Monthly Archives: June 2022

Are PlayToEarn Games Ponzi Schemes?

Many are comparing Web3 projects with Ponzis without realizing that even some of the most important countries are making the same mistakes.  Reckless Hyperinflation According to the U.S. Securities and Exchange Commission (SEC), a Ponzi scheme is an investment fraud that pays existing investors with funds from new investors. To avoid being compared to one,[Read more…]

Binance Pay & Splyt Partner to Support Users in 150 Countries

Users will now have the ability to tap into Splyt’s network of services directly through the Binance app.  Crypto Ride-Sharing Binance Pay and Splyt have partnered up to allow Binance users to access Splyt’s ride-hailing service directly from within the Binance app.  Announced via the Binance blog on June 15, users of the cryptocurrency exchange[Read more…]

PancakeSwap (CAKE) Soars 10% After Binance’s Strategic Investment

The world’s largest crypto exchange Binance on Monday said its venture arm Binance Labs has made a strategic investment in PancakeSwap’s governance and utility token CAKE. Binance Labs envisions leading the next wave of global blockchain adoption by providing technology development, marketing and community support, and Web3 solutions. As a result of Binance Labs’ investment,[Read more…]

Voice AMA with O3 Labs recap

Voice AMA with O3 Labs AMA with O3 Labs O3 Swap’s version 2, officially named ‘O3 Interchange’, will be a cross-chain DEX like no other in that it provides services aside from bridging the same token across different chains, but rather swaps heterogeneous or different digital assets too. In addition to aggregating DEXs on the source[Read more…]

Ethereum (ETH) Hammered Down To $950 As Crypto Selloff Deepens

Ethereum (ETH) has fallen below $1,000 for the first time in more than a year as the broader crypto market continues to slide south with no quick remedy in sight, or at least not yet. Ether (ETH) was one of the cryptocurrencies that performed particularly poorly, falling 7.32 percent over the past day to follow[Read more…]

Crypto.com Releases Standalone Wallet Extension

Users can now access their wallets and use different features directly from their desktops. Decentralized Access Crypto.com upgraded its wallet extension enabling users to access Decentralized Applications (DApps) directly on their desktop browser.  Announced via their product news page on June 17, the Standalone Wallet extension will allow users to access their favorite DApps without[Read more…]

Project EXO Set to Launch EXO Pets NFT Collection

The protocol will unleash its second NFT collection on BNB Chain towards the end of June.  Unique Hand-drawn NFTs After selling out its first Non-fungible Token (NFT) collection—EXO Warriors–on BNB Chain, Project EXO is set to launch another unique collection in the NFT space. The protocol prepares to unveil its newest creation, EXO Pets.  Like[Read more…]

Cube Announces New Vision and Tokenomics

Cube’s vision and roadmap for the near future are highly ambitious that include the launch of a new blockchain network altogether called the CUBE chain. New Features to Enter the Cube Ecosystem The metaverse platform, Cube, took another step in its journey to become a one-stop MetaFi ecosystem on the BNB Chain. The protocol revealed[Read more…]

loomberg expands terminal data offering with 40 new cryptocurrencies

Bloomberg announced on Thursday that it has expanded its data coverage on the Bloomberg Terminal, which will now include 50 cryptocurrencies.  Users of its professional terminal will be able to see data on bitcoin (BTC), ether (ETH), binance coin (BNB) and solana (SOL), among others, according to the announcement. This will enable clients to access[Read more…]

Wombat Exchange Faces Launch Delays — Reassures Community

Amidst the delay in its full launch, Wombat Exchange has experienced significant development on BNB Chain.  Wombat Delays Full Launch  Multi-chain stableswap platform on BNB Chain, Wombat Exchange, announced that its Full launch, Stableswap 2.0, and Initial DEX Offering (IDO) would ensue this June. However, the protocol’s Decentralized Application (dApp) is still in the Beta[Read more…]