Fuel Labs Launches 'Ignition' Rollup Network: A Game-Changer in Rollup Networks with Parallelization
Fuel Labs launched Ignition, a mainnet optimistic rollup network focusing on parallel transaction processing using a UTXO-based model and the FuelVM
> Ignition boasts the ability to process over 21,000 transactions per second per core
> The Ignition network uses a UTXO-based, asset-centric transaction model, allowing for enhanced parallelization and high throughput
> Ignition run efficiently on consumer-grade hardware
Fuel Labs’ Ignition brings the power of blockchain to everyone, operating smoothly on everyday devices and making cutting-edge tech as easy to use as your favorite app
Source: Ignition
> kai - Convex to Aura
https://x.com/eli5_defi/status/1846476191617941554?t=cQh42ayNNg40M1JinVgG0w&s=19
https://x.com/0xkyle__/status/1846415587276189959?t=Bpaps2BWuO62F2xeREvyIQ&s=09
Читать полностью…PancakeSwapX: Zero-Fees and Gasless Swaps
PancakeSwapX is a new feature from PancakeSwap that enables zero-fee and gasless asset swaps on the Ethereum and Arbitrum networks
> Zero-Fee Transactions: Trade without incurring transaction fees, easing access for beginners
> Gasless Swaps: No need for gas fees allows users to focus on trading
> Aggregated Liquidity: Access better execution prices without switching platforms
> Offchain Management: Failed orders don’t incur fees, protecting users from losses
Join the DeFi revolution with PancakeSwapX - where trading is seamless and straight forward!
Source: PancakeSwapX
Kraken Launches Restaking on EigenLayer
Kraken has launched a new feature allowing non-U.S. customers to restake their already-staked ETH on EigenLayer
> Kraken's subsidiary, Staked, acts as the validator for the restaked assets
> The total value locked in liquid restaking tokens has surged over 3000% this year, reaching approximately $11 billion
> The feature aims to reduce barriers for investors familiar with centralized exchanges but is unavailable to U.S. customers due to regulations
Kraken's move enhances accessibility to restaking, tapping into the growing interest in decentralized finance
Source: Kraken
FalconX Launches Auto-Liquidation Service for Crypto Miners
FalconX introduced an "electronic streaming service" to automate the conversion of crypto mining rewards to USD
> Automates crypto-to-USD conversion for miners
> The service supports various proof-of-work tokens, including Bitcoin and Litecoin
> FalconX readies new tools for miners: liquidity, hedging, and financing solutions
The launch arrives as miners face instability due to lower revenues from the Bitcoin halving
Source: FalconX
> Nodekit - The Composable Superbuilders
https://x.com/eli5_defi/status/1846174481720791112?t=6vjuLSrKURtAxhq9x9mbFw&s=19
Drift Protocol: Dominating the DeFi Derivatives Market
Drift Protocol, a Solana-based DEX, is rapidly gaining market share in the derivatives trading space due to its speed, low costs, and innovative liquidity solutions
> The platform utilizes Dynamic Automated Market Maker and Just-In-Time liquidity for enhanced trading efficiency
> Drift BET attracted $3.5 million in liquidity on its launch day
Drift embraces exciting opportunities while navigating the evolving landscape of regulation and enhancing token utility
Source: Drift
Cysic Fuels Scroll's ZK Rollup Revolution: Hardware Integration Boosts Efficiency
Cysic Network has partnered with Scroll to enhance zero-knowledge proof (ZKP) generation for its Layer 2 system, reducing proof time from hours to minutes with advanced GPU servers
> Aims to fill infrastructure gaps and improve Ethereum scaling as Scroll’s total value locked exceeds $900 million
> Cysic raised $6 million in funding and is developing hardware products (ZK Air and ZK Pro) for release in 2025
Source: Cysic
Innovate, Integrate, Invigorate: Movement's Mainnet Launch with LayerZero
Movement is leading the charge with the launch of its mainnet, powered by an innovative partnership with LayerZero
> Movement enables seamless transfers of USDC, USDT, ETH, and LSTs from Ethereum and Layer 2s, creating a unified liquidity pool for enhanced DeFi transactions
> MoveVM enhances Movement with greater speed, efficiency, and security, making it a robust platform for DeFi developers
> The LayerZero collaboration enhances safety and speed in the Movement ecosystem, tackling common DeFi transaction concerns
Your journey to redefine finance starts here!
Source: LayerZero x Movement
Eli5DeFi News Recap
Support us by subscribing :
Eli5DeFi X | Telegram | Farcaster | Newsletter (Relaunch Soon)
————
⭐️HIGHLIGHTS ⭐️
> wlfi/world-liberty-financial-seeks-to-revolutionize-finance-with-a-defi-protocol-that-will-be-built-for-3ec1f34ae7ac">World Liberty Financial - Revolutionizing DeFi with Mass Adoption in Mind
> Sui Foundation - Denies $400 Million Insider Trading Allegations
> Coinbase - Welcomes Degen (DEGEN) to the Base Network
> TD Bank - Faces $3 Billion Penalty for Ignoring Suspicious Crypto Transactions
————
⭐️ELI5 THREAD ⭐️
> MortgageFi - How to Get $45M with $2000?
> Nudge - Check Your Nudge Points
> Puffer - It's Time to $PUFFER
> Plato - The First Eat2Earn
————
⭐️ NEWS ⭐️
> Solid Intel - Former Paxos CEO Rich Teo Joined the Trump Family's WLF to Lead Stablecoin and Payment Initiatives
> Crypto Firms - Go on the Offensive: Suing the SEC in the US South
> Tether - Explores Commodities Trading and TradFi Opportunities: CEO Announces New Investment Vehicle
> James Howells - Fights for Access to Landfill to Recover $500 Million Bitcoin Fortune
> Hyperliquid - Announced HYPE: Unlocking the Future of Finance
> CAP Labs - Introducing CAP Labs: Adaptive Yield, Secure Stablecoins
> MegaETH - The Tradeoffs of Speed and Decentralization in Blockchain
> Felix Protocol - Unveils feUSD: A Hyperliquid-Native Stablecoin
> Sorella Labs - ASS: A New Approach to Protecting DeFi Users from MEV
> Tabi - Revolutionizing Appchain Development and Deployment
> DL News - Ethereum ETFs Bleed $550 Million Amidst SEC Delays: A Market Analysis
> MrBeast - Linked Crypto Wallets Rake in $13 Million in Alleged Pump-and-Dump Schemes
> Aria - A New Multimodal Open-Source LLM Outperforms Proprietary Models in Benchmarks
> HYCHAIN - Launches Loot Legends: Pioneering a New Dimension in Mobile Gaming
———
⭐️ BOOKMARKED
> Vitalik Buterin - Proposes Ethereum Upgrades: Lowering Staking Requirements and Improving Transaction Finality
> Larry Fink - Bitcoin's Growth Untethered from US Election Outcomes
> MarcoV - Ethereum Contract Surge: September 2024 Sets New High
> Zoomer Oracle - An Analysis of "Cult Tech Coins": Community, ROI, and Market Dynamics
> TD Cowen - Predicts Hagerty's Stablecoin Bill to Influence 2025 Legislation
> Arthur - DeFi's Renaissance: A Comeback Story
> spjoleh - The Delta Solution: Bridging the Gap Between Protocols and Businesses on Blockchain
> cherryblue - Onchain Reality Maximalism: A New Paradigm for Human Experience
> Chop - $GOAT Token: A Deep Dive into the Lore and Potential of @truth_terminal
> Amir Ormu - Meteora Revealed: Master Dynamic Pools and Volatility Strategies
> JavierAng - Sub-$20M Crypto with Potential 50x Growth: Early Base Season Play?
> Anton Kraminkin - Strategic TGE Timing: A Case Study of Off The Grid and Sleep2Earn Failures
> Cointelegraph - Crypto Policy and Legislation Comparison Between Joe Biden, Kamala Harris, and Donald Trump
> Blockworks - Bitcoin Surges Past $66K: Is 'Uptober' Finally Here?
> Cloudflare - Post-Quantum Cryptography: Navigating the Transition
> Jose Antonio Lanz - OpenAI vs. Anthropic: A Comparative Analysis of AI Model Meta-Prompts
> decrypt - AI Detectors: Hype or Hazard? A Critical Look at the Accuracy of AI-Generated Content Detection Tools
> Andrew Hayward - Maximize Your Gains: How to Boost Your X Empire Telegram Game Airdrop
> Wu Blockchain Podcast - NFT Investing Gone Wrong: Blur, Magic Eden, and Lessons Learned
————
⭐️ FUNDING⭐️
> Fission Labs - $1.6M Pre-seed Round
> Apex Fusion - $6M Seed Round
> infinitar/infinitar-secures-9m-in-series-a-funding-bringing-total-funding-to-11-9m-9c61581bf2aa">Infinitar - $9M Series A Round
————
⭐️ TESTNET/ AIRDROP⭐️
> N/A
Introducing CAP Labs: Breaking the DeFi Yield Cycle
CAP Labs introduces CAP, a novel stablecoin engine aiming to revolutionize DeFi yield generation by utilizing exogenous sources like arbitrage and RWAs
> Uses a competitive agent model for adaptive, high-frequency strategies and shared security networks (like EigenLayer) for user protection
> While aiming for an autonomous, "evergreen" protocol , key risks include potential failures in slashing mechanisms and fluctuations in the value of underlying assets
CAP is projected to launch in Q1 2025
Source: CAP
Eli5DeFi News Recap
Support us by subscribing :
Eli5DeFi X | Telegram | Farcaster | Newsletter (Relaunch Soon)
————
⭐️HIGHLIGHTS ⭐️
> Hong Kong Police - Arrest 27 in $46 Million Crypto Romance Scam
> The Block - The Future of Crypto Regulation: Insights from Senator Warren and John Deaton's Debate
> MiCA - Regulations Transform Euro-Stablecoin Market: Circle and Société Générale Lead the Charge
> Italy - Plans to Raise Capital Gains Tax on Bitcoin from 26% to 42%
> Arthur Hayes - Persistent Weak Layer: Geopolitical Risk and Crypto Investment Strategy
————
⭐️ELI5 THREAD ⭐️
> kai - Convex to Aura
> Plato - The First Eat2Earn
> Alkimiya - The Blockspace Magic of Alkimiya
> Nodekit - The Composable Superbuilders
————
⭐️ NEWS ⭐️
> CoinDesk - Bitcoin's Resilience: Ignoring the Dollar Index Ahead of the 2024 Election
> Fuel Labs - Announce the Launch of Ignition: A High-performance Ethereum Layer 2 Powered by the FuelVM
> TON Blockchain - Integrates Axelar for Enhanced Interoperability
> USDT - Exploring USDT Adoption: 330 Million Users and Counting
> Bitcoin - Surges Past $68,000, Triggering $300 Million in Liquidations
> Passkeys - Advancements in Passwordless Authentication
> Berachain - Preparing for TGE: Exploring the Innovative Berachain Ecosystem
> Near x Delphi Labs - Launch AI Accelerator Program
> Coinbase - Battles SEC in FOIA Case: Crypto Exchange Seeks Court Ruling on Securities Laws
> Paxos - Introduces Stripe: The First Stablecoin Payments Platform from Paxos
> OurNetwork - Kamino, Morpho, Gearbox, and Euler: A Deep Dive into DeFi Lending's Leading Protocols
> Min Byeong-deok - Investigation into Avail Coin Exposes Allegations of Price Manipulation and Fraud
> All in Bits - Inside the LSM Scandal: The North Korean Link and Its Implications for Cosmos Hub
> Cointelegraph - Bitcoin Whale Moves $630K to Kraken: $5.5M Transferred in Two Months
> HSK - HSK Token Generation Event (TGE) Postponed: A Strategic Decision for Long-Term Success
> Arriba Studio - Plans to Invest Over $20 Million in the Web3 Space
———
⭐️ BOOKMARKED
> Sean McHugh - Dubai's VARA Strikes "Just Right" Balance in Crypto Licensing
> YB - zkTLS: The Dark Knight of the Internet, Empowering Web3 Builders
> Mike Silagadze - The Cardinal Sins of Crypto VCs: 9 Mistakes to Avoid
> Andy - Welcome to the AltVM Era: Redefining the Modular Blockchain Landscape
> Matt Black - Don’t Shoot the Messenger: How @mempool Is Tracking Ordinals in the Blockchain
> 2077 Research - Local Fee Markets: A Superior Blockchain Architecture
> Fozzy - Mystery Entity's Polymarket Betting Spree: Is it a Hedge or a Political Play?
> Kyle - Liquid Tokens & Memes: Uncovering Hidden Opportunities in Crypto
> Derek Chiang - Understanding EIP-7702 and its Potential Impact
> jun7543 - Adjusted TVL: A Comparative Analysis of Aptos and Sui Ecosystems
> Suhail Kakar - Understanding Stablecoins: A Simple Explanation
> Rex Woodbury - The Next $100B AI Company: Why Consumer AI Will Dominate
> Semianalysis - The Electrical Anatomy of Next-Generation AI Datacenters: Power, Redundancy, and the Impact of Nvidia's Blackwell
> Jai Bhavnani - The Promise of zkTLS in Revolutionizing Crypto Engagement
————
⭐️ FUNDING⭐️
> Bitnomial - Raised $25M
> PAC - Raised $7.5M in Crypto Donations
> Hermetica - Raises $1.7M in Seed Funding
————
⭐️ TESTNET/ AIRDROP⭐️
> N/A
Near x Delphi Labs: Launch AI Accelerator Program
The NEAR Foundation and Delphi Labs partnership aims to create a user-owned AI ecosystem, promoting decentralization away from big tech control
> Each selected team receives $50,000 in compute credits from Aethir to develop resource-intensive AI models without infrastructure constraints
> The program includes eight promising teams focusing on various unique aspects of AI and blockchain technology
Source: Near x Delphi Labs
Empowering Women in Crypto: The Rise of Women in Web3 Privacy
The Women in Web3 Privacy collective aims to reenergize cypherpunk principles in the crypto space by empowering women
> WIP focuses on providing women with the tools and knowledge to protect their privacy in a male-dominated field
> Collective launches amidst rising political ambitions in crypto and the growth of memecoins
> The initiative uses an AI chatbot, Fiona, as a tool for education and advocacy
Source: Women in Web3 Privacy
Tesla moves it's BTC to new wallet 💪
https://x.com/WatcherGuru/status/1846306178990854621?t=1SyvmNY5SqiQBh7Fn4c2SQ&s=09
Eli5DeFi News Recap
Support us by subscribing :
Eli5DeFi X | Telegram | Farcaster | Newsletter (Relaunch Soon)
————
⭐️HIGHLIGHTS ⭐️
> WLFI - Token Launch Troubles: Website Crashes and Sales Fall Far Short of Target
> Canary Capital - Launches Litecoin ETF Plans Following XRP Proposal
> Grayscale - Converts Mixed Crypto Fund into ETF, Expanding Crypto Accessibility
> Bitwise CIO - Highlights Investor Interest Following Kamala Harris' Crypto Proposal
> Tesla - Shifts $770 Million Bitcoin to New Addresses Amid Speculation of Future Sales
> JPMorgan - Bullish Crypto Outlook for 2025: A Trump Factor and Beyond
> Kraken - Launches Restaking on Ethereum-Based Protocol EigenLayer
————
⭐️ELI5 THREAD ⭐️
> Plato - The First Eat2Earn
> Alkimiya - The Blockspace Magic of Alkimiya
> Nodekit - The Composable Superbuilders
————
⭐️ NEWS ⭐️
> Polymarket - Trump Leads in Polymarket Prediction: 57.7% Chance Against Harris
> Coinbase - Battles SEC Over Crypto Security Classifications and Document Disclosure
> Women in web3 Privacy (WIP) - Revitalizing Cypherpunk Ideals
> Securitize x Zero Hash - Partnered to Enable USDC-to-USD Conversion for BlackRock's BUIDL Fund
> CME - Leads the Way as Bitcoin Futures Open Interest Peaks at $31.8 Billion
> GEOD Token - Now Available on Solana via Wormhole
> The Nil Foundation - Integrated Uniswap V2 on Devnet
> Superseed - Joins the Superchain: Expanding Next-Gen DeFi
> Telegram Stars - Usage, Payment Implications, and Go-to-Market
> Arbitrum Orbit - Fueling the Next Phase of Blockchain Innovation
> Coindesk Indices - CoinDesk 20 Index Daily Update: HBAR and LINK Lead, ICP and UNI Lag
> $Cheems - Price Skyrockets 500% Following Migration from #zkSync to #BSC
> Towns - End-to-End Encrypted Group Chats Without Centralized Control
———
⭐️ BOOKMARKED
> Decentralised.co - Does Crypto Matter? How Crypto Will (and Will Not) Change the World
> Trader Joe - DeFi Strategy: Branding, UX, and the Future
> Auditless Research - Uniswap v4: The Future of Onchain Investment Banking
> a16zcrypto - The Creator Economy: Reclaiming Power in the Digital Age
> jeremy.eth - Introducing Facet: Ethereum's First Stage 3 Rollup
> galaxy - Crypto & Blockchain Venture Capital: Q3 2024 Report
> AISafetyMemes - The Rise of the AI Millionaire: Truth Terminal’s Goatse Gospel
> Alex Tapscott - Why Tokens Will Lead the Next Wave of Financial Innovation
> Matt Hougan - The ETF Era of Crypto: Insights from Bitwise's Matt Hougan on Ethereum's Potential
> Alice Liu - Stablecoin Market Capitalization is Almost Back to its All-time High: Compared to Berkshire Hathaway's
> kerimkaya - Exploring the Future of Synthetic Data: A Comprehensive Classification System
————
⭐️ FUNDING⭐️
> Moonveil - $2M Strategic Investment
> Solv Protocol - $11M Strategic Investment
> Blockstream - $210M Convertible Notes
> Azra Games - Raises $42.7M in Series A
> Opacity Network - Raises $12M Seed Round
> Predicate - Raises $7M
> Praxis - $525M Financing for New City
> VanEck - $30M Venture
————
⭐️ TESTNET/ AIRDROP⭐️
> N/A
https://x.com/BadlyLiquidated/status/1846282055698862490?t=0N6cG3_wHWyiXA9p4tpiOg&s=09
Читать полностью…Eli5DeFi News Recap
Support us by subscribing :
Eli5DeFi X | Telegram | Farcaster | Newsletter (Relaunch Soon)
————
⭐️HIGHLIGHTS ⭐️
> Kamala Harris - Crypto Regulatory Plan: A Focus on Black Men and Investor Protection
> SingularityDAO x Cogito Finance x SelfKey - Merge to Create Singularity Finance
> Ripple - Prepares for RLUSD Stablecoin Launch, Partners with Major Exchanges
> Bernstein - Bitcoin's Surge Tied to Trump's Election Odds
————
⭐️ELI5 THREAD ⭐️
> MortgageFi - How to Get $45M with $2000?
> Nudge - Check Your Nudge Points
> Puffer - It's Time to $PUFFER
> Plato - The First Eat2Earn
> Alkimiya - The Blockspace Magic of Alkimiya
> Nodekit - The Composable Superbuilders
————
⭐️ NEWS ⭐️
> UAE - Launches First Dirham-Backed Stablecoin: AE Coin Debuts
> Base - Surpasses Arbitrum as Largest Ethereum Rollup by TVL
> deBridge - Launches DBR Token: A Fixed-Price Liquidity Bootstrapping Event on Jupiter
> Bitcoin ETF - Inflows Surge to Multi-Month High, Fueling Optimism for New All-Time High
> Cysic x Scroll's Layer 2 - Hardware Integration Boosts Scroll's ZK Rollup Efficiency
> BONKbot - Next-Gen Security Upgrade: Non-Custodial and Blazing Fast
> FalconX - Introduces Auto-Liquidation Service to Aid Crypto Miners Amid Market Struggles
> Layer Zero x Movement - A Partnership for Seamless Interoperability
> Stanford Blockchain - A Guided Journey Through the Crypto and Web3 Landscape
> Asynchronous Program Execution (APE) - The Dawn of Faster, More Scalable Blockchains
> Drift Protocol - A Deep Dive into Market Potential
> The Kimchi Premium - Korean Crypto Awakening: Regulatory Changes and the Future of Digital Assets
> Soneium - Sony's Ethereum L2 and the Rise of ASTR
> Carly Rowena - Scammed Out of £5,700 in Crypto Fraud
> CME - Launched Bitcoin Friday Futures (BFF): High Trading Volume and Benefits for Retail Investors
———
⭐️ BOOKMARKED
> Standard Chartered - Bitcoin Could Hit $73,800 Before US Election
> Vitalik - Suggests Improvements to the Ethereum Protocol, Focusing on Speed, Accessibility, and Security
> CompoundVC - The Future of Biohacking: 2027-2029 Predictions
> Erigon - Ethereum Gas Limit: Time for an Increase? A Deep Dive into Bandwidth, Computation, and Storage Implications
> TardFiWhale - Demanding Accountability: The Double Standards of KOLs and VCs in Crypto
> Andre Cronje - Appchains: Engineering Elegance vs. Practicality
> Omkar Godbole - Bitcoin's Three-Line Break Chart Signals Potential Record Highs
> akshay - India's Thriving Crypto Ecosystem: Communities, Projects & Potential
> The Scoop Podcast - Venice Co-Founders on AI, Privacy, and the Future of Open Source
> Defi_Maestro - Upcoming DeFi & Blockchain Launches: A Roundup of Promising Projects for the Next Few Months
> OmniscientAsian - Infrastructure vs. Applications: The Current State of Crypto Investment and Initia's Approach
> Financial Times - Rethinking Wealth: What It Means to Be Super-Rich in Today's World
> Andy - The Death of the Fat Protocol Thesis? The Rise of App-Centric Crypto
> LGHT - Technocapitalism: A Hybrid Ideology in the Digital Age
————
⭐️ FUNDING⭐️
> N/A
————
⭐️ TESTNET/ AIRDROP⭐️
> N/A
https://x.com/KyleSamani/status/1846164236814184753?t=zpPqpJWofK52VGNLMrkJrw&s=09
Читать полностью…https://x.com/ZhugeEX/status/1846001218499359011?t=G7W64Me4gQi7tCRPhIuy-w&s=09
Читать полностью…> The Blockspace Magic of Alkimiya
https://x.com/eli5_defi/status/1846114057088389305
https://x.com/AndreCronjeTech/status/1845984442697044186?t=KOsjYUkm5SSCyOPQlMF_Xw&s=09
Читать полностью…MegaETH: Web2 Speed, Blockchain Soul
MegaETH is a high-performance blockchain prioritizing speed and scalability over complete decentralization
> Aims for Web2 performance levels with <10ms latency and 100k TPS, addressing limitations of existing EVM chains
> Uses a heterogeneous architecture with specialized nodes (sequencers, provers, full nodes, replica nodes, light clients) for optimized task execution
> MegaETH's ecosystem, "MegaMafia," focuses on fostering app development
Source: MegaETH