Topic

Crypto News

A collection of 337 articles

Demex Daily #75: Aave v3 Launches on Neon EVM, Enhancing Solana's DeFi Ecosystem

What’s Interesting Today: The deployment of Aave version v3 on the Neon EVM mainnet has been approved by the Aave DAO, a significant development for the DeFi sector in the Solana network, as reported on the Snapshot page. Marina Guryeva, the CEO of Neon Foundation, expressed enthusiasm about this

Demex Daily #74: Frax Finance Debuts FXB Bonds, Enabling Conversion to FRAX Stablecoin

What’s Interesting Today: Frax Finance has completed its v3 rollout with the introduction of Frax Bonds (FXB), tokens that can be exchanged trustlessly for 1 FRAX stablecoin at maturity. These bonds are being sold at a discount and have maturity dates of July 30, 2024, December 31, 2024, and

Demex Daily #73: Algorand's Dynamic Lambda Upgrade Reduces Block Times by 20%

What’s Interesting Today: Algorand, a layer-1 blockchain, has implemented the Dynamic Lambda upgrade, reducing block creation times by about 20%, with average block times now under three seconds. Announced on Jan. 17, this update enhances network throughput and performance. Since the upgrade, block interval times have averaged around 2.

Demex Daily #72: Ethereum's Dencun Upgrade Deployed on Goerli Testnet Targeting Q1 2024 Mainnet Release

What’s Interesting Today: Ethereum core developers have deployed the Dencun upgrade on the Goerli testnet, which includes proto-danksharding (EIP-4844). This test serves as a preliminary step before its expected launch on the Ethereum mainnet in the first quarter of 2024. The upgrade, which went live around 1:35 a.

Demex Daily #71: Solana Mobile Introduces Budget-Friendly Saga Chapter 2 Shipping in 2025

What’s Interesting Today: Solana Mobile has started preorders for its new smartphone, Saga Chapter 2, priced at $450, significantly less than its predecessor's $1,000 tag. The first Saga model gained popularity among crypto traders due to an included allocation of BONK tokens. This new device aims

Demex Daily #69: Strong Start for Bitcoin ETFs: BlackRock and Grayscale Lead in Trading Volume

What’s Interesting Today: The initial trading day for the new spot Bitcoin ETFs witnessed an impressive $4.5 billion in volume, exceeding initial forecasts. BlackRock's iShares Bitcoin Trust was a major player but ended the day 4.6% lower. Grayscale's Bitcoin Trust experienced a historic

Demex Daily #68: SEC-Approved Spot Bitcoin ETFs to Launch January 11

What’s Interesting Today: Bloomberg's ETF analyst James Seyffart reports that trading of spot Bitcoin ETFs is expected to start as soon as January 11, following the SEC’s green light for 11 of these ETFs. The effective status of S-1 prospectuses indicates they are ready for immediate

Demex Daily #67: SEC Compromised Twitter Falsely Announces Bitcoin ETF Approval

What’s Interesting Today: The Twitter account of the U.S. Securities and Exchange Commission (SEC) was recently compromised, leading to an incorrect announcement about the approval of a Bitcoin ETF. SEC Chair Gary Gensler corrected the situation, stating on his personal account that the SEC had not authorized any

Demex Daily #66: Grayscale Lowers Fees to 1.5% for Upcoming Bitcoin ETF and Expands Authorized Participants

What’s Interesting Today: Grayscale, managing $27 billion in assets, has announced a reduction in its management fee from 2% to 1.5% for its upcoming spot bitcoin ETF, as per their latest S3 filing. The company also introduced Jane Street, Virtu, Macquarie Capital, and ABN AMRO Clearing as new

Demex Daily #65: Celsius Unstakes Ethereum to Aid Creditors in Bankruptcy Case

What’s Interesting Today: Celsius Network, a bankrupt cryptocurrency lender, plans to unstake its Ethereum holdings to provide liquidity for creditor asset distribution. This significant unstaking event will occur soon, helping to offset costs from the company's restructuring process. Celsius had filed for Chapter 11 bankruptcy in July