Jito Releases Open-Source Restaking Service for Solana
The Jito Foundation’s latest code release brings developers closer to activating restaking on Solana. The Jito protocol released its initial code base on July 25, enabling the unlocking of staking and restaking platforms on Solana. Despite the absence of code modifications, the potential exists for any Solana-native protocol to safeguard decentralized applications using any cryptocurrency. […]
Fireblocks Announces Startup-Focused Blockchain Starter Toolkit
Fireblocks, a cryptocurrency safeguarding company, is launching a new suit designed to provide blockchain-based solutions to entrepreneurs. A new tool has been released by Fireblocks, a platform for creating decentralized applications and overseeing cryptocurrency operations, to assist businesses in creating blockchain-based goods. According to a press release, the new Fireblocks for Entrepreneurs lawsuit seeks to […]
AltLayer Announces New Vesting Schedule
As the decentralized rollups system gets ready for its first unlock this week, AltLayer has made known improvements to its token vesting timetable. The AltLayer team revealed a new vesting schedule on Tuesday, indicating that the event on July 25 will be followed by the next token unlock. The protocol showed that all parties involved […]
The Scalability Hurdle: Addressing DeFi’s Growth Pains
This article delves into the scalability hurdle facing DeFi, the underlying causes, and the solutions to overcome these growth pains. Decentralized Finance (DeFi) has taken the financial world by storm, promising a new era of financial inclusivity, transparency, and efficiency. Built on blockchain technology, DeFi seeks to recreate traditional financial systems such as lending, borrowing, […]
Binance Reports DeFi TVL Surges 72% to $94B This Year
A recent report from Binance indicates that decentralized finance (DeFi) activity has increased by 72% to $94.1 billion in the first half of the year. The DeFi space saw inflows in the first six months of the year, with total value locked (TVL) jumping to $94.1 billion, a 72.8% increase. Almost all sectors of the […]