Binance-backed pSTAKE Finance launches Bitcoin liquid staking solution
pSTAKE is among the most recent protocols making Bitcoin a yield-generating asset with more capital efficiency. Go to Source
Decentralization
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DeFi may struggle to stay decentralized after new EU law
DeFi’s exemption from MiCA regulation may fade as an update targets protocols with centralized components. The sector could split between hybrid and DeFi models. Go to Source
MakerDAO and Aave’s DeFi conflict reopens over DAI’s perceived risk growth
Aave has reduced its loan-to-value requirements for DAI after MakerDAO’s stablecoin gained indirect exposure to Ethena’s USDe. Go to Source
Bitcoin’s ‘Existential’ Challenge: Core Developer Warns of a New Era of Internal Struggles
Bitcoin faces a pivotal period that echoes the past block size wars, according to Bitcoin Core contributor Matt Corallo. In a recent blog post, Corallo examines the ongoing struggles within the Bitcoin community that could determine the future of the pioneering cryptocurrency. From Freedom to Fragmentation In his latest blog post, Matt Corallo outlines the … Read more
Erik Voorhees Unveils New AI Platform Promising Privacy and Unfiltered Free Speech
Erik Voorhees, founder of Shapeshift, has announced the debut of Venice, an artificial intelligence (AI) application that promises enhanced privacy and unrestricted free speech. Unlike mainstream AI services, Venice is designed to operate without the “Orwellian” oversight typical of centralized platforms, offering a truly private and uncensored user experience. New AI on the Block: Venice … Read more
Sui Network clears up misunderstandings on token supply
According to Sui Network feedback, the Sui Foundation manages the main wallet with locked tokens released strategically to enhance the ecosystem. Go to Source
LayerZero tackles sybil activity with self-reporting mechanism
LayerZero Labs will enforce consequences for those who don’t self-report by May 17, 2024. Go to Source
Biggest Friend.tech whale dumps tokens as users struggle to claim airdrop
The largest Friend.tech whale has sold all his holdings, causing the new token to fall over 50% in value while other users are still unable to claim the airdrop. Go to Source
FanSociety creator explains how NFTs can bring musicians and fans together
Fans want to journey alongside their favorite musicians as they explore their creativity and expand their catalog. FanSociety hopes to be the Web3 platform that makes this possible. Go to Source
EigenLayer sees over 12,000 queued withdrawals. How far will TVL fall?
Mass withdrawals started on April 29, after EigenLayer’s decision to ban U.S. and Canada-based participants from its upcoming airdrop. Go to Source