The Macalinao brothers used a web of bogus identities to create the illusion of a dev community, juicing value on the Saber protocol and Solana blockchain. Now they’re moving to Aptos. Something about Sunny Aggregator felt off-kilter to the cryptocurrency user known as Saint Eclectic. Sunny was the newest decentralized finance (DeFi) app to hit […]
Bancor 3, a DeFi liquidity solution by decentralized trading protocol Bancor, has incorporated more than 100 tokens, such as USD Coin (USDC), Polygon (MATIC), and Enjin (ENJ), for more sustainable and safer DeFi yields through community sourcing. Per the announcement: “Users can now provide liquidity to over 100 tokens on Bancor 3 with no deposit […]
Tron (TRX) token has come out as the top gainer among major cryptocurrencies in May. The blockchain appears to be among the few that stood their ground amid the massive market crash last week. The TRX token has managed to surge by 20% in the last 30 days, while Bitcoin (BTC) is still down by […]
Total value locked (TVL) in decentralized finance (DeFi) platforms built on Layer-2 networks for Ethereum (ETH) rose by a massive 964% in the first quarter compared to the same quarter last year; even as average transaction fees on Ethereum’s base layer fell by 80%. The data about the surprising growth in TVL on Layer-2 platforms […]
Cake DeFi launches new corporate venture arm with US$100 million to invest in Global Web3, Gaming and Fintech Startups Cake DeFi, a Singapore-based a fully transparent, highly innovative and regulated fintech platform that makes DeFi (decentralised finance) services and applications accessible to everyone, has launched its corporate venture arm with US$100 million in earmarked capital. […]
Oasis.app, the platform for decentralized finance enabling DeFi users to borrow and multiply their exposure to cryptocurrencies, as well as earn on their assets, has raised $6 million in funding during a Series A funding round led by Libertus Capital. The platform can be used to swap tokens, borrow Dai against your favorite cryptocurrencies or […]