March 31st, 2025
DeFi News - Page 4
AngryKitty Memecoin: ANGRYK Token with Heart for Charity
By Godfrey Benjamin
March 15th, 2022
The AngryKitty token has robust tokenomics with a total supply of 1 quadrillion ANGRYK tokens designed to brandish an inherent deflationary model.
Founder of Xsolla Establishes New Web3 Enterprise
By Godfrey Benjamin
February 18th, 2022
The emergence of the X.LA Foundation is directly aimed at solving this challenge as the association will enjoin participation from all contractors, influencers, content creators, inventors, entrepreneurs, and researchers to merge forces to define, shape, and develop the future of the Web3 economy.
Jump Crypto Bails Out Wormhole Network with 120K ETH Following $322M Hack
By Steve Muchoki
February 4th, 2022
Jump Crypto-backed Wormhole has $1 billion in total value locked and currently has 7 chain integrations.
Nashville Couple Files Suit against US IRS Over Taxation on Tezos Staking Rewards
By Godfrey Benjamin
February 3rd, 2022
Whether it is an attempt to set a precedent or not, the tax authorities of the United Kingdom, Her Majesty’s Revenue and Customs (HMRC) have revised its guidance on crypto taxation in the country.
Engaging Times for SundaeSwap Ecosystem: Fully-functional Beta DEX Set for January 20
By Steve Muchoki
January 17th, 2022
In the yield farming segment, the company has set out 500,000 SUNDAE tokens to be distributed daily for the next six months.
Introducing Dendy Metaverse: Hub for Innovative Play-to-Earn Games
By Godfrey Benjamin
January 10th, 2022
The Dendy Metaverse is built as a community-driven platform where everyone’s participation will remain a factor in staying united in several ways.
Avoiding Impermanent Loss
By Kseniia Klichova
December 29th, 2021
Avoiding temporary loss is crucial to liquidity pools. The greater the liquidity, the less your risk of temporary loss. Liquidity provisioning can help avoid temporary loss in liquidity pools.
DeFi Portfolio Tracker DeBank Closes $25M Equity Round at Valuation of $200M
By Darya Rudz
December 29th, 2021
Notably, the announcement coincides with the growth of decentralization and DeFi in China. As the authorities are introducing new restrictions on crypto, many Chinese crypto users are moving their crypto holdings to DEXes.
Terra Blockchain’s UST Stablecoin Inks New Milestone of $10B Market Cap
By Godfrey Benjamin
December 28th, 2021
Beyond the UST stablecoin, Terra embodies a far greater innovation that has informed its massive coin performance thus far.
Fireblocks (Fb): Gateway for Institutional Players to Embrace DeFi
By Godfrey Benjamin
December 14th, 2021
Through Fireblocks, clients gain access to tokenization, smart contracts, DeFi protocols and other emerging capabilities that define the growing world of blockchain technology.
Cook Finance Launches First Ever DeFi Index Platform on Avalanche
By Godfrey Benjamin
December 10th, 2021
Alongside the new indexes that Cook Finance launched on Avalanche, a new feature dubbed Issue with Single Token has also been added.
Crypto Launchpad CoinList Announces Plans for pSTAKE Token Sale
By Godfrey Benjamin
December 9th, 2021
pSTAKE operates based on a dual token system that notably simplifies the process of staking and earning rewards.
BIS Calls Complete Decentralization in DeFi Illusion, Stresses on Proper Regulations
By Gladis Monteiro
December 8th, 2021
The report by BIS explains why the decentralization in DeFi is a myth or illusion and reveals a principal reason for these concerns.
Largest NFT Project in History Has Finally Dropped – Bitcoin NFT
By Godfrey Benjamin
November 30th, 2021
Today’s blockchain ecosystem is replete with many projects ranging from Bitcoin, to those focused on Decentralized Finance (DeFi), and to Non-Fungible Token (NFT) projects respectively. These projects seek to advance the core capabilities of blockchain technology as one that can help revamp all aspects of human activities.
Solving the Problems with Decentralized Exchanges – Bridging the CeFi and DeFi User Experiences
By Godfrey Benjamin
November 24th, 2021
The primary ways to get involved with digital currencies are either through a centralized or decentralized exchange.