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Over USD 36M Returned to Nomad Bridge's Fund Recovery Address


Over USD 36m has so far been returned to the official fund recovery address shared by Nomad Bridge, a cross-chain messaging protocol that was drained of USD 190m worth of funds last week in what many called "the first decentralized robbery." According to Etherscan transactions, the recovery wallet...

Arbitrum One Announced Migrating to Nitro Mainnet on August 31


Offchain Labs recently announced migrating Arbitrum One to Nitro mainnet. The migration will be carried out on August 31st, exactly one year after its beta was released. Nitro proposes a substantial technical upgrade, enabling changes across the stack. It will significantly elevate the experience...

How to Spot the Next Celsius Before It’s Too Late


It’s every crypto investor’s worst nightmare, depositing money with a platform that later goes bust, making it all but impossible to recover funds. It’s also bad enough investing in the native token of any such platform, the collapse of which will send that token plummeting to Earth like a lead...

DappRadar Report Shows First Signs DeFi Recovering From Terra Collapse


DappRadar, the global app store for decentralized applications, released its July Blockchain Industry Report today, revealing that DeFi is starting to recover from Terra’s collapse. While the total no. of unique active wallets (UAWs) may be down, the total value locked (TVL) in DeFi improved...

LI.FI Integrates with Fuse Network to Boost Interoperability


LI.FI has partnered with the Fuse Network to stand strong to the belief that the future is beyond one single blockchain with interoperability as the key driver. According to the integration terms, the users of Fuse gain access to the on/cross-chain swapping and bridge transfer mechanism of LI.FI...

USD 6.8B Pension Fund to Invest in Crypto Lending Market


Indicating that some major financial players have not been scared away from cryptoassets by the ongoing market downturn, the Fairfax County Retirement Systems, a US pension fund with assets totaling USD 6.8bn, has unveiled it is looking to invest in crypto lending markets to ramp up...

Metis Integrates Chainlink Price Feeds for Precise Price Data


Metis Andromeda recently announced integrating Chainlink Price Feeds in its ecosystem. The industry-leading Oracle solution will help smart contract developers to access high-quality price data on the platform. The integration will also allow developers to secure the apps with decentralized price...

FitR to Complete INO and IDO on NFTb Using Its DeFi as a Service


FitR, a Web3 lifestyle app promoting healthy and active living, has chosen to complete an INO and IDO with the help of NFTb’s DeFi as a Service. It is indeed an announcement worthy of making, and NFTb has done just that. To properly understand what exactly is in the offing for all health-conscious...

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