Bitflex Commences BETA Testing With Zero-Trading Fees
20.6.2022
PRESS RELEASE. Seychelles, June 20, 2022 – Bitflex Inc. (the “Company,” “we” or “our”), a blockchain technology company in the global market, today announced that the Company will commence BETA testing of its cryptocurrency exchange and plans...
Decoupling of Lido’s Staked ETH Differs From Stablecoin Collapse, CoinShares Says
20.6.2022
The decoupling of ether (ETH) and Lido Finance’s staked ether (stETH) is not equivalent to the breaking of the link between terraUSD (UST) and the dollar, and isn’t an example of a stablecoin collapse, according to CoinShares
Bancor pauses impairment loss protection citing 'hostile' market conditions
20.6.2022
Veteran DeFi protocol Bancor came under heavy scrutiny for pausing the impairment loss protection program at a time when liquidity providers need it the most
Solend DAO is Increasing Voting Time and Invalidating SLND1
20.6.2022
Solend DAO has undergone quick modifications in recent months. Despite introducing SLND1 fairly recently, the project received harsh criticism from its users. The venture has decided to address the concerns by introducing SLND2 actively. The DAO released an official post informing community members...
Highlights From iFX EXPO International, Cyprus – The Fintech World Came Together for Networking and New Business Opportunities
20.6.2022
The much-awaited iFX EXPO International 2022, held at the Palais des Sports, Spyros Kyprianou Athletic Center in Limassol, Cyprus, drew close on June 9, 2022. iFX EXPO International lived up to its reputation of bringing the fintech world together for professional engagement and driving the sector...
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...
Dogecoin Sees Weekend Bump After Musk Tweets, Synthetix Volumes Grow to $200M
20.6.2022
Over the weekend, separate catalysts lead to volatile trading in the two tokens with SNX rising as much as 85% in the past 24 hours
OpenBlox Integration Brings Multi-Game Experience to Avalanche
20.6.2022
The Avalanche ecosystem is getting ready for an exciting journey into the digital world thanks to its integration with OpenBlox. The launch of this digital gaming world on Avalanche could happen by the end of Q2, along with the well-anticipated launch of its fitness game RunBlox. OpenBlox has also...
Crypto lending can still survive bear market, analyst says
20.6.2022
Bear markets are much more brutal for crypto lenders than cryptocurrency firms that don’t leverage users’ deposits, according to one Bitcoin analyst
OraiDEX Announces ORAIX Tokenomics and Launch Date
20.6.2022
The decentralized exchange OraiDEX finalized the launch details of its native governance and utility token ORAIX. After much deliberation with the community, the team has designed a deflationary ecosystem for the token. The listing will take place on June 22 on the OraiDEX platform. OraiDEX is...
DeFi Protocol Solend Passes Governance Vote to Reverse ‘Emergency Powers’
20.6.2022
Solana DeFi protocol Solend has passed a governance vote that will see voting times increased to one day
ERAX Partners with De-Fighter to Hold PvP Fight-to-Earn Tourneys
20.6.2022
ERAX recently announced a partnership with De-Fighter, a Web3 PvP fight-to-earn platform. The skill-based game brings the feel of Tekken, Mortal Kombat, and Street Fighter to the modern gaming industry. At the same time, it rewards players for displaying their skills. With De-Fighter, players...