EigenLayer enhances EigenDA security to combat sybil attacks
With the incorporation of this security measure, EigenLayer seeks to protect the service it offers while guaranteeing its availability to all clients.
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Aave’s proposal to launch on zkEVM passes ‘temperature check’ vote
A proposal to deploy the third version of lending protocol Aave has recently passed a “temperate check” with an overwhelming favorable majority. 131 Total views 2 Total shares Own this piece of history Collect this article as an NFTA "temperature check" proposal to deploy the decentralized exchange (DEX) Aave on the zkSync Era Mainnet has…

Cash App’s quarterly Bitcoin revenue triples despite BTC impairment loss for Square
Jack Dorsey’s Square made more than 90% more gross profit than the same period last year, with $546 million coming from Cash App’s Bitcoin services. 586 Total views 103 Total shares Jack Dorsey’s Square has reported a 200% increase in Bitcoin revenue for the second quarter year-on-year (YoY).The company announced the impressive earnings figures in…

Nifty News: Christie’s NFT expert to lead CryptoPunks, fake heiress launches NFT collection
Noah Davis, the non-fungible token (NFT) specialist at auction house Christie’s, has said he’s leaving the position in July to take up a post as brand lead for the CryptoPunks NFT collection with Yuga Labs.Announcing the move on June 19 in a Twitter thread, Davis looked to quash any anxieties holders had regarding the future…

Grayscale to expand crypto fund offering into Europe
CEO Michael Sonnenshein said the firm’s European rollout would be done piecemeal due to various regulatory regimes and investor attitudes. 228 Total views 4 Total shares Digital asset manager Grayscale Investments is planning to expand its product offerings into Europe to tap into growing institutional demand for cryptocurrencies in the region, CEO Michael Sonnenshein confirmed…

Bitcoin rallies to $61K, but derivatives traders are still skeptical — Here is why
Bitcoin price shows strength ahead of a key Federal Reserve monetary policy decision on Sept. 18, but data suggests the momentum may not last.

German Company Secures €750 Million ‘Eco-Friendly’ Loan Via Blockchain
German-based Dürr, one of the world's leading mechanical and plant engineering firms, has secured a sustainability loan of 750 million euros, the interest on which is linked to its eco-friendly performance. The credit agreement, reported on Aug. 8 by Finance Magazine (German), was self-initiated by Dürr, utilizing a blockchain-based syndicated loan platform. The consortium process was…

TON, Curve Finance team up on stablecoin swap initiative
The partnership introduces Curve Finance's CFMM technology to TON, optimizing stablecoin swaps with reduced price volatility and slippage.

Will Ethereum price bottom at $1.6K?
Ethereum’s native token, Ether (ETH), dropped below $2,000 on March 10, and the altcoin has struggled to regain a position above the psychological level. While Bitcoin (BTC) and XRP (XRP) exhibited minor recoveries over the past 24 hours, Ether prices failed to display bullish momentum in the charts. The altcoin plummeted to a multi-year low