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Ether.Fi announces a partnership with Scroll #EtherFi partners with #Scroll , a scalable #Layer2 blockchain, to launch Visa Cash Card. Ether.fi's credit card will offer 3% cash-back and allow users to borrow funds using their crypto as collateral. Through the launch on Scroll Network, Ether.Fi Cash will provide users with a faster, cheaper, and more rewarding onchain meets real-world experience. Ether.fi is currently using the card internally, with shipments to pre-order customers set to begin on September 16th. 👉 x.com/ether_fi/status/1833132930115494047
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DRiP raises $8M in a Seed funding round #DRiP secures $8M in a Seed funding round co-led by NFX, Progression and Coinbase Ventures with participation from Placeholder and 6th Man Ventures. DRiP is a platform on #Solana that enables creators to share their work as digital collectibles directly with fans, including multimedia content such as images, videos, and audio. It utilizes micropayments to enable subscribers to tip creators in small amounts, promoting fairer monetization by ensuring creators retain most of the revenue. 👉 theblock.co/post/315270/solana-drip-raises-8-million-usd
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Sonic Labs announces the launch of its public testnet #SonicLabs kicks off its public testnet, achieving a transaction finality of 720 ms. Users can now access the faucet and deploy their contracts. The testnet launch will provide valuable insights and feedback to help Sonic Labs refine and improve its offerings. Sonic Labs (previously Fantom) is a #Layer1 platform with a secure gateway to #Ethereum . The protocol includes a significant incentive program designed to handle over 10,000 transactions per second. 👉 x.com/0xSonicLabs/status/1832053492304806125
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COIN OF THE DAY $WLD #Worldcoin #crypto2024 #dyor
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Kyber Network introduces KyberZap #KyberNetwork introduces #KyberZap , an API designed to revolutionize how users interact with liquidity pools, making it easier, more efficient, and more secure to maximize #DeFi investments. KyberZap will bring simplified liquidity provisioning, minimized price impact and elimination of leftover tokens. Additionaly, KyberZap API will include two critical security parameters that will ensure that if the output of the swap is not sufficient, the transaction will revert, protecting the user’s assets and ensure that the liquidity added is close to the expected output, with the transaction reverting if it falls below a certain threshold. 👉 x.com/KyberNetwork/status/1833042770627531129
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