Binance Labs invests in EigenLayer restaking protocol Renzo
Binance Labs, the venture capital arm of Binance, has invested in Renzo. Renzo is a Liquid Restaking Token (LRT) and Strategy Manager for Ethereum restaking protocol EigenLayer. Binance’s venture capital…
a16z invests $100 million in Ethereum protocol EigenLayer
a16z has invested $100 million in Ethereum restaking protocol EigenLayer. The startup founded by former University of Washington associate professor Sreeram Kannan raised $50 million in March. EigenLayer has a…
Binance Labs invests in Ethereum liquid restaking protocol Puffer
Binance Labs has invested an undisclosed amount in Ethereum restaking protocol Puffer. Puffer Finance will use these funds to develop its Layer 2 network and to bring ETH staking and…
Polygon’s AggLayer protocol for blockchain integration, set to launch in Feb
Polygon introduces AggLayer protocol for seamless blockchain integration. AggLayer aims to unify liquidity and enhance user experience across platforms. Potential MATIC decline could be offset by the positive sentiment surrounding…
Synthetix deploys first perpetuals protocol on Base
Synthetix’s deployment of V3 Perps on Base allows developers on the Ethereum L2 blockchain to create and launch their own crypto perpetuals products. V3 Perps on Base will help Synthetix…
Chainlink hits yearly high, Near Protocol rises silently, Pullix (PLX) gathers steam in presale
Pullix hybrid exchange, PLX token “Trade-to-Earn” revolutionizes DeFi. Chainlink (LINK) reaches yearly high amid Polygon integration. NEAR Protocol (NEAR) silent rise amid strategic integrations. The decentralized finance (DeFi) landscape rapidly…
Crypto market gains momentum led by Bitcoin & RebelSatoshi despite Aurory Protocol security breach
In the fast-paced world of cryptocurrencies, Aurory, a gaming platform on the Solana blockchain, recently faced a significant security breach. Meanwhile, the broader crypto market is gaining momentum, with Bitcoin…
DeFi protocol Dolomite launches vARB to bring dual functionality to ARB holders
Dolomite says vARB is a “vote-enabled ARB” token that will allow holders to participate in Arbitrum’s governance through voting. While it cannot be lent or borrowed, vARB means users can…
NEAR Protocol spikes 20% to hit $3: Is NEAR just getting started?
NEAR Protocol (NEAR) price rose 20% on Wednesday to hit $3 as TVL reached $76 million. Technical indicators suggest bulls have the upper hand and could target $6.00. NEAR Protocol…
Crypto token outlook this week: Vertex Protocol (VRTX)
Vertex Protocol (VRTX), the decentralised exchange (DEX) on Arbitrum, is seeing increased volumes for spot and perpetuals. VRTX price was 33% up in 24 hours, hitting $0.44 and 89% up…