xDai – DIGIT INFO

Web3 Data Platform Dune Analytics Propels to Unicorn Status After $69.4 Million Fundraise

DIGIT — Thu, 03 Feb 2022 08:30:49 +0000

The Web3 analytics platform Dune Analytics has announced it has closed a $69.4 million Series B fundraise led by Coatue. The firm’s latest fundraise follows the company’s Series A last August when Dune Analytics raised $8 million. With the Series A and B combined, the firm has been propelled to unicorn status with a post-money […]

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Uniswap Community Votes to Deploy v3 on Polygon, Contract Support Coming in a Few Days

DIGIT — Mon, 20 Dec 2021 07:00:01 +0000

One of the largest decentralized exchange (dex) platforms in terms of trade volume, Uniswap, has announced that the dex community has approved a governance proposal to support the Polygon blockchain. Uniswap to Support Polygon PoS Blockchain In terms of trade volume, statistics show that Uniswap version three (v3) commands the largest 24-hour trade volume with […]

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While the Value Locked in Defi Soars, Dozens of Dapps Leverage Cross-Chain Support

DIGIT — Sun, 07 Nov 2021 19:00:44 +0000

Decentralized finance (defi) protocols continue to shine as the total value locked in defi is over $260 billion. While Ethereum started the defi trend and holds the lion’s share of TVL in defi, a great number of decentralized applications (dapps) are supporting a slew of alternative blockchains. Today’s Most Popular Dapps Support More Than One […]

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Hop Protocol launches USDC bridge between Ethereum, Polygon, and xDai

DIGIT — Tue, 13 Jul 2021 04:03:23 +0000

Hop plans to roll out support for additional crypto assets and layer-two networks in the coming weeks.

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Community members integrate play-to-earn features into Dark Forest game

DIGIT — Tue, 01 Jun 2021 02:57:37 +0000

Players can now earn xDAI by broadcasting planet locations in the space strategy game.

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Rare Crypto Faucet and DeFi Apps Launch on xDai Chain

DIGIT — Fri, 19 Mar 2021 19:00:56 +0000

PRESS RELEASE. Toronto, Ontario, Canada, March 19th 2021 – Affinity Design – Rarify Apps just launched a new deFi application only possible on layer 2 tech. After only a week since the claiming app debut, the price of Rare Coin soared well over 1000 USD on the Honeyswap DEX after the app garnered over 3 […]

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A dark horse in the Ethereum scaling wars? Chainlink’s oracles find fertile ground on xDai

DIGIT — Thu, 04 Mar 2021 17:08:11 +0000

Chainlink is rolling out support for xDai, a layer-two sidechain whose perceived centralization hasn’t stopped major DApp players.

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DMEX Integrates xDAI for Cheap Decentralized Perpetual Contracts With up to 100x Leverage and No KYC

DIGIT — Fri, 22 Jan 2021 06:00:55 +0000

PRESS RELEASE. In response to rising gas prices during the last weeks, DMEX has moved its trade processing to xDAI sidechain that allows for much cheaper transaction recording. Customer funds are still stored on an Ethereum smart contract, the trade recording, however, is now performed on xDAI. This change allows users to place orders as […]

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Perpetual Protocol emerges as sixth-largest DEX after just one month

DIGIT — Wed, 20 Jan 2021 06:17:02 +0000

Despite executing 179,000 transactions during its first month of operation, the xDai-powered Perpetual Protocol spent just $183 on gas fees.

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Burner Wallet Illustrates how Frictionless Crypto Transactions can be

DIGIT — Fri, 08 Feb 2019 12:54:27 +0000

In the cryptocurrency world, convenience often trumps everything else. While Bitcoin Lightning Network has tremendous potential, seemingly similar solutions already exist today. Burner Wallet is a very peculiar example, as it allows users to transfer funds via any web browser on any device. A convenient solution which has a ton of future potential. Burner Wallet Does the Job as Advertised Sending money around the world through cryptocurrencies remains a very big problem. It is anything but convenient to both novice and veteran users. As such, without this ease of use, it seems unlikely cryptocurrencies will play a bigger role of

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