Mon, April 14

Web3 Network Peaq Collaborates with AllianceBlock’s Fundrs Platform

The Web3 network peaq, which drives the Economy of Things (EoT), has now announced its integration with the decentralized peer-to-peer fundraising platform Fundrs. AllianceBlock, a supplier of full stack decentralized financial solutions, has released a new product called Fundrs, which makes it possible for developers creating dApps on peaq to

September 1, 2022 2 mins read

Infinity Exchange Unveils Future of Institutional Fixed Income in DeFi

The decentralized financial system Infinity Exchange has announced the launch of its Testnet, promising remarkable capital efficiency for traders, yield farmers, and real-money investors. Through its hybrid structure on the Ethereum blockchain, which executes computations and risk management off-chain, Infinity Exchange, an Institutional Fixed Income platform, promises to revolutionize the

September 1, 2022 3 mins read

Singapore High Court Grants Hodlnaut Judicial Management

Angela Ee and Aaron Loh of EY Corporate Advisors Pte are temporary managers. To save costs, Hodlnaut let off 80 percent of its workforce last week. The Singapore High Court have just now approved judicial management for the cryptocurrency lending platform Hodlnaut. The official announcement announces that Angela Ee and

August 30, 2022 1 min read

FBI Alerts the Investors Regarding the Recent DeFi Scams

As per recent reports, the attackers stole nearly $2.45 billion in DeFi. Cybercriminals stole $1.3 billion in cryptocurrencies between January and March 2022. Following the DeFi attack warning from the U.S Federal Bureau of Investigation (FBI), the latest data reveals that, since the beginning of decentralized finance (DeFi), approximately $2.45

August 30, 2022 2 mins read

Terra Crash Pushed TVL Nose Dive in DeFi Protocols

Risk Harbor and Astroport (ASTRO), dropped by more than 93% and 99%. Over $31 billion has been lost in these protocols since then. Investors’ worst fears had come true with LUNA’s demise, as the whole cryptocurrency ecosystem took a severe hit. While the LUNA tragedy had received the most attention,

August 29, 2022 1 min read

Leading DeFi Protocol Compound Releases New Upgrade

The release is the result of a successful governance proposal. As of right now, customers may only withdraw their collateral. To simplify the process of borrowing and lending cryptocurrency, Compound, the leading DeFi protocol, has released a new “streamlined” version of the protocol dubbed Comet. The release is the result

August 26, 2022 2 mins read

Intermediaries No Longer Need to Manage Digital Assets, Says Ledger CEO

Pascal Gauthier says there is no longer a need for centralized exchanges. Consumers should utilize decentralized technology, as per the Ledger CEO. Pascal Gauthier, the CEO of Hardware wallet developing technology, Ledger recently warned the consumers in connection with investing in centralized exchanges. In an interview held at the Bitcoin

August 26, 2022 2 mins read

Crypto Lending Platform Celsius Files Countersuit Against KeyFi

About a month ago, KeyFi claimed that Celsius had scammed it out of money. Celsius suspended client withdrawals on June 13. Celsius has filed a countersuit against its ex-partner. Celsius, a cash-strapped crypto lending organization, has filed a lawsuit against KeyFi, a DeFi strategy firm, and its CEO Jason Stone,

August 24, 2022 1 min read

Cardano’s Adademon will Launch Metaverse Game Soon

The Adademon team created an NFT land called Elysian Plains. The Overlord effect is one of the special characteristics of Elysium Lands. The Metaverse-based play-to-earn platform Adademon has altered the NFT gaming industry that it has signed a development contract with renowned NFT game production studio CUBIX.co. The Adademon team

August 23, 2022 2 mins read

Creditors of Voyager Digital File Petition Over Retention Proposal

Voyager Digital filed an application with the United States Bankruptcy Court. The creditors of the exchange, however, did not agree with the plan. The Unsecured Creditors Committee of Voyager Digital Holdings has filed a petition objecting to the business’s plan to retain its workers by offering them financial incentives to

August 22, 2022 2 mins read