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DeFi.org Collaborates With Orbs and Polygon
19.5.2022
DeFi.org has announced a new accelerator program in collaboration with Polygon and Orbs to enable developers to build DeFi applications by leveraging the L2 capabilities of Polygon and the L3 infrastructure of Orbs. DeFi.org will pitch in by assisting in launching the next wave of DeFi innovation....
Coinbase Bets On 'Enterprise-Grade' Liquid Staking Business
19.5.2022
Major US-based crypto exchange Coinbase is backing the development of the "first-ever" enterprise-grade liquid staking protocol, bringing know-your-customer (KYC) checks to the world of decentralized finance (DeFi).
According to an announcement from Coinbase on Tuesday, the new liquid staking...
dForce Brings ChainLink Oracle to Arbitrium for Price Feeds
18.5.2022
ChainLink Oracle support from dForce will be extended to the Arbitrium blockchain, according to a blog post shared by dForce on Medium. The move is part of the project’s plan for multi-chain expansion of the protocol to EVM-compatible networks. dForce operations on Arbitrium will now access...
PEAKDEFI Collaborates With Football Club, West Ham United
17.5.2022
West Ham United and PEAKDEFI have collaborated, making PEAKDEFI the inaugural official Decentralized Asset Management Partner for the club. In return, PEAKDEFI gains access to the growing channels of West Ham United for branding purposes and to educate the fans of the clubs about different...
21Shares Lists New Crypto ETPs to Create Scope
16.5.2022
The crypto investment platform 21Shares Introduced a couple of new Exchange Traded Products (ETP) as it plans for an expansion. The Layer-1 and decentralized finance ETPs launch are expected to let investors partake in the global web3 revolution. 21Shares is an ETP provider based in...
Terra’s Fall Creates Ripples Among DeFi Networks
16.5.2022
The impact of Terra plummeting to $0 has crossed the ecosystem and created a chain reaction that brought down several DeFi networks and applications. Statistics confirm that the total TVL of the DeFi ecosystem lost nearly $100 million, fueled by this event. The current crisis is seen as a blow...
Polkadot Launches First Cross-Chain Link Between Acala & Moonbeam
13.5.2022
Moonbeam has announced a cross-chain link with Acala using HRMP bidirectional channels that allow token transfers and native communications between the chains without any bridges. The connection uses XCM on the Polkadot platform as XCM was recently released. However, many more will undoubtedly...
Forward To Integrate Chainlink To Enhance DeFi Exchange and LBP
13.5.2022
Forward recently announced its integration with Chainlink Price Feeds on BNB Chain to power its DeFi (decentralized finance) exchange and LBP or lending and borrowing protocol. The team also plans to associate itself with Chainlink Keepers to liquidate positions and loans and rollover loans...
The YashaDAO Is Looking To Fund DeFi’s High Potential Projects
13.5.2022
Despite many cryptocurrencies decreasing in price, there are still thousands of cryptos in existence as of May. Although many of these projects have high potential, they often lack the monetary backing and team experience needed to take them to the next level. As a result, cryptocurrencies such...
Grape Finance Secures GRAPE Stablecoin with Chainlink
12.5.2022
Grape Finance has integrated Chainlink Price Feeds, gaining access to high-quality and tamper-proof price data. Users benefit from the integration as they are assured that MIM price data is now hyper-resistance to data manipulation. Chainlink Price Feeds has been integrated by Grape Finance...
Transit Swap Integrating with Swappi to Stake Assets
11.5.2022
Transit recently announced its integration with Swappi, the well-known DEX on Conflux. Transit Swap users can swap crypto without any account or registration with the integration. In addition, they can earn, swap, and stake assets for income generation. There are two primary reasons behind...
Stack Adds Orbs to Research and Analytics Platform
10.5.2022
Stack Analytics recently announced adding Orbs to its crypto research platform. The venture has also added Orbs to the Coin98 wallet for staking purposes. Stack aims to develop effective yet simple tools to assess crypto projects as an analytics platform. The platform achieves this with its unique...
Goldman Sachs Releases DeFi Reports to Offer Insights
10.5.2022
Goldman Sachs recently released its DeFi report, giving keen insights about its bullish nature in the domain. The report is titled “Crypto: A New Asset Class” and is available to paying subscribers. The report also included an interview with Mike Novogratz, the former hedge fund manager. The...
Aave Launches V3 to Boost DeFi’s Mainstream Adoption
9.5.2022
The popular DeFi protocol Aave is drafting new expansion plans as its TVL reaches 18 billion dollars. The team hopes to exploit the demand and make DeFi mainstream through the new and improved V3 protocol launch. Reportedly, the V3 protocol would address some of the fundamental issues of...
DeFi Lending Protocol Fortress Loses All Funds in Oracle Price Manipulation Attack
9.5.2022
Fortress, decentralized finance (DeFi) lending protocol with an algorithmic money market and a synthetic stablecoin, has suffered an oracle price manipulation attack that resulted in the loss of all of its funds.
"Fortress has been hit with what we believe is an oracle manipulation attack...
Uniswap Has Deeper Liquidity Than Coinbase & Binance, Uniswap Co-Authored Study Claims
6.5.2022
The popular decentralized exchange (DEX) Uniswap (UNI) has deeper liquidity in several important crypto trading pairs than even the largest centralized exchanges such as Binance and Coinbase, according to a new study, co-authored by a researcher at Uniswap....
Read More: Uniswap Has Deeper...
Polkadot is Now a Fully Interoperable Multichain
6.5.2022
Polkadot recently completed its upgrade that facilitates parachain-to-parachain messaging on the network. The platform is using XCM cross-consensus messaging to enable the same. This latest upgrade allowed the Polkadot parachain network to officially become a completely interoperable multichain...
Orbs Adds Coin98 Crypto Wallet for Staking from Tetra
6.5.2022
The blog post shared on the Orbs website confirmed that the Coin98 crypto wallet is officially added for ORBS staking. Orbs holders can use the easy-to-use staking interface directly for the Coin98 mobile available in both Android Play Store and Apple App Store. Staking has become one of the most...
Top DeFi Coins 2022: Avalanche, Tezos, & Logarithmic Finance!
5.5.2022
To be a part of this era’s crypto explosion would be a dream come true. The cryptocurrency market is as enticing as it has ever been to investors, and the global movement is rapidly growing. Logarithmic Finance (LOG) is a new cryptocurrency with many goals, and it seems to be a viable...
Aurora Bringing EVM to XP.NETWORK with Latest Partnership
2.5.2022
XP.NETWORK recently announced a strategic partnership with Aurora, a visionary network. The integration will add Aurora to XP. NETWORK’s bridge family, as it is currently the most successful chain on NEAR. The chain has showcased its potential by surging by 750 within only six months....