Search
Despite Crypto Market Rout, Total Value Locked in Cross-Chain Bridges Jumps 9% in 30 Days
27.11.2021
30 days ago on October 28, the total value locked (TVL) in cross-chain bridges to Ethereum was around $22.48 billion and in the face of the recent market dump, the TVL still increased by 9.56%. At the time of writing, there are 135,148 unique depositors and Axie Infinity’s Ronin Bridge holds...
Layer-2 and multi-chain DeFi platforms see record inflows as Ethereum fees soar
4.11.2021
Since October, Multi-chain compatible DeFi platforms saw record inflows as investors and developers attempted to avoid the Ethereum network due to soaring gas fees
Total Value Locked in Cross-Chain Defi Bridges Exceeds $22 Billion, Jumping 48% in 30 Days
29.10.2021
On October 29, the total value locked (TVL) in decentralized finance (defi) protocols is around $243 billion with Curve capturing 7.76% of the dominance. Meanwhile, as ethereum has the largest dominance of TVL in defi, a number of alternative blockchains are seeing significant increases every week....
Cross-Chain Bridge Value Increases by 89% in Less Than a Month Surpassing $14 Billion TVL
10.10.2021
23 days ago on September 16, cross-chain bridges held around $7.79 billion total value locked (TVL) and since then the TVL has increased 89% since then to $14.75 billion. Currently, the top bridges include network connections like Polygon Bridges with $4.5 billion, Fantom Anyswap Bridge with $4.1...
Celer (CELR) gains 400% after traders embrace its multi-chain ‘cBridge 2.0’ solution
29.9.2021
CELR soars to a new all-time high following the launch of its cross-chain bridge that allows traders to jump back and forth between various layer-1 and layer-2 platforms
Yieldly Announces Multi-Chain Liquidity Partnership with Algorand
28.9.2021
Algorand’s huge Decentralized Finance universe will expand with the addition of the next essential building block by Yieldly- the foremost Algorand based DeFi cross-chain platform. Yieldly has informed that this building block will comprise four major blockchain Standard assets of Algorand,...
Refinable Lists on AscendEX
28.9.2021
PRESS RELEASE. AscendEX, a global digital asset trading platform, is thrilled to announce the listing of the Refinable token (FINE) under the pair USDT/FINE on Sept. 28 at 1 p.m. UTC. Refinable is an interactive, multi-chain capable NFT marketplace with a one-stop solution to create, discover...
Gavin Andresen Publishes Theory of Possible Crypto Future: Whales Shut Down the BTC Network in the Year 2100
24.9.2021
On September 21, former Bitcoin developer Gavin Andresen published an interesting blog post about “a possible [Bitcoin] future.” The blog post details a theoretical situation for the Bitcoin network in 2061, where most [bitcoin] transactions don’t happen on the [Bitcoin]...
Multi-Chain Future Brings Multiple Competitors to Bitcoin & Ethereum - Analysts
21.9.2021
on Monday with fellow analyst Wilson Withiam and Messari CEO Ryan Selkis, Ryan Watkins said that the current multi-chain environment provides “so many ways to be productive with your capital” that the question really becomes how bitcoin can continue to stay relevant in the future. And w
Pnetwork Protocol Gets Hacked, Loses 277 Bitcoin on Binance Smart Chain
21.9.2021
Pnetwork, a multi-chain bridging protocol, announced it was hacked yesterday, losing 277 pbtc (its bridged version of bitcoin) on Binance Smart Chain. The protocol acknowledged that an attacker managed to exploit a bug in its codebase to take control of the stolen bitcoin. The bridging contracts...
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...
Study Shows Cross-Chain Bridge Technology Growth, Bridges to Ethereum Exceed $7 Billion
16.9.2021
On September 8, 2021, Dmitriy Berenzon, research partner at 1kxnetwork, an early-stage crypto fund that helps founders bootstrap token networks, published a comprehensive research post concerning blockchain bridges. Berenzon’s study highlights the current “multi-chain market...
Genesis Shards Goes Live on Multi-Chain NFT Shop of NFTrade
2.9.2021
Today, NFTrade, in association with Genesis Shards, launched a new feature called ‘NFT Shops’, which enables projects and creators to assemble their collectible NFTs in one place so that users can swap, sell, browse, and buy these. This is irrespective of the NFTs being on multiple local...
Multi-chain infrastructure network Biconomy concludes $9M investment round
28.7.2021
The funds will be used to develop a “multichain relayer network” that provides solutions to Web 3.0 development issues
Celer launches cBridge mainnet, promising multi-chain compatibility
22.7.2021
The launch of cBridge Version 1.0 comes with a user interface and node software
Phantom raises $9M to launch multi-chain crypto wallet
14.7.2021
The Series A fundraiser was led by Andreessen Horowitz, with participation from Variant Fund, Jump Capital, DeFi Alliance and Solana Foundation. Angel investors from Compound, dYdX and Ethereum Foundation also participated
Reef Finance Partners With Multi-Chain Oddz Finance
16.6.2021
The deceleration of Oddz’s partnership with Reef Finance is overwhelming as it is the first operating system of cross-chain DeFi, allowing business with fluidity from Decentralized and Centralized Exchange with profit engine and smart aggregator. The feature of Substrate Framework has been...
BSC's Impossible Finance raises $7M for multi-chain DeFi incubator
4.6.2021
DeFi protocol Impossible Finance is building a multi-chain incubator to expand out from BSC
Mark Cuban Reveals Stake in Ethereum Layer 2 Scaling Solution Polygon
27.5.2021
Famed American entrepreneur and investor Mark Cuban has divulged a strategic investment in Polygon, highlighting his own use and embrace of the protocol’s multi-chain approach to Ethereum. Investment Accompanies Release of the Polygon SDK As major names line up behind Ethereum, notably...
Multi-Chain Structured DeFi Protocol raises 2.1M USD Private Funding
21.5.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Skyrim Finance is building the first multi-chain structured decentralized financial marketplace following a successful funding with close-knit investor support.
Multi-Chain Structured Finance Protocol Skyrim...