The native token powering the cross-chain bridge Multichain plummeted today after users began sharing that some of their transactions had been stuck since Sunday. Though the team assured that funds are safe and they’re working to solve the issue. Multichain—previously known as Anyswap—is a decentralized cross-chain protocol that facilitates the exchange of different cryptocurrencies across multiple blockchain networks. By leveraging…
Decentralized finance protocol Voltz now allows Avalanche users to trade interest rate swaps of the Secured Overnight Financing Rate (SOFR), a benchmark dollar rate used throughout the global economy. The new feature allows investors to hedge their exposure to interest rate changes and speculators to bet on whether the rate will go up or down, according to a May 24…
A crypto project called Fintoch, which claimed to be backed by investment banking firm Morgan Stanley, seems to have taken off with almost $32 million of its users’ funds, according to on-chain detective, ZachXBT. In a thread, the crypto sleuth showed a diagram that detailed the movement of the funds. The on-chain detective alleged that the project had likely conducted…
DeFi Dad has 152,100 Twitter followers. He’s a DeFi podcaster, head of portfolios at Fourth Revolution Capital and a prolific crypto YouTuber. Who is this guy anyway? Travis Blane, who is better known as “DeFi Dad” to his 152,100 Twitter followers, has been actively making crypto content since 2019. He’s also the head honcho of marketing and portfolio support at…
beginner Are you familiar with Bitcoin Ordinals? If not, you’re not alone. These digital artifacts have recently emerged as a major contender in the Web3 world, sparking excitement, debate, and even some confusion among crypto enthusiasts. Bitcoin Ordinals are often referred to as the NFTs of the Bitcoin blockchain. Not only do they introduce new options and use cases for…
Attorney Marta Belcher joins The Agenda podcast to unpack financial surveillance’s vast infrastructure and warn of the potential ramifications of central bank d… Source: https://cointelegraph.com/public/index.php/news/financial-surveillance-privacy-and-cbdcs-why-are-governments-going-cashless
As it marks two decades of existence, popular streetwear brand The Hundreds has unveiled its next flagship store—and it’s in the metaverse. Today, The Hundreds announced the opening of an immersive 3D store within some.place, a metaverse platform that has pivoted to embrace ecommerce and provide experiential ways to take part in product drops. As the some.place private beta test…
beginner As more and more people become interested in investing in cryptocurrencies, it’s important to know which exchanges are the best to use. With so many options out there, how do you determine which ones are trustworthy and secure? Cryptocurrency exchanges are online platforms where you can buy, sell, and trade digital assets. Individuals can invest in cryptocurrencies there and…
Famous entrepreneur Gary Vaynerchuck — also known as Gary Vee — is a long-time supporter and collector of nonfungible tokens (NFTs). In May 2021, Vaynerchuck announced the launch of his VeeFriends NFT collection, which consisted of 10,255 unique tokens to give holders access to exclusive events. Shortly after launching the VeeFriends collection, Vaynerchuck demonstrated the potential behind NFT tickets during…
beginner As the world of finance continues to evolve and become more digitized, it’s clear that cryptocurrencies are here to stay. Besides, they are rapidly becoming a popular form of payment. Among these, Bitcoin (BTC) is undoubtedly the vanguard. As we delve into the heart of this innovative realm, let’s take a comprehensive look at the trailblazing companies that have…
