Cross-Chain

Plato Blockchain Announces the Launch of ‘Minting the Future’ Podcast

The global broadcast show was conceived by and will be hosted by award winning producer and on air host Adryenn Ashley. Plato Blockchain is pleased to announce the launch of the “Minting the Future” television show. The global broadcast show will be hosted by Adryenn Ashley, an award winning producer and on air host. Ashley created the show around her upcoming book “Minting the Future,” which is scheduled to be published in the near future. With over 30 years experience in the industry, both in front of and behind the

Terra Proposal Seeks to Expand UST Stablecoin to 5 Different Defi Protocols

On January 6, Terra Research announced a proposal to expand the network’s stablecoin asset terrausd (UST) across a number of different protocols on Polygon, Ethereum, and Solana. Terra’s governance blog post discusses how the proposal to leverage $139 million of UST can bolster “awesome use-cases” in the world of decentralized finance (defi). Terra Research Proposes to Expand Terrausd’s Reach Across 5 Protocols At the time of writing, Terra’s terrausd (UST) stablecoin is the fourth-largest U.S. dollar-pegged token among all the stablecoins in existence. It is also the largest decentralized algorithmic

People leaving Ethereum is ‘just never going to happen,’ says Solana co-founder

2021 saw a significant proportion of developers shifting from Ethereum to rival blockchains. Primarily, because the Ethereum network continued to fight high gas fees and congestion. Well, one network that hugely benefitted from this situation was Solana. Its meteoric rise over 2021 positioned it as one of the main Ethereum-killers. Solana’s native token Sol reached a new all-time high in early November. Furthermore, at the time of writing, the token registered a 10% ROI over the past week. Also, it had a 24-hour trading volume of over $3.6 billion, at

Up by 71%, LUNA makes big gains, but will they sustain over coming days

Terra’s native token LUNA which stands only 2 spots below the top 10 list, became this week’s biggest gainer of the entire top 100 cryptocurrency list. While a lot of aspects factor in for this, the bigger concern only remains in the interest of investors. LUNA in 7 days… The altcoin has been consistently increasing since the end of November, charting an everyday rise of 14% and 15%. This led to the altcoin recovering all of November’s losses while in the process also marking a new all-time high within 3

White Whale: Enabling the UST peg in a decentralized manner

When looking at the Cryptosphere, there are a number of challenges that are immediately present. The maintenance or consistency of the UST (TerraUSD) peg, is one of these challenges. If a stablecoin cannot hold its peg, the entire ecosystem that is built around it can fail. This is not a hypothetical situation, but one that has happened to other algorithmic stable coins, it resulted in the peg being lost and projects dumping to zero. Another issue smaller investors are facing is the “whales”. Whales have been known to manipulate markets,

Pawnfi.com to Launch Liquidity Protocol for Non-Standard Assets

Pawnfi.com has announced the closure of a $3M strategic funding round. The investment round was led by Digital Currency Group (DCG) and also included Animoca Brands, Dapper Labs, Polygon, DeFi Alliance, Hashkey Capital, Everest Venture Group, SNZ, and 6Block. Sponsored Sponsored The first DeFi product of its kind, Pawnfi.com is brand-new in the lending and leasing market. It appraises, liquidates, and provides use cases for non-standard assets (NSAs). Supported NSAs include non-fungible tokens (NFTs), liquidity provider tokens (LP tokens), tokenized rights, minor cryptocurrencies, and bundled assets. With the development of the

[SPONSORED] Kava Network: Powering a Decentralized Future

In our last article on Kava, we covered its origins and explored the suite of high-yield DeFi protocols that make up the Kava Platform. In the second article of our three-part series, we dive deeper into the Kava network and take a look at the ecosystem of best-in-class DeFi, NFT, and GameFi services that are being built on top of it. The Kava Network Originally built to support the Kava Platform, the Kava network is a highly secure and scalable Layer-1 blockchain. Built using the Cosmos SDK, the Kava network is

Acala and Moonbeam Leading Polkadot Parachain Auction with $2.5B TVL

There are two horses extending their leads in the inaugural Polkadot parachain auction and the deadline for the end of bidding is approaching.Sponsored Sponsored The Polkadot network’s highly anticipated parachain auctions kicked off on Nov 11 and two projects are commanding a significant lead over the rest of the pack vying for the slot. With a combined total value locked of more than $2.5 billion worth of DOT pledged, Acala and Moonbeam are close contenders for the victory for the auction ending on Nov 18.Sponsored Sponsored The winning project will

ZooKeeper to Launch ZooGenes On Nov. 14: A New Gaming Generative NFT

ZooKeeper launched the first generation of ZooGenes on November 14, with 10,000 unique NFT characters to be distributed over 3 rounds. Sponsored Sponsored Those who previously held ZOO tokens in their wallets received a Yggdrazil Keepsake and will be given priority during the first 6 hours of the first sales round. ZooGenes: A new gaming generative NFT ZooGenes are ZooKeeper’s gaming-oriented randomly generated NFTs with billions of possible variations. A 3D version of these playable (and tradable) characters can be used in future upcoming ZooKeeper games. Every character will have

Blockpass Completes Integration with Polygon, Enhancing Cross-Chain KYC Offering

HONG KONG, Nov 5, 2021 - (ACN Newswire) - Blockpass is proud to announce its recent integration with Polygon, the interoperability and scalability solution. Blockpass will provide essential KYC services for the Polygon protocol and framework as it is used to build and connect Ethereum-compatible blockchain networks. As part of this integration, the Blockpass Mobile App has already been updated to support Polygon crypto addresses. Polygon has progressed rapidly in its mission to solve major blockchain issues and pain points like high gas fees and slow speeds, without sacrificing on