Sablier Finance Deploys Payroll Streaming to Polygon and BSC

Sablier is bringing "payroll streaming" to Polygon and Binance.

Markets Roundup: Ethereum Burn Rate Surges as DeFi Tokens Post Mixed Performance

This week's markets roundup reports on Ethereum's burn rate and the mixed performance of top tokens like…

Victims of $30M Parity Wallet Hack Offer Attacker $60M 'Bounty'

The victims of a 2017 hack - Aeternity, Edgeless, and Swarm City -have offered a bug bounty…

Binance Unveils $1B Growth Fund to Supercharge Blockchain Adoption

Binance, the world’s largest cryptocurrency exchange, has allocated $1 billion in funding to a new growth fund…

Exploring the Multi-Chain Universe Amid Incentives & Upgrades

On-Chain Markets Update by Lucas Outumuro, IntoTheBlock Smart contract platforms’ tokens have been amongst the top performers of 2021. While Ether has recorded a remarkable 330% return year-to-date, newer platforms such as Solana, Avalanche and Terra have seen their tokens…
Harmony Opens the Throttle on Layer 1 with $300M Fund for Myriad Projects

Harmony Opens the Throttle on Layer 1 with $300M Fund for Myriad Projects

The Layer 1 blockchain Harmony unveiled a $300M ecosystem fund today to back startups working on applications and protocols. There are many large blockchains now, but to a certain degree each one is a bit of a walled garden, Stephen…
Gelato Releases Tool to Ease Pain of Liquidations

Gelato Releases Tool to Ease Pain of Liquidations

Liquidations are a pain for Defiers, but a new tool aims to prevent them automatically. Decentralized bot network, Gelato Network, released a user interface yesterday which will automatically pay down users’ debt on lending platform Aave if they are close…
Binance Now Supports Direct Polygon Withdrawals and Deposits

Binance Now Supports Direct Polygon Withdrawals and Deposits

DeFi is getting easier for CeFi users.  Crypto’s largest centralized exchange, Binance, now allows users to withdraw and deposit Polygon’s MATIC token directly from and onto the protocol’s proof-of-stake mainnet. Previously users needed to go through a multi-step process, either…

Are the Bulls Back? Crypto Markets Whipsawed With Amazon News

Crypto markets were showing impressive strength to start the week, on track for a sixth straight day of gains –– until news headlined caused prices to trip mid-run. Bitcoin shot up to as high as $40,300 and Ethereum was trading…
The DeFi Future is Automated

The DeFi Future is Automated

A race is under way in DeFi innovation. Established players and upstart newcomers alike are in the running.  Gelato has been tinkering with use cases since 2019 and launched its production-ready V1 last July. Meanwhile, Keep3r network has been executing…

DeFi Traders Lost More Than $11M Across Two Weekend Hacks

Over the weekend, DeFi traders lost more than $11M across two hacks on Binance Smart Chain (BSC).  On July 10, Anyswap, a decentralized cross-chain protocol, suffered a hack worth nearly $8M of USDC and MIM (Magic Internet Money), a lesser…
The Latest Scam in DeFi: 'Soft Rugs'

The Latest Scam in DeFi: 'Soft Rugs'

Anyone in DeFi is probably familiar with the rug pull — the scam in which crypto developers abandon a project and vanish with investors’ tokens and funds. Now say hello to the “soft rug.” In this new breed of grift…

Not All DEXs are Created Equal: Here's the Math

Upshot: Uniswap and PancakeSwap have become household names in decentralized exchanges but a new crop of platforms are coming online with the promise of lower fees and more pricing transparency. With gas prices making headlines throughout the first half of…
Proposal to Build Sushichain Catches Eyeballs, Raises Eyebrows

Proposal to Build Sushichain Catches Eyeballs, Raises Eyebrows

First came the tweet, then countless discussions and debates followed. Within days, voila! A governance proposal materialized. This pattern is rapidly becoming the norm for DeFi protocols. This time the initiator was Sam Kazemian, the founder of Frax Finance,  a…
What Is Binance Smart Chain? Low Transaction Fees But Fickle DeFi Users

What Is Binance Smart Chain? Low Transaction Fees But Fickle DeFi Users

As the crypto sell-off continues, the Ethereum community has been more resilient than the Binance Smart Chain ecosystem, even though BSC enthusiasts tout the blockchain as a cheaper, faster alternative to Ethereum.  While TVL on Ethereum had dropped 13% to…
Safemoon Not So Safe? BSC Token Jumps By Over 10 Times, Then Halves

Safemoon Not So Safe? BSC Token Jumps By Over 10 Times, Then Halves

Safemoon, a Binance Smart Chain token, soared by 16 times in the past week driven by TikTok videos, only to immediately whiplash holders as it went on a dizzying ride that has halved its value. The token, whose platform’s only…
Binance Smart Chain Congestion is Slowing Down PancakeSwap

Binance Smart Chain Congestion is Slowing Down PancakeSwap

PancakeSwap, the leading Binance Smart Chain application in terms of market capitalization, blamed recent performance woes on an overloaded blockchain.  “No, #PancakeSwap isn’t slow, BSC is just overloaded right now,” the tweet said. “We also have an ATH number of…

PancakeSwap’s Total Value Locked Overtakes Uniswap’s

PancakeSwap, a Binance Smart Chain automated market maker, surpassed Uniswap’s total value locked for the first time yesterday hitting $7.87B, a mark $100M higher than the Ethereum AMM. That makes the BSC-based AMM the largest by assets locked. PancakeSwap’s TVL…

Curve Finance Fork Ellipsis Launches on BSC

Ellipsis Finance, an authorized fork of Curve Finance, launched yesterday on Binance Smart Chain (BSC).The protocol is an exchange for stablecoins and its launch doc promises traders “very low slippage and minimal fees.”  As the protocol is an “authorized fork,”…
“Tiananmen” Contract on BSC Seeking to Provoke CZ

“Tiananmen” Contract on BSC Seeking to Provoke CZ

An unknown developer has deployed a smart contract called “Tinenanmen_Square”  (mis-spelling Tiananmen Square), a censored topic in China, on Binance Smart Chain (BSC), with the implied intention of testing just how decentralized the chain really is.  The smart contract is…
1Inch Expands to Binance Smart Chain

1Inch Expands to Binance Smart Chain

1INCH is expanding into Binance Smart Chain (BSC), one of the first major Ethereum-based DeFi projects to make the jump.  “Crossing the hell of burned #Ethereum lands our hero stumbles upon the mysterious yellow portal,” the project tweeted today. BSC…
DeFi Hit With Record Liquidations Amid Market Slump

DeFi Hit With Record Liquidations Amid Market Slump

DeFi is in its biggest market rout of the year and borrowers are feeling the pain. Liquidations in decentralized finance spiked to a record $133M in the past day, according to Debank data.  $85.2M, or almost 78% of the liquidations,…
ETH Remains DeFi King as BSC Fights for the Crown

ETH Remains DeFi King as BSC Fights for the Crown

The DeFi world is abuzz with the following question: Is Binance Smart Chain taking over Ethereum as the ecosystem’s base layer?  We looked at the numbers and the answer is not by a long shot ––at least not yet–– and…

DeFi Liquidations Spike Amid Market Slump

It’s a bloodbath in crypto markets and DeFi borrowers are feeling the pain as liquidations spike. Total liquidation volume jumped to $14.6M on Jan. 10, almost tripling  from the previous day, according to data compiled by DeBank.  Risk of Leverage…

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