As we continue our exploration of Ethereum apps to watch in 2024, we delve into a diverse range of applications that cater to various user needs. Let’s start with Daylight, the sixth app on our list. Daylight’s main product is an Application Programming Interface (API) that facilitates communication between wallets, tools, and creators. The API […]
Web3 projects are increasingly turning to equity tokens as a more secure and transparent way to raise capital. Brickken, a tokenization solution provider, is simplifying the process of issuing equity tokens, making it easier for projects to tap into the benefits of this innovative approach to fundraising.Asset tokenization, the process by which an issuer creates […]
Sehra emphasizes the importance of integrating compliance into the decentralized infrastructure. He argues that it’s not merely about incorporating Know Your Customer (KYC) and Anti-Money Laundering (AML) measures through a simple flag indicating if a user is whitelisted. Instead, the process requires a more nuanced approach.Several factors need to be considered to match the right […]
PayPal’s PYUSD stablecoin, trailing behind more established stablecoins such as USDT and USDC, is turning to DeFi to boost its liquidity. In December, PYUSD activated the Curve automated market maker and is now seeking deployment on Aave.PayPal’s entry into the stablecoin ecosystem with PYUSD generated significant buzz as it marked the first time a major […]
The competition among EVM chains to provide the best DeFi experience is intensifying. EOS Network Ventures (ENV) has recently announced a significant investment in decentralized finance with the aim of enhancing the EOS EVM chain. NoahArk Tech Group, a DeFi developer with an existing presence on the EOS EVM, has been granted $2.4M. The EOS […]
The once-prominent crypto lender, Celsius, continues to navigate its complex bankruptcy proceedings. Recent developments indicate that account holders who withdrew more than $100,000 within the 90 days leading up to the company’s bankruptcy declaration in July 2022 may be required to return a portion of those funds. This is referred to as “withdrawal preference exposure”.Eligible […]
BitPay, the world’s foremost Bitcoin and cryptocurrency payment service, has announced an improved payment experience for its crypto customers. The new features are set to be launched this week. BitPay will now support a range of new cryptocurrencies, including Uniswap (UNI), Binance Coin (BNB), Chainlink (LINK), Cronos (CRO), VERSE (VERSE), and Basic Attention Token (BAT), […]
Solana (SOL), a blockchain platform, has reported significant advancements in its developer ecosystem, demonstrating substantial growth and improved retention rates. The Solana Foundation’s recent report reveals that the platform’s developer community has made notable progress in tooling, developer experience, content quality, and programming language diversity throughout 2023.The Solana Foundation, which fosters the growth of the […]
BitPay, a leading crypto payment service provider, has expanded its support to include a wide range of cryptocurrencies. The newly added tokens include Uniswap, Chainlink, BNB, Cronos, and Basic Attention Token, among others. This move signifies a significant expansion in the company’s services.Stephen Pair, CEO of BitPay, stated that these updates and the newly supported […]
Blockchain security firm CertiK’s account on X was compromised due to an employee’s interaction with a scammer. This incident occurred just two days after CertiK published a report warning the DeFi sector about the need to decrease the correlation between the money deposited into it and the total amount lost in hacks and scams. The […]
