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
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
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
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
Avalanche Wants Otherside to Ditch Ethereum for a Subnet
Key Takeaways Avalanche has submitted a proposal to the ApeCoin DAO offering to help it move its Otherside Metaverse on its own custom Subnet. According to Avalanche, moving Otherside to Continue Reading
Forget Web3, Dorsey’s TBD Says. Web5 Is the Future Now
Key Takeaways Jack Dorsey’s TBD has announced that it will build a decentralized web platform on top of Bitcoin called Web5. Whereas Ethereum and Web3 have focused on tokenization, Web5 Continue Reading
Cardano Delays Vasil Hardfork Due to Pending Bug Fixes
Key Takeaways Cardano has postponed its Vasil hardfork upgrade to the last week of July. Input Output Global, the company behind Cardano, cited seven bugs as the reason for the Continue Reading
Reddit Has Started Selling NFT Avatars on Polygon
Key Takeaways Reddit is launching a series of “Collectible Avatar” NFTs on Polygon. The NFTs will have a total supply in the “tens of thousands” and have utility on the Continue Reading
Aave Wants to Launch a Rival to MakerDAO’s DAI Stablecoin
Key Takeaways Aave has put forward a governance proposal to launch a decentralized dollar-pegged stablecoin on the Aave Protocol. If accepted by the community, GHO would be available to borrowers Continue Reading
Staking Protocol Lido Expands to Ethereum Layer 2
Key Takeaways The Lido development team has announced plans to expand the protocol across various Ethereum Layer 2 scaling solutions. It will initially aim make a wrapped, non-rebasing version of Continue Reading