30+ Defi Protocols Unite to Promote Permissionless Web3 Experiences
2022 has witnessed fallouts of several crypto ecosystems, and there has been significant damage to investors’ money. More than 30 decentralized finance protocols have united as a proactive damage control measure and an initiative to rebuild trust among investors. Several players from the decentralized finance ecosystems have showcased the incentive behind interoperable, trustless, and permissionless…
Galaxy Digital Partners With Chainlink To Provide Market Data To Blockchains
Galaxy Digital has partnered with Chainlink to empower smart contract developers by releasing market data that can be accessed in the blockchain. Currently, blockchain doesn’t have market data access. This introduction of market data will help smart contract developers to build better-decentralized apps. Blockchain technology has already brought numerous innovations, but blockchain doesn’t automatically contain…
Disney Planning to Hire a Corporate Attorney for Emerging Technologies like NFTs & Metaverse
The Walt Disney Company, a pioneer in entertainment, is now hiring an experienced corporate attorney who can work on emerging technologies such as NFTs, metaverse, etc. On Friday, Disney posted on its careers website a job listing as ‘Wanted Principal Counsel – Corporate Transactions, Emerging Technologies, and NFTs.’ The lawyer should know how to work…
BNB Chain and Google Cloud will collaborate to support Web3 and Blockchain startups
Google Cloud and Binance’s BNB Chain smart contract blockchain platform have partnered to support Web3 and blockchain startups. Startups who are already developing goods and services for the BNB Chain blockchain will be able to expand their offerings using the scalable, secure, and open source infrastructure of Google Cloud. More than 1,300 active BNB Chain-based…
An Ultimate Guide to DeFi 2.0
As compared to the traditional finance wallet, DeFi provides a number of benefits and several tools to its customers. The main objective of Decentralized finance (Defi) blockchain-based solutions is to resolve the issues of traditional finance. However, DeFi also has certain limitations that need to be resolved. It has been the nature of the blockchain…
What is Cake DeFi? Explained
Finding a safe haven investment that satiates one’s hunger for ‘maximum earnings in limited expense’ is a tough task, especially when we are ushering towards a more complex economy. Where globalization and technological innovation promoted a more liberal economy and working infrastructure, the wide scale dependence on centralized financial channels limited the scope of liberalism….
Everything You Need to Know About GameFi
Are you someone who spends most of their time behind the computer screen with furrowed eyebrows, hands clutching the mouse firmly, and tone changing frequency with every competitor’s move? You don’t have to be a genius to infer that we are talking about an e-gaming enthusiast here. The craze for video games has always been…
PoolTogether and DeFi community together hit $1.4 million NFT defense funding goal
Through the sale of NFTs, PoolTogether, a no-loss lottery decentralized finance (DeFi) platform, has raised 100% of its legal defense fundraising goal. The initiative reached its financial target of 769 Ether (ETH), or $1.4 million, in just ten days, indicating significant support from the DeFi community, which is uniting against a lawsuit that some believe…
PoolTogether starts NFT Financing Campaign to Raise 471 ETH for Legal Defense
PoolTogether, a DeFi platform that bills itself as a “no-loss lottery,” has earned 470.90 Ether (ETH) through NFT sales to support its legal defense against a putative class action lawsuit. PoolTogether is now more than halfway to its target of raising at least 769 ETH (approximately $1.5 million) to fight a lawsuit it claims has…
What Are the Advantages of Decentralized Finance?
Decentralized Finance (DeFi) is an umbrella term for various applications and services within the world of blockchain, expanding the use of this technology and aiming to replace the traditional financial system with one that has no central authority. Stablecoins act as a bridge between the worlds of DeFi and centralized finances, since they are matched…
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