Search
UNI, SUSHI, MKR, Defi Tokens See 24 Hour Double-Digit Gains, Defi TVL Jumps 6% in 2 Weeks
26.9.2021
While a number of popular crypto-assets like bitcoin have been consolidating, decentralized finance (defi) tokens have captured significant gains during the last 24 hours. A few defi crypto assets have seen double-digit gains and the leader of the pack is Uniswap which has jumped 20.9% in the last...
USDC Market Capitalization Hits $30 Billion — Stablecoin Adds $10 Billion in 4 Months
25.9.2021
As of September 25, 2021, there’s $129.3 billion worth of stablecoin assets in existence which represents 6.54% of the crypto economy. The second-largest stablecoin by market valuation, USDC, has seen its capitalization increase a great deal, rising more than $10 billion in 125 days. Since...
Umbrella Network to Acquire Lucidity
24.9.2021
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...
Acting OCC head warns that ‘fools gold’ in DeFi reminds him of lead-up to GFC
24.9.2021
While crypto has been mostly weathered past hacks, scams, and crashes, acting OCC head Michael Hsu warns the risks may be multiplying as the technology goes mainstream
Staking on Ethereum 2.0, explained
23.9.2021
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
23.9.2021
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
23.9.2021
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...
Solana-Powered Defi Platform Orca Raises $18 Million — AMM Commands Over $300 Million TVL
23.9.2021
The decentralized exchange (dex) platform Orca has announced the platform has raised $18 million in a Series A financing round with Polychain, Placeholder, and Three Arrows co-leading the funding. The dex platform is a Solana-based project that aims to be the “go-to swap” platform...
Wallstreetbets Founder Jaime Rogozinski and Wsbdapp Project Launch 15,000 Generative NFTs
22.9.2021
On September 22, the team behind the Wallstreetbets defi application called Wsbdapp announced the launch of a non-fungible token (NFT) collection featuring 15,000 generative NFTs. According to the team, the NFTs provide utility like VIP access to special metaverse events and yield farming boosts....
SundaeSwap Labs Raises $1.3 Million Seed Fund From CFund
22.9.2021
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
22.9.2021
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...
Avalanche Defi Platform Vee Finance Attacked — $35 Million in ETH, BTC Siphoned
21.9.2021
On September 21, 2021, an Avalanche-based decentralized finance (defi) platform Vee Finance announced that it suffered from an incident that siphoned 8,804 ether and 213 bitcoin out of the system. The team has suspended the defi platform contracts and stressed that the stablecoins have not been...
DeFi platform Vee Finance exploited for $35M on Avalanche blockchain
21.9.2021
Vee Finance says it suffered a $35 million attack just a few days after launching the mainnet on Avalanche last week
ShoeFy Secures $1.75m in Seed & Private Round 1
21.9.2021
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...
Senator Warren’s office confuses MakerDAO for failed 2016 project The DAO
21.9.2021
Elizabeth Warren’s office has allegedly confused top 10 DeFi protocol MakerDAO with an early experiment in decentralized autonomous organizations that failed in 2016
Ethereum forming a double top? ETH price loses 12.5% amid Evergrande contagion fears
20.9.2021
The pattern's neckline support near $1,984 emerges as Ethereum's downside target
Cryptocurrency Is Picking up Steam in Small Cities in India: Report
20.9.2021
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...
Latest DeFi hack targeting BSC sees $12.7M in Bitcoin stolen from pNetwork
20.9.2021
Roughly $12.7 million worth of tokenized Bitcoin has been stolen from the BSC-based cross-chain composability platform pNetwork
Cross-Chain Bridges That Connect 5 Different Blockchains to Ethereum
20.9.2021
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...
Wormhole Network Launches Ethereum Solana Bridge, Solana AMM Saber Surpasses $4 Billion TVL
19.9.2021
On September 17, 2021, Solana protocol fans were introduced to the launch of the Wormhole Network’s ethereum – solana bridge, which means assets between each chain can be intermingled. The launch announcement notes that Saber, the Solana-fueled protocol with more than $4 billion...