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Defi Platform Cream Finance Hacked, $29 Million Lost
31.8.2021
Cream finance, a defi borrowing and lending protocol, has been the victim of a hack that erased more than $29 million from its vaults. The attacker took advantage of a loophole in the implementation for adding the amp token to the protocol. This is the second time the platform has been involved...
Kava Swap Lists on AscendEX
30.8.2021
PRESS RELEASE. AscendEX, a global digital asset trading platform with a comprehensive product suite, is thrilled to announce the listing of the Kava Swap token (SWP) under the pair USDT/SWP on Aug 31 at 1 p.m. UTC. In celebration of the SWP listing, AscendEX will work with the team at Kava Swap...
The Largest Art Museum in the World Partners With Binance to Auction Leonardo Da Vinci, Claude Monet NFTs
30.8.2021
The Binance NFT Marketplace announced today that the non-fungible token (NFT) platform will launch a premium NFT collection backed by the State Hermitage Museum in Saint Petersburg, Russia. The NFT auction will begin on August 31 and run until September 7, 2021. The NFT auction will feature...
BCH Defi Project Detoken to Close Its Doors Over Regulatory Climate Toward Crypto Derivatives
30.8.2021
On August 28, the Bitcoin Cash-based decentralized finance (defi) platform Detoken announced the project is closing its doors on September 4, 2021. The project’s founder, Semyon Germanovich, explained that the main reason for shutting the defi project down is because of the “changing...
Cream Finance DeFi platform loses $19M in a flash loan hack
30.8.2021
The Cream Finance hacker gained $18.8 million by exploiting a reentrancy bug in the AMP token in a set of 17 transactions
Hubworld 2021 Showcased Some Awesome Looking 3D Platformers
29.8.2021
Earlier this month we covered the then upcoming Hubworld 2021, a digital event similar to a Nintendo Direct, but built by fans and indie devs and focused solely on 3D platformers. Today, Hubworld’s direct went live and featured 20+ cool-looking games including some games inspired by classics like...
Polygon DeFi Yield Farming on AscendEX
29.8.2021
PRESS RELEASE. AscendEX, a leading cryptocurrency trading platform, is excited to celebrate Polygon (Curve) Yield Farming on their staking portal by offering an increased APR for active participants. For a limited time, AscendEX users will earn extra returns while Yield Farming with Polygon for...
Jack Dorsey Discusses Square Building a ‘Bitcoin-Native’ Dex Platform, Project Lead Shares Insight
28.8.2021
On Friday, the CEO of Twitter and Square, Jack Dorsey talked about the decentralized exchange Square is constructing called “TBD” or the “TBD BTC DEX.” First mentioned in July, Dorsey tweeted that the company has “determined [TBD’s] direction and he also...
Binance Discontinues Support for Norwegian Krone Pairs, Payments and Language
28.8.2021
Cryptocurrency exchange Binance is discontinuing certain offerings in Norway. The news comes amid regulatory pressure around the world which the global trading platform is working to address. The company is also dropping Norwegian from its website’s language options. Crypto Exchange Binance...
3LAU introduces blockchain music platform Royal with $16M raise
26.8.2021
The upcoming blockchain-based music investment platform is open to using different blockchain technologies
VeChain launches blockchain platform to encourage carbon data reporting
26.8.2021
VeChain has announced a new blockchain initiative designed to help businesses openly track and report their carbon emissions data
Tezos Chosen by Swiss Banking and Fintech Operators to Deliver On-Chain Financial Products
26.8.2021
Incore Bank, in partnership with Inacta and Crypto Finance Group, has selected Tezos as their preferred blockchain platform to develop regulatory-compliant digital financial products via a newly developed token standard titled DAR-1. Tezos to Enable Smart Contracts for European Banks ...
The Zort Platform and Its Native ZORT Coin Look to Revolutionize Crypto Investing
26.8.2021
Right now, there’s renewed global interest in cryptocurrencies as investment vehicles. That has a lot to do with the lengthy bull run the market has seen of late. And the addition of multiple DeFi investing platforms over the past year has helped, too. But for all of the attention...
Kraken Crypto Exchange Seeks EU License, Eyes Expansion in Europe
25.8.2021
U.S.-based cryptocurrency exchange Kraken is preparing to expand operations in the European market, according to the German press. The coin trading platform is in talks with regulators and plans to acquire a license in an EU member state, its founder Jesse Powell revealed. Kraken to Enter European...
Crypto.com, Virtual Fashion Platform to Launch NFT Store, SpaceX-Inspired Pieces
25.8.2021
Merging non-fungible tokens (NFTs) and fashion, Hong Kong-based crypto platform Crypto.com has unveiled a new partnership with digital fashion business DressX. The collaboration paves the way for the launching of a DRESSX NFT store on the Crypto.com NFT platform, as well as the roll-out of a number...
Margin Trading on DIFX Platform
25.8.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
The unprecedented growth of Blockchain technology has been accompanied by several new revolutionary concepts. Primarily, people derived new methods of earning or generating a passive income through digital...
Fanadise Chooses Chainlink VRF for Randomization on Its Platform
25.8.2021
In another real-world case of integration, Fanadise has announced that it will use the capability of Chainlink VRF to access random numbers that are completely unpredictable and tampered-proof in nature. This will ensure users that the procedure for selecting winners and mining NFTs on the platform...
Fetch.ai launches NFT platform for AI-generated art
24.8.2021
Artificial intelligence could provide nonfungible token creators with a more streamlined approach for creating and selling their digital art
Celsius becomes first CeFi or DeFi platform to cross $20B AUM
24.8.2021
In March, research from Alpha Sigma Capital suggested that the platform would reach $30 billion in assets under management by the end of 2025
Publishing platform Substack now accepts Bitcoin payments
23.8.2021
Substack has more than 500,000 paid subscribers, but Bitcoin payments will first be available to "a select group of crypto-focused publications."