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Circle Announces the Stablecoin USDC Is Now Supported by the Polygon Network
8.6.2022
Circle, the issuer of the stablecoin usd coin (USDC), announced that the project is now supported on the Polygon network. The stablecoin with the second-largest market capitalization can now be withdrawn via a Circle Account and Circle APIs without the need for manual cross-chain bridge technology....
DeversiFi Launches Cross-Chain Swaps for Bridgeless DeFi Transactions
8.6.2022
The DEX aims to eliminate the gas fees and extra steps associated with multi-chain ecosystems, even if it sacrifices network security
Aurora pays $6M bug bounty to ethical security hacker through Immunefi
7.6.2022
Over $200 million worth of users' funds could have been at risk if the whitehat chose to exploit the vulnerability for personal gain instead of reporting it to developers
Bitcoin, Ethereum Technical Analysis: BTC Gains Prior to NFP Report, Following a Cross of Moving Averages
3.6.2022
Bitcoin was once again trading above $30,000, as markets were anticipating the release of May’s non-farm payrolls report. Whilst BTC was back in the green, ETH continued to trade lower, and as of writing is below $1,800. Bitcoin Following a drop in price on Thursday, BTC was back in...
Co-Founder of Africa Focused Fintech: Traditional Banks Not Optimized to Serve the Unbanked
2.6.2022
For years, traditional financial institutions in different parts of the world have been attempting to narrow the financial exclusion gap by extending their services to the unbanked population. Yet for many reasons, these institutions still cannot avail their products and services to everyone that...
Provision Allowing Cryptocurrency Payments in Foreign Trade Added to Russian Bill
29.5.2022
A proposal to permit companies to use cryptocurrency in cross-border settlements has made its way to a draft law designed to regulate Russia’s crypto space this year. According to a press report, the finance ministry has introduced a number of revisions to the legislation it has been working...
Sequel to Iconic RPG Ni No Kuni to Feature NFT Integration and Play-to-Earn Mechanics
29.5.2022
The new installment of Ni No Kuni, an RPG franchise brought by independent gaming studio Level 5 and animated by Studio Ghibli, has launched with blockchain elements present. The game, which has been designed for mobile and PC platforms, introduces a token system that lets players use their...
Is there a secure future for cross-chain bridges?
29.5.2022
For all the flak they have been getting recently, cross-chain bridges bring too much value to the blockchain space to ditch them
Dvision Network Announces Binance Custody as Its Custodian With DVI Token Supported
28.5.2022
PRESS RELEASE. In another groundbreaking achievement, the blockchain-based metaverse platform Dvision Network has just announced its official onboarding on Binance Custody. As such, Binance’s custody services arm will support deposits and withdrawals of Dvision’s native token, DVI,...
Injective partners with Wormhole to bring 10 new blockchains to the platform
26.5.2022
“Users will soon find Wormhole integrated into the backend of the Injective Bridge whereby transferring assets from distinct EVM chains or Solana can be done with the click of a button,” Injective Labs stated
SWIFT Is Experimenting With Decentralized Technologies to Allow CBDC Interconnection
22.5.2022
SWIFT, the interbank payments protocol and messaging system, has announced it is working to connect the different central bank digital currency (CBDC) protocols in development today. The company has partnered with Capgemini, a digital services provider, making a series of experiments to ensure that...
Bitcoin 'death cross' data hints 43% drop due in BTC price bear market
20.5.2022
Based on historical tendencies, $22,700 could now mark the next "generational bottom" for Bitcoin, new analysis says
Terra Collapse Continues to Plague Defi — Value Locked in Cross-Chain Bridges Down 20% This Month
19.5.2022
Following the aftermath of the Terra blockchain fiasco, decentralized finance (defi) continues to feel the impact of the project’s fallout. During the last four days the total value locked (TVL) in defi has dropped 2.61% in value, and cross-chain bridges have lost roughly 20.3% during...
Fall Guys Gets Free-To-Play Overhaul Next Month
17.5.2022
It was a big day for jelly bean battle royale Fall Guys. Mediatonic announced the pandemic-era hit would go free-to-play, land on Xbox and Switch next month, and start its seasonal calendar over from scratch again. It’s effectively going the Rocket League route, but three years ahead...
Trust in Decentralized Finance Rattled After $100 Billion Left the Defi Economy
15.5.2022
The effect of Terra’s demise continues to shine a light on the fragility surrounding the decentralized finance (defi) ecosystem. Things have changed a great deal following Terra’s aftermath, as the total value locked (TVL) in defi has plummeted from $231 billion to today’s...
Trek To Yomi Sure Does Love Having You Cross Bridges
14.5.2022
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Polkadot Launches First Cross-Chain Link Between Acala & Moonbeam
13.5.2022
Moonbeam has announced a cross-chain link with Acala using HRMP bidirectional channels that allow token transfers and native communications between the chains without any bridges. The connection uses XCM on the Polkadot platform as XCM was recently released. However, many more will undoubtedly...
Terra Fiasco Stirs Value Locked in Defi — Lido, Anchor Plummet to Lower Positions
11.5.2022
Decentralized finance (defi) protocols are having a hard time weathering the storm, as the total value locked in defi today is down 39.26% since April 3, from $230.18 billion to the current $139.81 billion. The sudden value drop stemming from Terra’s native assets, LUNA and UST, has pushed...
Value Locked in Decentralized Finance Slides 17% Lower Over the Last 30 Days
8.5.2022
The value locked in decentralized finance (defi) protocols has lost 17.77% over the last 30 days, falling from $221.67 billion to today’s $182.27 billion. Moreover, statistics show the total value locked (TVL) across a broad range of defi protocols shed significant value during the last...
Will Polkadot (DOT) price reverse course now that cross-chain messaging is live?
6.5.2022
DOT price could find reason to rally now that cross-chain messaging on Polkadot brings new interoperability, liquid staking and options to mint aUSD stablecoin