Celsius announced integrating Chainlink Proof of Reserve (PoR) to enable the creation of auditable and highly secure cross-chain wrapped tokens. With this integration, the popular lending platform that enables users to earn interest on deposited crypto will successfully bridge wrapped versions of Cardano, Dogecoin, and Ethereum to the Polygon mainnet. Chainlink is a blockchain-agnostic protocol…
Reddit is actively exploring adding NFT-based profile pictures, according to the company’s spokesperson, TechCrunch reported. Last year, the social media site already dipped its toe into NFTs by launching its own line called “CryptoSnoos,” however the new NFT agenda has far greater potential to further the mainstream use case. The cat is out of the…
2022 crypto markets didn’t get off to a positive start as asset prices have fallen sharply since the new year, a decline that already began in November last year. Since all-time-highs, bitcoin (BTC) and ether (ETH), the leading cryptocurrencies by market cap, are down 45 and 48.2 percent respectively. Over the past 30 days, the…
Onomy Protocol recently announced bridging to Polygon–expanding its list of cross-chain deployments. Onomy’s application-specific Layer 1 blockchain, which is built with Cosmos Tendermint, powers a hybrid DEX and Forex marketplace, a stablecoin minting system, and a non-custodial wallet. DeFi’s first DEX that combines AMM liquidity pools with an order book UI The integration will unlock…
Bitwise, a leading provider of crypto index funds, and ETF Trends, a noted source of news and analysis in the ETF space, recently released the findings of their fourth joint survey of financial advisor attitudes toward crypto. Financial advisors who manage roughly half of all wealth in the US, are becoming increasingly bullish on crypto….
GensoKishi’s Metaverse (MV) token set a new record on TrustPad for selling out in under 20 seconds of entering First Come, First Served (FCFS). GensoKishi Online “META WORLD” is a new GameFi version of the iconic game Elemental Knights that won the “Game of the Year” Gold Award in Taiwan back in 2012. Record-breaking IDO…
Onomy Protocol is proceeding with its plan of converging Forex and DeFi markets, announcing a collaboration with NEAR and Aurora. Through the use of stablecoins, Onomy plans to empower institutions to onboard their fiat exchange operations on-chain and, further down the adoption line, serve as the world’s decentralized reserve bank. In line with this ambitious…
Cybercriminals for the Democratic People’s Republic of Korea (DPRK) affirmed themselves as an advanced persistent threat to the cryptocurrency industry in 2021, Chainalysis reported. According to the blockchain-based data platform which supports government and private sectors in detecting and preventing the illicit use of cryptocurrencies, North Korean hackers stole $400 million worth of crypto last…
NFT marketplace OpenSea totally dominates the NFT trading market with a market share of over 90 percent in trading volume. However, just two days after its launch, LooksRare, a “vampire attack” or decentralized clone of OpenSea, is looking to give the dominant player a fight. A vampire attack is a clone of an existing service…
The day of the long-awaited launch has dawned, as Moonbeam, an Ethereum-compatible smart contract parachain, went live on Polkadot. With the completed launch process, the winner of the second slot auction became the first fully operational parachain on Polkadot–ready to welcome the deployment of over 80 projects. Project deployment Moonbeam is expected “to light up…