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“# Solana DeFi hackathon winners focus on DEX order books, interoperability ” Solana and Serum announced the winners of a recent two week hackathon focusing on building DeFi projects on the Solana blockchain. A total of nine projects were eligible for the hackathon’s official prize pool, with an additional project winning a community prize. The…
“# EU securities regulator warns about risks of ‘non-regulated’ cryptos ” The European Securities and Markets Authority, the European Union’s independent financial authority, has warned about the high risk of cryptocurrency investment. In its latest “Trends, Risks and Vulnerabilities” report published Wednesday, the ESMA analyzed the impact of COVID-19 on financial markets, highlighting the increased…
“# Altcoins spike to new highs while Bitcoin bulls aim to recapture $57K ” Bitcoin (BTC) price continues to recover from its sub-$55,000 correction and at the time of writing, traders are attempting to recapture the $57,000 level as a support. Data from Cointelegraph Markets and TradingView shows that a wave of early morning selling…
“# New version of 1inch’s DEX aggregator makes it cheaper than Uniswap ” The 1inch team has released the third iteration of its Aggregation Protocol, a tool that routes trade orders across all decentralized exchanges on Ethereum and, as of recently, Binance Smart Chain. The Aggregation Protocol calculates the most profitable trade for a given…
“# Gnosis and Snapshot create tool to bind DeFi governance votes on-chain ” Gnosis and Snapshot have collaborated to develop SafeSnap, a product that allows automatically executing successful governance votes on Snapshot. The module, which combines features of Gnosis Safe Multisig and the Snapshot off-chain governance platform, was released on Tuesday. Snapshot is a “governance-as-a-service”…
“# Gas tokens gain 300% as the quest for Ethereum network alternatives expands ” Network congestion and high transaction costs on the Ethereum (ETH) network have been a persistent issue for investors and developers for the past year and this has shone a spotlight on blockchain projects that offer a solution to these issues. One…
“# Phishing attack uses PancakeSwap and Cream domains to steal money ” Two decentralized finance projects are reportedly being targeted by a DNS spoofing attack. According to reports from Monday morning U.S. time, PancakeSwap and Cream Finance, two projects deployed on Binance Smart Chain, are phishing users into entering their private key on the website. Cream Finance…
“# Supply chain tokens see triple-digit gains as the global economy recovers ” Over the last few weeks, blockchain projects focused on supply chains and logistics have seen tremendous growth as the coronavirus-induced economic gridlock begins to loosen and future concerns related to the global pandemic subside. Three logistics projects that have benefited from the…
“# Alchemix announces $4.9 million raise led by CMS, Alameda, and e-Girl Capital ” A fast riser in the decentralized finance (DeFi) world has announced a $4.9 million raise today led by major industry venture capital groups — as well as some unusual, upstart players. Alchemix, a DeFi lending protocol whose loans automatically repay themselves…
“# Coinbase effect and strong fundamentals send Polygon (MATIC) and Skale higher ” In previous bull markets, one of the most consistent price movers for cryptocurrency projects was being listed on Coinbase, a phenomenon that became known as the ‘Coinbase effect’. The recent announcement that Polygon (MATIC), SKALE (SKL) and SushiSwap (SUSHI) would be added…