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Decentralized Exchange Volumes Double Overnight — A Look at the Top 3 Dex Platforms in 2021
30.6.2021
As crypto markets saw some recovery on Tuesday, decentralized finance tokens and applications have once again started swelling in value. Decentralized exchange (dex) trade volumes have increased a great deal, as daily swap volumes stemming from Ethereum-based dex applications have doubled since...
Chainflip: A Decentralised, Trustless Swapping Tool
30.6.2021
Chainflip is a decentralized, trustless protocol facilitating cross-chain swaps between different blockchains. The platform does not require users to have previous crypto knowledge or an intermediary to swap their tokens, as they can perform these functions in a few clicks. This way, Chainflip...
Dvision Network Open Beta Test (OBT) Goes Live ahead of Dvision World Launch
30.6.2021
PRESS RELEASE. One of the leading blockchain-based NFT & Metaverse platforms, Dvision Network, has revealed that its long-awaited “Open Beta Test” (OBT) is going live on June 30th 2021. According to Dvision Network, the Open Beta Test launch will be divided into several phases...
HSBC becomes first foreign entity onboarded to Dubai’s KYC blockchain
30.6.2021
HSBC plans to improve the KYC process for local investors and corporate clients by leveraging blockchain technology
Driving ‘purists beserk’: Co-chair of blockchain caucus wants to 'reverse' crypto transactions
30.6.2021
Democratic Representative Bill Foster has called for legal power to identify wallet holders and reverse crypto transactions in instances of criminal behavior such as ransomware attacks
Indians Hold $40 Billion in Cryptocurrency, Report Suggests
29.6.2021
Crypto investments in India have been gaining significant traction over the past year, blockchain data indicates. Despite the ambiguous regulatory situation in the country, more than 15 million Indians have bought or sold digital currencies. Indian Crypto Investments Increase Amid Regulatory...
Argo Blockchain receives $20M Bitcoin-backed loan from Galaxy Digital for Texas mining facility
29.6.2021
The U.K.-based mining firm's announcement comes amid the country's Financial Conduct Authority cracking down on crypto exchanges
Shield Finance Enters a Strategic Partnership With BSClaunch
29.6.2021
Striking a strategic partnership in cryptocurrency and blockchain domains is very important for the widespread adoption of these new-age technologies. Announcing one such relevant partnership, Shield Finance has joined hands with BSClaunch. This partnership will enable the BSClaunch to protect...
Legendary Hip-Hop Artist Jay-Z Enters the NFT Sphere — Rapper Lauds Blockchain and Smart Contracts
29.6.2021
Widely regarded as one of the most influential hip-hop artists in history, Shawn Carter, professionally known as Jay-Z, has been dipping his toes into the ocean of non-fungible token (NFT) collectibles recently. The American rapper has also partnered with Sotheby’s to auction an NFT called...
Reef Finance Integrates NFTify on its Blockchain Platform
29.6.2021
In an important collaboration, Reef Finance integrated NFTify on its blockchain ecosystem, Reef Chain. This will pave the way for NFT stores on NFTify to create the store on the blockchain ecosystem of Reef. In other words, this coming together will open up a new world of possibilities as DeFi...
Blockchain analytics firm Nansen secures $12M in Andreessen Horowitz-led raise
29.6.2021
The investment round will allow Nansen to continue building its analytics suite while also expanding its services to emerging networks like Polygon and Binance Smart Chain
Aada: Unlocking Access to Financial Freedom on the Cardano Blockchain
29.6.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Decentralized finance is here to stay, but it is also the future of finance. Since the launch of the first dApp on the Ethereum blockchain, we have witnessed the rise of an open economy.
With DeFi, the world’s...
Olyseum Launches Experiential NFT Platform to Strengthen Celebrity-Fan Engagement
28.6.2021
PRESS RELEASE. Geneva, Switzerland, June 28, 2021 — Olyseum, a blockchain-powered social ecosystem that rewards fan engagement, is excited to announce that it has launched the world’s first star-led experiential NFT (xNFT) platform. The platform aims to fundamentally change...
China’s Oldest Exchange Exits Bitcoin Business Amidst Regulatory Pressures
28.6.2021
BTCC, ostensibly the first cryptocurrency exchange established in China, exited the bitcoin trading business last week. According to statements, this was the result of the continued regulatory pressure Beijing is exerting on cryptocurrency businesses. The company will now transition...
Polygon-Based Defi Stablecoin Safedollar Plunges to Zero — Team Is Investigating Exploit
28.6.2021
The algorithmic decentralized finance (defi) stablecoin safedollar (SDO) has been attacked, according to statements published on its Telegram channel. The safedollar token did not remain stable following the attack, as the defi stablecoin’s price collapsed to zero. Safedollar Stablecoin Price...
PORT Network: DApp to Harness Sustainable Processing Power for Both Cloud and Volunteer Computing
28.6.2021
PRESS RELEASE. With an ever-increasing demand for computing power, PORT Network launches the first dApp to merge both Cloud and Volunteer computing on the blockchain. 28th June 2021, Düsseldorf, Germany – The demand for increased computing power is growing at an exponential rate....
Algorand & pNetwork Partner to Build Cross-Chain Connections
28.6.2021
pNetwork recently announced that they are partnering with Algorand, the PoS (proof-of-stake) blockchain focused on merging traditional and decentralized finance. pNetwork, known for its cross-chain system helping NFTs and assets to move between blockchain networks. The partnership will see...
Theta Guardian Node v3.0.2’s Release Enables Mainnet 3.0
28.6.2021
In a recent announcement, Theta Labs declared the launch of Guardian Node for Theta v3.0. The new version shall go through a hard fork at a block height of 10968061 for activating the features of Theta 3.0. It is now mandatory for the registered users to remain in sync after the hard fork height....
The Crypto Climate Accord Walks a Fine Line Between Self-Interest and the Greater Good
27.6.2021
As the spotlight turns once again towards the environmental impact of blockchain technologies, support for the Crypto Climate Accord has come from curious corners of the industry, raising questions about its signatories’ motives. Authenticity of CCA’s Support Remains Debatable With...
Blockchain Surveillance Firm Chainalysis Raises $100 Million, Company’s Valuation Now $4.2 Billion
26.6.2021
The blockchain intelligence and surveillance firm Chainalysis announced the company has raised $100 million in Series E funding from investors such as Coatue, Benchmark, Accel, Addition, Dragoneer, Sequoia Heritage, and SVB Capital. The financing brings the company’s valuation to $4.2 billion...