Coral Finance, an innovative platform in the decentralized finance and AI (DeFAI) sector, has recently accomplished its latest Angel investment round. According …
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DeFi
Ethereum Holds Clear Lead as TVL Expands Across Emerging Chains and Layer 2 Networks
by shayaanby shayaanEthereum leads with $46.7B TVL, over 6x higher than Solana’s $7.42B. Layer 2s like Base, Arbitrum cross $2.5B TVL, showing rapid ecosystem …
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Finance
MIT-Incubated Optimum Raises $11M Seed Round to Build Web3’s Missing Memory Layer
by shayaanby shayaanOptimum, a decentralized, performance-enhancing memory layer for any blockchain, raised an $11 million seed round, inviting its creators from institutions like Harvard …
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Uniswap Labs’ decision to launch Unichain, its Layer-2 (L2) network, without extensive consultation with the Uniswap DAO has sparked significant controversy within …
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Permissionless liquidity layer Orderly has announced the integration of its omnichain infrastructure with Berachain. Berachain, which launched its BERA token recently, is …
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Markets
Pudgy Penguins’ Layer 2 Network, Abstract, Struggles to Attract Liquidity
by shayaanby shayaanAbstract, the layer-2 network rolled out this week by Pudgy Penguins, is off to a muted start despite offering a series of …
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If you’ve been paying attention to blockchain news, you’ve probably seen the hype around NFTs and how they’re being used to fund …
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Markets
Coinbase’s Layer 2 System Base Gets a Marketplace Linked to Gas Revenue
by shayaanby shayaanThe runaway success of Base, the Coinbase-owned Ethereum overlay blockchain designed for faster, cheaper transactions, has prompted the creation of a market …
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Ethereum is witnessing a surge in “blob” usage, an effective data management tool introduced earlier this year, signaling that more users are …
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DeFi
Aave Gauges Community Interest for Expansion to Bitcoin Layer 2 Spiderchain
by shayaanby shayaanAave is gauging the interest of its community for deployment on Bitcoin layer-2 network Spiderchain. Spiderchain’s builder, Botanix Labs, developed the blockchain …