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“# Exec at Composable Finance allegedly doxed as convicted fraudster Omar Zaki ” Late Friday afternoon, decentralized finance, or DeFi, investigator @zachxbt published a series of tweets accusing fraudster Omar Zaki of hiding behind the facade of 0xbrainjar, the anonymous head of product at Composable Finance. From last November to this February, Composable Finance raised…
“# NFTs and DeFi are revolutionizing real estate investing and homeownership — Here’s how ” NFTs continue to make an impact on multiple sectors, and this mainstreaming is opening up new opportunities and revealing new trends for blockchain technology. Recently, the real estate sector has shown interest in blockchain technology because it opens up the…
“# Finance Redefined: Axelar becomes a unicorn, new ETH addresses hit 1.5M per month, Feb. 11–18 ” Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter. This week has been full of funding raises, innovations, service deployments and a bit of volatile technical price action — for a change. Axelar Network attains $1B valuation…
“# Terra injects 450M UST into Anchor reserve days before protocol depletion ” In a tweet published early Friday, Do Kwon, founder of Terraform Labs, the entity developing the Terra Luna (LUNA) and Terra USD (UST) stablecoin ecosystem, announced the injection of 450 million UST ($450 million) into the Anchor protocol’s reserves. The proposal passed…
“# ‘Off the charts:’ Zynga blockchain exec praises P2E gaming talent ” Hot off the news that the FarmVille and Words With Friends developer Zynga will release the first NFT game this year, Zynga’s blockchain gaming aspirations are taking shape. Matt Wolf, the marketing veteran with experience at EA and SEGA, is the new vice…
“# Fake alert! New projects pose as prominent brands to lure crypto investors ” Creating a new crypto project is dangerously easy: One needs to generate a token, pick a ticker, market it to the crypto community through coin information websites such as CoinMarketCap or CoinGecko, and then get it listed on decentralized exchanges or…
“# Avalanche growth sparks third-party cross-chain bridges ” Avalanche (AVAX), a Layer-1 proof-of-stake (PoS) blockchain network, gets a new cross-chain bridge from Umbria Network to help traders transfer liquidity between Ethereum mainnet and the Avalanche blockchain. Avalanche blockchain supports multiple virtual machines, including WebAssembly (WASM) and Ethereum Virtual Machine (EVM), allowing different sub-chains to incorporate…
“# Interchain Accounts is the biggest upgrade to Cosmos since Stargate ” On Thursday, The Interchain Foundation, a non-profit steward of the Cosmos (ATOM) ecosystem, announced the release of Interchain Accounts. The inter-blockchain communications protocol (IBC) enables an entire blockchain to control an account on a separate chain. It is the largest software upgrade to…
“# NEO price climbs after China’s BSN gives the project the green light on NFT marketplaces ” As the field of viable layer-one blockchain protocols continues to expand with newer entrants trying to solve the issue of high transaction costs and slow processing times, older projects find themselves utilizing their history and track record to…
“# The Graph (GRT) gains momentum as Web3 becomes the buzzword among techies ” The ongoing digital revolution and rise of the internet have upended the old global value structure over the past 30 years, and big data has become the new “gold” or “oil” — a fact demonstrated by the money-making capabilities of platforms…