Author: Mehar Nayar
Frax Finance Contemplates Significant Revenue Boost with VeFXS Staking Rewards Reversal
In a strategic move, Frax Finance, the decentralized stablecoin protocol, is contemplating the reinstatement of rewards for token stakers, specifically veFXS holders, within the next fortnight. This decision, inspired by…
Crypto Bytes: Top 10 Breaking News from Cryptoverse
Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making…
Magic Square Empowers Web3 Ecosystem with TruePNL Acquisition
In a strategic move marking the evolution of the web3 ecosystem, Magic Square, the web3 app store backed by prominent investors including Binance Labs, has successfully acquired TruePNL, a renowned…
Bifrost Secures Polkadot Treasury Loan to Propel vDOT Adoption in DeFi
In a pivotal move to advance the adoption of its liquid-staked DOT variant, vDOT, Bifrost has secured a substantial 500,000 DOT loan from the Polkadot Treasury. The primary objective of…
Satoshi Nakamoto’s 2009 Prediction: Bitcoin’s Energy Debate Foreseen
In a fascinating revelation, newly disclosed emails from 2009 showcase that Satoshi Nakamoto, the enigmatic creator of Bitcoin, had foreseen the ongoing debate surrounding the cryptocurrency’s energy consumption. The messages,…
Vibrant Finance Unveils Game-Changing DeFi Exchange on Neon EVM
In a strategic move away from the Ethereum-dominated landscape, Vibrant Finance has introduced its decentralized exchange (DEX) on Neon EVM, a Solana-based platform. The deployment, as of February 23, is…
Crypto Bytes: Top 10 Breaking News from Cryptoverse
Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making…
Avalanche Network Faces Block Finalization Stall, Resolved After Six Hours
In a recent incident report, Avalanche has acknowledged a block finalization stall, temporarily preventing the acceptance of blocks on its primary network. The disruption was flagged as developers promptly initiated…
Uniswap Introduces ‘uni.eth’ Subdomains for User-Friendly Ethereum Addresses
In a move towards enhancing user accessibility and simplifying Ethereum addresses, Uniswap has launched ‘uni.eth’ subdomains, leveraging the Ethereum Name Service (ENS) infrastructure. This innovation allows users to convert intricate…
PancakeSwap’s Innovative Move: Affiliates Unleash New Opportunities for CAKE Token Holders
In a bid to expand its reach and contribute to the decentralized finance (DeFi) ecosystem, PancakeSwap, a prominent decentralized exchange, is set to introduce an affiliate model. This groundbreaking initiative…
Riot Secures $559 Million in Equity for WhatsMiner Acquisitions
In a strategic move to fortify its Bitcoin mining capabilities, Texas-based Riot has successfully raised a substantial $559 million in equity over the past four months. The funds, generated through…
Flare Secures $35 Million Investment in Layer-1 Blockchain Funding Round
Layer-1 blockchain platform Flare has successfully raised $35 million in a private funding round, with contributions from investors such as Kenetic and Aves Lair, according to an official press release….
England’s Legal Landscape: Draft Legislation Proposes Treating Crypto as Property
In a significant move, England’s Law Commission is soliciting public opinions on proposed legislation that would officially recognize cryptocurrencies as property. The commission, responsible for reviewing and suggesting legal modifications…
Apple Fortifies iMessage with PQ3: A Quantum Leap in Messaging Security
In a groundbreaking move, Apple has rolled out PQ3 for iMessage as part of the iOS 17.4 update, introducing advanced post-quantum cryptography. This places Apple at the forefront of messaging…
Euler Finance Unveils Euler v2: A Resilient Comeback with Enhanced Lending Vaults
In a determined recovery from a $200 million exploit last year, Euler Finance is set to launch Euler v2, a revamped version of its decentralized-finance (DeFi) lending protocol. This upgraded…
Crypto Bytes: Top 10 Breaking News from Cryptoverse
Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making…
Wormhole Boosts Cross-Chain Security with AMD Chips for Zero-Knowledge Proofs
In a strategic move to enhance cross-chain communication security, interoperability platform Wormhole has partnered with AMD to leverage the power of FPGA hardware accelerators. The project, connecting over 30 blockchains,…
Inco Raises $4.5 Million in Seed Funding and Unveils Testnet Launch
Inco, a modular blockchain developer specializing in confidentiality, has successfully secured $4.5 million in seed funding led by prominent crypto-focused venture firm 1kx. The fundraising, realized through a combination of…
Fuel Labs Revolutionizes Ethereum Rollups with ‘Rollup OS’ for Q3 2024 Mainnet
Fuel Labs, the driving force behind the optimistic rollup initiative Fuel V1, has unveiled its groundbreaking ‘Rollup OS,’ set for a Q3 2024 mainnet release. This strategic shift aims to…
Kelp DAO Enhances Liquidity for EigenLayer Points with KEP Token Introduction
In a significant move, Kelp DAO, a prominent liquid restaking protocol, has introduced the KEP token, signaling a crucial step towards enhancing liquidity for EigenLayer points. This development allows users…