Sat, November 16

Chainlink Announces Launch Date of Anticipated Staking Feature

On December 1st, the Chainlink development team announced an update to its highly anticipated staking activities. Staking on Ethereum’s mainnet, according to the oracle provider, will become live on December 6th. Furthermore, at first, the lockup period for Chainlink staking may be anywhere from 12 to 24 months. But the

December 2, 2022 1 min 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

Ethereum and Polygon Support Now Added to Phantom Wallet

Earlier today, Phantom, one of the most widely used cold storage wallets for Solana-based decentralized applications and NFTs, announced that it will be expanding to include Ethereum and Polygon. Phantom is available for PC, iOS, and Android. When compared to centralized exchanges and firms that manage sensitive user data. The

November 29, 2022 1 min read

Web3 Gaming DAO ‘Game7’ Launches $100M Grant Program

Game7, a Web3 gaming DAO, launched a grant programme with a $100 million allocation. Funding such as this is intended to encourage developers to improve and expand the infrastructure necessary for Web3 gaming. According to a recent tweet from crypto and blockchain analyst WuBlockchain. The DAO plans to enhance smart

November 28, 2022 2 mins read

Crypto Lending Platform BlockFi Files For Chapter 11 Bankruptcy

A series of tragic incidents have unfolded over the last several weeks in the realm of cryptocurrency. After the FTX collapse, many in the crypto community were terrified. Several layoffs and withdrawal halt was witnessed on a regular basis. The cryptocurrency lending platform BlockFi was hit hard by the decline

November 28, 2022 1 min read

Liminal Digital Wallet Platform Integrates with XinFin

The Liminal digital wallet platform has been quite trending, doing all it can to its maximum. On such terms, as the latest initiative from the digital wallet platform, Liminal has successfully integrated itself with the XinFin XDC blockchain. The Liminal platform serves as a complete digital wallet solution giving out

November 28, 2022 2 mins read

Crypto Lender Genesis Being Probed by Several U.S States

Because of the widespread impact of FTX’s demise, several U.S. regulatory authorities are now looking into the crypto exchange and other centralized operators. According to Barron’s, regulators in many states are now looking into Genesis Global Capital. As per Alabama Securities Commission Director Joseph Borg, who spoke with Barron’s, “several

November 26, 2022 1 min read

Crypto Lending Platform Matrixport Seeking $100M Fundraise

Matrixport Technologies Pte, one of Asia’s largest crypto lenders, is attempting to seek $100 million in new capital at a $1.5 billion value. Due to the FTX crash, big crypto lenders like BlockFi and Genesis have been experiencing a severe shortage of available funds. Financial backers have pledged at least

November 25, 2022 1 min read

Singapore Launches Probe Into Crypto Lending Platform Hodlnaut

The newest update is that Singaporean authorities are looking into allegations of fraud and deceit against cryptocurrency lender Hodlnaut Pte. The struggling crypto lender’s operations have been strained along with the rest of the market in this crypto winter. With the collapse of the Terra ecosystem earlier this year, Hodlnaut

November 24, 2022 2 mins read

Will the Downfall of CeFi Lead to DeFi Adaptation?

Kanye West has blamed Adidas for suspending four of his bank accounts, totaling $75 million. And he added that he will meet the former president again in 2024. He stated that his decision was influenced by Adidas reportedly breaking into his bank accounts and locking away all of his money.

November 23, 2022 1 min read