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NAOS and IoTeX Introduce NFD Into Credit Risk Assessments
28.10.2021
Since the traditional credit rating procedure focuses on examining financial statements, Micro, Small, and Medium Enterprises (“MSMEs”) have difficulty acquiring loans from banks. Many SMEs cannot satisfy the standards due to a lack of financial data or confirmation of assets. According...
Adobe Jumps Into Non-Fungible Token Ecosystem With ‘Prepare as NFT’ Photoshop Tool
27.10.2021
Adobe Inc., the American multinational computer software company that’s well known for its platforms like Photoshop and Illustrator, has jumped into the non-fungible token (NFT) universe. According to Adobe chief product officer Scott Belsky in a recent interview with The Verge, “NFTs...
Solana-Based Drift Protocol Raises $3.8 Million — Project Reveals Drift Alpha Ticket NFTs
27.10.2021
While the blockchain network Solana’s native token has skyrocketed in value this week jumping 31.4%, the Solana-based perpetual swap platform Drift Protocol announced it raised $3.8 million from strategic investors. At the same time, Drift announced the launch of its alpha mainnet after...
Expanding ecosystem and $1.86B futures open interest back Solana’s $250 target
27.10.2021
Derivatives data shows institutional demand remains strong for SOL, and on-chain data points to a rally to $250
Non-Custodial Dex Platforms Continue to Expand — Curve, Pancakeswap, Sushiswap, Uniswap Lead the Pack
26.10.2021
Five years ago, there was a large quantity of digital currencies and blockchains, but there were very few trading platforms that dealt with decentralized exchange. Since the boom of decentralized finance (defi), there’s now a myriad of decentralized exchange (dex) platforms that allow people...
Ampleforth integrates with Avalanche to introduce stablecoin alternative
26.10.2021
The integration will allow users of the blockchain to access algorithmic language AMPL for stabilized contract interaction
Immunefi to bolster DeFi security service with new funds
26.10.2021
The platform has paid out more than $7.5 million in bug bounties since inception in December 2020
The New Galaxy to Be Launched on the BSC Soon
26.10.2021
Celestial has decided to open up the new galaxy, the Beta Version of the Binance Smart Chain, in October 2021. Players are excited to see this new experience this new celestial universe. The Celestial Interstellar Resolution Court has decided that all of the respective fee income generated through...
Solana reclaims $200 — 3 reasons why SOL price is up 35% in seven days
25.10.2021
SOL price continues to climb with Solana's TVL also hitting a new high of nearly $14 billion
DeFi Adoption About to Get a Major Boost with the Upcoming cBridge 2.0
25.10.2021
Decentralized finance (DeFi) has made big strides in the last couple of years. The total value locked in DeFi protocols has crossed $100 billion, standing at $103.3 billion at the time of this writing. For the uninitiated, DeFi projects aim to offer the same services as traditional finance,...
Why now? SEC took eight years to authorize a Bitcoin ETF in the US
25.10.2021
The SEC has been holding steady for years, but the real-world dynamics of crypto adoption and maturation rendered an ETF approval all but inevitable
CardStarter Introduces Everlens for Instagram
25.10.2021
The IDO for Everlens, the first NFT platform designed for Instagram, will be launched by CardStarter. CardStarter is the world’s top incubator and insurance program for Cardano companies. Instagram is now a centralized platform allowing individuals to upload their content while Facebook,...
Even with Ethereum 2.0 underway, L2 scaling is still key to DeFi’s future
23.10.2021
By incorporating scaling solutions, such as rollups and sidechains, Ethereum has the potential to implement the true vision of DeFi
Which blockchain is the most decentralized? Experts answer
23.10.2021
Here’s what emerging tech representatives think about the decentralized nature of blockchain technology and which network is the most decentralized
Polygon pays $2M bounty on bug which could have compromised $850M in user funds
22.10.2021
The white hat hacker speculated that the bug might have been created from "using someone else’s code and not having a 100% understanding of what it does."
Terra Enables IBC to Improve Trading on Cosmos DEXs
22.10.2021
Terra has introduced its indigenous token LUNA and the widely accepted stablecoin USDTerra (UST) to the integrated ecosystem by joining the Cosmos-enabled chain. The Cosmos network ends up with more than $18 billion of digital assets in liquidity with this Terra entry. With this, the imminent...
Proximity Labs Announces $350M DAO for DeFi on NEAR
22.10.2021
The DeFi sector recently received a huge boost with Proximity Labs’ latest announcement. The research and development venture announced the release of a 350 million dollar DAO targeting the NEAR network. Proximity Labs will grant the DAO to projects, individuals, and organizations developing DeFi...
Ethereum Jumps 21% Higher This Week, Second Largest Crypto Market Nears All-Time High
21.10.2021
After bitcoin reached its all-time high (ATH) on Wednesday, the second-largest crypto asset in terms of market capitalization, ethereum, is nearing its own ATH. The last time the crypto asset hit an ATH was five months ago on May 12. Ethereum Climbs 46% in 30 Days, Commands Half Trillion Market...
DeFi Crosses $100 Billion Mark as Cryptos Surged
21.10.2021
DeFi recently surpassed the $100 billion mark. According to data provided by DeFi Pulse, Bitcoin’s historic rise helped lift the asset value utilized in decentralized financing beyond 100 billion dollars for the very first time. The figure was calculated by multiplying the balance of Ethereum...
Ethereum nears its own all-time high as ETH price retakes $4K
20.10.2021
The 30-day correlation between Ether and Bitcoin remains at 0.81 above zero