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Total Value Locked in Defi Nears Lifetime High, Ethereum’s TVL Dominates by 54%
3.4.2022
On Sunday, April 3, the total value locked (TVL) in decentralized finance (defi) has risen to $231 billion. The TVL is nearing the all-time high (ATH) of $256 billion recorded on December 2, 2021, as it’s only 10.82% under the TVL’s ATH. Additionally, while Curve Finance continues...
Biggest Movers: Near Surges 22% on Saturday, as SOL, AXS Move Higher
2.4.2022
NEAR has risen by over 20% during today’s session, pushing prices to their highest level since late January. AXS also rebounded on Saturday, following a $640 million hack, which sent its price down this week. NEAR Protocol (NEAR) NEAR was undoubtedly one of the biggest gainers in crypto...
Polygon Announces Zero-Knowledge Identity Platform for Web3
1.4.2022
On March 29, Polygon, the layer two (L2) scaling solution that runs parallel with the Ethereum blockchain, has announced a new identity platform called Polygon ID. While the protocol is is still under development, Polygon ID is powered by zero-knowledge (ZK) cryptography and Polygon expects...
SparkWorld* Partners with IQ Protocol to Provide NFT Rentals
1.4.2022
SparkWorld* recently announced its partnership with IQ Protocol for a groundbreaking project developing a mechanism for renting wrapped versions of NFTs as well as other digital products that are about to change people’s opinions about DeFi and respond to it! Jolyon Layard Horsfall, Co-CEO...
Layerzero Labs Secures $135 Million to Bolster Cross-Chain Interoperability
1.4.2022
Layerzero Labs, the firm behind the interoperability protocol Layerzero, has revealed the company has raised $135 million in a Series A+ finance round led by Andreessen Horowitz (a16z), FTX Ventures, and Sequoia Capital. The new financing brings Layerzero Labs’ overall valuation to...
Buenos Aires to Launch a Self-Sovereign Digital Identity Protocol
31.3.2022
The framework is expected to be operational no later than the first quarter of 2023, according to a city official
Wonky Mars Protocol launch shows ecosystem expansion may not add to network value
29.3.2022
Terra’s “liquidity bootstrapping pools” were meant to prevent DeFi protocol token pump and dumps at launch but the model is not as effective as expected
Delphi Digital Leads $5M Seed Round for Money Market Protocol ZkLend
29.3.2022
Three Arrows Capital and Starkware also invested in the round, which will go toward additional hiring and the launch of ZKLend’s core products
Ariva Mentioned as Top Project in Blockchain for Travel Summit in Dubai
28.3.2022
PRESS RELEASE. Fast-growing blockchain protocol Ariva was highlighted as one of the key drivers of blockchain technology in the tourism sector at the Blockchain For Travel Summit held in Dubai on March 26, 2022. A gathering of key stakeholders in the tourism sector for blockchain...
Nirvana – A Protocol Design for a Sustainable Store of Wealth
28.3.2022
What is Nirvana? Nirvana is a decentralized reserve currency on the Solana network. The platform’s native token is ANA. The token is defined by a degree of stability that makes it ideal as a store of wealth. The Nirvana protocol is a fully decentralized, trustless, and autonomous protocol....
Rigel Protocol to Launch Unique NFTs Collection Sales
27.3.2022
PRESS RELEASE. Finally, Rigel Protocol is ready to join the NFTs Buzz with its first NFTs Collections for each unique DApp on the platform (SmartSwap, GiftDApp and LaunchPad). NFTs would be available for purchase at the Rigel Protocol NFT Marketplace or will be claimable on Rigel Protocol DApps...
Defi Protocol Anchor to Implement ‘Semi-Dynamic Earn Rate’ Following Governance Vote
25.3.2022
On Thursday, the team behind the lending protocol Anchor announced that a proposal has passed and the decentralized money market will “implement a more sustainable semi-dynamic earn rate.” Following the announcement, the value of the protocol’s native token ANC slipped roughly...
Unmarshal Indexing Protocol Joins Celo Chain
25.3.2022
The crypto ecosystem is growing at an exponential rate, and data stored in the blockchains lack a specific infrastructure. The indexing protocols are created to exploit the demand for organizing and indexing the publicly available data from the blockchains to make it accessible for the projects....
Anchor Protocol Will Readjust Interest Rates Each Month, ANC Falls by 5%
25.3.2022
Rates will drop, or increase, 1.5% per month on the popular lending protocol until the yield reserve starts to increase
How crypto became a major source of relief for embattled Ukraine
24.3.2022
Illia Polosukhin, Ukraine-born crypto entrepreneur and Near protocol co-founder, explains how crypto has become an invaluable instrument for supporting Ukraine’s resistance
Larry Ellison’s SailGP and NEAR Protocol to Create a DAO for Sports Team Ownership
24.3.2022
Members of the decentralized autonomous organization will be able to influence the team’s strategic direction, purpose and brand positioning
Lunar Labs Co-Founder Luke Youngblood Talks Moonwell Artemis and Over-Collateralized Loans
24.3.2022
Moonwell is an open lending and borrowing DeFi protocol on Moonbeam and Moonriver. Moonwell’s composable design can accommodate a full range of DeFi applications in the greater Polkadot and Kusama (DotSama) ecosystem. Luke Youngblood is the co-founder of Lunar Labs, which is developing...
Cosmos Protocol Archway Raises $21M to Provide Developer Rewards
24.3.2022
CoinFund and Hashed co-led the seed round in the Tendermint spinout behind the project, Phi Labs
Solana-Based Cashio App Hit With an ‘Infinite Mint Glitch,’ CASH Stablecoin Drops to Zero
23.3.2022
A decentralized finance (defi) protocol called Cashio was attacked by an “infinite glitch” exploit around 9:00 a.m. (UTC), the team said on Wednesday. Following the hack, statistics show the protocol’s total value locked (TVL) dropped from over $28 million to $579,701 and...
Terra’s Founder Do Kwon ‘Looks Forward to Building With Bitcoin’ — Project Reportedly Acquires $125M in BTC
22.3.2022
Just recently, Terra founder Do Kwon hinted at purchasing $3 billion in bitcoin to bolster the protocol’s reserves and according to a number of reports and blockchain analysis, Terra purchased $125 million worth of bitcoin on March 21. The following day, bitcoin’s fiat value jumped...