Loopscale, a decentralized finance (DeFi) lending protocol on Solana, temporarily halted its lending markets after suffering an approximately $5.8 million exploit. The protocol went live on April 10 following a six-month closed beta. It’s now leveraged by lending markets for tokens like JitoSOL and BONK. With about $40 million in...
Indeed, the speed at which RLUSD has stormed Aave is nothing short of incredible. $76 million supplied in just four days? That's not just adoption; that's a statement. Is it really a revolution or simply the equally loud, but somewhat retro nature, echo of the XRP army, turbo charged by...
Ripple is throwing its weight behind a multichain future. A major component of this strategy is putting its real-world asset, RLUSD, on Ethereum. Aave, the popular decentralized lending protocol witnessed a major development on April 21. This allowed RLUSD to go live on its V3 Ethereum Core market. Together with...
Let’s face it, Ethereum’s been the king of the NFT ecosystem for too long. The gas fees? Criminal. The congestion? A digital artist's worst nightmare. We’re not discussing the best way to earn a living selling digital art, let alone subsidizing a medium-sized nation with these transaction fees! Ethereum is...
The blockchain world moves quickly. This evolution raises an urgent need for seamless communication and smooth asset transfer between different networks. Hyperlane (HYPER) has created a solution to this ongoing issue through their permissionless interoperability protocol. Originally launched on Uniswap and recently listed on Binance, HYPER has had massive community-driven...
After launching in early 2022, the Base network quickly established itself as an important player within the Ethereum Layer 2 scaling solutions boom. Base is already receiving serious traction with over 1 million active addresses. Its Total Value Locked (TVL) has already pumped past $6.3 billion! What’s fueling this remarkable...
Base, a new leading Layer-2 (L2) solution on Ethereum, just had the fastest-growing launch in history. This success has cemented its place as the behemoth on the scene of the decentralized finance (DeFi) universe. As of this writing, the network’s Total Value Locked (TVL) has absolutely skyrocketed over $6.3 billion....
Okay, let's be honest. When I first learned about Base, I literally rolled my eyes. Another Layer-2? Another promise of scalability? Believe me, I’ve been there and seen it all. I purchased the t-shirt — although I ironically paid around $50 in gas fees to mint it as an NFT...
IOTA is preparing to make an ambitious leap forward. Its Rebased protocol upgrade is scheduled to fully deploy in 2025! This isn't just another incremental improvement; it's a complete overhaul designed to catapult IOTA into the top tier of Layer 1 blockchains. According to Adeel Zaman, an adaptable blockchain reporter...
Ethereum. The promise of a decentralized future, strangled by gas fees that would make even OPEC turn red with envy. For years, we've waited for the cavalry. Might Base, with its jaw-dropping $6.3 billion in TVL, be the one finally riding to the rescue? Is this the real deal, or...
