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“# Immunefi partners with Binance Smart Chain on bug bounties to secure BSC projects ” Immunefi, a security service outfit that specialized in decentralized finance (DeFi) projects, has inked a collaboration with crypto exchange giant Binance. According to a release issued on Friday, Immunefi will work in collaboration with Binance to improve the security of…
“# 3 reasons why Ethereum exchange reserves are falling to new lows ” Over the past week, astute crypto market analysts noticed some interesting developments related to the supply of Ether (ETH) as the network’s August 4 London hard fork approaches. Recent data from CryptoQuant, an on-chain analytics firm, indicates that the amount of Ether held…
“# Balancer launches stable pools for like-kind swaps ” Balancer, a popular automated market maker for cryptocurrencies, has launched a new protocol feature designed to lower fees and improve the trading execution for like-kind waps. Stable pools “are designed specifically for assets that trade at a similar price,” wrote Fernando Martinelli, the co-founder and CEO…
“# DeFi aggregator Zerion snags $8.2M in Series A ” Ethereum-based DeFi aggregator, Zerion, has raised $8.2 million in a Series A funding round. The non-custodial aggregation platform facilitates access to more than 60 Ethereum-based protocols, such as Aave, Yearn.finance, and Curve. Zerion has processed more than $600 million worth of volume in 2021 so…
“# 3 reasons why Terra (LUNA) price rallied by 20% ” Altcoins continue to move higher while the price of Bitcoin (BTC) remains trapped in the $31,000 to $36,000 price range. The predictable range appears to be helping Terra (LUNA), a blockchain protocol that specializes in fiat-pegged stablecoins like TerraUSD (UST) to power a price-stable…
“# Shiba Inu (SHIB) DEX ShibaSwap surpasses $1B TVL 24-hours after launch ” Dogecoin (DOGE) has proven to the world that even a project that started as a joke can gain value and notoriety in the cryptocurrency space. This phenomenon opened the door for multiple ‘meme’ cryptocurrencies to gain a foothold and a quick look…
“# Terra and Harmony announce DeFi partnership focused on UST stablecoin integration ” Terra, an algorithmic stablecoin platform for savings, investments and payments, is joining forces with the Harmony blockchain to pursue new DeFi initiatives focused on programmable money and other so-called financial primitives. Under the new partnership, which is described as a “deep integration”…
“# Alpha Finance Lab (ALPHA) rallies 50% as project fundamentals improve ” Bitcoin (BTC) price continues to trade in a predictable range which has given traders confidence in trading altcoins and DeFi tokens. This translated to a 110% rally in the price of Alpha Finance Lab (ALPHA) over the past four days. Data from Cointelegraph…
“# Striking a chord: DeFi’s domino effect on NFTs and Web 3.0 adoption ” Decentralized finance (DeFi) has shined a spotlight on a fairer internet since early 2020, and we’re on the brink of something world-changing. DeFi technology would not be possible without the web infrastructure that is widely used today, demonstrating the tremendous strides…
“# Former EU trade commissioner joins advisory board for DeFi dispute resolution platform ” Phil Hogan, who served the European Commissioner for Trade for less than a year, will be joining the advisory board for the Astra protocol. In a Tuesday announcement, Astra said Hogan would be coming onto its board as an executive advisor,…