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Binance VC arm leads $60M round in cross-chain protocol Multichain
21.12.2021
Shortly after rebranding from Anyswap last week, Multichain raised $60 million in a seed round led by Binance Labs
DeFi protocol Grim Finance lost $30M in 5x reentrancy hack
20.12.2021
An apparent security flaw in the Grim Finance protocol allowed the attacker to fake five additional deposits
Uniswap Community Votes to Deploy v3 on Polygon, Contract Support Coming in a Few Days
20.12.2021
One of the largest decentralized exchange (dex) platforms in terms of trade volume, Uniswap, has announced that the dex community has approved a governance proposal to support the Polygon blockchain. Uniswap to Support Polygon PoS Blockchain In terms of trade volume, statistics show that Uniswap...
Polygon, Reddit Co-Founder’s VC Firm Launch $200 Million Social Media Web3 Fund
18.12.2021
The team behind Polygon, the protocol dedicated to interconnected blockchain networks like Ethereum, and Alexis Ohanian’s Seven Seven Six venture capital company have revealed a $200 million investment fund in blockchain-based social media projects. According to the announcement,...
ADALend: Protocol Efficiency on Cardano in Handling Interest Rates
16.12.2021
Crypto traders turn to fixed-income instruments like bonds and stocks to diversify their portfolios. The cryptocurrency market is a legitimate source of debt securities that are no less reputable than their equivalents and is a substantial economic force to reckon. With interest rate derivative...
Rarible NFT Marketplace Integrates Tezos Blockchain, Will Support Ubisoft Digits
15.12.2021
On Wednesday, the non-fungible token (NFT) marketplace Rarible announced that the platform now supports the Tezos blockchain network. The move follows Rarible’s integration with the Flow blockchain protocol in mid-November, and the NFT marketplace now supports a total of three blockchain...
Mintable app to support minting NFTs on the layer 2 Immutable X protocol
14.12.2021
By integrating Immutable X's technology into its marketplace, Mintable hopes to tackle gas and scaling limitations for NFT traders
The First of Its Kind Metachain Project, ShuttleOne Joins Tezos Protocol
13.12.2021
PRESS RELEASE. ShuttleOne, the latest project to embrace Tezos, to soon drive adoption and liquidity while resolving blockchain fragmentation. Singapore: Tezos, the highly scalable, self-amending proof of stake blockchain protocol is opening its arms to ShuttleOne – a one of its kind...
Polygon Acquires Mir Protocol in $400M Deal in Order to Bolster ‘Groundbreaking ZK Rollup Tech’
12.12.2021
On December 9, Polygon co-founder Mihailo Bjelic announced that the project has acquired the Ethereum scaling startup Mir in a $400 million deal. The Mir team of cryptographers and engineers are joining Polygon in order to create a “highly-scalable, Ethereum-compatible ZK rollup”...
Chainalysis to Offer Lightning Network Monitoring Service to VASPs in 2022
11.12.2021
On December 10, the blockchain intelligence firm Chainalysis revealed that the company has added support for Bitcoin’s second-layer protocol the Lightning Network (LN). According to Chainalysis, firms like exchanges and virtual asset service providers (VASPs) can leverage...
Ethereum Co-Founder Vitalik Buterin Publishes ‘Plausible Roadmap’ Addressing Scalability
11.12.2021
In recent times the Ethereum network has received a lot of criticism about the protocol’s data transfer fees and scalability. In a blog post called “Endgame,” published on December 6, the co-founder of Ethereum, Vitalik Buterin discussed plans to improve scaling, the upcoming...
Crowdfunding Platform Kickstarter Will Shift to Blockchain-Based Model
10.12.2021
Kickstarter, one of the leading crowdfunding platforms on the market, has decided to abandon its current business model and migrate to a blockchain-based platform. This will be built by an independent organization funded initially by Kickstarter to work on the protocol. The new platform will...
IOST’s Highly-Anticipated Sumo-Themed DeFi Token $ZUNA Set to Launch December 10th
9.12.2021
PRESS RELEASE. IOST-powered DeFi Protocol Yokozuna Finance is warming up to claim the title in the IOST’s dApp ecosystem. The sumo-themed gamified DeFi and NFT project has already created a buzz among the IOST and DeFi community and aims to climb the ranks with its official launch on 10th...
NFT partnerships and protocol integrations boost Tezos, WAX and Aleph.im
8.12.2021
A slew of new NFT-related partnerships and integrations with DeFi platforms sparked a rally in XTZ, WAXP and ALEPH
$11 Billion Added to Stablecoin Economy in 10 Days, UST and OUSD Issuance Swells
8.12.2021
During the last week of November, the stablecoin economy had crossed the $150 billion mark for the first time with tether and usd coin dominating the pack. In a mere ten days, the stablecoin economy gathered another $11 billion in value with origin dollar and terra usd swelling significantly during...
GoCrypto Reveals a Protocol That Revolutionizes Digital Payments
7.12.2021
PRESS RELEASE. LJUBLJANA, SLOVENIA: The GoCrypto project always strives to bring crypto payments into the mainstream. The upgraded solution dubbed GoCrypto 2.0 enables true decentralized payments where the merchant can accept virtually any currency and receive the settlement in its desired crypto...
Deadmau5 and Portugal The Man release single as 1M NFTs in bid to go platinum
3.12.2021
The award-willing artists want their new release “This is Fine” to become the first NFT single ever to go platinum, but it’s unclear whether that is even possible
Exploit Allows Hackers to Siphon $120 Million From Defi Protocol Badgerdao
2.12.2021
The decentralized autonomous organization (DAO) called Badgerdao has disclosed that it has “received reports of unauthorized withdrawals of user funds.” The analytics team Peckshield estimates that over $120 million was siphoned in the Badgerdao breach. Badgerdao Suffers $120 Million...
Ethereum privacy protocol Tornado Cash to launch on L2 Arbitrum
30.11.2021
Once fully deployed, users will be able to make private transactions through the popular Tornado Cash mixer on the Arbitrum layer two network
Security Focused DeFi Project EverRise Upgrades Protocol and Launches on 3 Blockchains
29.11.2021
PRESS RELEASE. EverRise, the DeFi project that introduced the concept of buybacks in cryptocurrency, is going live with an upgraded version 2 contract on Monday, November 29th at 11:00 pm UTC. The new RISE token will be available on the Binance Smart Chain, Ethereum, and Polygon networks through...