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AscendEX Lists the Synthetify Token, SNY

AscendEX is excited to announce the listing of the Synthetify token, SNY, under the trading pair SNY/USDT on the AscendEX platform, starting January 25 at 2 p.m. UTC. Synthetify is a multi-collateralized, decentralized exchange of synthetic assets built on Solana. The platform aims to provide a bridge between cryptocurrencies, stocks,

January 25, 2022 3 mins read

JP Morgan Analyst Predicts Ethereum (ETH) Might Lose Ground To Solana (SOL)

Exorbitant costs are preventing a major segment of the DeFi community. Ethereum’s share of the decentralized financial sector has decreased. The JPMorgan Chase analyst Nikolaos Panigirtzoglou predicts that Ethereum’s supremacy in the decentralized financial industry would continue to erode. The network will be partitioned into several shards in order to

January 20, 2022 2 mins read

3 Top Blockchain Ecosystems You Should Focus on in 2022

The meteoric rise of blockchain technology in the past decade is nothing but spectacular. Bitcoin’s rise coupled with the growth of smart contract chains is enticing every global industry to try its hand at blockchain technology. Its decentralized, transparent and secure nature sees blockchain technology offer industries, companies, and governments

January 18, 2022 6 mins read

Amid the Bearish Market Momentum, DeFi TVL Falls 8.55% in 4 Days

Curve Finance now has the biggest TVL of $23 billion. Lido’s TVL dropped 14.03 percent among the top 10 protocols during a week. In recent days, the value of the crypto market has fallen and is now also visible in total value locked trapped in decentralized finance. From $255.84 billion

January 8, 2022 1 min read

Vitalik Buterin Shares His Views on Cross-chain Bridges

The “honest” blocks, according to Buterin, will keep the state consistent. Buterin argued that a cross-chain environment was undesirable. Ethereum co-founder Vitalik Buterin tweeted a link to a Reddit article today that discusses his optimism in a multi-chain future but expresses doubts about cross-chain ecosystems. Because of the “fundamental security

January 8, 2022 1 min read

ClearDAO DeFi Derivatives Factory Lists On KuCoin

Singapore, Singapore, 7th January, 2022, Chainwire ClearDAO announced its project token CLH will list on KuCoin on Jan 7th 13:00 UTC. The CLH/USDT trading pair will become available to users of the exchange. ClearDAO is the first KuCoin Spotlight project of 2022.  ClearDAO has raised 3 million dollars in seed

January 7, 2022 2 mins read

Powered by Autonomy, AutoSwap Brings the First Ever Limit Orders and Stop Losses to PancakeSwap on Binance Smart Chain

Zug, Switzerland, 6th January, 2022, Autonomy Network, an off-the-shelf decentralized automation protocol, is thrilled to introduce AutoSwap, the first ever dApp to offer limit order, stop loss, impermanent loss protection, and recurring payment features for Binance Smart Chain-based DEXes such as PancakeSwap. The dApp will also be available on Ethereum,

January 6, 2022 2 mins read

South Korea Plans to Begin Taxing Inherited or Gifted Crypto

A 20 percent tax would be imposed on earnings exceeding 2.5 million won. Taxing virtual assets has been postponed until 2023. Bitcoin’s momentum has been stifled since its all-time high of $67.5k. Many analysts’ predictions of Bitcoin reaching $100k by the end of the month turned out to be a

January 5, 2022 1 min read