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Liquid Restaked Tokens and The Rise of LRTFi

Liquid re-staking is shaking up the DeFi space, offering flexibility and higher returns. Re-staking, pioneered by EigenLayer, boosts earnings by reinvesting rewards and increasing yield. EigenLayer's approach streamlines network security and reduces costs for DeFi developers, promoting innovation.

Demex Lite Mode: Simplify Crypto Trading Anytime, Anywhere!

Introducing Demex Lite Mode! Trade any spot or perpetual market on the go, and experience lightning fast trades.

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.