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Amberdata to Deliver Institutional Market Participants a Comprehensive Data Set on Avalanche
28.7.2022
Amberdata has announced to add Avalanche Network to its line-up of supported blockchains. Adding Avalanche Network gives network participants access to granular and dynamic data that they can leverage to power their research, analytics, trading, and reporting. Amberdata has created a proprietary...
Second Quarter Sees DeFi, NFTs, Gaming, And Developers Shining
27.7.2022
PolygonInsights for the second quarter of 2022 were recently published by the Polygon team showing the constant growth in four major sectors: DeFi, NFTs, Gaming, and Developers. The report tracks big changes in the said sector during April, May, and June. Bungee has entered the list of top 10 DeFi...
Top Low Cap DeFi Gems: Uniglo (GLO), Spookyswap (BOO), & Aave (AAVE) Gain the Attention of DeFi Analysts
26.7.2022
Market capitalization is typically used to rank cryptos – a higher market cap means more people are invested in it. Thus, the coin is perceived to be more reliable. On the other hand, tokens with a low market cap can be viewed as speculative and unreliable. Unfortunately, this assumption about...
Rigel Protocol and Router Protocol Announce Their Partnership
26.7.2022
Through this tactical and well thought coming together in partnership, Rigel Protocol and Router Protocol will be in the perfect position to accomplish the creation of innovative products and carry them through all across the numerous EVM blockchains. Across the spectrum, there are important...
PembRock Goes Live on the NEAR Mainnet
25.7.2022
PembRock has gone live on the NEAR Mainnet, becoming the first leveraged yield farming project to do so. PembRock has gone live with two most important functionalities: lending and farming. With this, PembRock has officially met yet another major milestone on its roadmap, with more to follow soon....
Decentralized Music Platform Audius Identifies Source of USD 6M Exploit, Says it Applied a Patch
25.7.2022
Decentralized music platform Audius has identified the bug that had allowed a hacker to pass a malicious governance proposal and transfer tokens worth USD 6m, adding that they have applied a patch to regain control of the protocol....
Read More: Decentralized Music Platform Audius Identifies Source...
Kylin Network and Onfinality Enter Into Partnership
22.7.2022
Kylin Network has published a blog post to announce its partnership with Onfinality, a leading infrastructure platform that supports the Polkadot/Substrate ecosystem. Under the partnership, Onfinality agrees to grant Kylin Network access to its API and one-click deploy collator nodes. Additionally...
Gnox (GNOX) Leads the Pack After 60+% Gain With Bitcoin (BTC) And Ethereum (ETH) Struggling To Keep Up
22.7.2022
Gnox has increased by 60% despite Bitcoin and Ethereum dropping and the rest of the market falling along with them. Many investors are perplexed about how this new protocol has performed so well in the current market environment. BTC and ETH are Finding it Difficult to Keep Up Today, investors...
DIA Closes Oracle Integration Via OKXChain for Data Libraries
21.7.2022
DIA recently announced closing its oracle integration with the help of OKXChain. The smart contract platform will help DIA to propose its data libraries, enabling the rapid development of dApps and NFTfi apps. The DIA team expressed delight about joining the OKC team, as it allows them to offer...
Encentive Web3 OS to Integrate TokenPocket DeFi Wallet
20.7.2022
Encentive Web3 OS recently announced integrating TokenPocket decentralized finance wallet. The integration will allow TokenPocket users to access Encentive seamlessly. In addition, it will lower the entry barriers to the Web3 industry. TokenPocket supports leading cryptocurrencies and chains...
Staking Pool Lido to Expand to Ethereum L2s, New Proposal Seeks 'Operating Runway' for DAO in Stablecoins
19.7.2022
Lido Finance, a decentralized finance (DeFi) protocol and third-party staking pool operator for Ethereum (ETH) 2.0, aims to expand services across various Ethereum Layer 2 (L2) scaling solutions. Meanwhile, a new proposal seeks to secure around two years of "operating runway" for Lido DAO...
Plasma.Finance & Ren Protocol V3 Partner for DeFi Cross-Chain Bridging
19.7.2022
Plasma.Finance recently announced a partnership with Ren Protocol v3. The collaboration will see the projects offering DeFi cross-chain bridging support for EVM and non-EVM chains. It includes Bitcoin, Dogecoin, Bitcoin Cash, stablecoins, and many more. Plasma.Finance aims to expand its all-in-one...
Cross-Chain Infrastructures: The Solution to Liquidity Fragmentation in Decentralized Finance (DeFi)
18.7.2022
Decentralized Finance (DeFi) has emerged as a rival to the traditional finance economy; this nascent crypto niche made a hallmark debut in the summer of 2020 following the launch of governance tokens and yield farming incentives. Two years down the line, a total of 4.8 Million unique wallets have...
Cowboy Snake Partners Roseon for Optimized Yield
18.7.2022
Cowboy Snake recently announced a partnership with Roseon, a mobile yield aggregator. The collaboration will see Cowboy Snake leverage Roseon’s NFT and crypto portfolio management. In addition, the projects will optimize yield across CeFi and DeFi networks. Cowboy Snake announced the partnership...
Mixers Receiving ‘More Cryptocurrency than Ever in 2022’ - Chainalysis
15.7.2022
Crypto mixers – services that exist to increase the anonymity of crypto users – are more popular than ever, while illicit addresses account for 23% of funds sent to mixers so far this year, a new report from blockchain intelligence firm Chainalysis has found.
The 23% number for these seven months...
These DeFi Tokens May Keep Your Portfolio From Needing A Checkup: Gnox (GNOX), Avalanche (AVAX), And Fantom (FTM)
15.7.2022
The bear market has arrived, and novice investors are feeling the cold. Bitcoin slowly descends and drags the rest of the market with it, altcoins are bleeding, and anyone who invested in this cycle is likely looking at huge losses within their portfolio. But DeFi (decentralized finance) continues...
7 DeFi Risks You Should be Aware of According to CoinShares
14.7.2022
Risks are inherent to all financial sectors, and decentralized finance (DeFi) is no exception.
The most common forms of financial risk in traditional finance (TradFi) include credit risk, liquidity risk, asset-backed risk, foreign investment risk, equity risk, and currency risk.
While some...
Celo Blockchain Introduces Uniswap v3 and Green Asset Pools
14.7.2022
The announcement of Uniswap v3 and the Green Asset pool launching on the Celo blockchain is welcomed, enabling all Celo users to have direct access to Uniswap DEX and pools. Considering this factor, the voluntary carbon will be the gainer and tremendously. What with receiving access and liquidity...
Safemoon V2 (SFM), Shiba Predator (QOM) & RoboApe (RBA): The Meme Coins Taking Over the Crypto Space
13.7.2022
Meme Coins are crypto-assets created from internet-based memes. Just like the literal meaning implies, these coins are humorous and give a light feel to the cryptocurrency market. However, following the creation of DogeCoin in 2013 from a meme, the crypto space has seen the birth of several others....
Morpho Generates $18M Co-Led by Variant and a16z
13.7.2022
Morpho recently closed its fundraising round co-led by Variant and a16z after raising 18 million dollars. Over 80 more investors participated in the event, including power users, founders, advisors, and builders. The venture will use these funds to revolutionize decentralized lending. Morpho...