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DeFi

StomGain’s Innovation in DEX: Fintech Awards FalconX 360

Daniel Sharkey | March 23, 2023 | Leave a comment
StormGain Introduces the Decentralized Exchange FalconX 360 Receives a Major Fintech Innovation Recognition StormGain Introduces the Decentralized Exchange The decentralized exchange (DEX) by crypto company StormGain allows a decentralized trade of digital holdings even without protective liability. The DEX...
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GameFi on Ignition: Metacade (MCADE) Preorders Collect $9.3M

Daniel Sharkey | March 8, 2023 | Leave a comment
GameFi Initiative Ignites the Scene VeChain and DappRadar Change Game for Cross-Chain Visibility GameFi Initiative Ignites the Scene Five of the six stages of the MCADE token pre-acquisition for Metacade’s GameFi arcade project have been completely sold out, raising...
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What are Blockchain Oracles and How Do They Work?

Aaron Rodriguez | March 3, 2023 | Leave a comment
Managing on-chain and off-chain data on blockchains is one of the most challenging tasks. Oracles are used to convey information between the real world and activities on the blockchain. Oracles can make everyday life a lot easier for users...
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Platypus DeFi Protocol Reveals Compensation Plan After $9 Million Flash Loan Attack

Daniel Sharkey | March 1, 2023 | Leave a comment
Platypus, a decentralized finance (DeFi) protocol, suffered a flash loan attack nearly two weeks ago, resulting in a loss of approximately $9 million from its main pool. However, Platypus confirmed that the attack was possible due to a code...
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Tornado Cash: Risks and Consequences for DeFi Security

Daniel Sharkey | February 27, 2023 | Leave a comment
How Lendhub Network Malicious Actors Laundered $3.85M Filipinos Alerted About Cryptocurrency scams How Lendhub Network Malicious Actors Laundered $3.85M The persons thought to be behind the world’s biggest scam in early January 2023, valued at several million dollars, reportedly...
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Digital Asset Custody Services: DZ Bank Partners with Metaco

Daniel Sharkey | February 24, 2023 | Leave a comment
DZ Bank, the second-largest bank in Germany, has announced that it has chosen Metaco to provide its digital asset custody solutions. This move marks the fourth partnership between Metaco and major financial institutions in the last eight months. This...
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Solana & Anchor Network Excite as Orbeon Network Offers Investors Return on Investment

Daniel Sharkey | February 7, 2023 | Leave a comment
A digital asset project’s future and existing influence are many factors that virtual digital assets investors and traders note when stacking their assets; currently, SOL, Orbeon network, and Anchor network are three encouraging crypto asset projects worthy of customers’...
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What is a Flash Loan Attack and How to Avoid It?

Aaron Rodriguez | December 31, 2022 | Leave a comment
Introduction The permeation of DeFi has started to gain more traction with every passing second. TradeFi is plagued with issues on account of economic setbacks such as increasing interest rates, money supply, social restrictions, and approaching recession. Therefore, more...
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BNB Chain Ends 2022 as Second Most Preferred Network for DeFi Projects

James Dodson | December 30, 2022 | Leave a comment
BNB Chain boasts the 2nd largest total value locked after ETH. 12% OF BNB Chain-house tokens are scam coins. The blockchain awaits a hardfork update in the coming year, planning to incorporate staking onto Beacon Chain. BNB Chain’s $4.05...
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Ethereum (ETH) Fundamentals Appear Impressive, But Analyst Forecast Pain Ahead

James Dodson | December 26, 2022 | Leave a comment
It’s been around 100 days since Ethereum’s merge. The blockchain has 491K active validators securing the platform. Analyst forecast another price dip for Ethereum. Ethereum hasn’t been this better fundamentally. Nonetheless, Ether’s price action is yet to reflect this,...
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You Can Cheer Christmas with These Discounted Cryptos

James Dodson | December 20, 2022 | Leave a comment
OCEAN printed a bullish divergence in its weekly RSI. AAVE formed a double bottom formation. XMR reclaimed the horizontal resistance region of $127. The trio has recorded a massive decrease since hitting their respective ATHs. Nevertheless, all three digital...
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Chainlink (LINK) Remains Solid with 7% Weekly Surge, But Things May Change

James Dodson | December 7, 2022 | Leave a comment
LINK saw a price move that dissolved the token’s 7% weekly surge. LINK explored a price pump that had it surging over 20% within the last two weeks. Chainlink blockchain boasts 20 successful integrations. The past 30 days saw...
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Ankr Confirms Latest Exploit, Halts Trading Of aBNBc

Daniel Sharkey | December 2, 2022 | Leave a comment
Ankr, a BNB Chain-based DeFi platform, has confirmed a recent attack by a hacker. The protocol confirmed that hackers stole assets worth millions of dollars on December 1st. PeckShield, an on-chain security platform, first discovered the attack on December...
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J.P. Morgan Conducts the First-Ever Defi Deal Using A Public Blockchain

Kavon Hyatt | November 4, 2022 | Leave a comment
J.P. Morgan has closed the first international transaction to use distributed financing (DeFi). A public blockchain served as a means to complete the transaction. Project Guardian enabled the transaction to take place on November 2 .The Monetary Authority of...
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White Hat Hacker Returns Over 50% Off Stolen Funds

Kavon Hyatt | October 31, 2022 | Leave a comment
A SlowMist report has revealed that over $7 million has been returned from an attack on the DeFi platform, Team Finance, in late October. The hacker who stole $14.5 million from Team Finance began returning the stolen assets to...
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Uniswap Version 3 TWAP Oracles Move to Proof-of-Stake

Kavon Hyatt | October 29, 2022 | Leave a comment
Price oracles are tools used to see the price information about a particular asset. Developers usually run into oracle bugs in the process of building smart contracts that get integrated into decentralized finance protocols. The Uniswap version 3 helped...
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Coinbase Claims That the Adoption of USDC Is Lagging Beyond The US

Kavon Hyatt | October 21, 2022 | Leave a comment
The American cryptocurrency exchange Coinbase has recently made some assertions. It asserts that outside of the United States, the acceptance of USD Coin (USDC $1.00) has been “more cautious.”  The company believes this is a result of the significant...
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Cardano’s New Lending and Borrowing Mechanism Are Now on Testnet

Kavon Hyatt | October 8, 2022 | Leave a comment
A Cardano-based business called Liqwid Labs has made an interesting comment. The claim relates to the recently created peer-to-pool lending and borrowing mechanism. On Cardano’s preview testnet, the newly introduced capability is now operational. Tailor-Made Smart Contracts The new...
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The Lunch of An Official Twitter App for The Blockchain Is Finally Here

Kavon Hyatt | October 7, 2022 | Leave a comment
These days, centralized platforms like Twitter, Instagram, and TikTok are where content is hosted. Numerous well-known thought-leaders have demanded an alternative. Twitter founder Jack Dorsey and Elon Musk are examples of these leaders. The Aspirations of Musk and The...
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Gate.Io List Defichain’s DFI Token

Kavon Hyatt | September 26, 2022 | Leave a comment
DeFiChain’s DFI tokens are now available on Gate.io, according to a recently issued official announcement. The statement was made by the company on September 26th, on Monday. The group issued a news statement, which they distributed on Coinjournal. Utilizing...
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Polkadot Users Can Now Purchase USDT

Kavon Hyatt | September 24, 2022 | Leave a comment
Tether Operations Limited (hereafter referred to as ‘Tether’) released the official statement. Tether is a company that runs the blockchain-based Tether.to network. The most valuable stablecoin, as measured by market cap, is powered by Tether. Insights About Polkadot’s Pertinence...
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Over $433M Liquidated Following The Fall in Price of Bitcoin and Ethereum

Kavon Hyatt | September 19, 2022 | Leave a comment
The price of the most popular cryptocurrency, Bitcoin (BTC), continues in an adverse price movement. The negative trend continued throughout the weekend, reaching a new three-month low of $18,390. Information about the price fall follows the statistics provided by...
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NFTs: Wade has Recently Formed a Partnership with One of G-Dragon’s Brand

Kavon Hyatt | September 13, 2022 | Leave a comment
WADE is not limited to any one musical style. WADE has a huge following because of the offering of frequent encouragement to creative people all around the globe to broaden their horizons and pursue several creative paths. IPX, the...
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Dogecoin (DOGE): What This Proposal Could Mean for Investors

James Dodson | August 24, 2022 | Leave a comment
The markets might have confirmed that another leading cryptocurrency head, Vitalik Buterin, supports the Dogecoin ecosystem. Of course, the wealthiest man globally, Elon Musk, has backed the meme coin over the past year. Nevertheless, another development of the Dogecoin...
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Ethereum Merge: How Severe is the ‘Regulatory Capture’ Threat?

James Dodson | August 21, 2022 | Leave a comment
Blockchain networks want to build and enhance security, decentralization, and scalability. However, leading networks such as Ethereum have discovered that balancing the trio isn’t easy. Ethereum has battled to maintain decentralization since the platform rollback, which erased the DAO...
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Solana (SOL): Assessing Whether It Could be Time to Execute Longs

James Dodson | August 19, 2022 | Leave a comment
Solana welcomed this week with bearishness after hitting the $48.38 peak on August 13. However, the alternative token remains weak during this publication as it surrenders the $40 mark amid continued bear assault. Nevertheless, retesting the near-term resistance line...
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