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Umbrella Network to Acquire Lucidity


Umbrella Network is ready to undertake the acquisition of Lucidity, well-known blockchain analytics and advertising platform. Completing this purchase will make the Umbrella Network the highest transaction volume oracle globally. The platform possesses a unique design that conducts data...

Staking on Ethereum 2.0, explained


The upgrade to Ethereum 2.0 comes with many changes, including the migration to the proof-of-stake consensus algorithm, believed to make the network more secure and compensate participants accordingly

World’s First DeFi Decentralized Casino Platform From DefiXbet


Crypto casino is trending, thanks to the various cryptocurrencies available in the market. Gamblers fund casino games through cryptocurrencies like Bitcoin, Ethereum, Litecoin, etc. Cryptocurrency provides anonymity while giving control over the funds used.  Amidst the huge demand for gaming...

White Hat Hacker Reveals High-Risk Vulnerability on SushiSwap


A white-hat hacker recently took the DeFi sector by storm after allegedly speaking about high-risk vulnerabilities on SushiSwap. According to the anonymous hacker, the vulnerabilities can risk user funds worth billions of dollars. SushiSwap developers could not secretly fix the issue, resulting...

SundaeSwap Labs Raises $1.3 Million Seed Fund From CFund


SundaeSwap Labs, decentralized finance (DeFi) platform company, said today that it secured $1.3 million in a seed funding round by cFund, a Blockchain industry early-stage startup capital fund. SundaeSwap Labs is a software business working on a suite of tools that would enable Cryptocurrency...

Firebird Goes Live on Fantom


Firebird Finance is an emerging name in the DeFi sector, and the venture intends to grow even further. Firebird recently announced that the Firebird SwapV2 is live on Fantom. The integration allows Firebird users to access its solutions on Fantom as well. The announcement also stirred a positive...

ShoeFy Secures $1.75m in Seed & Private Round 1


The NFT platform, ShoeFy, has succeeded in raising $1.75 million in the first round of seed and private sales conducted by Oddinyana Ventures. The top investors who took part in round 1 of seed and private sale include BMW Capital, ChinaPolka, Ex Network Capital, DuckDao, Ragnar Digital Investment...

Cryptocurrency Is Picking up Steam in Small Cities in India: Report


Cryptocurrency usage and trading are experiencing a boom in India, and most of this growth is coming from small cities. According to reports from local exchanges, the growth has been exponential. The profile of these new participants has also been interesting, as they are highly educated, not only...

Cross-Chain Bridges That Connect 5 Different Blockchains to Ethereum


During the last few months, cross-chain bridge technology has grown a great deal and users can now swap assets between a myriad of networks. Today, between eight different bridges there’s $7.6 billion total-value locked across these platforms. Cross-Chain Bridges There’s a decent...

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