About Author:
1 Confirmation with Jeff and Dave
Dalmas is a very active cryptocurrency content creator and highly regarded technical analyst. He’s passionate about blockchain technology and the futuristic potential of cryptocurrencies.
Each of the classics of trading was looking for his own Grail - a tool with which it would be possible to change the world and beat the global financial system. The result of which was a loss of 97% of traders around the world. Hundreds of years ago, Richard...
Users of E.U-licensed Guarda Wallet can now acquire XinFin Network's XDC tokens straight using fiat currencies after activating the Instant Buy feature, as per a press release on July 30. XDC Instant Buy Feature in the Guarda Wallet Bootstraps Adoption The integration is welcomed and forms a big part of...
An investigation by Justin Berman, a software developer interested in the "intersection of finance and cryptography," has discovered a significant bug in Monero's wallet code. The Bug in Monero's Wallet Code In a Twitter thread on July 27, Monero developers said the bug impacted the network's decoy selection algorithm. It,...
Bybit, one of the world's largest cryptocurrency derivatives trading platforms, has contributed $19.3 million in ETH, USDC, and USDT to the BitDAO Treasury, as per an update on July 27. https://twitter.com/bybit_official/status/1419503288211238912 The protocol's Treasury now holds over $20.7 million, a majority--$11 million—is in ETH. On July 26, BitDAO received$5.73 million,...
Holdefi, a PeckShield and Open Zeppelin-audited, multichain non-custodial money market protocol, is operating full throttle after activating on the Ethereum and Binance Smart Chain (BSC) mainnets early July 2021. What is Holdefi? It is one of the many DeFi protocols leveraging on the distributed base chain for users' benefit. For...
Bifrost is now the sixth Parachain on the Polkadot canary network, Kusama. Bifrost Wins to become the Sixth Parachain on Kusama As per a post on Twitter on July 20, the project, which allows for staking liquidity on Polkadot's Substrate, won the fifth and final Kusama Parachain auction slot, raising...
Cudos Network, a platform currently in development based on the interoperable Cosmos rails, has said it would activate staking services for its CUDOS ERC-20 token on August 2, an update on July 16 reads. CUDOS Token Staking Details Staking of CUDOS ERC-20 tokens will run until after Cudos Network launches...
Harmony, a platform focused on scaling Ethereum dApps and promoting cross-chain finance, has announced a hackathon where participants stand to win $1 million worth of prizes and non-diluting seed funding, a post on July 16 reveals. The Hackathon Registration is ongoing and closes on August 15, where participants will hash...
There was a tremendous uptake of Ethereum Name Service (ENS) accounts within the community in June, a new report by Etherscan—a block explorer, reveals on July 15. ENS Accounts Spike 30X in 4 Months Staggering statistics show that the user base grew by 30X from February to June 2021. ENS...
In a milestone announcement, Pontem Network and Pinknode, two dApps on Polkadot, are partnering as per a press release on July 15. Developing Critical Infrastructure on Polkadot Ahead of Facebook's Diem Blockchain Launch Pontem Network--which is building a replica of Facebook's Diem Blockchain on Polkadot to ensure interoperability and flexibility...
Spores Network has raised $2.3 million from leading crypto funds, including Focus Labs, NGC Capital, and Maven Capital, to become the first full-stack, blockchain-agnostic DeFi-powered NFT marketplace, a press release on July 15 shows. Cardano Network to Host the Spores Network The protocol aims to decentralize pop culture using the...
The Digital Law Association of Australia and the internationally renowned law firm, Herbert Smith Freehills, want Decentralized Autonomous Organizations (DAOs) recognized by Australia's laws as new-age corporate models, the Australian Financial Review reports on July 15. Lobbying the Senate Committee Accordingly, they are lobbying Australia's Senate Committee to formulate laws...
The Bitcoin Lightning Network capacity has nearly doubled in seven months to lock 1,840 BTC worth over $58 million as of July 15, trackers show. The Bitcoin Lightning Network Growth: Impressive Statistics This is a clear indication that more people are interested in growing the network. Moreover, they are eager...
Decentralized Finance, or simply DeFi, is all about simplicity, end-user control, and the promotion of financial inclusion. It operates parallel to the red-tape constricted legacy systems, and developers are doing everything in their power to port over viable projects to a decentralized base layer. Wault Finance Simplifies the Complexities of...
ShapeShift, which is one of the oldest non-custodial cryptocurrency exchanges, is decentralizing as per an announcement on July 14. Aligning with DeFi Ethos In the sudden shift of tact, the seven-year-old exchange is dissolving its corporate structure and decentralizing its organization to align with decentralized finance (DeFi) ethos. Accordingly, ShapeShift...
