defi
Swell, the rising star in the liquid staking sector, is now the fourth-largest liquid staking protocol, following Lido Finance, Rocket Pool, and Frax Finance. Swell's TVL for liquid staking doubles in just one month. Image: Swell Twitter Swell has officially surpassed 108,000 ETH (equivalent to $245 million)
defi
Manta Pacific Accelerates, TVL Touches $316 Million Manta Pacific's Total Value Locked (TVL) has been on a rapid ascent recently, driven by a campaign to accumulate reward points for next year's airdrop. Manta Pacific is surging, with TVL reaching $316 million. Image: Project's Twitter
Big Cap
Tether continues to solidify its position as the largest stablecoin in the cryptocurrency market by setting a new record market capitalization. Tether (USDT) Market Cap Surpasses $91 Billion. Photo: Bloomberg On December 25th, 2023, Tether issued an additional 1 billion USDT, pushing its market capitalization over $91 billion for the
Big Cap
This marks MicroStrategy's second nine-digit Bitcoin purchase in the fourth quarter of 2023 alone. MicroStrategy Buys $615 Million Worth of Bitcoin According to an announcement published late on December 27th, software company MicroStrategy disclosed its acquisition of an additional 14,620 Bitcoin (BTC), valued at $615.7 million,
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Metis' recent move is reviving the entire ecosystem in general and the flagship project in particular. Metis Ecosystem Accelerates Post-Growth Incentive Package Announcement On December 18th, the MetisDAO Foundation announced the Ecosystem Development Fund (EDF) valued at 4.6 million METIS. Initially equivalent to about $100 million USD, this
defi
According to Blockworks, the following are the top five DeFi protocols of 2023 based on revenue metrics, with data compiled from DeFiLlama as of December 13, 2023. 1. Maker - $95.91 Million Since 2022, Maker has diversified its revenue streams by investing in U.S. government bonds. The launch
NFT & GameFi
In a recent update, the Epic Games Store, owned by gaming giant Epic Games, has revised its policies to allow blockchain-based games to be listed again. 📣 Heads up: Gods Unchained and Striker Manager 3 have returned to the Store after a change in our content policy regarding ratings for blockchain-based
NFT & GameFi
Sotheby's, the venerable 279-year-old British auction house, reported $35 million in revenue from NFT auctions in 2023. Michael Bouhanna, Vice President of Sotheby's, stated that the auction house achieved this milestone amid what he called "one of the most exciting years for digital art."
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Ethereum developers have outlined an anticipated schedule to roll out the Dencun upgrade across various testnets, culminating in the mainnet launch by late February 2024. Upgrade Dencun of Ethereum Scheduled for Late February 2024 At a recent bi-weekly meeting, Ethereum developers tentatively set the deployment schedule for the Dencun upgrade
On December 20th alone, the price of Tellor (TRB) experienced significant volatility, surging to $185 before swiftly retreating to $128, believed to be influenced by whale activity. Tellor (TRB) Drops from $185 to $128 in a Single Day On the evening of December 20th, the price of Tellor (TRB) saw
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This move can be seen as one of PancakeSwap's efforts to reduce CAKE token inflation rate annually to just 3 - 5%. PancakeSwap Proposes 40% Supply Reduction, CAKE "Pumps" 25% On the afternoon of December 21, 2023, PancakeSwap, the leading DEX platform on the BNB Chain
defi
StarkWare, the development team behind Starknet, has partnered with Avail to enhance data availability for future projects building their own blockchains, known as appchains, on Starknet. Starknet Chooses Avail for Appchain Data Availability Solution Avail, a modular blockchain project spun off from Polygon, will provide data availability solutions for Starknet&