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“# Immunefi to bolster DeFi security service with new funds ” DeFi security platform Immunefi has announced a $5.5 million funding from a panoply of eleven institutional investors including Blueprint Forest, Electric Capital, Framework Ventures and Bitscale Capital, in addition to a series of private individuals. Immunefi will utilize the funds to advance its services…
“# Solana reclaims $200 — 3 reasons why SOL price is up 35% in seven days ” Solana’s (SOL) price edged up on Monday in the wake of a market-wide price rally led by Bitcoin (BTC), its total volume locked (TVL) hitting record highs and a promising technical setup. Bitcoin triggers market-wide rally SOL climbed…
“# Fear not, investor: Finding stability amid crypto market volatility ” In a calendar year, the total crypto market capitalization more than quadrupled from $361 billion to more than $1 trillion in January — reaching an all-time high of around $2.6 trillion in May. Just weeks later, more than $800 million was wiped off of…
“# We haven’t even begun to tap into the potential of NFTs ” Earlier this summer, CNN and The New York Times each warned that the nonfungible token (NFT) bubble, fueled by buzz over eye-popping valuations for digital art and interest from collectors, might already be bursting. As the sixth employee at a social media…
“# Fear of the unknown: A tale of the SEC’s crusade against synthetics ” On the opening day of Messari Mainnet 2021, New York City’s long-awaited first crypto conference since the start of COVID-19, reports came blazing in via a viral tweet that the United States Securities and Exchange Commission had served a subpoena to…
“# DAOs will be the future of online communities in five years ” Online communities, those that share a common interest on the internet, can range from social networks, grassroots organizations and customer communities. We, as a society, are naturally communal, so it makes sense to engage in ideas and interests with others online. Whether…
“# Breaking Google’s monopoly: Internxt pushes decentralized cloud as privacy concerns grow ” Privacy-focused blockchain file storage service Internxt has a lofty vision: leverage decentralized technology to break Big Tech’s monopoly over user data. Its first product, Internxt Drive, aims to compete as an alternative to Google Drive and Dropbox — without compromising personal privacy…
“# Mono X launches mainnet on Ethereum and Polygon ” Automated market maker (AMM) MonoX has announced the official launch of its mainnet platform, offering investors a full complement of swap and liquidity capabilities on the Ethereum and Polygon blockchain networks. With the release of this new service, Mono X is aiming to establish a…
“# How Binance is protecting its users with responsible trading program ” The sad reality is that a lot of fake news, scam messages and other fraudulent and defamatory materials are circulating the web, making it difficult for investors to know what information is legitimate and who they can trust. While trading can be fun…
“# Polkadot-based privacy project Manta Network raises $5.5M ” Manta Network, a privacy layer project for the Polkadot ecosystem, has completed a new funding round to continue scaling decentralized finance (DeFi) use cases by boosting blockchain privacy. Announced Tuesday, Manta Network’s latest $5.5-million funding round included participation from more than 30 venture funds, including crypto…