In the past months, there have been a series of attacks by hackers on cross-chain bridges. These attacks have caused serious damage to the cryptocurrency community. Meanwhile, the latest attack was on the popular cross-chain bridge, Horizon Bridge, owned by Harmony. Given the recent economic downturn, this is a huge blow to the DeFi platform….
Given considerable advancements in Defi on the horizon, companies may probably switch beyond component to texture configurations. Defi (decentralized currency) is positioned to rule its growth as from the long term fundamentally, with a mixture of cryptocurrency acceptance bordering on conventional, a hunt for doubling and unexpectedly treble computerized revenue, and groupings providing authentic benefit…
Yearn Finance is a DeFi aggregator service, and its token YFI is among the top-performing assets in the crypto market, with a 50% 7-day increase. The rally came as the project proposed to adjust its tokenomics. Though voting is progressing, Yearn Finance has revealed a four-phase rollout strategy to help change tokenomics. The proposed tokenomics…
Monero, Helium, and Uniswap recovered from downbeat this week after losing steam over the past few weeks. These alternative coins gained over 20% within the last seven days and have their short-term technicals suggest more upswings. The past 24 hours had UNI, XMR, and HNT gaining over 11%. Let’s check the levels you may need…
MATIC recorded a new ATH of $2.92. The alternative token has possibilities of exploring further surges before this year’s end. The run-up saw Polygon claiming the 14th spot in the crypto-list by market cap. Polygon (MATIC/USD) is a scalability blockchain network and a framework connecting and building Ethereum-compatible blockchain networks. It’s a Layer2 aggregator that…
As 2021 nears an end, Charles Hoskinson shares his views on Cardano’s 2022 roadmap while contemplating the previous 12 months. Cardano’s founder Charles Hoskinson appeared on a YouTube Christmas broadcast, sharing some of the crypto project’s objectives in the coming year. He reflected on the success the entire crypto market and Cardano has had. Hoskinson…
The Security Exchange Commission is abuzz as two of the regulator’s commissioners took to social media to show their dissatisfaction over the SEC’s Chairperson’s newly published,’ Regulatory Flexibility Agenda.’ United States Securities and Exchange Commission (SEC) commissioners Hester Peirce and Elad Roisman have expressly shown their disapproval over the commission’s chairperson Gray Gensler’s new Regulations…
Solv Protocol, a decentralized platform for creating, managing, and trading financial, has introduced its latest innovation, the Initial Voucher Offering (IVO). The team has now offered a new unique method of raising revenue to the crypto world. The protocol has a unique standing amongst the other protocols in the industry currently. It fabricates a unique…
In the last 14 days, the price of DFI has increased greatly. Stats suggest this will continue upwards with value gains above 60%. At least three major aspects were aiding DFI system directly in garnering further and improved attention. The Decentralized Finance (DeFi) sector has been providing DeFiChain Technology for more entities and people to…
The value of DFI is surging exponentially, particularly within the last 14 days, and statistics suggest that it will continue to improve further even after gaining value gains above 60%. For the technology of “distributed ledgers”, Decentralized Finance (DeFi) sector has been providing a very distinct usage called “DeFiChain (DFI)”. Because of this distinct usability…
Top cryptos in the financial space appear on a violent move this weekend. However, not all cryptocurrencies move in a similar direction. Let us dig deep. What Happened? If you have not checked your cryptocurrency in the past 48 hours, a lot may be waiting for you. The crypto space is in turbulence at the…
Unlike most alternative coins, Elrond has had an impressive November. Nevertheless, that is when it comes to network growth. Moreover, Elrond’s expansion into the decentralized finance (DeFi) marketplace proved fruitful as the crypto projects achieved many records through the Maiar DEX. Maiar and Elrond over the Past 10 Days After Maiar’s launch on November 19,…
The recent gains had WAVES overcoming GRT and QNT, ranking 47 by market capitalization. WAVES parameters show that the coin will sustain extended bullish. An NFT play-to-earn game Waves Ducks, is among the elements contributing to the alt’s positive actions. The top ten digital currencies lead the financial market today after yesterday’s downside actions. Some…
Nasdaq, in collaboration with Tiingo and Finnhub, will provide pricing data to DeFi Chain, a Decentralized Finance ecosystem built just on the BTC network. Blockchain-based digital equities had a rocky few quarters in terms of regulation, but it does not appear to have prevented financial system behemoths and decentralized finance proponents from striking new agreements….
MBOX (MOBOX) is a cryptocurrency that has recently gained popularity. It was launched in April of 2021. After being revived in 2021 with the inclusion of MOBOX as the 22nd project, it allows users to wager tokens in exchange for the opportunity to get additional cryptocurrencies. The announcement had immediate consequences. MOBOX tokens were trading…
Cardano founder Charles Hoskinson appears to enjoy the progress that Solana (SOL) has had. He congratulated them for their prosperity. Also, he wanted to understand the project’s details, asking where to find the necessary info. Solana was the first alternative asset to set a new record high after the May crash. Moreover, the coin posted…
Is Avalanche capable of maintaining its present performance level? As soon as the incentives were announced, an avalanche of DeFi consumers flocked to the site. The Avalanche DeFi ecosystem’s value has reached USD 1.8 billion, more than doubling in less than a month. This is why. Similar to Binance Smart Chain (BSC) and Polygon’s surge…
Cardano’s native ADA token continues its price rally today as work on the stablecoin’s “Alonzo update” continues and a new document describing the technical foundation of the Cardano-based stackable coin is released. Today, Thursday (11:09 UTC), the ADA is trading at $2.12, up 5.1% in the past 24 hours. Recent activity means that the token…
The developer tool that allows ETH developers to manage and verify the smart contracts that power their decentralized applications is the newest crypto firm to pique the curiosity of venture capitalists. As per its Chief Executive Officer, Andrej, in talk with TechCrunch spoke that the firm secured $15.3m in the initial series of a financing…
The globally recognized decentralized exchange ‘Uniswap’ has declared the exclusion of a lot of tokens out of the interface of its application. On July 23rd, an announcement was made by Uniswap Labs, which emphasized the removal of tokens only from the interface of the application as well as the protocol is still immutable. Uniswap Labs,…
