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Demex Daily #126: Picasso Network Bridges Ethereum and Cosmos with First-Ever IBC Integration

What’s Interesting Today: The Picasso Network, based on Cosmos, has announced the first integration of the Inter-Blockchain Communication Protocol (IBC) with Ethereum, facilitating the first-ever seamless transfer of assets and data between the two networks. This move, which positions Osmosis as the primary hub for Ethereum assets

Demex Daily #125: Coinbase Adds Bitcoin Lightning Payments with Lightspark

What’s Interesting Today: Coinbase is partnering with Lightspark to integrate Bitcoin Lightning payments, aiming to reduce transaction fees by moving activity to Bitcoin's layer-2. Led by David Marcus, former PayPal president, Lightspark will help Coinbase enable faster and cheaper transactions for its 108 million users. The

A Beginner’s Guide to Layer 0, 1, 2 and 3

The world of blockchain can feel like a labyrinth at times. With new concepts and technical jargon emerging constantly, it's easy to get lost in the maze. But fear not, explorer! This guide will serve as your Ariadne's thread, helping you navigate the intricate layers that

Demex Daily #124: Ethena's ENA Launch Hits $1.2B Cap Amid Controversy and Strategy

What’s Interesting Today: Ethena's ENA token launched with a $1.2 billion market cap despite its controversial background and investor miscommunication. The protocol, aiming for decentralization and security, rewards ENA holders with governance rights and has introduced a complex stablecoin system using crypto as collateral, employing delta

Demex Daily #123: Telegram Adds Toncoin Payments for Ads & Shares Revenue with Owners

What’s Interesting Today: Telegram has introduced the option for users to purchase in-platform advertisements using Toncoin, aiming to enhance user monetization by sharing 50% of ad revenue with public channel owners. This feature allows users to promote their channels by selecting specific channels for their TON-powered ads.

Demex Daily #122: Litecoin Soars as CFTC Classification Sparks Bullish Market Response

What’s Interesting Today: Litecoin's price surged by 11% over 24 hours, becoming the second-best performer among the top 100 cryptocurrencies, following a statement by the Commodity Futures Trading Commission (CFTC) classifying it as a commodity. This classification, amidst a sluggish market, significantly boosts Litecoin's

Demex Daily #121: Ondo Finance Merges with BlackRock's BUIDL to Accelerate Tokenized Treasury Deals

What’s Interesting Today: Ondo Finance, overseeing $220 million in assets, plans to transfer the majority of its OUSG fund, valued at $88 million, into BlackRock's recently introduced BUIDL Fund, signaling a move towards the tokenization of securities. BUIDL, established on Ethereum, has rapidly accumulated $245 million in

Demex Daily #120: AltLayer Launches Staking and Speed-Optimized MACH Alpha

What’s Interesting Today: AltLayer has introduced a staking feature for its ALT token holders, enhancing the economic security of its ecosystem. This feature is part of AltLayer's development of MACH Alpha, a fast finality layer built on EigenLayer, aimed at addressing Ethereum's slow transaction finality

Demex Daily #119: Badger Launches eBTC for Zero-Interest Bitcoin Lending with Yield Benefits

What’s Interesting Today: Badger Finance has launched eBTC, a 0% interest Bitcoin lending protocol, using Lido's liquid staking token, stETH, as collateral to generate staking yield for both the protocol and borrowers. Users can borrow eBTC, a synthetic Bitcoin-pegged stablecoin, using Ethereum as collateral without paying

Demex Daily #118: TrueFi Launches Trinity for On-Chain Asset Revival with TRI Token

What’s Interesting Today: TrueFi has launched the Trinity protocol, targeting the on-chain real-world assets (RWA) market with its new dollar-based TRI token. This token is designed to enhance capital efficiency by allowing users to use collateral assets, like the tokenized tfBILL (representing short-term U.S.