Tag: DeFi

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The concept and future of decentralized Web3 domain names

Read this guide to learn about Web3 DNSs like ENS, Web3.0 hostings and how to buy Web3 domains. The future of Web3 domain names The Ethereum Name Service aims to make crypto transactions more convenient and accessible, similar to how PayPal can be used to pay a friend for lunch in crypto. ENS is a…
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Ukraine Sells 1,282 War-Themed NFTs in One Day, G7 & Crypto Regulation, Metaverse Potential + 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: Ukraine Sells 1,282 War-Themed NFTs in One Day, G7 & Crypto Regulation, Metaverse Potential + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Polygon Announces Zero-Knowledge Identity Platform for Web3

On March 29, Polygon, the layer two (L2) scaling solution that runs parallel with the Ethereum blockchain, has announced a new identity platform called Polygon ID. While the protocol is is still under development, Polygon ID is powered by zero-knowledge (ZK) cryptography and Polygon expects a public version of the ID wallet app and software…
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EU Lawmakers Back Regulation Threatening Unhosted Crypto Wallets, Defi Space

Members of the European Parliament have approved a controversial regulation that could undermine the decentralized finance (defi) sector in the EU. Some of its provisions, which are yet to be coordinated with other European institutions, aim to introduce restrictive measures for transactions involving privately managed crypto wallets. EU Parliament Moves to Introduce Verification for Defi…
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Zilliqa Token Rises Further as New NFT Gaming Partnership Announced

  The metaverse-focused Layer 1 blockchain Zilliqa’s native token ZIL once again rose sharply in price today, after new partnerships were announced and the progress in the roll-out of decentralized finance (DeFi) protocol was revealed…. Read More: Zilliqa Token Rises Further as New NFT Gaming Partnership Announced  Read more »Pay, Trade, Buy Bitcoin with Credit…
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Gumi Cryptos Reveals $110 Million Fund Targeting Early-Stage Blockchain Startups

On March 30, Gumi Cryptos Capital (GCC), announced the blockchain-focused venture capital firm’s second fund that will invest $110 million in early-stage blockchain startups. The second fund follows GCC’s initial $21 million fund that backed seed stage founders. Gumi Cryptos Capital Reveals Fund II — Firm Will Invest $110 Million Into early-Stage Blockchain Startups…
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Visa’s NFT Move, Shiba Gets Own DEX, Polygon ID, Huobi ETFs in Hong Kong + 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. __________ ____(Updated at 15:44 UTC with the Blockchain news section.)… Read More: Visa’s NFT Move, Shiba Gets Own DEX, Polygon ID, Huobi ETFs in Hong Kong + More News  Read more »Pay,…
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Axie Infinity’s Ronin Hack Exposes Risks of Proof-of-Stake and Centralization – Analysts

  The recent hack of Axie Infinity’s Ronin bridge reveals how proof-of-stake (PoS) chains still struggle with a fundamental flaw in their design, with speed and energy efficiency prioritized over security, an analyst at crypto exchange Huobi has said…. Read More: Axie Infinity’s Ronin Hack Exposes Risks of Proof-of-Stake and Centralization – Analysts  Read more…
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Over USD 600M Stolen in Blockchain Bridge Hack as Axie Infinity’s Ronin Exploited

  The first quarter of 2022 is about to end with one of the largest crypto thefts, as the gaming-focused Ronin bridge, which connects blockchains, has been exploited to the tune of more than USD 600m…. Read More: Over USD 600M Stolen in Blockchain Bridge Hack as Axie Infinity’s Ronin Exploited  Read more »Pay, Trade,…
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Hedera Launches USD 155M DeFi-Focused Fund

  A development fund worth USD 155m intended to boost the use of the Hedera (HBAR) network in DeFi applications has been announced by the HBAR Foundation. According to an announcement from the foundation on Tuesday, the new fund – dubbed the Crypto Economy Fund – will focus on “increasing accessibility into and within the…
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