Tag: Launch

DYdX to launch decentralized order book exchange on Cosmos: KBW 2023

Decentralized exchange (DEX) platform dYdX plans to offer a “purely decentralized” order book exchange as it migrates its ecosystem from the Ethereum network to the interchain network Cosmos. At the Korea Blockchain Week 2023, Cointelegraph’s Andrew Fenton spoke with dYdX Foundation CEO Charles d’Haussy about the DEX’s plans to implement decentralized order books on their exchange and how they plan to shift their ecosystem onto a new blockchain network. Attendees at the Korea Blockchain Week 2023 held in Seoul, South Korea. Source: Cointelegraph In the interview, d’Haussy told Cointelegraph that…

Base suffers first major outage since launch

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Coinbase’s Ethereum layer-2 network Base has suffer its first major outage since its public launch on Aug. 9. For approximately 45 minutes on Sept. 5, no new blocks were produced on the Base chain. Its developers first identified the “stalled” block production at 9:36 pm UTC, according to the Base status site. Block production on the Base network stalled at 9:36pm Sept. 5. Source: BaseScan “We identified a delay in block production due to part of our internal infrastructure requiring a refresh. We’ve implemented a fix and are seeing widespread…

London Stock Exchange Operator in Talks With Government To Launch New Blockchain-Powered Trading Venue: Report

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The London Stock Exchange Group (LSEG) is developing a new blockchain-powered trading venue, according to a new report. Murray Roos, a group head of capital markets at LSEG, tells the Financial Times that his company is “definitely not building anything around crypto assets.” Rather, Roos says they plan to use blockchain technology to make traditional asset trading more efficient. “The idea is to use digital technology to make a process that is slicker, smoother, cheaper and more transparent… and to have it regulated.” LSEG operates the London Stock Exchange, one…

Aerodrome launch pushes Base TVL past $400m

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The total value locked (TVL) on the Base layer-2 network spiked to more than $400 million since the launch of the Aerodrome decentralized exchange. The most recent information from DefiLlama shows that the TVL of Base, a layer 2 Ethereum (ETH) network developed at Coinbase, increased by more than 56% to reach $405.66 million in the past week. With the launch of Aerodrome on the Base chain, the TVL on the Base chain has exceeded 400…

Oprah Winfrey and Dwayne Johnson launch crypto fundraising for Maui

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The celebrities Oprah Winfrey and Dwayne “The Rock” Johnson launched the People’s Fund of Maui initiative, which accepts crypto donations. During August, the Hawaiian island of Maui was impacted by wildfires that caused massive property and personal damage. We’re honored to announce the People’s Fund of Maui, a fund putting money directly in the pockets of those who were affected by the recent wildfires. As @Oprah and I have seen firsthand, the impacts of these wildfires…

StarkWare, Herodotus launch tech to verify data from any point in Ethereum’s history

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A new zero-knowledge proof (ZK-proof) technology is set to improve the ability to access and verify historical data from the Ethereum blockchain, with deep chain validation cited as a usability barrier of the network. Technology firm Herodotus has released its on-chain accumulator, which uses storage-proof cryptography, allowing users to verify data from any point of Ethereum’s blockchain without needing a third party. The solution makes use of StarkWare’s STARK proofs, the ZK-proof technology co-invented by mathematician Eli Ben-Sasson. StarkWare presented Herodotus with a custom-built instance of its shared prover service SHARP,…

This Metric Indicates Shibarium Is Growing Rapidly Following Its Public Launch

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Shibarium has only been live for a few days but is already showing early signs of success. The Ethereum layer-2 scaling solution, which hopes to provide lower gas fees and faster transaction times for the Shiba Inu community, has seen some impressive growth numbers in terms of Total Value Locked (TVL).  TVL Crosses $1.4 Million Since Shibarium launched its mainnet, the total value deposited in the network has skyrocketed. The TVL recently crossed $1.4 million, indicating strong interest in the new chain.  Data from DeFi TVL aggregator DeFiLlama shows that…

Shibarium Launch Proves Positive As Shiba Inu-Based BONE Celebrates New Milestone

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Following its temporary shutdown, Shibarium has made a comeback and relaunched. This release of the layer 2 blockchain has pushed the BONE price upwards, recording new milestones for the token.  Shibarium Relaunch Ignites Bullish Trend For BONE Bone Shibaswap (BONE) has recorded a massive price increase of about 17% in the last 24 hours after Shibarium made an official relaunch and became open to the public on Thursday, August 24. The number of BONE addresses has also increased to 90,151 while SHIB burn rates are running high. Currently, the BONE…

AVAX Dump Continues Despite Puma/Roc Nation Sneaker Launch On Avalanche

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AVAX, the native currency of the Avalanche blockchain, is trading at new 2023 lows at the time of writing on August 26. Trading at $10, the coin is down 55% from 2023 highs and roughly 25% alone in August 2023. At this pace, AVAX has not only broken mid-June 2023 lows but could break below the critical June 2021 support. AVAX Is Sinking A look at the daily candlestick arrangement in August shows that sellers have been unwavering and firm despite the general optimism amongst supporters. Of note, it is…