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Crypto News

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Demex Daily: Grayscale's Solana Trust Soars to Unprecedented 784% Premium Amid Rising Institutional Interest; THORChain Rises to Third-Largest DEX with RUNE Surging 50%, Outperforming Major Competitors

What’s Interesting Today: Grayscale's Solana Trust (GSOL) shares have surged to a staggering 784% premium over the actual Solana (SOL) price, with GSOL trading at $202 compared to SOL's $59. This unprecedented premium, much higher than the 43% peak for Grayscale's Bitcoin Trust (GBTC) in 2019, signifies strong institutional
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Demex Daily: Polygon and Near Partner to Launch 'zkWASM' Prover, Advancing Multichain Integration and Introducing New POL Token; Linea Launches DeFi Voyage Campaign to Educate Users and Engage in Decentralized Finance

What’s Interesting Today: Polygon Labs and Near are collaborating to develop "zkWASM," a zero-knowledge prover for Web Assembly (WASM) based blockchains, facilitating their integration into the Polygon ecosystem and potentially enhancing connectivity with the Ethereum network. Scheduled for release next year, this tool aims to increase liquidity and decentralization,
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Demex Daily: SK Telecom Expands Web3 Horizons with Aptos and Atomrigs Lab for T Wallet Development; Nil Foundation Unveils '=nil;' as Ethereum's First ZK Rollup with Sharding for Enhanced Scalability

What’s Interesting Today: SK Telecom, South Korea's largest mobile carrier, has announced a partnership with Aptos and Atomrigs Lab to develop its T wallet, a web3 wallet service. This collaboration aims to enhance T wallet's integration with popular mainnets and decentralized applications. Notably, the partnership with Aptos marks SK
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Demex Daily: Blockchain Governance Platform Llama Secures $6M Seed Funding to Innovate Role-Based Protocol Management; Arbitrum Community Vote Unleashes Staking Plan, Propelling ARB Token Price to $1.13 Amidst Governance Developments

What’s Interesting Today: Llama, a smart contract platform focused on improving blockchain governance, has raised $6 million in seed funding from several investors, including the founders of Polygon and Aave. The platform's goal is to enhance the governance of blockchain protocols by allowing the encoding of role-based functions and
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Demex Daily: ARTA TechFin and Chainlink Partner to Launch Regulated, Interoperable Fund Tokens with Enhanced Transparency; Voyager Digital's VGX Token Value Surges 20% as $7.3 Million Worth of Tokens Burned, Cutting Supply by 30%

What’s Interesting Today: ARTA TechFin, a financial services firm from Hong Kong, is partnering with Chainlink to issue regulated fund tokens on various blockchain networks. Utilizing Chainlink's decentralized platform, these tokens will benefit from cross-chain interoperability, reliable hourly updates of net asset value (NAV) via data feeds, and transparent
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Demex Daily: Render Network Shifts to Solana, Dedicates $2.6M to User Fee Subsidies Amidst Transition; Major GameFi Titles Line Up for Immutable's Upcoming Ethereum Layer 2 Rollout

What’s Interesting Today: Render Network, a decentralized GPU rendering platform, is transitioning from Ethereum to Solana to benefit from higher throughput and lower transaction costs. To ease the upgrade process, Render has set aside 1.14 million RNDR tokens (worth approximately $2.6 million) to subsidize user fees. The
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Demex Daily: Starknet Rewards Early Contributors with Locked Tokens, Delays Public Launch; Aave Takes Action to Stabilize GHO Stablecoin Using Maverick Protocol and New Incentives

What’s Interesting Today: The Starknet Foundation has set aside 50 million locked STRK tokens to reward its early supporters, even though these tokens won't be available for trading until April 2024. Built on Ethereum, Starknet is a Layer-2 blockchain network focused on enhancing scalability and reducing operational costs. To
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