Cred Protocol unveils its first decentralized credit scores
Releasing the results of its first credit score on the Aave Protocol, a decentralized credit scoring mechanism called Cred Protocol...
Altcoin News
DeFi market fell off cliff in Q2 but users haven’t given up hope: Report
While on-chain activity slowed down, the DeFi industry has managed to retain most of its daily active users. Despite the...
Nifty News: Old Navy’s BAYC shirts, expensive whisky NFTs, Sandbox publishing
A bottle of very expensive whisky is being auctioned off with an NFT to authenticate true ownership of it, along...
Indian blockchain firm 5ire secures $100M to fund sustainability-focused project
An Indian development firm looks to create a bridge between sustainability and blockchain technology with a proprietary layer-1 protocol incentivizing...
BTC mining costs reach 10-month lows as miners use more efficient rigs
It now costs less to mine a single Bitcoin which could help to reverse the falling profitability trend while lowering...
34% of gamers want to use crypto in the Metaverse, despite the backlash
According to Globant, 34% of gamers are interested in conducting crypto transactions in the Metaverse, while 16% have purchased NFTs...
Celsius bankruptcy filings show a company in deep trouble
The bankrupt CeFi crypto lender is about $1.2 billion in deficit, with the majority of its liabilities being customer deposits...
Celo network back online after almost 24-hour outage
It was the first time the Celo mainnet had gone down in more than two years. Proof-of-stake-based blockchain Celo has...
UNI, MATIC and AAVE surge after Bitcoin price bounces back above $20K
Bitcoin, Uniswap, Polygon and Aave turned green just a day after the highest CPI print in over 40 years. Crypto...
Ankr Network’s 2.0 upgrade aims to improve Web3 decentralization
Ankr is one of the largest remote procedure call (RPC) endpoint providers in the crypto space, which are critical for...
Crypto markets need to hit ‘total panic’ before revival: Kevin O’Leary
The millionaire investor thinks that the market bottom will be marked by “total panic,” at which point weak companies with...
OpenSea lays off 20% of its staff, citing ‘crypto winter’
The bear market in Bitcoin and altcoins has had a negative impact on staffing levels at major crypto companies, including...
CleanSpark scoops up 1K+ mining rigs at ‘substantially discounted price’
“We are seeing unprecedented opportunities in this market,” said CleanSpark president and CEO Zach Bradford. Crypto mining firm CleanSpark announced...
Circle discloses full breakdown of $55.7B USDC reserves
As of June 30, about 75.6% of Circle’s reserves were held in U.S. Treasuries and 24.4% were held in cash...
3 reasons why Polygon (MATIC) is up 100%+ during a bear market
Steady adoption and internal growth back MATIC’s 118% gain, even as most altcoins struggle to hold on to their short-term...
