DeFi News and Updates
Check back for ongoing ecosystem updates
DeFi Updates
dYdX To Deploy Own Blockchain On Cosmos
Pivoting to build an independent blockchain isn’t often done by established DeFi projects. But that’s exactly what’s in the works as derivatives-focused decentralized exchange...
Bundlr Network integrates with zkSync
Bundlr Network have integrated with zkSync to provide their developers fast and easy access to data storage on Arweave, the only decentralized data chain where data is stored...
The Big Unlock is complete. More than 1 million KSM locked for the 1st five winning crowdloans on Kusama was made available to participants. This event coincides with the completion of the Moonriver Crowdloan Rewards distribution.
The Moonbeam Foundation is pleased to share that the Moonriver Crowdloan rewards have been distributed in full. This coincides with the completion of the parachain slot for...
Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain
Wanchain, the global leader for blockchain interoperability solutions, has integrated new bridges that connect respectively Wanchain (WAN) with Moonbeam (GLMR), Moonbeam with...
Coinbase Cloud Works with Acala Foundation to Support Liquid Staking
Coinbase Cloud is pleased to announce support of liquid staking through a collaboration with the Acala Foundation, starting with KSM liquid staking on Karura. Liquid staking...
Moonbuilders Academy is Now Open for Web3 Developers
We’ve just introduced an exciting new resource for our developer community through the opening of Moonbuilders Academy, Moonbeam’s first learning hub and educational platform...
Skynet Labs have been approved for a grant from Web3 Foundation
For the past two years, Skynet Labs has built a decentralized storage and app hosting platform that makes it easy to join the decentralized internet movement. Today, we’re...
SubQuery Launches “The Frontier” Testnet
A testnet, short for test network, is a network used by developers to test code before it is deployed to the main network (or “Mainnet). In SubQuery’s case, the launch of the...
Polkadot Parachains and Venture Funds Team Up to Launch $250 Million ‘aUSD Ecosystem Fund’ to Grow Polkadot’s Native Stablecoin, Acala USD
Acala, along with an initial nine Polkadot parachain teams and several supporting venture funds, has launched the $250 million aUSD Ecosystem Fund to support early-stage...
Decentralized Finance (DeFi) Overview
DeFi (Decentralized Finance) Overview of Centralized Finance To better understand DeFi, we must review the characteristics of centralized finance: A central authority controls...
Optimism establishes a231 million PO fund to produce the ecosystem
Ahead of the a lot anticipated OP token launch occasion, the Optimism undertaking also announced the establishment of an ecosystem advancement fund with a spending budget of...
Optimism Collective is Announced
Describing the Optimism Collective as a “large-scale experiment in digital democratic governance,” the governance body will be composed of communities, companies, and users...
Arbitrum Nitro is ready
A full-featured Nitro devnet built on Ethereum’s Görli testnet is launched. Arbitrum Nitro is the most advanced rollup stack ever built, and it enables massively higher...
Introducing the First Version of StarkNet Bridge: StarkGate Alpha
StarkGate Alpha is released, the first version of StarkNet’s Bridge, now live on Goerli testnet, with Mainnet deployment to follow soon. StarkGate serves as a gateway between...
GameStop NFT Marketplace, powered by Loopring L2
The GameStop NFT Marketplace has taken its first steps to welcome users. And it is built atop Loopring! NFTs are widely becoming a foundational piece for gaming and the coming...
SubQuery Public Sale on TokenSoft
SubQuery Appoints TokenSoft As Launch Partner for The SQT Public Sale SubQuery Network, the leading data indexing solution on Polkadot, is delighted to announce the selection...
DeFi Examples on Ethereum, Tezos, and Algorand
Decentralized Exchanges: This type of exchange refers to an exchange that allows the trading of various digital assets in a peer-to-peer format. This form does not require an...
Introduction to Decentralized Finance
DeFi is an essential component of blockchain-based networks. DeFi is a collective term for financial services/equipment on public peer-to-peer blockchain networks. With DeFi,...
StakerDAO DeFi Ecosystem Update #10
Algorand Highlight AlgoLaunch Announces Details of Genesis NFT Sale Sale Details Number of issued NFTs for this sale: 1,100 NFTs (1,000 for sale, 100 for airdrop) Mint price:...