Indexing and Querying Protocol, The Graph (GRT), Launches A Micro-Transaction Solution, Scalar

The Graph, a decentralized indexing and query protocol, announced the launch of Scalar, a micro-transaction scalable solution for fast and cheap fees on the network. Announced Wednesday, Scalar, built on the Connext Vector protocol, will provide micro-transaction solutions on The Graph network to reduce the fees and increase scalability when querying on the protocol. Additionally, […]

Read More

Oracle Service API3 Inks Deal With OBP To Merge Conventional Banking With DeFi

Popular oracle provider API3 has partnered with the Open Bank Project (OBP) to bridge the gap between traditional banking services and blockchains. This ten-year partnership aims to connect over 400 banking APIs to blockchain smart contracts using “Airnode,” an open-source gateway developed by API3. Bringing Fintech And Banking Customers Into DeFi API3 is a startup […]

Read More

DeFi Protocol Balancer Rolls Out $2M (or 1000 ETH) Bug Bounty Program Ahead of V2 Launch Next Week

Following a tumultuous year for decentralized finance (DeFi) projects, many liquidity providers and automated market makers (AMMs) are looking for solutions to address the growing menace of cyberattacks. Generalized AMM protocol Balancer Labs, which previously lost $500,000 worth of tokens through a security breach, has opened the floor for ethical hackers to test its newly […]

Read More

Uniswap Hits $10B In Weekly Trade Volume; DEX’s Current Pace Would Be Half A Trillion-Dollars per Year

Leading decentralized exchange (DEX) Uniswap has hit a new milestone. The weekly trading volume on Uniswap surpassed $10 billion for the first time ever. Daily volume, meanwhile, is $1.5 billion, which hit its all-time high at $2.2 billion in late October. The latest milestone represents half a trillion-dollar volume every year. “Uniswap weekly trading volume […]

Read More