‘Aave of Klaytn’ KLAP Protocol TVL Soars $102 Million in First Week of Launch
KLAP – a DeFi lending protocol on Klaytn Network has seen its total value locked soar above one hundred million in a week after its launch. The dApp, spun up…
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Centrifuge Launches Cross-Chain Connectors to Bridge Real-World Assets to DeFi
Decentralized asset financing protocol Centrifuge has launched a new cross-chain Connectors solution dubbed Centrifuge Connectors to bridge the gap between the real-world asset (RWA) market and decentralized finance (DeFi). Centrifuge…
Gal Gadot-Backed AdaSwap Launches Public Testnet
The first decentralized exchange tapping the Cardano blockchain has announced the launch date of its testnet. The project had previously released an NFT marketplace shortly after raising over $2 million…
Investment Gone Bad: User Supposedly Loses Over $1 Million in an NFT Trade
It’s safe to say that non-fungible tokens have seen better days as liquidity dries up amid a broader market downturn and collapsing prices. Amid all this, an investor has let…
Cake DeFi Commits $1M to ESG Initiatives on Third Anniversary
June 7, 2022, marks Cake DeFi’s third anniversary. Reviewing its achievements, the Singapore-based financial technology platform noted that it has managed to record tremendous growth despite the bearish trends, averaging…
Chainlink Brings Price Feed Data to Solana for Defi Support
Chainlink – a blockchain oracle platform – recently announced that its price feed technology has been launched on the Solana network. This information will help Solana defi developers use live…
Sneakmart Partners with StockX on Metakicks Mystery Box NFT Drop
Sneakmart – a community-driven application that’s focused on streetwear, including sneakers, clothing, and accessories, has collaborated with leading marketplace StockX for their Metakicks NFT Drop. According to a release shared…
Solana-based DeFi Land Launches its First Play-to-Earn Game
DeFi Land, a multi-chain agriculture simulation gaming project built on the Solana blockchain, has unveiled its first play-to-earn game created to gamify all aspects of decentralized finance (DeFi). DeFi Land…
DoraHacks Bags $20M From FTX Ventures, Gemini, CryptoCom Capital to Accelerate Web3 Development
DoraHacks, a global hacker movement and Web 3.0 developer community, has raised $20 million in a Series B1 funding round to help accelerate the growth of its Web 3.0 platform.…
Okay Bears NFT Collection: The Complete Guide
Okay, Bears has quickly become amongst the most popular collections of non-fungible tokens based on Solana. At the time of this writing in May 2022, the collection has also become…
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