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After an extensive period of network testing, the Layer-2 solution Base has officially launched its mainnet. Source: Base Twitter Base's Twitter account announced that the mainnet would now be available for developers, enabling projects to start building their products on this platform. Since our testnet launch, we’ve
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Multichain, the prominent cross-chain protocol, has officially announced that its CEO, Zhaojun, has been arrested by Chinese authorities. Source: Coin68 Twitter According to Multichain, the police have confiscated Zhaojun's computers, phones, hardware wallets, and access codes. Despite the project's reliance on a multi-signature key protection mechanism,
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Kain Warwick, the founder of the derivatives protocol Synthetix, has unveiled Infinex, a decentralized trading platform focused on perpetual futures contracts. Source: Synthetix Twitter With this move, Warwick aims to position the project to compete with centralized exchanges like Binance, which handle daily trading volumes in the billions of dollars.
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The US Department of Justice (DOJ) has charged Shakeeb Ahmed with stealing $9 million from a Solana-based decentralized exchange (DEX) using a common flash loan method. Details of the Case On July 11, the DOJ ordered the arrest of Shakeeb Ahmed, a security engineer, for fraud and money laundering. Ahmed
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Starknet has just deployed the Quantum Leap V12.0 upgrade on its mainnet. This update is expected to significantly enhance the network's processing speed in the coming period. Source: Starknet Twitter The upgrade was announced by the Starknet team on their Twitter account, following about a week of
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Algofi, the leading DeFi project on Algorand, which accounts for 55% of the total value locked (TVL) on the network, has announced its closure due to declining activity. Algofi Ceases Operations According to an announcement posted on 10/07, Algofi, the largest DeFi protocol on the layer-1 blockchain Algorand, declared
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Blockchain infrastructure development company ConsenSys is set to launch the alpha version of its layer-2 solution, Linea, on the Ethereum mainnet. Linea Layer-2 Mainnet Deployment Linea, a zkEVM layer-2 solution developed by ConsenSys—the team behind MetaMask—has now been deployed on Ethereum and is preparing to open for global
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Uniswap Foundation has recently shared the latest details in its roadmap to launch the V4 version of its decentralized exchange (DEX). Launching Uniswap V4 Erin Koen, a representative of Uniswap Foundation, emphasized that the project aims to deploy V4 within this year. With the anticipated successful upgrade of Ethereum'
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Another DeFi project has chosen a "centralized" approach in its legal and operational structure. The latest name to take this route is Abracadabra, the developer behind the stablecoin MIM and the token SPELL. Abracadabra's Centralization Move In a forum post, the project has called on Abracadabra
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Decentralized exchange (DEX) PancakeSwap has officially integrated with the Polygon zkEVM blockchain, marking its fourth integration after BNB Chain, Ethereum, and Aptos. PancakeSwap Launches on Polygon zkEVM According to an announcement made on the evening of 29/06, PancakeSwap has been deployed on Polygon zkEVM. This integration is part of
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Decentralized exchange (DEX) dYdX has set the date for launching the public testnet for its Cosmos-based blockchain, the dYdX Chain, on July 6, 2023. According to the announcement, the decentralized exchange dYdX will launch its public testnet before midnight (00:00 AM) on July 6, 2023 (Vietnam time). We are
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According to the latest report from the Bank for International Settlements (BIS), products from decentralized finance (DeFi) protocols could potentially support the multi-trillion-dollar foreign exchange market in the future. Research units from BIS, Banque de France, the Monetary Authority of Singapore, and the Swiss National Bank are exploring how blockchain