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Paradex - Exploring Opportunities with Starknet's First Appchain

Coin68 TV

Paradex - Exploring Opportunities with Starknet's First Appchain

Paradex is an Ethereum Layer 2 network built on ZK Rollup technology, integrated with the Starknet Stack toolkit, aimed at developing itself into a decentralized derivatives trading platform, offering users novel experiences. Paradex aims to become a platform where degenerate traders can enjoy experiences comparable to centralized exchanges (CEXs), with

By Web3 Station 12 Jul 2024
Lido Finance Integrates SSV Network into Simple DVT Model on Mainnet

DeFi

Lido Finance Integrates SSV Network into Simple DVT Model on Mainnet

Following a lengthy period of voting and testing, Lido Finance has integrated SSV Network's solution into its Simple DVT program on the Ethereum mainnet. Lido Finance Integrates SSV Network into Simple DVT Model on Mainnet The news was also shared by SSV Network on their official X account

By Web3 Station 11 Jul 2024
Compound CEO Resigns, Starts New Crypto Project

DeFi

Compound CEO Resigns, Starts New Crypto Project

Jayson Hobby, CEO of Compound, announced his resignation after five years to develop his own project in the crypto sector. Compound CEO Resigns, Starts New Crypto Project In an announcement posted on the evening of July 11, Jayson Hobby, CEO of Compound, unexpectedly announced his resignation to focus on building

By Web3 Station 11 Jul 2024
Rage Trade DEX to Launch Token on Hyperliquid in August

DeFi

Rage Trade DEX to Launch Token on Hyperliquid in August

Rage Trade (RAGE) will be among the first projects to issue tokens on the new Hyperliquid blockchain. Rage Trade DEX to Launch Token on Hyperliquid in August On July 11, the DEX Aggregator platform Rage Trade announced its plan to launch tokens at the beginning of August. Rage Trade allows

By Web3 Station 11 Jul 2024
ETH Staking Approaches ATH as Ethereum ETF Approval Date Nears

Big Cap

ETH Staking Approaches ATH as Ethereum ETF Approval Date Nears

Traders on Polymarket are confident with a 90% probability that the Ethereum ETF spot will be approved in the US before July 26. ETH Staking Approaches ATH as Ethereum ETF Approval Date Nears As the official approval date for the Ethereum spot ETF approaches, the amount of Ether (ETH) being

By Web3 Station 10 Jul 2024
ETH Staking Approaches ATH as Ethereum ETF Approval Date Nears

Big Cap

ETH Staking Approaches ATH as Ethereum ETF Approval Date Nears

Traders on Polymarket are confident with a 90% probability that the Ethereum ETF spot will be approved in the US before July 26. ETH Staking Approaches ATH as Ethereum ETF Approval Date Nears As the official approval date for the Ethereum spot ETF approaches, the amount of Ether (ETH) being

By Web3 Station 10 Jul 2024
MakerDAO Implements LitePSM to Mitigate Custodial Risks for USDC Portfolio

DeFi

MakerDAO Implements LitePSM to Mitigate Custodial Risks for USDC Portfolio

On the evening of July 8, MakerDAO officially approved the LitePSM proposal, aimed at minimizing custodial risks associated with the USDC backing its DAI stablecoin. MakerDAO Implements LitePSM to Mitigate Custodial Risks for USDC Portfolio Following the approval on July 8, and adhering to the 30-hour delay period, MakerDAO will

By Web3 Station 09 Jul 2024
Circle Launches First MiCA-Compliant Stablecoin on Base

Big Cap

Circle Launches First MiCA-Compliant Stablecoin on Base

According to an announcement on July 9th, EURC on Base will be the first stablecoin compliant with the MiCA law within the network. Circle Launches First MiCA-Compliant Stablecoin on Base. Image: Crypto News The stablecoin issuer Circle has launched EURC, a euro-backed stablecoin, on the Layer-2 platform Base. 1/ 🥁 ... $EURC

By Web3 Station 09 Jul 2024
Optimism Deploys Fjord Upgrade on Mainnet

Big Cap

Optimism Deploys Fjord Upgrade on Mainnet

On the evening of July 10th, Optimism officially deployed the Fjord upgrade on its mainnet with several notable changes. Optimism Deploys Fjord Upgrade on Mainnet This latest upgrade on the OP Mainnet includes a significant change known as RIP-7212. Additionally, networks within the Superchain system will benefit from these new

By Web3 Station 09 Jul 2024
TON Blockchain to Launch Layer-2 in Collaboration with Polygon

Big Cap

TON Blockchain to Launch Layer-2 in Collaboration with Polygon

According to CoinDesk, the team behind The Open Network (TON), famously associated with Telegram messaging apps, has confirmed a partnership with Polygon Labs to introduce its own Layer-2 network. This announcement was made at the Ethereum Community Conference (EthCC) in Brussels, Belgium today. The new Layer-2 is named TON Applications

By Web3 Station 08 Jul 2024
Wormhole Supports Cross-Chain Transfer Solution for Native USDT

DeFi

Wormhole Supports Cross-Chain Transfer Solution for Native USDT

Wormhole has recently announced support for cross-chain transfer mechanisms for the native version of USDT. Wormhole Supports Cross-Chain Transfer Solution for Native USDT The native version of USDT will now be supported for transfer between Ethereum and other popular EVM networks. This solution, supported by Wormhole, is in collaboration with

By Web3 Station 07 Jul 2024
Vitalik Buterin Continues to Advocate for Shortening Block Confirmation Time at EthCC Conference

Big Cap

Vitalik Buterin Continues to Advocate for Shortening Block Confirmation Time at EthCC Conference

At the EthCC conference held in Belgium, Ethereum co-founder Vitalik Buterin reiterated the importance of reducing block confirmation times on this blockchain. During a panel discussion on Pre-Confirmations (or "Soft Confirmations"), Vitalik Buterin highlighted the benefits of faster Slot verification (an equivalent concept to Blocks) on Ethereum. Specifically,

By Web3 Station 07 Jul 2024
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