A new layer one blockchain network called Aptos announced the launch of its mainnet on Monday, following a slew of capital injections from a number of venture capital (VC) firms. The blockchain protocol, crafted with a Rust-centric programming language dubbed Move, is backed by VC companies such as Parafi, Andreessen Horowitz (a16z), FTX, and Multicoin…
Read more
It’s been five months since the Terra ecosystem collapsed as tens of billions of dollars in value disappeared from the crypto economy in a matter of days after May 7. Terra’s new Phoenix blockchain managed to restart the ecosystem to some degree and since the end of June, Terra’s total value locked (TVL) in decentralized…
Read more
According to a Consensys blog post published on October 11, the Ethereum-based wallet Metamask has added instant bank-to-crypto transfers via the automated clearing house (ACH) settlement merchant Sardine. Metamask Users Can Swap Fiat for Over 30 Crypto Tokens On Tuesday, the crypto firm Consensys published an announcement that explains the ETH wallet Metamask has added…
Read more
Uniswap Labs, the firm behind the Uniswap decentralized exchange protocol, announced on Thursday that it raised $165 million in a Series B funding round. According to one report, the capital raise, which sees Uniswap Labs’ valuation rise to $1.66 billion, is the largest by any crypto firm in 2022. Uniswap Completes $165M Capital Raise, Decentralized…
Read more
Thanks to NFTs, crypto wallets will soon enable users to prove their credentials without using third-party background checks. The function of crypto wallets has changed significantly over the last few years. They initially secured token holdings or served as art galleries with nonfungible tokens (NFTs). Today, they’ve become like bank accounts for many, and soon,…
Read more
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Crypto News Summary: Samsung’s ‘Private Blockchain’ Security System, Five Charged Over $2.5M NFT Theft Read more »Sign up for e-EUR – the progressive stablecoin
Tokenomics aimed at financing worthless models, rampant hacks, and a lack of real-world utility have played a role in the beleaguered crypto market’s decline. Decentralized finance (DeFi) led cryptocurrency’s rapid growth in early 2021, but the crypto market has since plummeted in value. Global markets have played a role, but so has recklessness among developers…
Read more
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Crypto News Summary: Solana-Based Mango Markets Suffers $100M Exploit, BNB Chain Executes Moran Hard Fork Read more »Sign up for e-EUR – the progressive stablecoin
The European Commission, the EU’s executive branch that proposes legislation and implements decisions, is digging deeper into decentralized finance (DeFi) – and is looking to study Ethereum (ETH) data to do so. The Commission has submitted a document per which it seeks, as it says, “A pilot project to develop, deploy and test a technological…
Read more
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Crypto News Summary: Coinbase Partners with Google Cloud for Crypto Payments, CNN Kills Vault Read more »Sign up for e-EUR – the progressive stablecoin
