In a surprising turn of events, Changpeng Zhao (CZ), the CEO of Binance, announced his resignation and pleaded guilty to violating U.S. anti-money laundering requirements.
Demex takes center stage with its launch of the PYTH Perpetual Market as a Pre-Launch Market. This innovative trading instrument allows crypto traders to seize early opportunities with the highly anticipated Pyth Network ($PYTH) token before its official launch.
Pyth Network is a game-changer, reshaping the landscape of decentralized finance (DeFi) through precise and real-time market data delivery. Positioned at the forefront of this revolution, Pyth Network transcends Solana, leveraging Wormhole tech for seamless data transfer across chains.
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
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,
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
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
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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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