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WUSD: The Next Generation Stablecoin for DeFi
7.9.2021
PRESS RELEASE. Within the DeFi space, Wault Finance has demonstrated its revolutionary nature by developing multiple innovative products. The protocol is one of the fastest growing projects in the DeFi sector, providing users a variety of yield farming and staking opportunities. Now, Wault intends...
Injective Protocol Becomes Part Of Galaxy Ecosystem
7.9.2021
On Tuesday, Injective Protocol became part of the free Galaxy ecosystem with the objective of providing the users in the community a no-holds-barred financial future. Project Galaxy is steered by a licensed-based NFT structure and is now inducting the Fast Track of Injective to the Crypto...
One Ecosystem Collaborates With POKTnetwork for Decentralizing Harmony Protocol
7.9.2021
One Ecosystem has come up with something exciting for the users. According to the latest tweet, it is partnering with the POKTnetwork. Reportedly, POKTnetwork has rapidly covered the decentralization of the Harmony protocol. One Ecosystem proposes to move Harmony’s RPC traffic to POKTnetwork’s...
ETH 2.0 Contract Exceeds 7.4 Million Ether, Close to $30 Billion Locked, Liquid Staking Pools Grow
6.9.2021
The Ethereum 2.0 contract now has more than 7.4 million ether worth over $29.3 billion using today’s ether exchange rates. According to statistics, the smart contract address is the largest holder of ethereum out of all the wallets in existence. Ethereum 2.0 Contract Nears $30 Billion In...
Ruler and Cover DeFi protocol closes down amid mass developer exit
6.9.2021
DeFi insurance protocol Ruler and Cover pledged to share the remaining treasury funds to token holders
Italian Soccer Champion Inter Secures $100 Million Crypto Partnership Deal
4.9.2021
Inter Milan, Italy’s reigning soccer champion, has signed a partnership agreement with blockchain company Zytara Labs. The collaboration aims to provide users of the club’s mobile app with access to crypto products and allow Inter to create digital collectibles for fans around...
SEC Allegedly Probes Operators Behind World’s Largest Decentralized Exchange, Uniswap: Report
3.9.2021
According to a recent report, the U.S. Securities and Exchange Commission (SEC) has allegedly started probing the startup that operates the decentralized exchange (dex) Uniswap. The dex platform Uniswap is the largest dex in terms of trade volume with over $10 billion in crypto tokens swapped...
Cream Finance to repay stolen Ether and Amp via protocol fees
1.9.2021
Cream Finance has identified the AMP integration error that caused a nearly $19 million loss for the protocol and aims to pay users back
Bitpay Implements 1inch Network Support — Wallet Users Can Access Defi, Dex Aggregation
1.9.2021
On August 31, the Atlanta-based cryptocurrency payments services provider Bitpay announced that the Bitpay wallet has integrated the decentralized exchange (dex) aggregator 1inch Network. Bitpay wallet users can utilize 1inch protocol to swap ether or the myriad of ERC20 tokens. The Bitpay Wallet...
Defi Platform Cream Finance Hacked, $29 Million Lost
31.8.2021
Cream finance, a defi borrowing and lending protocol, has been the victim of a hack that erased more than $29 million from its vaults. The attacker took advantage of a loophole in the implementation for adding the amp token to the protocol. This is the second time the platform has been involved...
BCH Defi Project Detoken to Close Its Doors Over Regulatory Climate Toward Crypto Derivatives
30.8.2021
On August 28, the Bitcoin Cash-based decentralized finance (defi) platform Detoken announced the project is closing its doors on September 4, 2021. The project’s founder, Semyon Germanovich, explained that the main reason for shutting the defi project down is because of the “changing...
ABEYCHAIN Launches Decentralized Exchange XSWAP
25.8.2021
ABEY Foundation, the organization that oversees the activities of multi-layer blockchain protocol ABEYCHAIN has revealed the launch of XSWAP: its native decentralized exchange. This development is expected to herald the beginning of innovations with the ABEYCHAIN DeFi ecosystem. XSWAP: Built...
XMR Developer Announces Bitcoin to Monero Atomic Swap Capabilities
25.8.2021
For quite some time, trustless, cross-chain trades called atomic swaps have been a holy grail of sorts and a number of blockchain developers have worked on making them a reality. According to the developers from the Monero project, atomic swaps between bitcoin and monero are now accessible via...
GeFi Your Life with The GeFi Protocol!
24.8.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
GeFi consists of 2 important ecosystems which integrate a lucrative finance vault with a unique NFT gamification equipped with an extensive marketplace making it one of the most exclusive DeFi projects to look...
DeFi protocol BENQI hits $1B TVL days after launching
23.8.2021
Total value locked across DeFi is fast approaching record highs again, suggesting that crypto is in the second leg of its bull market
Secret Network Implements Band Protocol to Empower DeFi Apps
20.8.2021
In an important development, Secret Network has announced the completion of the implementation of Band Protocol to empower its network with decentralized oracle solutions related to data. Given the comprehensive coverage of Band Protocol that supports access to more than 175 feeds, developers...
The HUMAN App Delivers Real-World Utility to HMT and the HUMAN Ecosystem
18.8.2021
HUMAN Protocol has launched on the Ethereum Mainnet. To complement this launch – which also involved the listing of HMT (the native token of HUMAN Protocol) on FTX and Gate.io on the 10th of August – the HUMAN Protocol Foundation has now released the HUMAN App: the first opportunity...
An In Depth Look at Bitcoin’s First Chain Split: Satoshi Helps Reverse the Creation of 184 Billion BTC
15.8.2021
Since January 3, 2009, the Bitcoin network has been functional for 99.98662952015% of the time. However, the protocol has had a few hiccups along the way and on a few occasions, the chain split into two. Most people are well aware of the Bitcoin Cash split that took place on August 1, 2017, but...
Web3 Advertising Protocol Parami Seals 3M USD To Boost User Privacy
14.8.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Beijing, China, 13th August, 2021,
Web 3 Advertising protocol, Parami Protocol successfully completed a 3 million USD funding round to boost the privacy of data on blockchains and Web 3.0 applications....
Forward Protocol Joins Reef Chain via Reef Finance
12.8.2021
On August 11, Reef Finance welcomed Forward Protocol on the Reef blockchain network’s ecosystem. Forward Protocol is renowned for its unorthodox methods, which seek to augment the quality of learning. Their USP is a decentralized and self-reliant network. They will grant the international...