In a move to streamline operations and bolster its long-term development, Compound Labs—the team behind the decentralized lending protocol Compound Finance—has announced plans to explore the creation of a dedicated foundation. This proposal follows a trend among major DeFi ecosystems and has drawn parallels with Uniswap’s own foundation structure. Why a Compound Foundation? Compound Finance, […]
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RLUSD has become the latest addition to Ripple Payments, marking a significant step in bridging stablecoin technology with enterprise-level transactions. The stablecoin’s market cap soared by an impressive 118% over the past month, reaching $200 million by March’s end, according to Artemis data. Monthly transfer volume also rose from $466 million to $720 million, highlighting
RLUSD Ripple Integration Sees Stablecoin’s Monthly Growth Read More »
X2Y2, a notable NFT marketplace, is shutting down its operations on April 30 after three years. The team revealed a pivot into artificial intelligence (AI), describing the decision as the most significant technology shift in a lifetime. Despite its closure, X2Y2 generated $53.6 million in trading volume over the past year, placing it fourth among
X2Y2 NFT Marketplace Closes After Three Years To Focus On AI Read More »
Pump.fun, a leading meme coin creation platform, has seen a dramatic resurgence after unveiling PumpSwap, a new decentralized exchange (DEX) on Solana. Despite facing market hurdles earlier this year, Pump.fun’s latest expansion is catapulting the protocol back to the top of the industry—by fees, revenue, and trade volume. A Return to Form Before PumpSwap went
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A new semi-permissionless privacy tool called Privacy Pools has gone live on Ethereum, offering users a way to obscure transaction details while proving their funds haven’t been linked to illicit activity. Launched by Ethereum builders 0xbow.io on March 31, the tool uses “Association Sets” to batch transactions into private pools, while screening out potentially criminal
Privacy Pools on Ethereum Read More »
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