Uniswap Launches Permissionless Bridging Across Networks
Users of the decentralized exchange Uniswap can now use permissionless cross-chain bridging within the app. The service is accessible across nine blockchain networks. The Uniswap team declared on October 23 that its permissionless cross-chain bridge was operational, advancing the DEX protocol’s ability to facilitate cross-chain exchanges. According to the announcement, this in-app Uniswap bridging capability […]
Solv Protocol Introduces Bitcoin Staking Token on Solana
Solv Protocol introduced “SolvBTC.JUP” as a Liquid Staking Token to help Bitcoin investors profit from Solana’s decentralized financial ecosystem. According to a press release, SolvBTC.JUP allows Bitcoin holders to participate in Solana’s Jupiter Exchange and earn returns paid in Bitcoin, even if they are still in their pilot phase. Bitcoin deposits are made into Solv […]
Euler Finance Announces Launch of New Stablecoin Maxi
Euler Finance, a decentralized finance lending platform, has launched a hybrid token called Maxi. The development was revealed on September 16 by Euler Labs, the group responsible for the Ethereum decentralized finance lending protocol. According to a post on X by the platform, Maxi is a customized financing solution that aims to provide its clients […]
Aave Launches on Era Mainnet Powered by Zksync
The ZKSync Era mainnet now supports Aave V3 to provide liquidity and yield for zero-knowledge blockchain ecosystem users. In a blog post, Aave Labs stated that with the launch of Aave V3 on Era, the community could take advantage of cutting-edge ZK technology to gain more access to decentralized finance. Additional institutional use cases, such […]
AI DApps Take Lead in Thriving Web3 Ecosystem
The decentralized application (DApp) industry is substantially transforming as AI-based DApps assume the lead in the Web3 ecosystem, overtaking gaming. AI DApps currently dominate the market, accounting for an impressive 28% of daily activity, as per DappRadar’s DApp Industry Report for July 2024. AI DApps Overtake Gaming Industry For the first time in over a […]