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Kylin Network and Onfinality Enter Into Partnership
22.7.2022
Kylin Network has published a blog post to announce its partnership with Onfinality, a leading infrastructure platform that supports the Polkadot/Substrate ecosystem. Under the partnership, Onfinality agrees to grant Kylin Network access to its API and one-click deploy collator nodes. Additionally...
Gnox (GNOX) Leads the Pack After 60+% Gain With Bitcoin (BTC) And Ethereum (ETH) Struggling To Keep Up
22.7.2022
Gnox has increased by 60% despite Bitcoin and Ethereum dropping and the rest of the market falling along with them. Many investors are perplexed about how this new protocol has performed so well in the current market environment. BTC and ETH are Finding it Difficult to Keep Up Today, investors...
DIA Closes Oracle Integration Via OKXChain for Data Libraries
21.7.2022
DIA recently announced closing its oracle integration with the help of OKXChain. The smart contract platform will help DIA to propose its data libraries, enabling the rapid development of dApps and NFTfi apps. The DIA team expressed delight about joining the OKC team, as it allows them to offer...
Encentive Web3 OS to Integrate TokenPocket DeFi Wallet
20.7.2022
Encentive Web3 OS recently announced integrating TokenPocket decentralized finance wallet. The integration will allow TokenPocket users to access Encentive seamlessly. In addition, it will lower the entry barriers to the Web3 industry. TokenPocket supports leading cryptocurrencies and chains...
Staking Pool Lido to Expand to Ethereum L2s, New Proposal Seeks 'Operating Runway' for DAO in Stablecoins
19.7.2022
Lido Finance, a decentralized finance (DeFi) protocol and third-party staking pool operator for Ethereum (ETH) 2.0, aims to expand services across various Ethereum Layer 2 (L2) scaling solutions. Meanwhile, a new proposal seeks to secure around two years of "operating runway" for Lido DAO...
Plasma.Finance & Ren Protocol V3 Partner for DeFi Cross-Chain Bridging
19.7.2022
Plasma.Finance recently announced a partnership with Ren Protocol v3. The collaboration will see the projects offering DeFi cross-chain bridging support for EVM and non-EVM chains. It includes Bitcoin, Dogecoin, Bitcoin Cash, stablecoins, and many more. Plasma.Finance aims to expand its all-in-one...
Cross-Chain Infrastructures: The Solution to Liquidity Fragmentation in Decentralized Finance (DeFi)
18.7.2022
Decentralized Finance (DeFi) has emerged as a rival to the traditional finance economy; this nascent crypto niche made a hallmark debut in the summer of 2020 following the launch of governance tokens and yield farming incentives. Two years down the line, a total of 4.8 Million unique wallets have...
Cowboy Snake Partners Roseon for Optimized Yield
18.7.2022
Cowboy Snake recently announced a partnership with Roseon, a mobile yield aggregator. The collaboration will see Cowboy Snake leverage Roseon’s NFT and crypto portfolio management. In addition, the projects will optimize yield across CeFi and DeFi networks. Cowboy Snake announced the partnership...
Mixers Receiving ‘More Cryptocurrency than Ever in 2022’ - Chainalysis
15.7.2022
Crypto mixers – services that exist to increase the anonymity of crypto users – are more popular than ever, while illicit addresses account for 23% of funds sent to mixers so far this year, a new report from blockchain intelligence firm Chainalysis has found.
The 23% number for these seven months...
These DeFi Tokens May Keep Your Portfolio From Needing A Checkup: Gnox (GNOX), Avalanche (AVAX), And Fantom (FTM)
15.7.2022
The bear market has arrived, and novice investors are feeling the cold. Bitcoin slowly descends and drags the rest of the market with it, altcoins are bleeding, and anyone who invested in this cycle is likely looking at huge losses within their portfolio. But DeFi (decentralized finance) continues...
7 DeFi Risks You Should be Aware of According to CoinShares
14.7.2022
Risks are inherent to all financial sectors, and decentralized finance (DeFi) is no exception.
The most common forms of financial risk in traditional finance (TradFi) include credit risk, liquidity risk, asset-backed risk, foreign investment risk, equity risk, and currency risk.
While some...
Celo Blockchain Introduces Uniswap v3 and Green Asset Pools
14.7.2022
The announcement of Uniswap v3 and the Green Asset pool launching on the Celo blockchain is welcomed, enabling all Celo users to have direct access to Uniswap DEX and pools. Considering this factor, the voluntary carbon will be the gainer and tremendously. What with receiving access and liquidity...
Safemoon V2 (SFM), Shiba Predator (QOM) & RoboApe (RBA): The Meme Coins Taking Over the Crypto Space
13.7.2022
Meme Coins are crypto-assets created from internet-based memes. Just like the literal meaning implies, these coins are humorous and give a light feel to the cryptocurrency market. However, following the creation of DogeCoin in 2013 from a meme, the crypto space has seen the birth of several others....
Morpho Generates $18M Co-Led by Variant and a16z
13.7.2022
Morpho recently closed its fundraising round co-led by Variant and a16z after raising 18 million dollars. Over 80 more investors participated in the event, including power users, founders, advisors, and builders. The venture will use these funds to revolutionize decentralized lending. Morpho...
The Best Possible Integration of Friktion, Orca, and Lido
12.7.2022
Ultimate integrates with Friktion Finance, a leading automated option protocol on the SOL blockchain ecosystem. This integration will allow Ultimate users to benefit from automated covered call selling strategies and attractive returns in downward or sideways trending markets. The complexities...
Gnox Is the DeFi Token That BSC Whales Are Dip Buying Faster Than Pancakeswap, Biswap, & Binance Coin
12.7.2022
A Blockchain is a public database that is open and accessible to everyone. This new wave of transparency means that every transaction on a Blockchain is recorded and can be seen by all. And during these periods of market decline, investors can follow whale wallets to see what they are buying. This...
Athos Finance Enters an IDO/DEX Partnership with StellaSwap
11.7.2022
Athos Finance recently announced a partnership with StellaSwap. The collaboration will revolve around the launch of an IDO and DEX. With the development, Athos Finance is directly hinting towards releasing its native token, $ATH. The collaboration will see both teams working closely to bring their...
Aztec Network Launching First-Ever DeFi Solution for Ethereum
8.7.2022
Aztec Network recently announced launching the first-ever private solution on the Ethereum network. With the development, Aztec Connect went live on the mainnet to facilitate private DeFi on Ethereum. Using Layer 1 DeFi liquidity and complete privacy, Aztec will allow users to access alternative...
Aave Summoning GHOsts With a New Native Stablecoin Proposal
8.7.2022
Popular decentralized finance (DeFi) protocol Aave (AAVE) has proposed to the decentralized autonomous organization (DAO) the introduction of a native, decentralized, fully collateral-backed, USD-pegged stablecoin on the Ethereum (ETH) mainnet – dubbed GHO.
“Calling all GHOsts,” said Aave...
Crema Finance Hacker Takes USD 1.7M in Bounty, Returns USD 8M
7.7.2022
The hacker who exploited Crema Finance, a concentrated liquidity protocol built on the Solana (SOL) blockchain, has reached a compromise with the decentralized finance (DeFi) protocol to return the majority of stolen funds while keeping some as compensation.
The team announced today that "after...