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
DeFi
Aerodrome DEX Boosts Layer-2 Base TVL by 60% in One Day The liquidity reward program on Aerodrome has attracted $160 million in liquidity to the layer-2 Base network. According to data from DefiLlama, the total value locked (TVL) on the Base layer-2 network has surged by over 60% in the
DeFi
Decentralized exchange (DEX) PancakeSwap has launched a new product branch on the Base network, a Layer-2 solution supported by Coinbase. The PancakeSwap team announced that the decision to expand to Base was made to take advantage of the network's low transaction fees, providing users with a more convenient
Big Cap
Bitcoin and major cryptocurrencies have seen significant gains over the past 12 hours, following Grayscale's legal victory against the SEC. Cryptocurrency market fluctuations as of 07:58 AM on August 30, 2023. Source: Coin360 Similar to Ripple's legal advantage in its lawsuit with the SEC, which
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Britannia Bank & Trust becomes the third bank in the Bahamas to partner with Tether, following Deltec and Capital Union. Tether collaborates with Britannia Bank to process USD transfers The world's largest stablecoin issuer, Tether, has added Britannia Bank & Trust to handle USD transfers on its platform.
NFT & GameFi
NFT marketplace BlueMove has announced that users should delist their NFTs from the Sei layer-1 blockchain to avoid potential losses. BlueMove Exits Sei Due to Disappointing Trading Volume According to a post on X, BlueMove will cease operations on the Sei blockchain as of 11:00 AM on August 31
Coin68 TV
Polygon Labs has unveiled a new toolkit named Chain Development Kit (CDK), enabling developers to build Layer-2 solutions on Ethereum with Zero-Knowledge Proof mechanisms. Polygon Labs Introduces Layer-2 Chain Development Kit (CDK) The CDK represents an enhanced version of Supernet, a previous chain development toolkit by Polygon. This toolkit facilitates
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Bitcoin is surging strongly following news that Grayscale has achieved a legal victory against the SEC regarding the proposal to convert GBTC to a Bitcoin ETF. Grayscale Successfully Appeals SEC Bitcoin ETF Proposal, BTC Approaches $27,000 SEC Ordered to Reconsider Grayscale's Bitcoin ETF Proposal According to a
DeFi
Velodrome Officially Launches Aerodrome DEX on Layer-2 Base Velodrome, a Leading AMM-DEX on OP Mainnet, Expands to Base Introduction to Aerodrome Velodrome Finance (VELO), the largest AMM-DEX on OP Mainnet in terms of total value locked (TVL) and revenue, has officially launched a new decentralized exchange (DEX) named Aerodrome on
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The latest financial report reveals that the adult content platform OnlyFans invested nearly $20 million USD in Ethereum (ETH) in 2022, despite current losses. OnlyFans Holds Significant Ethereum (ETH) Holdings OnlyFans Invests in Ethereum (ETH) Alongside MicroStrategy, SpaceX, and Tesla, Fenix International - the parent company of the adult social
Big Cap
The wallet address associated with the 1inch team has just swapped approximately $10.7 million in stablecoins to purchase over 6,000 ETH. Previously, this wallet famously sold ETH at its peak, recording substantial profits. Discovery: 1inch Project Team Revealed as ETH Trading "Experts". Image Source: Cointelegraph On