Tag: DeFi

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Blockchain Games Strongest Category Amid Crypto Market Downturn

  Blockchain games is the category within crypto that has resisted the industry downturn the most, with activity still being up 197% year-over-year, DappRadar’s Industry Report for May shows. The sector’s resilience is clear despite a drop in the number of game transactions of 5% in May compared to the month before, DappRadar said, comparing…
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Kazakhstan Central Bank Exploring ‘Opportunities in Crypto, DeFi ‘Innovation’

  Kazakhstan’s central National Bank has stated that it is “interested in” the “opportunities for innovation” that cryptoassets and DeFi can “give” the government. Per Tengrinews, the Governor of the National Bank Galymzhan Pirmatov told journalists at a press conference, that Kazakhstan wanted to benefit from the technology that had been developed by the “cryptocurrency…
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Bitcoin Mining Difficulty Ticks Up, Solana’s USD 100M Bet, NFT Ticketing + More News

  Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Bitcoin Mining Difficulty Ticks Up, Solana’s USD 100M Bet, NFT Ticketing + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

French Lawmaker Releases New Report to Push for Crypto Legislation

  Pierre Person, a lawmaker from France’s ruling La République En Marche! (LREM) party, has unveiled a new report which introduces a number of legislative proposals related to crypto and digital assets, pushing for the adoption of crypto legislation in the French parliament. … Read More: French Lawmaker Releases New Report to Push for Crypto Legislation…
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Osmosis DEX Hacked for USD 5M, Team Denies Liquidity Pools Being ‘Completely Drained’

  Osmosis, a proof-of-stake (PoS) blockchain with a decentralized exchange (DEX) application within the Cosmos (ATOM) ecosystem, has been exploited to the tune of some USD 5m. The project’s official Twitter account confirmed the hack but denied allegations that liquidity pools were completely drained. “Devs are fixing the bug, scoping the size of losses (likely…
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USD 100M Cronos Accelerator, Citadel Mulls Crypto ETFs, USD 6M Bug Bounty + More News

  Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: USD 100M Cronos Accelerator, Citadel Mulls Crypto ETFs, USD 6M Bug Bounty + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

DEXes Outpace CEXes, Binance Buys CAKE, Losing Crypto Funds, IRA vs. Gemini + More News

  Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________  … Read More: DEXes Outpace CEXes, Binance Buys CAKE, Losing Crypto Funds, IRA vs. Gemini + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Report on Lightning Network-Powered DeFi and NFTs Dismissed Even by Bitcoin Advocates

  A discussion has emerged about possible use cases for the Bitcoin (BTC) Lightning Network, and whether the network could potentially support decentralized finance (DeFi) applications and non-fungible tokens (NFTs). The discussion followed the publication of a paper by three well-known bitcoiners…. Read More: Report on Lightning Network-Powered DeFi and NFTs Dismissed Even by Bitcoin…
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Avalanche Co-Founder Emin Gün Sirer Discusses Macro Conditions and AVAX Sliding in Value

The price of Avalanche has slid significantly since the crypto asset’s all-time high as the token has dropped 83% in value since then. In a recent interview published on May 31, Avalanche co-founder, Emin Gün Sirer, discussed how bear market conditions have impacted cryptocurrencies like avalanche (AVAX). The Avalanche co-founder mentioned “macro conditions” and that…
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MakerDAO ‘Endgame Plan’ Calls for Specialized DAOs, Says Protocol is Held Back by Complexity

  A detailed proposal to bring the MakerDAO (MKR) protocol to a “predetermined, immutable end state” by setting up several new decentralized autonomous organizations (DAO) has been published by the protocol’s founder Rune Christensen. The plan aims to improve governance and tap into “the raw power of modern [decentralzed finance] (DeFi) innovation.”… Read More: MakerDAO…
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