defi
WOOFi, the decentralized cryptocurrency exchange (DEX) and sister to the crypto exchange WOOX, is integrating elements from role-playing games (RPG) into decentralized finance (DeFi). By using non-fungible tokens (NFTs), WOOFi aims to enhance the yields generated by customers who stake tokens on its platform. Boosters: Adding value through gameplay mechanicsThe innovative feature, called “Boosters,” resembles power-ups in RPGs. These Boosters can be obtained by completing various challenges such as cross-chain swaps, depositing into earn vaults, or trading on WOOFi Pro. Once acquired, Boosters...
Invezz
The Terra Luna Classic community will vote to destroy 12 billion LUNC tokens and 68 million USTC assets. The project will burn the coins from the Lido DAO dispatcher and Anchor bLuna contracts. The move is part of an ongoing initiative to remove USTC and LUNC from the circulating supply, with the $1 price mark as the primary objective. Terra Luna Classic’s massive token burnThe project will remove 12 billion LUNC and 68M USTC from circulation. It’s the second-largest token burn after the latest 7 billion LUNC removal. The 12 billion in LUNC burn will be from Lido rewards dispatcher and Anchor ...
Invezz
Kazakhstan financial regulators have approved Toncoin (TON) for trading on the nation’s licensed platforms. The crucial move by the Financial Services & Regulatory Committee reflects surging demand for digital assets and their acceptance within Kazakhstan’s economic ecosystem. Meanwhile, Toncoin has joined 107 government-certified tokens, sharing status with assets such as Bitcoin and Ethereum. The approval comes after a massive audit process, and endorsement means Toncoin satisfies the stiff listing criteria by the regulators. Thus, Toncoin aligns with alts such as Stellar, Polygon, and Avala...
Invezz
Yield App has halted all platform activities as it enters liquidation proceedings. This is according to news just in from Yield App Ltd, a Seychelles-incorporated limited liability company behind the digital wealth platform. “With immediate effect, all activity on http://yield.app will be halted as Yield App consults with liquidators. This decision has been made to ensure fair and equal treatment for all Yield App’s users and stakeholders,” the company wrote in an announcement. Yield App halt linked to FTX collapseAccording to the details also shared on the Yield App X account, the decision to...
Invezz
MakerDAO (MKR) emerged as a top gainer in the crypto market over the past day. The altcoin climbed from a daily low of $2,335 to $2,557 – an over 10% increase. MKR’s price surge comes after a Tuesday X post by stablecoin DAI creators and DeFi lending platform MakerDAO. The protocol announced a $1.35 million bug-finding context hosted on the competition platform, Sherlock. The context, scheduled to run between 8 July and 5 August 2024, is crucial as MakerDAO nears the Launch Season – the initial chapter of the Endgame, coming later this summer. “This is a unique opportunity to collaboratively s...
Invezz
A recent report from the Hong Kong Institute for Monetary and Financial Research (HKIMR) has identified decentralised finance (DeFi) and metaverse technologies as key to expanding the fintech sector. HKIMR, the research arm of the Hong Kong Academy of Finance (AoF), published two reports on June 25 regarding the impact the DeFi and Metaverse sectors can have on the nation’s fintech sector. According to Enoch Fung, CEO of the AoF: The emerging technologies of DeFi and the metaverse, which are closely connected to the broader virtual asset and Web3 developments, will likely present various oppor...
Invezz
Cardano (ADA) has significantly boosted as renowned cryptocurrency analytics platforms Dex Screener and Dex Tools integrated the altcoin. Market analyst Crypto Capital revealed the optimistic updates to the Cardano community on Tuesday. Watch here: https://www.youtube.com/embed/NLyIymKFb0k?feature=oembed The deal will enhance Cardano’s visibility in the marketplace and attract new users to the blockchain. Meanwhile, the integration news comes as Cardano experiences increasing interest from crypto enthusiasts. Enhanced accessibility and visibility will help the ADA blockchain attract more inves...
Invezz
Alex Labs, a layer-2 developer for Bitcoin, was exploited for $4 million in May 2024. The team now believes the attack was orchestrated by the infamous North Korean Lazarus Group. According to details shared in a June 25 post, Alex Labs disclosed three wallet addresses used in the May 16 exploit. Lazarus group linked to exploitThe team revealed that it has collaborated with on-chain investigator ZachXBT. The investigation has unearthed evidence that links the attack to the Lazarus group. An address identified by ‘0x418e…0c4e’ was directly linked to the exploit. Funds from this address were sen...
Invezz
Binance exchange made a crucial announcement about Tether and Telegram-based crypto project Toncoin (TON). The trading platform successfully integrated USDT into the Toncoin platform on Friday, June 21. That marks a crucial development, adding value to the stablecoin and TON. Binance integrates USDT on the Toncoin networkThe exchange confirmed the optimistic news on Friday and opened deposits and withdrawals. That means Toncoin users can now transact using stablecoin USDT. Meanwhile, Tether exec Paolo Ardoino revealed this development on 19 April. He issued a joint announcement with the Telegr...
Invezz
The Hashgraph Association and DeFi firm Valour Inc. grabbed the attention of crypto investors with their latest partnership. The duo has joined forces to introduce the first Valour Hedera exchange-traded product (ETP), launched on 18 June in the Frankfurt Stock Exchange (FSX) at the closing bell ceremony. According to the press release, This new product underscores Valour’s commitment to expanding its portfolio of ETPs and enhancing market accessibility for digital assets on traditional exchanges. The development gained massive traction within no time, as Hedera seemingly followed strides of B...
Invezz
閲覧を続けるには、ノアドット株式会社が「プライバシーポリシー」に定める「アクセスデータ」を取得することを含む「nor.利用規約」に同意する必要があります。
「これは何?」という方はこちら