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Demex Daily #21: $TIA Celestia to Roll Out TIA Token After $55M Raise What’s Interesting Today: Swarm and Wrapped.com have partnered to enhance Wrapped's services for transferring cryptocurrencies between different blockchain networks. The partnership focuses on using Swarm's regulated environment to add an extra layer of security and legitimacy to Wrapped.com's asset transfers. This
Demex Daily #20: $PRISMA Prisma Finance Hits $30M in New Stablecoin Launch What’s Interesting Today: Prisma Finance, an emerging decentralized finance (DeFi) lending platform, has rapidly garnered $30 million in mkUSD, a stablecoin underpinned by liquid staking tokens known as LSTs. The platform was launched on the first of September with a "guarded launch" strategy to incrementally raise the
Demex Daily #19: $BTC ZeroSync Creates Bitcoin's Initial Zero-Knowledge Light Client to Boost Speed and Privacy What’s Interesting Today: Google Cloud is expanding its BigQuery program to include data from 11 additional blockchain networks such as Polygon, Optimism, Polkadot, Avalanche, Arbitrum, NEAR, and Tron. The program, which is designed for various coding skill levels, provides a "serverless and cost-effective enterprise data warehouse"
Demex Daily #18: $LINK Chainlink Partners with Arbitrum to Improve Cross-Chain Apps What’s Interesting Today: The Open Network (TON) Foundation has joined forces with Chainbase and Tencent Cloud to simplify blockchain development and accelerate Web3 adoption in the Asia-Pacific region. Tencent Cloud will provide reliable computing resources and network support, particularly for web apps and bots in Telegram. Chainbase will
Telegram’s Web3 Wallet On Ton Blockchain The integration of the Web3 wallet on the Telegram app on the TON blockchain is a monumental step towards broader crypto adoption. Demex's launch of the TON-PERP market amplifies the trading opportunities within the crypto space for traders.
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
FTX’s Mass Liquidation FTX, a once $32 billion crypto exchange, recently gained court approval for a massive $3.4 billion liquidation of assets, including Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). Meanwhile, founder Sam Bankman-Fried will face the court and public scrutiny for the collapse.
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