Search
Conspiracy Theories Abound as Terra Tries to Save UST
10.5.2022
TerraUSD (UST), an algorithmic stablecoin hosted by the Terra network and created by South Korea's Terraform Labs, has once again lost its dollar peg after a wave of sell-offs hit the crypto market.
The stablecoin, which is supposed to maintain a value of USD 1 by creating and destroying supply...
Compound Treasury receives B- credit rating from S&P Global Ratings
9.5.2022
Though the protocol offers an arguably lucrative yield of 4% per year, it's only available to accredited investors as of now
Compound’s Enterprise Arm Receives S&P Credit Rating in DeFi First
9.5.2022
The iffy B- grade applies to Compound Treasury, a platform promising 4% yield for USDC-denominated business accounts
Ukraine's New Fundraising Platform Supports Over 100 Cryptos
9.5.2022
Ukraine's President Volodymyr Zelenskyy has launched a new fundraising platform, dubbed United24, which accepts donations in more than 100 different cryptoassets.
The list of supported cryptoassets ranges from popular cryptos like bitcoin (BTC), ethereum (ETH), binance coin (BNB), to recently...
DeFi Locked Value Falls to Yearly Low, $27B Lost Over the Weekend
9.5.2022
The drop is likely due to falling token prices and risk-off sentiment in the broader market, analysts said
Aave Launches V3 to Boost DeFi’s Mainstream Adoption
9.5.2022
The popular DeFi protocol Aave is drafting new expansion plans as its TVL reaches 18 billion dollars. The team hopes to exploit the demand and make DeFi mainstream through the new and improved V3 protocol launch. Reportedly, the V3 protocol would address some of the fundamental issues of...
DeFi Lending Protocol Fortress Loses All Funds in Oracle Price Manipulation Attack
9.5.2022
Fortress, decentralized finance (DeFi) lending protocol with an algorithmic money market and a synthetic stablecoin, has suffered an oracle price manipulation attack that resulted in the loss of all of its funds.
"Fortress has been hit with what we believe is an oracle manipulation attack...
Value Locked in Decentralized Finance Slides 17% Lower Over the Last 30 Days
8.5.2022
The value locked in decentralized finance (defi) protocols has lost 17.77% over the last 30 days, falling from $221.67 billion to today’s $182.27 billion. Moreover, statistics show the total value locked (TVL) across a broad range of defi protocols shed significant value during the last...
Just How Sustainable Are Play-to-Earn Gaming Pyramids?
8.5.2022
__________
The play-to-earn (P2E) GameFi sector was one of crypto’s biggest success stories in 2021, with Axie Infinity alone accounting for USD 3.5bn in NFT sales last year. This is in addition to the increasingly high market capitalizations of a growing number of play-to-earn tokens, with...
Tron DAO Reserve Purchases $38 Million in TRX to Safeguard the Stablecoin USDD
8.5.2022
On May 5, Tron’s algorithmic stablecoin USDD went live and so far, the fiat-pegged token has been listed on a number of decentralized finance (defi) protocols. Two days later, the Tron DAO Reserve announced it purchased 504.6 million tron (TRX) to back the algorithmic stablecoin, as...
Anchor Protocol’s Earn Rate Adjusts for the First Time, From 19.4 to 18% APY
7.5.2022
Following the governance vote that aimed to implement a semi-dynamic earn rate for the Anchor Protocol, the decentralized finance (defi) platform’s earn rate adjusted downward for the first time this month. After holding steady with a 19.4% annual percentage yield (APY) since the project...
Anchor Protocol rebounds sharply after falling 70% in just two months — what's next for ANC?
7.5.2022
The total value locked inside the Anchor Protocol's liquidity pools reached an all-time high earlier this week
USDT vs. USDC vs. UST: How Do They Compare?
7.5.2022
Stablecoins are taking an increasingly growing market share of the overall crypto markets as the demand for digital dollars continues to rise among crypto investors.
Read on to learn about the similarities and differences between USDT, USDC, and UST in this stablecoin comparison guide.
Tether...
Finance Redefined: DeFi protocols lost $1.6B, EU to rethink DeFi approach and more
6.5.2022
The week in DeFi saw European lawmakers write a new chapter on DeFi, Virginia county plans to put its pension fun in a DeFi yield, DeFi protocols lost $1.6 billion to exploits and more
Top 5 Play-to-Earn Games on Polygon
6.5.2022
Play-to-earn (P2E) gaming is booming, with players across the globe connecting their crypto wallets and playing their favorite games to earn crypto.
Read on to discover the top five blockchain games on Polygon....
Read More: Top 5 Play-to-Earn Games on Polygon
Uniswap Has Deeper Liquidity Than Coinbase & Binance, Uniswap Co-Authored Study Claims
6.5.2022
The popular decentralized exchange (DEX) Uniswap (UNI) has deeper liquidity in several important crypto trading pairs than even the largest centralized exchanges such as Binance and Coinbase, according to a new study, co-authored by a researcher at Uniswap....
Read More: Uniswap Has Deeper...
Polkadot is Now a Fully Interoperable Multichain
6.5.2022
Polkadot recently completed its upgrade that facilitates parachain-to-parachain messaging on the network. The platform is using XCM cross-consensus messaging to enable the same. This latest upgrade allowed the Polkadot parachain network to officially become a completely interoperable multichain...
New Zealand VC Launches $5 Million Web3 and Crypto-Focused Fund
6.5.2022
New Zealand-based venture capital firm Global From Day 1 (GD1) recently said it had launched a $5 million Web3 and crypto-focused venture capital fund to back local startups. The fund will invest in pre-seed to Series A companies across decentralized finance (defi), decentralized autonomous...
Orbs Adds Coin98 Crypto Wallet for Staking from Tetra
6.5.2022
The blog post shared on the Orbs website confirmed that the Coin98 crypto wallet is officially added for ORBS staking. Orbs holders can use the easy-to-use staking interface directly for the Coin98 mobile available in both Android Play Store and Apple App Store. Staking has become one of the most...
DeFi Tokens Are April's Biggest Losers as Revenues Fall; Memecoins Outperform
6.5.2022
The past April saw bearish sentiment despite being a historically favorable month for cryptocurrencies