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Aerodrome tops $1 billion in deposits, dominating DeFi on Base

Base network's TVL increased to $2 billion, primarily due to Aerodrome DEX, which surpassed competitors in volume and fees since its launch in September 2023.

theblock.co • 03/10/2024 - 05:07 AM

The Daily: FTX's reorganization plan gains the support of most creditors, EigenLayer's token begins trading and more

Today's newsletter discusses FTX's creditor support, EigenLayer token launch, Metaplanet's bitcoin acquisition, and Pike Finance's liquidity issues, along with Vitalik Buterin's thoughts on Polymarket.

theblock.co • 01/10/2024 - 17:35 PM

EigenLayer token trades on exchanges at $7 billion FDV as transfer restrictions lift

EigenLayer lifted restrictions on the EIGEN token, allowing trading and asset movement, with a current valuation of $7.1 billion and a total value locked of $12 billion.

theblock.co • 01/10/2024 - 05:30 AM

Initia raises $2.5 million in under 2 hours on Cobie's Echo at $250 million token valuation

Initia, a blockchain project, raised $2.5 million via the Echo platform, emphasizing decentralized fundraising and community engagement, marking a significant milestone in crypto investment opportunities.

theblock.co • 27/09/2024 - 19:35 PM

Initia raises $2.5 million in under 2 hours on Cobie's Echo at $250 million token valuation

Initia raised $2.5 million through Echo after a $14 million Series A, emphasizing community engagement and decentralization in fundraising amid ongoing platform improvements.

theblock.co • 27/09/2024 - 19:35 PM

Initia raises $14 million Series A at $350 million token valuation

Initia has raised $14 million in a Series A round ahead of its mainnet and token launch. The round brings Initia’s fully diluted token valuation to $350 million, co-founder Ezaan Mangalji — who goes by “Zon” — told The Block.

theblock.co • 25/09/2024 - 13:05 PM

Initia raises $14 million Series A at $350 million token valuation

Initia, a blockchain project, raised $14 million to develop a Layer 1 network and interwoven optimistic rollups, totaling $22.5 million in funding to date.

theblock.co • 25/09/2024 - 13:05 PM

Polymarket bet for 2024 US presidential election winner crosses $1 billion mark

Polymarket's bets for the next U.S. president exceeded $1 billion, with Vice President Kamala Harris and Donald Trump leading. The platform experiences heightened interest ahead of the election.

theblock.co • 24/09/2024 - 18:35 PM

Ethena Labs temporarily shutters frontend website after its domain registrar account was compromised

Ethena Labs temporarily deactivated its frontend due to a domain registrar compromise; users' funds remain safe, highlighting common frontend attacks in the crypto industry.

theblock.co • 18/09/2024 - 17:40 PM

Monerium rolls out euro-backed stablecoin on Cosmos via Noble

Monerium launched EURe, the first euro-backed stablecoin on the Noble blockchain, facilitating euro transfers and complying with EU regulations, enhancing liquidity in the Cosmos ecosystem.

theblock.co • 18/09/2024 - 13:05 PM

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