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dYdX Chain to allow users to list ‘virtually unlimited’ markets in upcoming upgrade

dYdX is set to launch a major upgrade, dYdX Unlimited, enabling users to create token trading markets and utilize a new liquidity pool called MegaVault this fall.

theblock.co • 14/08/2024 - 08:49 AM

Coinbase teases upcoming launch of apparent tokenized bitcoin named cbBTC

Coinbase hints at launching the tokenized bitcoin product cbBTC, aiming to compete with BitGo's WBTC. Security concerns arise from BitGo's new partnership with BiT Global.

theblock.co • 14/08/2024 - 06:17 AM

Uniswap Labs' cumulative front-end revenue surpasses $50 million

Uniswap Labs' cumulative front-end fees have surpassed $50 million, indicating significant growth and maintaining its position as the largest DEX by on-chain swap volume.

theblock.co • 13/08/2024 - 05:41 AM

Ion Protocol raises $4.8 million to unlock native yield on rollups and appchains

Ion Protocol raised $4.8 million, totaling $7 million, to develop Nucleus, a yield platform for rollups, addressing monetization challenges in decentralized applications.

theblock.co • 12/08/2024 - 14:05 PM

EigenLayer competitor Symbiotic launches devnet, plans full mainnet in Q3

Symbiotic's devnet is live on Ethereum, enabling broader ERC-20 token restaking and implementing slashing for honest behavior, aiming for mainnet release later in Q3.

theblock.co • 12/08/2024 - 13:05 PM

The Funding: Crypto liquid funds bet big on Solana

The crypto market faced sharp declines, with investors focusing on Solana and DeFi while maintaining bullish outlooks despite uncertainties.

theblock.co • 11/08/2024 - 14:08 PM

Security firm Fuzzland finds a way to reverse exploits

Fuzzland has recovered over $15 million in stolen crypto using hijacking and backrunning strategies, focusing on smart contract auditing and security in the DeFi space.

theblock.co • 07/08/2024 - 18:56 PM

Security firm Fuzzland finds a way to reverse exploits

Fuzzland prevented $15 million in crypto theft through strategies like hijacking and backrunning, employing advanced techniques and raising $3 million in funding.

theblock.co • 07/08/2024 - 18:56 PM

Solana-based DePIN project Andrena raises $18 million to offer decentralized internet services

Andrena raised $18 million in funding for its decentralized internet services project, DAWN, built on Solana, aiming to connect millions of households while ensuring user rewards.

theblock.co • 07/08/2024 - 12:00 PM

Ethena's USDe sees nearly $100 million in redemptions this week in 'stress test' for synthetic dollar

Ethena's USDe stablecoin saw nearly $100 million in redemptions amid market turbulence, maintaining its dollar peg through derivative strategies and an increased token supply amid crypto sell-off.

theblock.co • 06/08/2024 - 09:20 AM

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