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Big Eyes, BNB, and DOGE holders are FOMOing over Oryen ICO which made 110% profits for its buyers until now
14.11.2022
Key Takeaways Oryen offers fast 110% gains for Oryen ICO buyers. Big Eyes, BNB, and DOGE holders are FOMOing over the quick gains. Oryen ICO offered fast 110% gains for Oryen ICO buyers Oryen ICO buyers gained over 110% in profits in their Oryen ICO investments during the phase one presale. This...
Algorand foundation & Algorand Inc. partners with Immunefi
11.11.2022
The Algorand Inc. and Algorand Foundation yesterday launched a series of bounties hosted on Immunefi. Immunefi is a leading bug bounty and security service platform for Web3. The bounty series of the Algorand Foundation emphasizes enhancing its DeFi projects and ensuring the security and support...
Snowfall Protocol is a better investment than both Curve DAO Token (CRV) and Lido DAO (LDO) – Find out why!
11.11.2022
Snowfall Protocol has been called the next 1000x token because experts believe it will return 1000x to its investors, and so do we, so keep reading to hear why! If you’re looking for a DeFi project that is better than Curve DAO Token (CRV) and Lido DAO (LDO), then you should be looking...
Bebop introduces token trading and goes live on Polygon
9.11.2022
Bebop, which happens to be a freshly created decentralized trading platform that provides one-to-many and many-to-one digitally based asset trading, has now positioned itself live on Polygon. Bebop is an entity that was developed by Wintermute, a well-known and highly regarded digital asset market...
GMX Protocol positioned on Avalanche in January 2022
8.11.2022
The GMX Protocol had been effectively positioned on the Avalanche. This incident took place sometime in the month of January, 2022. Ever since, the entity has taken the lead of engaging in on-chain swaps. Along with that, there is also the issue of futures trading, which has kept them occupied....
Decentralized Exchange Rubic Loses $1,000,000 in Exploit Involving Private Keys
3.11.2022
Multi-Chain swaps protocol and decentralized exchange (DEX) Rubic has lost over one million worth of tokens after attackers gained access to the private keys of an administrator's wallet.
During morning hours in Asia, the project developers revealed that one of their admin’s wallet addresses that...
Orion partners with UNI, CAKE, SpookySwap, & QuickSwap
3.11.2022
Orion Protocol joins centralized and decentralized exchanges with their tokens to remove limitations involving token fragmentation across liquidity providers. A high-grade centralized exchange strengthens a liquidity foundation on Orion but with exchanges like OKX, Binance, AscendEX, and KuCoin....
Chainlink builds a low-latency Oracle solution for the DeFi market
2.11.2022
Oracle’s present low-latency solution provider for spin-offs in the Defi market comes with a sea of opportunities. However, this will be instrumental in exponentially increasing the overall value quotient of Web3. Considering that the conventional financial markets all over the globe bring more...
Braavos raises $10M at Pantera Capital’s investment round
2.11.2022
Motty Lavie, the Braavos CEO, announced that a self-custodial crypto wallet Braavos had raised $10M in a funding round intending to offer self-custody in a more user-friendly way. A self-custodial crypto wallet Braavos raises $10M with the backing of Pantera Capital, a crypto-focused investment...
Atlendis: A protocol for uncollateralized crypto loans
1.11.2022
Lending platforms help projects grow, making them an essential part of the DeFi infrastructure. However, it faces one limitation in depositing collateral with the lender. Eliminating that factor could potentially help projects grow without worrying about availing collateralized loans. Atlantis...
KyberSwap & Multichain integration eases DEX
31.10.2022
KyberSwap has successfully integrated with Multichain with the specific aim and intention of directly benefiting all of its users who are on board. However, this effectively plays out by providing users with a much smoother and simplified path laid down for connectivity purposes with the KyberSwap...
Team Finance suffers an exploit of $14.5M
28.10.2022
Team Finance, a crypto liquidity provider, unveiled on Thursday that they have suffered a loss of $14.5M through a smart contract bug in its system. It said in a tweet that they are exploited through the v2 to v3 migration function, which was previously audited. Team Finance is actively working...
Just like iOS vs. Android, DeFi developers are in need of an easy to use programing language
28.10.2022
Writing smart contracts for decentralized applications is a complex task that can benefit from a vastly more simplified development environment. Just as writing software applications for iOS is far easier than building for Android, DeFi-focused blockchain Radix promises to radically simplify...
JPMorgan Exploring Digital Identity Wallets in Web3
27.10.2022
Major investment bank JPMorgan is exploring a future in “the new web” that would see users “freely traverse across digital realms in a trusted way, all using one digital identity in multiple places.”
More precisely, it is exploring the idea of a digital wallet, or a Web3 digital ID offering. It...
Aries Markets Mainnet is all positioned to go live
27.10.2022
Aries Markets is in the process of carrying out a soft launch as a part of their newly launched Aries Markets devnet. However, this has taken the company many months of deliberations and the process of trial and error to breathe life into its creation finally. Therefore, it is not at all surprising...
Sam Bankman-Fried faces flak for DeFi regulation
21.10.2022
Sam Bankman-Fried drew serious flak from stalwarts and individual players involved in the blockchain and cryptocurrency arena. However, this incident occurred post the declaration announcing a proposal, mentioning certain regulations to be attached to the functioning of DeFi. The entourage...
Aptos creates dissatisfaction on entering the layer 1 race
20.10.2022
Aptos, which is a much-spoken-about Layer 1 blockchain, came on live the day before. It declared its plans to enter the already crowded Layer 1 race. This information has set the ball rolling for much uneasiness and doubts created in the overall marketplace. At the commencement of trading...
Hacker Steals $8.4 Million from Moola Market DeFi Protocol
19.10.2022
As cybercrime continues to be an important subject in the decentralized finance (DeFi) sector, the latest incident sees Moola Market being exploited for over $8.4 million. In a surprising turn of events, the majority of these funds were later returned.
“First off, we're buoyed by the fact that...
Frax to publicly release Frax Ether (frxETH) protocol
19.10.2022
Frax Finance, as part of its imminent plans, will be in the position of officially delivering its very own liquid staking protocol. However, this will be carried out with the aim and intention of enabling all of its users to be able to successfully mint an ether-copied token. This token will go...
Snowfallprotocol.io (SNW) is on its way to overcoming Ripple (XRP) and DeFiChain (DFI)
17.10.2022
The crypto market has many instances where it is more susceptible to problems, but often, it is an excellent investment. But what exactly makes it so? It’s good that you ask because some cryptocurrencies offer big rewards, less risk, and various services. Now, you must realize that there...