PayPal Invests in Stable to Boost PYUSD Utility & Reach
September 23, 20258 min
Following PayPal Ventures' strategic investment, Stable brings permissionless use of PayPal USD onto its blockchain
1inch Launches Native Solana-EVM Cross-Chain Swaps
August 20, 20255 min
1inch now enables trustless, MEV-protected cross-chain swaps between Solana and 12+ EVM networks without relying on bridges and unsafe messaging protocols. Users and developers can access new swaps via the 1inch dApp, Wallet, and Fusion+ API for seamless DeFi interoperability.
Kraken Launches New Onchain Staking Product for US Clients
January 31, 20255 min
Clients in select US states can stake via Kraken and contribute to the security of supported ecosystems
Reown Raises $13 Million to Build the Onchain UX Platform
January 21, 20257 min
Reown (formerly known as WalletConnect) today announced it has closed a $13 million Series B funding round. Best known as the builders of the WalletConnect Network, Reown is leading the charge in improving onchain UX. The round was led by USV and 1kx and also included Global Digital Asset Holdings (a joint venture investment vehicle established by SC Ventures and SBI Holdings), Shopify Ventures, Kraken Ventures, Crypto.com Capital, Figment, Kiln, Everstake, BitGo Ventures, and Fenbushi....
Binance Labs Invests in Astherus to Boost DeFi Asset Yields
November 29, 20246 min
Binance Labs has invested in Astherus, a multi-asset liquidity hub dedicated to maximizing the real yield of crypto assets. By enhancing the utility of digital assets, Astherus empowers decentralized finance (DeFi) users with diverse opportunities to achieve sustainable profits and maximize returns. Astherus seeks to address inefficiencies in DeFi by focusing on maximizing the real yield of assets, offering sustainable and tangible returns while enhancing the utility and liquidity of digital assets within the ecosystem....
Cytonic Secures $8.3 Mn Seed Funding to Solve Blockchain Compatibility
November 7, 20246 min
Cytonic, the world’s first multi-virtual-machine blockchain, announced it has raised $8.3 million in a seed funding round co-led by Lattice and Lemniscap, with participation from IOBC, Nomura, Lyrik, Public Works, Arthur Hayes and other notable investors. Developed by MultiVM Labs, Cytonic is a decentralized execution layer that tackles one of the blockchain industry’s most pressing challenges: compatibility. As fragmentation across multiple chains continues to grow, developers and users face increasing barriers that limit the full potential of blockchain...
Following community discussions and voting, the Aave DAO has launched GHO on the Arbitrum network – the DAO’s first new market in its phased GHO cross-chain expansion strategy. GHO, the multi-collateralized stablecoin native to the Aave Protocol, will utilize the industry standard Chainlink Cross-Chain Interoperability Protocol (CCIP) and rollout progressively, beginning with Arbitrum as the first network and expanding over time to other networks. The expanded availability of GHO beyond Ethereum mainnet aims to increase accessibility, lower transaction costs, enhance the user experience, and...
Fuel, the operating system purpose-built for Ethereum rollups, today announced its strategic partnership with Immunefi, the leading crowdsourced security platform for web3 protecting over $60 billion in assets. The alliance will launch the largest-ever Attackathon, featuring a rewards pool totaling $1.3 million. This comprises a $1 million prize for the Attackathon and a dedicated $300,000 program for the top 4 ecosystem decentralized applications (dApps). Attackathon is a curated crowdsourced security audit conducted by elite security researchers...
Introducing Golden Inu Token: The Future of Decentralized Finance
April 22, 20244 min
Golden Inu Token ($GOLDEN) bridges Binance Smart Chain & Ethereum, prioritizing decentralization & community empowerment in DeFi.
The leading global cryptocurrency exchange BingX has announced it will list Wormhole token (W), the governance token of Wormhole Protocol, on its spot trading platform. Wormhole Protocol is a decentralized, cross-chain protocol designed to facilitate the seamless transfer of assets across different blockchains. Currently bridging over 30 different blockchains and hosting over 200 applications, Wormhole has become a vital infrastructure for thousands of developers engaged in cross-chain operations. Notably, it has processed over a billion multi-chain messages for platforms like...