July 11: Pyth, a blockchain oracle protocol, has officially launched its newest product, Express Relay, on mainnet, according to the team: “The launch introduces a novel decentralized solution to the long-standing problem of MEV in processing liquidations and market-efficiency enhancing transactions in DeFi – once thought to be an inevitable …
July 9: Privado ID, formerly Polygon ID, is launching its first product since spinning out of Polygon – a “web wallet designed to set new standards for privacy while reducing user interactions by over 50%.” According to the team: “The new wallet eliminates repetitive KYC processes across platforms. Instead of …
June 27: Immunefi, an on-chain crowd-sourced security platform, released its “Crypto Losses in Q2 2024 report,” showing a loss of $572 million to hacks and rug pulls in Q2 2024, a 112% increase compared to the same period in 2023. According to the team: “This brings the total losses to …
June 25: The Solana Foundation announced the launch of Solana Actions and blockchain links (“Blinks”) to its suite of developer tools. According to the team: “These tools offer way to integrate blockchain transactions into any platform, creating a seamless and intuitive Web3 experience for users. Multiple Solana ecosystem projects will …
The world’s number one and two leading cryptocurrencies by market capitalization, daily transaction volume, and crypto exchange volume have almost perfectly tied for ROI from Jan. 1 through the middle of June. For comparison, the S&P 500 Index notched up nearly 15% over that same period. But that’s more than …
June 11: Biconomy, a Web3 infrastructure company, launched a new “Delegated Authorization Network,” or DAN, “enabling the safe delegation of on-chain activities to AI agents,” according to the team. A press release added: “Biconomy DAN operates by granting AI projects approved access to user’s ‘Delegated Auth’ keys stored on an …
May 24: The newest product from liquid restaking startup Ether.fi could finally help “paper rich” crypto degens turn their blockchain investments into spending money. Ether.fi Cash will be a mobile wallet and Visa credit card that borrows USDC, the popular USD-pegged stablecoin, against one’s decentralized finance (DeFi) investments and can …
Markets got a big spike in Ethereum price this week on crypto exchanges. What’s behind it and what factors can investors take into consideration to determine whether Ether or its friend Cardano is the better buy? Ethereum has a birthday coming up on July 30. It was launched in 2015 …
For years, the Securities and Exchange Commission has been cracking down on the crypto sector writ large, but in the last few months, the agency appears to have trained its sights on ethereum, in particular. Some of the biggest names in decentralized finance are now fighting back. In a 40-page …
May 17: Oobit, a mobile payment app, has “collaborated with TON Foundation to integrate its native cryptocurrency, TON (Toncoin), into its platform, advancing the usage of cryptocurrency as a means of payment,” according to the team: “Toncoin holders will be able to Tap & Pay at over 100 million retailers …