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Stats Show Over 53,000 Wrapped Bitcoins Were Removed From Circulation in the Last 3 Months
24.7.2022
Three months ago, there were 441,546 wrapped or synthetic bitcoins on the Ethereum and Binance Smart Chain worth $17.45 billion using exchange rates on April 24, 2022. Since then, that number has dropped by 53,582 synthetic bitcoins and today the number of wrapped or bonded bitcoins...
Defi TVL and Smart Contract Platform Tokens Swell in Value With ETH, ETC Leading the Pack
22.7.2022
The top smart contract platform tokens by market capitalization and the total value locked (TVL) in decentralized finance (defi) have swelled significantly in value during the last few days. Since the value locked in defi reached a 2022 low of $70 billion on June 19, the defi ecosystem’s...
Saudi Chemicals Producer SABIC Launches Blockchain Pilot Project
22.7.2022
A Saudi Arabia-based chemical manufacturer has said its recently launched blockchain pilot is expected to uncover the possibilities of the technology “in supporting end-to-end digital traceability of circular feedstock in customer products.” The benefits expected to accrue from using...
Video Game Giant Square Enix Plans to Drop a Final Fantasy VII NFT Collection in 2023
21.7.2022
According to the non-fungible token (NFT) company Enjin, the firm has inked a deal with the Japanese entertainment conglomerate and leading video game developer Square Enix. The partnership will produce the launch of Final Fantasy VII 25th Anniversary cards and figures on the cross-chain network...
Bitcoin price hits $24K, but analysts say on-chain data points to an ‘inevitable’ pullback
20.7.2022
The crypto market rally continues, but analysts are on the fence about whether BTC and ETH will slip back into range or push closer to higher-timeframe resistance levels
Explore the Value Behind KCC Through KCC Validator Election
20.7.2022
With the development of the public chain and the growing adoption of blockchain technology, public chains initiated by crypto exchanges are getting more attention. Relying on the advantages of the exchange’s cutting-edge technology team, the exchange public chain has differentiated itself...
THORChain Phases Out Support For Rune Tokens on Ethereum, BNB Chain
19.7.2022
The development comes weeks after THORChain’s native blockchain went live on seven supported networks in June
Plasma.Finance & Ren Protocol V3 Partner for DeFi Cross-Chain Bridging
19.7.2022
Plasma.Finance recently announced a partnership with Ren Protocol v3. The collaboration will see the projects offering DeFi cross-chain bridging support for EVM and non-EVM chains. It includes Bitcoin, Dogecoin, Bitcoin Cash, stablecoins, and many more. Plasma.Finance aims to expand its all-in-one...
Cross-Chain Infrastructures: The Solution to Liquidity Fragmentation in Decentralized Finance (DeFi)
18.7.2022
Decentralized Finance (DeFi) has emerged as a rival to the traditional finance economy; this nascent crypto niche made a hallmark debut in the summer of 2020 following the launch of governance tokens and yield farming incentives. Two years down the line, a total of 4.8 Million unique wallets have...
While the ‘Timeline Isn’t Final,’ Ethereum Could Implement The Merge on September 19
16.7.2022
In roughly 65 days, there’s a chance Ethereum’s highly anticipated transition from proof-of-work (PoW) to proof-of-stake (PoS), otherwise known as The Merge, could be implemented. The information was shared via “a planning timeline” on Twitter, which noted the shift from...
BNB Chain launches DApp platform with 'Red Alarm' to warn users about scams
14.7.2022
DappBay's Red Alarm is a contract risk scanning tool that helps users identify high-risk projects to avoid rug pulls and frauds
Tothesmart Is an Exclusive New Smart Contract Built on the Binance Smart Chain Blockchain
12.7.2022
PRESS RELEASE. Now there is no need to buy expensive equipment and pay for electricity, you can simply buy virtual miners from Tothesmart and earn up to 5% per day in passive income. What is Tothesmart? Tothesmart is a Play to earn mining Farm built on the Binance Smart Chain blockchain.An open...
Arbitrum’s New Chain Arbitrum Nova Is Open to Developers
12.7.2022
Nova is intended to be used for social applications and gaming, while the Arbitrum mainnet will continue to be available for NFT and DeFi projects
Synapse Network and Eizper Chain Announce Partnership
12.7.2022
Synapse Network and Eizper Chain take immense pride in announcing their newly formed, mutually beneficial, and apt partnership. Eizper Chain is the very first blockchain-based Action Role Playing Game, as the first piece of information (ARPG). This surprise and exciting introduction to the world...
Crypto Falls Ahead of US Inflation Figure as Bitcoin On-Chain Metrics Signal ‘Oversold Conditions’
12.7.2022
The crypto market fell on Tuesday ahead of a US inflation report for June that is feared to show that consumer prices have continued to rise at a faster pace despite interest rate hikes. Meanwhile, more on-chain signs are now indicating that a bottom for bitcoin (BTC) could be about...
100-Year-Old Pennsylvania-Based Bank Approved to Leverage Makerdao’s Stablecoin Vault
11.7.2022
Makerdao, the decentralized autonomous organization (DAO) that issues the stablecoin DAI, approved a governance vote that provides “collateral integration from a U.S.-based bank.” The Makerdao governance vote passed by a majority vote of more than 87%, and it allows the U.S. financial...
Cross-Chain Infrastructure Protocol LI.FI Raises $5.5M
11.7.2022
The funding will fuel ecosystem growth for the aggregator of cross-chain bridges and decentralized exchanges
MH Ventures Partners Sangnila Blockchain For Eizper Chain
11.7.2022
The official newsletter from MH Ventures on June 8 confirmed its arrival in the GameFi ecosystem of the RPG Eizper Chain. Set to be a role-playing game, the new product is expected to bring GameFi to the next level in its evolution through a more polished and sophisticated outlook. The Sangnila...
Heroes of NFT & Axelar to Build Cross-Chain Metaverse
11.7.2022
Heroes of NFT recently released an official post announcing a partnership with Axelar. The collaboration will see the projects building a next-gen cross-chain metaverse. The native Avalanche project will establish an infrastructure around Axelar to facilitate safe and seamless cross-chain...
MyFunding.Network: Providing Stable ROI of 1.5% Daily with AI Trading Bot on BNB Chain
11.7.2022
Trading in cryptocurrencies may be intimidating for anybody, even seasoned investors. Investors who are new to bitcoin trading might occasionally become perplexed by the voluminous assortment of trading tools and analysis platforms. These possibilities, at best, deter people from actively trading;...