DeFi
As previously reported by Coin68, the community voting round for projects applying for funding from the Arbitrum Foundation has concluded. A budget of 50 million ARB will be awarded to 29 projects that met the quorum of 71.51 million ARB and received over 50% approval votes. List of Funded
DeFi
The Arbitrum Short-Term Incentives Program (STIP) is an initiative organized by the Arbitrum DAO to stimulate liquidity across its ecosystem. As previously reported by Coin68, a budget of 50 million ARB will be allocated to 29 projects that met the quorum of 71.51 million ARB and received more than
Big Cap
Bitcoin and the broader crypto market have seen a significant rebound as the U.S. prepares to release its Consumer Price Index (CPI) data, a key indicator of inflation for the world’s largest economy. Price Movements of Major Cryptos as of 08:45 AM on January 12, 2023. Source:
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Avalanche becomes the first blockchain to forge a partnership with Amazon’s cloud computing platform. On January 11, both parties announced that Amazon Web Services (AWS) has officially partnered with Ava Labs, the team behind Avalanche, to promote and scale blockchain technology applications across businesses, organizations, and governments. It’s
DeFi
Real USD (USDR), Backed by Real Estate, Depegs 50% Amidst Mass Withdrawals On the evening of October 11, 2023, Real USD (USDR), a stablecoin issued by TangibleDAO and backed by real estate assets, experienced a significant depeg, losing nearly 50% of its value. According to TangibleDAO's website, USDR
DeFi
Curve Finance Proposes Liquidity Pools with sDAI and stUSDT Recently, the Curve Finance community proposed creating liquidity pools pegged with two yield-bearing tokens, sDAI and stUSDT. Proposal Overview The proposal has passed the discussion and voting phases. The two tokens in question are: * stUSDT: A staking yield-bearing version issued by
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BitDAO has officially launched the testnet for its Layer 2 scaling solution, Mantle, with 37,000 developers already signed up. This testnet will allow Mantle to trial and implement new features before its anticipated mainnet launch later this year. It is now available to the community, with developers encouraged to
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Bitcoin, the king of the cryptocurrency market, has surged 66% this year, outpacing many other altcoins. Bitcoin Dominance Exceeds 51%, Approaching Two-Year High. Photo: Crypto News BTC According to Tradingview data, the Bitcoin Dominance index - which measures Bitcoin's strength relative to the total cryptocurrency market capitalization -
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The co-founder of Polygon Labs proposed this initiative and suggested ApeCoin utilize their Chain Development Kit (CDK) to build a Layer-2 solution. Polygon Labs Aims to Develop Layer-2 Solution for ApeCoin On the evening of October 10, 2023, Sandeep Nailwal, co-founder of Polygon Labs, introduced a new initiative on the
DeFi
Multiple Projects Secure Funding from Arbitrum Foundation Amidst Ongoing Voting Criteria from Arbitrum Foundation As previously reported by Coin68, the project selection process organized by Arbitrum DAO runs from October 6 to October 13 on Snapshot. On the morning of October 6, Arbitrum's official X account announced the
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Bitcoin mining stocks have experienced a notable rebound early this week as traders flocked to the stock market, betting that the Fed might soon ease its aggressive stance against inflation. Leading Bitcoin mining companies in the U.S., such as Riot Blockchain (RIOT), Hut8 (HUT), Bitfarms (BITF), and Marathon Digital
DeFi
Trader Joe's DEX Faces Trademark Lawsuit from U.S. Retail Chain Trader Joe’s The U.S. retail chain Trader Joe’s has filed a lawsuit against the decentralized exchange (DEX) Trader Joe, alleging trademark infringement due to the similarity in their names. On October 5, 2023, Trader
