Berachain announces $632M BERA airdrop and mainnet launch

Compound, the Decentralized Finance protocol, reached the $1 billion dollar mark in funds borrowed from its protocol on June 13, with its top three markets being the DAI and USDC stablecoins followed by Ether (ETH).Currently, MakerDAO’s DAI takes the lead with 79.88% of value borrowed from its protocol. Stablecoins seem to be popular in Compound…

Peer-to-peer Bitcoin (BTC) trading has surged in Venezuela after shutting banks amid a nationwide quarantine to fight the spread of coronavirus.On March 17, Venezuelan President Nicolas Maduro brought a country-wide quarantine to slow the spread of COVID-19. With only 33 cases of coronavirus confirmed so far, the administration hopes that the emergency measures will prevent…

Projects that raised millions in the ICO era have struggled to gain traction.

Active addresses did not mimic previous successful price breakout this month, one analyst says, while seemingly realized price returns as resistance. 363 Total views 10 Total shares Bitcoin (BTC) is staging a repeat of price action from May with its latest drop, the latest data shows.As the dust settles on a 6% comedown for BTC/USD,…

Filling multiple needs within the cryptocurrency community is one way a project can set itself apart from the competition and new attract users and liquidity to its ecosystem. Loopring aims to do exactly this by aiming to offer a EVM-based solution with low fees where DeFi and NFT developers and investors can transact. The layer-two (L2)…

The online games and virtual world creator has snapped up 1,717 Bitcoin for $58,226 each as it believes the cryptocurrency offers “long-term stability and liquidity.” 1788 Total views 25 Total shares Major Japanese game developer Nexon has become the latest publicly-listed firm to make a significant investment into Bitcoin.On April 28, Nexon announced it had…

Update April 4, 10:40 am UTC: This article has been updated to insert comments from Bitlayer co-founder Kevin He. More than $21 million worth of Bitcoin was unstaked from the Babylon protocol in the 24 hours after the platform’s token airdrop, according to blockchain data shared by a developer. On April 4, Bitfeed developer Mononaut

The adoption of digital assets in traditional legacy systems is moving fast. In the middle of the year, the digital asset custody industry saw welcome developments when the Office of the Comptroller of the Currency officially announced that all nationally chartered banks in the United States can provide custody services for cryptocurrencies.The move, while positive…

The Tezos Foundation has issued grants to projects submitted in response to its latest request for proposals.Per a Sept. 10 announcement, the foundation has released 14 new grants to projects targeting the advancement of the Tezos project. Recipient projects prioritized developments such as applications built using Tezos smart contracts, Tezos block explorers, tools for smart…