Aave V3 Heads to Ethereum Layer 2, Fantom, Avalanche
Key Takeaways Aave V3 launched today. The update focuses on letting users move assets between networks while improving capital efficiency...
Technology
EIP-1559 Has Burned 2 Million Ethereum
Key Takeaways Ethereum has burned 2 million ETH via EIP-1559. The blockchain's next protocol update is "the Merge" from Proof-of-Work...
Millions Lost as Solana DeFi App cashio Suffers Hack
Key Takeaways The Solana stablecoin protocol cashio suffered an "infinite mint glitch" exploit. A hacker drained millions of dollars from...
Orbs’ dLIMIT and DCA protocols now integrated into SushiSwap
Orbs has revealed that its dLIMIT and DCA protocols have been integrated into leading multi-chain DEX, Sushi This new integration...
Polygon Unveils Supernets, $100M Grants Package
Key Takeaways Polygon has announced a new developer framework called Supernets. Supernets will help bootstrap enterprises looking to build applications...
Ethereum Service Provider Infura Suffers Another Outage
Key Takeaways Infura suffered an outage today. The issue caused major disruption across the Ethereum ecosystem. Users can either run...
Polkadot Ecosystem Goes Multi-Chain With XCM Launch
Key Takeaways Polkadot has launched XCM, a "Cross-Consensus Messaging" format allowing communication between the network's various parachains. With XCM's integration,...
MetaMask partners with Mastercard for a self-custody debit card pilot program
MetaMask and Mastercard launches a self-custody debit card pilot program in the UK and EU. The card converts crypto to...
The Terra Blockchain Has Been Halted
Key Takeaways Terra validators have halted the blockchain in response to the ongoing LUNA and UST crisis. Due to UST...
Aave Makes Web3 Social Bet With Lens Protocol Launch
Key Takeaways Aave Companies has launched its social media tech stack, Lens Protocol. Users can now mint a Lens Profile...
Ethereum Developer Says the Merge Could Ship in August
Key Takeaways Preston Van Loon has told Permissionless conference attendees that the Ethereum Merge could happen as soon as August....
GameStop Has Launched an Ethereum Wallet
Key Takeaways The world's largest video game retailer, GameStop, has launched a non-custodial Ethereum wallet. The wallet will let gamers...
Uniswap Passes $1 Trillion in Trading Volume
Key Takeaways Uniswap has surpassed $1 trillion in cumulative trading volume. Three and a half years after its launch, Uniswap...
US SEC Commissioner Supports Tokenization
US Securities and Exchange Commission’s (SEC) Mark Uyeda recently highlighted the transformative potential of tokenization in modern capital markets. Speaking...
Avalanche Wants Otherside to Ditch Ethereum for a Subnet
Key Takeaways Avalanche has submitted a proposal to the ApeCoin DAO offering to help it move its Otherside Metaverse on...
Blockchain Is in McKinsey’s 2024 Top Tech Trends List
In its latest report, “Technology Trends Outlook 2024,” McKinsey & Company includes blockchain as one of the significant technological advancements....
Why Tune.FM Is a Game Changer for Music Streaming
The traditional music industry has long been plagued by inefficiencies and unfair compensation for artists. Andrew Antar, co-founder of Tune.FM,...
Forget Web3, Dorsey’s TBD Says. Web5 Is the Future Now
Key Takeaways Jack Dorsey's TBD has announced that it will build a decentralized web platform on top of Bitcoin called...
Mark Zuckerberg Vows to Open-Source AI with Llama 3.1
Mark Zuckerberg, CEO of Meta Platforms, has announced a significant shift towards open-source artificial intelligence (AI) by releasing Llama 3.1...
Cardano Delays Vasil Hardfork Due to Pending Bug Fixes
Shutterstock covers by JLStock and Min C. Chiu (edited by Mariia Kozyr) Key Takeaways Cardano has postponed its Vasil hardfork...
Brazil to Launch AI-Powered CBDC Super App by 2025
Banco Central do Brasil, Brazil’s central bank, has announced its intention to develop a “super app” that will integrate artificial...
Interac has aquired Canadian rights to use Vouchr’s multimedia platform
The popular Canadian payment processing company, Interac, has recently acquired the exclusive Canadian rights to utilize Vouchr’s innovative multimedia platform...
