DeFi & NFTs

Aurora Labs, the developer behind the Near-based next-generation blockchain Aurora, has unveiled a network and decentralized trading platform for the artificial intelligence (AI) meme coin Turbo (TURBO) to advance the token’s ecosystem. According to a press release shared with CryptoPotato, Aurora Labs has launched TurboChain and TurboSwap in collaboration with the Near Protocol. TurboChain is the first AI meme coin …

Real-world asset (RWA) tokenization protocol, Blocksquare announced that it has tokenized $100 million worth of real estate properties on its platform. According to a press release sent to CryptoPotato, the tokenization of $100 million in real estate assets coincides with the launch of Blocksquare’s decentralized finance launchpad, Oceanpoint v0.5, geared towards empowering real estate tokenization startups. Blocksquare Tokenizes $100M in …

Fetch.ai, SingularityNET, and Ocean Protocol – collectively known as the “Artificial Superintelligence Alliance (ASI)” – announced the finalization of their merger in June. It aims to create the largest decentralized network for AI with the new ASI token. Starting June 11, 2024, FET will be renamed ASI, and the merger will be completed by June 13. The ASI token will …

TL;DR Dora Factory launched a gas-free airdrop of its cryptocurrency, DORA, to over one million ATOM stakers for participation in governance and funding. The initiative offers the Cosmos community a chance to support public goods and developers through new voting technologies. Who Can Take Advantage? The blockchain project that aims to build an open infrastructure for DAO (decentralized autonomous organizations) …

dWallet Network has announced expanding its technology to the Layer 1 blockchain network, Aptos. This move aims to introduce Zero Trust Protocols (ZTPs) with inherent multi-chain interoperability capabilities to the decentralized finance (DeFi) and gaming ecosystems on Aptos. By incorporating dWallet’s Zero Trust architecture, ZTPs developed on Aptos will be able to seamlessly sign transactions on Bitcoin, Ethereum, or any …

The founder of the stablecoin lending and borrowing protocol Curve Finance, Michael Egorov, is seeing his position liquidated. He had over 111 million CRV tokens in collateral and $20 million in debt over four DeFi platforms, reported Lookonchain on June 13. As the price of CRV fell, other positions went underwater, causing a cascade of liquidations. The #Curvefi founder(Michale Egorov) …

On July 11, blockchain security firm PeckShield reported that the website of Compound Finance (compound[.]finance) had been compromised. “Do not interact with the website until further notice,” it warned. The incursion was also reported by blockchain sleuth ‘ZachXBT’ on his investigations Telegram channel. The Compound Finance website seems to “potentially be hijacked,” he said before adding, “do not visit the site …

Space and Time Labs, the developer behind the Space and Time (SxT) network, a verifiable compute layer for artificial intelligence (AI) and blockchain that delivers enterprise use cases to smart contracts and large language models (LLMs), has concluded a Series A funding round that netted $20 million from industry top dogs and marquee investors. According to a press release sent …

The leading Bitcoin layer-2 network, Stacks, has commenced implementing its Nakamoto upgrade, which will enhance functionality and integration with its base blockchain. According to a press release shared with CryptoPotato, Stacks began the Nakamoto Activation Sequence on August 28. The process has four key steps, including the final code delivery, Cycle 92; the upgrade period for network operators; Cycle 93, …

The dYdX Foundation has launched Trump Prediction Market Perpetuals on its decentralized exchange dYdX. The latest move will enable traders to utilize advanced order types to speculate on Republican candidate Donald Trump’s likelihood of winning the 2024 US Presidential Election. It aims to provide users with a decentralized and non-custodial environment in which to engage in trading related to the …