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GoByte Moves Forward With Wrapped GBX
6.9.2021
GoByte is taking its wrapped GBX project forward. It has finally entered the DeFi network. The wGBX will now be available on the Binance Smart Chain. It will operate through a two-way bridge that will both wrap and unwrap between the GBX on GoByte’s Mainnet and the wGBX on Binance. The wGBX...
UNI Drops on Report That SEC is Investigating Uniswap
3.9.2021
UNI took a dive following the reports that the US Securities and Exchange Commission (SEC) is investigating the developer of the major decentralized exchange Uniswap.
The SEC is looking into Uniswap Labs as part of their deeper examination of the digital asset market, and its decentralized side...
InsurAce.io Partners With Impossible Finance
3.9.2021
Impossible Finance has decided to enter into a strategic partnership with InsurAce.io. With a yearly premium cost set at 3.59% and an initial capacity worth $3.8m USD, Impossible Finance is now a part of the list at InsurAce.io dApp. The Founder of InsurAce.io, Oliver Xie, is looking forward...
SynFutures Props Up Assistance For BSC
2.9.2021
Trading gets smarter from today. SynFutures is a newbie in the derivatives protocol domain in the Closed Alpha stage V1. It recently declared that it has propped up assistance for the Binance Smart Chain (BSC), a capable blockchain platform in this area. Known for crypto modernizations and...
DeFi Is Not a New Concept and Is Misnamed As Decentralized - SEC Chair
1.9.2021
Gary Gensler. Source: a video screenshot, Youtube/Bloomberg Markets and Finance
Contrary to a popular belief, decentralized finance (DeFi) is “not really a new concept,” and also a misnomer, as DeFi platforms have “a fair amount of centralization” that includes governance mechanisms, fee models,...
DAO Invest to Assimilate Chainlink Keepers
1.9.2021
DAO Invest, a portfolio management ecosystem for decentralized crypto, announced on Tuesday that it will assimilate Chainlink Keepers, a industry yardstick oracle association for powering hybrid smart contracts, to automate passive income payouts for the entire DAO Invest community members on...
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 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 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...
RoboFi to Integrate With Chainlink VRF for RoboFi Game
27.8.2021
RoboFi, a DeFi platform working towards the new age of DAO crypto staking bots using a whole new concept named Initial Bot Offering (IBO), has announced that Chainlink Verifiable Random Function (VRF) integrated on the Blockchain of Binance Smart Chain. The firm will acquire fool-proof...
Solana Devnet Joins Hands With Chainlink Price Feeds
26.8.2021
Announcing the onboarding of Chainlink Price Feeds, Solana Devnet has officially confirmed that it has adopted Chainlink’s technology to offer more reliable price feeds on its platform. This particular association will be completed before the fourth quarter of the year and signifies the fruition...
CyberFi Collaborates With Wanchain for Crosschain Adaptability
25.8.2021
In a recent development, the automated DeFi crypto network “CyberFi” built an alliance with Wanchain. This business development between the two blockchain networks will enhance the adaptability of CyberFi’s crosschain system offerings ($CFi). Clients of the DeFi network of CyberFi will...
StaFi and Liqee to Introduce Lending Merchandise of rToken
25.8.2021
In a consolidated effort, Decentralized Finance conformity StaFi with the assistance of Liqee, will provide lucrative crypto lending merchandise. The commodity introduced through StaFi and Liqee’s business association is the “rTokens”. These tokens will factor into the lending peculiarities...
The Launch of ForceDAO on Avalanche
24.8.2021
According to Avalanche price prediction reports, ForceDAO finally announced the launch of structured products and novel strategies of stablecoin on the network of Avalanche. ForceDAO operates on decentralized blockchain networks to bring community investors and strategists together...
Bitcoin and Ethereum Remain Supported, BNB Rallies To USD 500
23.8.2021
Bitcoin price started a fresh increase above the USD 48,000 resistance. BTC even surpassed USD 50,000 and tested USD 50,500. It is currently (11:45 UTC) consolidating gains near USD 50,000 with a major support at USD 49,200.
Similarly, most major altcoins are trading in a bullish zone. ETH spiked...
Klaytn Enters Into a Collaboration With Beyond Finance
23.8.2021
Beyond Finance made headlines with the latest announcement of its partnership with Klaytn. This comes with the aim to incorporate decentralized trading of synthetic assets into the Klaytn ecosystem, thereby making the procedure accessible to millions of existing Klatyn users. As a result of...
UniLend Integrates With BSC to Ease Token Lending for Users
20.8.2021
Working as a powerful decentralized finance protocol that uses smart contracts to fuel trading and lending, UniLend has taken a step further to expand its network by going live on the Binance Smart Chain ecosystem. According to the announcement, the integration will allow UniLend to launch...
Mixin to Join Bytom 2.0 for Promoting Global Node Ecosystem
20.8.2021
Mixin Network and the Bytom Blockchain join hands in 2019. They have announced the upgrade for 2021 to add a few more strategies and advancements. The Exin team is an active developer in the ecosystem of Mixin and owns the staking node, Exin Pool. The EximPool voted for the Bytom 2.0 node...
Avalanche Announces a $180 M Liquidity Mining Program: Avalanche Rush
19.8.2021
Avalanche Rush plans to bring a blue-chip DeFi app to Avalanche. It is planning to launch two protocols- Curve and Aave. The Avalanche Foundation has recently announced a $180 liquidity mining incentive called Avalanche Rush. In addition, it is planning to introduce additional assets...