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ADALend Is Building a Cardano Native, Scalable and Decentralized Lending Protocol
13.9.2021
ADAlend.finance , a protocol that is bringing decentralized lending to the Cardano blockchain, has just sold out its private sale in less than one hour. Seven private angel investors have purchased the entire seed allocation of 1.8 Million Cardano native ADAL tokens for $540,000. Seed round...
Arbitrum Surpasses $1.5 Billion in TVL Following Rumors of a Possible Token Airdrop
12.9.2021
Arbitrum, a second layer expansion rollup for Ethereum, has breached the $1.5 billion of total value locked (TVL) in protocols using its services. The smart contract recorded an influx of more than 1 billion just today after a rumor started in social media that the protocol might be planning...
Stanford researcher-led Pledge raises $3M for decentralized lending protocol
11.9.2021
Researchers from Stanford University and U.C. Berkeley contributed to the development of the crypto-asset lending platform
Energy Web and Protocol Labs to Decarbonize Filecoin
10.9.2021
Energy Web and Protocol Labs finally made the announcement, showcasing the adoption of open-source solutions by cryptocurrency miners in a bid to harness decentralized renewable sources of energy according to Filecoin predictions reports. Six providers of Filecoin storage bought authenticated...
Dydx Protocol Unlocks Airdrop Rewards; Users Get up to $50K
9.9.2021
Dydx, a decentralized exchange, finally unlocked its airdrop rewards for users. Its governance token, dydx, was locked due to airdrop restrictions since the protocol announced its distribution on August 3rd. Since its release the price has skyrocketed, giving some of the more active users on...
Balancer Protocol Reveals Partnership With Wallstreetbets Defi Project Wsbdapp
9.9.2021
On Wednesday, the programmable liquidity platform Balancer Protocol announced the project has partnered with the Wallstreetbets defi project Wsbdapp. The announcement details that the two projects will collaborate in order to launch Wsbdapp’s exchange-traded portfolios (ETPs) on Balancer...
TimeCoin(TMCN) Is Planning to Offer an Innovative DeFi System Called Creator Sponsor Staking
9.9.2021
PRESS RELEASE. TimeCoinProtocol is a decentralized sharing economy protocol which aims to optimize world resource usage. Various applications can be built and run on the TimeCoinProtocol including third party applications. The project puts a strong focus on the Gig Economy and Creator Economy....
Near Protocol, Algorand and PowerPool rebound while Bitcoin consolidates
8.9.2021
NEAR, ALGO and CVP notched gains in excess of 37% while the wider market attempts to recover from Tuesday’s sharp correction
Meet the First BCH Dex Built on Smartbch — Benswap.cash Presents High-Yield Liquidity Pools, Noncustodial Swaps
8.9.2021
Decentralized finance (defi) has set a trend during the latter half of 2020 and into this year, as statistics show $168 billion is locked in defi across various blockchains. The Bitcoin Cash network now has the Smartbch protocol and in recent times, a decentralized exchange (dex) platform...
SubQuery raises $9M for Polkadot data protocol
8.9.2021
Blockchain venture capitalists continue to fund Polkadot projects with growing conviction. SubQuery aims to bring data indexing infrastructure to the network
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...