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
Pyramid Scheme’s Linked Allegations Against Binance In Brazil: Report
Last updated Jun 23, 2023 Binance may face new hurdles in Brazil, on behalf of the two big allegations against its alleged role in suspicious activities.Binance is a global crypto 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
Mercado Bitcoin Is A New Participant In The Brazilian CBDC Pilot
Last updated Jun 24, 2023 The Brazilian central bank invited new fintech & crypto firms for its central bank digital currency (CBDC) pilot project.The Central bank digital currency (CBDC) is Continue Reading
Polygon zkEVM Heads to Ethereum Layer 2
Key Takeaways Polygon has announced its first fully Ethereum-compatible Layer 2 network, Polygon zkEVM. Polygon zkEVM will use Zero-Knowledge Rollups to offer lower transaction fees than Ethereum mainnet. The Layer Continue Reading