Search
Arbitrum Surpasses $1.5 Billion in TVL Following Rumors of a Possible Token Airdrop
12.9.2021
Arbitrum, a second layer expansion rollup for Ethereum, has breached the $1.5 billion of total value locked (TVL) in protocols using its services. The smart contract recorded an influx of more than 1 billion just today after a rumor started in social media that the protocol might be planning...
Altcoin Roundup: High Ethereum fees kick-start a liquidity migration to layer-1 platforms
11.9.2021
Ethereum competitors and layer-one projects are capitalizing on the network’s untenable gas fees by launching mining and developer incentives that are also boosting token prices
Tether’s 1,500% Market Cap Increase in 500 Days — USDT Stablecoin Market Nears $70 Billion
10.9.2021
The stablecoin giant tether is by far the largest dollar-pegged crypto asset in the crypto economy and today, the number of tethers in circulation is nearing $70 billion. 90 days ago on June 12, 2021, the number of tethers in circulation was around 63 billion tokens and the supply has swelled...
A Safer Crypto Derivatives Market This Assurance Layer Makes Derivatives Contracts Bullet-proof
10.9.2021
The cryptocurrency derivatives market has become even more popular than the spot market, reflecting the boom in derivatives trading. According to data tracker CryptoCompare, more crypto derivatives were traded than actual coins in July. That’s the second consecutive month when derivatives clocked...
This Assurance Layer Is Bringing Trust To The World of DeFi Lending And Borrowing
9.9.2021
rade assets and derivatives, and so on. People who want to borrow against their crypto assets to make even bigger bets frequently use this collection of businesses.There are two fundamental distinctions from traditional banks. All services are for digital currencies rather than government-iss
Elektra Group President Ricardo Salinas Hints at Inclusion of Lightning Network Payments in Mexico
8.9.2021
Ricardo Salinas, president of Elektra Group, one of the biggest retail franchises in Mexico, hinted at the possibility of integrating payments using Bitcoin’s second layer solution, the Lightning Network. Salinas made the announcement yesterday via Twitter. This would allow residents of...
Ethereum layer-twos reportedly processing more transactions than BTC
7.9.2021
With an average gas cost of $40, it is no surprise that layer-two platforms are surging in terms of usage
LINK price locks in 36% gains following Ethereum layer-2's Chainlink integration
6.9.2021
LINK price surged also in the wake of a market-wide bullish boom, wherein Bitcoin and its top rivaling altcoins jumped in tandem
Offchain Labs Launches Arbitrum One Mainnet — Startup Raises $120 Million
2.9.2021
On August 31, 2021, Offchain Labs announced the official launch of Arbitrum One mainnet and further detailed that the company has raised $120 million in funding. The Series B financing led by Lightspeed Venture Partners gives the firm a $1.2 billion valuation. Arbitrum One Mainnet Is Now Live...
Altcoin Roundup: Layer-one protocols chip away at Ethereum’s dominance.
28.8.2021
Layer-one projects register a steady inflow of new users as the cost of using the Ethereum network gives projects like Avalanche and Cardano room to gain a foothold in the market
Bravely Default II Gets PC Port In September
26.8.2021
Previously a Nintendo Switch exclusive, Bravely Default II is coming to PC via Steam on September 2, Square Enix announced today. This marks the first time the classic JRPG-inspired series has come to a non-Nintendo, non-smartphone platform.Read more
ABEYCHAIN Launches Decentralized Exchange XSWAP
25.8.2021
ABEY Foundation, the organization that oversees the activities of multi-layer blockchain protocol ABEYCHAIN has revealed the launch of XSWAP: its native decentralized exchange. This development is expected to herald the beginning of innovations with the ABEYCHAIN DeFi ecosystem. XSWAP: Built...
Dex Aggregator 1inch to Utilize Ethereum Scaling Solution Optimism
19.8.2021
On August 17, the decentralized exchange (dex) aggregator 1inch announced the platform will leverage the Layer 2 solution called optimistic rollups provided by the project Optimism. The collaboration with Optimism aims to “substantially increase transaction speeds and lower gas fees for 1inch...
1inch announces deployment to Optimism's layer-2 solution
17.8.2021
1inch indicated that its launch on the Optimistic Ethereum network will lead to faster confirmation times and lower fees
Chainlink launches data oracles on Arbitrum One's Ethereum scaling solution
13.8.2021
Chainlink’s data oracles are now live on Arbitrum One, with the team also planning to soon launch its Proof of Reserve and Verifiable Random Function on the layer-two
SushiSwap CTO reveals why the project isn't scaling on Optimism anytime soon
12.8.2021
Joseph Delong feels that rival DEX Uniswap had preferential treatment from the L2 solutions provider
Will the Real Polygon Please Stand Up — Spammers Wrongly Post Coin Drops on Video Game-Related Feed
11.8.2021
In a strange twist of fate, two companies named Polygon are the source of a storm of confusion on Twitter as a video game community gets a unique introduction to Polygon’s blockchain technology. Crypto Scammers Hit Game-Related Feed Polygon, the rebranded layer 2 blockchain solution...
Ethereum Layer-2 Scaling Solution Arbitrum to Launch This Month
9.8.2021
Arbitrum, an Ethereum Layer-2 (L2) scaling solution, announced it would launch its mainnet for users this August. The tool, which allows Ethereum users to transact with very low fees, had launched in beta version last June, with support from some key projects in the Ethereum sphere, like Uniswap...
Buda Exchange Starts Requesting Selfie Verification for Withdrawals to New Bitcoin Addresses
2.8.2021
Buda, a Chile-based cryptocurrency exchange, has started requesting selfie verification every time a user needs to withdraw funds to a new bitcoin address. This new measure now introduces a new layer of security for users to avoid getting their accounts hacked, but it will only be mandatory...
Synthetix turns on layer-two alpha, launches Olympics betting on options platform
30.7.2021
Users of the Synthetix-based Thales platform can now bet on the outcome of Olympic events