Magpie News
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2024
Nov / 05- Chainlink Becomes the Lifeline of the Bitcoin DeFi (BTCFi) Sector As the decentralized finance sector has bloomed, more attention has been given to the $1.36 trillion Bitcoin ecosystem and how it can best be leveraged in DeFi. While there are now dozens o
- Nov 05, 2024 at 09:37 pm
- Chainlink has become the lifeblood of the DeFi world across all chains. As we have reported, it has been integrated into over a hundred networks and applications
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2024
Oct / 15
- The Penguin Proves Arkham Is the Problem
- Oct 15, 2024 at 02:05 am
- The latest episode of The Penguin isn’t really about the titular character, Oz Cobb (Colin Farrell) at all. Instead, the fourth episode, “Cent’anni” is entirely focused on the show’s breakout star and character, Cristin Milioti as Sofia Falcone. And while the present-tense events of this episode are huge — including a startling ending — the flashbacks of this episode will have longtime fans thinking not just about the backstory of Sofia, but also, about the morality of Batman.
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2024
May / 29
- Luxor Technology and Bitnomial Launched the First Fully Regulated Bitcoin Mining Derivative Product for Trading in the US
- May 29, 2024 at 02:17 am
- The new product — dubbed Bitcoin Hashrate Futures — aims to increase liquidity and transparency while reducing counterparty risk for market participants.
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2024
May / 05
- Umami DAO Rebrands as Bonsai, Embracing Decentralized Innovation
- May 05, 2024 at 11:02 am
- Umami DAO has recently rebranded as Bonsai DAO, a strategic shift that aligns with its goal to create a "meta DAO" supporting various smaller subDAOs. This transformation aims to enhance the protocol's popularity and stimulate growth after a challenging period in February 2023. Inspired by MakerDAO's "Endgame" initiative, Bonsai will enable the launch of subDAOs with their own tokens, aiming to foster community engagement and reward long-term supporters.
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2024
May / 04
- Breaking News: Ryan Salame Forfeits Bahamas Property in FTX Plea Deal
- May 04, 2024 at 10:50 pm
- This report synthesizes key developments in the Web3, Blockchain, and Crypto sectors this week. 1. Breaking News: - Ryan Salame forfeits Bahamas property in FTX plea deal - Dutch police arrest suspect linked to ZKasino crypto scam - Crypto user loses $68 million to clever wallet hack - DOJ investigates Block for sanctioned transactions - Robinhood Connect now available on Uniswap mobile app - Coinbase integrates Lightning Network for faster Bitcoin payments - Roger Ver arrested for tax evasion in Spain - Uniswap's share of Layer 2 trading volume reaches 37% - Ripple partners with HashKey Group to expand in Japan - Bitcoin miners feel the pinch of latest halving event - dWallet Network integrates with EVM-compatible blockchain Monad - Aethir partners with Magic Eden to boost Web 3.0 gaming - Hong Kong launches spot Bitcoin and Ethereum ETFs - Australia readies spot Bitcoin ETFs for ASX launch by 2024 - Tether invests $200M in brain-computer interface tech
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2024
May / 01
- Umami DAO Metamorphoses into Bonsai, Sparking DeFi Ecosystem Transformation
- May 01, 2024 at 10:04 pm
- Umami DAO has rebranded as Bonsai DAO as part of a broader transformation that includes the creation of subDAOs to enhance its decentralized finance offerings. This move aligns with MakerDAO's "Endgame" transformation, where subDAOs will manage individual blockchain-based financial products. Each subDAO aims to launch its own token, potentially revitalizing the protocol by incentivizing adoption through airdrops.
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2024
Apr / 05
- Multicoin Capital Invests in Wormhole, a Leading Multichain Interoperability Platform
- Apr 05, 2024 at 01:04 pm
- Multicoin Capital, a prominent blockchain investment firm, has recently participated in a $225 million funding round for Wormhole, a leading multichain interoperability platform. Wormhole's full-stack platform enables seamless movement of assets across different blockchains, supports a wide range of applications including DeFi protocols, governance solutions, and NFTs, and is compatible with major EVM chains and emerging networks.
- zkSync: Game-Changing Solution Skyrocketing DeFi to Unprecedented Heights
- Apr 05, 2024 at 02:56 am
- zkSync addresses the challenges faced by DeFi, including Ethereum's high swap, staking, and unstaking fees, which can hinder the protocol's scalability and affordability. As a Layer 2 solution, zkSync utilizes zero-knowledge rollups to offer low-cost, upgradable Ethereum transactions, improving throughput by 10X to 100X. zkSync's Layer 3 service provides the potential for endless upgrades, addressing the issue of Ethereum's limited upgradeability.
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