> Weekly Spotlights - Week 46/2024
Featuring:
- Union Protocol
- Deepworm
- Omega Labs
- Zerebro
- Laika
- Bio Protocol
- Pre Rich
- Bion App
- Cytonic
https://x.com/eli5_defi/status/1855268384260428111?t=zQ3KwdIgEzDp4ytw3xcocw&s=19
Eli5DeFi News Recap
Support us by subscribing :
Eli5DeFi X | Telegram | Farcaster | Newsletter (Relaunch Soon)
————
⭐️HIGHLIGHTS ⭐️
> Bitcoin - Surges Past $77,000 as VanEck CEO Predicts $300,000 Potential
> Tether - Investments Finances First Middle Eastern Crude Oil Transaction
————
⭐️ELI5 THREAD ⭐️
> Maximize Your BTC (Feat. Pendle and Infinit)
> SolvBTC Ecosystem Map
————
⭐️ NEWS
> Ethereum Rollup Security - A Framework for Risk Assessment and Solution Pathways
> Crypto AI Market Report - Week of November 8th, 2024 - GRASS Soars, Trump's Win Impacts Market
> TAO Times - Focus-2-Earn App Launch, Subnet Limit Increase to 64, and Ecosystem Developments
> JPMorgan - Remains Bullish on Block Despite Disappointing Q4 Forecast
> Crypto Trader Cobie - Burns $17 Million Memecoin, Sends a Message to Creators
> Bitcoin ETF - Hit Record $1.4 Billion Daily Inflows Drive Crypto Market Rally; Ethereum Foundation Reveals Holdings
> Polymarket - Open Interest Plunges 64% Post-US Election
> SEC - Delays Decision on Spot Ethereum ETF Options for Second Time
> CoinDesk 20 - Index Daily Update: ADA and POL Lead, BCH and RENDER Lag
> Ethereum Foundation's Treasury - Shrinks 39%, Report Reveals New Conflict of Interest Policy
> J.P. Morgan x Zama - Partner to Bring Confidential Asset Tokenization to fhEVM
> EIP-7809: Native Tokens for the Ethereum Virtual Machine
> WLFI - Sales Lag Behind Market Surge After Trump Win
> Ethereum Devcon - Milestone: 200th ACD Call Highlights Mekong Testnet and Pectra Upgrade
> Synthetix - Acquires Kwenta: Unifying DeFi Strategies and Deprecating KWENTA Token
> Solana Validator - Revenue Surges Past $30 Million Daily as SOL Price Rebounds
> Jerome Powell - Defies Trump: Fed Chair's Firm Stance Amidst Political Uncertainty
———
⭐️ BOOKMARKED
> Expansion Pod - Eclipse Launch & Crypto's Future
> Tim Craig - Dan Gallagher: Trump's Top Pick to Lead the SEC and Reshape Crypto Regulation
> The Rollup - Memecoins, Macro, and AI: A Crypto Conversation with Arthur Hayes & Murad Mahmudov
> Vance Spencer - Framework Ventures Defends Maker's Sky Rebrand: "Too Early to Judge"
> John Reed Stark - Trump's Election Signals End of SEC's "Crypto War"
> Equilibrium Research - 9+1 Open Problems in Blockchain Privacy: Engineering Challenges and Solutions
> Presto Research - Hyperliquid: A Comprehensive Analysis of a High-Performance Blockchain and its Potential
> Flashbots - Ensuring Trust in Hardware: Validating Secure Supply Chains
> db - Robinhood's Legal Chief Frontrunner for SEC Chair if Trump Wins
> Steady Lads Podcast - Bitcoin at ATH: Silly Season or New Era of Utility?
> rm/design-ourobors">RM - From Linear to Living: How Generative AI is Reshaping the Design Process
> signumcapital/signum-newsletter-20">Signum Capital Newsletter - Navigating the Multichain Landscape: AI Agents, Innovative Projects, and the Future of DeFi
> YB - Terminally Onchain October Roundup: LLMs, Memecoins, and the Future of Crypto Marketing
> eric.eth - Ethereum Foundation 2024 Report: Key Findings and Community Discussion
> Ansem - From $3k to $1.5M: A Crypto Trader's Journey and Risk Management Lessons
> Geoff Kendrick - Republican Sweep Could Triple Crypto Market Cap by 2026
> Coinbase Analysts - Predict Bullish Crypto Market in 2025 Driven by Trump's Policies and Memecoin Boom
————
⭐️ FUNDING⭐️
> BIO Protocol - Undisclosed Strategic Investment
> Jugemu - $1M Unknown Round
> SkyX - $1M Pre-seed Round
> Rekt Brands - $1.5M Seed Round
> Pond - $7.5M Seed Round
> Pharos - Raises $8 Million
————
⭐️ TESTNET/ AIRDROP⭐️
> N/A
SOON Testnet Goes Live: Introducing the First Decoupled SVM Rollup on Ethereum
The SOON Testnet, the first real SVM rollup using Decoupled SVM, is officially launched
> Decoupled SVM offers reduced data availability costs, enhanced security with fault proofs, and distributed execution for horizontal scaling
> The Testnet currently boasts 30,000 TPS and a 50ms block time, with further performance improvements expected
> SOON Testnet is a crucial step towards realizing the Super Adoption Stack (SAS), a vision for a fully interoperable blockchain future
> SOON is collaborating with Anza, a Solana Labs spin-off, on upstreaming Decoupled SVM modifications
> The SOON Mainnet, built on Ethereum and also using Decoupled SVM, will be launched soon
> Resources such as a bridge, explorer, RPC node, and faucet are available for developers and users
Flare x Red Date Technology Pilot Program Bridges China and Hong Kong Stablecoin Markets
Flare and Red Date Technology are conducting trials enabling mainland Chinese residents to buy stablecoins issued by IDA in Hong Kong
> The trials utilize the China Real-Name Decentralized Identifier System (RealDID) for anonymous registration while adhering to Chinese real-name laws
> The trials involve anonymous registration on a regulated stablecoin app and purchasing tokenized financial products with the stablecoin
> RealDID allows anonymous registration for companies and platforms while meeting Chinese real-name compliance requirements
> Major stablecoins like Tether and Circle's US dollar stablecoins are not included in these trials
> SolvBTC Ecosystem Map
https://x.com/eli5_defi/status/1854902709763346863?t=W3wNAl3Ge6H17u2AMQkXTg&s=19
Maximize Your BTC (Feat. Pendle and Infinit)
https://x.com/eli5_defi/status/1854811360133349690?t=WwwccX1lqrBMkW1b-q3yhA&s=19
TRON's SmartCon Triumph: Silver Sponsorship, Chainlink Integration, and Ecosystem Growth
TRON, a leading blockchain network, partnered with Chainlink at SmartCon, integrating Chainlink Data Feeds for enhanced security and reliability of its DeFi applications
> TRON DAO was a Silver Sponsor at Chainlink's SmartCon
> This integration will secure TRON's JustLend and JustStable DeFi applications, boasting over $6.5 billion in TVL
> TRON boasts over 270 million accounts and 8.8 billion transactions
> TRON achieved record-high quarterly protocol revenue of $577 million in Q3 2024
> TRON's future initiatives include a Bitcoin Layer 2 solution and gas-free stablecoin transfers
> TRON is the largest host of USDT stablecoin globally
Eli5DeFi News Recap
Support us by subscribing :
Eli5DeFi X | Telegram | Farcaster | Newsletter (Relaunch Soon)
————
⭐️HIGHLIGHTS ⭐️
> Bitcoin - Hits New All-Time High, Fueled by Trump Win and Expected Fed Rate Cut
> Detroit - Become Largest US City Accepting Crypto for Taxes
> Ether - Price Could Rally Above $3,000 Following Fed Rate Cut
> Eclipse - Launches Novel Layer-2 Blockchain, Merging Ethereum and Solana Technologies
> Coinbase - Launches cbBTC on Solana, Aiming to Boost DeFi Activity
> Dune Dashboard - Tracks $2.5 Billion in Crypto Crime
> The Federal Reserve - Lowers Interest Rates by 25 Basis Points to a Range of 4.5-4.75%
————
⭐️ELI5 THREAD ⭐️
> SuiNS - Leading Decentralized Name Services on Sui
> Relend - Lend, Relend, Repeat
> Symphony - The Chain Agnostic Network
————
⭐️ NEWS ⭐️
> Polygon x Magic Labs - Launch Cross-Chain Network 'Newton' to Break Down Blockchain Silos
> Dean Skurka - Kidnapped, $1 Million Ransom Paid: Crypto Industry Faces Growing Security Risks
> MakerDAO - Skyward Flight: Rebranding Amidst Community Debate and Ambitious Endgame
> Arrakis Pro - The Onchain Market Making Solution Revolutionizing DeFi Token Issuance
> Starknet - The Next-Gen L2 Achieving Web2-like UX with Unmatched Performance
> Infrared - Maximizes Berachain's Economic Utility
> Coinbase & Base - Q3 2024 Performance Overview: Financial Analysis and Market Outlook
> Aptos Connect - Seamless Account Management & Secure Asset Viewing
> Aerodrome - The Meteoric Rise of Base's Dominant DEX
> Blockstream - Opens an R&D Center in Lugano, Switzerland to Foster Bitcoin Innovation on Liquid and Lightning Networks
> UK House of Lords - Backs Digital Assets Bill, Calls for Clarity from New Government
> World Liberty Financial - $30 Million Gamble: A Non-Transferable Token and a Slowing Sale
> Former FTX's Gary Wang - Seeks Leniency in Sentencing, Citing Less Involvement Than Other Executives
> Galaxy Digital - Pivots to AI: 800MW Mining Capacity Converted to High-Performance Computing
> French Regulator - Investigates Polymarket After Massive Election Bet Win
> Gensler - Crypto Stance and Trump's Plan for the SEC: A Looming Showdown
> StarkWare x Bitcoin Developers - Collaborate on Groundbreaking Covenant Techniques
> ColliderScript - A Novel Approach to Bitcoin Covenants
> French Polymarket “Théo” - Makes $79 Million on US Election Bets Amidst Potential Platform Ban
> Coinbase Premium - Turns Positive, CME Futures Hit Record High
> Ethereum OG Vinay Gupta - Aims to Bring UK's Crypto-Friendly Policies to the US
———
⭐️ BOOKMARKED
> Teng Yan - The Dawn of Crypto's AI Revolution
> Equillibrium - Open Problems in Blockchain Privacy: Engineering Challenges and Solutions
> degentokenbase/a-frustrated-migration?s=35">Degen - DEGEN L3 Migration: A Technical Breakdown and the Conduit Dispute
> Jason Leibowitz, Sarah Morton - Trump's Crypto Vision: A New Era of Regulatory Clarity and DeFi Growth?
> Felix Jauvin - Trump Win Sends Bond Yields Soaring, Posing Dilemma for Fed
> him/the-pygmalion-effect">abradeux - The Pygmalion Effect and the Rosenthal Effect: Understanding the Self-Fulfilling Prophecy Mechanism
> Mercury - The Crypto Bull Market Trap: Why "Keeping Enough" Matters More Than "Making Enough"
> Marisa Coppel - Gensler's Crypto Crackdown: Stifling Innovation and Driving Jobs Overseas
> Zaheer - Tether's Future Under a Trump Presidency: A Bullish Outlook
> Cold Blooded Shiller - Focused Investing in Bull Markets: A Strategy for Maximizing Returns
> Vlad Zamfir - Reclaiming the True Purpose of Blockchain: From Financialization to Universal Timekeeping
> Paul Brody - The Inevitable Rise of Blockchain in Finance: A Disruption in Progress
> David Canellis - Bitcoin's Price and Presidential Elections: A Historical Analysis and Future Prediction
————
⭐️ FUNDING⭐️
> Pond - Raises $7.5 Million
> Bion - Undisclosed Strategic Investment
> Usual - $1.5M Community Round
> A World Meta - $5M Series A Round
> Cytonic - $8.3M Seed Round
————
⭐️ TESTNET/ AIRDROP⭐️
> N/A
> SuiNS - Leading Decentralized Name Services on Sui
https://x.com/eli5_defi/status/1854539567711621623
Eli5DeFi News Recap
Support us by subscribing :
Eli5DeFi X | Telegram | Farcaster | Newsletter (Relaunch Soon)
————
⭐️HIGHLIGHTS ⭐️
> Bitcoin - Soars to $76,000 After Trump Victory: Market Reaction and Future Outlook
> BlackRock's Bitcoin ETF - Shatters Records on Election Day, Trading $4 Billion
> JPMorgan - Predicts Gold and Bitcoin Price Increases, Driven by "Debasement Trade" and MicroStrategy's Acquisition Plan
> Wintermute - Proposes Fee Switch for Ethena (ENA) Holders
> Ether - Surges Past $2,800 on Trump Win: DeFi Optimism Fuels Crypto Rally
————
⭐️ELI5 THREAD ⭐️
> Relend - Lend, Relend, Repeat
> Symphony - The Chain Agnostic Network
> Mantle to Rule Them All
> Web3 AI Agent Ecosystem
————
⭐️ NEWS ⭐️
> CME BTC Futures - Trading Volume Surpasses 2021 Highs, Outpacing Binance
> Superseed - Introduces Supersale: Empowering the Onchain Individual with Early Access and Zero Vesting
> Hyperliquid Liquidity Provider (HLP) - Democratizing Crypto Market Making
> World Network - A Blockchain-Powered Solution for Digital Identity Verification in the Age of AI
> Ritual - Integrates Arweave for Decentralized AI Storage
> Bitcoin Act - Could Give Bitcoin Gold-Like Status, Boosting Institutional Interest
> $SWELL - Airdrop Open: Claim $rSWELL & Earn Rewards
> Uyeda vs Peirce - The Crypto Industry's Next SEC Chair
> Paradigm Capital - Moves $96.6M in LDO to Coinbase
> ETH - Surges Over 10%, DeFi Sector Booms
> HashKey Global - Announces Listing of HashKey Platform Token (HSK)
> Nava Labs - Guide to Devcon & ETHBangkok Side Events: Dates, Categories, and Links
> DIN - A Deep Dive into a Decentralized Data Intelligence Network
> Puffpaw - Alpha: Genesis Pods Presale, $VAPE Airdrop, and Mining Efficiency
> Binance - Launches $MOG Memecoin Perpetual Contract with 75x Leverage
> Robinhood Crypto EU - Supports $WIF Transfers and the Meme Supercycle Arrives
> Ethereum - Launches Mekong Testnet: Pectra Upgrade Testing Begins
> Nethermind - Launches Surge Rollup: A New Ethereum Layer 2 Solution
> German Chancellor - Calls for Snap Election After Coalition Collapse
> SEC - Moves to Dismiss Kraken's Defenses in Ongoing Crypto Lawsuit
> Zero1 Labs - October 2024 Recap: Achievements, Partnerships, and Future Plans
> Kakarot ZK-EVM - Redefining Provable EVM Architecture
> Core - A Bitcoin-Aligned Layer-1 Blockchain and its Ecosystem
———
⭐️ BOOKMARKED
> OlimpioCrypto - Take on zkSync's 325M $ZK Incentive Program: Yield Farming Opportunities and TVL Growth
> The Black Swan - Visualizing Success in Crypto: A Journey from 9-to-5 to Financial Freedom
> Brian Armstrong - Reflections on the Election: A Crypto Lens and the Path to Economic Freedom
> Sandra - 2024 Cryptocurrency Market Recap: Trends, Events, and Meme Coin Mania
> Omkar Godbole - BTC/Gold Ratio Surge Signals Bitcoin's Outperformance: A Renewed Uptrend?
> rm/player-of-games">RM - The All-Encompassing Game: How We're Losing Ourselves in a World of Constant Scoreboards
————
⭐️ FUNDING⭐️
> N/A
————
⭐️ TESTNET/ AIRDROP⭐️
> N/A
Eli5DeFi News Recap
Support us by subscribing :
Eli5DeFi X | Telegram | Farcaster | Newsletter (Relaunch Soon)
————
⭐️HIGHLIGHTS ⭐️
> Blackrock's Bitcoin ETF - Surpasses Gold, Sparking $300,000 Price Prediction
> North Korean Hacker Group BlueNoroff - Targets Crypto Firms with New MacOS Malware
> Vitalik Buterin - Info Finance: A New Era of Information Aggregation and Dissemination
> Polymarket - Teases Token Airdrop, Hints at Future Rewards
————
⭐️ELI5 THREAD ⭐️
> Maximize Your BTC (Feat. Pendle and Infinit)
> SolvBTC Ecosystem Map
————
⭐️ NEWS
> Solar - A Blazing-Fast Solidity Compiler in Rust
> Eclipse - A Solana-Powered Ethereum L2 – Challenges and Opportunities in a Competitive Landscape
> Layer East - Media Launches: A Web3 Media Alliance for the Asia-Pacific Region
> Solana's Ambitious Roadmap - Targeting Decentralized Exchange Dominance through Technological Innovation
> Helium HIP138 - MOBILE to HNT Conversion and Community Reaction
> Robinhood - Lists SHIB: Market Reaction and Updates
> Bion - Secures Investment from TON Ventures to Enhance Web3 Shopping Experience
> Mantra - Mainnet GenDrop: Allocation Details Revealed
> Cronos Labs x Google Cloud - Partnership to Boost Blockchain Ecosystem
> Norway - Weighs CBDC Adoption Amidst MiCA Support
> Paradigm - Continues LDO Sell-Off: 11 Million More Transferred to Coinbase Prime
———
⭐️ BOOKMARKED
> Ben Lilly - Ethereum's Great Deflationary Spiral: A Cargo Ship Analogy and the Need for Sound Monetary Policy
> Our Network - Post-Election Crypto Market Analysis
> johnweth_ - OpenSea v2 Beta: First Impressions & New Features
> wassielawyer - Decoding Web3 Foundations: A Lawyer's Guide to Token Issuance
> joshcrnls.eth/notes-on-consumer-crypto-or-nov-8,-2024">Josh Cornelius - The Memecoin Supercycle: A Consumer Crypto Perspective
> 0xWenMoon - DeFi's Dying Light: Why Memecoins Are Winning, and How DeFi Can Stage a Comeback
> danrobinson - Paradigm Policy Experts on the 2024 US Election and Crypto Policy
> therollupco - Crypto Billionaire Arthur Hayes & Murad Mahmudov on Memecoins, Macro, and AI
> Brian Armstrong - AgentKit Launch: Excitement Surrounds AI Agents with Crypto Wallets
> BlackRock CEO Larry Fink's - Bitcoin Endorsement Sparks Crypto Enthusiasm
————
⭐️ FUNDING⭐️
> N/A
————
⭐️ TESTNET/ AIRDROP⭐️
> N/A
https://x.com/tomkysar/status/1854984781936967730?t=mVtRblTGBF8vsx-PKzC9cw&s=09
Читать полностью…Spirit Blockchain Capital Acquires Dogecoin Portfolio Holdings Corp
Spirit Blockchain Capital (CSE: SPIR) acquired Dogecoin Portfolio Holdings Corp., a company focused on Dogecoin (DOGE) assets and intellectual property
> The acquisition is a strategic move to expand Spirit's presence in the Dogecoin ecosystem and enhance its digital asset product offerings
> Spirit will issue 14,000,000 common shares and 14,000,000 warrants in exchange for Dogecoin Holdings' securities
> The acquisition is expected to attract both retail and institutional investors
> Dogecoin's large user base (over 6.7 million active addresses and 2.5 million subreddit members) and cultural significance are key factors driving the acquisition
> Spirit plans to launch new products and partnerships to increase Dogecoin adoption globally
Accelerating Stacks Core Development: Building the Future of Bitcoin's Layer 2
Bitcoin L2 Labs is dedicated to core product development for Stacks, a leading Bitcoin Layer 2
> Their work centers around accelerating Stacks core development, fostering ecosystem growth, and integrating user experiences
> Key priorities include improving Stacks' decentralization, reliability, and operational resiliency
> Able to enhance the developer experience through better documentation, modularization, and automated testing
> A core goal is empowering builders by simplifying smart contract development on Stacks
Eli5DeFi News Recap
Support us by subscribing :
Eli5DeFi X | Telegram | Farcaster | Newsletter (Relaunch Soon)
————
⭐️HIGHLIGHTS ⭐️
> BlackRock's Bitcoin ETF - Sets Record with $1.1 Billion in Single-Day Inflows
> Former Binance CEO CZ - Receives Offers for Controlling Stake
> Solana - Surges Past $200, Bitcoin Hits New High Amid Post-Election Rally
> Ethereum Foundation - Reports $788M in Crypto Holdings, Tightens Conflict of Interest Policy
> Jito Labs - Doubles Monthly Fees to $78.9 Million, Surpasses DeFi Leaders
————
⭐️ELI5 THREAD ⭐️
> SolvBTC Ecosystem Map
> Maximize Your BTC (Feat. Pendle and Infinit)
> SuiNS - Leading Decentralized Name Services on Sui
> Relend - Lend, Relend, Repeat
> Symphony - The Chain Agnostic Network
————
⭐️ NEWS
> Caroline Ellison - Begins Prison Sentence: FTX Collapse Fallout Continues
> Hyperliquid TVL - Experienced a Significant $57 Million Surge in 72 Hours
> Arrakis Pro - Solving the Inventory Problem in DeFi Liquidity
>anurajenp/cryptobotics?referrer=0xC304Eef1023e0b6e644f8ED8f8c629fD0973c52d"> Cryptobotics - The Convergence of Blockchain and Robotics
> Bitcoin Runes - An In-Depth Look at MEMENTO•MORI and Alkimiya's BTC.FEE.GASTOKEN
> Ethereum Foundation 2024 Report - Activities, Spending, and Ecosystem Growth
> ASEAN FinTech - A Decade of Innovation
> DEGEN L3's Key Dispute - Rollup-as-a-Service Provider Conduit Refuses Key Transfer, Exposing Risks of Outsourced Blockchain Infrastructure
> Jack Dorsey's - Block Shifts Focus to Bitcoin Mining, Cutting Back on Other
> Bybit's Global Strategy - Compliance, Localized Management, and a Focus on Long-Term Growth
> Solana Transaction - Fees Surge to Record High in 2024
> Crypto - Market Update: Ransomware Attacks, Solana Surge, and Election Day Jitters
> Trump's Potential - Financial Regulatory Team: A Look at Key Contenders for SEC Chair and Banking Regulator Roles
> Upbit - Lists DRIFT for Trading
> Crypto - Market Surge Following US Election: Bitcoin and Ethereum Options Data Analysis
> CICC's Outlook - Further Fed Rate Cuts, Election Impact, and Asset Implications
> Nillion - Unveils Privacy-Preserving LLMs: A Breakthrough in Secure AI
> Binance - Releases Proof of Reserves Showing $120B+ in Assets: Mixed Reactions and Opinions Emerge
> Eclipse - Foundation Public Mainnet Launch and Updates
> Mantra DAO - GenDrop Checker LIVE: Community Reactions and
> D.O.G.E. - Memecoin Soars 100% on Musk and Trump Hype
———
⭐️ BOOKMARKED
> Nous Research - Unveils Nous Chat: A New Interface for Hermes 3 70B and Beyond
> CroissantEth - Crypto Trading Strategies: A Bull Run Guide
> Engineering Challenges - in Blockchain Privacy: Nine Open Problems and Emerging Solutions
> EigenLayer Unlocked - AI & Blockchain
> seedclubhq/pollster-bf-polymarket-gf?referrer=0xC304Eef1023e0b6e644f8ED8f8c629fD0973c52d">Cheryl Douglass - Crypto Market Surge & AI's Public Future
> Jack Platts - A Multi-Strategy Crypto Masterclass
> intern - Three Keys to Crypto Success for Young People
> Sandra Leow - Spectral Labs: Autonomous On-Chain Agents Revolutionizing Crypto Trading
> boz_menzalji - Counter-Argument on AI Agents and the Virtuals Protocol
> Arthur_0x - Aerodrome: The Meteoric Rise of Base's Dominant DEX
> degentokenbase - Degen L3 Migration Crisis: Conduitxyz Accused of Bad Faith and Hostage-Taking
> Cointelegraph - France Bans Crypto Betting Platform After Trader's $48M Win: A Controversial Move Sparks Debate
> revertseth - 3AC's Solana Migration: A "Shameless Rug"? Public Outrage and Accusations of Fraud
————
⭐️ FUNDING⭐️
> N/A
————
⭐️ TESTNET/ AIRDROP⭐️
> N/A
https://x.com/0xren_cf/status/1854584611759604218?t=Ckjke6mvExYpIHZ2dmKyUQ&s=09
Читать полностью…https://x.com/echodotxyz/status/1854541867817312473?t=kWpJi3R6fqkvWeYGRP3zWA&s=09
Читать полностью…Polygon x Magic Labs Launch Newton: A Cross-Chain Network to Break Down "Blockchain Silos"
Polygon and Magic Labs launched Newton, a new cross-chain network to improve the user experience of decentralized applications (dApps) across multiple blockchains
> Newton aims to make using cross-chain dApps as easy as browsing the web, addressing the issue of "blockchain silos"
> The platform leverages Polygon's AggLayer and Chain Development Kit, enabling developers to build dApps that operate seamlessly across different chains without requiring users to manage multiple wallets
> Magic Labs' Passport wallet, integrated into Newton, provides a single interface for users across various Ethereum-compatible networks
> This initiative promotes "chain unification," similar to existing financial systems like ACH or SWIFT, aiming to increase liquidity and simplify crypto usage
Fake Curve Finance App Resurfaces on Apple App Store, Leading to User Losses
A fraudulent Curve Finance app reappeared on Apple's App Store for the third time in 2024, leading to user financial losses and security concerns
> The app, disguised as a legitimate tool, tricked users into using its token swapping and liquidity staking features, resulting in unauthorized withdrawals and disappearing funds
> The resurgence of this scam app reflects a wider trend of fake crypto apps appearing on app stores, exploiting the nascent nature of the crypto space
> The persistence of these apps despite warnings and takedowns reveals a significant vulnerability in app store security
Lamborghini x Animoca Brands x Transak - Launch Revuelto NFT Mint Amid NFT Market Downturn
Lamborghini is launching Revuelto NFTs, utilizing Transak for payment processing, including card payments and bank transfers
> Transak, despite a recent data breach, assures secure payment transfers
> The NFT market is experiencing a downturn, with October sales 353% lower than the peak in March 2024
> Lamborghini views NFTs as a way to enhance fan engagement and build long-term relationships, rather than focusing solely on immediate sales
Your Guide to Devcon Side Events ⤵️
https://x.com/NavaLabs/status/1854183803209867736
> Reactive Network
https://x.com/eli5_defi/status/1854510364337320110?t=nJDWOJGnnVgBgLQBJ8eKIw&s=19
> Relend - Lend, Relend, Repeat
https://x.com/eli5_defi/status/1854456273196179857?t=kefGj_38Q1B_iaMIUPJ9Pg&s=19