Staking PHNX 101: Using the Staking dApp to stake PHNX tokens

Staking in the crypto ecosystem is a process in which users deposit or lock their digital assets in a platform to receive yielding rewards. These platforms integrate with crypto wallets...

Ares Protocol Team Slams Founders, Calls Out Unethical Behavior

In a jawdropping announcement earlier today, team members from the Polkadot-powered Ares Protocol called out founders “Andy” and “Keric” on their underhand business dealings and unethical practices, claiming that the...

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AdEx Network And Enzyme Finance Partnership To Bring Advertising To DeFi

AdEx Network has announced that it has entered into a strategic partnership with Enzyme Finance. The partnership will focus on bringing advertising to DeFi, bridging the advertising and DeFi industries....

ENGIE Energy Access is using DeFi to crowdfund solar energy in Africa

Energy Web and ENGIE Energy Access have announced a DeFi programme that will provide crowdfunded loans to provide solar electricity to communities that lack access to energy.  Decentralized finance is...

Impossible Finance Unveils V2 Swap Design With up to 4000x Capital Efficiency -

Decentralized finance platform, Impossible Finance has unveiled its v2 swap design in an upgrade widely expected to make the AMM protocol much more attractive for cryptocurrency users and liquidity providers....

PancakeBunny Releases Recovery Plan Post Flash Loan Attack

Earlier today, the DeFi yield farming aggregator PancakeBunny announced a detailed plan that would help them recover from the flash loan attack in May when the BUNNY token lost an...

Alameda Research Partners With Orbit Chain To Expand DeFi Ecosystem

Earlier today, PoS consensus chain Orbit Chain announced its strategic partnership with Alameda Research to fund the research and development of cross-chain DeFi technologies.  Orbit Chain took to Twitter to...

Flash Loans And Who Is Offering Them In DeFi

The explosive development of the decentralized environment has resulted in the boom of one of its main sectors that caters to the financial aspect of interactions and competition between the...

Mirror V2 Testnet Goes Live With New User Incentivization Features

The Mirror Protocol V2 has introduced new features that would boost the existing ones from V1. The developments were implemented to incentivize users for their given contributions within the protocol....

Making the Most of DeFi As a Beginner

Once the domain of cryptocurrency experts and whales, decentralized finance (DeFi) has become far more accessible in recent months, due to an influx of user-friendly platforms and a growing library...

Sygnum Bank To Offer Institutional-Grade Access To DeFi Tokens

Swiss-based Sygnum Bank announced that it is launching regulated banking services for leading decentralized finance (DeFi) tokens, Aave, Aragon, Curve, Maker, Synthetix, Uniswap, and 1inch Network. Sygnum’s expansion of banking...

Bitrue Ramps Up New Listings with Addition of Hedera Hashgraph

Crypto exchange and digital asset management platform, Bitrue has added full support for the Hedera Hashgraph network, a public distributed ledger utilizing the hashgraph consensus mechanism. As part of its...

UMA’s Range Token Allows DAOs To Diversify Their Treasury

UMA has introduced the Range token, a treasury primitive allowing DAOs to access funds and diversify their treasury without selling their native tokens. Instead, DAOs can use their native tokens...

IoTeX and Polygon now support cross-chain token swaps via ioTube bridge

The ioTube cross-chain bridge now enables two-way swaps between IoTeX and Polygon (Matic). The Ethereum blockchain, and Binance Smart Chain are already supported.  IoTeX has announced the addition of Polygon (Matic) to its growing network of cross-chain...

$130 Million Raised by DeFi Network Karura Ahead of Parachain Auction

Over $130 million—yes, you read that right—has been loaned to a crypto auction run by Kusama, a hot new DeFi project.  Nearly 1000 different addresses from San Francisco-based exchange Kraken...