News

Venus Makes Chainlink Sole Oracle Provider For Markets

The full implementation of Chainlink will grant Venus users a series of benefits.

Fee Transparency: Beefy Finance and Autofarm Release Fee Data

Understanding how fees operate in the crypto landscape is crucial to fully participate in Decentralized Finance (DeFi), and transparency allows for quick user comprehension.

Mark Cuban Continues To Grow NFT Investments, Joining the Recent 7.5 M Axie Infinity Raise

American billionaire investor, Mark Cuban has for some time shown keen interest in NFTs. Cuban recently increased his NFT investment portfolio by taking part in a fundraising initiative for Ethereum-based NFT gaming platform, Axie Infinity.

MemePad Looks to Capitalize on Hype Through an IDO Launchpad for Memecoins

The Binance Smart Chain just released an IDO launchpad for microcap coins and ‘memecoins’. Let’s dive into what exactly that means.

BSCStarter to Host XOLO Finance IDO

XOLO IDO will be launching on BSCstarter V3, with the team releasing an updated schedule ahead of the launch. Here’s the scoop on the launch.

Stanley Druckenmiller Sparks Inflation Discussions, Hinting at Further Crypto Upside

Stanley Druckenmiller believes cryptocurrency is taking a prime position to replace the U.S dollar. Let’s shed some light on why he believes this could be happening.

Ten Finance Sells Out Within 10 Minutes But Must Redeploy Token Contract

Ten Finance sold out all tokens available upon its launching within the first ten minutes on Tuesday. The launch, however, was not successful as the farm contracts could not access the minter function.

WaultSwap Heading Towards Top 5 in Dex Volume After 20% Correction

After the release of a few key products in April, Wault Finance is seeing tremendous growth. Let’s dive into some of the contributing factors for this rise.

Crypto Degen Transforms $1,800 Into $3.5 Million By Trading Only Dogcoins Since January

An ambitious trader has made a tremendous amount of capital just trading dogcoins. Here’s a look at how this trader has found success.

SafeMoon Continues to Take Traditional Finance by Storm, Landing in Times Square

SafeMoon has landed in Times Square following a community fundraising and marketing initiative. The advert claims SafeMoon is ‘the world’s fastest growing cryptocurrency.’

Binance Smart Chain Faces Increased Congestion, How To Navigate High Volume Days

As more users adopt DeFi, network congestion will remain a problem not only on Ethereum but BSC as well. There are measures users can take to avoid loss of time during moments of network congestion on the Binance Smart Chain.

The Launch of bDex Sees Immediate Success

bDex has had immediate success after launch, pushing past $40M Total Value Locked (TVL). Let’s take a look at their hot start.

Oddz Finance Announces Partnership With Polygon

Oddz Finance has announced an integration with Polygon to allow more traders trade options on their platform. It is the first multi-chain option to partner with Polygon, formerly known as Matic.

Swamp Finance Releases Updated Roadmap As Platform Approaches $200M TVL

Yield optimization platform Swamp Finance has dropped a new update of its plans for the remainder of the year. The roadmap features a lot of exciting plans for development across the rest of 2021.

Joselito and Venus Tease a Big XVS Burn

Founder and owner of both Swipe Wallet and Venus protocol have just hinted at a possible $XVS big burn in the history of the token burn via his Twitter handle. This could lead Venus token to another new ATH in the coming days.

Crypto Doggies IDO on Bakery Swap

The Crypto Doggies IDO is set to launch with BakerySwap on BSC, combining dog memes, crypto punks, and NFT collectibility. In total, 5 billion $DOGGY will be minted and can be exchanged for 10,000 different types of dog NFTs.

Blizzard Money Soon to Release SnowBank Alongside Gale Token

Blizzard Money has set a date — the 14th of May for SnowBank integration. With this, there will be more gain with less work for investors and automatic yield generation.

An In-Depth Look Into Belt Finance's 4Belt & BeltTokens

Automated market maker and yield-optimisation protocol Belt Finance launched its protocol with a very successful initial farm offering. In this article, we take a close look at the project’s $4Belt and beltTokens.

Binance Continues to Dominate the Exchange Space in Both Volume and Traffic

Binance has been dominating the Decentralized Exchange landscape recently. Here is a review of the factors behind their success.

SEC Pushes Congress for Decentralized Exchange Regulation

As interest in crypto rises, there is a need for regulation to protect the ever-expanding pool of assets, at least according to the SEC. Let’s talk about their proposals.

Tom Brady Changes Profile Picture to Laser Eyes as Bull Market Matures

The greatest NFL quarterback of all time has changed his profile picture to include red laser eyes, putting crypto Twitter and mainstream media outlets into total meltdown. Here’s why.

Shib Token Extends Rally While DogeCoin Sinks During Elon’s SNL Skit

SHIB holders have plenty to celebrate as the “Dogecoin Killer” rises 1784% in 7 days. Meanwhile, Dogecoin holders had little to laugh about as coin fell by 35% after Musk appeared to call the crypto a “hustle” on the comedy skit show.

WaultSwap Continues Setting All-Time Highs as TVL Surpasses 1B

Wault Finance continues in its record-setting streak since the launch of its WaultSwap exchange platform. The yield aggregator and automated market maker (AMM) platform recently crossed the Total Value Locked (TVL) of $1 Billion.

Mirror Launches $mCOIN and $UST on PancakeSwap

Mirror Finance will be launching their $mCOIN and $UST assets on PancakeSwap. Let’s talk about this Binance Smart Chain (BSC) project news while it’s hot!

Community Votes for May Migration Madness, UP to UNFI Migration #5

The Unifi Protocol community has expressed its desire to see migrations via voting referendums. Unifi has responded by releasing the details of a proposed "May Migration Madness" by the community.

PancakeSwap Offering 3M+ In Rewards Through Three New Farms and Syrup Pools

Pancakeswap users can stake their $CAKE on either or all of TRX, WIN, and BTT syrup pools. Users can harvest these tokens and trade them on the platform at any time.

OxBull Hosts Its 11th IDO Featuring CATECOIN

OxBull has introduced another decentralized finance (DeFi) project to its blockchain incubator. The Binance Smart Chain-based startup will host meme platform CATECOIN in its 11th Initial DEX Offering (IDO).

Anyswap Rallies Over 90% as Multichain Swaps Continue to Grow

The $ANY token, the currency of the Anyswap platform recently enjoyed a price upsurge of over 90% in the past week. The price upsurge may suggest that multi-chain swaps are gaining traction in the crypto space.

AutoFarm Updates Venus Vault Situation, Potential Funds Await Investors

Autofarm has suggested that its users in Venus vaults withdraw their funds. This advice is part of Autofarm's recovery plans in the wake of severe complications its assets experienced in Venus Vaults, which affected the compounding of assets and withdrawal.

New Syrup Pools Require PancakeSwap Users to Re-Stake in New Contracts

PancakeSwap AMM has created a number of syrup pools deployed by new contracts and is discontinuing existing pools. As part of the integration of these new contracts, PancakeSwap is requiring users to re-stake their tokens.

ValueDefi vSwap Pool Contract Exploited in String of Hacks

The latest hack on May 7th at 07:41:39 PM +UTC has drained 11M USD from the vSwap contract liquidity pools, making it the platform's third exploit. The ecosystem is threatened with this type of event becoming rampant in recent times.

Billion Happiness Launching NFT Marketplace Geared Towards Artists

Billion Happiness is launching their Binance Smart Chain NFT marketplace! Let’s talk about that.

MetaMask Adds Built-In PancakeSwap Feature

MetaMask has added PancakeSwap into their built-in token swap! Here is some information about the integration and potential effects for users.

JGN Reaches All-Time High as Binance Enters the NFT Space

Juggernaut (JGN) has reached a new All Time High! Let’s talk about why the project is seeing so much growth recently.

SafeMoon Resumes Rally, Surpasses 1.5 Million Holders

SafeMoon is seeing tremendous price rallying despite controversy surrounding the safety of their project code. Here’s a look at how the rise has happened and a look at the results.

MDEX Introduces NFT Mascot Campaign as NFT Craze Continues

MDEX launched its NFT mascot campaign on May 6th in a bid to offer exclusive opportunities to design enthusiasts and reignite artist passion for the trend. Let’s dive into that!

ApeSwap Continues “Non-Fungible Apes” Distribution on NFTKEY

ApeSwap has seen recent speculation as they branch out into the NFT market. Let’s dive into what these non-fungible assets are and what it means for the project.

PancakeSwap Launches CAKE Swag in PCS Store, First Two Rounds of Sales Have Been Donated

PancakeSwap has announced that it has donated all the proceeds from the sale of its merch. PancakeSwap had already carried out two rounds of sales and all the proceeds were donated to Give well.

PayPal Sees a Q1 Record Following “Checkout With Crypto” Feature

Paypal delivered incredible growth in total payment volume and revenue in this year's first quarter, leading to a new record performance. Let’s look at how cryptocurrency affected those numbers.

WAULTX Rallies Over 100% as Third Presale Nears

WaultX, even post-migration from $WAULT to $WAULTX, have seen substantial growth in value. Let’s take a look at some of the factors behind their solid improvement.

Goldman Sachs Raises $15M for Coin Metrics

Coin Metrics, a Blockchain analytics firm, has gained a massive boost in funding led by Goldman Sachs. Let’s take a look at why the banking giants decided to fund the project.

Alpaca Finance Users Double as the Protocol Crosses $2 Billion TVL

Binance Smart Chain (BSC) protocol Alpaca Finance has seen tremendous growth in a short amount of time. Let’s dive into some of the contributing factors for this rise.

Beefy Finance Launches Vaults on Polygon

Beefy has announced the integration of yield optimization vaults to the Polygon Network, formerly known as Matic Chain. This integration means Beefy now has vaults on 4 different blockchains.

Wault Swap Revamps Burn Process, Allocating 100% of Protocol Fees to WEX Holders

Wault Finance has announced that 100% of WSwap's trading fees will move to buy back and burn WEX. Currently, the protocol will use approximately $32,000 to buy and burn WEX daily — 0.02% of the daily trading volume.

UFC Continues to Dive Into NFTs, Leveraging CHILIZ to Launch UFC Fan Token on Socios.com

The UFC plans to take advantage of this interest by releasing their own NFT through Chiliz Summary: The world’s largest Mixed Martial Arts fighting tournament, the UFC (Ultimate Fighting Championship), plans to launch its own $UFC fan engagement token in cooperation with Chiliz on the Socios.com website.

bEarn Fi Releases April Update Displaying Continuous Innovation

bEarn has released its monthly wrap-up for April 2021. The wrap-up included updates about their AMA, bFolio, multi-pegs, bLending, and bPower.

As Fantom Continues to Grow, Will Other EVM Chains Outpace the BSC?

The market cap of Fantom ($FTM) has exceeded $2 billion with expectations of reaching its previous high of $0.8444 per $FTM any day. The Ethereum Virtual Machine (EVM)-compatible blockchain allows transactions to be completed in 1 second, meaning that it is a premier choice for developers. The question now is: will this growth be continued across other EVM projects?

Casey Neisat, Famous YouTuber, Tweets About ETH Amidst 20% Rally

YouTube famous Caisey Neisat, known for his amazing, creative, and inspiring videos, made a single Tweet, “Eth!”, as a rally of over 20% ensued.

PancakeSwap Proposes $CAKE Emission Reductions

PancakeSwap has proposed a reduction in $CAKE emissions every month in order to slow inflation. Holders of CAKE will have the opportunity to vote monthly to reduce CAKE emissions.

DODO Introduces Fractional NFTs Through DODO NFT

On May 4th, BreederDODO announced the launch of DODO NFT. DODO NFT aims to help small investors and collectors in the NFT ecosystem overcome their inability to purchase their most desired items due to prohibitive prices. DODO NFT will fractionalize NFTs to reduce investor costs, meaning that NFTs will be available to a wider purchase base.

Most Valuable Builder (MVB) II, A Focus on NFTs

After a successful launch of its first-ever MVB accelerator program in February this year, the BSC has announced the start of the second edition. The focus of the MVB accelerator program is to help innovative NFTs and Defi projects.

Over 5M Cake Burned in The Largest PancakeSwap Weekly Burn

PancakeSwaps deflationary mechanisms are in full swing. A tweet from the official PancakeSwap Twitter account on May 3rd stated that the exchange bought $7.8M of $CAKE back from the market in trading and prediction fees.

CEO of Swipe Burns 17% of SXP Supply, 200M Dollars

Swipe is a platform that connects crypto and commerce. Ahead of the release of the V2 whitepaper, Joselito Lizarondo burned SXP tokens and provided a summary of what is to be expected.

Injective Claims “Unicorn Status” After Raising 10M and Over 50M Locked in Equinox Staking

Injective, a decentralized derivative exchange, just reached Unicorn status. The exchange seems to be on a non-stop mission as it has embarked on major collaboration and integration to grow its platform.

NERVE Launches rUSD Metapool Alongside Partnership with Ramp‍

NERVE is an AMM that focuses on and optimizes trading stablecoins with minimal slippage. It has announced it will partner with DeFi lending protocol RAMP. 

Refinable Announces Big Bang NFT Competition, Calling All Artists

Refinable is a newly launched NFT marketplace on the Binance Smart Chain (BSC) network. They just recently announced its NFT competition calling all artists in the BSC space, tagged the Big Bang NFT competition.

Wault x Eleven Finance Partnership as WSwap Nears 200M TVL

WSwap users now have an easy option to create Liquidity Pools (LPs) and add them to the corresponding vault using Eleven Finance. Users can stake LP tokens in the Eleven Finance vaults and earn ELE for increased rewards.

BAKE Increases 380% in the last 7-days Alongside 20x Increase in Transaction Volume

BAKE experienced a 380% gain over the last seven days alongside a 20x increase in volume. BakerySwap continues to display why it is the hub of most NFT activities on the BSC chain.

Helmet Dives Into NFTs: Gacha Game

The protocol introduced a jigsaw game in version 1 of Pixel Puzzle called "Fight for Dora." Pixel Puzzle is an NFT Gacha game with surprise mechanics that allows users to scoop the final jackpot.

United Kingdom Designates Task Force to Explore Possibilities of Its Own CBDC

The United Kingdom continues to explore the possibility of its own Central Bank Digital Currency (CBDC), as governments and central banks around the world play catch up to China’s CBDC - the digital yuan.

MDEX Overtakes BurgerSwap and PancakeSwap in DEX Ranking

Maintaining a daily volume of more than $1.6 billion coming 2nd to Uniswap $1.7 billion, the HECO-based multichain MDEX has surpassed BurgerSwap and PancakeSwap. The Binance Smart Chain (BSC) Network Dex is now taking over 23% of the market share.

XPool Announces Testnet Plus Important Updates for Mainnet

Binance Smart Chain (BSC)-based Decentralized Finance platform, X-pool has announced the deployment of its Testnet. The deployment of the Testnet features is to aid in ensuring that the Mainnet is launched without any hitch. The launch date for its Mainnet will now be May 8, 2021.

BakerySwap Introduces CAR IDO - A Rare Car Collection

The BakerySwap platform, which is at the forefront of NFTs on the Binance Smart Chain (BSC), has announced a new range of non-fungible tokens called Rare Car Collection. The supporting token $CAR will be made available on the Bakery Launchpad (IDO) on May 5th.

Value DeFi Announces Multiple New Features

Value DeFi announced a suite of new products and features including vSWAP v2, a collaboration with Ren, and an upgraded AMM for the Value DeFi ecosystem. To implement these ambitious plans the company will make some significant changes to how it is funded, including the liquidation of its vested development fund.

Alpha Homora v1 on BSC Adds 2 New Leveraged Pools

Alpha Homora’s leveraged pools allow users to maximize their liquidity for greater potential profits based on a users’ personal taste for risk. As a general rule users should be aware that greater leverage also offers greater opportunity for loss.

The bEarn.Fi Ecosystem Introduces bPower, an Innovative Loyalty Program

bEarn.Fi, a cross-chain and auto yield farming protocol, has added another product to the decentralized ecosystem, bPower. bPower is a unique loyalty system where members earn exclusive benefits & rewards.

HyperJump Farming to Launch in the Fantom Zone

HyperJump is a Decentralized Finance (DeFi) project that is focused around Non-Fungible Tokens (NFTs). The team behind the protocol recently announced plans to expand this unique farming activity to Fantom by next week.

Wault Announces Third Presale for Holder Finance

Wault is quickly becoming a busy launchpad with a number of projects choosing the platform for their token launch. Holder Finance follows on the heels of Euler.Tools and Swirl to become the third platform to launch on Wault.

Blind Boxes Launches Liquidity Mining Event with 1inch Network

Premier gamified NFT curation platform, Blind Boxes, has sealed a cooperation with DEX aggregator, 1Inch. The deal will see the creation of a liquidity mining pool on 1Inch for Blind Boxes' native token.

MDEX and WeStarter Campaign Introduces Liquidity Incentives

Huobi Eco Blockchain (HECO) based Automated Market Maker (AMM), and Decentralized Exchange (DEX) MDEX just launched its WeStarter campaign. It aims to reward participants and liquidity providers (LP).

Current State of the NFT Boom Cycle

The first three months of the year witnessed rocketing demand for NFTs, the market cap of NFT projects rose by 1,785%. Such has been the success of the sector it has begun to draw the interest and participation of celebrities such as Snoop Dogg, Tony Hawk, Lindsay Lohan, Grimes, Lewis Capaldi, and even Edward Snowden fomo-ing in on the NFT craze.

Xend Finance Releases New Website Optimized for the User

The world's first decentralised finance platform for credit unions and cooperatives, Xend Finance, has optimised the look and feel of its website. This change was made in response to the growing community supporting the project.

Uniswap and PancakeSwap Lock Horns, Battling for #1 DEX Spot

The rivalry between the two top Automated Market Maker (AMM) and Decentralized Exchange (DEX) Uniswap and Pancakeswap is far from over. The flippening, subtle competition, and healthy rivalry are fun to see and learn from these two giants.

Spartan Pools v1 Exploited Using Flash Loans, $30m Hacked.

Binance Smart Chain (BSC) network has experienced another hack with the recent Spartan Pool exploit. The exploit appears to be a sophisticated and expensive one as details unravel.

Injective Protocol Partners with UMA Protocol

Injective, a decentralized derivatives exchange, has announced its partnership with UMA, a universal market protocol. The collaboration between both protocols will promote the launch of innovative synthetic products and bridge gaps between DeFi and synthetic assets.

Swamp Finance Releases 10 New Vaults

Swamp Finance announced it has added ten new PancakeSwap vaults to its platform. The yield optimization protocol announced the latest development on the 29th of April 2021 via Twitter, giving users more options to farm yields.

PancakeSwap Prediction Market is Live

PancakeSwap announced the Beta Phase of their new Prediction market tool is now live. Prediction of market prices going up or down is a market that has yet to be fully realized. PancakeSwap Prediction seems to be making strides forward into this sector, offering users even more versatile trading options.

Binance Smart Chain Witnesses Parabolic Growth and Outperform the Broader ETH Market

Thanks to consistent high-volume transactions on PancakeSwap, BSC activities are now experiencing parabolic growth and haven’t shown any sign of stopping.

Upcoming EasySwap Hard Fork in Response to Hacking Incident

In light of the security incident that happened on the 19th of April 2021, EASY has announced that there will be new changes to its decentralized finance lending protocol. One of which is a proposed hard fork.

APYSwap Features Shareable NFTs on Binance Smart Chain

APYSwap, the DeFi protocol best known for tokenized vaults, has announced a new feature which will see the company make a splash in the liquid-heavy NFT market. The company proposes a model of shared NFT ownership which will allow multiple people to each own a piece of a single NFT.

NFTs and Taxes: What to Know About the Unavoidable

Last week a leak from the White House revealed that President Biden plans to raise capital gains tax for wealthy Americans who earn over $1 million. The new rate at which the tax will be charged for the very richest in society will reportedly be 39.6%, almost doubling from the existing rate of 20%.

Upcoming BSCPad and ZeroSwap IDO for TradeStars TSX Token

Fantasy Stocks trading game platform, TradeStars has announced its upcoming IDO on BSCPad and ZeroSwap. After the IDO on May 4, 2021, its token $TSX will be available to the public and investors. TradeStars has also opened its White list to interested participants.

Seascape Network Opens up Season 1 of Staking Salon

NFT and DeFi gaming Platform, Seascape has launched Season 1 of its third modularized DeFi game, Staking Saloon. It is now live and users can get ready for some ‘gun-blasting good time’ on the protocol. Season 1 of Staking Saloon is packed with actions that will allow users to stake Scapes (the platform's original NFTs) for Crowns (its universal token, $CWS).

StreamingFast Introduces a New and Improved PancakeSwap Dashboard

StreamingFast has integrated its streaming service with the PancakeSwap dashboard to develop a new dashboard that is almost 60x faster than before. Their subgraph stack ensures reliable live data flow, development, iteration, and faster production times, making the dashboard appealing to incoming investors.

Digital Innovation Act Passed by Congress, Taking a Step Towards Efficient Regulation

On Tuesday, April 20, 2021, the house passed six bipartisan Financial Services bills, including Ranking Member Rep. Patrick McHenry’s (R.N.C.) proposed Eliminate Barriers to Innovation Act. This bill aims to improve crypto-regulation efficiency, as well as promote innovation in the sector in the U.S.

PancakeSwap Launches DefiDollar DAO Syrup Pool

PancakeSwap announced on April 27th that DefiDollar DAO is the latest protocol to own a Syrup Pool on the popular DEX. DUSD and ibBTC are two popular products from DefiDollar, which is poised to maximize investor returns as part of the PancakeSwap ecosystem.

Migrating to Kalmar V2 Farms

Kalmar has informed its users to close their old positions and re-open them since their V2 farms are now live. Kalmar had to upgrade their farms to new ones because PancakeSwap migrated to V2.
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