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Aave Stablecoin GHO Hits $1 Peg After Six Months – Here’s More
7.2.2024
Aave’s GHO stablecoin has hit the $1 mark after trading below the peg for over six months since its launch in July 2023. The asset’s price hit $1 on Feb 6 following efforts from the wider community, which included integrations with the Aave decentralized finance (DeFi) lending protocol....
Trump-Related Tokens Surge 100% Amid Widespread Appeal Amongst Americans
6.2.2024
Several Donald Trump-related tokens have experienced a 100% surge in price in the past 24 hours across various blockchains, following a February 6 announcement by Mechanism Capital. Mechanism Capital, an investment firm in the cryptocurrency industry focusing on decentralized finance, declared...
Enhancing DeFi: Equalizer Introduces New Meta Aggregator and Airdrop Explorer Services
6.2.2024
PRESS RELEASE. Road Town, British Virgin Islands, February 6th, 2024, Chainwire. Equalizer Elevates Their DeFi Platform with Launch of DEX & Bridge Aggregator and Airdrop Explorer Features In a significant leap forward for decentralized finance, Equalizer is proud to announce the launch of...
DeFi TVL Reaches $60 Billion, Highest Level Since August 2022
6.2.2024
The decentralized finance (DeFi) sector is experiencing a surge in popularity, with the total value of tokens (TVL) deposited on DeFi-focused blockchains reaching $60 billion. This marks the highest level since August 2022, according to data provider DeFi Llama. The recent increase in TVL can...
Analyst makes a bold prediction ahead of 2024 bull run, Retik Finance (RETIK) at $0.1 will reach $5 before Polygon (MATIC)
4.2.2024
  The crypto market is filled with anticipation of the next bull run, expected to kick off in a few months. As investors seek out promising projects to back, one analyst has made a bold prediction regarding an emerging decentralized finance (DeFi) platform – Retik Finance (RETIK). Retik...
Fintech Provider Portal Raises $34 Million in Seed Funding
1.2.2024
Portal, the provider of a decentralized Bitcoin ecosystem, announced on Jan. 30 that it has raised $34 million via a seed funding round. Portal said the raised capital is set to fund the development of a decentralized exchange platform and a wallet. Layer 2 Atomic Swap Technology Portal, a fintech...
Web3 Lost $38.9 Million to Bad Actors in First Month of 2024: Quantstamp
31.1.2024
Bad actors have stolen $38.9 million from various Web3 projects in the first month of 2024. According to a recent report from Quantstamp, a decentralized finance (DeFi) security startup, bad actors used different attack vectors to steal funds, including smart contract hacks, key compromises,...
Polygon Labs Execs Outline Regulatory Framework to Combat Illicit Activity in Defi
31.1.2024
A paper prepared by two Polygon Labs executives and a former Financial Crimes Enforcement Network (FinCEN) director presents a framework to combat illicit activity in decentralized finance (defi) markets. The document proposes three different classes for defi platforms, including platforms...
Peckshield Report Reveals Decline in Crypto Losses Despite Persistent Threats in 2023
31.1.2024
Peckshield’s latest report reveals a mix of challenges and advancements in the crypto world. Despite a notable decrease in overall losses to hacks and scams, decentralized finance protocols remain heavily targeted, accounting for a significant portion of the cyber thefts. Peckshield Report...
Abracadabra Money in Crisis as $6.5 Million Crypto Theft Sends Shockwaves Across DeFi Community
30.1.2024
Source: iStock / Xijian Popular Ethereum-based decentralized finance (DeFi) lending protocol Abracadabra Money fell victim to a platform attack on January 30. Announcing the incident on its official X (formerly Twitter) handle, the DeFi protocol stated that it is aware of an exploit on its platform...
Cloned Assets: An Ideal Tool for Bringing Liquidity to Non-Native Tokens on Solana, Says Evan Deutsch
28.1.2024
According to Evan Deutsch, a core contributor and co-inventor of Clone, cloned assets, perpetual contracts, and bridged tokens are two tools that can bring liquid spot markets to non-native assets on Solana. Deutsch, who is better known as Mark to many in the crypto space, cautions that the latter...
BitcoinOS Unveils ‘Superlayer’ Protocol, Introducing Rollups to Enhance Bitcoin
26.1.2024
Source: Adobe / top images A new platform named BitcoinOS aimed at bringing Bitcoin into the decentralized finance (DeFi) landscape has been introduced by a team of blockchain developers at Sovryn. The platform, which the developers describe as an “operating system” for Bitcoin, utilizes...
Komodo CTO Exclusive: Large TradFi Players Will Be Entering Crypto This Year, DeFi Poised to Grow Once Again
26.1.2024
Kadan Stadelmann, CTO of open-source technology provider Komodo Platform, talked to Cryptonews about the current crypto investment sentiment, incoming “major” institutional investments, and the renewed rise of decentralized finance (DeFi). The expert further shared interesting insights...
Solana Competitor Priced at Just $0.008 Debuts DeFi Wallet During Presale Period
25.1.2024
As the decentralized finance (DeFi) space continues to evolve, a new contender has emerged to challenge established platforms like Solana (SOL). Pandoshi (PAMBO), priced at just $0.008 per token, has made a striking debut with the launch of its Pandoshi Wallet amidst its ongoing presale phase. This...
Polygon (MATIC) Competitor Pandoshi (PAMBO) Raises $2 Million in Presale
24.1.2024
A new decentralized finance (DeFi) platform, Pandoshi (PAMBO), is creating quite a stir in the crypto community. This multi-faceted ecosystem has raised an impressive $2 million in its ongoing presale, showcasing its vast potential in the DeFi space. Powered by a Layer 2 network and...
Bitcoin ETFs to Likely Divert Users and Trading Volumes Away from CEXs, Says Anthony Bevan
24.1.2024
Recently approved spot bitcoin exchange-traded funds (ETFs) are likely to divert investor interest and trading volume away from centralized exchanges (CEXs), according to Anthony Bevan, CEO of the wealth management firm Blockguard. Bevan, a full-time trader and investor, added that spot bitcoin...
Polygon rival signals a 5000% rally that could propel it past MATIC this bull run
24.1.2024
As the crypto industry witnesses increasing competition among emerging and established players, all eyes turn towards a rising star that promises to redefine decentralized finance—Retik Finance. With innovative solutions, explosive token growth, and predictions of 5000% gains, Retik signals...
Polygon Competitor Projected to Soar from $0.008 to $10 by 202
24.1.2024
  In the dynamic world of cryptocurrencies, a new contender has emerged with the potential to rival Polygon’s success. Pandoshi, currently priced at a modest $0.008, is capturing the attention of crypto investors. With its innovative approach and a strong focus on decentralized finance...
Emerging Cryptocurrency Has Potential to Rival Solana (SOL
23.1.2024
In the ever-evolving world of cryptocurrencies, a new contender has emerged with the potential to rival established giants like Solana (SOL). Pandoshi, a fresh and innovative cryptocurrency, is rapidly gaining traction within the blockchain community. Known for its unique approach to decentralized...
Polygon Alternate To Reach $17 From a Mere $0.08 Price in 2024
22.1.2024
Retik Finance emerges as a formidable player with the potential to disrupt the status quo. Priced at a modest $0.08, this decentralized finance (DeFi) project has garnered attention for its innovative approach and ambitious goals. Analysts and experts foresee a significant surge, projecting Retik...