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“# NFT projects and high yield opportunities back Zilliqa’s strong rebound ” One of the most important factors in the long-term success of a blockchain platform is having an active community of supporters and developers that work to showcase the capabilities of the network by creating new products and interacting with projects on the protocol. …
“# DeFi literacy: Universities embrace decentralized finance education ” Decentralized finance, or DeFi, has become one of the fastest-growing sectors within the cryptocurrency ecosystem. Data shows that the total value locked (TVL) in all DeFi protocols is now around $130 billion. This is an important metric, as some analysts view TVL as one of the best…
“# Cream Finance will integrate with Polkadot blockchain using Moonbeam ” Decentralized finance (DeFi) project Cream Finance will bring its lending and borrowing services to Moonbeam, a smart contract platform on Polkadot. In a Thursday announcement, Moonbeam said Cream Finance would be integrating with its ecosystem, starting with a parachain on Kusama, Moonriver and then…
“# Crypto exchange OKEx launches DeFi hub and NFT marketplace ” Global crypto exchange OKEx is ramping up its decentralized finance (DeFi) efforts with the introduction of the DeFi Hub, a decentralized digital asset ecosystem that includes a marketplace for nonfungible tokens (NFTs). According to a Sep. 2 announcement, the crypto spot and derivatives exchange…
“# SEC boss tells EU Parliament crypto and fintech could be as disruptive ‘as the internet’ ” Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), has appeared virtually before the European Parliament to share his policy recommendations regarding the regulation of crypto assets. Speaking to the Parliament’s Committee on Economic and…
“# Evrynet’s $7M raise highlights institutional appetite for DeFi ” Financial service platform Evrynet has concluded a $7 million fundraiser for its forthcoming decentralized finance app targeting institutional investors, offering further evidence that DeFi has an institutional-grade audience. The private investment round was led by Signum Capital, a Singapore-based blockchain venture fund, with participation from…
“# Cream Finance to repay stolen Ether and Amp via protocol fees ” Decentralized finance (DeFi) protocol Cream Finance will pay back its users following a $18.8 million flash loan hack that occurred on Aug. 30. Cream has published a post-mortem to the AMP flash loan exploit, promising to replace the stolen Ether (ETH) and…
“# Surge in activity and token prices show ‘DeFi Summer 2.0’ already started ” After a blistering start to 2021 saw token valuations and trading volumes surge to ignite the current bull market, the DeFi sector as a whole took a break while the NFT sector stepped into the limelight. While investors’ attention was elsewhere,…
“# Illuvium hits new highs as interest in NFT-based blockchain gaming skyrockets ” The world of nonfungible tokens and blockchain gaming has seen immense growth and progress towards mainstream adoption in 2021. Recently, the movement picked up steam as an array of celebrities and internet influencers jumped on the hype train by purchasing premium digital collectibles. …
“# Decentralized exchanges and aggregators drive DeFi growth ” As the decentralized finance segment continues to gain steam despite an overall slump in the crypto space, decentralized exchanges (DEXs) and aggregation services have recently shown sustainable growth. Meanwhile, within the DEX segment, aggregation services have made remarkable progress. DeFi still running strong When Bitcoin’s (BTC)…