Ho Chang Jun

Demex Daily #17: $ATOM Wormhole, Swing, Tashi, Evmos Consortium Tackles Cosmos Liquidity Crisis

What’s Interesting Today: A consortium of DeFi protocols including Wormhole, Swing, Tashi, and Evmos is collaborating to address liquidity challenges in the Cosmos ecosystem. Wormhole will introduce five new bridged tokens on Evmos, including USDT, USDC, wETH, wBTC, and SOL, a move that has nearly unanimous support. These tokens

Demex Daily #16: $DOT Circle’s USDC Now Live on Polkadot

What’s Interesting Today: Circle has rolled out its USDC stablecoin on the Polkadot network, enabling transfers to Polkadot's parachains through the XCM protocol. This move aims to solidify Circle's status as a key cross-chain cryptocurrency and to facilitate inexpensive transactions. Circle advises users to avoid

Demex Daily #15: $AVAX Multiswap Simplifies Avalanche Token Swaps, Eyes Tokenized Asset Expansion

Top Gainer - Chainlink (LINK): Chainlink's LINK token surged over 10% following new partnerships with traditional financial institutions, outperforming the broader crypto market. The uptick is attributed to Chainlink's collaboration with SWIFT to scale tokenized asset adoption. Chainlink co-founder Sergey Nazarov discussed the Cross-Chain Interoperability Protocol

Demex Daily #14: $ETH Ethereum Introduces Holešky Testnet

What’s Interesting Today: Ethereum has rolled out a fresh testnet named "Holešky," equipped with an opening supply of 1.6 billion Ether (HETH) to aid in staking, and the development of both infrastructure and protocols. This introduction serves as a solution to the shortcomings of the older

Demex Daily #13: $MATIC Polygon Initiates 2.0 Transition: MATIC-to-POL Conversion and L2 Scaling

What’s Interesting Today: Polygon has introduced the first set of improvement proposals to transition to its new Polygon 2.0 ecosystem, aimed at creating an interconnected layer-2 Ethereum network using zero-knowledge cryptography. Three Polygon Improvement Proposals (PIPs) have been released for community review and voting, which are scheduled to

Demex Daily #12: $TON Telegram Adds TON Crypto Wallet

What’s Interesting Today: Nearly three years after revealing its intention to create a Web3 ecosystem, Telegram has now added a crypto wallet developed on The Open Network (TON) blockchain. While the wallet is open to Telegram's vast user base of 800 million, it excludes users in the

Demex Daily #11: $SOL MetaMask Integrates Solflare for Solana Asset Management

What’s Interesting Today: Solana wallet Solflare has introduced a feature allowing MetaMask users to manage their Solana portfolios directly from their existing MetaMask wallets. Previously, Solana was incompatible with MetaMask, requiring users to create a separate wallet for Solana-based assets like SOL and NFTs. The integration aims to lower

Demex Daily #10: $AAVE Aave v3 Fork Introduces Decentralized Liquidity on Base Network

What’s Interesting Today: Ava Labs is currently running trials for its new HyperSDK upgrade on the Avalanche network and has recorded an impressive 143,322 transactions per second (TPS) in a managed test setting. These figures notably outperform the current TPS capacities of Avalanche, Solana, and Ethereum. HyperSDK enables

Demex Daily #9: $COIN Coinbase Boosts USDC Interest Rate to 5% to Spur Stablecoin Adoption

What’s Interesting Today: Friend.tech, a blockchain-based social networking platform, recently regained some of its lost momentum by hitting a 30-day revenue high of $5.6 million. This surge in revenue comes amid increased usage over the last two weeks, even after the initial hype around its launch faded.

Demex Daily #8: $XRP Ripple Collaborates with Elon Musk's SpaceX Partner on XRP Donation Initiative

What’s Interesting Today: Seven prominent DeFi enterprises have come together to establish the Tokenized Asset Coalition (TAC). The group's mission is to advance the use of public blockchains, the tokenization of assets, and DeFi on an institutional level. As part of its efforts, TAC will hold meetings