Tag: cross-chain

Stargate Finance Revolutionizes Cross-Chain DeFi with V2 Upgrade

Stargate Finance Revolutionizes Cross-Chain DeFi with V2 Upgrade

Leading this new omnichain decentralized finance (DeFi) movement is Stargate, a trailblazing protocol created by LayerZero Labs. Stargate Finance launched in March 2022. It unlocks all connected users and dApps to move native crypto assets instantly across all supported blockchains via consolidated liquidity pools. The V2 upgrade will allow Stargate...

Stargate Finance V2: The Cross-Chain Solution We've Been Waiting For?

Stargate Finance V2: The Cross-Chain Solution We've Been Waiting For?

So is Stargate V2 really a game-changer, or simply another shiny object in our ever-expanding DeFi universe? Let’s be honest, we’ve all been sold the perfect multichain world for years now. To many it seems like a carrot on the stick, perpetually just out of reach. And while Stargate Finance,...

Magic Eden x Slingshot: One USDC to Rule All Chains?

Magic Eden x Slingshot: One USDC to Rule All Chains?

Magic Eden pulls ahead as top NFT marketplace. In a bold strategic move, they’re set to change the game when it comes to cross-chain trading. The firm recently purchased Slingshot, the newest, most advanced cross-chain platform with industry-leading chain abstraction tech, aggregated real-time multi-chain token listings. This acquisition further indicates...

Magic Eden Buys Slingshot: Cross-Chain Trading Revolution?

Magic Eden Buys Slingshot: Cross-Chain Trading Revolution?

As NFT marketplace Magic Eden heads into 2023, the ambitious startup is making a play. They were behind the recent purchase of Slingshot, one of the premier crypto trading apps. This acquisition is the beginning of a profound change in the digital asset trading landscape. It’s possible it could change...

Magic Eden Acquires Slingshot to Expand Cross-Chain Trading Capabilities

Magic Eden Acquires Slingshot to Expand Cross-Chain Trading Capabilities

Magic Eden is another Solana-based NFT marketplace that made $75 million revenue in 2024. Earlier this month, they purchased Slingshot, a trading app designed to make cryptocurrency exchanges faster and less costly. The acquisition signals Magic Eden's intent to expand its reach beyond Solana and compete with centralized crypto exchanges...