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Latest DeFi hack targeting BSC sees $12.7M in Bitcoin stolen from pNetwork
20.9.2021
Roughly $12.7 million worth of tokenized Bitcoin has been stolen from the BSC-based cross-chain composability platform pNetwork
Cross-Chain Bridges That Connect 5 Different Blockchains to Ethereum
20.9.2021
During the last few months, cross-chain bridge technology has grown a great deal and users can now swap assets between a myriad of networks. Today, between eight different bridges there’s $7.6 billion total-value locked across these platforms. Cross-Chain Bridges There’s a decent...
ADALend: New Wave of DeFi Loans on Cardano
19.9.2021
ADALend is building a scalable and decentralized lending protocol on Cardano, governed by the community. Cardano is the market leader in PoS as a collection of protocols for economic support to billions of people. Over the last decade, the decentralized Finance (DeFi) space has been forced...
Wormhole Network Launches Ethereum Solana Bridge, Solana AMM Saber Surpasses $4 Billion TVL
19.9.2021
On September 17, 2021, Solana protocol fans were introduced to the launch of the Wormhole Network’s ethereum – solana bridge, which means assets between each chain can be intermingled. The launch announcement notes that Saber, the Solana-fueled protocol with more than $4 billion...
Defi TVL Climbs Higher, Optimism Use Rises, 270K BTC on ETH, Lending on ETH Taps $44 Billion
18.9.2021
In mid-September, the total-value locked (TVL) in decentralized finance (defi) continues to climb higher, as the value held on Ethereum, Binance Smart Chain, Avalanche, Solana, and more blockchains has risen dramatically to $171 billion today. On the Ethereum network, there’s 270,783 bitcoin...
Valuation of Stablecoin DAI Market Swells — DAI Market Cap Increased More Than 800% in 12 Months
18.9.2021
Recently Bitcoin.com News covered the stablecoin tether and how the crypto asset’s market valuation jumped more than 1,500% in just over 500 days. In addition to this exponential increase, the decentralized stablecoin DAI’s market capitalization has also swelled significantly...
NFT-based Fixed Lending Protocol Pledge Backed by Stanford Alumni Announces Successful Fundraise
18.9.2021
PRESS RELEASE. Pledge Finance is launching a cross-chain decentralized finance ecosystem, purpose-built for the financial sector following a successful private round in which it raised more than $3 million. Hong Kong – Pledge Finance, an algorithm-driven, multi-chain decentralized finance...
Finance Redefined: Maverick Vitalik in Time Mag, Sept. 13–17
17.9.2021
Vitalik in Top-100 innovators, Cardano’s smart contract launch and carbon NFT’s — all coming to you this week in Finance Redefined
MonoX raise $5M to launch single-token liquidity pools
17.9.2021
The automated market maker is currently in beta development and set to launch in Q3 2021
DAFI Protocol Integrates Polinate into Super Staking 2.0
17.9.2021
DAFI Protocol, the reward distributor for decentralized networks, has recently collaborated with Polinate, intending to spread its futuristic reward diffusion system in the entire blockchain universe. Polinate, a highly advanced hub for crowdsourcing has boosted the morale of the market players...
200 smart contracts on Cardano... but there’s a catch
17.9.2021
One third-party explorer puts the number of time-locked Cardano smart contracts over 2,000
Estonian 'auto liquidation' DeFi platform Minterest raises $6.5m
17.9.2021
Minterest aims to channel all fees, interest, and revenue back into the protocol for its users
Avalanche (AVAX) just hit a new ATH, but what’s really behind the price surge?
17.9.2021
AVAX price soared to a record high as heavy inflows enter the protocol through its cross-chain bridge and institutional investors pledge $230 million in funding for the rapidly expanding Avalanche ecosystem
3 reasons why REN price is up 340% from its July swing low
16.9.2021
A cross-chain bridge to Arbitrum, protocol upgrades and a steady surge in network activity back REN’s 340% rebound off its July 20 swing low
Avalanche Foundation raises $230M to support DeFi ecosystem
16.9.2021
The smart contracts platform has made substantial progress within the DeFi space since its launch last year
SushiSwap leads DEX token gains as SUSHI price rises by 23% in 24 hours
16.9.2021
SUSHI price reached its best level in four months while its top rivals Uniswap, THORChain, and PancakeSwap also saw gains
Crypto and DeFi disintermediate banking in new ways, says OCC head
16.9.2021
The head of the body in charge of overseeing U.S. banks named cryptocurrency and decentralized finance (DeFi) activity among factors contributing to disintermediation of the banking system
EU regulator sees crypto as sign of increased risk-taking in current climate
16.9.2021
An ESMA report views crypto assets’ volatility in the first half of 2021 as an indication of “possible market exuberance.”
Vee.Finance Secures Money Market by Merging Chainlink Feeds
16.9.2021
Vee.Finance aims to make traditional currency users more familiar with cryptocurrency by consolidating Chainlink Price Feeds as part of the solution services for the oracle network. This integration will ensure that the Avalanche Blockchain will gain accurate, tamper-proof information about...
Hedera Hashgraph rallies 150% in a week as its ecosystem expands
16.9.2021
New partnerships, NFT integration and a market-wide surge in altcoin prices back HBAR’s recent 150% rally