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China’s JD, ICBC to Launch Digital Yuan Supply Chain Financing Solution
30.8.2023
Chinese firms and commercial banks are working on new digital yuan supply chain financing solutions, with a new CBDC smart contract solution set to launch.
Per CICC (via Cnfol), the latest innovation has been developed by JD Technology, in conjunction with the Industrial and Commercial Bank...
Interlay Launches MVP of BOB, A New Bitcoin Layer 2 Bridge For Cross-Chain Token Transfers to the Bitcoin Network
30.8.2023
On August 29, the team behind decentralized Bitcoin infrastructure provider Interlay unveiled the Minimum Viable Product (MVP) of its BOB ("Build on Bitcoin") solution, a new Bitcoin layer 2 network.
As a hub for innovation and decentralized application development, BOB integrates Rust smart...
Polygon Releases 'Chain Development Kit' for ZK-Powered Networks on Ethereum
29.8.2023
The Chain Development Kit (CDK) will allow developers to build their own customizable chains, and connect to each other through a ZK-powered bridge to form a “Value Layer.”
Bitcoin's Most Loyal Holders Continue Accumulation Despite Price Lull
29.8.2023
Long-term holders continue to accumulate bitcoin, with 40% unmoved in more than three years, or an all-time high for that metric
Binance extends support to BNB Smart Chain (BEP20)
28.8.2023
Binance has announced that it will support the network upgrade and hard fork of BNB Smart Chain. The starting time stated in the announcement is August 30, 2023, 7:30 UTC. Deposits and withdrawals will be suspended 15 minutes before that, to be resumed when the network is deemed stable...
Robinhood Revealed to be Third-Largest Bitcoin Holder With $3B in BTC
28.8.2023
Robinhood transferred some 118,300 bitcoin to the wallet from several other smaller wallets over a three-month period
Shiba Inu’s Highly Anticipated Shibarium Bridge is Now 'Fully Functional'
28.8.2023
Withdrawals can take anywhere from 45 minutes to a week, depending on the token, developers said in a Monday update
Pepecoin Says 'Bad Actors' on Team Stole $15M PEPE
28.8.2023
Unprecedented transactions out of a multisig wallet spooked Pepecoin watchers last week
Magnate Finance on Base rug-pulls users of $6.5M, as predicted by on-chain sleuth
25.8.2023
Magnate Finance first deleted its Telegram channel and X account followed by taking down the website before pulling the plug on its TVL
DeFi Shrinks to Multiyear Low as the Crypto-Fueled Future of Finance Falters
23.8.2023
The decentralized finance (DeFi) market slumped to its lowest point since February 2021 in terms of total value locked (TVL) on Wednesday
Ether Staking Demand Remains Unfazed as EigenLayer 100k ETH Cap Limit Filled Within Hours
23.8.2023
Seattle-based decentralized finance (DeFi) platform EigenLayer has experienced a 207% surge in total value locked (TVL) after it raised its liquid restaking caps to 100,000 staked ether (stETH)
Balancer Depositors Pull Nearly $100M in Crypto After Vulnerability Warning
22.8.2023
Ethereum-based DeFi major Balancer learned of a "critical vulnerability" that imperils a slice of the protocol's user-deposited crypto
BNB Token Stumbles to 1-Year Low Amid Mounting Scrutiny Over Binance
22.8.2023
BNB, formerly known as Binance Coin, dropped to as low as $204, lowest since late June 2022
Defi TVL Dips Below $40B Amidst Market Turbulence and Shrinking Confidence
22.8.2023
After remaining above $40 billion for much of 2023, the total value locked in decentralized finance, or defi, fell below the threshold on August 17, reaching $37.9 billion by August 22. Additionally, from August 13, the top 100 DeFi tokens have decreased by $1.74 billion in value over nine days....
Friend.Tech Hype Sees Base Surpass Rival Layer 2 Blockchains in Average Transactions per Second
22.8.2023
Base, the layer 2 blockchain backed by Coinbase (COIN), averaged a record high of 15.88 transactions per second (TPS) over the past 24-hours, beating Ethereum and rival layer 2 blockchains Arbitrum and Optimism
Revolutionizing Crypto Trading: KyberSwap Introduces KyberAI – The Leading AI-Driven Crypto Trading Tool
22.8.2023
KyberSwap, a leading decentralized exchange has unveiled KyberAI, a suite of AI-powered crypto tools poised to reshape how traders navigate the dynamic landscape of decentralized finance. KyberAI was developed to address the pressing need for predictive insights in the crypto market, offering...
Mantle Stakes $66M of Ether on Lido as Part of Treasury Management Strategy
22.8.2023
Layer 2 network Mantle has staked 40,000 ether (ETH) on staking protocol Lido after it passed a governance vote on treasury management earlier this month
Base Network's Friend.tech App Leads in Activity, Surpassing Arbitrum and Optimism
22.8.2023
Base-based, Twitter-linked Friend.tech app has seen revenue, fees, and activity jump significantly since Friday - surpassing a number of large projects, Layers 2, and Layers 1.
Looking at the revenues at 9:20 on Tuesday morning (CET), over the past 24 hours, Friend.tech took the 3rd place with...
Coinbase Acquires Equity Stake in Circle; Companies Reshape USDC’s Future
22.8.2023
In a joint statement, Jeremy Allaire, CEO of Circle, and Brian Armstrong, CEO of Coinbase, announced the dissolution of the Centre Consortium. Consequently, Circle will take exclusive charge of the issuance and governance of USDC. Additionally, Coinbase has acquired an equity stake in Circle while...
Shiba Inu Plans Shibarium's Public Restart Days After Botched Launch
22.8.2023
Test blocks on the network are processing as normal after developers blamed the earlier stoppage on unprecedented demand