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ADALend: New Wave of DeFi Loans on Cardano
19.9.2021
ADALend is building a scalable and decentralized lending protocol on Cardano, governed by the community. Cardano is the market leader in PoS as a collection of protocols for economic support to billions of people. Over the last decade, the decentralized Finance (DeFi) space has been forced...
Defi TVL Climbs Higher, Optimism Use Rises, 270K BTC on ETH, Lending on ETH Taps $44 Billion
18.9.2021
In mid-September, the total-value locked (TVL) in decentralized finance (defi) continues to climb higher, as the value held on Ethereum, Binance Smart Chain, Avalanche, Solana, and more blockchains has risen dramatically to $171 billion today. On the Ethereum network, there’s 270,783 bitcoin...
Valuation of Stablecoin DAI Market Swells — DAI Market Cap Increased More Than 800% in 12 Months
18.9.2021
Recently Bitcoin.com News covered the stablecoin tether and how the crypto asset’s market valuation jumped more than 1,500% in just over 500 days. In addition to this exponential increase, the decentralized stablecoin DAI’s market capitalization has also swelled significantly...
NFT-based Fixed Lending Protocol Pledge Backed by Stanford Alumni Announces Successful Fundraise
18.9.2021
PRESS RELEASE. Pledge Finance is launching a cross-chain decentralized finance ecosystem, purpose-built for the financial sector following a successful private round in which it raised more than $3 million. Hong Kong – Pledge Finance, an algorithm-driven, multi-chain decentralized finance...
Perpetuals, Rebase Tokens Rise; The Week’s Top 5 Token Categories
17.9.2021
which saw its market capitalization grow by almost 88% as a whole.The category is made up of protocols that offer decentralized perpetu
SushiSwap leads DEX token gains as SUSHI price rises by 23% in 24 hours
16.9.2021
SUSHI price reached its best level in four months while its top rivals Uniswap, THORChain, and PancakeSwap also saw gains
US Senator Warren Presses SEC to Address Crypto Exchange Outages, High Transaction Fees, Financial Inclusion
16.9.2021
At the U.S. Senate Banking Committee hearing Tuesday, Senator Elizabeth Warren called on the chairman of the Securities and Exchange Commission (SEC), Gary Gensler, to increase oversight of cryptocurrency. She brought up several problems she associates with cryptocurrency that could hurt small...
Sovryn Lists on AscendEX
15.9.2021
PRESS RELEASE. AscendEX is thrilled to announce the listing of the Sovryn token (SOV) under the trading pair USDT/SOV on Sept. 15 at 1 p.m. UTC. Sovryn is a Bitcoin-based decentralized finance (DeFi) protocol launched in early 2020. The Sovryn platform provides the tools to trade, lend,...
Uniswap (UNI) price jumps by 15% in DeFi, cryptocurrency market rebound
15.9.2021
The jump in UNI/USD rates has quickly met with sellers at local top levels
Zabu Finance Suffers First Big Exploit in Avalanche Defi, Loses $3.2 Million
15.9.2021
Zabu Finance, a decentralized yield farming protocol on Avalanche, suffered the first big hack related to the chain. The protocol was the victim of an exploit that allowed an attacker to steal $3.2 million in tokens, according to reports. The core of the exploit happened due to a vulnerability...
Solana Full Service Expected Soon, SOL Recovering
15.9.2021
west reached at the start of September 15, SOL had dropped 14%. It has since then recovered nearly 9%.SOL price chart:Source: coingecko.comSolana validators have successfully restarted its Mainnet Beta after nearly a day of downtime, expecting block explorers, dapps (decentralized appl
PrimeDAO raises $2M to build cooperative platform for DAOs
15.9.2021
PrimeDAO has raised $2 million from DeFi funds that share its vision for a collaborative platform enabling cooperation between decentralized autonomous organizations
Three reasons why the price of Elrond (EGLD) is hitting new daily highs
15.9.2021
An expanding ecosystem and the full launch of Elrond’s DeFi capabilities back EGLD’s rally above $300
As Crypto Economy Slumps, Total Value Locked in Defi Continues to Rise
14.9.2021
Approximately nine days ago, the total value locked (TVL) in decentralized finance (defi) across various blockchains was around $176 billion. At that time, bitcoin ($49,937) and ethereum ($3,886) fiat values were much higher. Despite the fact that the crypto economy and these coins have dipped...
Derivatives exchange dTrade raises $22.8M for market makers
14.9.2021
The Polkadot-centric exchange allows users to trade perpetual swaps and options with on-chain settlement
Morpheus Labs and Polygon Tie-Up to Create Decentralized Apps
14.9.2021
Blockchain-platform-as-a-service provider Morpheus Labs is based out of Singapore. It offers powerful tools, ready-to-use solutions templates, and scalable infrastructure to blockchain developers and related enterprises to efficiently build, deploy, and manage applications. Its solutions and tools...
Indian university joins Hedera decentralized governance council
14.9.2021
The Indian Institute of Technology Madras will test use cases around the Hedera Token Service, a public blockchain for payments
Ethereum Foundation backs Spruce’s vision for decentralized identity verification
14.9.2021
Spruce hopes its Ethereum-powered sign-in system can offer a decentralized alternative to the data-harvesting identity services offered by tech giants
ADALend Is Building a Cardano Native, Scalable and Decentralized Lending Protocol
13.9.2021
ADAlend.finance , a protocol that is bringing decentralized lending to the Cardano blockchain, has just sold out its private sale in less than one hour. Seven private angel investors have purchased the entire seed allocation of 1.8 Million Cardano native ADAL tokens for $540,000. Seed round...
Hip Hop Star Ja Rule Discusses the Growing NFT Space and Crypto — ‘I Like the Fact That Bitcoin Is Decentralized’
11.9.2021
The non-fungible token (NFT) industry has exploded in 2021 as millions of dollars worth of cryptocurrencies continue to be traded for these blockchain collectibles every single day. This week, Bitcoin.com News chatted with the popular American rapper Ja Rule about NFTs as he has partnered with...