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1inch Joins Ethereum’s zkSync Era for Faster DeFi Transactions
Decentralized finance (DeFi) protocol 1inch has recently made an important move to join Ethereum's scaling solution, the zkSync Era. By deploying its aggregation and limit order protocols on zkSync, 1inch aims to tap into faster and cheaper…
Paxful Unfreezes Majority of Accounts
Paxful, the peer-to-peer cryptocurrency marketplace, has announced that it has unfrozen 88% of the user accounts that were previously frozen, following the suspension of its operations. The remaining $4.4 million in frozen funds is…
Cardano’s DeFi TVL rose 172% in Q1 amid significant ecosystem growth: Messari
Cardano TVL increased 172% QoQ, from $50.8 million in Q4, 2022 to $138.3 million in Q1.
Indigo and Djed stablecoins catalysed overall growth in Cardano’s TVL, with 72% and 27% volume spike respectively.
ADA price also rose in Q1, rising…