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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...
Uniswap labs to help users shift from CeFi to DeFi
18.5.2023
Uniswap has undertaken an enormous exercise in conducting a detailed survey regarding users opting for DeFi more than CeFi. As per their findings, a lot of interlinked matters have come to the forefront. They have understood that an enormous number of CeFi users are inclined towards DeFi but...
Swell incorporates Chainlink Proof of Reserve
17.5.2023
Swell with immense pleasure in officially announcing having incorporated Chainlink Proof of Reserve (PoR) on Ethereum. This is to be able to ascertain the fact that the swETH tokens are supported by staked ETH on a 1:1 ratio. In the recent past, the entity had similarly declared the incorporation...
Lido V2 positioned live on the Ethereum mainnet
16.5.2023
At the present moment in time, Lido V2 is positioned live on the Ethereum mainnet. In the scenario of a significant upscaling of the Lido protocol, Lido V2 is able to help in the overall enhancement of the Ethereum staking exposure and simultaneously thrust the Lido protocol in the direction...
Navi collaborates with Cetus & provides versatile gameplay
16.5.2023
Navi protocol takes extreme pleasure in calling out its official declaration regarding its forging an absolutely tactical collaboration with Cetus. Through this very coming together, both of the entities will be actively engaged in providing the opportunity for DeFi users to gain further options...
0x Project integrates Liquidity Book
15.5.2023
Liquidity Book has been integrated into 0x Project swap API Per a recent announcement. The integration comes with another partner, Matcha XYZ aggregator, to serve a whole new set of benefits. This includes offering swaps at a lower cost and with zero slippage dedicatedly to traders. However,...
OKX Ventures opt for investing in Rage Trade
12.5.2023
OKX Ventures, which is the investment wing of the absolute top-of-the-line crypto exchange and Web3 technology organization OKX, has gone into carrying out investment in Rage Trade. This is a double-legged trading protocol that exists on the Ethereum, as well as Arbitrum mainnet. The entity...