November 13, 2024
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Hackers hacked Wormhole, a bridge between Solana and other blockchains, stealing $320 million in the second-largest DeFi hack ever
Daniel Levi Posted On February 3, 2022


In August last year, we wrote about a DeFi theft involving Polygon after hackers exploited the interoperability protocol on Binance Smart Chain stealing more than $600 million from at least three wallet addresses. The exploit was the largest DeFi hack ever […]


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Dubai-based crypto tech startup MRHB DeFi raises $5.5M to bring ethical DeFi and halal crypto opportunities to excluded communities everywhere
Daniel Levi Posted On January 31, 2022


There are currently about 1.8 billion Muslims on the planet. For practicing Muslims, getting Islamic compliant loans is a challenge. Islam allows only one kind of loan whereby the lender does not charge any interest or additional amount over the money […]


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Crypto community friesDAO wants to acquire fast food restaurants and provide jobs and food for ex-crypto traders
Nickie Louise Posted On January 28, 2022


Crypto winter is here and many crypto investors probably don’t want to flip burgers to make ends meet. FriesDAO certainly does, but for a different reason. FriesDAO, a decentralized autonomous organization is testing whether an open community can successfully run a […]


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Coinbase rival FTX U.S. raises $400M in funding led by Softbank, Temasek, valuing the Crypto exchange startup at $8 billion
Daniel Levi Posted On January 26, 2022


FTX U.S., the American affiliate of cryptocurrency exchange FTX, said on Wednesday it has raised $400 million in its first external funding round from high-profile investors including Japan’s SoftBank Group Corp and Singapore’s Temasek Holdings. The Series A funding round gives FTX […]


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Can NFTs Ever Be Environmentally Friendly?
Nickie Louise Posted On January 26, 2022


NFTs have been one of crypto’s undisputed success stories of the last year. From relatively meager sales under $100 million in 2020, NFT transactions skyrocketed to hit $25 billion in 2021. Nevertheless, early last year, as the hype around NFTs […]


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Popular DEX aggregator TimechainSwap is building its own decentralized exchange platform with liquidity pools, yield farming, and other big incentives
Nickie Louise Posted On January 25, 2022


With liquidity pool, yield farming, the popular DEX aggregator TimechainSwap is building out its own decentralized exchange platform with the addition of key functionality around staking, Automated Market Maker liquidity pools, and some big incentives. The new functions announced today are […]


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Polkadex Joins Second Round of Parachain Auctions with Community Crowdloan
Daniel Levi Posted On January 21, 2022


Decentralized exchange (or DEX) has been gaining a lot of momentum in recent years as investors attempt to bypass centralized traditional banks and trade directly with one another. Unlike the traditional financial institutions, Decentralised cryptocurrency exchanges allow the users to use […]


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BlockFills lands $37M Series A funding to solve fragmented liquidity problems and grow its digital asset trading platform
Nickie Louise Posted On January 19, 2022


One of the biggest problems plaguing the decentralized finance (DeFi) industry is liquidity fragmentation across different chains. Unfortunately, the solution to the liquidity fragmentation problem is not another liquidity-hungry protocol but a cross-chain liquidity aggregator. Now, one fintech startup is out to […]


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What Are The Best Crypto Software Wallets Out There?
Nickie Louise Posted On January 19, 2022


There has been a corresponding increase in crypto wallets with the explosion of the web3 industry and the decentralized finance DeFi space in particular. The rise in wallet usage has led to industry users wondering which of the wallets will […]


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OlympusDAO Establishes $OHM as Liquid Asset on Balancer
Nickie Louise Posted On January 18, 2022


Projects now able to maximize protocol-owned liquidity in $OHM through Balancer LBPs using CopperLaunch and PrimeDAO. We are thrilled to announce a collaboration between decentralized reserve currency OlympusDAO and leading DeFi protocol Balancer.  By migrating liquidity to Balancer Protocol, OlympusDAO […]


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Entree Capital raises $300 million for two new funds to invest in early-stage Israeli tech startups
Nickie Louise Posted On January 18, 2022


Entrée Capital, a global venture capital fund that invests in multi-stage startups and companies all over the world,  said on Tuesday it raised $300 million for two new Israel-focused funds that aim to invest in early-stage Israeli startups. The latest […]


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Crypto scammers stole a record $14 billion in cryptocurrency in 2021
Nickie Louise Posted On January 6, 2022


2021 was a great year for cryptocurrency investors around the world as the frenzy for bitcoin and other crypto-assets reached new highs. However, crypto investors are not the only winners. Crypto scammers also had a blockbuster year with a windfall […]


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Gains Network Unlocks First Part of $750K Grant To Grow Decentralized Leveraged Trading Platform gTrade
Nickie Louise Posted On January 5, 2022


Gains Network, the creator of the next-generation decentralized leveraged trading platform gTrade, has applied for $750,000 in financing from the Polygon DeFi in order to hit the next two major milestones on its roadmap. Gains Network has unlocked an initial […]


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Here’s why crypto derivatives are so significant to crypto traders
Nickie Louise Posted On December 22, 2021


If you’ve been following the latest crypto trends, then you have probably noticed that there’s been a lot of speculation about the crypto derivatives market recently. This has largely been driven by Bitcoin’s recent decline in mid-November, followed by a […]


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Hackers, scammers stole over $12 billion in crypto assets in the past decade
Daniel Levi Posted On December 21, 2021


2021 has turned out to be a great year for cryptocurrencies. During the past 12 months, bitcoin and other alt cryptocurrencies enjoyed a surge in mainstream adoption and support from institutional investors. Bitcoin went from $29,000 on January 1 to […]


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Can Crypto Give Restaurants the Boost They Need?
Nickie Louise Posted On December 21, 2021


The world continues to adopt cryptocurrencies and their associated technologies. Questions on how cryptocurrencies solve problems industries face have surfaced. Change is occurring. Industries are going through massive shifts because of the changing times. The hospitality sector is one of […]


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Laika+, A J.P. Morgan-Backed Security Product, Hits The Market
Daniel Levi Posted On December 9, 2021


Today, organizations struggle to keep up with changing infosec and privacy regulatory requirements from governments around the world. Some companies are unable to distribute and communicate information about compliance posture to their customers. And that’s where Laika comes in. The JP […]


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Crypto tech startup izumi Finance raises $3.5M in Series A funding led by DeFi and crypto investors
Nickie Louise Posted On December 9, 2021


Investments in the crypto space are at record levels. As mainstream adoption of cryptocurrencies grows, investors are pouring billions of dollars into decentralized finance (DeFi) and NFT startups. With millions of people now investing in cryptocurrencies, one of the hottest […]


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DeFi fails to live up to its promise as fraud and theft at DeFi platforms totaled $10.5 billion so far in 2021, research shows
Daniel Levi Posted On November 18, 2021


Decentralized finance (DeFi) has been hailed as a new way for users to lend, borrow and save while bypassing traditional gatekeepers of finance such as banks and government regulations. DeFi is built on the premise that the technology will potentially eliminate […]


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JPMorgan CEO Jamie Dimon: Bitcoin has no value and authorities will soon ‘regulate the hell out of it’
Daniel Levi Posted On October 4, 2021


In 2017, JPMorgan CEO Jamie Dimon took a shot at Bitcoin, saying the world’s most popular cryptocurrency “is a fraud.” At a gathering hosted by Barclays in New York, Dimon said, “It’s just not a real thing, eventually it will be closed.” […]


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