Bookmarking Crypto Insights
Auto Added by WPeMatico
Solana Mobile, Solana Labs’ smartphone subsidiary, processed over $20 million in payments in alliance with Shopify and USDC, the second-largest dollar-pegged stablecoin. Anatoly Yakovenko, a co-founder of Solana Labs, explained that 51% of Chapter 2’s payments were completed using USDC, with no payment processing fees associated. Solana Mobile Processed Over $20 Million in USDC Payments … Read more
Sushi, the multi-chain decentralized exchange (dex), plans to launch a new high-speed derivatives exchange called Susa using Layer N’s scaling technology, Sushi revealed on Tuesday. The partnership aims to rival centralized exchanges by processing over 100,000 transactions per second with milliseconds of latency. Susa’s Debut on Layer N Promises New Era for Dex Platforms Sushi … Read more
On Tuesday, the crypto platform Umoja unveiled its beta version of hedging-as-a-service, designed to shield users from crypto losses. Umoja’s mission is to enhance the safety and accessibility of crypto investments, opening up hedging opportunities in a market valued at $500 trillion. Umoja Debuts Beta Hedging Platform The crypto platform Umoja has announced the beta … Read more
Ledger has since attributed the exploit to a phishing attack on a former employee. Go to Source
The DeFi lending and borrowing protocol has confirmed it was affected by a malfunctioning Binance price oracle but confirmed user funds were safe. Go to Source
Composability in DeFi refers to the ability of various protocols and smart contracts to seamlessly connect and interact, akin to building blocks. Go to Source
Increased activity in Solana’s NFT markets and decentralized applications are pushing SOL price back toward year-to-date highs. Go to Source
Ether price struggles amid regulatory concerns and a drop in DApp usage. Go to Source
The Australian Tax Office’s new rules on DeFi are unclear on whether capital gains taxes apply to liquid staking and transferring to layer 2 bridges. Go to Source
The DEX aggregator has been exploited across multiple blockchains with millions in wrapped Ether and other assets stolen. Go to Source