Key Takeaways The Lido development team has announced plans to expand the protocol across various Ethereum Layer 2 scaling solutions. It will initially aim make a wrapped, non-rebasing version of stETH available…
Category: Blockchain
Aave Wants to Launch a Rival to MakerDAO’s DAI Stablecoin
Key Takeaways Aave has put forward a governance proposal to launch a decentralized dollar-pegged stablecoin on the Aave Protocol. If accepted by the community, GHO would be available to borrowers who provide…
Reddit Has Started Selling NFT Avatars on Polygon
Key Takeaways Reddit is launching a series of “Collectible Avatar” NFTs on Polygon. The NFTs will have a total supply in the “tens of thousands” and have utility on the Reddit site….
Cardano Delays Vasil Hardfork Due to Pending Bug Fixes
Key Takeaways Cardano has postponed its Vasil hardfork upgrade to the last week of July. Input Output Global, the company behind Cardano, cited seven bugs as the reason for the delay. The…
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 Web5. Whereas Ethereum and Web3 have focused on tokenization, Web5 will largely…
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 its own custom Subnet. According to Avalanche, moving Otherside to an Avalanche…
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 is still one of the top protocols in DeFi. Impressive volume and…
GameStop Has Launched an Ethereum Wallet
The worlds largest video game retailer, GameStop, has launched a non-custodial wallet supporting NFTs and other Ethereum-based assets. GameStop Launches Crypto and NFT Wallet GameStop has launched an Ethereum wallet….
Make your trading accessible, fun and worthwhile with Prometheus ai trading bot
Cryptocurrencies are known for their extreme volatility. Unlike traditional markets, crypto exchanges operate round-the-clock, and prices fluctuate wildly within minutes. Crypto traders might find it difficult to respond to such rapid price…
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. Van Loon said there was a “strong desire” to have the Merge…