THORSwap concludes a $3.75 million investment round
THORSwap, a cross-chain decentralized exchange, has completed $3.75 million private token sales sponsored by top blockchain venture firms, the funds will be used to expand its development and operational resources. THORSwap will use the funds to expand its development and operational resources, including the launch of additional products on top of THORChain, the exchange’s decentralized […]
Bacon Protocol launches decentralized mortgage platform
Bacon Protocol on Tuesday launched a decentralized mortgage platform that allows crypto holders direct access to the mortgage investment market via a new stablecoin backed by USD Coin (USDC) and home loans. Bacon also stated on Tuesday that it will perform a public sale of the bHome token, which is characterized as a Stable+ Coin […]
DeFi farmers brag about gaming dYdX airdrop as prices rise
Crafty DeFi farmers are claiming to be sitting on six-figure stashes after gaming the protocol’s recent airdrop, as dYdX’s governance token rises on speculation that Chinese traders may be flocking to the derivatives DEX. According to sources, China’s crypto traders are converging on the decentralized margin trading protocol as Beijing seeks to further crack down […]
Google, Bitcoin’s biggest trend indicator turns 23
Since the introduction of Bitcoin, Google has emerged as an effective barometer of the popularity of cryptocurrencies in general. As of Monday, Google , the major indicator used to gauge the popularity of Bitcoin (BTC) and other cryptocurrencies, had celebrated its 23rd birthday. The search engine, which was founded by Larry Page and Sergey Brin […]
Coti sets to launch a new DeFi stablecoin on the Cardano blockchain
Coti and Cardano are partnering to launch a DeFi stablecoin on the Cardano blockchain, the new stablecoin will provide a mechanism for decentralized finance (DeFi) activities while avoiding transaction costs. Cardano founder Charles Hoskinson and Coti CEO Shahaf Bar-Geffen announced Sunday at the Cardano Summit that Coti, Cardano’s payment gateway provider, will be the official […]