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Uma’s Latest Innovation Ova Promises Fairer Profit Distribution in Defi
25.1.2024
UMA has officially introduced Oval, a novel product designed to optimize the use of oracle data by defi protocols. This tool changes how protocols manage oracle-based MEV, enhancing efficiency and fairness in Ethereum’s blockchain profits. Oval Launch by Uma Aims to Redistribute Profits Back...
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...
Polygon Labs and DELV respond to FinCEN’s NPRM on CVC mixing
24.1.2024
Polygon Labs and DELV, formerly called Element Finance, have responded to FinCEN’s proposed rule on CVC Mixing. Polygon released an official document that outlined the entire response. The document showed the concerns of both parties regarding FinCEN’s aim of regulating CVC (Convertible Virtual...
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...
Pontem Announces AI-powered Crypto Chatbot Following $6 Million Seed Funding Round
23.1.2024
Product development studio Pontem is launching an AI-powered chatbot dubbed Pontem.ai capable of operating like a “full-scale AI crypto assistant.” A crypto trader’s best friend According to a press release from Pontem on Tuesday, the chatbot can answer questions on emerging news...
The Next Phase of DeFi Is Here
23.1.2024
Expect a transition from incentive madness to real utility in crypto markets, says Jesus Rodriguez, CEO, IntoTheBlock
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...
Is It Too Late to Buy Sui? SUI Price Rallies as New Meme Coin Approaches $10 Million
23.1.2024
Looking at the charts, SUI price analysis reveals that Sui Network is primed for a significant price rally, leaving some FOMO investors asking is it too late to buy SUI? This comes amid impressive growth in SUI’s DeFi offering, which has recently seen total value locked (TVL) surge to...
Over $580,000 Drained in Phishing Scams Targeting Web3 Firms – What’s Going On?
23.1.2024
About $580,000 has been drained following a calculated phishing campaign targeting at least four web3 firms’ email addresses. Digital asset scam detective, ZackXBT commented on the developments on X (formerly Twitter). He flagged several emails sent out in a calculated attempt to appear to be from...
Pantera Capital Projects Bitcoin Price Resurgence and Increased DeFi Market Activity
22.1.2024
Cryptocurrency management company Pantera Capital has released its yearly projections on Bitcoin (BTC) and the wider industry with expectations of more bullish activity for the market leader. In a recent market report, the firm highlighted the projected movement of the Bitcoin price valuation....
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...
Value Locked in Defi Surpasses $57 Billion, Securing Over $20 Billion in 3 Months
21.1.2024
Data from defillama.com reveals that over the past 93 days, the total value locked (TVL) in decentralized finance (defi) protocols escalated from $37.46 billion on Oct. 20, 2023, to the present $57.74 billion. Notably, 57.3% of the total value in defi is anchored in the Ethereum blockchain, while...
Tokenized Asset Coalition Expects Tokenization to Grow in 2024
20.1.2024
The Tokenized Asset Coalition (TAC), a membership organization that promotes the institutional adoption of tokenization practices to bring real-world assets to the blockchain, has published its State of Tokenization report. The document explains that 2023 saw the birth of a tokenized risk curve...
Moonwell’s Bold $2.3M Plan to Counter Frax Hack Debt Sparks Controversy
19.1.2024
Moonwell, a decentralized finance (DeFi) borrowing and lending protocol, is facing controversy over its proposal to use $2.3 million worth of digital asset collateral to offset bad debt from Frax Finance (FRAX) pools due to a hack nearly two years ago. In a plebiscite held on December 31, 2023...
Ethereum and BNB See Steady Growth as Borroe Finance Shines in DeFi with Impressive Presale Stage 4
19.1.2024
Ethereum (ETH) and Binance Coin (BNB) are among the world’s top five cryptos, and they’ve recorded ecosystem wins in early 2024. However, investors are looking for the best crypto investments that will deliver massive ROI in the coming months. Luckily, these investors found Borroe Finance ($ROE)and...
COTI announces Ethereum Ecosystem Growth Fund to drive privacy
19.1.2024
The COTI Foundation has announced an Ecosystem Growth Fund with a hefty contribution of 400 million COTI tokens. The fund, with an estimated value of $25 million, will provide financial assistance to initiatives that promote the development and effectiveness of the COTI ecosystem. COTI has long...
dYdX Overtakes Uniswap as Daily Trading Volumes Hit $757 Million
18.1.2024
Decentralized finance (DeFi) platform dYdX market has moved past Uniswap as the largest decentralized cryptocurrency exchange (DEX) by trading volumes. Recent data from crypto analytics firm Cointelegraph shows an increase in the trading volume of dYdX v4 over Uniswap’s v3 in the last 24 hours....
Uniswap Prioritizes Security, Unveils Permit2 to Stop Hackers Draining User Funds
18.1.2024
Uniswap introduced the Permit2 security upgrade to address vulnerabilities allowing hackers infinite token access and withdrawals. Image by vladim_ka, Adobe Stock. Decentralized exchange Uniswap has unveiled a new security tool called Permit2 today to give users more control over their digital...
Ethereum Staking Platform Kiln Raises $17 Million in Funding Round Led by 1kx
18.1.2024
Paris-based Ethereum staking infrastructure provider Kiln has closed a $17 million funding round to expand its institutional-grade offering internationally. The funding will also support more decentralized finance (DeFi) reward models. The funding round was led by 1kx. Several prominent investors...