AAVE Surges 9% After ZKsync Era Mainnet Launch
The DeFi protocol known as Aave introduced its version 3 on the Era Mainnet, featuring transactions supported by ZKsync technology. After the platform announced the release of version 3 on the Era mainnet, AAVE’s price increased by nine percent. ZKsync technology supports this solution, paving the way for a new era of yield generation and […]
Sushi Integrates Orbs’ dLIMIT and DCA Protocols
Decentralised exchange SushiSwap now supports Layer-3 protocols on Orbs, enabling new order types like spaced-out orders. Layer-3 Orbs’ dLIMIT and DCA decentralised protocols have been included in the SushiSwap platform, a decentralised exchange and automated market maker, providing users with additional trade management features. SushiSwap traders may now make limit orders directly on a blockchain […]
Coinbase’s cbBTC Token To Transform Bitcoin DeFi Adoption
Coinbase’s entry signals the latest major institutional entrant into the field of BTCFi. Coinbase, the world’s second-largest cryptocurrency exchange, is poised to significantly advance the adoption of Bitcoin-native decentralized finance (DeFi). The exchange recently hinted at developing a new Wrapped Bitcoin (BTC) token, Coinbase BTC (cbBTC), sparking considerable excitement among crypto investors. According to Rena Shah, […]
Tron Outperforms Ethereum in Revenue Over Past 90 Days
According to DeFi Llama, the Tron network generated $1.31 million in network revenue in the last 24 hours alone. Over the past 90 days, the Tron network has outpaced the Ethereum network in revenue, generating approximately $435 million in fees compared to Ethereum’s $364 million, according to data from Token Terminal. Tron Surpasses Ethereum in […]
Hong Kong Virtual Banks Target Web3 Growth Amid Regulatory Challenges
Hong Kong’s virtual banks are exploring opportunities in the Web3 space despite capturing 0.3% of retail bank assets. Hong Kong’s virtual banks are reportedly facing a pivotal moment, capturing only a small share of the financial market with just 0.3% of the assets held by all retail banks. As reported by the South China Morning Post […]