Aave Companies, the entity at the back of the Aave DeFi program, has introduced the local stablecoin of the protocol. The stablecoin named GHO has been introduced on the testnet network of…
Category: Decentralized Finance (DeFi)
Russia’s Sberbank Moves Ahead With Its Plan To Launch A DeFi Platform
Sberbank, the biggest bank in Russia, has a strategy to introduce its separate platform for decentralized finance (DeFi). The organization intends to get ready to conduct a trial on the product for…
MetaMask Partners With PayPal To Allow Its Clients Buy Ether Directly
ConsenSys, the entity responsible for developing MetaMask (a well-known crypto wallet), is collaborating with PayPal while jumping further in its endeavors related to crypto adoption. The Ethereum (ETH) software company stated that…
Swiss Dua Foundation Launches Private Coin Selling
According to a post from the dua Foundation on AllianceBlock Fundrs, the DUA token private sale event has started. The DUA token sale will take place between the 23rd of November and…
Future Of The Ren Project
According to Ren of the Internet Protocol, costs will be covered by the end of the year thanks to development funding following Alameda’s failure. Early on in 2016, Alameda acquired Ren. Around…
Trust Wallet Created Browser Crypto-Wallet Extension
In a press release dated November 14, 2022, Trust Wallet announced the release of a brand-new website personal crypto-address add-on that allows its clients to store and trade most of the popular…
New Orderbook Service Polkadex Was Finally Launched
To advance cryptocurrency trading without storage, Polkadex has finally released the Orderbook, a redistributed trading system, after years of anticipation. Orderbook is finally introduced by Polkadex. Earlier today, October 31, 2022, Polkadex,…
Fed Chair Jerom Powell Says DeFi Requires Proper Regulation Before Reading Retail Customers
Jerome Powell – the chairman of the U.S Federal Reserve – talked about the proliferation of Decentralized Finance and its effect on the local financial system, along with that he has requested…
DeFi Protocol New Free DAO’s Token Plummeted By 99% After Flash Loan Attacks
Flash loans are frequently utilized by criminals to target Decentralized Finance protocols. By using these flash loans customers can debt a high amount of property without submitting upfront collateral. On the 8th…
Defi Under Fire: What Happened To Solano?
An old story that demands some attention in the light of recent problems within the DeFi community and the upcoming merge of Ethereum. One of the reasons many users of the ETH…