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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...
Poly Network Says Stolen User Assets on ETH Have Been Returned, Except Frozen USDT
13.8.2021
On Friday, a few days after the initial hack for $611 million, the Poly Network project detailed that the company has obtained all the assets stolen minus the frozen tether that was blacklisted by Tether Limited. The Poly Network team said they are in control of the funds along with “Mr....
Poly Network Hacker Says ‘In the Defi World Code Is Law’ While Returning Millions in Defi Tokens
12.8.2021
Two days after the notorious Poly Network hack, the hacker continues to send funds back to the project. On August 12, the Poly Network hacker so far has returned millions worth of ether, thousands of uni tokens, 1,032 wrapped bitcoins, and 96 million in stablecoins. The day prior, after returning...
Poly Network Hacked for More Than $600 Million — Hacker Trolls Project Saying ‘It Could Have Been a Billion’
10.8.2021
On August 10, the decentralized finance (defi) project Poly Network suffered a loss of over $600 million according to various reports. The hack follows a recent Ciphertrace report on how defi-related hacks and fraud in 2021 have already surpassed 2020. The Poly Network hack on Tuesday is well above...
Nippon vs Nihon: What's The Difference?
26.7.2021
During the Tokyo Olympics opening ceremony, the official announcer introduced the country as “Nihon.” Sponichi Annex reports that this surprised some. Read more
MakerDAO to dissolve Foundation and become truly decentralized again
21.7.2021
MakerDAO plans to complete its roadmap to decentralized governance with the dissolution of its foundation in the coming months
Stablecoins Swelled by $13B in 30 Days, Captured 67% of Today’s Crypto Trade Volume
16.7.2021
Over the last few weeks, cryptocurrency markets have fallen in value as most of these assets reached all-time price highs three months ago. Despite the price drops, 2021 has still been an explosive year for crypto gains and fiat-pegged stablecoins have grown massively as well. 53 days ago,...
MakerDAO slashes stability fees as stablecoin demand wanes
22.6.2021
Maker hopes to reignite demand for its DAI stablecoin through the fee reduction
Altcoin Roundup: Post-crash prices give investors a chance to build a diversified portfolio
5.6.2021
Looking to build a diversified crypto portfolio? DeFi, stablecoins and oracles are three cornerstone sectors to consider
Analyst says DeFi and stablecoins held up well as crypto markets imploded
27.5.2021
DeFi showed tremendous strength during last week’s sell-off as DEX activity and stablecoin stability prove the sector may be ready for mass adoption
Daily Cryptocurrency Exchange Trade Volume Taps All-Time High, Stablecoin Swaps Dominate
24.5.2021
According to this week’s data, cryptocurrency trade volume touched an all-time high on May 20, reaching $1.76 trillion in reported 24-hour volume. Daily trade volume statistics for Monday have been high, as reported volume from crypto market aggregators shows over $300 billion in 24-hour...
Glassnode predicts BTC rally as stablecoin supply tags record highs
4.5.2021
Tether, USD Coin, Binance USD, and DAI are now worth more than $78 billion combined
HOLD IT! The Great Ace Attorney Games Are Finally Getting Released Outside Japan
21.4.2021
Time to brush up on your jurisprudence, y’all, because today Capcom announced The Great Ace Attorney games are finally being released outside of Japan. Dubbed The Great Ace Attorney Chronicles, the collection features both Ace Attorney spin-offs, The Great Ace Attorney: Adventures and The Great...
MakerDAO moves to expand collateral assets and upgrade liquidation engine
21.4.2021
The new liquidation engine has been designed to offer Maker’s users greater predictability and security
Shift toward full decentralization pushes Maker (MKR) price above $4K
16.4.2021
Maker price rallies to a new all-time high as the MakerDAO community makes preparations to become fully decentralized
VC Backed Billion-Dollar Stablecoin Project Fei Protocol Falls Below the USD Peg
8.4.2021
The new decentralized finance (defi) stablecoin project called Fei had some issues this week after the 1:1 USD pegged token dropped well below its targeted $1 value. The Fei project was supposed to be similar to Maker DAO’s algorithmic DAI stablecoin and it was backed by major venture capital...
Atari to Launch a Crypto-Fueled Gaming Platform in the Ethereum Metaverse Decentraland
10.3.2021
In October 2020, the entertainment software company Atari launched a digital currency and later revealed plans to join the Ethereum virtual reality game Sandbox. On March 8, Atari announced that the company is now launching a casino in Decentraland, another metaverse built on Ethereum. According...
‘Game changer’ for Maker and Ethereum with Optimism Dai bridge announced
10.3.2021
The Optimism-Dai Bridge will allow fast withdrawals later this year
Story of Seasons Producer Writes An Apology To Fans Over Bugs, Glitches, And Loading Times
3.3.2021
When Story of Seasons: Pioneers of Olive Town was released last month in Japan, fans complained of long load times, bugs, and glitches. Producer Dai Takemura addressed these issues on the game’s official blog and offers his apology. Read more
Stablecoin RAI launches, a pure, decentralized alternative for DeFi
19.2.2021
The RAI stablecoin will attempt to bring stability to DeFi markets with the long-term goal of becoming a stable global reserve asset not tied to any nation’s currency