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Odsy Foundation, a Zug, Switzerland-based organization working to promote the network's adoption, said its goal is to "decentralize access control in Web3," to mitigate the requirement for users to have multiple wallets to access different networks and applications, thereby removing an obstacle to wider adoption. Source
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Uniswap v2 has nearly $1.2 billion total value locked and has averaged roughly $367 million in daily volume on Ethereum during the past week, DefiLlama data shows. Meanwhile, Uniswap v3, which is deployed on SushiSwap, Curve, Balance and PancakeSwap, among other networks, has roughly $2.9 billion total value locked. Source
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Worldcoin, the project supported by Openai CEO Sam Altman, has launched the World App to complement the release of World ID. The application aims to democratize decentralized identities and finance by utilizing World ID to enable users to sign into different websites, crypto applications, and share personal data in a
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Immutable Checkout boasts a one-stop-shop payment solution for digital products like in-game items and NFTs. Immutable has introduced a new payment solution for decentralized games and the Web3 marketplace. Reports state that the blockchain gaming firm’s new scheme promises to make payments more seamless and straightforward. The consensus is that the solution,
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The version (v)3 concentrated liquidity pools will become available on popular chains, including Ethereum, Arbitrum and Polygon, BSC and Avalanche. The launch aims to expose liquidity providers to larger trading volumes and liquidity while reducing exposure to financial risks. The pools are designed to offer greater flexibility to traders, SushiSwap
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The tool offers more efficient incentives than competitors like Curve Finance’s rewards and can help pegged assets such as stablecoins, liquid staking derivatives keep their prices more stable, the protocol said. Source
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On a panel discussing how to protect your identity, the consensus was that SBTs were absolutely the wrong path. Source
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Prior to the launch of the FWS, the protocol launched its Filecoin Virtual Machine Compatibility which supports smart contracts. Blockchain-based storage network, Filecoin Network has announced the launch of its proprietary Filecoin Web Service (FWS) a cloud-based decentralized alternative to tech giants like the Amazon Web Service (AWS), and Microsoft Azure
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According to a new report published by Singaporean venture capital firm Foresight Ventures, the cost of decentralized file storage on blockchains such as Filecoin, Arweave, Swarm, StorJ, and Sia currently ranges from near zero to $4 per terabyte (TB) per month. This is much lower than traditional Web2 services such
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Regulators around the world have cast their eyes on DeFi, and policymakers have "highlighted specific risks including cyber risks and other technical risks, as well as increased dependencies between traditional and decentralized financial systems and a lack of backstops in periods of market stress," HMRC said. Original Source
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