Illuvium hits new highs as interest in NFT-based blockchain gaming skyrockets
Attractive staking options, gameplay teasers and the overall strength of the NFT sector back the massive rally seen in ILV price. Go to Source Powered by WPeMatico
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Metamask Surpasses 10 Million Monthly Active Users, Climbing 1,800% in 12 Months
On Tuesday, the noncustodial digital currency wallet Metamask announced that the platform has surpassed 10 million monthly active users (MAUs). Year-to-date, Metamask has seen 19x growth since July 2020 as MAUs climbed 1,800% in 12 months. Metamask Hits Over 10 Million Monthly Active Users There’s no doubt that Metamask has been a popular Ethereum blockchain … Read more
Ethereum price poised for 40% rally vs. Bitcoin after breaking out of four-month range
The Ethereum blockchain native asset broke its downward sloping resistance trendline to the upside, triggering a textbook bullish outlook. Go to Source Powered by WPeMatico
BitPay wallet integrates 1inch Network DEX aggregator
Decentralized exchange aggregator 1inch has been integrated into the crypto wallet app BitPay, enabling users to access its rates for their crypto swaps. Go to Source Powered by WPeMatico
MetaMask surpasses 10M monthly active users as DeFi continues to surge
Demand for noncustodial wallets continues to surge amid the DeFi and NFT booms. MetaMask has been a primary benefactor, as active monthly users have grown 19-fold in just over a year. Go to Source Powered by WPeMatico
Defi Platform Cream Finance Hacked, $29 Million Lost
Cream finance, a defi borrowing and lending protocol, has been the victim of a hack that erased more than $29 million from its vaults. The attacker took advantage of a loophole in the implementation for adding the amp token to the protocol. This is the second time the platform has been involved in a hack. … Read more
Fantom price gains 100% after launching a 370M FTM incentive program
FTM gained 500% in the past 6 weeks and a newly launched $320 million incentive program could see the rally extend further. Go to Source Powered by WPeMatico
Leading DeFi projects launch $100M global adoption initative
The initiative — built on the Celo ecosystem — identified the lack of inclusivity and accessibility in the traditional financial markets. Go to Source Powered by WPeMatico
BCH Defi Project Detoken to Close Its Doors Over Regulatory Climate Toward Crypto Derivatives
On August 28, the Bitcoin Cash-based decentralized finance (defi) platform Detoken announced the project is closing its doors on September 4, 2021. The project’s founder, Semyon Germanovich, explained that the main reason for shutting the defi project down is because of the “changing regulatory outlook on cryptocurrency derivatives.” Defi Project Detoken to Shut Down Operations … Read more
Cream Finance DeFi platform loses $19M in a flash loan hack
The Cream Finance hacker gained $18.8 million by exploiting a reentrancy bug in the AMP token in a set of 17 transactions. Go to Source Powered by WPeMatico