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US Watchdogs Send More Warning Signs to Altcoins & DeFi, But Coinbase Has a Plan
22.9.2021
ing to steal a march on regulators – by issuing its own proposals for policing the sector.In a video interview with the Washington Post, Gensler likened stablecoins to gambling tokens, stating that “Stablecoins are acting almost like poker chips at the casino gaming tables.”He stated that
Avalanche Defi Platform Vee Finance Attacked — $35 Million in ETH, BTC Siphoned
21.9.2021
On September 21, 2021, an Avalanche-based decentralized finance (defi) platform Vee Finance announced that it suffered from an incident that siphoned 8,804 ether and 213 bitcoin out of the system. The team has suspended the defi platform contracts and stressed that the stablecoins have not been...
DeFi’s potential means more institutional demand for next-gen tokens
21.9.2021
Ether’s impressive YTD gains have largely been overshadowed by the profits accrued by other smart contract-enabled projects
DeFi platform Vee Finance exploited for $35M on Avalanche blockchain
21.9.2021
Vee Finance says it suffered a $35 million attack just a few days after launching the mainnet on Avalanche last week
ShoeFy Secures $1.75m in Seed & Private Round 1
21.9.2021
The NFT platform, ShoeFy, has succeeded in raising $1.75 million in the first round of seed and private sales conducted by Oddinyana Ventures. The top investors who took part in round 1 of seed and private sale include BMW Capital, ChinaPolka, Ex Network Capital, DuckDao, Ragnar Digital Investment...
Senator Warren’s office confuses MakerDAO for failed 2016 project The DAO
21.9.2021
Elizabeth Warren’s office has allegedly confused top 10 DeFi protocol MakerDAO with an early experiment in decentralized autonomous organizations that failed in 2016
Data shows parabolic-style growth in layer-2-based DeFi and DEX platforms
21.9.2021
Layer-2-based DeFi and DEX platforms have seen an incredible surge in user activity, revenue and total value locked since the launch of Arbitrum and Avalanche’s cross-chain bridge
Ethereum forming a double top? ETH price loses 12.5% amid Evergrande contagion fears
20.9.2021
The pattern's neckline support near $1,984 emerges as Ethereum's downside target
Cryptocurrency Is Picking up Steam in Small Cities in India: Report
20.9.2021
Cryptocurrency usage and trading are experiencing a boom in India, and most of this growth is coming from small cities. According to reports from local exchanges, the growth has been exponential. The profile of these new participants has also been interesting, as they are highly educated, not only...
Latest DeFi hack targeting BSC sees $12.7M in Bitcoin stolen from pNetwork
20.9.2021
Roughly $12.7 million worth of tokenized Bitcoin has been stolen from the BSC-based cross-chain composability platform pNetwork
Cross-Chain Bridges That Connect 5 Different Blockchains to Ethereum
20.9.2021
During the last few months, cross-chain bridge technology has grown a great deal and users can now swap assets between a myriad of networks. Today, between eight different bridges there’s $7.6 billion total-value locked across these platforms. Cross-Chain Bridges There’s a decent...
ADALend: New Wave of DeFi Loans on Cardano
19.9.2021
ADALend is building a scalable and decentralized lending protocol on Cardano, governed by the community. Cardano is the market leader in PoS as a collection of protocols for economic support to billions of people. Over the last decade, the decentralized Finance (DeFi) space has been forced...
Wormhole Network Launches Ethereum Solana Bridge, Solana AMM Saber Surpasses $4 Billion TVL
19.9.2021
On September 17, 2021, Solana protocol fans were introduced to the launch of the Wormhole Network’s ethereum – solana bridge, which means assets between each chain can be intermingled. The launch announcement notes that Saber, the Solana-fueled protocol with more than $4 billion...
Defi TVL Climbs Higher, Optimism Use Rises, 270K BTC on ETH, Lending on ETH Taps $44 Billion
18.9.2021
In mid-September, the total-value locked (TVL) in decentralized finance (defi) continues to climb higher, as the value held on Ethereum, Binance Smart Chain, Avalanche, Solana, and more blockchains has risen dramatically to $171 billion today. On the Ethereum network, there’s 270,783 bitcoin...
Valuation of Stablecoin DAI Market Swells — DAI Market Cap Increased More Than 800% in 12 Months
18.9.2021
Recently Bitcoin.com News covered the stablecoin tether and how the crypto asset’s market valuation jumped more than 1,500% in just over 500 days. In addition to this exponential increase, the decentralized stablecoin DAI’s market capitalization has also swelled significantly...
NFT-based Fixed Lending Protocol Pledge Backed by Stanford Alumni Announces Successful Fundraise
18.9.2021
PRESS RELEASE. Pledge Finance is launching a cross-chain decentralized finance ecosystem, purpose-built for the financial sector following a successful private round in which it raised more than $3 million. Hong Kong – Pledge Finance, an algorithm-driven, multi-chain decentralized finance...
Finance Redefined: Maverick Vitalik in Time Mag, Sept. 13–17
17.9.2021
Vitalik in Top-100 innovators, Cardano’s smart contract launch and carbon NFT’s — all coming to you this week in Finance Redefined
MonoX raise $5M to launch single-token liquidity pools
17.9.2021
The automated market maker is currently in beta development and set to launch in Q3 2021
DAFI Protocol Integrates Polinate into Super Staking 2.0
17.9.2021
DAFI Protocol, the reward distributor for decentralized networks, has recently collaborated with Polinate, intending to spread its futuristic reward diffusion system in the entire blockchain universe. Polinate, a highly advanced hub for crowdsourcing has boosted the morale of the market players...
200 smart contracts on Cardano... but there’s a catch
17.9.2021
One third-party explorer puts the number of time-locked Cardano smart contracts over 2,000