Ho Chang Jun

Demex Daily #78: Immutable Debuts Polygon-Powered zkEVM for Gaming

What’s Interesting Today: Immutable, a gaming-focused layer-2 developer, has announced the early access launch of its Immutable zkEVM Mainnet, powered by Polygon. This dedicated chain for games offers EVM compatibility, low costs, massive scaling, and enterprise-grade security. It aims to enhance the gaming industry by opening new revenue opportunities

Demex Daily #77: WEN Meme Coin Airdrop Tests Jupiter Launchpad, Showcases Solana's Stability

What’s Interesting Today: The WEN meme coin airdrop on the Solana blockchain attracted significant attention, distributing 643,652 WEN to over a million wallets including Jupiter DEX users and Solana Saga smartphone owners. The coin's value briefly spiked before settling to a fraction of a penny. While

Demex Daily #76: Base Enhances Smart Contracts with Chainlink Automation Integration

What’s Interesting Today: Coinbase's Ethereum layer 2 network, Base, has integrated Chainlink Automation to enhance smart contract scalability and efficiency. This collaboration offers a significant 90% reduction in gas fees for Web3 developers and enables advanced capabilities in smart contract execution. The integration, which complements Chainlink'

Demex Daily #75: Aave v3 Launches on Neon EVM, Enhancing Solana's DeFi Ecosystem

What’s Interesting Today: The deployment of Aave version v3 on the Neon EVM mainnet has been approved by the Aave DAO, a significant development for the DeFi sector in the Solana network, as reported on the Snapshot page. Marina Guryeva, the CEO of Neon Foundation, expressed enthusiasm about this

Demex Daily #74: Frax Finance Debuts FXB Bonds, Enabling Conversion to FRAX Stablecoin

What’s Interesting Today: Frax Finance has completed its v3 rollout with the introduction of Frax Bonds (FXB), tokens that can be exchanged trustlessly for 1 FRAX stablecoin at maturity. These bonds are being sold at a discount and have maturity dates of July 30, 2024, December 31, 2024, and

Demex Daily #73: Algorand's Dynamic Lambda Upgrade Reduces Block Times by 20%

What’s Interesting Today: Algorand, a layer-1 blockchain, has implemented the Dynamic Lambda upgrade, reducing block creation times by about 20%, with average block times now under three seconds. Announced on Jan. 17, this update enhances network throughput and performance. Since the upgrade, block interval times have averaged around 2.

Demex Daily #72: Ethereum's Dencun Upgrade Deployed on Goerli Testnet Targeting Q1 2024 Mainnet Release

What’s Interesting Today: Ethereum core developers have deployed the Dencun upgrade on the Goerli testnet, which includes proto-danksharding (EIP-4844). This test serves as a preliminary step before its expected launch on the Ethereum mainnet in the first quarter of 2024. The upgrade, which went live around 1:35 a.

Demex Daily #71: Solana Mobile Introduces Budget-Friendly Saga Chapter 2 Shipping in 2025

What’s Interesting Today: Solana Mobile has started preorders for its new smartphone, Saga Chapter 2, priced at $450, significantly less than its predecessor's $1,000 tag. The first Saga model gained popularity among crypto traders due to an included allocation of BONK tokens. This new device aims

Demex Daily #70: USDC's Growing Role in Asian Remittances and Trade Finance

What’s Interesting Today: Circle's recent report reveals a significant increase in the use of its USDC stablecoin for remittances in Asia, with $130 billion flowing into the region in 2022. This growth is part of a broader trend where USDC has facilitated over $12 trillion in blockchain

Demex Daily #69: Strong Start for Bitcoin ETFs: BlackRock and Grayscale Lead in Trading Volume

What’s Interesting Today: The initial trading day for the new spot Bitcoin ETFs witnessed an impressive $4.5 billion in volume, exceeding initial forecasts. BlackRock's iShares Bitcoin Trust was a major player but ended the day 4.6% lower. Grayscale's Bitcoin Trust experienced a historic