Polkadot's Leading DEX Is Going Big on Zcash
Hydration (@Hydration_net), one of the main decentralized exchanges on Polkadot (@Polkadot), has launched swaps for Zcash (@Zcash) $ZEC within its ecosystem. The move brings a leading privacy
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DeFi
News, analysis, and explainers connected to DeFi across the CryptoCompass archive.
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InterLink opens up KYC for all
InterLink Network is updating its compliance framework to allow minors under 18 to complete know-your-customer (KYC) verification for participation in the network's native $ITLG token. The ch
Initia Halts Network After Day 0 Bug Enables Unauthorized…
Initia halted its Layer 1 blockchain and connected rollups on October 23 after a security incident allowed an attacker to mint tokens without authorization and move approximately $2.7 million
Cosmos USDC is moving to Injective, and the first Noble deadline lands next week
Circle has stopped minting new USDC on Noble, the chain that has issued the stablecoin for the Cosmos ecosystem, and the first deadline for holders arrives next week. Cosmos is shifting to a
US banks have stablecoin rules now, and Quant Network wants in
US banks now have a final federal rulebook for stablecoins, and Quant Network is positioning itself as the connective layer between that new framework and the payment systems banks already us
Ethena’s USDe goes native on OKX’s X Layer, with Aave first in line
@ethena, the protocol behind $ENA, has made its USDe dollar token native on @XLayerOfficial, the layer 2 network run by OKX. Users can hold and swap the token across the chain. The first inte
Crypto Tax Reform Gains Urgency as CLARITY Act Falters
The Blockchain Association (@BlockchainAssn) is calling on Congress to fix unclear crypto tax rules while the CLARITY Act remains stalled. The industry group says existing rules are difficult
Dogecoin fans can tip any X account in DOGE, even one that never touched MyDoge
Dogecoin ($DOGE) holders can send tips to any account on X through the MyDoge wallet, including recipients who have never used the app. The feature is run through the @MyDogeTip bot and relie
JPM Coin has zero Ethereum supply after launch, Sentora says
JPMorgan’s JPM Coin has recorded zero supply and zero transfers on Ethereum in a contract review by Sentora, days after the bank announced the deposit token’s arrival on the network. Summary
Expert Says XRP Will Jump Bitcoin. Here’s why
Sandy Kaul, a senior figure at Franklin Templeton, has publicly signaled a shift in how institutional investors are thinking about the crypto asset space. In a video shared by popular crypto
UNI Wallet Creation Reaches Highest Level Since November 2022
TLDR: Santiment counted 2,295 new UNI addresses in one day, the highest network-growth reading since November 2022, based on first-time interactions with UNI. Santiment pointed to new Uniswap
Initia Suspends Blockchain After Reported $2.6M+ Exploit Drain
Initia has paused operations of its layer-1 network and rollups after security researchers reported an exploit that allegedly enabled unauthorized token minting and the drainage of crypto fun