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KyberSwap Resumes Elastic Protocol, Backed by Multi-Million KNC KyberDAO Security Fund
25.5.2023
KyberSwap, a leading decentralized exchange (DEX) platform, is thrilled to announce they will be resuming its highly anticipated Elastic protocol on May 25, 2023. This brings back key capital-efficient features such as concentrated liquidity and full range fees compounding, while incorporating...
DeFi protocol Voltz launches SOFR swaps on Avalanche
24.5.2023
Investors can now hedge against interest-rate risk in a DeFi environment by trading Secured Overnight Financing Rate (SOFR) swaps
Voltz Protocol Brings a Wall Street Rates Stalwart to DeFi
24.5.2023
SOFR – which Voltz’s new product is tied to through the Avalanche blockchain – is used to set interest rates on TradFi loans, bonds and other products in the U.S
AirGap announces staking functionality for Internet Computer Protocol
24.5.2023
AirGap earlier launched support for ICP or Internet Computer Protocol. It has now announced that it will support the staking functionality for the token. This is indeed an exciting development for the community, which will now be able to stake their ICP tokens and enjoy benefits including, but...
NFT marketplace enables cross-chain purchases on multiple networks
23.5.2023
Nonfungible token marketplace NFTrade now supports cross-chain purchases on Ethereum, Polygon, Avalanche and BNB Chain
In NFT Sales, Bitcoin Jumps to No. 2 Spot in a Matter of Months
23.5.2023
According to data platform CryptoSlam, NFTs on Bitcoin have grossed about $167 million in the past thirty days, creeping up on Ethereum’s number one position, which was roughly $397 million over the same period
Lido Proposes to Staking the Lido Protocol Token to Boost Utility and Sustainability
22.5.2023
The Ethereum staking provider Lido has proposed a staking mechanism for its native LDO token in an effort to boost the utility and financial sustainability of the token.
According to the proposal, posted on Lido’s governance forum on May 17, the staking program will enable token holders to stake...
DigiToads raised over $3.5M, while Solana & Near Protocol corrects
21.5.2023
The cryptocurrency market is known for its volatility, where prices can soar to unimaginable heights or plummet unexpectedly. This has recently been the case for prominent cryptocurrencies Solana (SOL) and Near Protocol (NEAR), as their values have experienced a downward trend. However, amidst...
Bitcoin Transaction Backlog Shrinks, but Over 289,000 Still Await Confirmation
20.5.2023
Although Bitcoin’s network transaction fees have decreased and a portion of the unconfirmed transfer backlog has diminished, the protocol still grapples with over 289,000 transactions awaiting confirmation. As of this writing, more than 218 blocks must be processed to fully alleviate this...
Vega Token Rallies Ahead of Protocol Possibly Going Live Monday
19.5.2023
The platform is awaiting an expected approval from the community, says Vega’s co-founder
Paraspace NFT protocol co-founder resigns after failing to overthrow CEO
19.5.2023
The Paraspace CEO and consultants accused each other of mismanaging funds with the Paraspace team asking the CEO to step down publically
Regulatory Battle: Grayscale Challenged by SEC’s Designation of Filecoin as Security
18.5.2023
Grayscale Investments, the largest digital currency asset manager by assets under management, made an announcement on May 17 regarding a comment received from the U.S. Securities and Exchange Commission (SEC). According to the SEC, the crypto asset filecoin qualifies as a security under federal...
Animoca Brands collaborates with Hooked Protocol
17.5.2023
Animoca Brands, a company that promotes digital property rights in the case of gaming and the metaverse, has successfully forged a strategic collaboration with Hooked Protocol. The latter is an all-inclusive edutainment network that is actively involved in the mass acceptance of Web3. Through this...
Lightning Labs launches rebranded 'Taro' amid Bitcoin's BRC-20 bottleneck
17.5.2023
Lightning Labs have unveiled a new solution to the clunky process for minting new assets on the Bitcoin network
Lightning Labs Releases 'Better' Version of Token Minting on Bitcoin After BRC-20s Clog System
16.5.2023
The project formerly known as "Taro" has been rebranded "Taproot Assets" after Lightning Labs was hit with a trademark infringement lawsuit. The new offering comes with a "core set of features to bitcoinize the dollar," according to the firm
Origin Protocol Enters Competitive Ether Yield Market With OETH Offering
16.5.2023
OETH is a yield-bearing, ether-pegged token, offering an easy way to maximize yield from ETH staking using protocols such as Curve Finance
Over 440,000 Ethereum Added to Liquid Staking Derivatives in Two Weeks
13.5.2023
In less than two weeks, the total value locked (TVL) in liquid staking derivatives has increased by 441,110 ether, worth roughly $793 million. While Lido Finance dominates the market with 74.35% of the TVL, competing liquid staking protocols Rocket Pool and Frax Ether have recorded double-digit...
Frogs, Fevers and Fees: Bitcoin’s New Governance Challenge
12.5.2023
The creation of Bitcoin-based meme coins using the new BRC-20 standard has driven up Bitcoin fees as they use more data than a basic Bitcoin transaction. But while some developers in the Bitcoin community are proposing a filter to block Bitcoin NFT projects, such censorship could run counter...
Among Bitcoin Developers, Debate Is Raging Over Whether to Censor Ordinals BRC-20s
12.5.2023
Despite calls for censorship, many developers agree that maintaining the status quo is the right thing to do for now
Collateral Network may outgrow Near Protocol and The Graph price
11.5.2023
There’s growing optimism in the crypto industry that Collateral Network (COLT) is poised to outgrow some unimpressive projects such as Near Protocol (NEAR) and The Graph (GRT). In this review, we beam our searchlight on COLT, GRT, and NEAR to give prospective investors an insight into these...