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DeFi

Ethereum Rollup Startup StarkWare Closes Series D At $8B Valuation 
DeFi

Ethereum Rollup Startup StarkWare Closes Series D At $8B Valuation 

Even though the price of ETH has fallen by about 50% since early April, Ethereum scaling solutions continue to secure huge amounts of funding to address the bottlenecks that slow down the blockchain and make it expensive to use. On May 25, StarkWare, an Israeli startup building Layer 2 scaling solutions for Ethereum, announced the…
Catalog is the Deadpool of DEX's
DeFi

Catalog is the Deadpool of DEX's

Catalog is a secure, decentralized platform that makes it easy to buy, sell, and store cryptocurrencies like Bitcoin, Ethereum, and more.
Vitalik Proposes Soulbound Tokens as Web3 Credentials of the Future
DeFi

Vitalik Proposes Soulbound Tokens as Web3 Credentials of the Future

Ethereum creator Vitalik Buterin recently proposed a new kind of token standard that will help users gain insights into others’ real-world activities, accomplishments, likes and dislikes.
MakerDAO Regains Top Spot on TVL Leaderboard
DeFi

MakerDAO Regains Top Spot on TVL Leaderboard

MakerDAO is once again the largest DeFi protocol by Total Value Locked.
Filecoin and Lockheed Martin To Launch IPFS Into Space
DeFi

Filecoin and Lockheed Martin To Launch IPFS Into Space

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 Launches Beta Version of Non-Custodial Crypto Wallet
DeFi

GameStop Launches Beta Version of Non-Custodial Crypto Wallet

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…
Federal Reserve Survey Finds 12% of U.S. Adults Held Crypto Last Year
DeFi

Federal Reserve Survey Finds 12% of U.S. Adults Held Crypto Last Year

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…
Stablecoins In Regulators’ Crosshairs After Terra Collapse
DeFi

Stablecoins In Regulators’ Crosshairs After Terra Collapse

Regulators around the world are turning their attention to stablecoins after UST's collapse.
Stablegains Under Fire After Going All-In On Anchor
DeFi

Stablegains Under Fire After Going All-In On Anchor

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.
Optimism Targets ‘Ethereum Equivalence’ With New L2 Upgrade
DeFi

Optimism Targets ‘Ethereum Equivalence’ With New L2 Upgrade

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…