Discusses advancements, use cases, and technical aspects of blockchain technology, not limited to financial applications.
.@Uniswap launches its wallet extension on Chrome, enabling token swaps across 11 blockchains like Ethereum and Polygon. With over 793,000 on the waitlist, it’s a major step in the DEX market. $ETH $MATIC #Update #CryptoNews
Satoshi Protocol, backed by @CMSHoldings and RockTree Capital, raised $2M to enhance security and integrate Layer-2 solutions. Bitcoin holders can now mint SAT stablecoins as collateral. The move boosts BTC liquidity options. #Bitcoin #CryptoNews
LI.FI, a decentralized protocol, suffered an $8M hack affecting cross-chain swaps for Jumper. Hackers drained stablecoins and converted some to $ETH. Users with infinite approvals were impacted. #DeFi security remains crucial. #Update
? A Degen Chain user lost 90% of 785,000 $DEGEN in a cross-chain transfer due to a slippage issue and poor liquidity in the DEGEN/ETH pool. The platform is refunding users and improving liquidity management. #DeFi #Crypto
ApeCoin ($APE) launches the testnet for its layer-2 network, ApeChain, backed by @HorizenLabs and @Arbitrum. ApeChain aims to use APE tokens for gas and governance, with potential $7M annual revenue. #ApeChain #Update
Blockchain tech can revolutionize water management, enhancing transparency and efficiency. The U.S. needs $625B to update water infrastructure, while leaks waste 900B gallons annually. Blockchain’s immutable ledger ensures accountability and fair distribution. #WaterManagement #Update
Chris Feng of @Chainbase discussed using blockchain to enhance AI transparency. Blockchain can secure training data and improve decision traceability, addressing transparency but not biases in AI. Companies like @Bittensor are exploring these integrations. #Update #AI #Blockchain
ELFi Protocol is launching in July 2024, revolutionizing derivatives trading with a decentralized platform. A Super NFT campaign will distribute 200 NFTs to testnet participants, offering exclusive benefits. Raised $5M led by @IDGCapital & @kucoincom. #Update #DeFi #CryptoNews
Blockchain startups raised $150.9M, led by Partior’s $60M Series B to enhance global interbank settlements. Investors include @jpmorgan, @StanChart, and Temasek. RedStone Oracles secured $15M, and SendBlocks raised $8.2M for blockchain data management. #Update
Germany has sold its last 3,846 $BTC, totaling $223.81M, marking the end of a month-long selloff of over 46,000 BTC. This move impacted crypto markets, keeping Bitcoin below $60K. Market experts now predict potential recovery and stabilization. #Crypto #BitcoinNews
Interport Finance joins @Chainlink’s BUILD program to enhance cross-chain swaps and DeFi growth using Chainlink’s oracle services. Interport will allocate 5% of $ITP to Chainlink providers, boosting community engagement. #DeFi #Update
Coinbase launches a web app for 360 portfolio management, integrating 8 networks including Base & Solana $SOL. Features include passkey replacements and gasless development, simplifying crypto use on desktop & mobile. #Update #CryptoNews
Goldman Sachs (@GoldmanSachs) to launch three tokenization projects by 2024, focusing on real-world asset tokenization for institutional investors via private blockchains. Competing with BlackRock’s $500M BUIDL fund, this move aims to innovate asset management. #Update #Blockchain
Barcelona will host the European Blockchain Convention 2023 this September, featuring experts from @0xPolygon, @krakenfx, and @blockchain. EBC10 will cover digital assets, Web3, and DeFi, with 100+ sessions, startup battles, and exclusive social events. #BlockchainConvention #Update
