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Ethereum Blockchain Migrates to Proof of Stake After Completion of The Merge
15.9.2022
The Ethereum blockchain officially migrated to the proof-of-stake (PoS) consensus mechanism as the anticipated “Merge” finally occurred around block height 15537391 on September 15. The protocol’s co-founder Vitalik Buterin has described The Merge as “a big moment...
Near Protocol Supports Tether USDT, Stablecoin Is Now Hosted on 14 Blockchain Networks
12.9.2022
On Monday, the stablecoin issuer Tether Operations Limited announced that the stablecoin tether is now supported by the Near blockchain network. Following a number of recent implementations, Near will be the 14th blockchain network that hosts the largest stablecoin by market capitalization. Tether...
More resilient and user-controlled than the AWS: Colin Evran's vision for Filecoin
12.9.2022
“Filecoin is more than just storage, one can think of it as an Airbnb for cloud services."
Tether USDT stablecoin goes live on Near Protocol to boost DeFi presence
12.9.2022
Tether USDT is now live on 11 blockchain networks, including the NEAR Network, Polygon, Kusama, Ethereum, Omni and others
Biggest Movers: SOL, Near Protocol up by Over 10% to Start the Week
12.9.2022
Solana moved closer to the $40.00 mark on Monday, as it rose for a sixth straight session to start the week. Bullish momentum in the world’s ninth largest cryptocurrency intensified, following a breakout of a resistance point of $36.35. Near protocol was also in the green, as prices rose...
NEAR Protocol Forms Working Group to Promote DeFi Governance
12.9.2022
The NEAR Digital Collective is a self-governance initiative aimed at further decentralizing the NEAR ecosystem’s decision-making by moving it onto the blockchain
Blockchain Supporter NEAR Unveils $100M VC Fund Targeting Web3 Culture and Entertainment
12.9.2022
30% of Today’s Staked Ethereum Is Tied to Lido’s Liquid Staking, 8 ETH 2.0 Pools Command $8.1 Billion in Value
11.9.2022
In roughly three days Ethereum is expected to transition from a proof-of-work (PoW) blockchain network to a proof-of-stake (PoS) version via The Merge. Ahead of the transition, the liquid staking project Lido has seen a lot more activity as the value locked in the protocol increased by more than...
With $2․4M Fundraising in Seed Round, KNN3 Network Races to Provide a Multi-Chain Relationship Aggregating Protocol for d/App and Smart Contract
9.9.2022
PRESS RELEASE. Web3 relationship aggregator KNN3 Network announced it had raised $2.4M in a seed round led by HashGlobal and Liang Xinjun, former co-founder of Fosun International. Mask Network, MetaWeb Venture, Eniac Venture, Tess Venture, Stratified Capital, Fundamental lab, Incuba Alpha, Zeuth...
Japanese Government Rewards Local Authorities With Non-Transferable NFTs
9.9.2022
According to reports, the Japanese government is one of the first countries to use non-fungible tokens (NFTs) as a supplementary award to local authorities that excelled in a digitization competition. The awards were given to local authorities as recognition for their efforts in using digital...
Biggest Movers: ATOM Hits 4-Month High, NEAR up 10% on Thursday
8.9.2022
Cosmos moved to a four-month high in today’s session, as crypto markets rebounded following Wednesday’s sell-off. Prices of the token broke out of a key resistance point this afternoon, reaching the milestone. Near protocol was another notable mover, as it hit a three-week high....
DeFi Lending Protocol Notional to Offer New Leveraged Product
8.9.2022
The protocol plans to launch three “leveraged vaults” next month that allow users to trade up to 10 or 20 times their initial capital
Everyone Is Talking About Privatixy Protocol: Here is Your Complete Guide
8.9.2022
Large-scale data gathering, storage, and transmission were complex for many people before the present digital progress. The advancement of modern computing systems and the internet has simplified these operations, but not without a fundamental issue: maintaining the privacy of consumers’...
Kittynomica Overtakes Shiba Inu and Near Protocol in Popularity As It Seeks to Catalyze the DeFi ecosystem, One Innovation At A Time
8.9.2022
DeFi is the latest buzzword in the world financial services ecosystem and catalyzes how investors approach personal finance. Based on blockchain technology, the key USP of DeFi protocols is the way they eliminate third-party institutions’ roles like brokerage firms or central banks. What follows...
Hubble Protocol Raises $5M to Expand Solana-Based DeFi Protocol
8.9.2022
The protocol aims to create a Solana-based MakerDao equivalent: a DeFi protocol with a U.S. dollar denominated stablecoin
Prime Protocol to Enter the Domain of Avalanche Ecosystem
8.9.2022
Prime Protocol is extremely proud and pleased to announce that they would now provide complete support and reinforcement to Avalanche’s testnet chain, Fuji. Also to be absorbed and digested is that even presently, Avalanche has crossed the staggering figure of a million mark, in the form...
DeFi protocol token NFD crashes by 99% after a flash loan attack
8.9.2022
Flash loans allow users to borrow a high amount of assets without having to provide any upfront collateral, this is often used by miscreants to launch attacks on DeFi protocols
Copium Mining Presale is to Invest More in Mining, Buy Back and Burn Coins
8.9.2022
The Copium Protocol, which focuses on laying the groundwork for decentralized mining investments, will soon release an NFT collection to gather funds for business expansion. Copium Protocol has been one of the most intriguing projects to emerge. It stands out because it enables consumers to invest...
Stablecoin USDN Trades Below $1 Parity for 14 Days in a Row, Token Taps $0.91 Low This Week
6.9.2022
Approximately 14 days ago, the stablecoin neutrino usd (USDN) tapped a high of $0.994 per unit, and ever since then, USDN has not been able to rise above the $0.97 per unit range. The dollar-pegged asset is associated with the Waves blockchain protocol, and recently the Neutrino Protocol decided...
Value Locked in Lido Rises Prior to Ethereum’s Merge, LDO Token Jumps 23% Higher in 7 Days
5.9.2022
In eight days Ethereum is planning to undergo one of the most intensive upgrades since the DAO hard fork in 2016, as The Merge aims to change the network’s consensus mechanism from proof-of-work (PoW) to proof-of-stake (PoS). Amid the lead-up to The Merge, the decentralized finance (defi)...