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Multichain DEXs are on the rise with new protocols enabling them
11.2.2023
A new set of decentralized exchanges can enable multichain trading and margin trading for users
Aave Launches Stablecoin GHO on Ethereum Goerli Testnet with Open Source Codebase and Audits
9.2.2023
Aave Companies, the firm behind the decentralized finance (defi) project Aave, has announced the launch of a stablecoin called GHO on the Ethereum testnet network Goerli. The codebase is available on Github and has undergone audits by Open Zeppelin, Sigmaprime and ABDK. Aave Invites Programmers...
Coinbase CEO Brian Armstrong Expresses Concern Over Rumors of SEC Ban on Crypto Staking for Retail Customers
9.2.2023
Brian Armstrong, CEO of Coinbase, expressed concern about rumors that the U.S. Securities and Exchange Commission (SEC) may eliminate cryptocurrency staking for retail customers in the United States. Armstrong insisted that “staking is not a security” and that the trend allows users...
Bank of America: Innovation to Expand Decentralized Finance Functionality Over Time
9.2.2023
Developer activity and adoption is the key to success, the report said
What is decentralized storage, and how does it work?
9.2.2023
Explore the concept of decentralized storage in this informative guide. Learn about the functioning and advantages of a decentralized storage network
Contentious Uniswap Vote Highlights the Opaqueness of Decentralized Governance
8.2.2023
A16z didn’t quash a proposal to launch Uniswap onto Binance’s BNB Chain, but that doesn’t mean it couldn’t have
Avalanche (AVAX) price is up, but do fundamentals support the rally?
7.2.2023
AVAX price has been in a strong rally since the start of 2023, but a sustained uptick in its DeFi components is needed in order to sustain the current bullish momentum
LBank Exchange Will List Fief (FIEF) on February 8, 2023
7.2.2023
PRESS RELEASE. INTERNET CITY, DUBAI, Feb. 7, 2023 – LBank Exchange, a global digital asset trading platform, will list Fief (FIEF) on February 8, 2023. For all users of LBank Exchange, the FIEF/USDT trading pair will be officially available for trading at 6:00 UTC on February 8, 2023. Fief...
Dell Joins Hedera Governing Council to Explore Developing Decentralized Applications
7.2.2023
The council that runs the Hedera public ledger now has up to 39 members, each of which run a node on the network. Other members include Google, IBM Deutsche Telekom, Boeing, DBS and Nomura Holdings
Ethereum Liquid Staking Trend Continues to Swell; 5 Platforms Control 97% of Market
7.2.2023
As of Feb. 7, 2023, the value locked in 11 Ethereum-based liquid staking protocols has risen above $11 billion, with Lido, Coinbase, and Rocket Pool recording 4-10% gains over the past month. Lido holds more than 73% of the total value locked (TVL) out of the 6.87 million ether held by the...
Crypto exchanges tackle insider trading after recent convictions
7.2.2023
The first-ever case of crypto insider trading highlights the need for reforms from exchanges to keep track of their employee’s trade activities
Decentralized Identity Network Space ID Raises $10M
7.2.2023
The round was led by crypto investment firms Polychain Capital and dao5
'Decentralized Infura' may help prevent Ethereum app crashes: Interview
6.2.2023
The initial “Dfura” marketplace, which is currently in development, is expected to include up to 10 Web3 data providers
Decentralized Lending Protocol Clearpool to Start Institutional Borrowing Platform
6.2.2023
Clearpool Prime is set to begin operations in the first quarter of this year
What are decentralized social networks?
6.2.2023
Explaining Web3 social networks — their benefits, challenges and how they work
Hackers Stole $3.8 Billion From Crypto Firms in 2022, Says Chainalysis
4.2.2023
Blockchain analytics firm Chainalysis says 2022 was “the biggest year ever for crypto hacking,” with $3.8 billion stolen from cryptocurrency businesses. The firm added that decentralized finance (defi) protocol hacks accounted for 82.1% of all cryptocurrency stolen by hackers during...
Decentralized Lending Protocol Centrifuge Accrues $6M Unpaid Debt
3.2.2023
Fintech investment firm 1754 Finance, the originator of the debt pool with the most distressed loans, said it is liquidating the assets off-chain and negotiating with borrowers for repayments
Sberbank Set to Launch Decentralized Finance Platform Based on Ethereum
3.2.2023
A recent report details that Russia’s largest financial institution, Sberbank, plans to launch a decentralized finance (defi) platform in May. Konstantin Klimenko, product director of Sberbank’s blockchain laboratory, said that open testing will begin in March. Sberbank’s Defi...
Ethereum Network’s Rising Gas Fees in 2023: A Balancing Act of Growth and Cost
3.2.2023
Ethereum gas fees have increased 13.71% in the last two weeks, with the average fee rising from $4.52 per transaction to $5.14 per transfer on Feb. 3, 2023. Despite ethereum’s price seeing significant growth this year, its network’s gas fees have also seen a similar increase. As...
A New Approach to DeFI – KyotoSwap․io
3.2.2023
PRESS RELEASE. KyotoSwap.io is the first decentralized exchange (DEX) on Binance Smart Chain that allows anybody to create a verifiable positive impact at little to no cost. As a result, decentralized finance (DeFi) users can passively contribute towards fighting climate change. The first...