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Founder of Failed Crypto Exchange QuadrigaCX Starts DeFi Protocol UwU Lend
26.9.2022
Sifu, the pseudonymous co-founder of failed Canadian crypto exchange QuadrigaCX, has released UwU Lend, a decentralized finance (DeFi) protocol forked from Aave
Value Locked in Defi Drops to Lows Not Seen Since March, Ethereum Dominates TVL by 57%
24.9.2022
The state of decentralized finance (defi) in terms of total value locked (TVL) has been tumultuous, to say the least, and currently the TVL in defi today is approximately $54.95 billion. The TVL has not been this low in over five months since March 29, and the most dominant defi protocol today...
Tether Reveals USDT Stablecoin Is Now Supported by Polkadot
23.9.2022
Tether is now live on 15 different blockchain networks, according to the company’s latest announcement on Friday as the firm detailed that it is now supported by the Polkadot blockchain system. The stablecoin’s new support follows the token being added to the Near Protocol 11 days...
CFTC Penalizes Blockchain Protocol $250K, Files Action Against Successor DAO
23.9.2022
The commission said bZeroX offered illegal, off-exchange trading of digital assets, and has also filed a civil action against the Ooki DAO
FOREO’s Flagship Products Launch as NFTs Before Conventional Release, Paving the Way for Skincare Innovation
22.9.2022
PRESS RELEASE. Stockholm, September 22nd: As the world moves into more digital environments, Swedish beauty-tech giant FOREO has taken the initiative to bring a whole new product to audiences everywhere – the beauty NFT. Blockchain technology has allowed FOREO to challenge traditional...
Cryptography Network Lit Protocol Raises $13M to Bolster Web3 Autonomy and Interoperability
22.9.2022
The Series A round is being led by crypto investment firm 1kx
GEM Digital commits $50M to ParallelChain Lab for L1 protocol development
22.9.2022
As a proof-of-stake layer-1 protocol, ParallelChain intends to deliver an architecture that operates in confidentiality while allowing to validate transactions
OpenSea implements a new protocol that ranks NFT rarity
22.9.2022
The OpenRarity project was a collaborative project between various NFT community entities, including Curio, icy.tools, OpenSea and Proof
Crypto Exchange Kraken Backs Enterprise-Grade Liquid Staking Protocol
21.9.2022
On Tuesday, the liquid staking firm Alluvial revealed a consortium of organizations will collaborate on the “first enterprise-grade multi-chain liquid staking protocol.” Alluvial’s announcement detailed the protocol will be known as the “Liquid Collective” and...
World’s Largest NFT Marketplace Opensea Reveals Drop Improvements, Arbitrum L2 Support
21.9.2022
The largest non-fungible token (NFT) marketplace by sales volume, Opensea, has announced a new “immersive and secure minting experience” by giving NFT creators the ability to showcase “collections with dedicated drop pages and greater discoverability” on Opensea’s...
Decentralized Finance Protocol Coin98 Unveils Native Stablecoin CUSD
21.9.2022
DeFi platforms race to craft their own stablecoins to attract users and boost growth, including Curve and Aave
Privacy-Focused Social Network MeWe Ties Into Blockchain-Powered Protocol
20.9.2022
Using Project Liberty's protocol will make MeWe the largest decentralized social media platform
Menthol Protocol Announces Partnership With LandX Finance
19.9.2022
Menthol Protocol is extremely pleased and takes great pride in announcing their partnership with LandX Finance, in the form of a real win-win situation partnership, to continue on the path of their combined vision and breathe life into it. This will enable them to push successfully ahead with their...
Vietnam Crypto Miners Complain About Losses From Ethereum’s Merge
19.9.2022
Miners in Vietnam have expressed grievances over the loss of business following Ethereum’s transition to a consensus mechanism that does not require the energy-intensive computing they were providing. Many are in trouble, local media reported, quoting entrepreneurs and mining enthusiasts....
Stablecoin Economy Growth Stagnates for 73 Days, USDC Market Cap Slides 5% Lower
18.9.2022
Since the Terra stablecoin fiasco in May, the top stablecoins by market capitalization dropped 10.66% from ​​$171.37 billion to today’s $153.09 billion. During the last two months, the top stablecoins by market capitalization have seen little growth remaining at $153 billion...
Blockchain Tool Developer Infura Plans to Launch Decentralized Protocol
16.9.2022
The controversial tool, which easily connects dApps to the Ethereum blockchain, will begin an open-source initiative to decentralize its products
DeFi Privacy Protocol Railgun Launches Protected Mobile Wallet App
16.9.2022
Railway Wallet is the first zero-knowledge DeFi mobile wallet to operate directly on chain
Ethereum Blockchain Migrates to Proof of Stake After Completion of The Merge
15.9.2022
The Ethereum blockchain officially migrated to the proof-of-stake (PoS) consensus mechanism as the anticipated “Merge” finally occurred around block height 15537391 on September 15. The protocol’s co-founder Vitalik Buterin has described The Merge as “a big moment...
Near Protocol Supports Tether USDT, Stablecoin Is Now Hosted on 14 Blockchain Networks
12.9.2022
On Monday, the stablecoin issuer Tether Operations Limited announced that the stablecoin tether is now supported by the Near blockchain network. Following a number of recent implementations, Near will be the 14th blockchain network that hosts the largest stablecoin by market capitalization. Tether...
More resilient and user-controlled than the AWS: Colin Evran's vision for Filecoin
12.9.2022
“Filecoin is more than just storage, one can think of it as an Airbnb for cloud services."