Wall Street Memes (WSM) is a memecoin project that has achieved a remarkable feat, amassing over $25 million in initial capital. The project is now in its 30th and final presale phase, and is set to list on major exchanges on September 27th. To further attract investors, the project has rolled out a staking mechanism […]
Federal Reserve Chair Jerome Powell spoke today and in his Jackson Hole speech he cautioned that inflation remains too high and that the central bank remains open to raising rates further if needed. This has strengthened the narrative that interest rates are likely to remain higher for longer. After a brief sell-off, the United States […]
This week in DeFi saw developers behind Base and Optimism protocols join forces to create a revenue and governance sharing framework. Additionally, the $1.5 billion Multichain hack has seen some new evidence, and blockchain security provider Quantstamp has introduced a new DeFi tool to detect flash loan attack vulnerabilities in several protocols. Shiba Inu’s Ethereum […]
1inch Network has recently deployed its aggregation protocol and limit order protocol on the Base network, an initiative supported by Coinbase. This project aims to broaden its presence in decentralized finance (DeFi) and provide increased security, stability, and scalability for decentralized applications. Teaming up with Base grants access to Coinbase’s products, increasing influence and allowing […]
Donald Trump’s nonfungible tokens (NFTs) surged in price after a photo of the former United States President was released as part of his criminal case in Georgia. Data from NFT marketplace OpenSea showed that the floor price of Trump’s line of digital trading cards increased more than 62% from 0.138 to 0.224 Ether ETH ($1,645) […]
Coinbase has announced a new Ethereum layer-2 scaling solution called Base, which will share a portion of its revenue with its development partner, the Optimism Collective. The Optimism Collective is a group of companies, communities, and citizens working together to reward public goods and build a sustainable future for Ethereum.Base and the Optimism Collective have […]
Uniswap has become the premier decentralized trading spot for users since the beginning of 2023, surpassing Coinbase in terms of spot trading volumes. Uniswap facilitated up to $150 billion in trading volume in Q1 of 2023, while Coinbase came out at $145 billion worth of trades. Uniswap also dominated in Q2 of 2023, surpassing Coinbase […]
Num Finance, a stablecoin issuer focused on the Latin America market, has launched a new stablecoin pegged to the Colombian Peso. The new stablecoin is dubbed nCOP and will be issued on the Polygon network, Num Finance’s blockchain partner, and is designed to bring the benefits of borderless transactions to the Colombian remittances market. Num […]
The Hong Kong Monetary Authority (HKMA) released a report on Aug. 25 detailing the findings of its Project Evergreen study which analyzed the market impact of bond tokenization. The report concluded that tokenization provides improvement for the bond market, and Eddie Yue, the chief executive of the HKMA, said it highlighted the potential of deploying […]
Pyme is a platform revolutionizing the investment landscape in the world of cryptocurrency and Web3 companies. It focuses on empowering individuals from diverse backgrounds and democratizing finance, connecting investors with early-stage Web3 ventures. Pyme evaluates factors such as technology, team composition, market potential, and scalability to reduce risks associated with early-stage investments.Pyme also provides comprehensive […]
