DeFi
MakerDAO believes that utilizing DAI to support USDe and sUSDe will open up more DeFi opportunities for users. According to a proposal posted on April 1st, the MakerDAO community is considering allocating an additional 600 million USD in stablecoin DAI to the liquidity pool of Ethena’s stablecoin USDe and
DeFi
In anticipation of the ENA governance token release, Ethena has unveiled the reward criteria for Season 2, dubbed the Sats Campaign. Ethena, known for its innovative Delta-Hedging strategy, has captured significant attention since its inception. Today, April 2, marks the airdrop of 750 million ENA tokens and their listing on
DeFi
Lido's Share of Staked ETH Drops Below 30% The proportion of ETH staked through Lido Finance has fallen below the 30% threshold at the beginning of this week. According to the latest on-chain data from Hildobby, the staking share through Lido has decreased to 29.5%. The last
Big Cap
Telegram, a popular messaging app within the crypto community, has officially introduced a revenue-sharing model where channel owners receive 50% of advertising revenue, while also implementing payments via TON. Telegram allows users to pay for ads with TON, sharing half of the revenue with channel owners In early April 2024,
Big Cap
Tether, the company behind the USDT stablecoin, has acquired an additional 8,888 Bitcoin (BTC), valued at $627 million, in Q1 2024. Tether accumulates Bitcoin from January 11 to April 1, 2024. Source: CoinStats This recent transaction has boosted Tether's Bitcoin reserve to 75,354 BTC, approximately $5.
DeFi
With the rapid development of Layer-2 solutions, it can be confusing to categorize and rank these networks in your portfolio. Today, we'll explore the concept of Stages, a reference scale introduced by Vitalik Buterin in a blog post in November 2022, to better understand the development phases of
Big Cap
In April 2024, over 36 projects are scheduled to unlock tokens with a total value nearing $1.7 billion USD, involving prominent names like dYdX, Aptos, Starknet, Arbitrum, and Optimism. Notable Token Unlocks in April 2024 Compiled data from Token Unlocks indicates that the cryptocurrency sector will witness token unlocks
NFT & GameFi
Mocaverse, an NFT project by Web3 and GameFi giant Animoca Brands, officially announced details regarding their MOCA token Public Sale along with the token allocation schedule. MOCA Foundation, established by Animoca Brands and NFT Mocaverse, disclosed information about their upcoming Public Sale event for the MOCA token. Kicking off the
Big Cap
Ethereum co-founder Vitalik Buterin aims to tackle scalability head-on, positioning the blockchain as a foundational layer for projects to build upon. Vitalik Buterin Outlines Ethereum Scaling Extensions Post-Dencun Upgrade Late on March 28, Ethereum co-founder Vitalik Buterin published a blog post outlining his vision for what lies ahead for the
DeFi
In a move to reduce its reliance on its native UNI token amid plans to activate a fee-sharing feature for users, Uniswap, the largest DEX on Ethereum, is looking to diversify its treasury. Uniswap’s treasury was established when the DEX launched its UNI token in September 2020, with 43%
Big Cap
The price surge of MNT has propelled the blockchain platform Mantle to an impressive market capitalization exceeding $4 billion. Mantle Launches Staking Program, MNT Price Hits New ATH Mantle, a Layer-2 solution on Ethereum, stands out as one of the leading projects in the market. The token price of MNT
Big Cap
Data from Dune Analytics shows that blobs, the new data storage mechanism from the Dencun upgrade, are being utilized to create Inscriptions at record speeds. Ethereum's Blobs Used to Create Inscriptions Similar to Bitcoin According to on-chain analyst Hildobby on Dune Analytics, the Ethereum network has witnessed 6,
