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Perpetual Protocol emerges as sixth-largest DEX after just one month
20.1.2021
Despite executing 179,000 transactions during its first month of operation, the xDai-powered Perpetual Protocol spent just $183 on gas fees
Building a Decentralized and Uncensorable Internet — The Nexus Protocol
18.1.2021
PRESS RELEASE. On December 21st, 2020, the Nexus Protocol white paper was released. The new internet will be driven by a blockchain-based operating system (LX-OS) and communications protocol (Nexus Protocol), that will be connected by a distributed satellite-based mesh network. The white paper...
Ethereum competitor Near Protocol (NEAR) gains 106% as DeFi heats up
16.1.2021
In the past month Near Protocol (NEAR) rallied 106% as the DeFi market captured the attention of new investors
Lido Protocol Does Eth 2.0 Staking but With a DeFi Twist
15.1.2021
There's a new yield farm for those backing Ethereum 2.0
Privacy Coin Firo Launches ‘Privacy by Default’ Protocol on Mainnet
14.1.2021
Lelantus introduces “on-by-default” privacy while also allowing partial redemptions of Firo’s burn-and-redeem model
xSigma DeFi Offers Lucrative Rewards for Liquidity Providers, Whitepaper Released
13.1.2021
xSigma is an upcoming stablecoin DEX protocol developed by the first DeFi project backed by a NASDAQ-listed company. In order to attract liquidity providers to supply their stablecoins to the decentralized exchange, the protocol will feature a lucrative rewards system for liquidity mining....
DeFi coverage protocol expands protection against centralized exchange hacks
12.1.2021
Nexus Mutual is now allowing users to cover their centralized exchange accounts
IBC Protocol Finally Released on the Cosmos Network
11.1.2021
The highly anticipated IBC (Inter Blockchain Communication) protocol is now live on the Cosmos network with the launch of Stargate, the new software development kit (SDK) on the Cosmos network. With this news going viral, the native token of Cosmos, ATOM, experienced a surge of almost 4%. IBC is...
CoinGecko & Band Protocol to Help with Band Standard Phase 2
8.1.2021
To get an insightful picture of the cryptocurrency market, it is important to have a complete and in-depth analysis. CoinGecko is one of the most trusted names in the cryptocurrency analysis segment, and it provides clients information related to a variety of cryptocurrency indifference such...
UNION & Kleros Partner for Third-Party Arbitration Protocol
8.1.2021
The partnership that has been announced between UNION and Kleros is an important development in the domain of blockchain technology as it aims to bring more transparency and authenticity to the system. Kleros is a well-known name in the segment of the adjudicating protocol, and it’ll build a...
Oasis Protocol Adds Shyft Network in Bid to Attract Institutions to DeFi
7.1.2021
Oasis Labs, creator of Oasis Protocol, appears to be looking to build an institution-friendly version of Ethereum's DeFi ecosystem
Data Shows 78% of the Circulating Bitcoin Supply Is Illiquid, Only 4.2M BTC in Constant Circulation
2.1.2021
Onchain statistics show 78% of the circulating bitcoin supply is illiquid and barely accessible according to Glassnode research. Data indicates that the analysts have classified 14.5 million bitcoin as illiquid and only 4.2 million bitcoin in constant circulation. One of the most treasured parts...
Cover Protocol announces compensation plan following mining contract attack
31.12.2020
Cover Protocol will distribute new "coins" to token holders as Binance announces compensation for affected traders
Blockchain Projects Detoken and Anyhedge Launch Bringing Defi to Bitcoin Cash
30.12.2020
On December 30, the decentralized finance (defi) platform Detoken and the firm General Protocols announced the launch of Anyhedge, the first public defi product built on the Bitcoin Cash network. Detoken users will be able to hedge or long their bitcoin cash and earn a funding premium while holding...
Attackers Drain Millions From Cover Protocol, Token Holders Attack Compensation Plan
30.12.2020
Decentralized finance insurance project Cover protocol briefly suffered losses when an unknown attacker minted over 40 quintillion Cover tokens. However, after successfully cashing out tokens worth about $5 million, the attacker unexpectedly returned ether tokens valued at about $3.2 million before...
Is Defi Coming to Bitcoin Cash? An Overview of Detoken and the Anyhedge Protocol
30.12.2020
Maybe you’ve heard of Anyhedge. Last April, news.Bitcoin.com published an article about its announcement, but what is it really? What does it do, and how’s it work? The Anyhedge Protocol Anyhedge is an open-source protocol. It is simply a way to use the blockchain (in this case,...
Who Insures the Insurer? Cover Protocol Attack Exposes DeFi’s Promise and Peril
28.12.2020
Defi insurer Cover Protocol, designed to reduce smart contract failure risks, was exploited by a bug in its smart contract on Monday morning
Cover Protocol Plans New Token After Attack
28.12.2020
Cover Protocol announced it's exploring launching a new COVER token through the snapshot before the attack by a "white hat" hacker on Monday morning
Cover Protocol Attack Perpetrated by ‘White Hat,’ Funds Returned, Hacker Claims
28.12.2020
The decentralized finance (DeFI) insurance project Cover Protocol was hacked earlier Monday in an infinite printing scheme, causing the price of the Cover token to plunge. Hours later, a so-called ‘white hacker’ claimed responsibility for the attack, saying all funds had been returned....
Cover Protocol suffers infinite minting attack, price tanks 97%
28.12.2020
Cover, the peer-to-peer coverage market, is the latest DeFi project to suffer an attack