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Goldfinch Becomes a Part of the Celo Alliance for Prosperity
9.8.2022
The Goldfinch community had already joined the Celo Alliance for Prosperity, a connection of Celo mission-aligned organizations dedicated to expanding local and international ecosystems in support of establishing the prerequisites for economic success for all. Members of the alliance strive...
Over USD 36M Returned to Nomad Bridge's Fund Recovery Address
9.8.2022
Over USD 36m has so far been returned to the official fund recovery address shared by Nomad Bridge, a cross-chain messaging protocol that was drained of USD 190m worth of funds last week in what many called "the first decentralized robbery."
According to Etherscan transactions, the recovery wallet...
Arbitrum One Announced Migrating to Nitro Mainnet on August 31
8.8.2022
Offchain Labs recently announced migrating Arbitrum One to Nitro mainnet. The migration will be carried out on August 31st, exactly one year after its beta was released. Nitro proposes a substantial technical upgrade, enabling changes across the stack. It will significantly elevate the experience...
LI.FI Integrates with Fuse Network to Boost Interoperability
5.8.2022
LI.FI has partnered with the Fuse Network to stand strong to the belief that the future is beyond one single blockchain with interoperability as the key driver. According to the integration terms, the users of Fuse gain access to the on/cross-chain swapping and bridge transfer mechanism of LI.FI...
USD 6.8B Pension Fund to Invest in Crypto Lending Market
4.8.2022
Indicating that some major financial players have not been scared away from cryptoassets by the ongoing market downturn, the Fairfax County Retirement Systems, a US pension fund with assets totaling USD 6.8bn, has unveiled it is looking to invest in crypto lending markets to ramp up...
Metis Integrates Chainlink Price Feeds for Precise Price Data
4.8.2022
Metis Andromeda recently announced integrating Chainlink Price Feeds in its ecosystem. The industry-leading Oracle solution will help smart contract developers to access high-quality price data on the platform. The integration will also allow developers to secure the apps with decentralized price...
FitR to Complete INO and IDO on NFTb Using Its DeFi as a Service
3.8.2022
FitR, a Web3 lifestyle app promoting healthy and active living, has chosen to complete an INO and IDO with the help of NFTb’s DeFi as a Service. It is indeed an announcement worthy of making, and NFTb has done just that. To properly understand what exactly is in the offing for all health-conscious...
Nomad DeFi Bridge Drained of At Least USD 150M in 'Chaotic' 'Decentralized Robbery'
2.8.2022
Cross-chain messaging protocol Nomad, which allows users to send and receive tokens between different blockchains, was drained of at least USD 150m after experiencing a security exploit that allowed bad actors to spoof messages. ...
Read More: Nomad DeFi Bridge Drained of At Least USD 150M...
Floki Ecosystem Introduces FlokiFi: The Future of DeFi Solutions
1.8.2022
The Floki community seems to be very enthusiastic for a really long period of time about “Project L,” an unexplained utility protocol that they have been developing. We must first discuss FlokiFi before we delve into what Project L is. A group of decentralized finance products that will...
Parallel Capital Is the New Borrower for Clearpool
29.7.2022
Clearpool published a blog post to announce that it has a new single borrower pool – Parallel. It will be available soon on the Clearpool Polygon Market. The pool is being launched by Parallel Capital, a high-frequency trading firm. Parallel Capital was founded in 2018 as an algorithmic...
Eden Network Launches yyAVAX On Avalanche With Align Incentives
29.7.2022
Eden Network has announced the launch of yyAVAX, a liquid staking product, in partnership with Yield Yak and Geode Finance on Avalanche. The new product launched is a yield-bearing derivative awarded to AVAX token stakers. Native tokens are often required to be staked by users to secure...
Solana Team Set to Open Doors of a Physical Store in New York to Promote Solana and Web3
28.7.2022
The team behind open-source blockchain Solana (SOL) is readying to open its physical store in New York City, USA, to the public, in a bid to promote the Solana blockchain and Web3 at large.
The store, dubbed Solana Spaces, is located at a mall in Hudson Yards and was launched in collaboration with...
US GPD Slips Again, Another DeFi Protocol Attacked, Zipmex Seeks Protection + More News
28.7.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________...
Read More: US GPD Slips Again, Another DeFi Protocol Attacked, Zipmex Seeks Protection + More News
Nervos Foundation Offers Grant to Encentive
28.7.2022
The Nervos Foundation has announced that it has offered Encentive a grant to integrate its turn-key, multichain dApp building platform with Nervos Layer 2 Godwoken. Once integrated, it will extend the capabilities of Godwoken mainnet to those who continuously use Encentive to create and customize...
Amberdata to Deliver Institutional Market Participants a Comprehensive Data Set on Avalanche
28.7.2022
Amberdata has announced to add Avalanche Network to its line-up of supported blockchains. Adding Avalanche Network gives network participants access to granular and dynamic data that they can leverage to power their research, analytics, trading, and reporting. Amberdata has created a proprietary...
Second Quarter Sees DeFi, NFTs, Gaming, And Developers Shining
27.7.2022
PolygonInsights for the second quarter of 2022 were recently published by the Polygon team showing the constant growth in four major sectors: DeFi, NFTs, Gaming, and Developers. The report tracks big changes in the said sector during April, May, and June. Bungee has entered the list of top 10 DeFi...
Top Low Cap DeFi Gems: Uniglo (GLO), Spookyswap (BOO), & Aave (AAVE) Gain the Attention of DeFi Analysts
26.7.2022
Market capitalization is typically used to rank cryptos – a higher market cap means more people are invested in it. Thus, the coin is perceived to be more reliable. On the other hand, tokens with a low market cap can be viewed as speculative and unreliable. Unfortunately, this assumption about...
Rigel Protocol and Router Protocol Announce Their Partnership
26.7.2022
Through this tactical and well thought coming together in partnership, Rigel Protocol and Router Protocol will be in the perfect position to accomplish the creation of innovative products and carry them through all across the numerous EVM blockchains. Across the spectrum, there are important...
PembRock Goes Live on the NEAR Mainnet
25.7.2022
PembRock has gone live on the NEAR Mainnet, becoming the first leveraged yield farming project to do so. PembRock has gone live with two most important functionalities: lending and farming. With this, PembRock has officially met yet another major milestone on its roadmap, with more to follow soon....
Decentralized Music Platform Audius Identifies Source of USD 6M Exploit, Says it Applied a Patch
25.7.2022
Decentralized music platform Audius has identified the bug that had allowed a hacker to pass a malicious governance proposal and transfer tokens worth USD 6m, adding that they have applied a patch to regain control of the protocol....
Read More: Decentralized Music Platform Audius Identifies Source...