MakerDAO is once again the largest DeFi protocol by Total Value Locked.

The Interplanetary File System (IPFS), a protocol for peer-to-peer file data sharing and storage,  is set to live up to its name through a partnership with Filecoin and U.S. space and weapons company Lockheed Martin.  Filecoin, which relies on IPFS, wants to store an IPFS node on one of Lockheed Martin’s spaceships. When the spaceship…

GameStop, the embattled video game store and meme stock, launched a non-custodial Ethereum browser wallet in beta on Tuesday. Users control their assets and must manage the wallet’s private keys themselves. The wallet is available from the Chrome Web Store for the Chrome and Brave browsers, and an iOS version of the app is “coming…

Nearly one in eight U.S. adults owned crypto during 2021, according to a survey from the Federal Reserve on May 23. In the central bank’s Economic Well-Being Of U.S. Households in 2021 report, the Fed found that 12% of the 11,000 U.S. adults surveyed held cryptocurrency last year. About 92% of the Americans held crypto…

Regulators around the world are turning their attention to stablecoins after UST's collapse.

Stablegains offered U.S. users a 15% yield on their deposits and used Anchor Protocol behind the scenes. Now, users are alleging they were scammed after UST's collapse.

Ethereum scaling solution Optimism today announced Bedrock, an upgrade that improves speeds and cuts costs for those that trade on the L2. Optimism is a rollup: a Layer 2 scaling solution that batches transactions on another blockchain, then feeds them back to Ethereum as a single transaction. Rollups enjoy the security of Ethereum’s mainnet while…

ConsenSys, Joe Lubin’s Ethereum software company, has rolled out a new tool it claims will smoothen Ethereum’s transition to Proof of Stake in August, also known as “The Merge.” The tool, “Bonsai Tries State Storage”, came out of early access on May 17. It runs on ConsenSys’s Ethereum client, Hyperledger Besu. State tries are Ethereum…

In the last two years the US government has printed a scarcely believable 4.6 trillion dollars. Quantitative easing the only card they could play to combat the pandemic and keep the economy on its feet. The result, rampant inflation over 8% leaving the Fed only one move – raise interest rates to reduce its balance…

Cryptocurrency miners continue to pump computing power into the Ethereum and Bitcoin networks despite their tokens’ recent price drop.