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Could Tron (TRX) and RoboApe (RBA) Potentially Explode In 2022
4.7.2022
Even though forecasts of the digital finance market’s demise have been considerably overblown, almost everyone from long-time investors like Elon Musk to the average citizen is probably considering putting their money in crypto. The cryptocurrency market is still expanding and has made great...
Crypto Selloff Proves Computer Code Leads To ‘Better Outcome’ Than Human Discretion - Arthur Hayes
1.7.2022
Pure decentralized finance (DeFi) protocols have fared far better than the more centralized crypto lending and borrowing companies during this bear market. This proves that computer code and transparent standards give “a better outcome,” crypto essayist and former BitMEX CEO Arthur Hayes...
DeFi Protocol KLAP Emerges as Klaytn’s 2nd Biggest Offering in Less than a Week
1.7.2022
A new DeFi protocol is in town, attracting millions of dollars worth of crypto assets within days of its launch. KLAP, which stands for Klaytn Lending Application, is a new offering on the Klaytn blockchain that has grabbed more than $79.3 million in total value locked within a week of its launch. ...
EMDX And Chainlink Price Feeds Join Hands To Secure Crypto Perpetual Swaps
1.7.2022
EMDX has integrated Chainlink Price Feeds to secure its crypto perpetual swap. The oracle network now offers EMDX access to high-quality and tamper-proof price feeds. Chainlink Price Feeds covered in the initial phase of the integration are AVAX/USDC, BTC/USDC, and ETH/USDC. EMDX needed access...
CVI Takes Aim At Bancor’s ‘Flawed’ Impermanent Loss Protection
28.6.2022
The Bancor protocol has come under attack from rival DeFi platform Crypto Volatility Index (CVI) following its widely publicized decision to temporarily pause its impermanent loss insurance program due to what it said were “hostile market conditions”. Shahaf Bar-Geffen, the CEO...
DeFi Never Sleeps: How Investors Are Generating Massive Returns Through Yield Farming Protocols Such As Gnox, Pancakeswap, & Curve?
27.6.2022
Decentralized finance has earned a unique reputation across the crypto market for its yield-generating capacity is way higher than any traditional financial tool. No bonds, no stocks, or certificates of deposits can match the returns you get with yield farming protocols. For the uninitiated, yield...
XCarnival Hacker Accepts ETH 1,500 Bounty and Returns Remaining ETH 1,467
27.6.2022
The hacker of XCarnival, a lending aggregator for metaverse assets, has accepted a bounty of ETH 1,500 (USD 1.85m) in exchange for the return of the remaining ETH 1,467 (USD 1.8m) and the team not pursuing legal actions.
Etherscan transactions show that the hacker has already sent ETH 1,467...
Central Bankers' Attack on Crypto is ‘a Legacy Vision’, Failure to Recognize ‘Revolutionary Benefits’ of DeFi - Analysts
23.6.2022
As the Bank for International Settlements’ (BIS), also known as "the central bank of central banks," tried to monopolize trust in money with its new report this week, analysts stress that it simply represents “a legacy vision” that brings a number of new risks, and the BIS fails to recognize...
YOP Finance Uses Chainlink Price Feeds for Price Displays
23.6.2022
YOP Finance recently announced integrating Chainlink Price Feeds to access precise, decentralized on-chain data. The integration will help the yield aggregator propose better price display conversions and secure vault strategies. YOP Finance’s current objective is to simplify DeFi yield for...
SNX Rises as Synthetix Sees Surge in Trading Volume
21.6.2022
The decentralized finance (DeFi) protocol Synthetix (SNX) has seen a massive surge in trading volume on its platform in June, leading its native token SNX to rise in the market....
Read More: SNX Rises as Synthetix Sees Surge in Trading Volume
Leonicorn Swap Launches DEX Aggregators on Kucoin Community Chain
21.6.2022
Leonicorn Swap recently announced joining the Kucoin Community Chain. The partnership will see Leonicorn Swap releasing its multi-chain decentralized exchange aggregators on the platform. In addition, it will enable Kucoin users to access its next-gen dividend system. With the LEOS token, users...
Bancor Pauses Protection Mechanism Due to ‘Hostile Market Conditions’
20.6.2022
The decentralized finance (DeFi) protocol Bancor (BNT) said it has paused its impermanent loss (IL) protection mechanism due to what it calls “hostile market conditions.”
In an announcement published on Monday, the team behind Bancor said that impermanent loss protection has been “temporarily...
Solana-Based 'DeFi' Lender Solend Goes for Whale Hunting and Backpedals Instantly
20.6.2022
A new proposal put forward by Solana (SOL)-based borrowing and lending service Solend to disapprove the takeover of the protocol's largest account following huge backlash from the community has passed with an overwhelming majority of votes.
The new proposal, dubbed SLND2, asked to invalidate...
Pendulum & Amplitude Team Up With Acala to Integrate aUSD
17.6.2022
Acala published a blog post to announce that it has integrated aUSD into the Pendulum and Amplitude parachains with Amber set to integrate the native token after its launch on Polkadot parachain. Pendulum seeks to leverage the token to facilitate the exchange services of fiat currency...
Swapped Finance, the Next-Gen AMM, Launches on Shardeum Network
16.6.2022
Swapped Finance recently announced its launch on the Shardeum blockchain. The platform will introduce a DEX (decentralized exchange), Staking, Yield Farming, and an AMM (automated market maker) to Shardeum. Built on Shardeum, Swapped Finance is being introduced as the simplest way to trade...
Wall Street Meets Las Vegas: How DeFi Revolutionizes the Betting Industry
15.6.2022
It’s no secret that the gambling industry is riddled with problematic behaviors, especially with online casinos, with gambling-related fraud skyrocketing in the past couple of years. Because of this, many bettors find themselves unsure of whether or not they can trust their casino. Transparency...
Gorilix (SILVA) Up 15% as Binance Coin (BNB) & Ripple (XRP) Suffer Losses
15.6.2022
The extensive price drops of major cryptocurrencies such as Binance Coin (BNB) and Ripple (XRP) are ongoing. The markets have tended to favor stable coins and some smaller altcoins, which generally do not follow the same fluctuations as some of the more popular tokens, making them highly sought...
Astar, Arbitrium, and Boba are Added to Crypto.com Wallet
14.6.2022
It has been announced that the Crypto.com wallet will now support three new blockchains: Arbitrum, Astar, and Boba. Now, storing and earning from the tokens from these networks have become seamless and secure. And what’s more, the integration also brings several other benefits and features...
dForce to Deploy New Set of Protocols on KAVA
13.6.2022
The press release from dForce on June 11 announced an all-new partnership with the layer-1 blockchain network KAVA. The partnership will allow dForce to deploy services like dForce lending, dForce bridge, and USX stablecoin to those from the KAVA community. This step will be significant...
Chainlink Keepers and VRF are Live on the Avalanche Network
10.6.2022
Avalanche announced that its primary network had taken Chainlink Keepers and Chainlink VRF live through integration. It is expected to benefit Avalanche developers and users alike through the security and functionality of applications. The integration allows the community to leverage the automation...