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2023-02-03 11:24:50 Ethereum Shanghai upgrade news: The network’s highly anticipated upgrade is set to go live sometime in March or April. It will allow ETH stakers to withdraw their cryptocurrency currently locked in the ETH 2.0 smart contract. But the question is, will unlocking this amount cause immense selling pressure?
A dress rehearsal (Zhejiang testnet) for the Ethereum Shanghai upgrade is about to begin. It serves to replace the Shandong testnet because when the latter was launched, it included several EIPs that will not be rolled out with the upgrade.
According to Paritosh, Developer at the Ethereum Foundation, the Zhejiang testnet is a great opportunity for all tools to test out how they want to collect, display and use the withdrawal information.

At the time of writing, the current price of Ethereum is $1,667.61 with a one-day trading volume of $9,876,481,170. ETH has risen by nearly 5.51% during the past 24 hours. The coin strongly holds the second position on CMC, with a live market cap of $204,071,388,357. Open / Comment

2023-02-02 18:02:20 Uniswap on BNB Chain: Wormhole wins bridge selection vote

Wormhole has won a temperature check vote on the Uniswap DAO as the preferred crypto bridge provider for the proposed deployment of Uniswap v3 on the BNB Chain, according to the details of an off-chain vote concluded on Tuesday. The vote spurred a spirited debate about the correct approach to multi-chain protocol design. Wormhole was among a list of four crypto bridge protocols in the vote. The others were LayerZero, Celer, and deBridge. Wormhole secured 62% of the votes to win the polls, according to data from Snapshot. Wormhole will now be included in the final governance proposal for the deployment of Uniswap v3 on the BNB Chain. The Uniswap community had recently finished a preliminary vote to deploy its decentralized exchange protocol on the BNB Chain. Open / Comment

2023-02-01 22:38:26 LG partners with Oorbit to provide customers with an interoperable metaverse

South Korean multinational conglomerate LG has reportedly partnered with metaverse platform Oorbit to bring interoperable metaverse experiences to LG TVs. In particular, the two will collaborate to bring many interoperable metaverses to the masses, ultimately boosting mainstream adoption in Web3.
Interoperability means that these experiences can be connected and consumers can transfer all their virtual things from one virtual experience to another.

Oorbit is the Web3 company that brings the 3D web to every home, desktop, and pocket. The company claims to have been developing its metaverse technology for over a decade, unlike LG, which is one of the first. Open / Comment

2023-02-01 07:07:06 On February 1, OKX will delist the Gemini GUSD stablecoin exchange. OKX Convert will not be available for GUSD products. Open / Comment

2023-01-31 22:54:51 NFT platform Sudoswap is giving away its own cryptocurrency, sudoswap (SUDO), as part of its Airdrop campaign, which began on January 30th. Open / Comment

2023-01-30 20:45:52 Decentralized Exchange Vela’s DXP Token Surges Ahead of Beta Release on Arbitrum

Arbitrum-based decentralized trading platform (DEX) Vela Exchange’s DXP utility token has mounted a powerful rally as the project prepares to release its much-anticipated beta version next week. Vela Exchange was originally known as Dexpools on Ethereum before moving development to Arbitrum, an Ethereum layer 2 blockchain. The platform allows for spot and perpetual futures trading, as well as peer-to-peer over-the-counter (OTC) trading where traders can avoid slippage and frontrunning. The platform’s beta version opens for registered testers with early access on Jan. 31, and will be available for the broader public starting Feb. 7, according to the project’s website. Open / Comment

2023-01-29 23:25:34 DeFi Lender Aave Launches On Ethereum Network Version 3

Aave, a decentralized lending and borrowing system, has launched its third iteration on the Ethereum network in response to unanimity in favor of a governance proposal. Aave protocol has $4.56 billion in total value locked (TVL), a rise of 23.37% over the previous 30 days. The Aave V3 upgrade will put a special emphasis on reducing user risk and enhancing capital efficiency (High Efficiency Mode) when staking or borrowing correlated assets like stablecoins and liquid staking derivates (LSDs). Liquid staking derivatives are contracts for derivative products that let consumers keep an asset’s liquidity while staking it in exchange for a payout. According to DeFiLlama, the Aave protocol has $4.56 billion in total value locked (TVL), a rise of 23.37% over the previous 30 days. Open / Comment

2023-01-28 23:53:54 Yves Saint Laurent Reveals Its Web3 Vector by Submitting Applications for NFTs and the Metaverse

Yves Saint Laurent is one of the most provocative luxury beauty brands, embodying the core values of haute couture. The French label of the same name is now preparing to mark a new milestone in its history by bringing its 60 year legacy to web3.

Thus, following in the footsteps of other luxury beauty brands including L'Oreal, Givenchy and the like, YSL recently filed for NFT and metaverse trademarks regarding its resounding brand name and logo. Open / Comment

2023-01-27 22:15:50 DYdX pushes back $156 million of token unlocks for investors to December from February

Decentralized exchange dYdX delayed its token unlocks for investors to Dec. 1 from Feb. 3, according to a note sent out to investors obtained by The Block. The exchange was set to release 150 million tokens ($282 million) to investors, community members and the project’s treasury next month.Under the new schedule, the 83 million tokens — 30% of the 277 million tokens destined for investors in total — will be unlocked On Dec. 1, according to the note. After that happens, 40% of the total tokens will unlock monthly over the following six months, then 20% over the following year and 10% the year after that. DYdX is currently based on StarkEx, a zero-knowledge proof-powered layer running on top of Ethereum. Open / Comment

2023-01-26 18:06:49 NEWS OF THE WEEK
Chainers.io is getting ready to launch the Big MMO NFT Game and giving away free NFTs now!
Get your Chainers today and update it daily with 3 free NFTs HERE.
Get ready for the Big Game and break into the crafting world at top speed
To receive free NFTs, you only need to register on the Chainers website - chainers.io 
What is Chainers?
Deep-immersive, Polygon-powered NFT game
Creative economy and mind-blowing gameplay
Free-to-start concept
More than 60K strong community
Cozy crafting world
DAO inspired ecosystem
LOG IN HERE Open / Comment