Sat, December 28

Uniswap Striving for $100-$200M Funding at $1B Valuation

Uniswap (v3) has 45.2% of the market share in terms of the trading volume. The native token UNI of the platform has recently outperformed the market. Each company has taken its own unique approach to reach its ultimate objective, which may include anything from introducing new goods to raising capital

September 30, 2022 2 mins read

Babylon Alphanet Launched by Radix For Early Test Development

Radix, the asset-focused DeFi smart contract platform, has now launched the Alphanet test network in anticipation of the impending Babylon release. The current Radix Public Network will get its first significant upgrade with the release of Babylon. Among all available options for DeFi, only Radix offers a comprehensive stack. Radix

September 29, 2022 2 mins read

Ribbon Finance Unveils New Options Exchange ‘Aevo’

In the initial release, built on Ethereum, users will only be able to pay in ETH. Ribbon Finance also launched Ribbon Earn and Ribbon Lend. The market for cryptocurrency derivatives is becoming more active. Ribbon Finance unveiled its new “high-performance” options exchange, Aevo, today. In the initial release, built on

September 28, 2022 2 mins read

Celsius Network CEO Alex Mashinsky Resigns Amid Bankruptcy

The company has been granted authorization to sell Bitcoin it has mined. Celsius Network was silent for weeks before filing for bankruptcy. The CEO of the defunct crypto lender Celsius Network, Alex Mashinsky, has resigned, as reported by a New York law firm in a news release published on Tuesday.

September 27, 2022 2 mins read

Nexo Plans Buying Stake in Summit National Bank

Summit National Bank is a US federally chartered bank, founded in 1984. Customers of Summit will now have access to blockchain products. Nexo, a cryptocurrency lending platform, recently revealed that it was acquiring a stake in Summit National Bank, based in Wyoming. Taking a stake in the US federally chartered

September 27, 2022 2 mins read

Crypto Lending Platform Voyager Digital’s CFO Resigns

Voyager’s existing CEO, Stephen Ehrlich, will act as interim CFO. This past July, Voyager declared bankruptcy under Chapter 11. During the COVID-19 epidemic, crypto lenders like Voyager saw an influx of customers attracted by the high-interest rates and convenient loan terms they provided compared to conventional financial institutions. CFO Ashwin

September 26, 2022 1 min read

DeFiChain Issued DFI Token Now Trading on Gate.io Exchange

It was announced today that the DFI token, issued by DeFiChain, would be listed on Gate.io, one of the world’s biggest cryptocurrency exchanges. DeFiChain is the premier blockchain on the Bitcoin network devoted to providing decentralized financial apps and services to everyone. DeFiChain has taken a huge step toward achieving

September 26, 2022 2 mins read

Hackers Bag $160 Million in Wintermute DeFi Exploit

The CEO said that the company was still financially stable. The hacker’s ETH address is presently holding $163 million worth of digital assets. According to Gaevoy, the company is willing to consider the occurrence a “white hat” assault. Evgeny Gaevoy, founder and CEO of Wintermute, state that the business has

September 21, 2022 2 mins read

The Newborn Hybrid Product ‘EARN’, Now Available on Cake DeFi

The recently launched EARN will protect its users from market volatility. EARN offers complete transparency and daily rewards on the blockchain. The prominent decentralized platform, Cake DeFi, has come up with a new initiative for investors. The firm recently announced the launch of a new hybrid investment product, EARN. According

September 20, 2022 2 mins read

Uplift DAO and InsurAce.io Collaborate to Protect IDO Launches

As a community, the team excitedly shared some encouraging news. It joined forces with one of DeFi’s most promising IDO accelerators. The market is ripe for disruption, and it may be found in a launchpad platform and crowdfunding community that brings together the vision of long-term support and the muscle

September 19, 2022 3 mins read
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