Wowmax is a DeFi platform that merges decentralized exchange (DEX) aggregation with onchain copy trading, allowing users to follow successful wallets using smart contracts and community tools. Crypto trading can be challenging, with many traders facing losses; studies show that around 95% of day traders in traditional markets fail. In the cryptocurrency space, the outlook […]
The Curve Finance decentralized autonomous organization (DAO) is currently voting on a plan that may create new ways to earn money for the protocol and its community. The idea, announced in August by the founder Michael Egorov, suggests setting up a $60 million credit line of crvUSD for Yield Basis. Voting started on Wednesday, and […]
Velo Protocol has announced the development of Orbit Plus, a new Super App aimed to change how users and businesses interact with tokenized assets and stablecoins. This app is a key advancement in Velo’s plans and is created in collaboration with EVOLVE and Lightnet Group. Together, they are working to convert traditionally hard-to-sell assets, like […]
Coinbase’s Base layer-2 network might soon introduce its own token, as creator Jesse Pollak mentioned during the BaseCamp event. Base explained that this new token could help with decentralization and provide more opportunities for builders and creators. “We are just starting to look into this, and we don’t have any details about timing, design, or […]
Polkadot’s organization that makes decisions without central control approved a vote that limits the total amount of its token for the first time. The new maximum is set at 2.1 billion Polkadot tokens, which is a big change from the previous system that allowed new tokens to be created endlessly each year. In the older […]
Velvet is a decentralized finance (DeFi) operating system that uses artificial intelligence (AI) to simplify on-chain trading, portfolio management, and strategy creation across multiple blockchains. It aims to make DeFi more accessible for both new and experienced users by addressing common challenges like fragmented liquidity and complex interfaces. Here’s a breakdown of its key features […]
Avalanche Foundation, a nonprofit organization behind the cryptocurrency Avalanche, is reportedly raising $1 billion to launch digital asset treasury projects and accumulation projects. Avalanche Foundation is in active discussions with investors to launch a digital asset treasury company and convert another company into a “crypto-hoarding” vehicle, the Financial Times reported on Thursday, citing sources familiar […]
NFT marketplace and trading platform OpenSea on Monday said that it launched a $1 million reserve dedicated to buying culturally relevant non-fungible tokens (NFTs). OpenSea kicked off its NFT reserve by buying a piece of digital art from the CryptoPunk collection — widely considered Ethereum’s first NFT profile picture (PFP) collection. “For us, culturally relevant […]
MegaETH, an Ethereum layer-2 protocol backed by Vitalik Buterin, announced the upcoming launch of a yield-bearing stablecoin that might give it a different business model than traditional L2s, which drive revenue through transaction fees. The stablecoin, USDM, is being developed in partnership with Ethena, an algorithmic stablecoin protocol with $13 billion in total value locked […]
Pokémon trading cards are being considered for large-scale tokenization on the blockchain, which could significantly impact the $21.4 billion market. Bitwise research analyst Danny Nelson believes this shift is similar to what Polymarket achieved for prediction markets, marking a breakthrough for cryptocurrency in mainstream applications. While real-world asset (RWA) tokenization has expanded to a $28.2 […]