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NFEX Raises $3M Seed Round to Build NFT Derivatives DEX
15.2.2023
PRESS RELEASE. NFEX has completed a $3 Million seed round led by ABCDE Capital and included investment from other well-known institutions including Amber Group and Firestone Ventures. NFEX strives to build the best derivative NFT market, creating new opportunities to attract greater liquidity...
Sell or stake: Ethereum staking giant Lido mulls choices for its $30M ETH
15.2.2023
While LidoDAO’s current inflows of about 1000 stETH are sufficient to cover operating costs for the time being, it’s worried that may not last
NFT Marketplace Blur Launches Native Token, BLUR Price Drops 85% in a Matter of Hours
14.2.2023
The Blur non-fungible token (NFT) marketplace launched its native token this week, and users who were awarded token allotments received “care packages.” Blur tokens began trading at noon on Feb. 14, reaching a high of $5.02 per token. However, the coin has since dropped more than...
SEC's crypto staking crackdown has uncertain consequences for DeFi: Lido Finance
13.2.2023
A Lido DAO member raised concerns over what impact the SEC’s crackdowns on staking could mean for the future of DeFi in the U.S
Multichain DEXs are on the rise with new protocols enabling them
11.2.2023
A new set of decentralized exchanges can enable multichain trading and margin trading for users
Aave Launches Stablecoin GHO on Ethereum Goerli Testnet with Open Source Codebase and Audits
9.2.2023
Aave Companies, the firm behind the decentralized finance (defi) project Aave, has announced the launch of a stablecoin called GHO on the Ethereum testnet network Goerli. The codebase is available on Github and has undergone audits by Open Zeppelin, Sigmaprime and ABDK. Aave Invites Programmers...
Coinbase CEO Brian Armstrong Expresses Concern Over Rumors of SEC Ban on Crypto Staking for Retail Customers
9.2.2023
Brian Armstrong, CEO of Coinbase, expressed concern about rumors that the U.S. Securities and Exchange Commission (SEC) may eliminate cryptocurrency staking for retail customers in the United States. Armstrong insisted that “staking is not a security” and that the trend allows users...
Bank of America: Innovation to Expand Decentralized Finance Functionality Over Time
9.2.2023
Developer activity and adoption is the key to success, the report said
What is decentralized storage, and how does it work?
9.2.2023
Explore the concept of decentralized storage in this informative guide. Learn about the functioning and advantages of a decentralized storage network
Contentious Uniswap Vote Highlights the Opaqueness of Decentralized Governance
8.2.2023
A16z didn’t quash a proposal to launch Uniswap onto Binance’s BNB Chain, but that doesn’t mean it couldn’t have
Avalanche (AVAX) price is up, but do fundamentals support the rally?
7.2.2023
AVAX price has been in a strong rally since the start of 2023, but a sustained uptick in its DeFi components is needed in order to sustain the current bullish momentum
LBank Exchange Will List Fief (FIEF) on February 8, 2023
7.2.2023
PRESS RELEASE. INTERNET CITY, DUBAI, Feb. 7, 2023 – LBank Exchange, a global digital asset trading platform, will list Fief (FIEF) on February 8, 2023. For all users of LBank Exchange, the FIEF/USDT trading pair will be officially available for trading at 6:00 UTC on February 8, 2023. Fief...
Dell Joins Hedera Governing Council to Explore Developing Decentralized Applications
7.2.2023
The council that runs the Hedera public ledger now has up to 39 members, each of which run a node on the network. Other members include Google, IBM Deutsche Telekom, Boeing, DBS and Nomura Holdings
Ethereum Liquid Staking Trend Continues to Swell; 5 Platforms Control 97% of Market
7.2.2023
As of Feb. 7, 2023, the value locked in 11 Ethereum-based liquid staking protocols has risen above $11 billion, with Lido, Coinbase, and Rocket Pool recording 4-10% gains over the past month. Lido holds more than 73% of the total value locked (TVL) out of the 6.87 million ether held by the...
Crypto exchanges tackle insider trading after recent convictions
7.2.2023
The first-ever case of crypto insider trading highlights the need for reforms from exchanges to keep track of their employee’s trade activities
Decentralized Identity Network Space ID Raises $10M
7.2.2023
The round was led by crypto investment firms Polychain Capital and dao5
'Decentralized Infura' may help prevent Ethereum app crashes: Interview
6.2.2023
The initial “Dfura” marketplace, which is currently in development, is expected to include up to 10 Web3 data providers
Decentralized Lending Protocol Clearpool to Start Institutional Borrowing Platform
6.2.2023
Clearpool Prime is set to begin operations in the first quarter of this year
What are decentralized social networks?
6.2.2023
Explaining Web3 social networks — their benefits, challenges and how they work
Hackers Stole $3.8 Billion From Crypto Firms in 2022, Says Chainalysis
4.2.2023
Blockchain analytics firm Chainalysis says 2022 was “the biggest year ever for crypto hacking,” with $3.8 billion stolen from cryptocurrency businesses. The firm added that decentralized finance (defi) protocol hacks accounted for 82.1% of all cryptocurrency stolen by hackers during...