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Search Results for: Anchor Protocol

Anchor Protocol (ANC) Price Rebounds Despite Sluggish Market Trend

Anchor Protocol (ANC) returned to its bullish shape after a two-month decline. ANC’s price might fall to its rising trend line support. The Terra blockchain’s largest DeFi platform, Anchor Protocol (ANC), looks to be swimming against the current. While the market was in freefall, its ANC token surged by more

May 7, 2022 2 mins read

Anchor Protocol Accounts For 52% of Total TVL on Terra

The price volatility of most crypto assets makes staking inappropriate for most clients. The Anchor liquidation pool is a higher-risk, higher-reward product. Withdrawals may be made quickly, and depositors get a low-volatility interest rate of 19.5 percent, one of the highest among stablecoins. bLUNA and bETH may be used as

March 24, 2022 2 mins read

Anchor Protocol (ANC) Price Rebounds, Surges 15% in Last 24 Hours

The protocol continually burns ANC to support its price while issuing ANC tokens. Investors in Terra’s dollar-pegged stablecoin may earn a steady 20% APY. The Terra blockchain-based decentralized finance (DeFi) platform Anchor Protocol (ANC) has recovered approximately 300% in over a month after hitting a low of $1.26. At $4.97

March 8, 2022 1 min read

KuCoin Labs Announces Its Strategic Investment in ISSP, the First Cross-chain Inscription Protocol on Sui, to Advance Users’ Inscription Experience

VICTORIA, Seychelles–(BUSINESS WIRE)–In a significant move underpinning its commitment to blockchain technology innovation, KuCoin Labs has announced its investment in ISSP. This investment is aimed at supporting the development of ISSP’s ground-breaking inscription protocol, which operates on the cutting-edge Sui network, known for its high throughput and scalability. ISSP is

January 3, 2024 3 mins read

KuCoin Labs Announces Strategic Partnership with OOFP, an Innovative BTC Ecosystem All-protocol Vault, to Support all Kinds of Assets on Bitcoin

VICTORIA, Seychelles–(BUSINESS WIRE)–#blockchain–In a landmark collaboration, KuCoin Labs has joined forces with OOFP, a project within the Bitcoin ecosystem that provides value-added services for assets like inscriptions, runes, and NFTs. OOFP combines a vault pool for mining with strategies like holding, staking, and DeFi to enhance asset appreciation and growth.

December 28, 2023 3 mins read

Polychain Capital and Hack VC Lead $18 Million Funding Round for Bitcoin Staking Protocol Babylon

PALO ALTO, Calif.–(BUSINESS WIRE)–Babylon, the project that aims to build a Bitcoin-secured decentralized world, today announced the close of its $18 million funding round. The round was co-led by Polychain Capital and Hack VC, with participation from Framework Ventures, Polygon Ventures, Castle Island Ventures, OKX Ventures, Finality Capital, Breyer Capital,

December 7, 2023 7 mins read

Bunzz Launches Hackathon Operation Service Tailored for the Japanese Blockchain and Protocol Project Market

SINGAPORE–(BUSINESS WIRE)–Bunzz, Asia’s premier platform for decentralized application (DApp) development, is proud to announce the expansion of its enterprise services with the introduction of a specialized hackathon service for developers in Japan. Following an impressive $4.5 million seed funding round, Bunzz stands as a beacon of innovation, housing over 15,000

November 21, 2023 3 mins read

Story Protocol Launches With Over $54M in Funding Led by Andreessen Horowitz

Story Protocol is building the infrastructure layer to power a new era of open and collaborative IP. The project launches with filmmaker David S. Goyer as an advisor. SAN FRANCISCO–(BUSINESS WIRE)–Story Protocol, an open infrastructure designed to power a new era of creativity and intellectual property (IP) ownership, has raised

September 6, 2023 5 mins read