The Maker Decentralized Autonomous Organization (MakerDao) has proposed raising interest rates on its DAI stablecoin. Under the proposal, the DAI Savings Rate (DSR) will rise from 1% to 3.3%. If the proposal passes, its consequences […]
Key Takeaways Uniswap has surpassed $1 trillion in cumulative trading volume. Three and a half years after its launch, Uniswap is still one of the top protocols in DeFi. Impressive volume and total value locked […]
Nanjing has launched the China Metaverse Technology and Application Innovation Platform. The platform will be managed by the Nanjing University of Information Science and Technology (NUIST). The platform is aimed at bolstering research efforts in […]
Key Takeaways Avalanche has submitted a proposal to the ApeCoin DAO offering to help it move its Otherside Metaverse on its own custom Subnet. According to Avalanche, moving Otherside to an Avalanche Subnet would allow […]
The organizations behind Algorand (ALGO), Solana (SOL), and Polygon (MATIC) have joined forces to create a new 50 million USD cross-chain investment fund. The fund manager, Borderless Capital, launched the Cross-Chain Ecosystem Investment Fund on […]
The new platform is designed to give users more control over their data and identity Web5 is also targeted at making it easier for developers to build decentralised applications. The platform is powered by the […]
Key Takeaways Jack Dorsey’s TBD has announced that it will build a decentralized web platform on top of Bitcoin called Web5. Whereas Ethereum and Web3 have focused on tokenization, Web5 will largely focus on identity […]
Key Takeaways Cardano has postponed its Vasil hardfork upgrade to the last week of July. Input Output Global, the company behind Cardano, cited seven bugs as the reason for the delay. The Vasil hardfork is […]
Today marks 240 days since an event the Ethereum community has come to know as “the merge.” And its effects on the total ETH supply are clear. Arguably the most significant upgrade in its history, […]
China is looking to train 500,000 blockchain professionals following the launch of a new national blockchain research center. The recently inaugurated research center in Beijing is endorsed by the Chinese Ministry of Science and Technology. […]
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