Breaking News in the Crypto World MoonPay Joins Forces with Mastercard, Survey Discovers 64% of Injective Traders Double Dip on Both CEX and DEX, Chainstack Unleashes Revolutionary DeFi API

MoonPay and Mastercard Join Forces in the Crypto World | Injective Survey Shows Majority of Traders Use CEX and DEX | Chainstack Unveils DeFi API The Latest in Crypto News Today

Get ready for your daily dose of crypto and blockchain news that’s juicier than a blockchain-powered smoothie! We’ll dive into the stories that are flying under the radar of today’s mainstream crypto news. So grab your popcorn and let’s get started!

MoonPay and Mastercard: A Dynamic Duo for Web3 Innovation

Crypto payments infrastructure firm MoonPay has joined forces with the titan of finance, Mastercard, to drive innovation and strengthen consumer connections. These two powerhouses will be exploring how Web3 tools can enhance experiential marketing, including Mastercard’s sponsorship portfolio. It’s like a superhero team-up, but instead of fighting crime, they’re fighting for efficient and trustworthy crypto transactions!

Oh, but wait, there’s more! MoonPay’s subsidiary, Otherlife, is like the Robin to MoonPay’s Batman. Otherlife provides Web3 creative agency services and will play a key role in this partnership. Together, they’ll embed Mastercard products and solutions to ensure trust, compliance, and efficiency across the industry. Talk about a dynamic duo!

The Injective Blockchain Survey: Trading, Trading, and More Trading!

The Injective blockchain has released its DeFi Trader Survey 2023, and it’s filled with fascinating insights. Did you know that 63.8% of respondents trade on both centralized and decentralized exchanges? But hey, who needs to choose when you can have the best of both worlds, right? Surprisingly, 10.3% of people couldn’t even tell the difference between the two. It’s like asking someone to identify a puppy and they end up pointing at a goldfish!

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But here’s the kicker: for 37.3% of respondents, trading is their main source of income. That’s right, folks, they’re making money moves in the crypto world! And when it comes to preferred trading platforms, Binance Smart Chain and Polygon take the crown. It’s like a battle royale where chains compete for the traders’ attention, and only the strongest survive. So if you’re looking to make some serious gains, those might be the hotspots!

Chainstack’s DeFi API: Your One-Stop Shop for Real-Time Data

Imagine having access to every major decentralized finance protocol’s real-time data at your fingertips. Well, thanks to Chainstack, you don’t need to imagine anymore! With their DeFi API, you can build comprehensive dashboards that track everything from token value to yield rankings. It’s like having a superpower that lets you see through the crypto matrix!

But that’s not all! Analysts can use the API to research market conditions, and developers can skip the hassle of custom indexers and database management. They can access a ready-to-use API through GraphQL that simplifies their lives like a blockchain personal assistant. It’s like having a butler who brings you all the latest crypto info on a silver platter!

Summer.fi on a Layer 2 Rollercoaster Ride

Hold on tight, folks, because Summer.fi is expanding its product offerings to the Layer 2 network Base. It’s like adding rocket boosters to their already smooth trading experience! With Layer 2 solutions like Arbitrum, Optimism, and now Base, Summer.fi is making sure users have a seamless and efficient trading experience, even during peak periods. It’s like riding a rollercoaster without the long lines!

But wait, there’s more excitement! Summer.fi has introduced support for AAVE v3 Borrow and Multiply for Base. This means users get cheaper transaction costs from Layer 2 with all the platform’s user experience goodness. It’s the perfect combination of affordability and ease, like getting a sports car for the price of a bicycle!

BitGo and Injective: A Match Made in Blockchain Heaven

BitGo, the Layer 1 blockchain integration champion, is making waves by officially integrating Injective. By providing native support for INJ, BitGo is enabling influential institutional players to securely deploy and safeguard their INJ holdings. It’s like having a fortress to protect their precious digital assets!

But this integration isn’t just about security. It’s about advancing institutional DeFi adoption and bridging the gap between traditional finance and the booming DeFi sector. It’s like bringing the best of both worlds together, like a fusion of peanut butter and jelly in a tasty DeFi sandwich!

DSCVR: Discovering Solana’s Social Media Paradise

Introducing DSCVR, the Web3 social media and community-building platform that’s now live on Solana! With over 200,000 users, DSCVR is expanding its tokenized communities and crypto asset functionality to Solana users. It’s like opening the gates of a social media paradise for Solana enthusiasts!

But that’s not all, folks! DSCVR brings SocialFi to the table, combining the best of social media and decentralized finance. Connect your Phantom wallet, receive airdrops, transact assets, and create token-gated communities. It’s like having a magic passport that grants you access to this crypto utopia!

Phew, that’s a lot of exciting news for today! Which story had you on the edge of your seat? Are you ready to explore the world of Web3 innovation and make your mark in the crypto space? Let us know in the comments below!

Remember, stay tuned for more thrilling crypto adventures, brought to you by your favorite blockchain enthusiast!

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