Ho Chang Jun

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

Demex Daily #7: $TON Foundation Plans Roadmap for Q4 2023

What’s Interesting Today: The Open Network Foundation (TON Foundation), responsible for the TON blockchain, has registered as a Swiss non-profit organization. Initially created by messaging app Telegram, TON is a proof-of-stake blockchain platform for Web3 applications. As a Swiss non-profit, the foundation will focus on ecosystem development and transparency,

Demex Daily #6: $ENJ Enjin's Upcoming Blockchain Launch Spurs 21% Surge in ENJ Token

Top Gainer - Enjin (ENJ): ENJ, the cryptocurrency of the Enjin platform, saw a 21% price jump within the last 24 hours, triggered by the announcement of the forthcoming launch of its Enjin Blockchain. Established in 2009, Enjin facilitates the development of virtual goods on the Ethereum blockchain, aiming to

Demex Daily #5: $XLM Stellar Jumped 10% Amid Strategic Partnerships

Top Gainer - Stellar (XLM): The price of Stellar (XLM) increased by 10% in the past 24 hours, reaching a weekly high of $0.125 and a market cap of $3.4 billion. This surge comes after a social media post by Stellar hinted at "something cool" being

Demex Daily #4: $DOGE $BTC Robinhood Wallet Now Supports Bitcoin and Dogecoin

What’s Interesting Today: Robinhood Wallet has added support for Bitcoin (BTC) and Dogecoin (DOGE), six months after its initial launch. The self-custody wallet will allow users to hold and send these cryptocurrencies, and the company hinted at future support for more assets. Robinhood users can also interact with various

Demex Daily #3: $MKR MakerDAO Soars After Adjusting Lending Rates

Top Gainer — MakerDAO (MKR) Today’s outperformer is MKR, which rose 12.6% in the past 24 hours after the platform adjusted its lending rates. MakerDAO (MKR), launched in December 2017, is a decentralized lending platform on Ethereum that uses its stablecoin, Dai, for loans. Users deposit Ethereum to receive

Demex Daily #2: $ATOM Cosmos Hub Liquid Staking Module

What's Interesting Today: The Cosmos Hub is in the process of voting on a new feature, known as the Liquid Staking Module (LSM), which is designed to enhance the liquidity of the network and permit the instant utilization of 25% of the staked ATOM tokens for decentralized finance

Demex Daily #1: $PYTH $STX Stacks Integrates Pyth

Top Gainer — Stacks Blockchain (STX) Today’s outperformer is STX, which surged 18.3% in the past 24 hours after recently integrating with Pyth Network and launching Pyth Oracle on Stacks. Stacks Blockchain (STX), launched in January 2018, is focused on enhancing Bitcoin by adding smart contracts and decentralized apps