Topic

Crypto News

A collection of 391 articles

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" for

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 offer

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 avoid

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 Protocol

Demex Daily #14: $ETH Ethereum Introduces Holešky Testnet

What’s Interesting Today: Ethereum has rolled out a fresh testnet named "Holešky," equipped with an opening supply of 1.6 billion Ether (HETH) to aid in staking, and the development of both infrastructure and protocols. This introduction serves as a solution to the shortcomings of the older

Demex Daily #13: $MATIC Polygon Initiates 2.0 Transition: MATIC-to-POL Conversion and L2 Scaling

What’s Interesting Today: Polygon has introduced the first set of improvement proposals to transition to its new Polygon 2.0 ecosystem, aimed at creating an interconnected layer-2 Ethereum network using zero-knowledge cryptography. Three Polygon Improvement Proposals (PIPs) have been released for community review and voting, which are scheduled to