, adding further bandwidth. But rather than serving as an ultra-high speed third lane, L3s have been engineered more like railways that
A New York federal judge has dismissed a patent infringement lawsuit filed by Bancor-affiliated entities against Uniswap, delivering an early procedural win for the decentralized exchange giant. The court ruled that the patents at issue claim abstract ideas and therefore do not qualify for protection under US patent law. Judge
Ethereum co-founder Vitalik Buterin argued that even well-designed ETH-collateralized algorithmic stablecoins still constitute genuine decentralized finance. He clarified that such algorithmic mechanisms can transfer U.S. dollar counterparty risk from users to market makers. Buterin blasted the notion that USDC deposit yield strategies are representative of true DeFi principles. He suggested
Bitwise Asset Management has filed a registration statement with the U.S. Securities and Exchange Commission to launch an exchange-traded fund focused on Uniswap. The offering would give investors regulated exposure to the governing UNI token via a traditional investment vehicle. If approved, it will become the first ETF to focus
Aave has announced a major internal cleanup, shutting down the Family mobile wallet and retiring the Avara brand. It plans to bring all products and teams to operate under the Aave Labs. This decision was made after a period of internal governance disputes. Add some more info in the intro.
Crypto launderers now move away from centralized exchanges and lean on decentralized tools to move funds, as revealed by new research from blockchain analytics firm Chainalysis. This is a result of improved compliance measures on the big trading exchanges, which can identify and freeze malicious transactions more quickly. Current events
The application layer of Bitcoin, Citrea, has rolled out its mainnet, permitting lending, trading and settlement directly on the BTC network. On January 27, the rollout was publicised, indicating a step toward widening the use of BTC beyond long-term holding into on-chain financial activity. Citrea places itself as an application
Bitwise, a well-known crypto investment firm, officially enters the DeFi by launching its first on-chain vault, and the product went live on January 26. The product runs on the Morpho protocol, which allows users to earn yield directly on the blockchain. The Vault is non-custodial, and Bitwise acts as a
A massive smart contract hack has been identified in the on-chain DEX aggregator SwapNet, which resulted in crypto assets to the tune of close to $16.8 million being siphoned off. Peck Shield, a security company, first reported the attack, noting the suspicious action on the platform’s SwapNet integrations, which can
The crypto project, World Liberty Financial, has ties with U.S. President Donald Trump’s family and has entered into a partnership with a satellite startup, Spacecoin, aimed at exploring the operation of decentralized finance over satellite-powered internet. The agreement focuses on a token swap, which is designed to bridge blockchain payment
