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“# All you can eat: SushiSwap deploys contracts on five new networks ” Major DeFi protocols are moving to cultivate a multi-chain decentralized finance ecosystem, with SushiSwap deploying its contracts on five networks, and Balancer announcing ports onto Moonbeam and Polkadot. On March 3, SushiSwap CTO, Joseph Delong, announced the DEX had deployed contracts on…
“# Compound to offer cross-chain borrowing via Gateway ” Decentralized finance lending protocol Compound has unveiled a new blockchain that will enable cross-chain collateral. It is the latest move to mitigate expensive operations on the Ethereum network and enable more interoperability in the DeFi ecosystem. The new Gateway chain, announced on Mar. 2, has been…
“# New staking and governance features back Ocean Protocol’s 40% rally ” Data collection, aggregation and analysis have become some of the largest profit generators for companies like Facebook and Google who have designed an array of algorithms purposed with harnessing user data in order to better optimize the user interfaces of their applications and…
“# Badger DAO announces $21 million treasury diversification via VC partners ” Some major venture capital names are ‘sett’ to join the Badger DAO community. Bitcoin on Ethereum-focused decentralized finance (DeFi) protocol Badger DAO announced today a $21 million sale of DAO treasury assets to four major investors: Polychain Capital, Parafi Capital, Blockchain Capital, and…
“# DeFi who? NFTs are the new hot stars on the crypto block ” The last bull run of 2017 was defined by the initial coin offering craze, which took a turn for the worse with foreseeable consequences for overvalued projects that had little more than a team and a poorly written white paper. While…
“# Theta, Aavegotchi (GHST) hit new highs as Bitcoin price chases after $50K ” Bitcoin (BTC) bulls appear to have found their momentum as BTC price reclaimed the $49,000 level within the last hour. On March 2 the price dropped as low as $47,000 but currently, BTC is trading above the 20-day moving average. Bulls…
“# Vitalik proposes solution to link certain layer-two scaling projects ” In an ongoing effort to battle escalating transaction fees while creating a unified ecosystem, Ethereum co-founder Vitalik Buterin has proposed a solution for a particular type of cross-rollup scaling. The proposal outlines how two protocols using rollups can communicate with each other while maintaining…
“# DeFi token CRV spikes after reports PayPal acquired unrelated custody firm Curv ” Excitable speculators mistakenly rushed to invest in the native token of decentralized finance protocol Curve Finance (CRV) after reports emerged that payments giant PayPal has acquired the unrelated Israel-based crypto custody firm, Curv. News of PayPal’s Curv acquisition was reported on…
“# Mainnet launch and NFT sale lift Aavegotchi (GHST) to a new all-time high ” Non-fungible tokens (NFTs) have rapidly become the new hot topic in the cryptocurrency sector, as evidenced by Litecoin creator Charlie Lee comparing the current spike in NFT interest to the ICO mania of 2017. The recent pullback in the cryptocurrency…
“# Unifi (UNIF), StaFi (FIS) and Dego see triple-digit gains afer DeFi listings ” The CBOE has filed an application with the United States Securities and Exchange Commission to list the Bitcoin (BTC) exchange-traded fund proposed by asset manager Van Eck. If the Bitcoin ETF receives a green signal from the regulators, it could boost…