7 / 14 Relevant items tagged with #DecentralizedFinance

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Transak Lists Paypal’s PYUSD for Easier Crypto Access

[Jun 18, 2024 11:22 AM] According to an announcement, the Web3 and crypto firm Transak listed Paypal’s stablecoin, paypal usd (PYUSD), on its platform. This integration allows users to purchase PYUSD using various local payment methods, aiming to simplify the…

The Memecoin Frenzy Has Ignited a Scalability Arms Race

[Jun 9, 2024 4:26 AM] Following a spell of TradFi breakthroughs, all-time highs, and intense optimism in the crypto industry, selling pressure across most major cryptocurrencies are slowly beginning to ease, with trading volumes submitting to more tenable growth levels…

Starkware Aims to Scale Bitcoin Using Zero-Knowledge Technology

[Jun 4, 2024 8:40 AM] Starkware, known for its work on Ethereum scaling solutions, announced plans to apply its zero-knowledge technology to Bitcoin. The initiative aims to enable mass-use of Bitcoin, targeting scalability that could support global daily transactions…

Shibarium’s New Checkpoint Mechanism Cuts Ethereum Bridging Time

[May 30, 2024 12:02 PM] The Shiba Inu (SHIB) network development team has dramatically improved the Shibarium network, according to a post from the Shibarium network’s X account. The work reduces the token bridging time to Ethereum from seven days to roughly 45 minutes…

Liquid Staking Derivatives See 110,000 ETH Inflow Over 12 Days

[May 29, 2024 9:14 AM] While liquid staking protocols experienced a brief period of withdrawals, the past 12 days have seen liquid staking derivatives (LSDs) platforms gain 110,000 ether valued at $417.59 million. Swell Experiences Decline as Lido and Others See ETH…

Makerdao Reveals Ambitious Endgame Plans With 2 New Stablecoins 

[May 19, 2024 12:33 AM] Makerdao, a leading decentralized finance (defi) protocol, has revealed new concepts to its Endgame plan, introducing two new stablecoins: newstable and puredai. This strategic initiative aims to replace the existing DAI stablecoin and bolster the…