The latest recipient of the grants offered by the Algorand Foundation is the RALLY which has got the financial support from the foundation in order to develop the NFT marketplace for endurance athletes. This particular attempt will result in an entirely new ecosystem through which the conversion of athletes’ data will bring value to the …

In what could be termed as an important development for decentralized finance (DeFi), a partnership has been struck between Duet Protocol and iZumi finance. Both of these projects have been conceptualized with the objective of enhancing the convenience of the users in the DeFi space. Specifically, on the aspect of yield enhancement, this collaboration is …

DeFi asset management platform HyperDex is betting on significant market demand for the idea of effortless and easy-to-understand, decentralized crypto futures trading. To that end, it aims to make futures more user-friendly by marrying the optionality of derivatives with the simplicity of sports betting.  HyperDex is the pioneer of a new kind of simplified cryptocurrency …

CMC Markets recently released its data for the third quarter, noting almost record-breaking client money. The report accounted for the venture’s trading performance between October and December 2021.  The organization noted that both of its non-leveraged and leveraged business is still close to record highs. In addition, its monthly active users across the CMC business …

The concept of the metaverse is popular nowadays, and many brands and companies are announcing their metaverse projects. Now the developers of Shiba Inu have taken the initial step to create their metaverse project in the name of ‘Shibaverse.’ The Shibu Inu authority announced it on Twitter.  As promised, we are so excited to announce …

Since the announcement of the metaverse in late 2021, the phrase ‘Web 3.0’ has begun to sweep across the internet. Web 3.0 primarily means the next stage of internet communication, including more accessible databases that comprise smarter search engines, more autonomous processes, faster browsing, and completely open access to all.  Defined in a 2001 paper …

What is Ethereum Faucet? An Ethereum Faucet is a reward system or software that rewards a small amount of Ethereum to users who complete some simple tasks assigned on the website within a stipulated time. The amount of the rewards depends on the complexities of the tasks accomplished, and the time taken to complete the …

Holochain CEO Mary Camacho, Zelwyn Ecosystem CEO Nikolai Shkilev, Bits.Media creative director Alexandra Demidova, Chair DigiByte co-founder Hans Koning, #CitizenCosmos’s Sergei Simanovskiy, Crypto Corner host O.J. Jordan, and BDC Consulting CBDO Paul Moukhine recently participated in a guru roundtable on the Cryptovo YouTube channel. Even though there were numerous differences of opinion among the experts, …

BitTorrent’s token redenomination and swap caused quite a stir in the market as every DEX must make changes to support the crypto. Bitfinex recently became one of the exchanges to support the swap on 28th January. During the upgrade, Bitfinex will restrict withdrawals, deposits, and trading of the BitTorrent token. The trading window will stay …

Tempus recently released an official announcement regarding its integration with Yearn on Fantom. It has not been long since the venture announced the same for the Ethereum network. However, the ongoing market condition has affected the APR significantly. An example representing the situation would be a measly 3% APR available on the DAI. That is …

McDonald’s once expressed its interest in becoming a part of the Dogecoin community. It has been urged to accept DOGE since that time. Everything started when Billy Markus, a co-founder of Dogecoin, requested a fry from the fast-food chain and got a picture of Shiba Inu in response. The picture was featured on the logo …

Wazirx and EPNS (Ethereum Push Notification Service) have come together to host multiple activities and generous giveaways for you. Join our platform to celebrate these activities and participate in the grand PUSH giveaway worth $25,500. EPNS or Ethereum Push Notification Service is developing an additional communication layer for Web 3.0 with notifications. With EPNS protocol, …

COTI recently announced a new partnership with Indigo, a well-known algorithm autonomous synthesis protocol. The collaboration will see COTI working with the Cardano-based on-chain platform to integrate DJED.  Moreover, the partnership will see Indigo users gaining access to DJED as collateral for trading and minting new iAssets. A stablecoin like DJED will add more stability …

As Web3 expands its potential beyond finance, Polkadot is aiming to capitalize on the movement. The network recently released a framework to help any geographically targeted group of users distribute, create, and use their digital community tokens. Named Encointer, Polkadot recently released the platform on Kusama, helping it gain the second common-good parachain slot. Users …

The Capital Market Authority, CMA, of Kenya has granted the license to HotForex. This is an addition to the list of regulators who have already approved the functioning of HotForex in their respective countries. HotForex’s approval by the Capital Market Authority of Kenya further strengthens the objectives of HotForex of offering the highest level of …

Chainlink is on a roll as the venture is scoring consecutive collaborations. The oracle network recently gained another client in the form of Leadingblock, a crypto borrowing, and lending platform. Lendingblock released an official post about the integration, which will help them gain decentralized price data. Renowned for its consistency, Chainlink Price Feeds offers real-time …

Avaware is a channel that satisfies all DeFi requirements in a single, simplistic, and easy-to-understand bundle. Their aim is to create true ideas that help DeFi and everything that has progressed around it available to anybody with a mobile. They provide a wide range of services to developers, shareholders, and content producers. To ensure that …

Cryptocurrencies are peer-to-peer technology protocols that rely on the blockchain; a decentralized record-keeping mechanism that permits individuals to share unchangeable and indestructible information “coins” globally in little to no time with little to no fees – this translates into the exchange of money because these coins cannot be counterfeited or stolen. What is Digibyte? DigiByte …

Kreatorhood, an NFT marketplace, has entered into a partnership with Nuvei Corporation. This partnership will manifest in the form of Nuvei facilitating the payments for the digital assets that are purchased on the Kreatorhood global NFT marketplace.  Kreatorhood is world-renowned when it comes to the marketplace category in the NFT space. It is specifically focused …

Taking its partnership with the Celer Network one step ahead, Standard protocol has announced that this coming together with the former will be extended for the launch of the MeterUSD ($USM) stablecoin. The launch of the stablecoin is expected to take place in the first quarter of 2022, and this assumes significance in the backdrop …