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Usual Protocol and LayerZero partnership announcement illustration.
CeFi

Usual Protocol and LayerZero Join Forces for Cross-Chain Innovation

On October 2, Usual Protocol announced a significant partnership with LayerZero to enhance cross-chain interoperability. This collaboration aims to integrate Usual's stablecoin into Layer 2 network...

cryptocurrencyUniswap Labs logo and trading volume report

Uniswap Labs Achieves $52.75 Million Revenue in 6 Months

Uniswap Labs generated $52.75 million in fee revenue from April to September 2024, leading the decentralized exchange market. In just the last week, it recorded $8.1 billion in trading volume, soli...

BlockchainA graph showing the total value locked in Solana DeFi protocols.

Top Six Solana DeFi Protocols Surpass $1 Billion in Total Value Locked

Recent data from DefiLlama reveals that the top six DeFi protocols on the Solana blockchain have each exceeded $1 billion in TVL. Jito leads with $2.089 billion, followed by Kamino and Jupiter. The...

CryptocurrencySynthetix's governance overhaul plan illustration showcasing DeFi innovations.

Synthetix Overhaul Receives 99.4% Support, Targets Governance and Innovation

The activist investor's SR-2 proposal for Synthetix, aiming to revamp the DeFi protocol, garnered overwhelming support with 99.4% approval. Key changes include a token redesign, governance consolid...

crypto regulationSEC settlement overview with Mango Markets and implications for Solana's SOL token.

SEC Settles With Mango Markets: Implications for Solana's SOL Token

The SEC has reached a settlement with Mango Markets, resulting in $700,000 in penalties and the destruction of their MNGO tokens. This raises important questions regarding the future of Solana's SO...

blockchain securityOnyx Protocol relaunch after $3.8 million hack.

Onyx Protocol to Relaunch After $3.8 Million Hack: Key Updates

Onyx Protocol is set to relaunch after a $3.8M hack, with OIP-46 proposing changes to enhance security. This article covers the community's support, revised white paper, and plans for Onyx Core and...