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Rune Christensen, the founder of MakerDAO, has announced an airdrop for the lending protocol Spark Protocol, proposing the distribution of 2 billion Spark (SPK) tokens over 10 years. SPK Token Airdrop Plan: * Objective: The proposal aims to incentivize long-term user participation in Spark Protocol through a "pre-farming airdrop"
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In its latest blog post, Binance Labs announced a strategic investment of $5 million in Curve Finance’s CRV token, while also supporting the project’s development on the BNB Chain. Investment Announcement: * Details: Binance Labs shared the news via its official Twitter account on the evening of 10/08.
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The decentralized exchange (DEX) PancakeSwap has officially expanded its operations to Arbitrum One, marking the sixth blockchain integration following zkSync Era in July 2023. Key Integration: * Announcement: On the evening of 10/08/2023, PancakeSwap announced its successful deployment on Arbitrum One, a leading Ethereum Layer 2 solution. * Strategic Vision:
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Coinbase Ventures, the investment arm of the cryptocurrency exchange Coinbase, has strategically invested in the liquid staking protocol Rocket Pool (RPL). Key Details: * Investment Announcement: The announcement was made on the evening of 10/08. Coinbase Ventures did not disclose the specific amount of RPL tokens purchased. * Previous Investment: This
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Circle, the entity behind the world's second-largest stablecoin USDC, has launched a customizable Web3 wallet platform aimed at businesses looking to provide digital payment solutions to customers. Circle Introduces New Web3 Wallet Application Last night (08/08), Circle unveiled a customizable Web3 wallet platform, providing businesses with an
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The ongoing conflict between the former owners and current community of EOS shows no signs of abating. EOS Network Foundation Urges Community to Reject $22 Million Settlement, Vows to Sue Block.one In a nutshell, Block.one, the developer of the EOS blockchain, raised $4 billion during the phase known
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Aptos, the rebranded blockchain formerly known as Facebook's Diem, is integrating Microsoft's AI infrastructure. Aptos Labs Collaborates with Microsoft on New AI Blockchain Solution In a move to realize their expanded service and brand strategy, Aptos, the layer-1 blockchain from the "old Meta," has
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Andre Cronje, the founder of Fantom Foundation, has indicated that the platform is contemplating a shift towards developing Optimistic Rollups and further integrating with Ethereum. Fantom Considers Shift to Optimistic Rollup In a recent interview with The Block, DeFi guru Andre Cronje shared: "We are looking into the OP
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Uniswap v3 has been integrated into Coinbase's layer-2 solution, Base. Uniswap's Integration with Layer-2 Base After nearly three months of proposals, Uniswap, the largest decentralized exchange on Ethereum, has been integrated into Base, allowing users to trade tokens on this layer-2 solution. What are you swapping
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After two days of implementing the 8% interest rate, the MakerDAO - DAI community has proposed new adjustments to adapt to the current market conditions. New Proposal "Adjustment GOV12.1.2" In the new proposal titled "Adjustment GOV12.1.2," founder Rune Christensen highlighted the positive
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On August 8, 2023, Sunil Srivatsa, the founder of Saddle Finance, announced that the Ethereum-based AMM protocol will cease operations and begin distributing tokens back to investors. This decision aims to safeguard investor assets following the shocking hack of Curve Finance. Liquidation and Token Distribution Process Saddle Finance will liquidate
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The Fantom ecosystem is facing severe setbacks, with SpiritSwap, its leading AMM, announcing its shutdown due to the repercussions from Multichain's collapse. Key Points: * Shutdown Announcement: SpiritSwap will cease operations on 01/09/2023 unless a new team takes over. Users are advised to withdraw liquidity before this