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Cell Protocol Wants to 'Democratize' Liquidity in DeFi
6.6.2022
The team, finalists during Web 3 Pitch Fest, wants to expand the network "horizontally and vertically" across exchanges and blockchains
LUNA 2.0 Token Loses 56% Since Last Week, Whistleblower Accuses Terraform Labs of Owning Shadow Wallets
6.6.2022
After climbing to $11.33 per unit seven days ago on May 30, Terra’s new LUNA 2.0 token has lost more than 56% in value against the U.S. dollar. Amid the market performance, a number of former Terra-based decentralized finance (defi) projects are transitioning over to the new Phoenix-1...
MakerDAO ‘Endgame Plan’ Calls for Specialized DAOs, Says Protocol is Held Back by Complexity
3.6.2022
A detailed proposal to bring the MakerDAO (MKR) protocol to a “predetermined, immutable end state” by setting up several new decentralized autonomous organizations (DAO) has been published by the protocol’s founder Rune Christensen. The plan aims to improve governance and tap into “the raw power...
These are the least 'stable' stablecoins not named TerraUSD
2.6.2022
Some stablecoins have failed to deliver the dollar's stability to crypto traders long before TerraUSD's collapse
Beanstalk Stablecoin Protocol 'Barn Raise' Aims to Restore $77M in Lost Funds
2.6.2022
The protocol was hit by a $182 million flash-loan attack in April
IQ Protocol Partners With Penguin Karts to Offer Expirable NFTs
1.6.2022
Penguin Karts shared a newsletter on Medium announcing its partnership with IQ Protocol, the digital assets lending protocol. Now, users on Penguin Karts can rent out their NFTs securely without losing control. The partnership is set to play a big role in the upcoming NFT collection from the...
IQ Protocol Joins OneRare to Bring NFTs to Food Industry
31.5.2022
The OneRare food metaverse or Foodverse has joined the IQ protocol to expand its utilities in the NFT market. IQ Protocol’s rental capabilities will be implemented in the metaverse as a safe way for passive income. This collaboration is expected to be the necessary push for its web3 journey....
Terra’s Mirror Protocol Survival in Question as Exploit Continues and Devs are 'Completely MIA'
31.5.2022
Decentralized finance (DeFi) project Mirror Protocol has been reportedly suffering an ongoing exploit over the past couple of days that allowed bad actors to drain four synthetic asset pools from the protocol, with the potential to drain funds from all other pools in the coming days.
At...
Luna Classic (LUNC) pricing error leads to Mirror Protocol exploit
31.5.2022
An error on the pricing oracle software for Terra Classic validators opened the door for an exploiter to drain four synthetic asset pools from the Mirror Protocol
Terra’s Mirror Protocol Allegedly Suffers New Exploit
31.5.2022
Community users are raising the alarm about a possible bug in the LUNC pricing oracles
Tron Now Commands the Third-Largest TVL in Defi — Network’s Stablecoin USDD Confronted by Skepticism
30.5.2022
This week the Tron blockchain has become the third-largest network in terms of total value locked (TVL) in decentralized finance (defi) protocols. Interestingly, 48.19% of the TVL is held by the defi protocol Justlend, an application that’s similar to Anchor Protocol as it offers more than...
While the New LUNA Records Gains, Do Kwon’s Terraform Labs Is Plagued by Controversy and Accusations
30.5.2022
It’s been two days since the Terra development team launched the new Phoenix-1 blockchain with the network’s native token LUNA. While the token dropped significantly in value during the first day of trading, the new LUNA has jumped 8.8% in value during the last 24 hours. Amid...
DAI Takes the Reigns as the Leading Decentralized Stablecoin by Market Capitalization
29.5.2022
Following the demise of the Terra-based stablecoin UST, the fiat-pegged token DAI has become the largest decentralized stablecoin in existence today. Moreover, Makerdao has regained the decentralized finance (defi) protocol’s position as the top defi protocol in terms of total value locked...
VAST Completes Private Investment Round as It Readies to Launch First-Ever EngageFi™ NFT Platform
26.5.2022
PRESS RELEASE. Miami, FL – VAST, the multimedia NFT marketplace that dropped the first-ever NFT sitcom featuring Snoop Dogg and The Harlem Globetrotters, has announced the completion of their strategic private investment round with leading blockchain venture capital firms: GHAF Capital,...
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
Ariva Celebrates 1st Year Anniversary With Impressive Achievements in the Blockchain Industry
25.5.2022
PRESS RELEASE. Ariva, a next-generation tourism & travel blockchain protocol, celebrated the first anniversary of its launch on May 25, 2022. This development marks an impressive milestone for the blockchain project that has taken the tourism sector by storm in recent months. Ariva launches...
Could GameFi and carbon currencies reverse blockchain's climate stigma?
25.5.2022
Toucan Protocol’s Rob Schmitt believes blockchain gaming could have a much better environmental reputation if games integrated carbon offsets
IQ Protocol Powering Gumball 3000 Ecosystem With Rental NFTs
24.5.2022
IQ Protocol recently announced a long-term partnership with Gumball 3000. Gumball 3000 will gain access to a feature-rich NFT rental marketplace with the collaboration. The entertainment group will also enter the NFT market with a vast value proposition. IQ Protocol gained over 12 million dollars...
OpenSea’s New Marketplace Protocol Could Become ‘Uniswap Moment’ of NFTs
23.5.2022
The popular non-fungible token (NFT) marketplace OpenSea has unveiled a new protocol that allows anyone to set up new and decentralized NFT marketplaces. And judging from some members of the community, the protocol could become the “Uniswap moment” of NFTs....
Read More: OpenSea’s...
Near Protocol picks up slack, onboards Tracer following Terra's downfall
23.5.2022
As explained by Near Foundation’s Nicky Chalabi, projects like Tracer seeks alignment with the core values of the ecosystem that can support the company’s roadmap in time to come