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ParaSpace team clashes with CEO over alleged whereabouts of protocol funds
10.5.2023
Protocol developers demand that CEO and CTO Yubo Ruan step down, while Ruan has accused the development team of an "illegal takeover."
Crypto Derivatives Protocol Vega's Mainnet Goes Live for Futures, Options Trading
10.5.2023
The blockchain, called Alpha, is said to be built mainly to support decentralized trading
DeFi Broker Prime Protocol Introduces Bridgeless Cross-Chain Token Transfers
9.5.2023
The protocol aims to eliminate the need for token bridges, wraps and swaps to make moving crypto tokens between blockchains safer
Africa Moves to Lightning, Stablecoins as Bitcoin Transaction Fees Soar
9.5.2023
Those already using stablecoins and lightning transactions are not affected, but for many in Africa, higher bitcoin fees are a problem
Binance Announces Lightning Network Withdrawal Implementation Amidst Bitcoin Network Congestion Issues
9.5.2023
Binance has announced its intention of implementing Lightning Network, a layer 2 Bitcoin scaling protocol, on its platform after experiencing an episode of congestion regarding withdrawals on the Bitcoin network. The exchange had to pause bitcoin withdrawals twice due to a large backlog...
Bitcoin’s ‘BRC-20’ Explosion Sends Users Scrambling for Options, Including Lightning
9.5.2023
The effects of the BRC-20 mints range from halting of bitcoin withdrawals on Binance to frustration with the sudden high costs of making bitcoin payments in places like Africa and South America
MakerDAO launches Spark Protocol, a new DeFi lending solution for DAI users
8.5.2023
The initial iteration of the Spark Protocol will function as a lending platform, offering supply and borrow functionalities for cryptocurrencies ETH, stETH, DAI, and sDAI
Zero-Knowledge Privacy Startup Webb Protocol Raises $7M
8.5.2023
Polychain Capital and Lemniscap co-led the seed round for the bridge protocol
Yachtify proving a smart investment ahead of Lido DAO & NEAR Protocol
8.5.2023
During bearish and bullish trends, investors are usually confused about how to go. Because of its unpredictability, investors want to invest in projects that guarantee them profits. Recently, Yachtify (YCHT) has become the darling of the crypto industry, while the often reliable Lido DAO (LDO)...
Bitcoin Network Congestion Causes Binance to Pause Withdrawals
7.5.2023
The world’s biggest crypto exchange has now resumed withdrawals, but problems continue to linger for the bitcoin protocol
Stripe tackles 'cold start problem' with the launch of fiat-to-crypto onramp
7.5.2023
Web3 companies can utilize the Stripe-hosted fiat-to-crypto onramp to allow their customers to buy crypto at the “precise moment they need it.”
BRC20 Token Standard Sparks Frenzy in Bitcoin Community With Market Cap Surpassing $95 Million
3.5.2023
As of May 3, 2023, the Bitcoin blockchain has witnessed a staggering 3.35 million Ordinal inscriptions, and a new experimental token standard known as “Bitcoin Request for Comment,” or BRC20, has garnered substantial attention in the past week. With 10,487 BRC20 tokens built using...
PipeFlare announces partnership with NEAR Protocol
3.5.2023
Something that can only be defined as game-changing has now come to light. PipeFlare has announced that it has joined hands with NEAR Protocol for the purpose of enhancing the onboarding experience of users. This is expected to help them go through the transition to Web3 gaming pretty seamlessly....
Paradigm and Blur Developers Announce Blend, a P2P NFT Lending Protocol – How Does it Work?
2.5.2023
The NFT marketplace Blur on Monday launched a new NFT-focused lending platform that operates without expirations and with no external price oracles like other lending platforms rely on....
Read More: Paradigm and Blur Developers Announce Blend, a P2P NFT Lending Protocol – How Does it Work?
Blur NFT lending protocol gets mixed reactions from the community
2.5.2023
Jesse Hynes, a Web3 lawyer, tagged the SEC and stated that this is the type of activity that they must safeguard investors from
Blur introduces NFT perpetual lending protocol
1.5.2023
Borrowing positions automatically roll their expiry, and can be refinanced should one party unilaterally decide to terminate
Crypto Firm FARE Protocol Raises $6.2M Ahead of Token Launch
1.5.2023
The fundraise was led by C Squared Ventures and Goat Capital, the firm co-founded by Twitch founder Justin Kan
The Mirror Protocol Unveils Groundbreaking Pre-sale on its Cutting-Edge Dashboard
29.4.2023
PRESS RELEASE. Pleasant Grove, Utah – The Mirror Protocol, a trailblazing decentralized finance (DeFi) project, proudly announces the launch of its highly anticipated pre-sale. This state-of-the-art platform empowers users to seamlessly diversify their portfolios with the most sought-after...
Terra Classic Advocates Propose Plan to Re-Establish USTC’s Peg With US Dollar, Token’s Value Surges by Over 9%
28.4.2023
Almost 12 months back, terrausd (UST), an algorithmic stablecoin, suffered a detachment from the U.S. dollar, causing the Terra ecosystem to crumble shortly thereafter. At present, supporters of the Terra Classic blockchain community are deliberating on a plan to revive the ecosystem...
DeFi Protocol 0VIX Loses Nearly $2M in Flash-Loan Exploit
28.4.2023
Decentralized finance (DeFi) protocol 0VIX has lost $2 million in a flash loan exploit, according to on-chain data