eli5definews | Unsorted

Telegram-канал eli5definews - Eli5DeFi NewsHub

893

Subscribe to a channel

Eli5DeFi NewsHub

Spiderchain - Integrates Oracle Feeds for Enhanced Interoperability

Chainlink is integrating its data feeds and cross-chain interoperability protocol (CCIP) with Spiderchain, an EVM-compatible Bitcoin Layer-2

> Spiderchain is participating in Chainlink Scale, a gas grant program

> Spiderchain aims to unlock the use of BTC on EVM-compatible dApps

> Spiderchain uses a permissionless multisig system and leverages Bitcoin's Taproot upgrade

This integration represents a significant step in expanding the capabilities of Bitcoin's decentralized finance (BTCFi) ecosystem

Читать полностью…

Eli5DeFi NewsHub

Eli5DeFi News Recap

Support us by subscribing :


Eli5DeFi X | Telegram | Farcaster | Newsletter (Relaunch Soon)

————

⭐️HIGHLIGHTS ⭐️

> Dutch Tax Authority - Requires Crypto Firms to Report User Data to Align with EU Tax Mandates
> Bitcoin ETFs - Surge Past 967,000 BTC, Nearing Million-Token Milestone

————

⭐️ELI5 THREAD ⭐️

> Sonic - Everything You Should Know + Complete Ecosystem So Far
> Eli5DeFi - Bullish on Chain Abstraction
> WeatherXM - Decentralized Weather Economy
> BOB - Hybrid L2
> 0G Labs - Decentralized AI OS

————

⭐️ NEWS ⭐️

> EMURGO - Connects Bitcoin Liquidity to Flow into the Cardano Ecosystem: Utilizing Zero-knowledge Proofs for Enhanced Security
> Somnia Blockchain - Enters DevNet: High Throughput, Low Latency, and EVM Compatibility Promised
> Vacuum! - A Hyper-Efficient Blob Propagation Protocol for Decentralized Networks
> Thala Labs - Launches veTHL Boosted Farming with Up to 3.0x Multiplier
> Stablecoins - Poised for Explosive Growth: Circle CEO Predicts 5-10% of Global Money Supply in a Decade
> Better Markets - Calls for Shutdown of Kalshi’s Election Predictions Amid Manipulation Claims
> Pennsylvania House - Approves Bitcoin Rights Bill: Regulatory Clarity for Digital Assets
> Jito DAO - Proposes MEV Proposal: A $22 Million Revenue Stream and a Restructuring of Solana's Economic Value
> Financial Conditions - Tighten as Fed Cuts Rates: Analyzing the Disconnect
> LRT² ($LRT2) - A Deep Dive into Tokenized Restaking Emissions and Their Impact on DeFi
> Coindesk - Crypto Market Rebounds: Bitcoin, Solana Outperform Ether; MicroStrategy Soars
> Virtuals Protocol - Co-ownership of AI Agents in Entertainment and Gaming
> OnchainKit - Launches Checkout: A One-click USDC Payment System
> Ripple - Appeals A "De Novo" Look at the Howey Test and XRP Classification
> Polymarket - Mispricing: $3 Million Trump Trade Briefly Skews 2024 Election Odds to 99%
> Usual - Introduces $USUAL: A Governance Token Designed for Long-Term Value and Growth

———

⭐️ BOOKMARKED

> Ripple CEO - Predicts Post-Election Crypto Boom Despite Regulatory Headwinds
> Shaurya Malwa - AI Memecoins: Hype, Sentiment, and the $800 Million GOAT
> Andy - AltVM & AltDA: The Future of Blockchain for Non-Crypto Natives
> imperooterxbt - Spotting Crypto Rug Pulls: A Rug Puller's Guide to Identifying Scams
> StaniKulechov - Lens Roadmap: Low-Cost Transactions & Smart Contract Primitives
> Brad Garlinghouse - Predicts End of Gensler's "Reign of Terror" on Crypto
> ehwangah - AI Waifu and the Rise of the AI Companion Market
> Billy Luedtke - The Fragile Foundation of Trust: How Decentralization Can Save the Internet
> Katherine Ross - AI Memecoins: The Next Big Phase?
> DWF Ventures - AI Agents: Emerging Projects and Infrastructure
> Teng Yan - Truth Terminal & GOAT: An AI-Generated Memecoin Phenomenon
> jonathankingvc - Demystifying the Crypto x AI Stack: Predictions for the Future of AI and the Agentic Web
> Andy Ayrey - On Building Truth Terminal and the Rise of GOAT
> Panteracapital - Crypto and AI: Picks and Shovels, Agents, and a New Economic Paradigm

————

⭐️ FUNDING⭐️

> Bluesky - Raises $15 Million

————

⭐️ TESTNET/ AIRDROP⭐️

> N/A

Читать полностью…

Eli5DeFi NewsHub

Vacuum!: A Hyper-Efficient Blob Propagation Protocol for Decentralized Networks

Celestia's Mammoth project, incorporating a new hyper-efficient protocol called Vacuum!, aims to achieve decentralized network throughput rivaling centralized systems by optimizing data distribution among validators, addressing various worst-case scenarios

> Vacuum! addresses crucial challenges in decentralized block propagation, focusing on distributing high-priority data efficiently to all validators

> Vacuum! utilizes pull-based gossip to ensure validators download block data only once

> Vacuum! draws inspiration from Narwhal, Solana, Bitcoin, and natural processes

Читать полностью…

Eli5DeFi NewsHub

Eli5DeFi News Recap

Support us by subscribing :


Eli5DeFi X | Telegram | Farcaster | Newsletter (Relaunch Soon)

————

⭐️HIGHLIGHTS ⭐️

> South Korea - Plans to Mandate Reporting of Cross-Border Crypto Transactions
> GSR - Announces co-CEO Rich Rosenblum and CTO John MacDonald have left the company
> U.S. State Regulators - Reports Increase in Digital Asset Investigations

————

⭐️ELI5 THREAD ⭐️

> Eli5DeFi - Bullish on Chain Abstraction
> WeatherXM - Decentralized Weather Economy
> BOB - Hybrid L2
> 0G Labs - Decentralized AI OS

————

⭐️ NEWS ⭐️

> Bitcoin - Traders Bet Big on Post-Election Price Surge
> US Government - Linked Adress Appears to Have Been Compromised for $20 Million
> Spiderchain - Integrates with Chainlink for Enhanced Bitcoin Functionality
> Ankr - Integrates with the TON Blockchain to Create a Developer Gateway for Building dApps on TON
> Aptos Foundation x FLock.io - Enhance Move Programming Language with AI
> Kraken - Launches Ink: A New Ethereum Layer-2 on Optimism's Superchain
> Grass Foundation - Announces GRASS Airdrop One will Occur on October 28th, 2024 : A Crucial Step Towards a User-Owned Internet Map
> WOOFi - Deploys on Solana: High-Speed, Low-Cost Trading with sPMM
> ApePro - Launches New Filtering System for Token Discovery
> Microsoft - Shareholders to Vote on Bitcoin Investment Proposal: Board Recommends Against
> Pump.fun - $150M Windfall: A Deep Dive into Meme Coin Platform Success
> Stratos - Disclaimer: State of Crypto Venture - Q3 2024
> Proof of Liquidity - Unlocking DeFi's Potential with Infrared's iBGT and iBERA
> Chasm Network - Launches a Live $CAI Airdrop Checker: Urging Users to Check Eligibility and Beware of Phishing Links
> asymmetryfin/how-to-join-the-asf-public-sale-6134503ce724">Asymmetry - $ASF Fixed-Price Public Sale: Details & How to Participate
> Tigran Gambaryan - Released from Nigerian Prison After Money Laundering Charges Dropped

———

⭐️ BOOKMARKED

> Coinbase Predicts AI-Driven Crypto Boom: Truth Terminal Hits $10M
> Marissa Kim - Bitcoin in Corporate Treasuries: Expert Opinions and Market Data
> Kain Warnick - The Crypto Beat: Kain Warwick on Infinex and the Future of DeFi
> Keyrock - Bitcoin Layer 2s: A Billion-Dollar Enigma – Explosive Growth, Stagnant Usage
> cbventures/demystifying-the-crypto-x-ai-stack">Coinbase Ventures - Crypto x AI: The Agentic Web's Dawn
> Syncracy - Crypto Market Speed Trap: Navigating Memetic Assets and Fundamental Value
> 0xMert_ - Solana's Economic Activity: An Opinionated Look at Growth and Staking
> Sergio Gallardo - Incentive Misalignment in Decentralized Finance: Analysis and Proposed Solutions
> Accrue - Peer-to-Peer Stablecoin Agents: Onboarding Billions of Africans to the Global Economy
> Robbie Petersen - The Vertical Integrators: How Ethena, Uniswap, and Hyperliquid Are Reshaping DeFi
> Polymer Labs - Bridging the Gap: Real-Time Interoperability for the Future of Web3
> Lei Yang - Navigating Network Latency: A 10ms Block Time Simulation
> Charles Wayn - AI: Web3's Savior from Information Silos?

————

⭐️ FUNDING⭐️

> GnosisVC - Raises $40 Million
> Sparkbal - $2M Unknown Round
> Fluid Protocol - $3.9M Seed Round
> Genius - $6M Unknown Round
> Validation Cloud - $10M Unknown Round
> Party Icons - $9M Unknown Round
> Variational - $10.3M Seed Round
> Skyfire - Raises $8.5 Million
> Moonwalk Fitness - Raises $3.4 Million

————

⭐️ TESTNET/ AIRDROP⭐️

> N/A

Читать полностью…

Eli5DeFi NewsHub

Kraken Launches Ink: A New Ethereum Layer-2 on Optimism's Superchain

Kraken is launching Ink, a new Ethereum layer-2 network built on Optimism's Superchain, aiming for a mainnet launch in early 2025 and featuring one-second block times

> Ink will share sequencer revenue with Optimism, similar to Coinbase's Base

> Ink is designed to be a DeFi-centric chain with initially one-second block times, improving to sub-second times later

> The OP Stack is currently the most widely used rollup stack with numerous live and upcoming chains

> Ink’s testnet launch will include AMAs, live demos and contests targeting developers

Читать полностью…

Eli5DeFi NewsHub

Eli5DeFi News Recap

Support us by subscribing :


Eli5DeFi X | Telegram | Farcaster | Newsletter (Relaunch Soon)

————

⭐️HIGHLIGHTS ⭐️

> Bank of Canada - Cuts Interest Rate by 50 Basis Points, Signaling End of Inflation Fight
> Solana - Outperforms Bitcoin and Ether Amidst Memecoin Boom and Increased Derivatives Activity
> Bitcoin - Whales Surge to Highest Since 2021, Fueling Rally to Record Highs?
> Nishad Singh - Awaits Sentencing After Extensive Cooperation with Authorities

————

⭐️ELI5 THREAD ⭐️

> BrahmaFi - The Ultimate On-Chain Account
> Eli5DeFi - Bullish on Chain Abstraction
> WeatherXM - Decentralized Weather Economy
> 0G Labs - Decentralized AI OS
> Bifrost - Liquid Wave Program

————

⭐️ NEWS ⭐️

> Base - Implements Fault Proofs, Accelerating Decentralization
> Bond Market Selloff - Deepens: Election Uncertainty and Strong Economy Fuel Concerns
> SHAR - The Rise and Fall of a $60 Million Meme Coin
> Satflow - Launches DEX to Combat Mempool Sniping in Bitcoin's Ordinals and Runes Ecosystems
> Scroll's SCR Token - Plummets 32% After Launch: Airdrop Controversy and Whale Selling Weigh Down Market Cap
> IP-NFTs and IPTs - A Blockchain-Based Solution for Funding Scientific Breakthroughs
> Vietnam - Launches National Blockchain Strategy: A 2030 Vision
> BRICS Summit - Sparks Talk of Russian Bitcoin Trade to Bypass Sanctions
> Bitcoin Miners - Poised for AI-Driven Growth: Bernstein Predicts Market Shift
> Michael Saylor - Shifts Stance on Crypto Self-Custody Amidst Community Backlash
> Charles Hoskinson - The Crypto Visionary Investing in Glow-in-the-Dark Plants and Longevity Science
> Institution - Takes $25 Million On-Chain Options Trade Bets on Post-Election Bitcoin Rally to $80,000
> realScamSniffer - Malicious Site Detected Impersonating Ether Vista in AlphaBot Raffle
> TeraWulf - Plan to Raise $350 Million Convertible Note Offering and Share Buyback Plan
> Bitcoin - Above $67,000 After Subdued Beige Book Report Hints at Further Rate Cuts
> Portofino Technologies - Executive Shakeup and Staff Exodus

———

⭐️ BOOKMARKED

> hitesh.eth - AI Gods and the Meme Religion: Algorithmic Prophecy and Digital Faith
> Paul Tudor Jones - Bets on Bitcoin Amidst Potential Bond Market Crash: Analysts Sound Alarm
> RWA Summit - Highlights Diverging Views on Tokenization's Future
> EigenLayer Unlocked - Building and Launching AVSs with Othentic's Framework
> Carlos Domingo - Tokenized Treasuries: Revolutionizing Finance at the Intersection of TradFi and DeFi
> Lao Bai - Bitcoin's Evolutionary Path: From Ordinals to Staking and Beyond
> Garry Tan - The Importance of User Observation in Software Design
> John Rush - Navigating the New Age: AI Agents - Excitement or Fear?
> Jason Yanowitz - Low FDV Launches: A Boon for Users or a Headache for Airdrop Farmers?
> Delphi Digital - DeAI IV: The Agentic Economy – Crypto's Role in the AI Revolution

————

⭐️ FUNDING⭐️

> STOKR - Raises $7.98 Million

————

⭐️ TESTNET/ AIRDROP⭐️

> N/A

Читать полностью…

Eli5DeFi NewsHub

https://x.com/LuckyXBT__/status/1849418225143910636?t=z9gein9p46_0P7Rl9ps_wg&s=09

Читать полностью…

Eli5DeFi NewsHub

https://www.binance.com/en/support/announcement/binance-futures-will-launch-usd%E2%93%A2-margined-goatusdt-perpetual-contract-with-up-to-75x-leverage-ff1a4c64f1aa4fef870adc7ef802d700?hl=en

Читать полностью…

Eli5DeFi NewsHub

https://x.com/ChainLinkGod/status/1848966405997117514?t=O36IjuhwMHwFkVu3iVpezw&s=09

Читать полностью…

Eli5DeFi NewsHub

Base Implements Fault Proofs, Accelerating Decentralization

Base, Coinbase's Ethereum Layer 2 platform, will implement fault proofs on October 30, 2024, to enhance decentralization

> This implementation aims to eliminate single-entity control over the Base network

> Fault proofs will allow any participant to challenge potentially fraudulent transactions, improving security

> The upgrade is modeled after a similar deployment on Optimism's OP Mainnet

This move marks a key step towards a more secure and decentralized Layer 2 ecosystem

Читать полностью…

Eli5DeFi NewsHub

Chain Abstraction: A Myth

Chain Abstraction aims for seamless crypto use but struggles with liquidity rebalancing

Key Challenges

> Limited Market: DeFi bridging is only $8B monthly, leading to low fees (<5 bps)

> Bridge Losses: Many operate at a loss, reliant on token incentives

> Solver Issues: Less than ten major solvers exist, often unprofitable

> CEX Problems: Centralized exchanges face complex rebalancing

Potential Solutions

> New tokens can help but increase fragmentation

> More liquidity is needed, but user and LP expectations conflict

> Projects like Optimism show promise but don't solve all bridging issues

Real efficiency gains are needed for Chain Abstraction to succeed. Collaboration among projects is crucial to address these challenges

Читать полностью…

Eli5DeFi NewsHub

https://x.com/ImperiumPaper/status/1848915795356623335?t=5iLuWRhiyTGkEEardUeAGA&amp;s=09

Читать полностью…

Eli5DeFi NewsHub

> Bullish on Chain Abstraction

https://x.com/eli5_defi/status/1849118632766513644

Читать полностью…

Eli5DeFi NewsHub

> BrahmaFi - The Ultimate On-Chain Account

https://x.com/eli5_defi/status/1849089672414400848?t=jW-HSh4wJT6vbDXZxtSCUQ&amp;s=19

Читать полностью…

Eli5DeFi NewsHub

https://x.com/Yennii56/status/1848960641392165117?t=adq5Ziw6sBgceFQz69AWfQ&amp;s=09

Читать полностью…

Eli5DeFi NewsHub

Israel Starts Bombing Iran

https://x.com/visegrad24/status/1849948192999342501

Читать полностью…

Eli5DeFi NewsHub

> Sonic - Everything You Should Know + Complete Ecosystem So Far

https://x.com/eli5_defi/status/1849798257020633264?s=19

Читать полностью…

Eli5DeFi NewsHub

veTHL Boost Multiplier: Maximizing Protocol Emissions Rewards

veTHL, a voting escrow token, provides a boost multiplier (up to 3x) on protocol emissions for Thala farming, proportionally rewarding long-term users with a larger share of incentives

> The boost multiplier is linearly calculated based on a user's veTHL holdings relative to the total supply and is independent of position size

> The boost multiplier is applied to the user's rewards, effectively increasing their APR but diluting the base APR for non-veTHL users

Читать полностью…

Eli5DeFi NewsHub

Aptos Foundation x FLock.io: Enhance Move Programming Language with AI

The Aptos Foundation is collaborating with FLock.io, a decentralized AI platform, to build AI tools for the Move programming language

> FLock.io's large language model (LLM) outperforms existing models like ChatGPT-4 in generating accurate and readable Move code

> Move, created by Meta (formerly Facebook), is considered easier to use than Solidity but has limited adoption

> The partnership aims to simplify complex blockchain operations, enhance security, and improve efficiency for developers using Move

Читать полностью…

Eli5DeFi NewsHub

https://x.com/nuss_eli/status/1849487011717284194?t=mHqJ-_rZ2JHsTauz4GMIpA&amp;s=09

Читать полностью…

Eli5DeFi NewsHub

> BOB Hybrid L2

https://x.com/eli5_defi/status/1849482803110687003

Читать полностью…

Eli5DeFi NewsHub

Midas Launches Yield-Bearing mBTC Token: Expanding Bitcoin Utility in DeFi

Midas launched mBTC, a yield-bearing wrapped bitcoin token paying 4% returns in bitcoin-denominated assets, not fiat

> mBTC supports wBTC and cbBTC, and yields are generated through institutional partnerships

> mBTC is permissionless and EVM-compatible, initially integrated with Morpho

> mBTC will not be available in the U.S. or sanctioned countries; assets are held in a bankruptcy-remote SPV

The launch reflects growing Bitcoin utility in DeFi, aiming to provide institutional-quality products to crypto users

Читать полностью…

Eli5DeFi NewsHub

> WeatherXM - Decentralized Weather Economy

https://x.com/eli5_defi/status/1849375791186121118?t=b1T9fttTdkUqX3NUg_pb4Q&amp;s=19

Читать полностью…

Eli5DeFi NewsHub

https://x.com/CryptoNagato/status/1849045707321188840?t=z3EwggFjJqPx01gicg9D5Q&amp;s=09

Читать полностью…

Eli5DeFi NewsHub

Eli5DeFi News Recap

Support us by subscribing :


Eli5DeFi X | Telegram | Farcaster | Newsletter (Relaunch Soon)

————

⭐️HIGHLIGHTS ⭐️

> Ripple CEO - De-Banked by Citigroup due to His Prominent Role in Crypto
> MakerDAO - Reconsiders Sky Rebrand Amid Low Adoption and Community Backlash
> Across Protocol - Uniswap's New Permissionless Bridge Addresses User Demand
> Denmark - Considers Tax on Unrealized Crypto Gains: A New Era for Digital Asset Regulation

————

⭐️ELI5 THREAD ⭐️

> BrahmaFi - The Ultimate On-Chain Account
> Eli5DeFi - Bullish on Chain Abstraction
> 0G Labs - Decentralized AI OS
> Bifrost - Liquid Wave Program

————

⭐️ NEWS ⭐️

> Bitcoin - Retail Activity Demand Spikes in October, Mirroring Pre-ATH Trends
> Solana's Mobile App - A New Era for Blockchain Adoption
> Nigerian Government - Drops Charges Against Binance Executive
> Raydium - Solana's Dominant DEX & its Future Prospects
> zkLink - Postpones Token Vesting, Citing Strategic Market Positioning
> Hyperliquid - Enables 3x Leverage for $GOAT Trading
> Data Availability - Cost Analysis: Ethereum Blobs, Celestia, and the Impact of SuperBlobs on Rollup Efficiency
> raspberryberry/tap-launch-preparation-q-a-a32b25334700">TAP Protocol - Launches Token Airdrop, Exchange Listings, and New Features Detailed
> RUSSELL - Cryptocurrency: Mysterious On-Chain Activity Surrounding RUSSELL Cryptocurrency
> Chromia's Asgard Upgrade - Introducing Chromia Extensions and the Oracle Extension
> Virtuals Protocol - A Deep Dive into AI Agent Co-ownership and Decentralized Finance
> Lazarus Hackers - Exploit Chrome Zero-Day via Fake DeFi Game
> ZKsync - The Future of Tokenization: Revolutionizing Asset Management
> FSB - Finds Tokenization Poses Low Risk to Global Finance, But Warns of Future Vulnerabilities
> Ripple CEO - Predicts Crypto 'Reset' After US Election, Criticizes Biden Administration
> Tesla - Shuffles $780 Million Bitcoin Stash, Sparking Market Volatility
> Core Scientific - AI Expansion: A Multi-Billion Dollar Bet with CoreWeave
> Satflow - Introduces a New DEX for Professional Traders Focusing on the Ordinals and Runes Ecosystems
> D3 Global x Identity Digital - Tokenize Domains, Aiming for Web2/Web3 Interoperability
> Polymarket - Whale Trades Briefly Dip Trump's Presidential Odds

———

⭐️ BOOKMARKED

> Bernstein - Predicts $200,000 Bitcoin Price by 2025: A Conservative Estimate?
> ZachXBT - Alleges Chinese Trader's Role in Lazarus Group's Cryptocurrency Laundering Scheme
> Vitalik Buterin - Verge: A Roadmap for Stateless Ethereum Clients
> Rex Woodbury - Go Deep, Go Broad: Unlocking Startup Success Through In-Depth Understanding
> AVC - Losing Money: Lessons from a Venture Capitalist's Journey
> Kain.eth - Infinex Patron Sale Retrospective: Successes, Challenges, and the Path Forward
> Ryan Watkins - Crypto AI's Rapid Ascent: Echoes of Early DeFi?
> Peter Schroeder - The Stablecoin Revolution: Reshaping Global Finance
> resdegen - Will $ACT Become a Decentralized AI Swarm? A Look at Memetic AI and Crypto Reflexivity
> Howard - Navigating the TON & Telegram Tech Stack
> Chaos Labs - The Evolution of Web3 Prediction Markets
> officercia.eth - Modern Defense Tactics for Cryptocurrency Security: 5 Key Strategies
> seedclubhq/seedclub-network-news-oct-23-2024">Cheryl Douglass - AI-Powered Memecoins: A New Era in Crypto?
> Jason Shubnell - The Impact of Elon Musk's Political Involvement on the Crypto Market
> mystri.eth - Proxy Providers and the Decentralization of Crypto
> aeyakovenko - Price Discovery and Fee Mechanisms in Blockchain Networks: BTC, ETH, and Beyond
> Bradley Keoun - WBTC's Restructuring: Justin Sun's Role and the Fight for Trust
> Timothy Burgess - Crypto in Your Portfolio: Enhancing Returns and Risk-Adjusted Performance
> Jennifer Schulp, Jack Solowey - Stablecoins and the Fed: A Conflict of Interest?

————

⭐️ FUNDING⭐️

> Borderless.xyz - Raises $3 Million Pre-seed Round
> Variational - Raises $10.3 Million
> Azura - $6.9M Seed Round
> Party Icons - Raises $9 Million Seed Round

————

⭐️ TESTNET/ AIRDROP⭐️

> N/A

Читать полностью…

Eli5DeFi NewsHub

Solana's Mobile App Boom: A New Era for Blockchain Adoption

Solana is experiencing a surge in mobile app development, with several projects launching or planning mobile versions to improve user accessibility and potentially capitalize on the success of platforms like Telegram

> Solana's mobile app ecosystem is rapidly expanding, with projects like Jupiter, DRiP, Birdeye, and Cube Exchange developing mobile applications

> Upcoming apps include Cube’s Telegram app next week and an iOS version in November, with DRiP anticipated in December

This movement toward mobile represents a pivotal moment for Solana, aiming to enhance user accessibility in the crypto world

Читать полностью…

Eli5DeFi NewsHub

Introduces Across Protocol: Uniswap's Permissionless Bridging Across Nine Networks

Uniswap has launched permissionless bridging across nine networks (Ethereum, Base, Arbitrum, Polygon, OP Mainnet, Zora, Blast, World Chain, and ZKsync), powered by Across Protocol, addressing user demand for easier cross-chain asset movement

> This new feature aims to simplify cross-chain asset transfers, addressing challenges with existing methods

> Across Protocol's permissionless design uses a decentralized network of liquidity pools and relayers

Uniswap’s seamless bridging is a game-changer, unlocking effortless cross-chain transfers and redefining user experience in crypto

Читать полностью…

Eli5DeFi NewsHub

https://x.com/HyperliquidX/status/1849071650911977878?t=rtSQUb9i3LcpAvsp0T-wjw&amp;s=09

Читать полностью…

Eli5DeFi NewsHub

Eli5DeFi News Recap

Support us by subscribing :


Eli5DeFi X | Telegram | Farcaster | Newsletter (Relaunch Soon)

————

⭐️HIGHLIGHTS ⭐️

> Bitcoin - Stumbles at $70K, Pulling Crypto Market Down: DOGE, XRP Lead Losses
> India - Bold Move: Considering a Ban on Cryptocurrencies for a Central Bank Digital Currency
> Vitalik Buterin - Critiques Michael Saylor's Crypto Regulatory Approach

————

⭐️ELI5 THREAD ⭐️

> 0G Labs - Decentralized AI OS
> Bifrost - Liquid Wave Program
> Bring Joy Back To DeFi - Asymmetry Finance
> Will GPUs DePIN Shape the Future of AI? feat. IONet

————

⭐️ NEWS ⭐️

> BitFuFu Inc. - Acquires 80-MW Bitcoin Mining Facility in Ethiopia, Increasing Global Footprint
> Bitfinex - Lending Rates Surge to 30% APR, Signaling Bull Market
> Elixir Network - Announces the Launch of Mainnet Phase I: The Initial Step Towards Decentralization
> The Ultimate Chain Abstraction Guide - A Deep Dive into the Stack
> Tesla - Holds Onto 11,509 BTC Despite Recent Wallet Activity
> $FLAVIA - A Deep Dive into the Next Memecoin Sensation
> Spot Bitcoin ETF - See $79 Million in Outflows After Seven-Day Inflow Surge
> CreatorBid - Launches First AI Agent Launchpad on Base
> Ethereum - Verge Roadmap: A Deep Dive into Stateless Verification and Validity Proofs
> Parallelization in Blockchain - A Deep Dive into Solana and Beyond
> Circle - Expects the UK to Introduce Stablecoin Laws in 'Months, not Years'
> Japan - Cautious Approach to Crypto ETFs: Tax, Regulation, and the Path Forward
> Nigeria Court - Drops Charges Against Binance Exec Tigran Gambaryan Amidst Ongoing Money Laundering Case Against Company
> DRW CEO - Slams SEC's Crypto Crackdown, Drawing Parallels to Past CFTC Victory
> Partisia Blockchain - Addressing Data Privacy Concerns in Public Blockchains

———

⭐️ BOOKMARKED

> Jesse Knutson - Bitcoin's Superior Security: A Foundation for the Next Generation of Capital Markets
> nate - Hiring Quality Marketing Talent in Crypto: The Current Challenges
> YB - The Barbell Strategy: Positioning in the Evolving Stablecoin Landscape
> Nexus - PvP Intensifies: Hot Ball of Money Shrinking
> Game for One - Systematize Your Memecoin Trading: A Checklist Approach

————

⭐️ FUNDING⭐️

> N/A

————

⭐️ TESTNET/ AIRDROP⭐️

> N/A

Читать полностью…

Eli5DeFi NewsHub

https://x.com/zachxbt/status/1849071080180240751?t=mc-lv_ltHxuNMXO0PbAHAQ&amp;s=09

Читать полностью…
Subscribe to a channel