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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 […]

Web3 lovers, rejoice! There’s a neat upcoming conference that’s likely to satisfy your curiosity about the future development of the Web3 space. The TOKEN2049 will be held at the end of September in Singapore, and will feature key people from prominent Web3 companies. They will be exhibiting their projects, as well as discussing the current […]

It’s time for another neat crypto conference, and this one’s just around the corner. This August, Coinfest Asia will feature experts from the world of crypto, who will be discussing the future of all things cryptocurrency. New and exciting solutions, innovations, and blockchain use cases will be demonstrated. Coinfest Asia is not your typical crypto […]

Decentralized Finance (DeFi) There are numerous misconceptions about the very nature of blockchain technology. One of the most prominent ones is that blockchain is value-neutral. However, exactly in the case of decentralized finance (DeFi), we can see an entire movement (if not ideology) aimed mostly at giving the people financial freedom from traditional, centralized finance. […]

According to CryptoSlam, the P2E game Axie Infinity saw a 205% increase in NFT sales over the past week, making a total of $1.3 million. This comes after Axie Infinity introduced the support for staking on July 4. This feature enables Axie Infinity Land NFT buyers to earn a passive profit in Axie’s native AXS […]

The cryptocurrency exchange Unizen secured $200 million in an investment made by the private equity group Global Emerging Markets (GEM). Unizen will use the funds to further develop its business and crypto ecosystem. Part of the funding will be released upfront. The rest will be provided later, as Unizen achieves the agreed milestones. There’s no […]

As part of the Aid for Ukraine crypto fundraising campaign, the government of Ukraine announced that it has sold a previously donated CryptoPunk NFT for 90 ETH. This amounts to over $100,000. Ukraine has been accepting crypto and NFT donations since shortly after the invasion of Russian troops began in late February. So far, it […]

Optimism, the company known for its Ethereum layer-2 scaling solution, lost 20 million of its OP token in the process of preparing for the token’s initial launch. The value of lost tokens, now in possession of an anonymous hacker, amounts to some $35 million. OP is the native token for the Optimism Collective DAO (decentralized […]

KuCoin Exchange has integrated fiat payment provider Advcash. Thanks to this, users will be able to deposit and withdraw funds in fiat (including UAH, USD, EUR, GBP and BRL). In honor of this, KuCoin announced the launch of two events with a prize pool of $50,000. A fiat deposit is required to participate in the programs. As […]

Investors took advantage of the cryptocurrency market correction and invested a record $274 million in digital assets.