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TiFi and Nabox join forces, revolutionizing Web3 Space
12.6.2023
TiFi, a prominent player in the financial technology sector, has exciting news to share with its users and the wider cryptocurrency community. The company has recently partnered with Nabox, a renowned multi-chain exchange, and decentralized wallet vendor. This collaboration is set to revolutionize...
Lens Protocol raises a funding amount of $15 million
9.6.2023
Lens Protocol has successfully managed to raise for itself the amount of $15 million, in terms of funding, with the able support of Aave Companies, which is a technology-based entity that is actively involved in the development of protocols, as well as applications that integrate decentralization...
Metronome now supports Optimism, a Layer 2 solution
8.6.2023
Optimism, which is an upcoming layer 2 solution, has been incorporated into Metronome. With the assistance of Metronome Synth and Smart Farming, all DeFi users will be able to execute efficient and economical formulas. This will, in turn, expose them to reduced network fees and provide them with...
Steer Protocol partners with SushiSwap for concentrated liquidity
8.6.2023
In an exciting development for the DeFi and Web3 communities, Steer Protocol has announced a groundbreaking partnership with the renowned decentralized exchange protocol, SushiSwap. This collaboration aims to enhance liquidity and propel the DeFi ecosystem to new heights. The roots of this...
KyberSwap introduced KyberAI, the power of technology for trading
6.6.2023
Traders in the crypto world see changes every minute of the day. That is courtesy of volatility. However, that largely affects the way someone trades or merely attempts to gather the data for understanding. This is a problem at large that the community of Kyberians will no longer have to face....
Morphex to be introduced on the BNB Chain
5.6.2023
Morphex is extremely pleased regarding the fact that it is soon to be introduced on the BNB Chain through the association with Thena being the liquidity host for MPX-BNB. Incidentally, both entities go way back to the times of Morpheus Swap, as well as Liquid Driver on Fantom. As a part of...
Metis introduces Athena Finance as the next-generation DeFi yield aggregator
2.6.2023
The world of DeFi, short for decentralized finance, is changing rapidly. Metis is simply keeping up with the pace by focusing on growing its network. MetisDAO, on a similar line, announced integrating Athena Finance with the core objective of simplifying the DeFi experience. While it will largely...
Moonbeam has successfully incorporated HydraDX
1.6.2023
Moonbeam, which is a leader in multi-chain applications, takes an immense amount of pleasure in coming out with its official declaration of having successfully incorporated HydraDX. This, in turn, will shift GLMR towards HydraDX. At the same time, HDX will shift towards Moonbeam in the form...
Polygon zkEVM growth trajectory traveling upwards
31.5.2023
According to the assessment made of the current situation, the Polygon zkEVM Mainnet Beta is slowly but surely holding on to its upward growth pattern, the ample proof of which is the fact that the assets held by the DeFi protocols have managed to surpass the $10 million figure. Where the final...
Fantom monetizes gas for high-quality dApps
29.5.2023
Fantom has advanced the cause of retaining developers and creators on the network by monetizing the gas for decentralized applications that are of high quality. The Gas Monetization Program by Fantom aims to reward the said dApps with 15% of the gas fees that they make up for. Developers will...
SafeMoon updates the SWaP feature
24.5.2023
SafeMoon has introduced the updated version of its SWaP feature, allowing the community to leverage the feature for a better experience. The set of what has been defined as exciting updates includes enabling the community to bridge their token and trade widely within the ecosystem. More...
Namada, Osmosis to Co-fuse Blockchain to Fund Public Goods
23.5.2023
Privacy-focused blockchain firm Namada is seeking to partner with Osmosis to fund software “public goods” and airdrop its planned NAM token to OSMO investors.
In a recent blog post, Namada co-founder Christopher Goes revealed that he has proposed a partnership with Cosmos-based Osmosis that would...
TON Foundation launches Accelerator Fund worth $250 million
23.5.2023
TON, short for The Open Network, has launched an Accelerator Fund worth $250 million with the objective of promoting and incentivizing developments on the network. The goal is also to attract new developers to the ecosystem, facilitating innovation on the layer-1 blockchain. Interested developers...
Lido Proposes to Staking the Lido Protocol Token to Boost Utility and Sustainability
22.5.2023
The Ethereum staking provider Lido has proposed a staking mechanism for its native LDO token in an effort to boost the utility and financial sustainability of the token.
According to the proposal, posted on Lido’s governance forum on May 17, the staking program will enable token holders to stake...
New Scam Siphoning Off $6 Million From Crypto-Raptors
22.5.2023
A scam-as-a-service company has siphoned off approximately $6 million worth of crypto assets from unsuspecting users.
According to a report from Web3 scam-detecting firm Scam Sniffer, a scam vendor dubbed "Inferno Drainer" has stolen $5.9 million in assets from 4,888 victims across 689 phishing...
MetaMask ‘Does Not Collect Taxes On Crypto Transactions' Says ConsenSys in Push Back
22.5.2023
ConsenSys, the company behind the popular self-custodial crypto wallet MetaMask, has denied allegations that it collects taxes from users.
In a Saturday tweet, the company clarified that the rumors were based on ”inaccurate information” drawn from a misreading of MetaMask’s terms...
OpenOcean integrates with Ontology’s EVM Chain & boosts interoperability
22.5.2023
OpenOcean has announced its successful integration with the EVM Chain of Ontology. The objective is to enhance interoperability and compatibility for the community of developers. Ontology has also partnered with iZUMi Finance liquidity to make sure that the Web3 experience for cross-chain...
Mantle: BitDAO token will be Mantle after BIP-21 Vote
20.5.2023
BitDAO's native token BIT is set to rebrand to Mantle after the community voted in favor of a proposal seeking to optimize the token ahead of the launch of a new layer-2 mainnet.
The measure was approved by a majority vote as part of the BIP-21 proposal, which sought to unify the BitDAO ecosystem...
US CFTC Chair Rostin Behnam Says DeFi Crypto Exchanges Can Be Regulated – Here's the Latest
19.5.2023
Decentralized exchanges (DEXs) and other aspects of the decentralized finance (DeFi) world can be regulated in the US, even though it is “just code,” according to Commodity Futures Trading Commission (CFTC) chair Rostin Behnam....
Read More: US CFTC Chair Rostin Behnam Says DeFi Crypto Exchanges...
DeFi Needs to Be Simpler for Wider Adoption, Uniswap Survey Suggests
18.5.2023
Decentralized finance (DeFi) protocols should be simplified for users if adoption is to grow, a survey from the team behind the Uniswap decentralized exchange (DEX) has suggested.
In a report that summarized the survey results, Uniswap called DeFi an “objectively simpler, more accessible tech...