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Near Foundation Raises $150 Million to Bolster Web3 Adoption
14.1.2022
On Thursday, the Near Foundation announced the project has raised $150 million from strategic investors such as Three-Arrows Capital, a16z, Mechanism Capital, Dragonfly Capital, and Circle Ventures. Following the announcement, the Near protocol’s native crypto asset jumped more than...
Seamlessly Bridge To Fantom With FundMovr!
7.1.2022
With the burst of a large number of blockchain technologies, there is no doubt that the future will hail the one that offers cross-chain interaction to its users. Interoperability will be vital to growing in the market. FundMovr, a metabridge, has taken the lead in this case. It now supports...
Defi Lending Startup Aave Launches Permissioned Platform to Entice Financial Institutions
5.1.2022
On January 5, the open-source non-custodial decentralized finance (defi) lending platform Aave launched a permissioned version of the protocol aimed at institutions. The platform dubbed Aave Arc will leverage Fireblocks as the first whitelister as the platform aims to help bridge traditional...
Valereum acquires Gibraltar-based Juno to expand on crypto-fiat bridge
31.12.2021
The agreement is an essential step toward creating a fully regulated link between the fiat and crypto worlds, said Valereum
Dogecoin Foundation Says It’s Working With Ethereum’s Vitalik Buterin on a Staking Concept
25.12.2021
According to the Dogecoin Foundation, the organization is working with Vitalik Buterin on constructing proof-of-stake (PoS) capabilities for the Dogecoin network. The “uniquely Doge proposal” is aimed at bolstering a “community staking” version of the protocol. Dogecoin...
Radioshack Goes Defi in Its Latest Iteration
20.12.2021
Radioshack, the electronics-associated brand, has announced it will now pivot to a cryptocurrency-centric model. The company informed that its focus will be to “bridge the gap” to bring cryptocurrency into mainstream use. This is the latest iteration in the story of the brand, which...
Polygon, Reddit Co-Founder’s VC Firm Launch $200 Million Social Media Web3 Fund
18.12.2021
The team behind Polygon, the protocol dedicated to interconnected blockchain networks like Ethereum, and Alexis Ohanian’s Seven Seven Six venture capital company have revealed a $200 million investment fund in blockchain-based social media projects. According to the announcement,...
Value Locked in Defi Continues to Slide, ETH Defi Dominates by 65%, Solana Transactions Reign
17.12.2021
The total value locked (TVL) in decentralized finance has slid 15.63% since the metric’s all-time high of $275 billion sixteen days ago on December 1. Since the end of the first week of December, the TVL is down 7.19% lower with a number of protocols seeing seven-day losses in terms of TVL....
USDC Sees Native Launch on Avalanche
17.12.2021
USDC, the second leading stablecoin by market cap, has been launched on the Avalanche blockchain as a native token. Previously, users wanting to get USDC in Avalanche had to bridge it via Ethereum. Now, Circle, the issuer of usd coin (USDC), will allow users to mint the tokens directly...
Stock Exchange Giant Deutsche Börse Secures a Bridge to Crypto Market
16.12.2021
Deutsche Börse Group, the owner of the largest German stock exchange, the Frankfurt Stock Exchange, plans expansion into the global crypto markets as it has finalized the acquisition of Switzerland-based Crypto Finance AG.
Crypto Finance is a provider of trading, storage, and investment...
Gravity Bridge brings Ethereum to the multichain
15.12.2021
"An open and interoperable bridge between Ethereum and Cosmos has long been a shared vision of a fully connected Interchain," said Althea CEO Deborah Simpier
Force Bridge Will Now Be Utilized by the Cardano Lending Platform
15.12.2021
Background MELD is Cardano DeFi banking protocol. Its operations aim to empower the users through tools and services, enabling them to enjoy the independence of managing their finances. The management of finance covers earning interest through investments, creating collateralized debt positions...
Label Foundation Has Announced an Official Deployment on Binance Smart Chain
8.12.2021
PRESS RELEASE. Label Foundation has recently announced its readiness to deploy on the Binance Smart Chain, utilizing the cross-chain bridge that they have developed in cooperation with the Tokyo-based blockchain development company, Curvegrid. The deployment of the bridge pinpoints to...
Public Testnet AGIX ERC20 Converter Bridge Is Now Live
8.12.2021
SingularityNET recently released the AGIX ERC20 Converter Bridge’s public testnet. The testnet will help users find better cross-chain features via test tokens from the AGIX Testnet Faucet. The process does not charge any gas fees or real AGIX tokens while gathering user feedback to be incorporated...
Gibraltar's government plans to bridge the gap between public and private sectors with blockchain
7.12.2021
Officials have already started digitizing government services on the smart contract network RSK, but plan to step up work on the integration in early 2022
Value Locked in Defi Slips 5% in 24 Hours, AMM and Rebase Tokens Take Double-Digit Losses
5.12.2021
Since mid-November the total value locked (TVL) in decentralized finance (defi) has slid from $257 billion to $250.55 billion and during the last 24 hours it lost a touch more than 5%. Over the last seven days, defi tokens like uniswap, pancakeswap, curve dao token, 1inch and sushi have lost...
Despite Crypto Market Rout, Total Value Locked in Cross-Chain Bridges Jumps 9% in 30 Days
27.11.2021
30 days ago on October 28, the total value locked (TVL) in cross-chain bridges to Ethereum was around $22.48 billion and in the face of the recent market dump, the TVL still increased by 9.56%. At the time of writing, there are 135,148 unique depositors and Axie Infinity’s Ronin Bridge holds...
How To Swap ERC-20 Tokens To BEP-20 Tokens With The Binance Bridge Shutdown?
25.11.2021
It is now easier than ever to execute a Multi-Chain Swap and get your BEP-20 tokens from ERC-20 tokens if needed. Though, not all Crypto users are familiar with the most convenient ways to trade their assets across different blockchains. Despite many projects with Multi-Chain features that offer...
WAX Builds the Largest Cross-Blockchain Ecosystem for NFTS, Gaming, and GameFi With Binance
24.11.2021
“Blockchain Brawlers” NFT Collection Launches Later this Month WAX, (Worldwide Asset eXchange), co-founder William Quigley has a vision for the future. One in which an NFT bridge – built by the company – would enable blockchain and NFT marketplaces to thrive despite...
Ardana partners with Near protocol on Cardano bridge infrastructure
23.11.2021
As part of its partnership with Near protocol, Ardanawill build a bridge for asset transfer between Cardano and NEAR