Tuesday, June 22, 2021

Cointelegraph By Andrey Shevchenko

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Tokemak raises $4M from Framework and DeFi investors to build a ‘liquidity reactor’

Fractal, an established trading firm, is pushing to expand into the world of decentralized finance with Tokemak, a project the team refers to as...

Tether launches on Hermez rollup as Ethereum starts falling behind

Tether (USDT) has now launched on Hermez Network, an Ethereum scalability solution based on the zk-rollup concept. Rollups provide a way of batching or...

BlockDown: DeFi institutional adoption is booming but gas fees hinder growth

Panelists at a DeFi-focused talk held at the BlockDown conference on Thursday expressed their optimism at the past and future growth of decentralized finance,...

Chainlink releases new whitepaper in a shift toward smart contract computations

Chainlink (LINK) has unveiled its new whitepaper on Thursday, which details a planned expansion and pivot into creating oracle networks for computation. The proposal...

Client malfunction brings down Ethereum’s most popular block explorer

The OpenEthereum client for Ethereum, formerly known as the Parity client, is reportedly malfunctioning for a number of users on Thursday afternoon UTC, including...

Polkadot and Cosmos connect as Plasm and Secret Network release bridge MVP

Plasm Network and Secret Network, two projects based on Polkadot and Cosmos, respectively, have launched the first iteration of a bridge to connect the...

DeFi tracker Step Finance raises $2M from Solana ecosystem investors

Step Finance, a Solana-native DeFi protocol, announced the completion of a private token sale for $2 million, which will help build and develop its...

Equilibrium raises $2.5M to secure support for Polkadot parachain bid

Equilibrium, a Polkadot-based decentralized finance project and parachain candidate, has raised $2.5 million from a number of venture funds primarily involved in the Polkadot...

Fei Protocol struggles with a bug as holders are mostly unable to sell the token

Wednesday’s crypto market correction put a heavy burden on the FEI project, the latest attempt at creating an algorithmic stablecoin that would remain stable...

Tether’s stablecoin set to land on Polkadot and Kusama

Polkadot and Kusama users will benefit from a direct integration with Tether’s USDT when common good parachains launch. As announced by Tether on Tuesday,...

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