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Crypto exchange OKEx launches DeFi hub and NFT marketplace
2.9.2021
OKEx is expanding its decentralized finance footprint with a DeFi Hub and a marketplace for creating and selling NFTs
Wault Finance: The World’s First Commerce-Backed Stablecoin WUSD
2.9.2021
Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.
Decentralized finance (DeFi) has shown a massive potential to transform the existing financial sector by introducing decentralization, security, and governance all within blockchain...
AOC, Pressley, Tlaib ‘Urge’ Biden to Replace Fed Chair With Someone Willing to Address ‘Climate Change’
1.9.2021
All the recent money creation from the Federal Reserve wasn’t enough, according to a few American bureaucrats, as three politicians from the House Financial Services Committee are urging U.S. president Biden to replace Fed chairman Jerome Powell with someone who will address “climate...
UK-based banking firm Standard Chartered joins Global Digital Finance patron board
1.9.2021
The bank joins Coinbase, Huobi, SIX Digital Exchange, 100x Group, and other industry leaders to advocate for the adoption of digital assets
Lithium Finance Collaborates With Pantera Capital to Price the Unpriced
1.9.2021
Lithium will now receive pricing data from the top crypto VC and investment fund on illiquid or private assets. The early-joiners of blockchain domains, such as blockchain companies, will get help from this pricing feature. This collaboration is the result of Lithium’s plan to push fiat assets...
Cream Finance to repay stolen Ether and Amp via protocol fees
1.9.2021
Cream Finance has identified the AMP integration error that caused a nearly $19 million loss for the protocol and aims to pay users back
Bitpay Implements 1inch Network Support — Wallet Users Can Access Defi, Dex Aggregation
1.9.2021
On August 31, the Atlanta-based cryptocurrency payments services provider Bitpay announced that the Bitpay wallet has integrated the decentralized exchange (dex) aggregator 1inch Network. Bitpay wallet users can utilize 1inch protocol to swap ether or the myriad of ERC20 tokens. The Bitpay Wallet...
Slovenian finance authority proposes 10% tax on crypto income
31.8.2021
Slovenian financial authorities have announced a proposal to tax cryptocurrency participants 10% on their asset income, specifically on purchasing and selling activities
Defi Platform Cream Finance Hacked, $29 Million Lost
31.8.2021
Cream finance, a defi borrowing and lending protocol, has been the victim of a hack that erased more than $29 million from its vaults. The attacker took advantage of a loophole in the implementation for adding the amp token to the protocol. This is the second time the platform has been involved...
Martin Luther King, Jr.’s Daughter Distances Herself From Fortnite Event
30.8.2021
To the surprise of many, Epic Games added a new mode to Fortnite last week celebrating the legacy of the March on Washington for Jobs and Freedom and the man who led it, Martin Luther King, Jr. But Bernice King, the civil rights icon’s daughter, has since distanced herself from the event. It...
BCH Defi Project Detoken to Close Its Doors Over Regulatory Climate Toward Crypto Derivatives
30.8.2021
On August 28, the Bitcoin Cash-based decentralized finance (defi) platform Detoken announced the project is closing its doors on September 4, 2021. The project’s founder, Semyon Germanovich, explained that the main reason for shutting the defi project down is because of the “changing...
Cream Finance DeFi platform loses $19M in a flash loan hack
30.8.2021
The Cream Finance hacker gained $18.8 million by exploiting a reentrancy bug in the AMP token in a set of 17 transactions
Cream Finance Suffers USD 25M Flash Loan Attack
30.8.2021
Decentralized finance (DeFi) project Cream Finance (CREAM) confirmed that they've suffered an exploit today.
"C.R.E.A.M. v1 market on Ethereum has suffered an exploit, resulting in a loss of 418,311,571 in AMP and 1,308.09 in ETH, by way of reentrancy on the AMP token contract," the team...
Crudeoil Finance Enters Into a Strategy-Based Partnership With Shibanova
30.8.2021
Users were overjoyed to learn that Crudeoil Finance partnered with Shibanova, one of the most well-known initiatives in the Binance Smart Chain field. Shibanova has already been working on a full ECO system centered on the Binance Smart Chain, which comprises a DEX (AMM), farming system, and other...
Jack Dorsey Discusses Square Building a ‘Bitcoin-Native’ Dex Platform, Project Lead Shares Insight
28.8.2021
On Friday, the CEO of Twitter and Square, Jack Dorsey talked about the decentralized exchange Square is constructing called “TBD” or the “TBD BTC DEX.” First mentioned in July, Dorsey tweeted that the company has “determined [TBD’s] direction and he also...
Meme-Crypto Wars: Dogecoin and SHIB Prices Falter, Cake Monster Jumps Over 800% in 7 Days
28.8.2021
In 2021, meme-based crypto assets skyrocketed in value following the lead of the original meme crypto-asset dogecoin’s massive gains. This week a great number of digital currencies have rebounded in price but a slew of popular meme tokens are not doing so hot this week. However, one specific...
Chips In Consoles Get Pricier, Could Make Them Even Harder To Score
26.8.2021
The global semiconductor industry suffered a potentially significant setback this week when Taiwan Semiconductor Manufacturing Co. (TSMC), a preeminent chip manufacturer that counts the likes of Apple, Toyota, and other global firms among its client list, announced a price hike for its suite...
Will Polkadot save decentralized finance from Ethereum’s scaling problem?
26.8.2021
Polkadot is trying to achieve scalability without compromising network security. Early signs suggest it may beat Ethereum 2.0 in the transaction fee race
Will Polkadot save decentralized finance from Ethereum’s scaling problems?
26.8.2021
Polkadot may beat Ethereum 2.0 in the transaction fee race
Penguin Finance Integrates Chainlink Verifiable Random Function
26.8.2021
In an important move, the Chainlink Verifiable Random Function (VRF) has been integrated by Penguin Finance. Penguin Finance is a well-known gamified hub on the Avalanche blockchain. By using the capabilities of VRF, it will be able to offer completely tamper-proof random numbers to choose...