Solana Outflows Hit All-Time High At $39M
This outflow marks the largest for Solana (SOL) investment products, is mainly due to a drop in meme coin trading volumes reliant on SOL. At the end of the previous week, the outflows of Solana (SOL) reached an all-time high of $39 million. This development has occurred amidst broader market fluctuations impacted by recent macroeconomic […]
Polychain Invests $6.7M in Bitcoin-centric Yield Network Corn
Polychain Capital has disclosed a $6.7 million investment in a new yield-generating network called corn, which is Bitcoin-centric. The new Ethereum layer-2 (L2) network, CornCorn, which is tickered BTCN, received a $6.7 million investment. The network utilizes a tokenized version of Bitcoin for gas fees and economic incentives. Chris Spadafora, the founder of Corn and […]
ParaSwap to Curb MEV Attacks With New Intent-Based Protocol
ParaSwap, a DEX aggregator, is introducing an intent-based trading protocol intended to address the issue of MEV assaults, which result in millions of dollars in daily losses on crypto transactions. MEV is an acronym that stands for the maximum extractable value. In this context, validators exploit their capacity to regulate the order, inclusion, and implementation […]
Tether To Launch USDT on Aptos, APT Price Rises 3%
Tether announced plans to deploy the USDT stablecoin on the Aptos network. The APT price rose 3% to a high of $6. Tether, the issuer of the stablecoin USDT, announced on Monday its plans to introduce the U.S. dollar-pegged USDT on the Aptos Network. This move leverages Aptos’ cutting-edge blockchain technology, noted for its speed […]
HashKey Teams Up with Toncoin’s Catizen Mini-Game to Boost Web3
HashKey Group partners with Catizen to improve GameFi and digital entertainment, hence increasing Toncoin’s market penetration. HashKey Group, a prominent digital asset financial services provider in Asia, has formed a collaboration with Catizen, a leading Web3 mini-game. This partnership marks Catizen as the first Web3 partner for HashKey, aiming to advance the future of GameFi […]