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VC Backed Billion-Dollar Stablecoin Project Fei Protocol Falls Below the USD Peg
8.4.2021
The new decentralized finance (defi) stablecoin project called Fei had some issues this week after the 1:1 USD pegged token dropped well below its targeted $1 value. The Fei project was supposed to be similar to Maker DAO’s algorithmic DAI stablecoin and it was backed by major venture capital...
Fei Protocol struggles with a bug as holders are mostly unable to sell the token
7.4.2021
A vulnerability patch left the protocol with only partial functionality, but the price is still holding
Oracle Projects Surge in Value: Weekly Stats Show LINK, Band, DIA, API3 Captured 2-Digit Gains
5.4.2021
Following the boom of non-fungible tokens (NFT) tied to NFT marketplaces and tools, oracle-based tokens are now seeing their valuations rise. During the last seven days, a number of oracle tokens have seen steep gains between 7% to even 45%. Oracles Token Projects See Seven Day Gains Jump Not...
Fei Protocol genesis locks up $1 billion in ETH, but LPs could face losses
5.4.2021
Despite attracting more than $1 billion, Fei protocol’s genesis event hasn’t been entirely smooth sailing — with LPs facing losses if they withdraw soon
Return of the oracles: Band Protocol, API3 and DIA price soar to new highs
3.4.2021
Oracle tokens gain traction as cross-chain interoperability and new developments in the DeFi sector lure investors away from Bitcoin and NFTs
DSLA Protocol Launches v1.0 Mainnet
3.4.2021
PRESS RELEASE. DSLA Protocol has released the first version of its Decentralized Service Level Agreements (SLA) protocol on the Ethereum L1 blockchain. Layer 2 deployments on Harmony and Avalanche are also coming in the near future, following the results of ongoing audits. Created by Stacktical...
Orbs Introduces Single-Sided Liquidity Farming to Optimize Defi Returns
3.4.2021
Public blockchain infrastructure provider Orbs is delivering a next-generation liquidity solution designed to encourage greater defi participation by separating stablecoin pooling from cryptocurrency pooling. Liquidity Nexus Protocol Aims to Forge Better Connections Between Defi and Cefi...
New Suez Protocol to Incentivize Canal Dredging, Offer Digital Collectibles, and Split Toll Proceeds
1.4.2021
In its latest salvo to fix the world’s most concerning problems, Kucoin is adding a brand new coin to its exchange platform. Designed to keep the world’s key waterway open and prevent future trade blockages, the innovative Suez Protocol will reward owners in smiles. Too soon? Determined...
PARSIQ’s IQ Protocol Launches, Powering the Tokenized-SaaS Ecosystem of the Future
31.3.2021
PRESS RELEASE. PARSIQ launches its highly anticipated IQ Protocol – the first risk-free collateral-less decentralized finance protocol built specifically for the Software-as-a-Service (SaaS) market. 31st March 2021, Tallinn, Estonia – PARSIQ has launched their revolutionary IQ Protocol...
Kava launches Hard V2 to become first full lending protocol in the Cosmos ecosystem
31.3.2021
Shortly after the launch of Stargate, Cosmos ecosystem chains are entering the DeFi arena
New partnerships send Holo (HOT), Wanchain (WAN) and Origin Protocol (OGN) higher
30.3.2021
Surprise NFT drops, new partnerships and sticking to the project development roadmap are the primary factors behind the rally in Holo, Origin Protocol and Wanchain
Degen Protocol (DGN) Gets Listed on Nomics
30.3.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
The crypto industry advancements have significantly speeded up, particularly over the last year. Adoption levels are massive, prices are skyrocketing, and the DeFi sector is currently back at its highest...
Pantera Capital backs Liquidity Protocol’s $6M Series A funding round
29.3.2021
Liquidity Protocol, which provides interest-free borrowing on the Ethereum network, plans to expand its ecosystem and hire more resources following the latest funding round
FOMO or fundamentals? Here’s why Orion Protocol (ORN) rallied by 730%
26.3.2021
Orion Protocol has rallied 730% since February to hit a $500 million market cap, but what’s really behind the recent gains?
Persistence Listing and Integration on AscendEX
26.3.2021
PRESS RELEASE. AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of Persistence tokens (XPRT) under the pair USDT/XPRT on Apr 1 at 9:00 a.m. EDT. There will be an auction on Mar 31 at 9:00 a.m. EDT....
Stratis’ InterFlux Protocol Adds Support for Ethereum, Hyperledger, DEXs & DeFi
26.3.2021
PRESS RELEASE. Blockchain as a Service (BaaS) platform Stratis’ support to private and public blockchain solutions, Ethereum and Hyperledger, opens the ecosystem to mainstream adoption by businesses. London, United Kingdom – Stratis is developed to help make blockchain services...
Tidal to Launch Balancer LBP Following 500x Oversubscribed Polkastarter IDO
26.3.2021
PRESS RELEASE. Tidal Finance, a high-yield insurance platform, offers the ability to hedge against the failure of a DeFi protocol or asset. While reinventing the way decentralized insurance works, Tidal Finance plans to attract participation from the community through a Balancer liquidity...
FIO Protocol Marks First Year Anniversary
25.3.2021
PRESS RELEASE. The Foundation for Interwallet Operability (FIO) celebrates the first year anniversary since the community launched the mainnet of the open-source FIO protocol. With over one-hundred and fifty thousand users and some of the industry’s leading service providers such...
Decentralized Exchange Uniswap Reveals Protocol Version 3 With New Automated Elements
25.3.2021
Roughly 28 months ago, the decentralized exchange (dex) Uniswap version one (v1) was released and then in May 2020, version two was launched with new features. The dex is by far the largest decentralized trading platform among its competitors, as the exchange swapped $7.1 billion during the last...
Unmarshal Raises $2.6M USD From Industry Heavyweights to Build Multi-Chain Data Indexing Protocol
24.3.2021
PRESS RELEASE. Unmarshal is proud to announce that the seed and private sale funding rounds have been successfully closed with strong investment support from Industry bigwigs. A total of $2.6m was raised in the seed and private rounds. With the fresh capital introduced, Unmarshal will focus...