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Metamask Surpasses 10 Million Monthly Active Users, Climbing 1,800% in 12 Months
31.8.2021
On Tuesday, the noncustodial digital currency wallet Metamask announced that the platform has surpassed 10 million monthly active users (MAUs). Year-to-date, Metamask has seen 19x growth since July 2020 as MAUs climbed 1,800% in 12 months. Metamask Hits Over 10 Million Monthly Active Users...
Decentralized exchanges and aggregators drive DeFi growth
31.8.2021
In the DEX segment, aggregation services are likely to continue gaining a bigger piece of the pie at the expense of decentralized exchanges
Ethereum price poised for 40% rally vs. Bitcoin after breaking out of four-month range
31.8.2021
The Ethereum blockchain native asset broke its downward sloping resistance trendline to the upside, triggering a textbook bullish outlook
BitPay wallet integrates 1inch Network DEX aggregator
31.8.2021
Decentralized exchange aggregator 1inch has been integrated into the crypto wallet app BitPay, enabling users to access its rates for their crypto swaps
MetaMask surpasses 10M monthly active users as DeFi continues to surge
31.8.2021
Demand for noncustodial wallets continues to surge amid the DeFi and NFT booms. MetaMask has been a primary benefactor, as active monthly users have grown 19-fold in just over a year
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...
Aave, Curve, PoolTogether, Sushi and Others Joining Celo for DeFi Collaboration
31.8.2021
DeFi or Decentralized Finance is a rage in almost all parts of the world. Many had their reservations when DeFi was launched, but the recent trends have brought in the required support. Presently, the community of DeFi is growing at a fast pace and it will soon be open for smartphone users. DeFi...
Fantom price gains 100% after launching a 370M FTM incentive program
30.8.2021
FTM gained 500% in the past 6 weeks and a newly launched $320 million incentive program could see the rally extend further
Decentralized Bitcoin Exchange, USD 100M DeFi Initiative + More News
30.8.2021
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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Exchanges news
Payment giant Square and social media giant Twitter CEO Jack Dorsey said that Square's new division focused on creating...
Leading DeFi projects launch $100M global adoption initative
30.8.2021
The initiative — built on the Celo ecosystem — identified the lack of inclusivity and accessibility in the traditional financial markets
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...
Fantom Rallies, Solana Hits USD 100 on Continued DeFi, NFT Craze
30.8.2021
The smart contract platform Fantom and its FMT token stood out as the big winner in the crypto market today, after a massive weekend price rally fuelled by growth in the decentralized finance (DeFi) and non-fungible token (NFT) trading. Meanwhile, the Solana network’s native token SOL also shot...
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...
Umbrella Network Collaborates With Genesis Volatility
30.8.2021
Known for its highly-efficient, scalable, and trusted oracle services devoted to DeFi and blockchain firms, Umbrella Network has entered into a strategic partnership with Genesis Volatility, a renowned analytics portal for crypto options trading. With this collaboration, Umbrella Network will...
Beleaguered DeFi project xToken suffers second major exploit since May
30.8.2021
xToken has been exploited for around $4.5 million following the latest attack targeting the DeFi protocol’s smart contracts
Ethereum Fees Jumped 154% Since Last Week, $400 Uniswap Fees, $1K to Interact With Opensea
29.8.2021
Following the bug and the split that occurred after a great number of Geth nodes did not upgrade, Ethereum fees have risen dramatically since August 21, jumping from $11 per transaction to today’s 0.0088 ether per transaction ($27.98). Ethereum Transaction Fees Skyrocket Ethereum is...
Polygon DeFi Yield Farming on AscendEX
29.8.2021
PRESS RELEASE. AscendEX, a leading cryptocurrency trading platform, is excited to celebrate Polygon (Curve) Yield Farming on their staking portal by offering an increased APR for active participants. For a limited time, AscendEX users will earn extra returns while Yield Farming with Polygon for...
Cosmos (ATOM) rallies after launching a cross-chain bridge and wrapped Bitcoin
29.8.2021
ATOM price booked triple-digit gains after the network built out its DeFi ecosystem and works on cross-chain bridges for ETH and BTC
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...