The deployment of the GHO stablecoin on the Ethereum layer-2 network will leverage Chainlink’s CCIP interoperability protocol. Source link
Ethereum generated the most fees among the top twenty protocols over the past 30 days with around $180 million, according to new data from Token Terminal. On June 17, the crypto analytics platform…
#Cryptocurrency #Market #Navigating #Defi #Protocols #Hacks #Rise source
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With over ten years of investing and building in fast-growing technology products and the blockchain industry, I’ve come to understand that to stay ahead, providing innovative solutions that can affect the industry and…
Understanding open-source protocols Open-source protocols have become a mainstay in the tech world and are gaining traction due to the myriad benefits that they offer over their proprietary counterparts. The protocols are typically…
A new bridged token from cross-chain protocol LayerZero is drawing criticism from nine protocols throughout the Ethereum ecosystem. A joint statement from Connext, Chainsafe, Sygma, LiFi, Socket, Hashi, Across, Celer and Router on…
#Pinkcoins #Danny #Johnson #Talks #Poker #Bitcoin #Cryptocurrency #Journey source
Binance’s venture arm Binance Labs has invested $10 million into Helio Protocol to help expand the protocol’s ongoing pivot to becoming a liquid staking platform. Though Helio is currently built on the proof-of-stake…
US Senate aims to regulate “anyone who “controls” a DeFi protocol or makes available an application to use the protocol.” The United States Senate is gearing up to introduce a new piece of…
Real-world asset (RWA) protocols have become a hot trend within decentralized finance (DeFi) circles. An RWA protocol is a decentralized application that allows entities to tokenize and trade real-world assets. These assets range…
The number of Ethereum tokens locked in liquid staking derivatives protocols has surpassed seven million, according to data from Defillama. Currently, the total value of assets locked on these platforms stands at nearly…
#Future #Blockchain #Protocols #TOKEN2049 #London source
Decentralization is part of the cryptocurrency industry’s core, with various protocols trying over time to achieve the level of decentralization that Bitcoin (BTC) managed to get as it grew organically from a white…
SKYWARD, the native token of NEAR-based platform Skyward Finance, plunged by 95% after the protocol’s treasury lost $3 million in a smart contract exploit. The attack occurred in the late hours of Wednesday…
While Ethereum-based layer-2 solutions have been focused on hyperscaling the network, Ethereum co-founder Vitalik Buterin believes layer 3s will serve a far different purpose — providing “customized functionality.” Buterin shared his thoughts in…