DeFi News

A recent study by Marketplace Fairness reveals that the burning question in the minds of many Americans is: “What is an NFT?”. The phrase tops the list as the most searched crypto-related term, with an astounding 39,459 average monthly queries.…

Road Town, British Virgin Islands, September 13th, 2023, Chainwire Premia Blue, the first-of-its-kind DeFi options exchange, is now live on Arbitrum. Designed for traders and liquidity providers across all experience levels, Premia Blue offers unparalleled capital efficiency, user functionality, and…

Montreal, Canada, September 12th, 2023, Chainwire Octav, a DeFi labeling and tax reconciliation platform, raised a $2.65 million seed to help label the DeFi ecosystem and be the “Quickbooks of crypto”. “There hasn’t been a systematic way where the DeFi…

London, United Kingdom, September 7th, 2023, Chainwire Bumper, a decentralised finance (DeFi) protocol, today launched its crypto options killer. The equation that underpins the protocol, promises jaw-dropping improvements over traditional Black-Scholes option desks, undercutting the market leader Deribit, by an…

Georgetown, Cayman Islands, September 1st, 2023, Chainwire Kava Chain, a decentralized Cosmos-Ethereum interoperable Layer 1 blockchain, is now available on Fireblocks, an enterprise platform to manage digital asset operations and build innovative businesses on the blockchain. The integration will enable…

New York, US, September 1st, 2023, Chainwire In a significant stride towards revolutionizing data privacy and verification, zkPass, the innovative privacy-preserving protocol for private data verification, announces that its Pre-alpha Testnet is open for public testing. A Glimpse into the…

New Internal Revenue Service (IRS) proposals aim to put decentralized exchanges and NFT platforms under the tax microscope. The DeFi and NFT sectors in the U.S. face an uncertain future.

Zug, Switzerland, August 28th, 2023, Chainwire Supra, a leading blockchain organization that provides Oracle and Verifiable Random Function (VRF) services, today announced the creation of HyperNova, its new bridgeless technology that facilitates cross-chain communication directly via L1 consensus. This groundbreaking…

JPEG’d DAO (Decentralized Autonomous Organization), the NFT-backed loans protocol that lost nearly $12 million in crypto to the Curve exploit earlier this month, is now seeking to address the repercussions of paying a $1 million bounty to recover most of…

The European Edition of the prominent Global Blockchain Congress by Agora Group that took place on July 24th & 25th, 2023 at Hilton London Bankside, UK, was a huge success. This edition’s main theme was: DeFi, Gaming, Metaverse, and NFTs.…

A nonfungible token (NFT) collector recently shared the story of a groundbreaking decentralized finance (DeFi) loan transaction. The loan, worth $35,000, was secured through an NFT representing a physical asset—a luxury watch. The NFT worked as collateral, bringing the real…

The decentralized domain name protocol Punk Domains has formed a strategic partnership with Flare, the data-focused layer 1 blockchain. In tandem with this collaboration, the launch of two new domain extensions, .SGB (Songbird Domains) and .FLR (flr.domains), were celebrated with…

In an unexpected move, an FTX creditor has transformed a bankruptcy claim into an NFT, employing this newly-minted token as collateral for a loan through the DeFi platform, Arcade. A groundbreaking application for NFTs A bankruptcy claim from the failed…

Dubai, UAE, June 27th, 2023, Chainwire OKX, the second-largest crypto exchange by trading volume and a leading Web3 technology company, today launched its new ‘Nitro Spreads’ feature on its institutional Liquid Marketplace, an OTC, futures spreads and options liquidity network,…

Embarking on a journey into the vast landscape of Polygon’s protocols, where tens of thousands of dApps, from NFTs to DeFi, vie for attention, is akin to stepping into an interstellar cosmos. The adventure can seem daunting, but with Polygon Copilot, a cutting-edge creation from Layer-E, even the greenest of explorers can chart the ecosystem with ease.

In the realm of digital assets and high-speed Layer 1 blockchain, a groundbreaking chapter commenced on June 17. The Injective Protocol, esteemed for its trailblazing ventures in decentralized finance (DeFi), broadened its horizons by introducing its first-ever NFT marketplace, ProtocolTalis.…