Blockchain-based storage network Filecoin to launch mainnet in October

Blockchain-based storage network Filecoin to launch mainnet in October

Decentralized storage network Filecoin expects to launch on mainnet on October 15, the Filecoin team announced in a blog post published Sunday.  The platform, developed by Protocol Labs, is meant to enable users to buy and sell unused storage using the network’s cryptocurrency, filecoin (FIL). The mainnet was originally supposed to launch in March of […]

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Devere Group CEO Predicts Bitcoin Can Replace Gold as Top Safe-Haven Within a Generation

Devere Group CEO Predicts Bitcoin Can Replace Gold as Top Safe-Haven Within a Generation

A few weeks ago, Devere Group CEO and founder Nigel Green said that he believed the U.S. election would bolster the price of bitcoin. Speaking with the financial broadcast MoneyFM on Monday, Green said he also believes that bitcoin will replace gold as the ultimate financial safe haven within the timespan of a generation.Devere Group […]

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Uniswap Captures $2 Billion Locked, Dex Volume Outpaces Second-Largest Centralized Exchange

Uniswap Captures $2 Billion Locked, Dex Volume Outpaces Second-Largest Centralized Exchange

The decentralized exchange (dex) built on Ethereum, Uniswap has accumulated a whopping $2 billion in total value locked (TVL) this week. Tuesday’s data shows out of all the decentralized finance (defi) application’s Uniswap dominates the $11 billion landscape by over 18%.Just recently, the defi space has touched a few new milestones as the ecosystem’s TVL […]

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DeFi Mania: Ethereum [ETH] Miners Earned More than Double of Bitcoin [BTC] Miners in 2020

Ethereum (ETH) miners are making a fortune this year in 2020! Thanks to the mad craze in the Decentralized Finance (DeFi) market that has helped to fuel the growth of the Ethereum network. As per the latest data by Coinmetrics, Ethereum miners have pocketed over $350 million in transaction fees so far this year. Interestingly, […]

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Binance Unveils Launchpad Token Sale, Launch Pool Farming for DeFi Project Alpha

Binance announced the launch of Launchpad token sale and Launchpool farming for Alpha Finance Lab [ALPHA], a platform dedicated to researching and innovating in the DeFi space. This news comes days after going live on public Binance Smart Chain Testnet. According to the official release, the token sale for Alpha Finance Lab will follow a lottery […]

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Polkadot Launches DeFi Token POLS and Cross-chain DEX

Ethereum rivaling blockchain Polkadot is jumping aboard the DeFi bandwagon with the launch of its own decentralized exchange and governance token. The recently announced Polkastarter will be listed on Uniswap today, 13.00 UTC September 29, as an ERC-20 token called POLS. The concept is to create an interoperable decentralized exchange to the Polkadot ecosystem, however […]

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Lightning Vs WBTC, Is It Game Over For Bitcoin Lightning Network?

Lightning Network that was launched with the hope of enabling instant payments and scaling Bitcoin to handle millions to billion of transactions per second across the network. However, currently the Lightning Network appeared to be losing pace, especially when compared to Wrapped Bitcoin.  Lightning vs WBTC The total value of Bitcoin locked in Ethereum via […]

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PancakeSwap Dominating Binance Smart Chain, Reveals Stablecoin Venus Protocol

The recently launched DeFi food farming platform, PancakeSwap, appeared to be dominating token stats on Binance’s DeFi platform. This was first revealed by CZ, the CEO of the cryptocurrency platform himself, who tweeted a screenshot of the protocol’s native token CAKE ranking at the top in all the three charts for unique senders, unique receivers as well […]

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Binance Adds Venus Protocol [XVS] to Its DeFi Platform

Cryptocurrency exchange, Binance announced the addition of a new project called Venus Protocol [XVS], which is dubbed as a money market and stablecoin DeFi platform on Binance Smart Chain. With this, Venus becomes the fourth project on Binance Launchpool. The official blog post read, “Users will be able to stake their BNB, BUSD and SXP tokens into […]

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ADA Jumps 10% as Cardano Integrates Metadata Into Wallet and Node

Cardano (ADA) price has jumped 10.56% on Monday, September 28 as Cardano developer Charles Hoskinson briefed new developments with the platform’s Goguen update. At press time, ADA is trading $0.1052 with a market cap of $3.2 billion. Cardano’s (ADA) daily trading volume has also shot to $850 million. Hoskinson explained the platform’s new capabilities during […]

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