Nervos launches cross-chain bridge to connect Ethereum and Cardano

Nervos today announced that the Force Bridge is now live on the mainnet. The Nervos Network is a collection of protocols and public blockchain ecosystem aiming to solve the various challenges facing blockchains like Bitcoin and Ethereum today. The Force Bridge is currently connected to Ethereum through a cross-chain bridge and will be connected to…

Report: America, not Asia, is leading in DeFi usage and DEX activity

‘Rich Dad, Poor Dad’ Author Robert Kiyosaki Says Cryptocurrency Could Outlast Fiat This post was last updated on November 25th, 2019 at 04:24 amRobert Kiyosaki, the author of one of the top personal finance books of all time, stated that cryptocurrencies, gold, and silver, will triumph over an impending economic crash — the likes of…

DeFi Live is bringing global DeFi and crypto players under a single roof in London

DeFi Live is a newly announced conference seeking to provide a platform for the leaders at the forefront of the decentralized finance (DeFi) industry. Hosted virtually to a global audience on November 10th and in-person in London on November 11th, DeFi Live will showcase some of the industry’s best talent, and will welcome DeFi’s most…

DeFi activity on Binance Smart Chain increased 487% since 2020

The activity on Binance Smart Chain (BSC) continues increasing as the number of unique active wallets (UAW) connected to the network surpassed 608,500 per day on average during Q3, according to DappRadar’s recent report. The popular data acquisition and analysis company noted that this reflects a 20% increase quarter-over-quarter, while, over a year period, the…

Is Kusama (KSM) about to shed its “canary network” label?

Polkadot whale and notable community member @DonnieBigBags tweeted that the Polkadot to Kusama bridge will be rolled out at the end of this year. He added that, by formally connecting both chains, Kusama is “more important than ever.” “Importantly it was announced today that the $DOT <> $KSM bridge will be ready by the end…

Pollen DeFi is tapping into the Future of DeFi with Participatory Asset Governance

With the announcement of their roadmap to launch Pollen DeFi has revealed they have been building an advanced update of the platform. The project is ready to launch its countdown after closing a round of private funding, raising $5 million US with key strategic backers, including The Graph and AlphaBit. The team has identified market…

New bridge connects Binance Smart Chain tokens and NFTs to Ethereum and Solana

Wormhole, the interoperability protocol that facilitates any type of data to be passed between different networks, announced the addition of Binance Smart Chain (BSC) support to its already existing ETH <> SOL token and NFT bridge.  Now, with more than $200 million in total value locked (TVL) in the protocol from its Solana and Ethereum…

This crypto investor lost an NFT worth $342,000 on a mere $12,600 loan

‘eBay of NFTs’ ropes in heavyweight champion Tyson Fury for new drop A marketplace for non-fungible tokens (NFTs) launched by Travala dot com Co-founder Matt Luczynski will debut heavyweight boxing champ Tyson Fury’s NFT collection as it bids to become the go-to-market to buy, sell, trade, and bid on NFTs, and deliver a knockout blow…

Trading crypto? Here’s how to decide between CEXs or DEXs

There is a very well-known saying made famous during the California gold rush: “During a gold rush, promote shovels.” This phrase indicated that there are more innovative methods to capitalize on a rising enterprise without immediately competing with the alternative gold miners. Since the crypto bull market in 2017, many innovators in the crypto industry…