Ethena's USDe: The next stablecoin to fail
Ethena is a pioneering DeFi project that offers a stablecoin, USDe, backed by Ethereum and Bitcoin through a strategy known as delta-hedging. This article explores Ethena’s operational mechanics, yield sources, and the potential risks that could impact its stability and profitability in the volatile cryptocurrency market.
Botanix Labs and the Vision for a Bitcoin-based Layer 2
This article examines the core technology and innovations being introduced by Botanix Labs, the company’s progress over the past several months, and future potential.
Babylon Chain: The Bitcoin Staking Pioneer
In this article, we explore Babylon Chain, the brainchild of engineers David Tse and Fisher Yu, who seek to promote greater decentralization, utility, and security for Bitcoin and Proof-of-Stake chains.
Bitcoin Virtual Machine: One L2 Metaprotocol to Power Them All
Bitcoin Virtual Machine, an ambitious project announced in February 2024, might have an answer: a meta protocol fit with all the tools developers need to build their own Bitcoin L2s. This must sound familiar, given the popularity of the Ethereum Virtual Machine. In this article, we’ll explore how BVM works and the particular challenges it is solving in the Bitcoin ecosystem.
Merlin Chain and the Making of a Bitcoin-Native Layer 2 Network
It was officially announced in January 2024, and a testnet bridge was launched soon after. In February, the mainnet was rolled out with a fair launch event tagged Merlin’s Seal that achieved a TVL of over $3.5 billion. Merlin Chain recently secured seed round funding from 24 investors, led by OKX Ventures, ABCDE, Foresight Ventures, and Arkstream CapLike. Like other Bitcoin Layer 2 solutions, Merlin aims to unlock greater utility for Bitcoin, boosting its adoption and enhancing its user base.
TON flips Cardano - Flagship Vault Update Week 15
Over the past seven days, the share price of the Portfolio Vault went from $80.48 to $91.38, a 13.73% increase. The best-performing asset in the Flagship vault was TON. TON has flipped Cardano and has re-entered the top 10 market caps.
Everything u need to know about the Solana Firedancer update
The Solana Firedancer update significantly enhances the blockchain's infrastructure, aiming to improve performance, reliability, and scalability. Developed by Jump Crypto, Firedancer addresses critical issues like network congestion and high operational costs, promising a more robust and efficient platform as Solana prepares for its mainnet launch in the summer of 2024.
State of Bittensor #3
Bittensor, the leading blockchain for AI, has seen explosive growth over the past months. In this edition of our Bittensor update, we'll shine a light on some key stats and developments of Bittensor's AI ecosystem.
Apr 05
Pendle Dominating The Market - Flagship Vault Update Week 14
Over the past seven days, the share price of the Portfolio Vault went from $82.74 to $80.48, a 2.73% decrease. The best-performing asset in the Flagship vault was Pendle Finance. Pendle Finance increased by 18%, with its TVL reaching over $4 billion.
Apr 03
The world of Ordinals DeFi
Ordinals are digital assets inscribed onto individual satoshis and attribute unique numbers to these satoshis. Inscriptions can be in many forms: text, image, video, code and so on. This piece focuses on three protocols enabling trading, lending, borrowing against or staking Ordinals.
Apr 01
Top 10 crypto projects that raised venture capital in March
In March 2024, $1.02 Billion was raised by crypto startups across 163 unique rounds. These projects span various sectors such as RWA, Interoperability, Gaming, and A.I., and have secured funding ranging from $1.25 million to $15 million.
Mar 31
How Bitcoin staking works and the leading projects
This article explores Bitcoin's transition into the DeFi sector, emphasizing its role in staking mechanisms through Layer 2 networks. It highlights the potential of Bitcoin DeFi to redefine economic structures with a community-driven interest rate model, contrasting traditional financial systems' shortcomings.
