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“# Twitter Crypto: The dedicated team aimed at exploring DApps and more ” Social media giant Twitter is expanding further into the crypto space by setting up a team to look into decentralized applications, cryptocurrencies and blockchain. According to a Wednesday tweet, Interchain Foundation council member Tess Rinearson will be leading a team at the…
“# Ripple to launch ‘Liquidity Hub’ for finance firms that want to offer crypto trading ” Fintech firm Ripple has announced a new service aimed at finance companies that will allow them to offer cryptocurrency trading to customers. Ripple unveiled the Liquidity Hub service in a blog post on Nov. 9, touting a “crypto-first future”…
“# SEC Commissioner: DeFi must address transparency and pseudonymity ” SEC Commissioner Caroline Crenshaw has highlighted the benefits of Decentralized Finance while warning of the dangers of failing to embrace a protective regulatory framework in a Nov. 9 opinion piece. The article, DeFi Risks, Regulations, and Opportunities, is the first in the inaugural issue of…
“# Polkadot price moves higher as parachain auctions reduce DOT’s circulating supply ” This week a number of contenders are set to participate in Polkadot’s first parachain auctions and this process tends to place buy pressure on DOT, while also giving aspiring blockchain projects a chance to show why they offer the most competitive solutions…
“# ‘In the next three to five years, the DeFi industry will grow massively,’ says 1inch Network co-founder Anton Bukov ” It’s only been two years since its founding, but decentralized exchange (DEX) protocol 1inch Network has already surpassed $85.8 billion in cumulative trading volume. At a May 2019 hackathon in New York City, 1inch co-founders…
“# Blockchain service provider Nansen to integrate Solana data analytics ” Blockchain data provider Nansen has announced the planned integration of a Solana dashboard to provide extensive insights to institutional and retail investors seeking to identify emerging trends in the networks like decentralized finance (DeFi) and nonfungible token (NFTs) markets. Scheduled to commence in Q1…
“# Telos raises $8M funding before EVM launch to avoid token sales ” Blockchain platform Telos raised $8 million in funding led by ConsenSys and Polygon investor John Lilic. The funding was secured right before the launch of Telos’ Ethereum Virtual Machine (EVM) platform, ending the company’s ongoing streak of bootstrapped initiatives. Telos aims to redirect…
“# 3 reasons why Kadena (KDA) price went on a 500% parabolic frenzy ” Proof-of-work (POW) blockchain networks were all the rage in the early days of cryptocurrency when Bitcoin (BTC) set the standard for security and other projects followed suit in various attempts to offer a robust, scalable network that would either support payments…
“# Brave to integrate with Solana blockchain on its privacy-enabled browser ” During Solana’s Breakpoint conference in Lisbon, Portugal, executives at Brave and Solana Labs announced that the Brave browser would integrate with the Solana (SOL) blockchain and feature Solana decentralized applications, or dApps, on its browser. Simultaneously, Solana will promote the adoption of Basic…
“# DeFi protocol Acala raises $400M in crowdloans during first Polkadot parachain auction ” Decentralized finance protocol Acala announced Monday that they have raised 8.5 million DOT (worth $451.8 million at time of publication) from over 53,000 participants. The protocol is also set to win the first parachain auction on Polkadot. Unlike typical crowdfunding rounds, Acala’s…