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This is the launch of the standard that could connect all of the blockchains and all of the bank chains, Sergey Nazarov said in an interview with CryptoX. Source
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UniswapX, announced at EthCC in Paris, offers better prices by aggregating liquidity sources, gas-free swaps, and protection against MEV. Source
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Decentralized finance (DeFi) protocol Aave has launched its algorithmic United States-dollar pegged stablecoin GHO on the Ethereum mainnet, with $2.19 million worth of GHO minted so far.Aave announced the launch of the new stablecoin in a July 16 blog post, describing the new stablecoin GHO as a “decentralized, over-collateralized” asset.
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Geist Finance has decided not to reopen after Multichain’s confirmation that the funds will remain unrecoverable. The unavailability of accurate valuation for Multichain assets due to the Chainlink oracles tracking real USDC, USDT, WBTC, or ETH
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Zhaojun was "taken away" by Chinese police on May 21 with his computers, phones, hardware wallets and mnemonic phrases all confiscated, Multichain said. Since then, the team has had no contact with the boss and has maintained day-to-day operations relying on existing access to servers that had not been revoked
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Algorand’s largest decentralized finance (defi) protocol Algofi will shut down as the platform says it is unable to maintain the highest standards following a “confluence of events.” Algofi sunsetting operations Algofi announced the news in a Medium blog
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Algofi, the borrowing and lending protocol built on decentralized finance blockchain Algorand, will soon shut down.According to a July 11 announcement, developers' "belief in the strength of Algorand's technology and novel consensus algorithm has not wavered," however, the Algofi platform will nevertheless wind down soon:"A confluence of events has taken
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Software development company Alluvial has raised $12 million in a Series A funding round to further development of Liquid Collective, a liquid staking protocol. Ethereal Ventures and Variant co-led the fund with participation from Brevan Howard Digital, Avon Ventures, Nascent Capital, a_capital, Robot Ventures, Fenbushi, IOSG and Blockdaemon, among others. Original
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Once implemented, developers will be able to use Azure to access to an Axelar-based blockchain tool that connects dapps to networks, services and developer tools via the AxelarJS software library. That will allow them to automate multichain deployments for Web3 products, and the Axelar General Message Passing (GMP), which enables
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Algofi, the largest decentralized finance protocol on layer-1 blockchain Algorand, said it will shut down and plans to halt lending, borrowing and trading imminently. Source
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