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Augmented Finance Integrates ChainLink for Improved Protection
3.2.2022
Following other crypto projects, Augmented Finance has entered a partnership with ChainLink to improve the performance of its platform across blockchains. It is not easy to sustain a successful platform amidst the growing competition in the DeFi sector. So, firms are increasingly looking...
ConsenSys Acquires MyCrypto to Strengthen Partnership with MetaMask
2.2.2022
ConsenSys announced the addition of MyCrypto, a deep-rooted Eth interface, on February 1st, to collaborate with the industry-leading Web3 wallet, MetaMask. MyCrypto and MetaMask will collaborate under a single banner to increase the safety of all products and give users a consistent experience...
Wonderland DeFi Protocol to Shut Down After Fraud
1.2.2022
The Wonderland DeFi Protocol has announced its closure after revealing that its treasury manager was a convicted felon. Wonderland was thrown into disarray after a Person on Twitter revealed 0xSifu’s true identity as Michael Patryn. He must have earlier pled guilty of credit card theft...
Celer Partners with Dforce to Enable Cross-Chain Bridging for DF and USX Through cBridge
31.1.2022
Celer has announced another new collaboration with dForce. As cBridge’s total transaction volume reaches a new high of over $2.7 billion, Celer is adding support for more chains and protocols. Celer has collaborated with dForce and finished the DF and USX integration on cBridge. The dForce...
Polygon Developer Ecosystem Reaches New Milestone
28.1.2022
According to info from Alchemy, the world’s biggest Web3 developer platform, Polygon had already achieved a new adoption landmark, with over 7,000 decentralized applications running on the system as of Dec., more than doubling the amount only before three months. The year before, the rising...
Mettalex and S&P Global Platts Launch Industrial-Grade Commodity Price Data Feeds Within the DeFi Ecosystem
28.1.2022
Mettalex, a decentralized commodities derivatives exchange on Fetch.ai, has partnered with S&P Global Platts, a press release on January 24 reveals. S&P Global Platts and Mettalex Join Hands for better Efficiency and Flexibility S&P Global Platts has a global presence as a provider...
Duet Protocol and iZumi Finance Partner for Improved DeFi Experience
27.1.2022
In what could be termed as an important development for decentralized finance (DeFi), a partnership has been struck between Duet Protocol and iZumi finance. Both of these projects have been conceptualized with the objective of enhancing the convenience of the users in the DeFi space. Specifically...
Crypto-Based Money Laundering Still on the Rise, DeFi Gets Bigger Role
26.1.2022
Money laundering in crypto continued to rise between 2020 and 2021, although the illicit activity still remains below its all-time high from 2019. However, the takedown of two major illegal services in the past year may have made the activity less concentrated, blockchain intelligence firm...
Microsoft Looks To Hybrid Work, Gaming To Boost Its Metaverse Coverage
26.1.2022
Microsoft is aiming to benefit from the rapid spread of hybrid work, looking to extend its presence within the social connection-focused virtual world to companies whose employees are working remotely. The company also seems determined to use its forthcoming acquisition of game developer...
Avaware.Network: Making DeFi on Avalanche Great
25.1.2022
Avaware is a channel that satisfies all DeFi requirements in a single, simplistic, and easy-to-understand bundle. Their aim is to create true ideas that help DeFi and everything that has progressed around it available to anybody with a mobile. They provide a wide range of services to developers...
JPMorgan Chase Closes Uniswap Founder's Bank Accounts & Offers Help
24.1.2022
Hayden Adams. Source: A video screenshot, Youtube/Fluidity
Hayden Adams, the creator of major decentralized exchange Uniswap, said that American banking giant JPMorgan Chase closed his banking accounts with “no notice or explanation.”
"I know many individuals and companies who have been...
Shade Protocol and SupraOracles Enter a Partnership
24.1.2022
In a partnership of strategic interest, Shade Protocol has decided to come together with SupraOracles. This particular association will lead to the development of the Oracle solution that will help the Shade Protocol to complete a number of functions on the network of Secret. The primary function...
Harmony Is Gearing to Launch Bitcoin Bridge
21.1.2022
In order to further intensify and widen the scope of its bridging and decentralized solutions, Harmony is now preparing for the launch of its Bitcoin bridge. This launch will be carried out with the help of the community members of the Harmony, and external participation in the process will...
New Investors and $400 Million Funding in Secret Network
20.1.2022
Shockwave was recently revealed by Secret Network. It is a growth-oriented initiative that is aimed to strengthen the grounds of Secret Network as a pillar and data privacy hub for Web3. Secret Network has now made three announcements under the initiative. The first announcement reveals a list...
Multichain Losses Reportedly Exceed USD 3M As Critical Vulnerability Remains Unsolved
20.1.2022
Losses of the cross-chain router protocol (CRP) Multichain have reportedly exceeded USD 3m as the protocol is still prone to additional hacks and exploitation.
Tal Be’ery, co-founder of the crypto wallet app ZenGo, claimed that the "hack is far from being over." He added that hackers have...
Top Risks for DeFi Users and Investors According to Moody's and Gauntlet
19.1.2022
Decentralized finance (DeFi) is rapidly evolving, but insufficient transparency, a lack of shared awareness about its risks, and methods to measure and mitigate those risks continue to pose challenges to its users, according to a report by international risk assessment firm Moody’s.
Prepared...
BitDAO Community Sponsors Chainlink Price Feeds Launch for BIT Token
19.1.2022
The BitDAO community recently sponsored Chainlink Price Feeds’ launch on Ethereum privately. After the launch, the price feeds will act as a decentralized oracle for the BIT token. It will also optimize the trading of BIT on derivative and sport decentralized exchanges. Moreover, it will promote...
Opera Launches Web 3 Browser With Built-in Non-Custodial Wallet
19.1.2022
The popular multi-platform web browser Opera has unveiled its “Crypto Browser Project” meant to offer users direct access to Web 3 services across multiple networks. The project's beta version is already available with a built-in non-custodial wallet for Windows, Mac, and Android users....
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SundaeSwap and the ISO to Go LIVE on Thursday
17.1.2022
The long-awaited moment has arrived! The information about the launch of SundaeSwap DEX is presented in an easy-to-understand format below. Important Dates and Points to Remember: SundaeSwap will go live as a completely operational beta decentralized exchange on 20 January Thursday. The 1st round...
DMEX Has Reached a Strategic Partnership with Channels
13.1.2022
On January 11, 2022, DMEX, the decentralized mining platform has made an announcement about its strategic partnership with channels. Channels is a decentralized lending portal that gives special importance to the security of its users. Not only this, but it also supports LP smart staking pool...