Chain

dYdX Chain completes mainnet migration, rolls out $20 million in DYDX token rewards
DeFi

dYdX Chain completes mainnet migration, rolls out $20 million in DYDX token rewards

The decentralized trading platform dYdX Chain has achieved a significant milestone, transitioning from its ‘Beta Stage’ to ‘Full Trading’ as…
dYdX launches Layer 1 chain with USDC as sole form of fee distribution using Cosmos SDK
DeFi

dYdX launches Layer 1 chain with USDC as sole form of fee distribution using Cosmos SDK

The dYdX Foundation has launched the dYdX Chain mainnet, a significant development that enhances the utility of the DYDX token…
Kinetix eyes GMX’s path, aims to revolutionize Kava Chain with perpetual swaps
DeFi

Kinetix eyes GMX’s path, aims to revolutionize Kava Chain with perpetual swaps

GMX launched in early September 2021 as a decentralized perpetual exchange offering swaps and leverage trading and it made a…
Ethereum (ETH) Beacon Chain Shatters Records With $7.7 Billion Inflows
Ethereum

Ethereum (ETH) Beacon Chain Shatters Records With $7.7 Billion Inflows

Ethereum’s (ETH) Beacon Chain has seen significant inflows since staking withdrawals were enabled on April 12th, with over $7.7 billion…
BNB Chain had over 10M active addresses in April; Ethereum had 4.9M
DeFi

BNB Chain had over 10M active addresses in April; Ethereum had 4.9M

BNB chain had 10.9 million active addresses in April — the highest, despite an 11% drop from March, data from…
BNB smart chain (BSC) receives user proposal for lower transaction fees
DeFi

BNB smart chain (BSC) receives user proposal for lower transaction fees

Ad A BNB Smart Chain (BSC) user has proposed lowering the network’s transaction fees to increase its competitiveness against rival…
A16z 15M bloc vote against Uniswap BNB Chain deployment raises decentralization concerns
DeFi

A16z 15M bloc vote against Uniswap BNB Chain deployment raises decentralization concerns

Andreessen Horowitz (a16z) voted against the deployment of decentralized exchange (DEX) Uniswap (UNI) on the BNB Chain via Wormhole. The…
BNB Chain closes 2022 as the 2nd most preferred blockchain for DeFi projects
DeFi

BNB Chain closes 2022 as the 2nd most preferred blockchain for DeFi projects

BNB Chain has the second largest TVL after Ethereum. 12% of the tokens on BNB Chain are scam tokens. A…
BNB Chain announces its first Asia-based hackathon
DeFi

BNB Chain announces its first Asia-based hackathon

BNB Chain announced it is holding its first Hackathon in South Korea between Dec. 17 and 19. The event is a…
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