Search
PLEXUS joins Chainlink BUILD to boost cross-chain adoption
3.5.2023
PLEXUS is ecstatic to announce that it has decided to integrate successfully with the Chainlink Build program. Through this, they intend to accelerate the process of the ecosystem’s overall development as well as the future acceptance of their cross-chain DEX aggregator. This will...
Breaking the Barriers of Traditional Banking With Digital Assets
3.5.2023
Another one bites the dust! The banking industry in the United States is in trouble, and regional banks are feeling the squeeze. A number of banks have failed recently due to mismanagement, poor risk management, and other factors which are leading to bailouts and buyouts from large players....
DeFi landscape shakeup: PancakeSwap and Aave crypto outperformed by Collateral Network
2.5.2023
As the decentralized finance (DeFi) ecosystem matures, new projects are emerging to challenge established players. Among these, Collateral Network (COLT) is making waves during its presale phase as it has already witnessed a surge of 40% to the current price of $0.014 in stage 2, already...
UK Crypto Tax Advisors Welcome Proposed Changes to DeFi Lending, Staking Treatment
2.5.2023
The country’s tax authority is consulting the public on new rules it said are aimed at reducing the burden on crypto users
Thala Labs onboarding RWAs to Aptos with TProtocol
2.5.2023
Thala, which is a DeFi protocol with Move language support, is in the process of onboarding RWAs to Aptos through TProtocol. These assets are entirely uncorrelated to each other, as well as immensely liquid and yield-producing. This is in terms of Thala’s primary objective for $MOD collateral. ...
Liquid staking solutions now have more TVL than DEXs: DeFi Llama
1.5.2023
From April 13 to May 1, decentralized exchanges declined in TVL by $1.66 billion, while liquid staking protocols increased by $280 million
NFT Marketplace Blur Launches Blend, a Peer-to-Peer Lending Platform
1.5.2023
Short for Blur Lending, Blend will allow collectors to buy blue-chip NFTs with a smaller up-front payment, similar to a down payment on a house
Injective incorporates Astar Network and Polkadot assets
1.5.2023
Injective has managed to successfully incorporate Astar Network, through which it will be made possible for the Injective ecosystem, as well as the Cosmos community, to get effectively connected with Astar’s assets. In this way, two of the biggest networks get incorporated inside of the Polkadot...
April’s crypto scams, exploits and hacks lead to $103M lost — CertiK
1.5.2023
The month was particularly bad for exploits, with the amount lost accounting for half of the total crypto exploited so far in 2023
Ethereum’s Liquid Staking Protocols Attract 400,000 Ether After Shapella Upgrade
30.4.2023
Just over two weeks have passed since Ethereum’s Shapella upgrade on April 12, 2023, which occurred at block height 6,209,536, enabling stakers to withdraw for the first time. At the time of the upgrade, slightly over 8 million ethereum was locked into liquid staking protocols. Since then...
The Mirror Protocol Unveils Groundbreaking Pre-sale on its Cutting-Edge Dashboard
29.4.2023
PRESS RELEASE. Pleasant Grove, Utah – The Mirror Protocol, a trailblazing decentralized finance (DeFi) project, proudly announces the launch of its highly anticipated pre-sale. This state-of-the-art platform empowers users to seamlessly diversify their portfolios with the most sought-after...
DeFi Needs More Than ‘Synthetic High-Yield Products’: Dragonfly’s Haseeb Qureshi
28.4.2023
The venture capitalist discusses non-ZIRP monetary policy, rebooting crypto’s market structure and why Ponzi bubbles always burst
UK Treasury seeks input on taxing DeFi staking and lending: Finance Redefined
28.4.2023
The UK Treasury is seeking input on taxing the DeFi space, and on provisions around staking and lending
UK Considers Taxation Revisions for DeFi Lending and Staking Activities – Here's The Latest
28.4.2023
According to a consultation document, the UK government is seeking views on tax modification for decentralized finance (DeFi) lending and staking.
The government has initiated an open consultation to gather insights for drafting improved tax legislation on DeFi transactions.
The consultation...
DeFi Protocol 0VIX Loses Nearly $2M in Flash-Loan Exploit
28.4.2023
Decentralized finance (DeFi) protocol 0VIX has lost $2 million in a flash loan exploit, according to on-chain data
Uniswap Labs delivers Permit2 and Universal Router
28.4.2023
Uniswap Labs has taken the opportunity to deliver two fresh smart contracts. One of them is Permit2, which allows token approvals to be split and controlled across various applications. This helps build a more effective, secure, and competitively priced UX. The other smart contract is the Universal...
UK Treasury seeks input on taxing DeFi staking and lending
28.4.2023
The proposed regulatory changes seek to simplify how DeFi returns are taxed and reduce the “administrative burden” for taxpayers
BCH Bull Launches Production Release, While Cashfusion Fuses Over $2 Billion in BCH
27.4.2023
As the Bitcoin Cash enthusiasts brace themselves for the much-awaited upgrade that vows to unleash decentralized applications, General Protocols revealed a complete production release of its decentralized hedging application, boasting a doubled contract size. Meanwhile, those utilizing...
UK Tax Authority Proposes Legislative Change to Treatment of DeFi Lending, Staking
27.4.2023
The proposed framework, now open for public consultation, will also apply to crypto lending and staking through intermediaries, the authority said
Veteran Crypto Reporter Brady Dale Discusses New FTX Book
27.4.2023
The former CoinDesker has written an account of Sam Bankman-Fried's downfall, and longevity of decentralized finance (DeFi)