By using dashcams, contributors to Hivemapper earn tokens and help build a decentralized mapping network. This approach challenges Google’s current monopoly in the mapping industry.
Key initiatives include the introduction of a self-custody mobile wallet and a strategic partnership with Moonpay to make asset purchases more straightforward. These expansions aim to simplify access to decentralized finance for both new and seasoned users.
Following Renzo’s tokenomics release, the ezETH price plummeted, causing widespread liquidations among leverage restaking farmers. Although adjustments were made to improve community allocations, many stakeholders continued to express discontent.
Utilizing advanced analytics, Arkham reveals that even seasoned DeFi participants may overlook substantial funds trapped in bridge contracts for extended periods.
Ethena Labs’ USDe stablecoin offers a high annual yield, sourced from funding payments and staking rewards. However, these particular sources of yield also expose the project to risks that could result in problems for the project during a bear market.
ZKasino, a blockchain-based gambling platform, is under scrutiny after users accused it of misleading investors and stealing deposited ETH. Notably, prominent backers like Big Brain Holdings and MEXC distanced themselves from the project in light of these fraudulent activities
Originally supporting only Axie Infinity, Ronin Chain has broadened its platform to include games developed by third-party developers. This shift led to a surge in its daily active users from 94,000 to 3.1 million and helped it capture a 35.4% market share among active gamers.
