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Sonic SVM Opens $1M Hackathon Ahead of Mainnet Launch

[Feb 17 9:32 PM] Sonic SVM, Solana’s first chain extension, officially announced today its $1M hackathon, designed to spur native decentralized application development ahead of its main net launch on Feb. 27, 2025. New York-Based Sonic SVM Announces…

Lido V3 Enhances Ethereum Staking With Customizable Vaults 

[Feb 11 9:45 PM] Lido, a decentralized protocol enabling liquid staking on Ethereum, has released Version 3 (V3) of its infrastructure, centered on stVaults. These modular vaults allow users to customize staking parameters, including validator selection, fee…

Uniswap Launches Unichain Mainnet to Boost Defi Efficiency 

[Feb 11 8:15 PM] Uniswap Labs has launched Unichain Mainnet, a decentralized blockchain designed to reduce transaction costs and accelerate decentralized finance (defi) operations. Decentralized Rollup Unichain Goes Live, Targets Defi Scalability The Ethereum layer…

Confidence Shaken: Value Locked in Defi Endures a $15B Blow 

[Feb 8 7:30 PM] The past seven days have proven tumultuous for digital assets, with decentralized finance (defi) protocols hemorrhaging 12.71% of their locked capital. From the twilight hours of Jan. 31 through Feb. 7, 2025, a staggering $15.088 billion evaporated…

Balancer V3 Debuts on Arbitrum Featuring Boosted Pools System

[Feb 7 10:45 PM] Balancer claims that this new development will allow for more effective utilization of the funds in these pools on Arbitrum as part of its version 3 (v3) launch, automatizing their management to maximize yield. The new version also includes more…

1inch Elevates Cross-Chain Trading via ZKsync Alliance  

[Feb 6 8:40 PM] 1inch has woven ZKsync into its cross-chain swap architecture, empowering users to exchange assets across networks with accelerated processing and minimized fees. ZKsync Joins 1inch’s Cross-Chain Ecosystem This upgrade aims to amplify 1inch’s…

Lightning Companies Are Raising Again: This Is Good for Bitcoin

[Feb 6 6:04 PM] Recently, Flashnet announced that it had raised a $4.5m seed round, led by Abstract Ventures with participation from UTXO Management and others. Follow GG on X Flashnet is a Bitcoin native DEX based on Spark (a Bitcoin L2 designed between the…

USDT0 Launches on Arbitrum With 1:1 Backing, Faster Transfers 

[Jan 29 9:30 PM] Tether has upgraded its USDT stablecoin on Arbitrum to USDT0, a cross-chain compatible asset backed 1:1 by Ethereum-based USDT reserves. Tether Transitions Arbitrum USDT to USDT0 Tether says the upgrade automatically converts existing Arbitrum USDT…

Report: ‘Solana Is Drinking the Ethereum Milkshake’

[Jan 29 8:30 PM] Cryptocurrency exchange OKX says “Solana’s meteoric ascent redefined the potential of Web3,” in its 2025 “State of DEXs” report. Solana Is Surging While Ethereum Is Fighting for Relevance Says OKX When it comes to dominating volume on decentrali

Thorchain Faces Insolvency, Halts Redemptions

[Jan 24 10:30 PM] Node operators voted to temporarily suspend redemptions for the platform’s decentralized finance (defi) offerings, but core developers claim it’s business as usual for all other aspects of the network. Thorchain Teeters on the Edge of Insolvency…

Avant Launches Defi-Native Stablecoin Pair on Avalanche

[Jan 24 9:30 PM] The tokens use sophisticated delta hedging market strategies to generate double-digit yields for investors. Yield-Focused Stablecoins Debut on Avalanche Defi platform Avant launched its yield-focused stablecoin pair AVUSD and SAVUSD on the…