FTX Debuts Creditors Claim Portal
The troubled FTX Derivatives Exchange has launched a Claim portal as the initial step in its effort to return creditor funds. The bankrupt digital currency trading platform FTX Derivatives Exchange has launched a ‘Claim’ portal allowing all its creditors to file official claims as one of the first stages toward recovering their locked funds from […]
Algorand’s Largest DeFi Protocol Algofi to Shut Operations
The borrowing and lending protocol Algofi, which was developed on the Algorand decentralized finance blockchain, will shortly be shut down. The Algofi platform will soon be shut down, despite the fact that developers’ “belief in the strength of Algorand’s technology and novel consensus algorithm has not wavered,” according to a July 11 announcement: “A confluence […]
PancakeSwap, Google Cloud To Enhance Defi Accessibility
PancakeSwap and Google Cloud have formed a strategic partnership to enhance accessibility in decentralized finance (DeFi). This collaboration aims to provide users with an always-available infrastructure, ensuring seamless trading experiences around the clock. The platform claims that it can guarantee platform stability by utilizing Operations Suite, particularly Cloud Logging and Cloud Monitoring , which has […]
Bored Apes Yacht Club Announces Launch of “Made by Apes”
In association with SaaSy Labs, Bored Ape Yacht Club (BAYC) announces the impending release of “Made by Apes” an on-chain IP verification tool. With this technology, BAYC members will have an easy way to authenticate their works and create a club-wide official catalog. The BAYC floor price has decreased 90% from its peak. The organization […]
Users Accuse Arkham of Privacy Trafficking
Crypto journalist Colin Wu claims that Binance’s well-known IEO project, Arkham Intelligence, has been gathering sensitive user information. According to the tweet, Arkham’s blockchain intelligence platform has been “personal privacy trafficking” a significant number of users’ private email addresses. The greater crypto community criticized this. The blockchain intelligence platform unveiled its “Dox-to-Earn” initiative, which enables […]