The Polygon network has attained a significant milestone with the official unveiling of Polygon ID Release 5, signifying a substantial leap forward in the decentralized identity landscape. This recent release introduces pioneering features that broaden the spectrum and variety of…
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Decentralized Trading on dYdX Chain is Live !
Trading on the dYdX Chain protocol software has officially commenced, marking the launch of the Beta Stage. This significant milestone comes after a successful dYdX governance vote that approved the progression from the Alpha Stage to the Beta Stage. With…
Are Decentralized Exchanges Now Profitable? Peep Into How Sushiswap (SUSHI) Price Delivered 105% Profits in 30 Days
Sushiswap (SUSHI) is currently leading the lines for the native token of DEXs in terms of increases. So, it is following in the footsteps of the broader crypto market to increase by more than 105%. But there’s a problem. Sushiswap…
Why HSBC is Building a Decentralized Identity Solution With Polygon ID
The Internet is amazing, but it wasn’t really designed for our digital identity needs. Thankfully, Web3 has been offering a different way of handling passwords and personal data, giving us more control. Now, one of the world’s biggest banks is…
Decentralized Finance (DeFi) Platform Raft Recovering from a Devastating Hack of $3.3 million
In recent events, the decentralized finance (DeFi) platform Raft fell victim to a significant hack, resulting in the loss of approximately $3.3 million worth of ether (ETH). This incident has sent shockwaves through the DeFi community, highlighting the vulnerability of…
Sushi Launches on Filecoin: Decentralized Exchange and Storage
We are thrilled to announce the groundbreaking integration of Sushi, the leading decentralized exchange (DEX), with Filecoin, the world’s largest decentralized storage network. This collaboration marks a significant milestone in the realms of cross-chain capabilities and decentralized storage solutions, further…
Breaking! Shiba Inu Crypto Team Member Exposes the Token Plans! To Become More Decentralized From 2024
According to a new set of announcements by a Shiba Inu team member, the token is moving to another level. 2023 was the launch of their layer 2 protocol. So, they want to upgrade things by implementing decentralization on their…
What is Decentralized Autonomous Art Organizations (DAAOs)- Explained
In recent years, innovative concept has been gaining momentum in the art world – Decentralized Autonomous Art Organizations, or DAAOs for short. These organizations present a shift from traditional art institutions, offering a new and democratic approach to the creation,…
Coinecta Brings Innovative Decentralized LaunchPad to Cardano
Cardano has welcomed Coinecta, a pioneering decentralized launchpad, to its rapidly expanding ecosystem. Coinecta introduces an innovative decentralized fundraising model to the Cardano blockchain, allowing fundraisers, investors, and stakers to participate in seed funding campaigns without intermediaries. Operated as an…
Cardano Makes History: Wraps First Bitcoin(cBTC) on its Network, Unlocking New Possibilities for Interoperability and Decentralized Finance
Cardano, a blockchain platform that hosts the cryptocurrency ADA, has announced that it has successfully wrapped its first Bitcoin (cBTC) on its network. This means that Bitcoin (BTC) can now be used on the Cardano network, enabling users to take…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a…
