Circle’s USDC stablecoin to launch on Sui network
The UDSC stablecoin will soon become natively supported on the Sui network through the Cross-Chain Transfer Protocol. Go to Source
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Multiple factors fueling Ether’s ‘dismal’ price action — VanEck
According to analysts at VanEck, Ethereum’s share of decentralized exchange trading volume has dropped from 42% in 2022 to 29% in 2024. Go to Source
Ethereum layer-1 network revenue collapses. What’s causing it?
Layer-2 monthly active users and daily transaction counts have both doubled since March 2024, according to Token Terminal. Go to Source
Layer-1 Platform Radix Cuts Workforce by 15%
The decentralized finance platform Radix Network announced a 15% workforce reduction on Aug. 28. CEO Piers Ridyard stated that the decision was made to decrease overhead costs. Ridyard said that while core projects like Flash Liquidity and MFA are expected to continue, users may experience disruptions due to the changes. RDX Works Seeks to Reduce … Read more
Aptos network integrates Nillion for privacy-preserving apps
Aptos will be able to support confidential DeFi, private AI assistants and more. Go to Source
Grayscale launches investment fund for AVAX token
It joins Grayscale’s suite of more than 20 crypto investment products. Go to Source
Investigating Innovation on Berachain
This piece is a guest post by Blocmates. Blocmates is an invaluable crypto news and educational resource that offers clarity in the often complicated and jargon-filled crypto space. In this article, writer Ollie of Blocmates answers many questions about Berachain, including what it is, why you should care, and what you should be paying attention … Read more
Online Gaming Veteran: Top Tech, Strong Marketing Key to Web3 Growth and Adoption
While the biggest blockchain bridge hacks have centered on private key mismanagement, according to Joshua Tobkin, CEO of Supra, smart contract errors and cryptography implementation issues also contribute to cybercriminals’ success. Tobkin said while bridges are poised to play an increasingly critical role in blockchain interoperability, their control by a small number of validators poses … Read more
Megaeth: The Endgame ETH Scaling Solution
This piece is a guest post by Blocmates. Blocmates is an invaluable crypto news and educational resource that offers clarity in the often complicated and jargon-filled crypto space. In this article, writer Gaz of Blocmates breaks down Megaeth, one of the hottest Layer 2s, including explaining the technical reasons why so many people are excited … Read more
Hermetica Introduces Bitcoin-Backed Synthetic Dollar on Bitcoin L1
Bitcoin-based decentralized finance (defi) protocol Hermetica has launched its BTC-backed synthetic dollar, USDH, on Bitcoin’s layer one (L1) through the Runes protocol. The company also announced plans to scale its Bitcoin-native defi operations using layer two (L2) solutions like Stacks. Hermetica Launches BTC-Backed Stablecoin USDH Hermetica‘s USDH offers Bitcoin holders a new way to maintain … Read more
