This week in DeFi saw developers behind Base and Optimism protocols join forces to create a revenue and governance sharing framework. Additionally, the $1.5 billion Multichain hack has seen some new evidence, and blockchain security provider Quantstamp has introduced a new DeFi tool to detect flash loan attack vulnerabilities in several protocols. Shiba Inu’s Ethereum […]
1inch Network has recently deployed its aggregation protocol and limit order protocol on the Base network, an initiative supported by Coinbase. This project aims to broaden its presence in decentralized finance (DeFi) and provide increased security, stability, and scalability for decentralized applications. Teaming up with Base grants access to Coinbase’s products, increasing influence and allowing […]
Coinbase has announced a new Ethereum layer-2 scaling solution called Base, which will share a portion of its revenue with its development partner, the Optimism Collective. The Optimism Collective is a group of companies, communities, and citizens working together to reward public goods and build a sustainable future for Ethereum.Base and the Optimism Collective have […]
The Hong Kong Monetary Authority (HKMA) released a report on Aug. 25 detailing the findings of its Project Evergreen study which analyzed the market impact of bond tokenization. The report concluded that tokenization provides improvement for the bond market, and Eddie Yue, the chief executive of the HKMA, said it highlighted the potential of deploying […]
Pyme is a platform revolutionizing the investment landscape in the world of cryptocurrency and Web3 companies. It focuses on empowering individuals from diverse backgrounds and democratizing finance, connecting investors with early-stage Web3 ventures. Pyme evaluates factors such as technology, team composition, market potential, and scalability to reduce risks associated with early-stage investments.Pyme also provides comprehensive […]
TOKEN2049, Asia’s premier Web3 and crypto conference, has announced an international DJ line-up for AFTER 2049, the official closing event of its upcoming Singapore edition. The event will take place on Friday, 15 September at the 57th floor of Singapore’s iconic Marina Bay Sands building.Headlined by award-winning DJ and producer Shimza, house icon Enzo Siffredi […]
Band Protocol is a cryptocurrency that is currently trading at $1.03 with a market cap of $138.3 million and a circulating supply of 133.2 million. It is currently ranked #159 on Coinmarketcap.The Band Protocol price prediction reveals that the coin is trying to cross above the 21-day moving average, which could lead to further gains. […]
Num Finance, an Argentina-based company, has launched nCOP, a stablecoin tied to the Colombian peso, aiming at the remittance market. Polygon zkEVM has also seen increased participation, with over 400,000 addresses having engaged on-chain, more than doubling since July 1st. Deposits onto the mainnet have surpassed $110 million thus far.API3, a blockchain Oracle provider, is […]
Airwallex, a Ripple collaborator, has made a groundbreaking expansion into the fintech and payments ecosystem with a partnership with YEEID. As part of the plans to continue expanding, it recently announced another partnership with American Express. YEEId has sought to enable businesses of all sizes to incorporate its payment acceptance technology. The company was co-founded […]
Meta AI has recently launched Code Llama, an artificial intelligence coding tool built on the Llama2 large language model (LLM). The tool is split into several variants, with one model fine-tuned for general coding in a number of languages, and two other models fine-tuned for Python applications and code generation respectively. The models are also […]
