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Crypto staking protocol Symbiotic has announced a $29 million raise in its Series A funding round led by Pantera Capital. Symbiotic, whose permissionless restaking platform went live on Ethereum (ETH) in January, announced the milestone on April 23. The funding round also attracted the backing of Coinbase Ventures as well as angel investors, including Aave … Read more
IOTA will implement its largest network upgrade to date on May 5, transitioning its mainnet to the new IOTA Rebased protocol. The upgrade introduces full decentralization, staking, Layer 1 smart contract support via MoveVM, and scalability exceeding 50,000 transactions per second. The Rebased protocol replaces IOTA’s (IOTA) previous architecture with a delegated Proof-of-Stake (DPoS) model, … Read more
Circle, the issuer behind USDC, has launched a new smart contract platform called Refund Protocol, aiming to bring refunds and dispute resolution to stablecoin payments. The company announced the launch in an Apr. 17 blog post on its official website. Traditionally, stablecoin transactions act more like cash payments, with no option for users to dispute … Read more
HyperLend has integrated RedStone’s modular oracle protocol to ensure secure and reliable price feeds for its lending operations. Modular oracle protocol RedStone (RED) now powers HyperLend, the first lending platform built on Hyperliquid (HYPE) Ethereum Virtual Machine. This integration enables HyperLend to securely operate its lending platform with reliable and accurate price data from RedStone. … Read more
A year ago, Bluesky was opening up to the public and was known as one of the many X competitors that emerged after Elon Musk acquired the network formerly known as Twitter. Today, Bluesky’s social network has grown to over 33 million users, while the technology it’s built upon — the AT Protocol (or ATProto … Read more
Key Takeaways Seamless Protocol has migrated its lending infrastructure to the Morpho DeFi protocol, enhancing borrowing and lending operations. The Seamless ecosystem manages $70 million in TVL and serves over 200,000 wallets, focusing on innovation with leverage tokens and real-world asset integrations. Share this article The DeFi lending protocol Seamless, today announced the migration of … Read more
Ethereum-based DeFi protocol SIR.trading, also known as Synthetics Implemented Right, was completely drained in an exploit on Mar. 30, losing all $355,000 of its total value locked. TenArmor, a blockchain security firm, was the first to report the attack on a Mar. 30 post o. X. TenArmor flagged several suspicious transactions and pointed out that … Read more
A year ago, Bluesky was opening up to the public and was known as one of the many X competitors that emerged after Elon Musk acquired the network formerly known as Twitter. Today, Bluesky’s social network has grown to over 33 million users, while the technology it’s built upon — the AT Protocol (or ATProto … Read more
Echos, the artificial intelligence platform for agentic tokens, is shutting down. On March 27, the AI agent platform, developed by Cosmos based liquid staking platform Stride, notified its community that operations will cease on May 1, 2025. Echos, which launched in beta in November 2024, cited low adoption as the main reason for its closure. … Read more
It’s getting easier to build new applications on ATProto, the protocol that powers Bluesky’s social network and a growing number of other apps. At ATmosphere, the ATProto community conference held over the weekend in Seattle, Bluesky CTO Paul Frazee offered attendees a glimpse of what’s ahead for the protocol’s development and how those will help … Read more
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