Pyth Network’s quest to surpass Chainlink: Marc Tillement at Paris Blockchain Week
Discover how Pyth Network's oracle services are challenging industry leaders and innovating in the DeFi space with cost-efficient models.
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AI and Big Data, Liquid Staking, DeFi Capture Biggest Weekly Gains
Several sectors within the crypto market are seeing a resurgence. AI and Big Data, Liquid Staking, and DeFi projects managed to secure the most gains in the past week. According…
Swaap Labs Launches “Supercharged” DeFi Yield Protocol Swaap Earn
DeFi market maker Swaap Finance has launched a new service called Swap Earn, allowing users to earn an extra yield on already yield-bearing assets. The protocol tops up investor returns…
Bug in Discontinued Lido Staking Service Blocks User Access to Tokens Valued at $24.4 Million
A bug in the smart contract of Lido’s discontinued Solana staking service is reportedly preventing users from withdrawing digital assets valued at more than $24 million. Lido attributes this issue…
DApp Activity Sees Surge Amid Bitcoin’s All-Time High in Q1 2024
Decentralized applications (dApps) saw a rise of 77% in activity in the first quarter of 2024 and a 7 million total daily active user wallet count. This growth comes as…
Restaking Emerges as Ethereum’s Second Largest DeFi Sector: Report
A recent report by Coinbase Research uncovered that restaking has emerged as the second-largest sector in decentralized finance (DeFi) on Ethereum. The study highlights EigenLayer’s restaking protocol as an important…
Polygon CEO: L3s Might Represent a Threat to Ethereum’s Security
Marc Boiron, CEO of Polygon, an Ethereum-compatible sidechain scaling solution, gave his take on the rise of Layer 3 (L3) scaling structures in the Ethereum ecosystem. According to Boiron, L3s…
In 22 Days, Liquid Staking Platforms Witness a 340,000 ETH Decline
According to the most recent data, within the last 22 days, the volume of staked ether locked across various liquid staking derivative token platforms has seen a decline of 2.45%.…
DeFi Sector Grapples with $187M Losses But Recovery Efforts Net Nearly $99M
Amidst improved investor sentiment, blockchain security firm PeckShield’s report for March 2024 revealed a concerning surge in crypto hacks, with over 30 incidents causing approximately $187.29 million in losses. Despite…
Composable Data Assists Dapp Developers in Unlocking Rich Data Applications – Swaroop Hegde
Composable data, a flexible and modular approach in the field of data analytics, benefits decentralized application (dapp) developers constrained by the limitations of current data protocols. Swaroop Hegde, co-founder of…
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