Latest

DeFi
1Inch Launches DeFi Wallet for IOS
1Inch released 1Inch Wallet, a non-custodial DeFi wallet for IOS yesterday. At launch, 1Inch Wallet’s features primarily revolve around swaps, with plans to introduce staking, governance, and liquidity pools in the future. 1Inch Wallet offers IOS users the same settings and aggregation functionality as the 1Inch dapp for both Ethereum and Binance Smart Chain, and…

NFTs & Web3
Binance Set to Launch NFT Marketplace in June
Binance is planning to launch an NFT marketplace and trading platform in June, the exchange said in a post. Binance NFT aims to offer high liquidity and low fees for NFT transactions. The two main venues available at launch will be a “Premium Events” category for exclusive artist collaborations and exhibitions, and a “Trading Market”…

DeFi
Polygon Takes Lead in Layer 2 Race as MATIC Token and Assets Soar
Polygon’s token is rising the most among all cryptocurrencies in the past 24 hours, while assets in its networks spike. The activity is a sign an increasing number of users are betting the project will become a leading Ethereum scaling solution. Polygon’s MATIC token is up more than 30% just in the past day, the…

DeFi
Yearn Finance Q1 Report Reveals Rising Profits Thanks to Vaults and Yield Farming
Yearn Finance said in its second-ever quarterly report, and first using the EBITDA accounting metric, that earnings in Q1 2021 were up 32% of all 2020 earnings, a period which spanned the five months since the protocol’s inception last year. The report offers a glimpse into the business model of a DeFi project that’s not…

DeFi
European Investment Bank’s Blockchain Bond Pushes ETH to New Highs
European Investment Bank (EIB), the publicly owned lending arm of the European Union, sold a 100M euro bonds registered on the Ethereum blockchain. This marks the EIB’s first blockchain bond sale. The 2-year digital bonds will be registered in the Ethereum blockchain after pricing on Tuesday, and will have a zero percent coupon, as reported…

DeFi
Novice Jeweler Living the American Dream Thanks to NFT Wearables
Recently multiple images of a pendant featuring NFT art were shared on Instagram and Twitter creating sizable buzz for Eduardo Jaramillo aka the NFT Jeweler. The jewelry piece, an iced out iWatch display on a gold chain, showed a series of images. In one sense it was a simple concept yet it also unofficially launched…

DeFi
Eminem & Ellen DeGeneres are Latest Celebs Into NFTs
Another week, another batch of celebrities entering the NFT space. Over the past month, we’ve seen Snoop Dogg sell an original NFT music track and art collection, Tony Hawk auction off NFT skateboarding videos, and Paris Hilton (who quietly sold her first NFT for $17k in August, 2020, way before the current market boom) emerge…

DeFi
Algo Stablecoin Basis Cash Attempts Turnaround With V2
Basis Cash V2 is launching with the aim of “redesign[ing] from the ground up after a deep analysis of the shortcomings of V1.” The upgrade includes dynamic liquidity incentives instead of the static liquidity rewards from V1, consistent staking rewards to incentivize holders of the Basis Shares (BAS) governance token, and utility for the Basis…

DeFi
Solana Gains Most Among Layer 1s in Volatile Week
Solana, the Layer 1 blockchain which touts 50K transactions a second capabilities, weathered last week’s crypto sell off better than most. The chain’s SOL token is up 42% on the week beating out a rebounding Ether, up 10%, as well as sputtering Cardano, Tron, and Polkadot networks, down 5%, 20%, and 12% respectively at the…





