DeFi
The upcoming Pectra upgrade is set to be a significant milestone for the Ethereum ecosystem, featuring numerous core changes. However, today we will focus on one particular update that may "somewhat" impact third-party Data Availability (DA) solutions. This update is PeerDAS, so let's dive in! What
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Ripple, the largest developer and owner of XRP tokens, has sold 150 million XRP from its reserve fund in early June, on June 7, 2024. Ripple Sells $78 Million Worth of XRP from June Reserve Fund Ripple, the largest developer and owner of XRP tokens, has sold 150 million XRP
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Telegram has introduced a new native currency called "Telegram Stars," designed for purchasing goods and services across Telegram's mini-apps. Source: Pavel Durov Users can acquire Stars directly on Telegram or through Apple and Google's app stores. Telegram CEO Pavel Durov announced that soon developers
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TVL on Base's layer-2 surpasses $2 billion, marking a 20% increase in just one month. Base Overtakes OP Mainnet to Become Largest Superchain. Photo: base.org Base, a solution spearheaded by Coinbase, has officially entered the top 7 blockchains with the largest TVL (Total Value Locked) today. According
DeFi
Following a successful vote, USDe (a stablecoin developed by Ethena) has officially become a supported collateral asset on the Aave lending platform. USDe Officially Supported as Collateral on Aave USDe Officially Supported as Collateral on Aave USDe Officially Supported as Collateral on Aave This integration results from a prior proposal
DeFi
Cross-chain infrastructure solution Wormhole has announced the launch of a staking feature for its W token, aimed at enhancing governance processes. Wormhole Introduces Staking Feature to Support Governance The announcement was made on Wormhole's official X account on June 6. Wormhole stated that users can now participate in
DeFi
Following the Ethereum Core Devs (ECD) meeting on the morning of June 7th, the Ethereum development team officially integrated the PeerDAS feature into the Pectra upgrade. Ethereum Integrates PeerDAS Solution into Pectra Upgrade The main topics of this morning's ECD meeting centered around the integration of Object-Oriented Format
DeFi
Paxos International has introduced Lift Dollar (USDL), an interest-bearing stablecoin, initially launched in the Argentine market. The developers have announced that USDL is a "risk-free" stablecoin with a return rate of up to 5% for holders. Paxos Launches Interest-Bearing Stablecoin Lift Dollar (USDL) Paxos International, a leading provider
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Over $887 million flowed into U.S.-based Bitcoin Spot ETF products during yesterday's trading session. The U.S. Bitcoin Spot ETF saw enthusiastic reception on June 4th, marking its highest inflow in the past two months and its second highest since inception. $BTC ETFs +$887.1m net
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After the launch of PayPal USD stablecoin, Solana is emerging as a leading blockchain for payment giants. Speculation about a Solana ETF has surged, driven by endorsements from major payment entities. Solana, the fourth-largest blockchain by Total Value Locked (TVL), is actively forging relationships with traditional financial institutions to enhance
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BNB has surged over 11% in the past 24 hours, catapulting past $700 and setting a new all-time high (ATH) record at $716. The previous peak for BNB, the native coin of the BNB Chain ecosystem, was $690 in May 2021. In terms of trading volume, approximately $3.3 billion
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According to analysts at K33 Research, based on the $14 billion capital inflow into Bitcoin spot ETFs since their trading debut in January 2024, applying a similar ratio suggests these Ethereum spot ETFs could attract between $3.1 billion to $4.8 billion USD within their initial 5 months. The
