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Avalanche Blockchain Used To Implement Flash Loan Attack - $370K Nabbed
7.9.2022
In the latest major hacking attempt against Avalanche (AVAX), a flash loan attack that targeted the blockchain enabled its unknown perpetrator to steal as much as USD 370,000 worth of USD Coin (USDC), per a recent announcement by CertiK Alert.
“Possible impacted protocols include: @nereusfinance...
Binance Converting USDC and Other Stablecoins to BUSD - A Market Share Grab?
7.9.2022
Binance, the largest cryptocurrency exchange by trading volume, has announced that it is removing support for three major stablecoins including Circle's USDC, Pax Dollar (USDP), and TrueUSD (TUSD) on all its products. ...
Read More: Binance Converting USDC and Other Stablecoins to BUSD - A Market...
Ankr Is Now Providing Complete Security to Avalanche Bridge
7.9.2022
Ankr has now been included in the shape and function of a Bridge Node to protect and provide fool-proof security from all angles, to the apparent bridge between Avalanche and Ethereum and the multiple other chains that are involved or will be involved shortly. The Avalanche Bridge was initially...
Manila Hosts First-Ever BSV Blockchain Meetup
7.9.2022
Out of the many emerging technologies, blockchain is unwavering in its advancement toward global adoption. This is because, on top of being a technology that can improve existing systems and resolve age-old problems when it comes to digital infrastructures, it can be used as a foundation that will...
Nigeria and Binance Build a Blockchain Hub City for Blockchain Projects
6.9.2022
NEPZA, the Nigerian government agency in charge of export processing zones, announced on Saturday that it is in talks with cryptocurrency exchange Binance to establish a "virtual free zone" dedicated to blockchain technology and the digital economy.
The National Economic and Production Zones...
Enterprises Have Been Slow to Embrace Blockchain. Here’s Why
2.9.2022
Blockchain is approaching its thirteenth birthday. It might not be old tech, but it can no longer be regarded as cutting-edge tech either. True, it took a few years for the separation of Bitcoin and blockchain to occur and a couple more for enterprises to take notice. By 2017, however,...
IOG and Cardano Foundation Continue to Bring the Vasil Upgrade
1.9.2022
The Vasil Upgrade is in the pipeline after the Alonzo upgrade began to see the light by bringing many new possibilities for decentralized applications, decentralized finance, and decentralized exchanges. The Vasil Upgrade is expected to improve the network and enhance its performance. For these...
Input Output Global Collaborates With Stanford University
31.8.2022
Input Output Global has announced plans to collaborate with Stanford University by establishing a peer-reviewed research Hub at the university. Blockchain Research Hub will be worth $4.5 million and will be led by some of the most brilliant minds at Stanford University. The Hub starts accepting...
Floki Partnering With KuCoin Community Chain for FlokiFi Locker
30.8.2022
Floki recently announced a strategic partnership with KuCoin Community Chain. The collaboration will allow Floki to release FlokiFi Locker on the KCC mainnet. KuCoin Community Chain has already assisted Floki in integrating and deploying its digital asset locker protocol on its platform. Now,...
THORSwap Introduces the Ethereum (ERC-20) Cross-Chain Aggregator
24.8.2022
The presentation layer for all THORChain offerings, THORSwap is a multi-chain DEX Aggregator developed on the cross-chain liquidity mechanism of THORChain. Users can conduct permissionless cross-chain exchanges directly from their wallets under their control. There is now a Golden Age for THORSwap!...
InfinitySwap Supports ICRC-1 Token Standard on Internet Computer
23.8.2022
The Internet Computer blockchain recently concluded its proposal 74740 on the NNS (Network Nervous System) The voters approved the ICRC-1 token standard as the official network standard. Furthermore, InfinitySwap also announced support for the token standard. While ICRC-1 will be the official token...
Multichain Announces a Partnership With Step Network
17.8.2022
Multichain recently announced an integration with Step Network to help the newly introduced blockchain gain exposure. The development allows the network to interact with BNB Chain, Ethereum, and ten more leading chains. Supported by personalities like Usain Bolt and other global corporations, Step...
Blockchain Governance: How to Bridge Gap Between Governments & Industry?
17.8.2022
Cryptocurrency regulation remains a challenge for governments, and there seems to be no easy way to get around this topic. Some voices seek to make all decentralized finance (DeFi) products illegal, and conversely, some oppose any regulations. Regardless of the most extreme voices on either margin...
Arrington Capital Moonbeam Growth Fund Makes a Strategic Investment in DAM Finance
12.8.2022
The Arrington Capital Moonbeam Growth Fund has supported DAM Finance, a framework for generating buying power from cross-chain token portfolio management. The $100 million Arrington Capital Moonbeam Growth Fund, which was recently formed to support the Moonbeam ecosystem, has made its...
CurateDAO Launching Decentralized Data Curations on Avalanche
10.8.2022
CurateDAO recently released decentralized, Pinterest-like data curations supported by Incentives on Avalanche. Now, curators who assemble diverse lists to help users can earn tokens. The integration has made CurateDAO’s curate-to-earn protocol available on Avalanche. It allows users to assemble...
OpenOcean to Integrate Chainlink Price Feeds for Limit Order on Multiple Chains
9.8.2022
OpenOcean recently announced integrating Chainlink Price Feeds to secure its order limit functionality. The integration will allow OpenOcean to secure the feature on multiple chains, including Polygon, Fantom, Ethereum, BNB Chain, and Avalanche. With Chainlink’s assistance, OpenOcean can now access...
DappRadar Report Shows First Signs DeFi Recovering From Terra Collapse
5.8.2022
DappRadar, the global app store for decentralized applications, released its July Blockchain Industry Report today, revealing that DeFi is starting to recover from Terra’s collapse. While the total no. of unique active wallets (UAWs) may be down, the total value locked (TVL) in DeFi improved...
Morpheus.Network Announces Partnership With Densa.IO
4.8.2022
Morpheus.Network has announced its partnership with Densa.IO to offer higher visibility, automation, and efficiency, especially in the supply chain. Businesses can customize solutions that utilize the best parts of the emerging technologies while continuing to run their existing critical legacy...
Virtual Land Sales Take a Plunge Amid Broader Crypto Downturn
4.8.2022
Virtual real estate is seeing a crash of its own as prices of land in various metaverses, as well as sales volumes, have plunged to the lowest levels in months - amid a broader crypto downturn that has seen around USD 2trn wiped from the crypto market capitalization.
According to a dashboard...
DFK Chain Now Supports ETH, Plans to Add ETH Pairs Soon
3.8.2022
DeFi Kingdoms published a blog post to announce its support for ETH on the network in partnership with Synapse. DFK Chain is now planning to add a few ETH pairs along with the JEWEL-USDC pair on the network. The JEWEL-USDC pair will enable the users to access more accurate pricing of JEWEL on...