The Big Role Ethena’s USDE Could Play in Hyperliquid’s Upcoming Mainnet

Ethena has proposed integrating its liquidity and hedging engine into Hyperliquid, a layer one (L1) blockchain set to launch its EVM mainnet. The proposal includes adding USDE, Ethena’s stablecoin, within the Hyperliquid ecosystem upon mainnet launch. Ethena Eyes Hyperliquid’s Rapid Growth for Next Phase of USDE Expansion The proposal outlines a cautious approach to integrating … Read more

Chainlink Integrates Data Streams and VRF on Base Blockchain

Chainlink has expanded its offerings on the Base blockchain by launching its Data Streams and Verifiable Random Function (VRF) services. This development ensures that the full suite of Chainlink products is now accessible to developers using Base, a layer-two (L2) blockchain built on Ethereum. Chainlink Expands Services on Base Blockchain The recent integration of Chainlink’s … Read more

Web3 Name Service Firm Unstoppable Domains Secures ICANN Accreditation

Unstoppable Domains has achieved accreditation from the Internet Corporation for Assigned Names and Numbers (ICANN), marking its entry as a significant onchain player in the broader domain industry. The accreditation positions the company as the largest ICANN-accredited registrar in the Web3 sector. ICANN Accredits Unstoppable Domains as Largest Web3 Registrar Unstoppable Domains, known for its … Read more

Ethena Labs Expands USDE to Solana, Reveals Gradual SOL Integration

On Wednesday, Ethena Labs, the team responsible for the yield-bearing stablecoin project USDE, revealed its expansion to the Solana blockchain. This move brings USDE to the distributed ledger, with SOL now also being used as part of the stablecoin’s reserve backing. USDE Stablecoin Project Extends to Solana, Includes SOL Backing Despite witnessing redemptions totaling around … Read more