Tea Protocol Launches $250,000 Grants for Open Source Developers – Chainwire housenewsroomTea Protocol Launches $250,000 Grants for Open Source Developers We use cookies to make your experience on Chainwire’s website better. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user or for the sole purpose of carrying out the transmission of communications over an electronic communications network. Technical storage or access is necessary for…
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EigenLayer, an Ethereum-based re-staking protocol, has surpassed Uniswap, the leading decentralized exchange (DEX) on the Ethereum network, in total value locked (TVL).EigenLayer has emerged as the best-performing decentralized finance (DeFi) protocol over the past month, according to data from DeFillama. TVL has surged 171% in the last seven days alone, reaching $5.67 billion, making it the 5th largest DeFi protocol.EigenLayerTVL. (Source: DeFillama)In contrast, Uniswap saw its TVL increase by 6% over the same period, reaching $4.31 billion. Other major DeFi protocols such as Lido, Aave, and Maker have also seen relatively modest growth rates of less than 10%.Meanwhile, EigenLayer’s surge…
Pioneering the Future: AI Powerhouse O2T’s $888,000 Giveaway – Fetch.AI (FET) Joins the Competition In an era where artificial intelligence (AI) is changing the landscape of cryptocurrency trading, Option 2 Trade (O2T), a new entrant into the AI trading space, has announced an incredible $888,000 sweepstakes. This move not only solidifies Option2Trade’s (O2T) position as a 100x AI powerhouse, but is also causing quite a stir among the AI cryptocurrency community, especially Fetch.AI (FET) investors. As the rumors grow, the question on everyone’s lips is: How are Fetch.AI (FET) investors getting involved and what does this mean for the future…
Binance’s Inscription Landscape Exploration report discusses three protocols that could further expand Bitcoin’s (BTC) presence into the non-fungible tokens (NFTs), decentralized finance (DeFi), and tools sectors. In 2023, the Bitcoin ecosystem has seen revolutionary growth through the rise of inscriptions and BRC-20 tokens, which have redefined the functionality of the network. These developments have had a major impact on trading activity and fees on the Bitcoin network, fueling a market resurgence and sparking a speculative frenzy reminiscent of meme coins. 3 protocols that could change the Bitcoin network The Bitcoin inscription is still emerging, but it has expanded into a…
Five Republican senators accused the SEC of unethical conduct in a lawsuit against Digital Licensing, highlighting concerns about enforcement practices in the cryptocurrency sector. The U.S. Securities and Exchange Commission (SEC) has become the center of controversy by filing a lawsuit against digital licensing operated by ‘Debt Box’. The case took an unexpected turn when the SEC admitted that the filing in the U.S. District Court for the Northern District of Utah was “not accurate and candid.” That admission prompted a request from the court to dismiss the case, which later drew significant criticism from five Republican senators. In a…
Due to increased liquidity from STIP, Arbitrum’s TVL reached $2.7 billion. Active addresses and development activity have decreased. Four months after Arbitrum’s (ARB) Short-Term Incentive Program (STIP), Total Value Locked (TVL) has hit another all-time high. Arbitrum’s TVL was $2.7 billion, according to analysis from AMBCrypto’s Artemis dashboard. For those unfamiliar, TVL measures the overall health of a DeFi protocol. To arrive at this value, the metric looks at the total value of digital assets locked in a particular network. More Liquidity, More Control Simply put, a decrease in TVL means lack of liquidity in the protocol. This also means…
January 31st What is Jupiter (JUP)? Posted at 14:32h in education, tokens by admin Jupiter is one of the most popular platforms on the Solana blockchain in decentralized finance (DeFi), and has recently become the most popular DEX integration platform in the world. It has established itself as an important liquidity aggregator responsible for pooling resources to ensure more efficient and effective token exchanges, perpetual futures, and decentralized stablecoin management. Jupiter’s original focus was to position itself similarly to platforms that fulfill a similar role on Ethereum by pooling liquidity for token swaps. However, we have recently expanded our offering…
Less than a month after trading began, the nine newly created spot Bitcoin exchange-traded funds now hold more than 200,000 units. BTC +6.20% Assets under management – excluding Grayscale’s converted GBTC funds.According to K33 Research, the nine new ETFs had amassed 203,811 ($9.5 billion) as of yesterday’s close. ETFs launched on January 11 include BlackRock (IBIT), Fidelity (FBTC), Bitwise (BITB), Ark 21Shares (ARKB), Invesco (BTCO), VanEck (HODL), Valkyrie (BRRR), and Franklin Templeton (EZBC). there is. and Wisdom Tree (BTCW).To put this in context, the newly created ETF now holds almost 1% of Bitcoin’s total supply of 21 million BTC. This…
London, UK, February 9, 2024, Chainwire Bitcoin Dogs will become a part of cryptocurrency history with the first ICO on the Bitcoin blockchain launching on February 14, 2024. The pre-sale of the native token, $0DOG, will only run for 30 days, with an end date of March 15, 2024, when it will become available for trading. The $0DOG coin comes with an immersive metaverse GameFi experience and an NFT collection, both available exclusively to token holders. The sale will begin in phase 1 at a price of $0.015 per token, with the price automatically increasing every 72 hours thereafter. In…
Special thanks to Sacha Yves Saint-Leger and Joseph Schweitzer for their reviews. Sharding is one of the many improvements that eth2 has over eth1. The term is borrowed from database studies, where a shard refers to a part of a larger whole. In the context of databases and eth2, sharding means dividing the storage and computation of an entire system into shards, processing the shards separately, and combining the results as needed. In particular, eth2 implements many shard chains, with each shard having similar functionality to the eth1 chain. This improves large-scale scaling. However, eth2 has a lesser-known type of…