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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...
BENQI and Avalanche Launch $3M Liquidity Mining Initiative to Accelerate DeFi Growth
11.8.2021
PRESS RELEASE. BENQI, an algorithmic liquidity market protocol, and the Avalanche Foundation are collaborating on a joint liquidity mining program to celebrate the launch of the BENQI protocol on the 19th of August and the next phase of growth within Avalanche’s DeFi ecosystem. $3MM of AVAX...
Status plans to incentivize node operators for decentralized messaging protocol
10.8.2021
According to the project, one of the pushes for its development was Ethereum co-founder Vitalik Buterin recently encouraging developers to consider non-financial applications for DeFi
Human Protocol Joins Hands With Elrond Blockchain Network
10.8.2021
The Revolutionary Human Protocol is completely changing the interaction between humans and machines. The Protocol is specifically engaged in designing and conceptualizing new-age artificial intelligence (AI) capabilities through raw data annotation of humans. It is based on the labor marketplace...
EQIFI, First Decentralized Protocol Now Available on Bloomberg Terminal
9.8.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
British Virgin Islands, Aug. 9, 2021 — EQIFI, a regulated and licensed decentralized protocol for pooled lending, borrowing and investing Ethereum-based cryptocurrencies, stablecoins and select fiat...
Port Finance to List on AscendEX
8.8.2021
PRESS RELEASE. AscendEX, a global cryptocurrency financial platform with a comprehensive product suite, is excited to announce the Port Finance token (PORT) under the pair USDT/PORT on Aug 9 at 2 p.m. UTC. Port Finance is a money-market, non-custodial liquidity protocol on Solana. They aim...
Tokenized Bitcoin on Ethereum Crosses $11 Billion Notional, WBTC Commands 76% of Circulating Supply
8.8.2021
According to data on August 7, there’s 253,510 bitcoin-pegged or wrapped tokens worth more than $11 billion in value on the Ethereum blockchain. Out of the seven different bitcoin-pegged projects, the Wrapped Bitcoin protocol has 194,023 bitcoin-pegged ERC20 tokens in circulation. Over 250K...
Ethereum’s Vitalik Buterin Says EIP 1559 ‘Most Important Part of London,’ Network Is Burning $16K in ETH per Minute
6.8.2021
The Ethereum blockchain has completed the highly anticipated London upgrade on Thursday and ether fans have been discussing the protocol’s burn rate with great fervor following the fork. 5.9 Ether Is Burned Every Minute, Vitalik Buterin ‘Confident’ About the future after London...
EQIFI Launches Suite of Decentralized Financial Products Powered by a Global, Licensed Bank
6.8.2021
PRESS RELEASE. British Virgin Islands — 6th August, 2021 — EQIFI, a decentralized protocol for pooled lending, borrowing and investing Ethereum-based cryptocurrencies, stablecoins, and select fiat currencies, has today launched its DeFi platform, including newly introduced fixed-...
Solv Protocol Introduces BSC Functionalities on Seahorse
6.8.2021
In the means of developing into a high-level platform, Solv Vouchers triumphantly introduces the crypto functionalities of smart contracts. This enhancement is done through the employment of Binance Smart Chain’s crypto initiatives. This crypto network association permits BSC schemes to authorize...
‘A Lazy Way to Showcase NFTs’ — Mark Cuban’s Lazy.com NFT Platform Integrates With Polygon
5.8.2021
On Thursday, the non-fungible token (NFT) platform and digital art gallery backed by Mark Cuban announced the project has integrated with Polygon. The platform allows anyone to showcase NFTs by leveraging a unique lazy URL to social media profiles, and the integration announcement highlights...
Bitcoinsv Chain Suffers 51% Attack: Analyst Claims BSV Network Experienced a 100-Block Reorg
4.8.2021
Reports show that the Bitcoinsv blockchain suffered from a 51% attack on Tuesday, August 3, 2021, as the founder of Blockchair, Nikita Zhavoronkov explained the network endured a 100 block reorg “wiping out 570k transactions.” Onchain Observers Witness a Deep Bitcoinsv Reorg...
Selling Lord Kek Dust — 2016 Rare Pepe NFTs See Fresh Demand Going for Thousands on Opensea
3.8.2021
During the first half of the year, non-fungible token (NFT) sales surged to $2.5 billion in 2021, and trade volume shows the trend hasn’t slowed down. For instance, July saw a record $363 million spent on approximately 157,801 NFT sales. Meanwhile, as new NFTs enter the space every day, older...
Anchor Protocol Ventures a Partnership With Lido Finance
3.8.2021
Anchor has once again announced the partnership with Lido. The arrangement will be showcasing the launch of bETH (Wrapped stETH and bonded Ethereum on Terra). They have proposed bETH and stETH as an option for collateral on Anchor Protocol. The collateral will bring staking rewards outside...
dYdX Protocol Partners With Hummingbot
2.8.2021
The platform of dYdX has entered into a partnership with Hummingbot to launch the much-awaited bounty hunt program. The Ethereum-based protocol for derivatives and short selling, dYdX, has joined hands with Hummingbot to distribute prizes worth $15,000 among the community members, creative hackers...