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Month: July 2023

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Aave V3 Heads to Ethereum Layer 2, Fantom, Avalanche

Key Takeaways Aave V3 launched today. The update focuses on letting users move assets between networks while improving capital efficiency and security. It will initially launch on Polygon, Fantom, Avalanche, Continue Reading

Posted On : July 7, 2023 Published By :
Category:
  • Technology

EIP-1559 Has Burned 2 Million Ethereum

Key Takeaways Ethereum has burned 2 million ETH via EIP-1559. The blockchain’s next protocol update is “the Merge” from Proof-of-Work to Proof-of-Stake. With the effects of EIP-1559 and reduced emissions Continue Reading

Posted On : July 7, 2023 Published By :
Category:
  • Technology

Millions Lost as Solana DeFi App cashio Suffers Hack

Key Takeaways The Solana stablecoin protocol cashio suffered an “infinite mint glitch” exploit. A hacker drained millions of dollars from the protocol and its CASH stablecoin collapsed. Crypto Briefing has Continue Reading

Posted On : July 7, 2023 Published By :
Category:
  • Technology

Polygon Unveils Supernets, $100M Grants Package

Key Takeaways Polygon has announced a new developer framework called Supernets. Supernets will help bootstrap enterprises looking to build applications on both private and public blockchain networks. The Polygon team Continue Reading

Posted On : July 7, 2023 Published By :
Category:
  • Technology

Ethereum Service Provider Infura Suffers Another Outage

Key Takeaways Infura suffered an outage today. The issue caused major disruption across the Ethereum ecosystem. Users can either run their own Ethereum node or switch nodes via MetaMask as Continue Reading

Posted On : July 7, 2023 Published By :
Category:
  • Technology

Polkadot Ecosystem Goes Multi-Chain With XCM Launch

Key Takeaways Polkadot has launched XCM, a “Cross-Consensus Messaging” format allowing communication between the network’s various parachains. With XCM’s integration, Polkadot is finally delivering on its promise of becoming a Continue Reading

Posted On : July 7, 2023 Published By :
Category:
  • Technology

The Terra Blockchain Has Been Halted

Key Takeaways Terra validators have halted the blockchain in response to the ongoing LUNA and UST crisis. Due to UST losing its peg to the dollar, LUNA has entered a Continue Reading

Posted On : July 7, 2023 Published By :
Category:
  • Technology

Aave Makes Web3 Social Bet With Lens Protocol Launch

Key Takeaways Aave Companies has launched its social media tech stack, Lens Protocol. Users can now mint a Lens Profile NFT and start interacting with more than 50 applications built Continue Reading

Posted On : July 7, 2023 Published By :
Category:
  • Technology

Ethereum Developer Says the Merge Could Ship in August 

Key Takeaways Preston Van Loon has told Permissionless conference attendees that the Ethereum Merge could happen as soon as August. Van Loon said there was a “strong desire” to have Continue Reading

Posted On : July 7, 2023 Published By :
Category:
  • Technology

Uniswap Passes $1 Trillion in Trading Volume

Key Takeaways Uniswap has surpassed $1 trillion in cumulative trading volume. Three and a half years after its launch, Uniswap is still one of the top protocols in DeFi. Impressive Continue Reading

Posted On : July 7, 2023 Published By :

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Recent Posts

  • PeerGame Launches Seamless Wallet Integration with HandCash
  • Choosing the Right Bitcoin Mining App
  • ReachX: Revolutionizing the Digital Frontier with Blockchain and AI
  • Flixy5’s Decentralized AI Data Marketplace Powers Web3 Innovation
  • Gate Q1 2025 Transparency Report: Sustained Leadership in Crypto Markets with Multiple Metrics Hitting New Highs

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