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Vader Protocol Announces Closure of Algorithmic Stablecoin USDV

There will be no further releases of the app that generates the stablecoin Vader Protocol US Dollar (USDV), its creators said on December 29. Like the doomed Terra network, Vader protocol was an algorithmic stablecoin network. It was hoped that encouraging arbitrages would ensure that USDV would always be worth

December 31, 2022 1 min read

OpenOcean DEX Aggregator Launches New Cross-chain Swap Platform

As a result of pooling liquidity from several DEXs, aggregators may provide their consumers with more advantageous token exchange rates than any single DEX could provide. When executed properly, DEX aggregators may optimize slippage, swap fees, and token prices, providing customers with a more favorable exchange rate. OpenOcean, a DEX

December 23, 2022 1 min read

Unbanked Cryptocurrency Cards: The Mass Adoption Panacea

The problem of mass adoption of cryptocurrencies is closely tied to accessibility. If cryptocurrencies are hard to use by the general masses, how can they ever become a staple form of value exchange on a global scale? Unbanked Inc, a US-based fintech firm, seeks to provide answers to this question

December 19, 2022 3 mins read

Starbucks Launches Beta Version of Odyssey on Polygon

Starbucks has launched the beta test of its highly anticipated Odyssey experience, which integrates customer loyalty benefits with a non-fungible token (NFT) collection and other gamified aspects. Starbucks teamed with the polygon in September to create the Starbucks Odyssey web3-powered experience. It’s time to wake up and smell the coffee

December 9, 2022 2 mins read

Metacade Presale for Web3’s First-Ever P2E Crypto Arcade Raises Over $670k in Under 2 Weeks

London, United Kingdom, 8th December, 2022, Chainwire Metacade, the first-ever community-developed play-to-earn (P2E) blockchain arcade, has announced the launch of its highly anticipated $MCADE token presale.  The sale of Metacade’s native utility token sold over an incredible $670k in under 2 weeks, with their Beta Sale stage now over 60%

December 8, 2022 5 mins read

Ankr Protocol Assaulted in a Multi-Million Dollar Hack

Ankr, the blockchain-based decentralized finance (DeFi) protocol, has revealed that the platform has been targeted by a massive multi-million dollar exploit on Thursday. According to a recent tweet from Ankr, its “aBNB token has been exploited” and the platform is currently working with various exchanges to quickly suspend trade of

December 2, 2022 1 min read

Bitwise Announces Results of November 2022 Month-End Crypto Index Reconstitution

Chainlink (LINK) re-enters the Bitwise 10 Large Cap Crypto Index and the Bitwise 10 ex Bitcoin Large Cap Crypto Index; Balancer (BAL) enters the Bitwise Decentralized Finance Crypto Index SAN FRANCISCO–(BUSINESS WIRE)–Bitwise Index Services, the indexing subsidiary of Bitwise Asset Management, today announced the results of the monthly reconstitution of

December 2, 2022 7 mins read

BitMEX Partners with Solidus Labs to Bolster Comprehensive Transaction Monitoring Programme

Solidus’ HALO platform, an all-in-one crypto market integrity hub, will enhance BitMEX’s ability to monitor for a range of risks, prevent financial crime, and comply with evolving regulatory requirements NEW YORK & MAHE, Seychelles–(BUSINESS WIRE)–#crypto—BitMEX, one of the world’s largest crypto trading platforms, announced today that it has partnered with

November 29, 2022 3 mins read

MetaMask All Set to Collect Users’ IP Addresses On-Chain Transaction

The wallet’s developer ConsenSys published a revised privacy policy agreement On Nov 23, which prompted criticism on social media. That stated, ConsenSys’ well-known Infrura product has been intended to collect users’ additional data. According to the statement, MetaMask would start collecting users’ IP addresses and Ethereum wallet addresses while on-chain

November 25, 2022 1 min read