Maksym Prykhodko

After surging last week, Dogecoin’s value has dropped by 12.4% over the past seven days. The initial increase in value happened due to the Dogecoin name’s resemblance to Dogechain. This is a Polygon platform, that enables developers to create applications on Dogecoin in a similar fashion as when working on Ethereum. However, as soon as […]

XP Inc, a giant in the brokerage business hailing from Brazil, has launched a crypto trading platform, XTAGE. Thus, 3.6 million investors from Brazil that operate on XP Inc will be able to expand into crypto trading by using XTAGE. Currently, XTAGE supports Bitcoin and Ethereum trading, but there are plans to include other digital […]

According to a report made by Elliptic, a blockchain forensics firm, there has been at least $540 million laundered on the RenBridge so far. By using this cross-chain bridge, criminals have converted crypto from one asset into another and then moved it over various blockchains in order to cover the trace of money. Elliptic’s report […]

The United States Federal Trade Commission (FTC) has sued Meta in order to stop it from purchasing Within, a developer of VR-based fitness applications. FTC claims that the purchase would have granted Meta monopoly over the entire metaverse space. Within is the developer behind the popular VR fitness app, Supernatural. Meta, the owner of Facebook, […]

As the realm of decentralized finance (DeFi) is evolving into its second phase, the developers of DeFi 2.0 projects are looking to address some of the key issues that trouble DeFi 1.0. Such DeFi 1.0 projects have done an important job of establishing the initial userbase and the technological foundation upon which DeFi 2.0 projects […]

Curve Finance, the company behind the Curve protocol, announced that it will be launching its own stablecoin. This will be an overcollateralized stablecoin, meaning that Curve is now competing in this area with other prominent DeFi protocols, such as Aave and Maker. Curve’s stablecoin will be decentralized. Unlike centralized stablecoins, such as USDC and USDT, […]

The popular “liquid staking service”, Lido Finance, is expanding into new Ethereum-based layer 2 scaling solutions. This means that Lido Finance users will be enjoying lower fees and a range of DeFi applications that can increase the users’ staking yields. As part of its staking consensus mechanism, Ethereum requires at least 32 ETH for users […]

Greed is Good? Let us admit to ourselves – before blockchain technology and crypto came about, we had seen trading financial assets only in the news or in movies. The world of Gordon Gekko or Jordan Belford (AKA The Wolf of Wall Street) seemed like a perpetual cycle of excitement, action, making tough, life-changing decisions, […]

In a much-publicized disaster this May, the Terra network crashed. Now, more than 48 projects which previously ran on Terra have relocated to Polygon. Polygon is Ethereum’s layer-2 scaling solution. Its Terra Developer Fund seems to be the key factor responsible for projects’ relocation. An NFT marketplace OnePlanet has also significantly stimulated the relocation. Its […]

The online shopping giant, Shopify, is launching NFT-gated storefronts. This new feature is aimed at brands who are looking to make their stores more exclusive. Token holders connect their crypto wallets in order to be eligible for exclusive shopping opportunities. These include everything from “early access to drops and limited collections to one-of-a-kind experiences and […]