Big Cap
The dYdX community has approved a proposal to upgrade to version v4, marking the first step for this DEX platform to move away from Ethereum and launch on its own layer-1 blockchain. dYdX approves upgrade to v4, transforms DYDX into token of dYdX Chain Proposed by Wintermute, a leading market
Big Cap
Ethereum co-founder Vitalik Buterin has unexpectedly sold 500 MKR tokens worth half a million USD after Maker announced plans to build its own blockchain based on Solana. Vitalik Buterin sells MKR following Maker controversy. Photo: Bloomberg On the evening of September 2nd, the crypto community on the social media platform
Big Cap
The U.S. Securities and Exchange Commission (SEC) recently postponed its decision on applications for Bitcoin spot ETFs from major Wall Street players. SEC Delays Approval of Bitcoin Spot ETFs - Bitcoin Volatility Surges On the first morning of September, the SEC delayed making a decision on all filings for
Big Cap
Crypto exchange platform OKX is planning to expand its market presence into India by initiating local hiring efforts. OKX Plans Market Entry into India OKX, one of the top 10 cryptocurrency exchanges by trading volume, is gearing up to enter the Indian market and is currently recruiting local talent to
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Kaiko analysts have proposed a solution to help Tether swiftly address the USDT depeg issue by considering adjustments to redemption fees and minimum conversion amounts. USDT Still Hasn't Returned to $1 Mark After 1-Month Depeg Extended Reasons for USDT Depeg According to a recent study by Kaiko, the
NFT & GameFi
Binance Pool has introduced a new feature called Ordinals Inscription, which allows users to attach data to individual satoshis, facilitating the creation of unique digital artworks stored on the Bitcoin network. Binance Pool's Ordinals Inscription Service Announced on August 31, 2023, Binance Pool’s Ordinals Inscription service enables
Big Cap
Following Grayscale's recent victory against the U.S. Securities and Exchange Commission (SEC), the approval rate for Bitcoin spot ETFs has been raised to 75%. SEC approval rate for Bitcoin spot ETFs rises to 75% In a tweet on August 30th, Bloomberg analyst Eric Balchunas stated that the
Big Cap
Layer-2 solutions are alleviating the burden on the Ethereum mainnet, as evidenced by stable gas fees despite the recent SocialFi trend sparked by friend.tech. Amid friend.tech hype, Ethereum gas fees decrease? In the past, Ethereum gas fees would spike with the introduction of new trends and heightened network
Big Cap
Offchain Labs has recently introduced Arbitrum Stylus, a toolkit supporting smart contract development with various languages such as Rust, C, and C++ on the Layer-2 Arbitrum. Offchain Labs Introduces Arbitrum Stylus to Integrate Rust Language and WASM Virtual Machine. Image: Arbitrum Specifically, the distinguishing feature of the Arbitrum Stylus toolkit
DeFi
Controversy Erupts After Starknet's Latest Update Following the Quantum Leap updates, while improving transaction processing speeds, the Starknet network has inadvertently found itself embroiled in controversies related to "locking users' assets." Incident Overview On the evening of August 30th, several Twitter accounts criticized the layer-2
DeFi
A class action lawsuit accusing Uniswap of facilitating fraudulent tokens has been dismissed by the court, with the final ruling stating that the DEX is not legally responsible for activities occurring within the protocol. Background of the Lawsuit Filed in April last year, the lawsuit, led by trader Nessa Risley
DeFi
On August 23, 2023, Pendle Finance (PENDLE) officially entered the Real World Asset (RWA) race, introducing a highly promising narrative for the near future. Both Pendle's RWA and Fixed Yield products now support sDAI from Spark Protocol and fUSDC from Flux Finance. Babe wake up, new Pendle RWA
