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Defi Platforms and Smart Contract Tokens Suffer the Most During the Crypto Market Rout
11.6.2022
While the crypto economy has dropped lower in value against the U.S. dollar, sliding to just under $1.2 trillion, the value of decentralized finance (defi) protocols and smart contract tokens has suffered a great deal. Statistics show that the total value locked in defi has dropped 7.96% since...
How to Earn Passive Income from NFTs: 4 Ways That Already Work
11.6.2022
You probably aren’t yet aware of this but non-fungible tokens (NFTs) represent an untapped passive income-generating opportunity.
Read on to learn how you can earn passive income with NFTs using a variety of methods that actually work.
The convergence of NFT technology and decentralized...
Finance Redefined: Number of DAOs surge, Solana launches $100M DeFi fund
10.6.2022
The past week in DeFi saw the launch of another $100M fund by Solana and the number of DAOs surged over 8X with increased protocol activity
Huobi Global launches $1B investment arm focused on DeFi and Web3
10.6.2022
The bear market in crypto hasn’t deterred venture capital firms from investing heavily in blockchain and Web3 projects
Chainlink Keepers and VRF are Live on the Avalanche Network
10.6.2022
Avalanche announced that its primary network had taken Chainlink Keepers and Chainlink VRF live through integration. It is expected to benefit Avalanche developers and users alike through the security and functionality of applications. The integration allows the community to leverage the automation...
Tim Draper Still Sees Bitcoin (BTC) Surpassing $250k By Year End. Can Gnox (GNOX) Redefine the DeFi Space?
10.6.2022
Legendary venture capitalist Tim Draper made waves in the crypto community when he predicted Bitcoin would fly to $250,000 by the end of 2022 during a CNBC interview in June 2021. With Bitcoin currently trading at around $30,000, moving in a band between $28,000 and $31,000, the end of Q2 is...
Solana Ventures Launches $100 Million Fund Focused on Web3 Projects in South Korea
9.6.2022
Solana Ventures has revealed the launch of a $100 million fund dedicated to Web3 startups in South Korea. According to Solana Labs’ general manager Johnny Lee, the capital will be dedicated to non-fungible tokens (NFTs), decentralized finance (defi), and game finance (gamefi) development....
Hawkish ECB Intentions, Tether on Tezos, Osmosis Promises to Cover Losses + More News
9.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Hawkish ECB Intentions, Tether on Tezos, Osmosis Promises to Cover Losses + More News
Gemini Vs Gorilix Defi (SILVA): Best Place to Earn Crypto!
9.6.2022
As the crypto world continues to expand, it’s attracting new and seasoned investors more than ever. Over a decade ago, the talk of Bitcoin had evolved from a mystery digital token to a new form of payment readily available in multiple countries worldwide. Now being named the future currency...
Orderly Network Raises $20M for DeFi Infrastructure on Near Protocol
9.6.2022
The decentralized exchange offers trading infrastructure for permissionless spot assets and their futures
Kava Introduces Simplified DeFi Strategies Through Kava Earn
9.6.2022
Trading does not have to be complex with charts, dates, and many numbers in this digital age. Keeping this idea in mind, Kava Network launched its Kava Earn, a simplified DeFi strategies platform. The platform will initially support Binance USD (BUSD) with risk-free high yield strategies. Kava...
DeFi contagion? Analysts warn of 'Staked Ether' de-pegging from Ethereum by 50%
9.6.2022
Liquid staking firms could default on their Ether obligations if "the Merge" does not happen
Kazakhstan Central Bank Exploring ‘Opportunities in Crypto, DeFi ‘Innovation’
8.6.2022
Kazakhstan’s central National Bank has stated that it is “interested in” the “opportunities for innovation” that cryptoassets and DeFi can “give” the government.
Per Tengrinews, the Governor of the National Bank Galymzhan Pirmatov told journalists at a press conference, that Kazakhstan wanted...
Blockchain Games Strongest Category Amid Crypto Market Downturn
8.6.2022
Blockchain games is the category within crypto that has resisted the industry downturn the most, with activity still being up 197% year-over-year, DappRadar’s Industry Report for May shows.
The sector’s resilience is clear despite a drop in the number of game transactions of 5% in May compared...
Bitcoin Mining Difficulty Ticks Up, Solana's USD 100M Bet, NFT Ticketing + More News
8.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Bitcoin Mining Difficulty Ticks Up, Solana's USD 100M Bet, NFT Ticketing + More News
Galaxy Digital Leads $20M Funding Round in DeFi Firm Skolem
8.6.2022
Skolem provides data and trade execution services for institutions to access DeFi markets
While DeFi Total Value Locked Fell by 51% Since the End of Q1, Arrakis Finance Amassed $1 Billion TVL
8.6.2022
PRESS RELEASE. Zug, June 08, 2022 — As markets continue to tumble, Arrakis Finance, a yet relatively unknown & tokenless project, just reached a new milestone — a total value locked of $1 billion. DeFi TVL overall fell from $224B on April 1 to $109B on May 30, dipping by 51%....
French Lawmaker Releases New Report to Push for Crypto Legislation
8.6.2022
Pierre Person, a lawmaker from France’s ruling La République En Marche! (LREM) party, has unveiled a new report which introduces a number of legislative proposals related to crypto and digital assets, pushing for the adoption of crypto legislation in the French parliament. ...
Read More: French...
Osmosis DEX Hacked for USD 5M, Team Denies Liquidity Pools Being 'Completely Drained'
8.6.2022
Osmosis, a proof-of-stake (PoS) blockchain with a decentralized exchange (DEX) application within the Cosmos (ATOM) ecosystem, has been exploited to the tune of some USD 5m.
The project's official Twitter account confirmed the hack but denied allegations that liquidity pools were completely...
Solana Ventures sets up $100M fund for GameFi and DeFi in South Korea
8.6.2022
The new fund is intended to support the growth of NFT, gaming, and DeFi projects on Solana and to help keep former Terra developers on their feet following Terra’s fall