Polkadot’s treasury has $245M with 2 years of runway
The blockchain’s revenue declined over the first half of 2024, and its head ambassador has called for its token’s inflation rate to be lowered. Go to Source
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Curve Finance adopts crvUSD for fee distribution
Curve Finance shifts from 3crv to crvUSD for fee distribution, enhancing the stablecoin’s utility and ecosystem integration. Go to Source
Chainlink Data Streams Activate on Avalanche Blockchain With GMX Integration
Chainlink, a decentralized computing and oracle protocol, Avalanche, known for its layer one (L1) blockchain technology, and GMX, a notable decentralized exchange, have launched Chainlink Data Streams on the Avalanche blockchain. Chainlink, Avalanche, GMX Launch Data Streams on Avalanche Blockchain In communications shared with Bitcoin.com News by the three teams, the announcement notes that Chainlink … Read more
Hong Kong targets DeFi, metaverse for fintech expansion
Despite challenges in the current DeFi and metaverse landscape, the reports highlight potential growth and innovation in these emerging sectors. Go to Source
How DePIN is poised to disrupt the cloud computing industry: Report
Cointelegraph Research uncovers how DePIN networks and SwanChain’s ecosystem are changing the cloud computing industry. Go to Source
Pyth ploys DeFi lending overhaul with Morpho, Gauntlet partnership
Pyth Network teams up with Morpho and Gauntlet to enhance lending protocols on Ethereum and Base using low-latency price data. Go to Source
Coinmetrics Report Explores the Risks of High FDVs in Crypto Markets
A new report by Coinmetrics, along with researchers Victor Ramirez, Matías Andrade, and Tanay Ved, delves into the complexities of crypto tokenomics. The report explores the intricate balance of token distribution, valuation, and market impact. Understanding FDV and Token Float: Key Insights From Coinmetrics In recent years, the launch Fully Diluted Valuations (FDVs) of crypto … Read more
Dydx Chain Launches New Software Version, Adds Slinky Oracle for Real-Time Price Updates
The decentralized finance (defi) protocol, Dydx, has officially launched version 5.0.0 of its blockchain software, introducing innovative trading features aimed at enhancing market dynamics and user control. This update, approved by the Dydx community, includes the implementation of isolated markets and margins, designed to refine risk management and collateral usage. Dydx Chain Launches Upgrade According … Read more
Holograph Compromised: HLG Value Plummets as Hacker Illegally Mints 1 Billion Tokens
On June 13, an unidentified hacker minted one billion HLG tokens by exploiting vulnerabilities in the Holograph operator smart contract. The Holograph team has patched the initial exploit and is collaborating with exchange partners to freeze the affected accounts. A decentralized finance researcher suspects a rogue developer orchestrated the attack. Holograph Contemplates Engaging Law Enforcement … Read more
Space and Time Unveils Sub-Second ZK Prover, Now Open-Sourced
With goals set on advancing blockchain and artificial intelligence (AI) integration, Space and Time has publicly released its high-speed zero-knowledge prover, Proof of SQL, under an open software license. The team says the release marks a notable shift towards more efficient data verification processes in blockchain applications. Blockchain Verification Enters New Speed Era with Space … Read more