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ClayStack raises $5.2M for liquid staking protocol
13.7.2021
“We believe ClayStack has developed an efficient solution that addresses the shortcomings of present-day liquid staking protocols,” said CoinFund Founder and CEO Jake Brukhman. CoinFund was among several blockchain venture firms to participate in the raise
Hop Protocol launches USDC bridge between Ethereum, Polygon, and xDai
13.7.2021
Hop plans to roll out support for additional crypto assets and layer-two networks in the coming weeks
Panther Protocol and StackOS Partner to Bring Privacy to DeFi and NFTs
12.7.2021
PRESS RELEASE. Panther Protocol has joined forces with StackOS, a decentralized cloud protocol, to deliver privacy and data protection tools. As a meta-protocol focused on end-to-end privacy for any digital asset, Panther is of great interest to virtually all DeFi users looking to benefit from...
Balancer Protocol Releases Stable Pools
9.7.2021
Balancer made the exciting announcement of launching stable pools at Balancer V2 soon after the Element.fi pools’ release making Balancer the foremost AMM in the Blockchain universe with three types of pools. As of today, Balancer is associated with weighted pools, Element pools, and stable pools....
Shibaswap Dex Captures $1.5 Billion Locked in 2 Days, SHIB Platform Bumps ETH Fees Higher
8.7.2021
The crypto asset shiba inu (SHIB) now has a decentralized exchange (dex) platform called Shibaswap and since the trading protocol’s launch, the dex has $1.55 billion total value locked (TVL). The SHIB-fueled dex has a lot more liquidity than most platforms today as Shibaswap has been catching...
Bitcoin Taproot Support Lags at 27% — Even Though Soft Fork Is Opt-in Supporters Beg Nodes to Update
6.7.2021
On June 12, the crypto community celebrated the fact that the Bitcoin network locked in Taproot support in order to activate the largest upgrade the protocol has seen in four years. 24 days later, Taproot support via Bitcoin nodes has only reached 27.55% and upgrade supporters are pleading with...
STASIS and Free TON DeFi Alliance Partners to Boost the Development of Free TON DeFi Ecosystem
6.7.2021
Free TON, a decentralized proof of stake blockchain powered by its community and STASIS, a EU compliant EURS stablecoin project, partnered to make DeFi more functional and affordable for everyone. The STASIS team will be deploying their protocol to the Free TON ecosystem, so that their stablecoin...
Unilend Protocol Is Going Permissionless July 6 Onwards
5.7.2021
The brain behind UniLend had a vision of unveiling the potential behind decentralized finance before starting the company. Until now, UniLend has launched flash and lending loans products on Polygon Chain and Ethereum. They have been living here for three months and have not experienced...
EY Releases Nightfall 3 — Protocol Aims to Bolster Private and Affordable Ethereum Transfers
5.7.2021
EY, the multinational professional services network commonly known as Ernst & Young, has announced the company has contributed a set of tools for privately managing transactions on the Ethereum network. EY’s global media relations executive Joanna Hardy explained on Thursday how...
AscendEX Lists Radix – a DeFi Protocol With Developer Incentives
4.7.2021
PRESS RELEASE. AscendEX (formerly BitMax), a global cryptocurrency financial platform with a comprehensive product suite, is thrilled to announce the listing of the Radix tokens (EXRD and XRD) under the pairs USDT/XRD and USDT/EXRD on June 29 at 1 p.m. UTC. Radix intends to remove the technology...
AscendEX Lists Radix, a DeFi Protocol with Developer Incentives
29.6.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
AscendEX (formerly BitMax), a global cryptocurrency financial platform with a comprehensive product suite, is thrilled to announce the listing of the Radix tokens (EXRD and XRD) under the pairs USDT/XRD...
DeFi Yield Protocol (DYP) Continues to Expand Its Ecosystem
29.6.2021
DeFi Yield Protocol has emerged as one of the fastest-growing crypto projects with an expanding ecosystem. DYP allows DeFi users to leverage advanced trading tools to earn yield on their assets while taking advantage of the unique DYP Tools decentralized application. DYP has attracted the attention...
Polygon-Based Defi Stablecoin Safedollar Plunges to Zero — Team Is Investigating Exploit
28.6.2021
The algorithmic decentralized finance (defi) stablecoin safedollar (SDO) has been attacked, according to statements published on its Telegram channel. The safedollar token did not remain stable following the attack, as the defi stablecoin’s price collapsed to zero. Safedollar Stablecoin Price...
Crypto Travel Rule Working Group Launches 2.0 Protocol ‘Solving the Discoverability Problem’
26.6.2021
Just before the Financial Action Task Force (FATF) published the organization’s 12-month review, a working group called the Travel Rule Protocol (TRP) released its 2.0 version of the TRP crypto application programming interface (API) in order to “simplify the end-user crypto exchange...
Rangers Protocol plans testnet launch for mid-July
24.6.2021
"It is time to show the world what we are made of," said Rangers Protocol co-founder Mary Ma
InsurAce Announces 1st DeFi Protocol to Be Released on BSC & ETH
21.6.2021
InsurAce has a market cap worth $20 million with 11 million INSUR tokens as circulating supply. InsurAce is about to launch the first DeFi insurance protocol, offering BSC and ETH to users, and promises to provide lower fees and more flexibility for its insurance clients. With the InsurAce app,...
Mirror Protocol silently rallies 30% overnight despite crypto market slump
17.6.2021
The decentralized finance protocol's native token MIR jumps over 30% overnight as traders' attention shifts to its protocol upgrade and Gemini listing
The Graph Foundation taps protocol infrastructure developer for $60M grant
17.6.2021
Protocol infrastructure company StreamingFast is the recipient of the full $60 million grant. It will work with The Graph to further develop its decentralized internet ambitions
DAO1 Hackthon Targets African Blockchain Devs
17.6.2021
As part of an initiative that seeks to build the crypto and blockchain space talent base, the Decentralized Autonomous Organization (DAO1), a community-led protocol, will be holding a major collaborative computer programming or a hackathon. Organizers are hoping this event will help to create...
Pandora Finance’s $2.4M raise helps spearhead open finance protocol
15.6.2021
“Adoption has never been affected and never been stopped. The right product always gets adopted irrespective of market conditions,” said Puskar Vohra, CEO of Pandora Protocol