StakeStone and Plume Network Team Up to Redefine Liquid Staking and RWAfi

With the campaign, users can deposit SBTC and STONE to earn rewards. StakeStone is an omnichain liquidity asset protocol. Plume Network is delighted to welcome StakeStone to its rapidly growing ecosystem. StakeStone is an omnichain liquidity asset protocol that revolutionizes staking and liquidity management. This collaboration is going to redefine the way users interact with … Read more

Two Ethereum developers leave EigenLayer due to conflict of interest

Ethereum researchers Justin Drake and Dankrad Feist announced that they are stepping down from their roles as advisors to the EigenLayer restaking platform. The decision comes after months of controversy and concerns about potential conflicts of interest. The revelation of the Drake link with EigenLayer, last May, generated an intense debate within the Ethereum community. … Read more

Kraken to launch its own Ethereum layer 2

The bitcoin (BTC) and cryptocurrency exchange Kraken announced this Thursday, October 24, the launch of Ink, a new layer 2 built on the Optimism Superchain, with the aim of reducing the barriers between centralized and decentralized ecosystems. As reported, Ink seeks to transform itself into an attractive DeFi ecosystem by promising to “eliminate friction points” … Read more

Uniswap will allow transactions between 9 chains

Uniswap, one of the exchanges most popular decentralized exchanges (DEX) and built on the Ethereum (ETH) network, launched today, October 23, 2024, a permissionless bridge that allows users to carry out cross-chain transactions directly from its interface and its wallet. This multi-chain bridge is available in beta versionas does Uniswap’s recently created network, Unichain. This … Read more

DeFi vs. Traditional finance: Substitutes or complements?

Trust is at the heart of both traditional finance and DeFi, says Waller. 170 billion dollars are deposited in thousands of DeFi protocols. In a scenario where technology is advancing by leaps and bounds, decentralized finance (DeFi) has emerged as a powerful and disruptive alternative to traditional finance. But are they really there to replace … Read more

DeFi is a silent giant that continues to grow and provide investment opportunities

DeFi represents the largest use for cryptocurrencies, according to a16z. There are 170 billion dollars deposited in DeFi protocols. Decentralized finance (DeFi) is far from having said its last word. Although a few years have passed since the initial “DeFi Summer” explosion, this sector continues to quietly expand, providing new investment opportunities and attracting more … Read more

Memecoins on Solana make this DEX surpass Uniswap

Raydium is, at least temporarily, the most in-demand exchange in the world. This DEX absorbs only 21% of the market share of all decentralized exchanges. Raydium, a Solana decentralized exchange (DEX), is surpassing Uniswap, considered the world’s largest DEX, in net daily spot trading volume. To be precise, said Raydium volume, on Solana alone, exceeds … Read more

You must revoke these contracts to protect your Binance wallet

Attackers exploited a vulnerability in a Radiant Capital smart contract. The affected networks were BNB Smart Chain and Arbitrum, L2 of Ethereum. Radiant Capital, a decentralized finance (DeFi) app, was attacked on October 16 by hackerswho managed to extract more than $50 million from the BNB Smart Chain (BSC) and Arbitrum (ARB) networks, Ethereum’s largest … Read more

Uniswap launches new L2 for decentralized finance

According to Uniswap Labs, transactions on Unichain will feel instantaneous. Unichain Introduces a new full node validation network. Uniswap, known for its decentralized exchange (DEX) protocol on Ethereum, unveiled Unichain, a second-layer solution designed specifically to improve operations within the decentralized finance (DeFi) ecosystem. This innovation promises to drastically reduce transaction times and costs, positioning … Read more

Trump-promoted DeFi partners with Aave

World Liberty Financial will take advantage of Aave developments for its operation. Additionally, a governance token will be sold to accredited investors on September 16. World Liberty Financial (WLF), the decentralized finance (DeFi) platform backed by US presidential candidate Donald Trump and run by his children, announced a partnership with Aave, one of the most … Read more