The Aave deployment on Celo allows builders and users globally to borrow, lend, and earn yield with “sub-cent” transaction costs and one-block finality.
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Category: Blockchain
Hong Kong Blockchain Sector Surges 250% Since 2022: Report
This surge, fueled by government investment and progressive policies, positions Hong Kong as a leading fintech hub in Asia.
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Indian District Digitizes 700K+ Land Records on Avalanche Blockchain
India’s Dantewada district digitized 700,000+ land records on the Avalanche blockchain, ensuring tamper-proof access and reducing disputes, marking a major step toward secure and efficient land record management.
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Blockchain Developer Alchemy Launches a $5M ‘Everyone Onchain Fund’
Blockchain developer platform Alchemy has launched a $5 million ‘Everyone Onchain Fund’ to fast-track Web3 adoption and align with Ethereum’s technical growth.
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Blockchain Throughput Is Overestimated by 75% – Taraxa Report
Layer-1 ecosystem is increasingly flooded with grossly inflated performance claims, at the expense of developers, users, and investors, argues Steven Pu, Co-Founder of the L1 blockchain Taraxa.
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Berachain Surpasses $3.26B TVL, Becomes Sixth-Largest DeFi Blockchain
Layer-1 blockchain Berachain has achieved a significant milestone, with its total value locked (TVL) surpassing $3.26 billion.
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ECB Plans Blockchain-Based Payment System for Central Bank Settlements
The ECB is advancing a blockchain-based payment system to facilitate central bank settlements. This initiative seeks to improve financial market efficiency through innovation while ensuring regulatory compliance and maintaining stability in the European financial system.
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Crypto Industry Mobilizes Against IRS DeFi Broker Reporting Requirement
The Blockchain Association has urged Congress to repeal the IRS rule classifying DeFi software as brokers, calling it regulatory overreach.
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EigenLayer, Polymarket, and UMA Join Forces to Develop Next-Gen Oracle System
EigenLayer, Polymarket, and UMA have announced a collaboration to explore and potentially develop a next-generation oracle system.
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AbstractChain Reports Security Breach: Team Confirms Isolated Cardex App Issue
AbstractChain is addressing a security breach traced to the Cardex app due to session key management issues, with engineers urging users to revoke approvals while confirming the AGW remains secure.
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