Breaking News: PROTOCOLS – Market Insights, Analysis & Latest Updates

Aave and MakerDAO shine as DeFi revenues revisit 2021 highs amid new entrants

In 2024, several DeFi protocols achieved record revenues, with Solana's Pump.fun leading. Aave, MakerDAO, and Ethena also saw substantial growth, marking a DeFi renaissance.

theblock.co • 05/01/2025 - 17:01 PM

AnonCast founder rolls out fully anonymous social platform on Farcaster

Kartik Patel launched Anon World, a Farcaster-based platform for anonymous interactions, featuring community discussions, ERC20 token requirements, and zero-knowledge proof technology for user anonymity.

theblock.co • 03/01/2025 - 07:09 AM

Grayscale Research adds six tokens to its 'Top 20' for next quarter

Grayscale Research adds six tokens to its 'Top 20' list, emphasizing potential growth amidst evolving regulatory and technological themes.

theblock.co • 30/12/2024 - 13:54 PM

The Funding: Crypto VC Recap 2024

Venture capital investment in crypto and blockchain increased by 28% in 2024, driven by market optimism and strong early-stage funding, despite remaining below previous highs.

theblock.co • 29/12/2024 - 18:07 PM

Jupiter DEX aggregator to distribute 700 million tokens in January airdrop

Jupiter, a Solana DEX aggregator, announces airdrop of 700 million tokens with incentives based on trading volume, aiming to broaden its user base and enhance community engagement.

theblock.co • 27/12/2024 - 07:11 AM

Smart contracts get smarter: How AI agents are changing the blockchain space

Recent shifts in AI-driven blockchain projects focus on creating “agents”— AI-powered bots capable of performing autonomous tasks like trading, investment management and user interaction. AI agents have the advantage of continuously updating their models to improve decision-making, a capability traditional software bots lack.

theblock.co • 25/12/2024 - 14:01 PM

Hyperliquid sees record outflows following North Korea hack concerns

Hyperliquid faced $249.1 million in net outflows after allegations of DPRK hackers on its platform surfaced, prompting concerns about security and token volatility.

theblock.co • 24/12/2024 - 09:43 AM

The Daily: World Liberty Financial teams up with Ethena, Polygon rejects $1.3 billion stablecoin proposal and more

World Liberty Financial, the fledgling DeFi project supported by President-elect Donald Trump, announced a “long-term collaboration” with synthetic dollar project developer Ethena Labs, starting with the implementation of sUSDe as a collateral token on the WLFI protocol. Polygon community members rejected a recent preliminary proposal to deploy $1.3 billion in stablecoins from the PoS Chain bridge for yield generation, citing security and user consent concerns. Ethereum Name Service (ENS), which simplifies address resolutions on blockchains, selected Consensys-backed Linea’s zkEVM technology to build its Namechain Layer 2 network as part of the ENSv2 upgrade. The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

theblock.co • 18/12/2024 - 19:53 PM

The Daily: Pudgy Penguins' PENGU token goes live, LastPass exploiters drain millions of dollars in crypto and more

Pudgy Penguins launched its PENGU token while LastPass breach-related hacks continue. Lido phases out Polygon staking, and Tether invests in StablR for European stablecoin adoption.

theblock.co • 17/12/2024 - 19:11 PM

Lido begins phasing out staking service for Polygon PoS chain

Lido has phased out its staking services for Polygon PoS due to low adoption and challenges while emphasizing a shift towards Ethereum-focused initiatives and user needs.

theblock.co • 17/12/2024 - 08:13 AM

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