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“# Mirror opens access to its blockchain blogging platform to all ” Ethereum-based decentralized blogging platform Mirror has opened its doors to the wider public after months of running vote-based contributions only. Mirror was launched in December 2020 to enable selected writers to publish on the decentralized blogging platform. Contributors could gain access by getting…
“# Cosmos sees 1 million transfers in a month across the ecosystem ” The Cosmos cross-chain network has been growing steadily along with the projects that run on top of it and it’s just reached a milestone in terms of activity. The Inter Blockchain Communication protocol (IBC), which is the backbone of the Cosmos ecosystem,…
“# THORSwap closes investment round as cross-chain DEXs take center stage ” Cross-chain decentralized exchange THORSwap has concluded a $3.75 million private token sale backed by leading venture funds within the blockchain industry, offering further evidence that investors are keen to back market-ready DeFi platforms. The funding will be used by THORSwap to continue building…
“# Likes out: Facebook blackout sparks ideas for Web 3.0 ” Facebook’s conglomerate of social applications, including Instagram, WhatsApp, Messenger, and its virtual reality headset Oculus, all suffered a major power outage on Monday, switching the platforms offline for a total of six hours to the effect of billions of users and businesses across the…
“# Bank of America offers bullish outlook for DeFi and NFTs ” The Bank of America Corporation (BoA) has published a research report offering a bullish outlook for the long-term prospects of cryptocurrency. The report, published on Oct. 4 by BoA subsidiary, BofA Securities, offers a nuanced appraisal of the digital asset sector that highlights…
“# DeFi security project ‘Lossless’ helps recover $16.7M from Cream Finance hack ” Lossless, a decentralized finance, or DeFi, security outfit has assisted in the recovery of 5,152.6 Ether (ETH) siphoned during the Cream Finance exploit that occurred in August. Tweeting on Monday, Lossless identified white hat security expert Pascal Caversaccio as being pivotal to…
“# Compounding problems: $65m more COMP at risk as devs wait for time-locked bug fix ” Major DeFi money market Compound’s woes are worsening, with nearly $150 million worth of COMP now at risk due to a buggy upgrade to the protocol that went live last week. On Sept. 30, Cointelegraph reported that a bug…
“# Top 5 cryptocurrencies to watch this week: BTC, LUNA, ATOM, XTZ, AXS ” The sentiment in the crypto markets can change quickly as seen from the Crypto Fear and Greed Index, which has risen from levels of extreme fear on Sept. 30 to neutral today. The sentiment may improve further if Bitcoin (BTC) breaks…
“# Money in 2030: A future where DeFi and CBDCs can work together ” Decentralized finance (DeFi) is changing the way that people all over the world think about money faster than any previous financial revolution. Banks, which have monopolized the way we’ve accessed money since antiquity, are finally seeing their status being challenged. Now,…
“# DAOs can solve important dilemmas but more education is required ” Decentralized autonomous organizations (DAO) have been a contentious issue in the blockchain and cryptocurrency world for a while now. From their early days as seen in the case of the Slock.it the German startup that brought about The DAO, to current iterations, DAOs…