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Kittynomica Overtakes Shiba Inu and Near Protocol in Popularity As It Seeks to Catalyze the DeFi ecosystem, One Innovation At A Time
8.9.2022
DeFi is the latest buzzword in the world financial services ecosystem and catalyzes how investors approach personal finance. Based on blockchain technology, the key USP of DeFi protocols is the way they eliminate third-party institutions’ roles like brokerage firms or central banks. What follows...
Hubble Protocol Raises $5M to Expand Solana-Based DeFi Protocol
8.9.2022
The protocol aims to create a Solana-based MakerDao equivalent: a DeFi protocol with a U.S. dollar denominated stablecoin
Prime Protocol to Enter the Domain of Avalanche Ecosystem
8.9.2022
Prime Protocol is extremely proud and pleased to announce that they would now provide complete support and reinforcement to Avalanche’s testnet chain, Fuji. Also to be absorbed and digested is that even presently, Avalanche has crossed the staggering figure of a million mark, in the form...
DeFi protocol token NFD crashes by 99% after a flash loan attack
8.9.2022
Flash loans allow users to borrow a high amount of assets without having to provide any upfront collateral, this is often used by miscreants to launch attacks on DeFi protocols
Copium Mining Presale is to Invest More in Mining, Buy Back and Burn Coins
8.9.2022
The Copium Protocol, which focuses on laying the groundwork for decentralized mining investments, will soon release an NFT collection to gather funds for business expansion. Copium Protocol has been one of the most intriguing projects to emerge. It stands out because it enables consumers to invest...
Stablecoin USDN Trades Below $1 Parity for 14 Days in a Row, Token Taps $0.91 Low This Week
6.9.2022
Approximately 14 days ago, the stablecoin neutrino usd (USDN) tapped a high of $0.994 per unit, and ever since then, USDN has not been able to rise above the $0.97 per unit range. The dollar-pegged asset is associated with the Waves blockchain protocol, and recently the Neutrino Protocol decided...
Value Locked in Lido Rises Prior to Ethereum’s Merge, LDO Token Jumps 23% Higher in 7 Days
5.9.2022
In eight days Ethereum is planning to undergo one of the most intensive upgrades since the DAO hard fork in 2016, as The Merge aims to change the network’s consensus mechanism from proof-of-work (PoW) to proof-of-stake (PoS). Amid the lead-up to The Merge, the decentralized finance (defi)...
Former Sledgehammer Boss Clumsily Walks Back Pro-Crunch Comments
5.9.2022
Crunch is bad. Boasting about crunch is bad. You’d imagine everyone knows that now, wouldn’t you? Yet, and I’m not a qualified reputation manager, I still think I have a beneficial suggestion that could greatly aid many within the games development industry: Stop saying you think crunch is great....
First Mover Asia: Bitcoin Holds Tight Below $20K; Blockchain Protocol Cardano Arrives on Robinhood. Who Cares?
5.9.2022
Other protocols have far exceeded Cardano for total value locked; bitcoin and ether trade sideways over the weekend
Big Eyes Coin Aims for the Apex with 1000x; Can It Compare Against TRON (TRX) and Near Protocol (NEAR)?
1.9.2022
Cryptocurrencies have proven to be greatly better than conventional currencies, especially when carrying out virtual transactions. They are also widely accepted across the universe and profitable. Bitcoin (BTC) seems to be the man of the game among several cryptocurrencies. However, its initial...
DeFi protocol shuts down months after the Rari Fuse hack
1.9.2022
BABL, the protocol's native token, crashed to a new all-time low of $0.23 after the founder announced that it's shutting down operations
Biggest Movers: LEO Hits 6-Week High, as NEAR Jumps Higher for Third Straight Session
31.8.2022
LEO rose to a six-week high on Wednesday, as prices rallied for a fifth consecutive session. The move came as the token raced past a key resistance level, on its way to today’s peak. Near protocol was another notable gainer, climbing for a third straight day. UNUS SED LEO (LEO) Unus Sed...
Hubble Protocol Launches Kamino Finance to Optimize Yields for Liquidity Providers on Solana
30.8.2022
PRESS RELEASE. LONDON | August 30, 2022 – Hubble Protocol, home of the USDH stablecoin, has launched Kamino Finance: the first concentrated liquidity market maker (CLMM) optimizer of its kind on the Solana blockchain. Kamino Finance, launching initially on next-generation decentralized...
Solana-Based DeFi Protocol OptiFi Loses $661K in Programming Blunder
30.8.2022
OptiFi, a Solana-powered DeFi protocol that focuses on derivatives, accidentally closed its mainnet platform in a programming blunder, locking away $661,000 in USDC
Polkadot Parachain Moonbeam Integrates Cross-Chain Messaging Protocol LayerZero
29.8.2022
Developing Web3 interoperability via cross-chain messaging has become a growing trend
Fintech Firm Lightnet Group Gets $50M From LDA Capital to Boost Velo Protocol's Tech
29.8.2022
The firm has the option to raise the total commitment to up to $100 over the next three years
Hacker tries to exploit bridge protocol, fails miserably: Finance Redefined
27.8.2022
Majority of the DeFi tokens in the top-100 had a mixed week as several tokens traded in red while a few others managed to make double-digit gains
Waves-backed stablecoin USDN breaks peg again amid protocol upgrade
26.8.2022
Algorithmic stablecoin USDN fell to $0.90 marking the fourth time that it failed to defend its dollar peg in 2022
The Graph Adds Gnosis Chain to Its Decentralized Blockchain Indexing Protocol
25.8.2022
Gnosis Chain is the first chain after Ethereum to gain support on The Graph’s decentralized network, which will soon replace The Graph’s centralized “hosted” service
Boson Protocol v2 to Soon Go Live on Polygon
25.8.2022
Boson Protocol has announced that it will go live on Polygon in the current year’s fourth quarter. Boson Protocol has been termed as one of the basics in forming and adopting the Web3 ecosystem, especially in the eCommerce sector. It enables digital to physical redemption by eliminating...