Chainlink Data Streams Launches on Avalanche Mainnet with GMX V2
Chainlink Data Streams have been launched on the Avalanche mainnet, with GMX V2 as the launch partner. GMX is the launch partner for the significant integration, which will support Avalanche’s decentralized finance (DeFi) business. According to the platforms, Chainlink Data Streams’ on-demand access to low-latency market data through the GMX V2 connection would help Avalanche’s […]
Core DAO Debuts its ETP on Sweden’s Stock Exchange
A Bitcoin scaling solution called Core DAO has its first exchange-traded product launched by DeFi Technologies subsidiary Valour. The first exchange-traded product (ETP) for Core DAO (CORE), a layer-1 solution powered by Bitcoin that combines delegated proof-of-stake and proof-of-work consensus processes, has been created by Switzerland-based financial business Valour. The Core Foundation announced that the […]
Rug Pulls in DeFi: Recognizing and Avoiding Scams
DeFi’s financial revolution has brought many benefits but has also created an environment where scams like the rug pull can thrive. Without understanding how these scams work, unsuspecting victims can be left devastated. This article provides essential guidance on recognizing and avoiding rug pulls, empowering you to navigate the DeFi landscape with confidence. What is […]
Educating the Masses: Overcoming Misunderstandings about DeFi
Decentralized Finance (DeFi) has the potential to transform the financial landscape, but complexity and misconceptions cause many setbacks. By clarifying the confusion and dispelling common myths, this article will address common misconceptions and highlight the importance of education in promoting a broader understanding and acceptance of DeFi. What is DeFi? DeFi, or Decentralized Finance, refers […]
Nostra CEO Steps Down Days After Token Launch
David Garai has resigned as CEO a few days after the introduction of NSTR, the project’s native token. Users can lend, borrow, swap, and bridge cryptocurrency on the Nostra platform. With 100% of the whole supply unlocked during the token generation event (TGE), the project debuted its token on June 17. As for Garai, he […]