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2023-04-10 17:41:57 Top 10 Blockchains by Daily Active Users

Let’s compare top 10 blockchains by the current number of daily active users and their change in last 7 days, according to tokenterminal.com, in order to evaluate networks’ adoption at the moment. Open / Comment

2023-04-10 13:50:36 LABEL Foundation (LBL) has secured $1M investment from DWF Labs

LABEL Foundation $LBL, a Web3 music platform that develops an NFT infrastructure for talented musicians and content creators, has received $1M investment from DWF Labs. With new capital LABEL will be able to expand the reach of Listen-and-Earn TRACKS dApp, introducing new features such as NFTs for music and tokenization of music rights. Recently, TRACKS’s closed beta testing was finished. $BLB airdrop will be available to all participated users.

medium.com/labelfoundation/label-foundation-secures-7-digit-investment-from-dwf-labs-to-build-the-future-of-decentralized-f430b6386a5a Open / Comment

2023-04-10 11:41:50 Bitget has launched $100M Web3 Fund to support crypto projects in Asia

Bitget has launched its Bitget Web3 Fund with an initial investment of $100M. The fund will focus on investing in Web3-friendly venture capital and crypto projects, seeking out VCs and projects globally but prioritize partners in Asia. As of now, it has received inquiries from VCs including Foresight Ventures, Dragonfly Capital, SevenX Ventures, DAO Maker, and ABCDE Capital for potential partnerships.

prnewswire.co.uk/news-releases/bitget-launches-100m-web3-fund-to-support-next-generation-crypto-projects-in-asia-301792924 Open / Comment

2023-04-09 10:18:17 SushiSwap DEX (SUSHI) is hacked - at least $3.3M in assets stolen

Decentralized exchange SushiSwap has fallen victim to an exploit, which led to the loss of more than $3.3M (about 1800 $ETH) from at least one user. The exploit involves an approve-related bug on the RouterProcessor2 contract — which PeckShield and SushiSwap Head Chef Jared Grey recommend revoking on all chains. So far, 190 Ethereum addresses and more than 2000 addresses on Layer 2 Arbitrum have seemingly approved the bad contract. Tools to revoke existing approvals.

theblock.co/post/225473/sushiswap-hack Open / Comment

2023-04-07 16:51:53 Top Cross-chain Bridges by Volume in last 30 days

The wide set of reliable cross-chain bridges is an essential requirement to exchange assets, data and value between multiple blockchain networks for crypto users right now. Let’s compare the top cross-chain bridges by TVL and volume in last 30 days, according to Defillama.com. Open / Comment

2023-04-06 20:54:08 Avalanche (AVAX) is releasing new subnet to offer blockchain customization for financial institutions

Avalanche $AVAX is releasing Evergreen Subnets – a suite of blockchain deployments, tooling and customization services – for financial institutions. Subnet is a sovereign network that defines its own rules for membership and tokenomics. The firms will be able to launch their own Evergreen subnets for research and development, and for production-ready use cases. Avalanche currently has several EVM-based subnets, including Intain Subnet and Deloitte Subnet.

coindesk.com/business/2023/04/06/avalanches-new-subnet-to-offer-blockchain-customization-for-financial-institutions Open / Comment

2023-04-06 15:50:40 Top DeFi Protocols by Total Value Locked

The total value of assets locked in DeFi protocols systems is above $97B, according to DefiLlama. Let’s compare the top DeFi-protocols by current TVL in USD, in order to evaluate their adoption scale. Open / Comment

2023-04-05 19:42:15 M^ZERO has raised $22.5M in a Seed funding round led by Pantera Capital

M^ZERO, a decentralized infrastructure for digital asset value transfer, has raised $22.5M in a seed funding round led by Pantera Capital. Other investors include AirTree, Standard Crypto, ParaFi Capital, Kraynos Capital, Earlybird and Mouro Capital. M^ZERO platform aims to become an infrastructural overlay on Ethereum, where large providers of assets and liquidity around the world can exchange value, and builders can create solutions.

coindesk.com/business/2023/04/05/next-generation-defi-platform-mzero-emerges-from-stealth-with-225m-funding-round Open / Comment

2023-04-05 16:37:10 Swiss Government-owned Bank PostFinance will offer its 2.5M customers crypto

PostFinance, Switzerland’s fifth-largest financial services firm, will begin offering its users access to cryptocurrency, thanks to a partnership with regulated digital asset services provider Sygnum Bank. PostFinance, which is fully-owned by the Swiss government, will start by providing its 2.5M customers access to buy, store and sell leading cryptocurrencies such as $BTC and $ETH, with more crypto-tokens to be added in due course.

coindesk.com/business/2023/04/05/swiss-government-owned-bank-postfinance-to-offer-customers-crypto Open / Comment

2023-04-05 15:03:41 Top Blockchains by Total Unique Addresses

Let’s compare the top 10 blockchains by current number of total unique addresses and their growth in Q1 2023, according to Coin98, in order to evaluate the adoption progress. Open / Comment