DeFi has brought several new functionalities to the crypto world. From crypto mining to yield farming, everything has been optimized through the integration of blockchain technology and DeFi applications. We can see more and more platforms utilizing this tool to develop unique services and products to promote decentralization and adoption of financial services in the…
Launched in 2018, Uniswap is a decentralized exchange protocol that allows users to swap between any two ETH-based tokens. Apart from providing a simple platform to liquidity providers, Uniswap has made the whole process of providing liquidity and earning trading fees a lot simpler. Uniswap liquidity providers earn trading fees on every trade made on…
Algorand and pNetwork have announced a partnership that will bring more connectivity to the Algorand ecosystem with an external network. The partners will launch a cross-chain bridge with major platforms across the crypto industry. To achieve their objective, the Algorand Foundation gave pNetwork a grant to create a bridge powered by its platform. Thus, Algorand…
Up-and-coming derivatives exchange GlobeDEX – or Globe as it’s simply known – has closed a private round worth $18 million. A host of blockchain VCs lined up to back the exchange on its mission to create an advanced trading platform that can cut it with the best of them. Its team, who can’t be accused…
In a rapidly transforming world, making hay while the sun shines is definitely the wisest road to progress. Success, in whatever domain, comes to those who keep with the time. Considering the ongoing bull run, this is especially true of the blockchain-cryptocurrency sector. Bitcoin’s price has stayed above the $50,000 mark for some time now,…
Concordium, a privacy-focused blockchain, has just completed its fourth funding round in which the firm raised $36 million; this pushed the valuation of the blockchain firm to around $1.5 billion. The funding round was focused on the Private Placement of its cryptocurrency GTU. The raised capital would be used to expand the works of the…
Tesla adding Bitcoin to its corporate treasury back in February was considered an inflection point for the cryptocurrency. A major corporation adopting BTC into its balance sheet seemed like a sign that the BTC has gone mainstream. CEO and “Technoking of Tesla” Elon Musk was apparently convinced by MicroStrategy’s CEO Michael Saylor to follow a…
With the rollout of Go-Opera, the most significant network upgrade yet, Fantom’s blockchain technology can now execute transactions in less than a second, with industry best transaction fees. Blockchain technology has typically suffered with incredibly slow transaction speeds and very high transaction fees. Fortunately, a new generation of blockchain platforms has arrived, and a key…
WiseSoft has recently announced that its integration with Binance Smart Chain is about to unravel into a BNB backed liquidity pool, funded via the upcoming Wise Liquidity Transformer Event on April 27th, 2021. The event will run for 15 days only or until the pool ceiling of 200,000 BNB is reached. Such a move, by…
These days IDOs are becoming a preferred fundraising model among many DeFi projects. The community of DeFi users, too are keen to discover new emerging tokens way before everyone else. The fact that there are many IDO platforms already and many more are launching, validates their demand for it. Although there is no lack of…