Category Archive: Cryptocurrency, No picture
Base Mainnet Launches, Paving the Way for Onchain Summer Era
Base has rolled out its mainnet, marking a significant stride in the race to broaden blockchain’s appeal. This eagerly anticipated launch integrates over 100 DApps and services, positioning itself as a significant contender in the blockchain sector. In the early 2000s, getting online transformed the world Now, getting onchain will kick off the next transformation, increasing […]
13 Russian Banks Will Kickstart Digital Ruble Trial
The Bank of Russia has officially unveiled its pilot trials for the nation’s prospective CBDC, the digital ruble, according to an anouncement on August 9. The pilot, which will start on August 15, will incorporate 13 of Russia’s leading financial institutions and tested in 30 retail institutions, engaging them in real-world testing environments. The initiative […]
Nigeria’s Bank Association Wants Binance Out Over Added Strain to Naira
The Association of Bureaux De Change Operators of Nigeria (ABCON) expressed concerns on August 9 over the cryptocurrency giant, Binance’s “unfortunate” influence on the nation’s economy. A strong appeal was made to the Federal Government, urging them to consider a ban on Binance’s operations within Nigeria, the Nairametrics reported on August 9: “So, we have […]
Ramp Network Bridges Gap with Coinbase’s Base Integration
Bridging the gap and deepening connections between cryptocurrencies and traditional finance, Ramp Network has integrated with Coinbase’s newest offering, Base. This merger allows Ramp users to efficiently transition Base-native ETH and USDC into diverse crypto chains and directly into fiat, according to the official announcement. Constructed to ensure speedy, cost-effective transactions, Base, utilizing Ethereum’s Optimism […]
Chainlink’s Price Feeds Land on Base, Bringing More Precise Crypto Pricing
Base, a layer-2 blockchain backed by Coinbase and strengthened by Ethereum, has incorporated Chainlink’s renowned Price Feeds, according to an anouncment on August 8. This integration is expected to offer developers on Base a more comprehensive suite of Web3 services, especially granting them access to Chainlink’s acclaimed Data Feeds. Are you working to accelerate onchain finance? […]
Circle Unveils Web3 Programmable Wallets: A Technical Breakthrough for Developers
Circle, the financial institution that created USDC, introduced its programmable Web3 wallet platform, a move seen as a step toward simplifying digital-asset payments in the business sector. This platform will enable developers and merchants to incorporate Circle’s programmable wallets into their applications, thus allowing consumers to transact with digital assets, including the USDC stablecoin and […]
DeFi Protocol Dolomite Unveils Zap: A Breakthrough Collateral Solution for Arbitrum Users
Dolomite, a DeFi lending protocol, has recently shared details of its latest advancement, Zap. This new collateral solution, tailored for the Arbitrum network, works to refine capital deployment techniques and user experience within the DeFi space: We’re thrilled to announce the launch of our long awaited ⚡️Zap feature! 🎉 ⚡️Zap will change how you use […]
Hope on Ethereum? HopeLend Launches on ETH Mainnet; Inclusivity in Mind.
Hope.money, a bridge between DeFi, CeFi and TradFi, has unveiled the official rollout of HopeLend on the Ethereum mainnet. This decentralized, noncustodial lending protocol seeks to overhaul how users across the globe engage with digital assets. 🎉#HopeLend is launching on Ethereum MainNet today and we invite the community to celebrate this milestone together! 🎁Follow instructions […]
PYUSD Post-Launch: Exploring Mixed Reactions, Technology and Future
PayPal, the global digital payment giant, unveiled its native U.S. dollar stablecoin, PYUSD, on August 7. This announcement, although anticipated in fintech circles, has prompted a flurry of discussions, ranging from the stablecoin’s potential impact to the sheer usefulness of yet another centralized entity using crypto. The PYUSD offers functions identical to a standard PayPal […]
Can Curve Finance Catch Its Hacker? $1.85M Bounty Now For Public Assistance
Curve Finance, a decentralized finance protocol, announced that the $1.85 million bounty to recover funds lost during a reentrancy exploit on July 30 is now offered to the public. The breach, attributed to a weakness in the Vyper smart contract language for Ethereum Virtual Machine, resulted in wary investors pulling out a significant $3 billion from […]
