Liquid staking claims top spot in DeFi: Binance report

    A Binance spokesperson highlighted that there are things to be wary of when liquid staking, including smart contract vulnerabilities, slashing risks and price fluctuations. Liquid staking is a decentralized finance (DeFi) subsector that lets users earn yield by staking their tokens without losing their liquidity. It has become the biggest DeFi sector in terms of total value…

    Aptos’ new user growth hits 900% after integration with social media app Chingari

    Chingari started the migration to Aptos in July, seeking an enhanced experience for users following Solana’s network outages in 2022. The Aptos blockchain has seen a surge of activity following its integration with Chingari, an Indian social media platform previously powered by Solana. According to on-chain data, the number of new users jumped 900% over the previous…

    Why isn’t smart money’s effect on crypto’s original promise discussed more?

    Prioritizing the ideas in the Bitcoin white paper instead of perceiving crypto as a forex market could have dramatically changed today’s cryptocurrency use cases. Ignoring the original, utility-driven ideas introduced in the early documents on digital cash became the new normal once adopters stumbled upon a cryptocurrency price ticker. Are new price tickers a sign…

    ZK proofs could change the internet, not just Web3 — Aleo exec

    ZK-proofs could help online privacy by only revealing relevant user information, solving the internet’s “biggest problem,” says Brennen Schlueter. Zero-knowledge proofs could be used to solve the “biggest problem” plaguing the internet today: privacy, according to one cryptocurrency executive. Speaking with Cointelegraph at the Ethereum Community Conference (EthCC) the marketing chief at privacy-focused infrastructure platform…

    Centralized exchanges will become gateways for DeFi — dYdX Foundation CEO

    CEO Charles d’Haussy doesn’t view centralized exchanges as competitors for dYdX. The dYdX Foundation, an independent decentralized finance (DeFi) nonprofit founded to support the dYdX protocol, recently launched a public testnet for its latest version, v4. According to the foundation, this puts dYdX ahead of schedule for the impending launch of the v4 mainnet, something…

    Healthy competition welcome — Polygon zkEVM lead

    Prominent Ethereum development firms have rolled out varying zero-knowledge scaling solutions that drive healthy competition in the ecosystem. An environment of healthy competition is being fostered between the Ethereum ecosystem’s top development firms building zero-knowledge Ethereum Virtual Machines (zkEVMs) to scale the network, according to one of Polygon’s co-founders. Jordi Baylina, technical lead of Polygon Hermez zkEVM,…