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Altcoin Roundup: Post-crash prices give investors a chance to build a diversified portfolio
5.6.2021
Looking to build a diversified crypto portfolio? DeFi, stablecoins and oracles are three cornerstone sectors to consider
To ICO or to IDO? That is the question
4.6.2021
Initial DEX offerings have a fair bit in common with initial coin offerings but come out on top in cost, effort, and fairness
Data Shows BSC Dapps Lost $167 Million Last Month From Flash Loan Attacks
3.6.2021
Binance Smart Chain (BSC) decentralized applications (dapps) have been hit with a number of flash loan attacks in recent weeks. According to collected data by Rekt, during the last 30 days BSC has lost a total of $167 million from these flash loan exploits. Flash Loan Hackers Prey on Binance Smart...
Defi Economy Is Recovering Faster Than Most Crypto Assets After Market Rout
3.6.2021
Decentralized finance (defi) exchanges and tokens are recovering a lot faster than a great number of digital assets that lost more than 40% in value last week. Defi tokens like curve, kyber network, terra, hxro, and more have been seeing double-digit gains. On May 23, the defi economy’s...
Why On-Chain Governance Is Critical for Blockchain Growth and Longevity
3.6.2021
The decentralized properties that make blockchain architecture unique can also be its Achilles heel, demonstrating the importance of bringing network governance on-chain to promote a more inclusive and democratized consensus on network upgrades. Governance Transformation Is the Key To Unlocking...
Binance Smart Chain Faces yet Another Flash Loan Attack: Belt Finance Loses $6.3 Million
31.5.2021
Belt Finance, a Binance Smart Chain-based decentralized lending protocol, lost $6.3 million in a flash loan attack last week. The attackers took advantage of a series of inefficiencies in the smart contract to manipulate the price of the set and obtain profit from a series of transactions. This...
ADAX, State-of-the-Art Decentralized Exchange Protocol on Cardano!
31.5.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
We are excited to introduce ADAX, a new DeFi protocol based on the Cardano network to revolutionize transactions. The weaknesses of the current proof-of-work (PoW) consensus design of the Ethereum main-net are...
Understanding the systemic shift from digitization to tokenization of financial services
30.5.2021
Another hurdle financial services and institutions need to address is mainstream digital asset adoption
Every Fourth Australian Willing to Be Paid in Bitcoin, Poll Finds
29.5.2021
A new survey has established that one in four Australians would like to receive at least part of their salary in cryptocurrency. While the motives vary between the members of this diverse group, the results indicate that the Australian nation’s overall interest in decentralized digital money...
The future of digital asset liquidity: Centralized or decentralized?
29.5.2021
DeFi solutions, and the decentralized liquidity they protect, are the only way forward for the cryptocurrency space
BSC Defi Protocol Burgerswap Loses $7.2 Million from a Flash Loan Attack
29.5.2021
Another Binance Smart Chain project has been hit with a flash loan attack according to a post mortem written by the Burgerswap team. The project’s official Twitter account said at around 3 a.m. on Friday, Burgerswap suffered from a flash loan attack with the hackers stealing $7.2 million...
NBA Legend Paul Pierce and Poker Hall of Famer Phil Ivey to Join Joe Lubin of Consensys for a Virtue Poker Charity Tournament
28.5.2021
Virtue Poker revealed plans to organize a high-stakes 12-player celebrity poker tournament on its platform, live-streamed on Twitch, with the winner donating the event’s proceeds to their preferred charitable organization. Celebrity Charity Tournament Features NFTs & Giveaways Virtue...
Shield Protocol: Tokenomics for a Trustless and Long-Term Value Decentralized Network
27.5.2021
Like Bitcoin, DeFi’s ambition to build a fully decentralized global network is the fundamental source of its revolutionary characteristics – that of being trustless and enabling disintermediation. It is these two characteristics that build the core value of DeFi and determine...
ICHI launches ‘Decentralized Monetary Authority’ for stablecoin issuance
27.5.2021
The ICHI ecosystem has attracted several high-profile partners, including Solana, Moonbeam, SushiSwap, 1inch Network, Loopring and Bancor
1inch integrates with Mercuryo, enabling fiat onramp to DeFi
27.5.2021
1inch Wallet users can now purchase DeFi assets through Mercuryo’s fiat onramp gateway
Fact check: Has Coinbase launched a decentralized fact checking portal?
27.5.2021
Coinbase has launched a fact-checking portal to combat “misinformation and mischaracterizations about Coinbase or crypto” being shared online
Abeychain 2.0: Secure, Decentralized Storage Set To Soar
26.5.2021
Bank of England Governor Bailey Says Cryptocurrencies Are ‘Dangerous’
26.5.2021
Known for his reluctant stance on decentralized money, the Governor of Bank of England (BOA), Andrew Bailey, has recently taken his anti-crypto rhetoric up a notch. Speaking at a meeting with lawmakers in London, Bailey stated that cryptocurrencies are “dangerous.” Andrew Bailey Remains...
Flash Loan Attacks Drain 2 Binance Smart Chain Defi Projects for $6 Million
25.5.2021
There have been two back-to-back flash loan attacks in a short period of time stemming from two unique Binance Smart Chain decentralized finance (defi) projects. Last Wednesday, the yield-farming platform Pancakebunny lost close to $3 million in a flash loan attack according to reports....
DeFi Yield Protocol (DYP) Launches Decentralized Tools Dashboard
24.5.2021
Yield Farming protocol DYP has launched its long-awaited DYP Tools. DYP Tools V1 is a decentralized tools dashboard built with features that will increase the use cases for DYP Token and the entire DeFi ecosystem. The tool dashboard serves as a liquidity locker for any DeFi project and protects...