Monthly Archives: August 2022

Redlight Finance Launches New Blockchain Gasless Solutions through $REDLC

With $REDLC as its governance token, Redlight Finance is revolutionizing the EVM-compatible Blockchain world through gasless solutions. Introducing Redlight Chain Redlight Finance, a technology company that provides a full crypto technology platform, is introducing Redlight Chain, a Layer 1 EVM-compatible Blockchain with new functionalities. Redlight Chain is centered on solving the Blockchain trilemma of scalability,[Read more…]

Chainlink Weekly Roundup: Floki, Iron Bank, Zeus Finance and Kyber

Chainlink hits $23 billion in Total Value Secured amid a hectic week of exciting integrations. A Multi-Chain Expedition Chainlink continues its mission to integrate new protocols across the blockchain universe. The industry standard and chain-agnostic oracle network expanded its services on Arbitrum, Avalanche, BNB Chain, Ethereum, Optimism, and Polygon. In this week’s roundup: Floki integrates Chainlink Keepers and Price Feeds. Zeus Finance integrates Chainlink Keepers, Price Feeds,[Read more…]

Tether Brings on Top 5 Accounting Firm to Report on USDT Reserves

New attestation report from BDO Italia states Tether’s assets of $66.4B exceed its liabilities of $66.2B. BDO Italia Comes on Board The world’s largest stablecoin issuer, Tether, has partnered with BDO Italia, the Italian branch of the world’s fifth largest accounting firm, to assist the company by issuing reports on financial backing for USDT stablecoin reserves. The[Read more…]

BNB Chain Weekly Recap Week 33 (11/8 – 17/8)

BNB Chain is moving forward daily, and we hope you guys do not miss any news in the last 7 days. Here is your BNB Chain Weekly recap. TL;DR Highlight On-chain Data BNB Chain – The Benefits of BNB Liquid Staking BNB Chain’s Web3 Stars Accelerator is Coming to Vietnam DappBay’s Red Alarm Feature Flags[Read more…]

MDB Launches Xenia to Impressive Results

With a 400% uptrend during the bear market, the launch of the Xenia dApp has been quite successful. Bear Market Woes There has been a degree of uncertainty within the cryptocurrency realm as of late, with the current bear market seeing Bitcoin tumble from over $68,000 in November 2021 to lows below $20,000 this summer.[Read more…]

DG Pals Gears Up for Season 0

Players need to register a team of five pets in order to participate in Season 0. PvP Begins DG Pals, a PlayAndEarn blockchain gaming project on the Cronos network, has launched season 0 of their PvP gameplay. A Tweet on Aug. 16 informed community members who were interested to join to register their team before the season starts. Registration[Read more…]

Piston Token: DeFi Racing with Long-Term Passive Income

Through its deflationary token model, the project aims to bring sustainable passive income for holders. PSTN Apeswap Farm and Pool to Go Live In view of expanding the ecosystem, Piston Token has announced a partnership with Apeswap, which will see the BUSD-PSTN farm and Banana staking pool for PSTN go live on Apeswap on August[Read more…]

BNB Chain Launches DappBay Platform

BNB Chain, the world’s largest smart contract blockchain in terms of transaction volume and daily active users today announced the launch of DappBay, a dApp hub on the BNB Chain ecosystem. DappBay features an easy-to-use contract risk scanning tool, Red Alarm, which identifies potential high risk projects to help users protect their investments from potential rug pulls and scams. Red Alarm uses BNB Chain’s[Read more…]

Drip Protocol Prepares to Launch Animal Farm v2

The Animal Farm v2 offers more ways to earn dividends with $DOGS and $PIGS and reduces tax based on user loyalty. More Returns for Users Drip Network will release Animal Farm v2, which promises more dividends and lower taxes than the earlier version. How low those taxes are, however, depends on a user’s loyalty. BSC News had[Read more…]

Axie Infinity’s Ronin Bridge Increases Validator Count to 17

Sky Mavis: “The current network requires 70% of the current validators to approve a proposal.” More Validators = More Security Sky Mavis, the development company behind the popular Play to Earn game Axie Infinity and the Ronin bridge, said it had increased the number of validators on Ronin to 17. The three entities that will take on this role are Efficient[Read more…]