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Near Raises USD 150M, Pakistan's Central Bank vs. Crypto, Bitstamp's Growth Plan + More News
13.1.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Near Raises USD 150M, Pakistan's Central Bank vs. Crypto, Bitstamp's Growth Plan + More News
LooksRare Outperforms OpenSea NFT Volume with 20x Fewer Users
13.1.2022
LooksRare, a novel non-fungible token (NFT) marketplace, has exceeded USD 931.33m in trading volume since its official launch on January 10. During the same span of time, the major NFT marketplace OpenSea has recorded a volume of USD 219.2m, according to Dune Analytics data.
LooksRare...
DMEX Has Reached a Strategic Partnership with Channels
13.1.2022
On January 11, 2022, DMEX, the decentralized mining platform has made an announcement about its strategic partnership with channels. Channels is a decentralized lending portal that gives special importance to the security of its users. Not only this, but it also supports LP smart staking pool...
Panther Partners with ShapeShift to Add Interoperable Privacy to DeFi and Web3
13.1.2022
The Panther Protocol is collaborating with ShapeShift. ShapeShift has implemented new steps recently, shifting from an exchange aggregator to a complete crypto management portal and announcing its complete decentralization. The collaboration between the Panther and ShapeShift will help in...
Coinbase to Launch Crypto Derivates in US, While Lawmakers Urge CFTC to Beef up Crypto Regulation
13.1.2022
The crypto exchange giant Coinbase wants to launch crypto derivatives products, but claims that it will do so in a “robust and holistic” manner, as part of a plan to help form a “regulated” derivatives market – but American lawmakers want tighter regulation in the sector....
Read More: Coinbase...
How DeFi Can Help Narrow Wealth Gap
13.1.2022
Hisham Khan, CEO of Aldrin, a Solana-powered crypto exchange._____
In 2021, we saw crypto become more accessible to those who truly need it. In 2022, we could finally see the wealth gap start to narrow.
While a significant portion fueling the adoption of crypto has been hype and speculation...
Panther Partners With ShapeShift to Add Interoperable Privacy to DeFi and Web3
12.1.2022
PRESS RELEASE. As Panther pushes towards the decentralization of our protocol from Day 1 with LaunchDAO, the first-ever private and decentralized project launch, the team has unveiled a new, exciting partnership. Panther Protocol is partnering with ShapeShift, a household name of the crypto...
dYdx outline plans for full decentralization in late 2022
12.1.2022
The blog post prompted participants of the platform to “trust code instead of corporations” in their pursuit of decentralization
Thorus Aims to Become the First DEX on the Moonbeam Network
12.1.2022
Thorus, a leading name in the DeFi domain, is now extending its capabilities to become the first automated market maker (AMM) decentralized exchange on the Moonbeam. This development is expected to expand the number of innovative products. Thorus has partnered with Multichain to help the former...
Centralization Caused Most Decentralized Finance Hacks in 2021
12.1.2022
Centralization issues have emerged as the main attack vector in decentralized finance (DeFi), facilitating the largest share of the hacks -- with USD 1.3bn worth of user funds stolen in 44 DeFi attacks last year, according to a recent report by security-focused ranking platform CertiK.
CertiK’s...
EverRise Director Jenn Duong on Developing Secure dApps and the Issues Facing the DeFi Space
12.1.2022
EverRise is a blockchain technology company that offers bridging and security solutions across blockchains through an ecosystem of decentralized applications. Through their innovative security focused ecosystem, EverRise provides investors and developers the tools to access the widest possible...
UniLend Finance & Mobius Finance Collaborate to Disrupt Money Markets in DeFi
12.1.2022
The collaboration of UniLend Finance with Mobius Finance will help the UFT token holders to mint moUSD by using UFT as the collateral. This collaboration will help both parties. Following are its benefits: Once it gets integrated with Mobius Finance, the systems will enable the traders to trade...
‘Centralization issues’ are the biggest culprits of DeFi attacks: CertiK
11.1.2022
DeFi is one of crypto's biggest growth stories, but it's also riddled with the most controversy. The sector lost $1.3 billion due to exploits in 2021
Crypto Paradigm Enters Citadel, JPMorgan Clients on Bitcoin Price + More News
11.1.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Crypto Paradigm Enters Citadel, JPMorgan Clients on Bitcoin Price + More News
Elrond Network Acquires Web3 Payment Solution Utrust, UTK Rallies
11.1.2022
Internet-scale blockchain Elrond Network (EGLD) announced the acquisition of Web3 cryptocurrency payment solution Utrust (UTK) for an undisclosed amount.
At 10:40 UTC, EGLD is trading at USD 198 – it’s up 2% in a day and down 16% in a week. It has appreciated 445% over the past year. UTK...
EverRise Launches EverSwap With a Native Coin Swap to Facilitate Cross-Chain Exchanges
11.1.2022
PRESS RELEASE. EverRise launches their fifth decentralized application (dApp) today, EverSwap, a multi-chain decentralized exchange (DEX), with a Native Coin Swap feature powered by their cross-chain bridging dApp EverBridge. The Native Coin Swap (NCS) functionality lowers the barrier to entry...
Terra Proposal Seeks to Expand UST Stablecoin to 5 Different Defi Protocols
10.1.2022
On January 6, Terra Research announced a proposal to expand the network’s stablecoin asset terrausd (UST) across a number of different protocols on Polygon, Ethereum, and Solana. Terra’s governance blog post discusses how the proposal to leverage $139 million of UST can bolster...
Moviecoin․com to Transform Movie Financing on Blockchain
10.1.2022
PRESS RELEASE. London, England, January 10, 2022: Moviecoin.com brings movie funding and decentralized finance (defi) to both independent movie-makers and larger budget movies. Moviecoin.com will allow any budding movie producer, director, or writer to finance their own script and movie....
JPMorgan Shares Predictions on Crypto Markets, Ethereum’s Upgrades, Defi, NFTs
10.1.2022
Global investment bank JPMorgan has published a report on the future outlook of crypto markets, including Ethereum’s upgrades, decentralized finance (defi), and non-fungible tokens (NFTs). The bank sees “the cryptocurrency markets as increasingly relevant to financial...
Value Locked in Defi Slips 10% in 4 Days, Ethereum TVL Dominates at 58%
8.1.2022
Four days ago, the total value locked (TVL) in decentralized finance (defi) was coasting along at $255.84 billion and since then, the TVL has dropped ​​8.55% in value. During the last 24 hours, the TVL has slid 2.80%, and Curve’s $23 billion locked today represents 9.84%...