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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...
Chiliz launches public testnet for its new layer-1 blockchain
31.3.2022
Focused on the sports and entertainment industries, the Chiliz Chain 2.0 blockchain network was birthed in collaboration with decentralized infrastructure protocol, Ankr
Axie Infinity’s Ronin Hack Exposes Risks of Proof-of-Stake and Centralization – Analysts
30.3.2022
The recent hack of Axie Infinity’s Ronin bridge reveals how proof-of-stake (PoS) chains still struggle with a fundamental flaw in their design, with speed and energy efficiency prioritized over security, an analyst at crypto exchange Huobi has said....
Read More: Axie Infinity’s Ronin Hack...
Avalanche (AVAX), Terra (LUNA), and Explora Chain (EXPL) Embrace the DeFi Billions
30.3.2022
It is reasonable to conclude that the world of cryptocurrency has entered the mainstream. Crypto discussions are heard in most developed world’s bars, schools, & companies, from the UK to South Korea, Nigeria, & Turkey. The crypto industry’s heavyweights, Bitcoin and Ethereum...
Axie Infinity Loses $620 Million After Hacker Compromised Ronin Validators
29.3.2022
According to Sky Mavis, the creators of the blockchain NFT game Axie Infinity, the Ronin network has been attacked, and a hacker has managed to siphon 173,600 in ethereum and 25.5 million usd coin (USDC). The attacker has obtained roughly $620 million worth of crypto assets, and the Ronin bridge...
WePiggy to Partner with CLV to Build a Cross-Chain DeFi Ecosystem
29.3.2022
The WePiggy lending protocol has formed a strategic collaboration along with CLV. Both parties will collaborate to explore technology integration possibilities and develop a cross-chain DeFi ecosystem. Clover is a cross-chain and decentralized application infrastructure with a single point...
Gold industry taps blockchain for supply chain management and fraud prevention
28.3.2022
LBMA CEO Ruth Crowell said the new blockchain-based initiative can help promote “confidence” in the “integrity and accountability” of gold that is traded
NFT Sales Slid Lower This Week, Cronos NFT Volume Jumps 236% Higher, Azuki Collection Rises
27.3.2022
Last week, non-fungible token sales saw an improvement after tumbling week after week in terms of sales volume. This week, NFT sales are down 2.15% from last week’s $544.6 million to this week’s $539.2 million. The top NFT collection in terms of weekly sales was the Azuki compilation...
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....
Billionaire Carl Icahn Predicts a Recession or Worse — Says ‘There’s No Accountability in Corporate America’
24.3.2022
Billionaire Carl Icahn, the founder of Icahn Enterprises, has predicted that the U.S. economy could be heading into “a recession or even worse.” The famous investor warned of “a lot of trouble ahead” and “a rough landing.” Billionaire Carl Icahn Predicts...
Launch of real-world use-case sparks a 162% rise in OriginTrail's TRAC token
22.3.2022
TRAC price surged 162% as the rollout of OriginTrail v6 and the launch of AidTrust suggest the protocol is prepared for the Web3 migration
Mars4 Embraces a Multi-Chain Future With PancakeSwap Listing
22.3.2022
Investors from all over the world are looking for the freshest projects to increase their returns. They might come across the MARS4 project that has been continuously growing and appearing on more and more platforms. Now listed on PancakeSwap, MARS4 is more accessible than ever as it became...
Lendefi to Provide Secure DeFi Leveraged Trading on Binance Smart Chain
22.3.2022
Lendefi published a blog post to announce that it has integrated Chainlink Price Feeds to its Binance Smart Chain mainnet. The integration will assist Lendefi protocol in securing its decentralized leveraged trading protocol. The integration will assist in the security of its decentralized...
Metria Network: Creating a Unique Unified Blockchain Infrastructure to Support Next-Gen dApps
21.3.2022
PRESS RELEASE. Metria Network, the much-awaited solution for the entire crypto industry will be within reach soon. The chain agnostic decentralized infrastructure is designed to meet the needs of new-age DeFi and NFT applications by overcoming the issues of scalability, interoperability,...
Queen of Raw and MIT Solve Release World’s First No-Code Mobile Fabric Footprint Impact Report on Chain
21.3.2022
What if you knew the true cost of your clothing? Not just the price of the tag, but the cost to the planet as well? What if you can discover the amount of water, carbon emissions, chemicals, and water saved by each of your purchases? Did you know that one t-shirt takes an average of 700 gallons...
Vince Chain and Subx Finance Lab are Now Strategic Partners
21.3.2022
Vince Chain and Subx Finance Lab have entered into a strategic partnership with the aim of building the best NFT marketplace. Vince Chain was the one to announce the news. This opens a door of opportunity for both of them to leave a mark in the industry. Through this strategic partnership, Subx...
Value Locked in Defi Climbs Back Above $200 Billion, ETH Dominates Defi TVL by 54%
20.3.2022
As the crypto economy nears the $2 trillion mark, the total value locked (TVL) in decentralized finance (defi) has risen above the $200 billion zone after slipping below that range for most of the year. While the TVL in defi dropped 0.51% during the last 24 hours, statistics show the TVL today...
Ultiverse to Expand Metaverse Offerings in BNB Chain Ecosystem with $4.5M Raise
18.3.2022
The round was co-led by Binance Labs and DeFiance, a Three Arrows Capital platform fund
NFT Weekly Sales Volume Improves Jumping 17% Higher Than the Week Prior
17.3.2022
After cryptocurrency assets jumped in value this week, following the Federal Reserve’s rate hike on Wednesday, non-fungible token (NFT) weekly sales volume data shows an improvement from last week’s sales metrics. At the time of writing, in terms of seven-day sales volume,...
IQ Labs CEO Tom Tirman on Unlocking Utility for NTFs With Collateral-Less Renting Framework
17.3.2022
IQ Protocol is a decentralized money market for digital asset renting and on-chain subscriptions. The next money lego that allows users to rent wrapped expirable versions of digital assets without collateral for their utility, while allowing holders to earn by providing liquidity without risk....