DeFi
In a bid to help recover from a recent exploit, Curve Finance founder Michael Egorov has invested $1 million into Conic Finance. Curve Finance Founder Invests $1 Million in Conic to Aid Post-Exploit Recovery The team at Conic Finance announced the financial support from Michael Egorov on their Twitter account:
Big Cap
The weekly trading volume of AI tokens has hit its lowest since the beginning of the year, according to Kaiko Research. AI Token Sector Cools to Year's Lowest Levels Interest in AI tokens appears to be waning. According to Kaiko Research, trading activity in this sector is sharply
DeFi
Kannagi Finance, a liquidity aggregator on the zkSync Era platform, has reportedly executed a rug pull, absconding with $2.13 million in total value locked (TVL). Kannagi Finance on zkSync Rug Pulls Users, Steals $2.13 Million According to Wu Blockchain, Kannagi Finance has deleted its website and social media
NFT & GameFi
CyberKongz has recently unveiled its Genkai NFT collection on the Ronin Network and announced the development of a new game for this sidechain. There are also rumors suggesting that Sky Mavis is negotiating with Midway Games, the publisher of Mortal Kombat, to bring the fighting game to Ronin. Ronin Network’
Daily transactions on the Optimism layer-2 network have surpassed Arbitrum for the first time in six months, fueled by Worldcoin's influence. Thanks to Worldcoin, daily transactions on Optimism surpass Arbitrum According to data from Blockworks Research's Dune Analytics dashboard, daily transactions on the OP Mainnet (Optimism)
Big Cap
Less than a week remains until Litecoin (LTC) undergoes its halving event, reducing mining rewards by half. Litecoin (LTC) Prepares for Halving on August 3. Image: Bloomberg Litecoin's third-ever halving event is set to occur next week on August 3, 2023. Litecoin halving events occur every four years,
DeFi
Overview of the Proposal The new proposal, named "Enhanced DSR," was introduced by MakerDAO founder Rune Christensen in the forum. Here are the key points to avoid confusion and controversy: * Interest Rate Structure: The proposal does not fix the DAI interest rate at 8%. Instead, as users deposit
DeFi
After a unanimous vote in favor of the proposal to buy back PRT tokens from the market to transform into a "token-less" project, Parrot Protocol has begun the process of repurchasing PRT tokens over the next 8 weeks. Parrot Protocol to Start PRT Token Buyback Plan Next Week
Big Cap
In an interview with Decrypt, MetaMask's product manager revealed intriguing insights into the upcoming plans of the most popular crypto wallet application. MetaMask Aims to Support Multi-Blockchain, No Plans for Token Issuance During the EthCC 2023 event recently held in Paris, France, Lex Jupiter, MetaMask's product
Big Cap
Bitcoin's price remains relatively stable following the Federal Reserve's announcement of a 25 basis point interest rate hike, as anticipated. Fed Raises Interest Rates to 22-Year High – Crypto Market Unfazed? Image: Bloomberg Late on July 27 (Vietnam time), the Federal Reserve of the United States announced
Big Cap
Palau's USD-backed stablecoin will undergo a trial minting on the XRP Ledger via Ripple's CBDC platform. Palau Islands Pilot Testing Ripple-Based Stablecoin As announced on the morning of July 27, Palau—comprising 340 islands in the Pacific Ocean—has partnered with Ripple to pilot its own
Big Cap
Polygon is moving closer to replacing its current MATIC token with a new currency, POL, as it deploys the POL smart contract on the Ethereum mainnet. Polygon Deploys Smart Contract for New Token POL on Ethereum. Image: Polygon On the afternoon of October 25, Polygon Labs announced the deployment of