The newest Parallel Finance funding round garnered several million dollars in risk capital funds. Polkadot’s Parallel on August 30, DeFi lending and staking protocol announced a $22 million Series A funding investment in a $150 million round. Polychain Capital led the investment, including conventional investors such as Alameda Research, Blockchain
While NFTs have gained the most attention via the high volume and spectacular sales of Art Blocks and Bored Apes this week. Decentralized finance protocols have discreetly attracted bigger capital stores. According to statistics from DeFi Llama. The “total locked value” (TVL) of the DeFi protocols across blockchains has reached
Avalanche is a potential platform for smart contracts based on the first advance in decentralized systems since Satoshi Nakamoto published the Bitcoin Whitepaper in 2008. Compared to Bitcoin, Bitcoin Cash and other proof-of-work currencies vying in currency replacement. Avalanche may seem like a distinct species, but we do have certain
The RanchiMall is basically an enterprise based on blockchain technology and applying it on a larger scale for use by the masses, including the application of smart contracts and much more. Despite being started up in India, it has significantly grown with a short aspiring and ambitious team though. In
It has never been simpler to earn a passive income due to the crypto sector and decentralized finance. Let us see the Top 3 Crypto Tokens most visited in the last 24 hours. Golden Doge (GDOGE) Golden Doge (GDOGE) is a token of a community with a golden vault that
The unidentified hacker or hackers seem to have exploited a weakness in the digital contracts Poly Network utilizes to transfer assets across various blockchain, according to blockchain forensics firm Chainalysis. After a theft of 610 million dollars earlier this week, Poly Network cryptocurrency trading platform has announced that it has
Bitcoin (BTC) has become a breakout star in Ethereum decentralized finance (DeFi) moment. The digital asset combines the advantages of both blockchains, bitcoin’s market value, and brand in conjunction with Ethereum’s programmability, into a very demanding token in the form of wrapped or tokenized bitcoin. It offers liquidity on Ethereum
These DeFi tokens are scheduled for the month of August. Such progress might also affect its Price. Algorand (ALGO) Current Price: $0.84 Market Cap: $2.651 Billion Market Cap Rank: #38 Algorand is a decentralized network aimed at accelerating the interchange of traditional and decentralized financial industries. Thus, this is achieved
As always there still persists a certain group of people in the world who are totally against the concept of cryptocurrency in many terms. They tend to always put forth allegations speculated upon the industry. Yet, with the impeccable growth of the crypto industry in the past decade and the
