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Microsoft, Tencent and other tech giants join decentralized Infura network
15.11.2023
Infura said the partnerships mark a major milestone in decentralizing and making its network more censorship-resistant
Blockchain Startup Kinto Plans 'First KYC'd' Ethereum Layer-2 Network After Raising $5M
15.11.2023
The Kinto network, built with the Optimism's OP Stack, features native know-your-customer (KYC) checks and investor accreditation mechanism to help onboard regulated financial institutions
DYDX Pumps Ahead of Massive $500M Token Unlock
15.11.2023
DYDX, the native token of the newly released eponymous chain and decentralized exchange, has risen by more than 20% in the past 24 hours, just 16 days before more than $500 million worth of the tokens will be released to early investors and core team members
DEX Platform Uniswap Rolls Out Android App With Swap Feature
14.11.2023
Source: Uniswap Popular Ethereum-based decentralized exchange (DEX) platform Uniswap has finally released its Android mobile wallet app to the public. Making the announcement on X (formerly Twitter), the automated market maker (AMM) protocol stated that the app is now available for...
Australia Introduces Capital Gains Tax For Wrapped Tokens
14.11.2023
Source: Pixabay The Australian Taxation Office has issued an update on its capital gains tax for crypto products, stating that it also extends to wrapped tokens or token interaction with decentralized lending protocols. The previous edition of the capital gains tax stated that capital gains...
Australia Updates Its Capital Gains Tax Guidance to Include Wrapped Tokens and DeFi
14.11.2023
Australia's tax authority has clarified that its capital gains tax on crypto products also extends to wrapped tokens or token interaction with decentralized (DeFi) lending protocols
Social Network MeWe Heralds Migration of Users to Web3 From Web2
14.11.2023
MeWe said at Consensus 2023 in April that it would be adopting the Polkadot parachain Frequency to bring self-sovereign blockchain-based identities to its 20 million users
Lens, Aave's Decentralized Social Media Platform, Launches Major Upgrade on Polygon
13.11.2023
The open source protocol spearheaded by DeFi giant Stani Kulechov has released a bevy of new monetization features
Polymarket Bets Favor Trump for GOP Nomination With an 81% Chance of Winning
13.11.2023
This week, the blockchain-based forecasting platform Polymarket’s figures indicate that Donald Trump is leading the race for the Republican nomination in July 2024. Trump is ahead of a group of 13 contenders, which includes a few not actively campaigning, in a betting pool worth $5.25...
No CZ, no problem: Binance Blockchain Week showcases Turkish crypto industry
13.11.2023
Binance picked the Bosphorus as the backdrop for Binance Blockchain Week, the flagship event in its 2023 calendar
Bitcoin Miners’ Daily Profits Top $44 Million, Reaches Highest Point Since April 2022
13.11.2023
Source: AdobeStock / Photocreo Bednarek The cryptocurrency market has recorded soaring prices in recent weeks sparking wins spanning across miners’ profits, decentralized finance (DeFi) numbers, and larger investor appetite. Global Bitcoin (BTC) miners have seen mining profits soar to new highs...
THORChain’s 7-Day Trading Volume Hits $1.32 Billion, Third to Uniswap and PancakeSwap
13.11.2023
Source / Sam Cooling THORChain, a decentralized crypto trading protocol capable of cross-chain swaps, has become the third-largest decentralized exchange (DEX) in terms of trading volume over the past seven days. Over the past week, THORChain recorded a trading volume of $1.32 billion, third...
Indian Supreme Court Dismisses Plea Seeking Crypto Trading Regulations
13.11.2023
Source: Pexels The Indian Supreme Court on Friday declined to entertain a petition seeking to establish guidelines on crypto regulations. Cryptocurrencies, decentralized digital or virtual currencies operating independently of a central bank, have faced ongoing discussions regarding their...
DeFi Platform Raft Hacked for $3.3 Million, Attacker Burns Most of Stolen ETH – Here’s What Happened
11.11.2023
Source: Pixabay Decentralized finance (DeFi) platform Raft has suffered a hack resulting in the loss of approximately $3.3 million in Ethereum ( ETH). However, the attacker’s attempt to profit from the heist may have backfired, as they incurred a loss themselves. On-chain data reveals that...
Binance Launches Web3 Wallet to ‘Lower the Barrier’ for Self Custody
10.11.2023
Binance has announced the launch of a new “self-custody” Web3 wallet aimed at simplifying the user experience and protecting user funds when using decentralized apps. The wallet features multi-party computation (MPC) tech, which Binance alleges allows users to manage the wallet without...
Blockchain Gurus Are Quietly Stockpiling This Undervalued AI Crypto Gem – What Do They Know?
10.11.2023
Launchpad XYZ: Shaping the future of AI crypto. Image by Launchpad XYZ, X. Decentralized Web 3.0 services are set to level up with the debut of Launchpad XYZ, which will provide AI-optimized crypto trading, swapping, and fractionalization. The overwhelmingly positive response to its presale...
Spartan Capital Invests in DeFi Protocol Pendle in a Follow-on Funding Round
9.11.2023
Source: Medium/Spartan Group In a strategic move to boost the burgeoning landscape of decentralized finance (DeFi), Spartan Capital has announced its continued commitment to Pendle Finance through an over-the-counter (OTC) acquisition. We're excited to share that we have made a follow-on...
Polygon Labs Launches $85 Million Developer Fund to Attract Web3 Talent
9.11.2023
Polygon Labs launches major funding to draw blockchain developers. Image by akif, Adobe Stock. On Thursday, Ethereum scaling solution Polygon Labs announced the launch of an $85 million grant program with the goal of attracting top Web3 talent to build on its network. The initiative will provide...
Ritual Raises $25M for AI Decentralization, Targets Universal Access with DeFi Integration
9.11.2023
Ritual raises $25M to build a decentralized AI network. Image by ipopba, Adobe Stock. Ritual, a startup building a decentralized platform for artificial intelligence, has raised $25 million in a seed funding round. The funding was led by venture capital firm Archetype, with participation from Robot...
Cardano-Based DEX MuesliSwap Plans Refund Site for User Losses – What’s Going On?
9.11.2023
Source: Adobe / Who is Danny In a recent update, MuesliSwap, one of the most popular decentralized finance (DeFi) protocols on the Cardano blockchain, has announced its intention to launch a refund site to address concerns raised by users regarding losses due to high slippage over the past year....