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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...
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...