DeFi
Osmosis, the largest decentralized exchange (DEX) on Cosmos, and the lending protocol UX Chain (formerly known as Umee) have proposed a merger to become a comprehensive DeFi project. According to a proposal on December 4th, both Osmosis DEX and UX Chain announced their efforts to leverage each other's
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Early morning on December 4th, both Bitcoin and Ethereum experienced growth volatility, pushing both to new highs for 2023. Cryptocurrency price movements at 07:15 AM on December 4th, 2023. Source: Coin360 Recent days have seen upheaval in the crypto community following the resignation of former Binance CEO Changpeng Zhao
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Arbitrum DAO has agreed to allocate an additional $23.54 million to 26 projects participating in the STIP program. Arbitrum DAO decides to add 21.4 million ARB to the STIP program. Image: Newton Two-thirds of Arbitrum DAO members have passed a Temperature Check phase to increase the reward cap
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A new product named MantleLSP aims to allow users to deposit ETH into Mantle to receive mETH, optimizing capital efficiency. Mantle has launched the Liquid Staking protocol on Ethereum On the afternoon of December 4, 2023, the modular blockchain layer-2 platform Mantle, part of the Bybit ecosystem, announced the launch
DeFi
Kyber Network plans to use its project funds to compensate users affected by the mid-November KyberSwap hack. On the evening of December 1st, Kyber Network, the operator behind the DEX KyberSwap, released an update on their handling of the damages from the recent attack. The hack, which occurred two weeks
DeFi
Early on December 1st, the DeFi community discovered two transactions on the Blast platform with significant slippage, causing users to lose 10% of their funds. Specifically, the address "0xf71...68D2" deposited 500,000 USDT into Blast's contract, but after the automatic swap process in the Curve
DeFi
The Starknet Foundation, the entity supporting the development of Layer-2 Starknet, has released the latest updates regarding the upcoming airdrop rumors. Starknet Foundation Confirms Deadline for STARK Token Airdrop Recently, the Twitter community circulated a screenshot of an interface on the Starknet (STRK) website listing various criteria for qualifying for
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With expectations of continued market growth, Matrixport Research reaffirms its prediction that BTC will reach $63,140 by April 2024 and $125,000 by the year's end. Matrixport continues to predict Bitcoin will rise to $63,140 by April 2024 According to a recent report by Matrixport, the
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Chainlink's v0.2 Staking mechanism has officially launched on mainnet, increasing the liquidity pool limit to 45 million LINK tokens. Chainlink Upgrades Staking Mechanism to v0.2 with 45 Million LINK Pool Image: CoinMarketCap As announced on November 28th, the decentralized computing protocol Chainlink has introduced Staking v0.
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Blockchain Layer-1 Sei will support compatibility with the Ethereum Virtual Machine (EVM) in its upcoming V2 update. Sei Introduces V2 Compatible with EVM Virtual Machine System Sei to support EVM To facilitate the development of Ethereum-compatible smart contracts, Sei V2 will integrate Geth, a popular client software within the EVM
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Binance is set to "execute" its stablecoin BUSD in the coming days, after nearly a year under scrutiny by U.S. authorities. Binance Officially Removes BUSD Stablecoin Starting December 15. Photo: Shutterstock Binance will officially cease support for BUSD starting December 15, following the issuer Paxos being forced
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A wallet address has been consistently buying Bitcoin (BTC) for several weeks, sparking intrigue within the community. Someone Quietly Accumulated $424 Million in Bitcoin Over the Past 3 Weeks. Photo: SchiffGold According to data from Bitinfocharts, the owner of an anonymous wallet has spent $427 million to acquire 11,269
