A naukri.com initiative
DeFi News
Medium
1M
4
Image Credit: Medium
Secure Password Management with Pubky
- Pubky Password Manager is a decentralized alternative to traditional password managers.
- It allows users to store their passwords on their own home-server, giving them complete control.
- The app demonstrates the potential of the Pubky protocol beyond its initial use cases.
- By using Pubky for password management, users enhance security and privacy without sacrificing convenience.
Read Full Article
Like
TechBullion
1M
233
Image Credit: TechBullion
QuickSwap Expands to Ethereum Layer 1: Can it Elevate to DeFi’s Elite?
- QuickSwap, a leading decentralized exchange (DEX) on Polygon, recently announced the launch of dual platforms on Ethereum‘s Layer 1 (L1), in a bold yet strategic move to expand its presence and reach a broader audience.
- QuickSwap’s deployment on Ethereum introduces QuickPerps Falkor, a high-performance perpetual exchange, and a Liquidity Hub enabling substantially efficient trading.
- QuickSwap’s expansion to Ethereum L1 is an astute move that positions the platform to attract Ethereum-native users who value security and decentralization.
- The launch of a high-performance perpetual exchange—QuickPerps Falkor, on Ethereum could further enhance QuickSwap’s reputation.
- Fragmented liquidity has long been a problem in DeFi, with trades often affected by high slippage and price inaccuracies. QuickSwap’s Liquidity Hub powered by Orbs Network, seeks to address this by aggregating liquidity from multiple sources, offering users reduced slippage, lower fees, and more competitive pricing.
- Despite the promise, QuickSwap’s Ethereum L1 expansion is not without risks.
- QuickSwap’s multi-chain ambitions highlight a rising trend among DEXs aiming to capture users across diverse ecosystems.
- The Ethereum expansion move is more than a bid to broaden its offerings; it’s a strategic move to bolster its Total Value Locked (TVL) and establish a top position in Web3.
- Similarly, QuickSwap’s governance token, QUICK, has shown steady resilience, reflecting community support and market confidence.
- Yet, the question lingers: does the move toward multi-chain truly enhance the DeFi landscape, or could it lead to more fragmented user bases and liquidity?
Read Full Article
14 Likes
Medium
1M
256
Image Credit: Medium
Liquidity Mining ?
- Liquidity mining is a DeFi technique where users contribute liquidity to decentralised exchanges or protocols in exchange for rewards.
- By adding assets to liquidity pools, users allow others to trade cryptocurrencies without relying on centralized exchanges.
- Liquidity providers receive transaction fees and additional tokens as rewards for their efforts.
- Liquidity mining is crucial for ensuring sufficient liquidity on decentralised exchanges and driving innovation in the financial industry.
Read Full Article
15 Likes
Kotaku
1M
324
Image Credit: Kotaku
Ubisoft Releases Its First Crypto Game With One NFT That Currently Costs $63K
- Ubisoft has released its first blockchain game called Champions Tactics: Grimoria Chronicles.
- The game revolves around collecting and battling with NFT figurines.
- The marketplace currently lists the most expensive collectible NFT at over $63,000.
- Players can grow their champions and sell them on a crypto-backed marketplace.
Read Full Article
19 Likes
Tokenhell
1M
86
dYdX Announces Layoffs a Day After Consensys Sent Home 20% of Its Employees
- dYdX, a decentralized crypto exchange, has laid off 35% of its staff as CEO Antonio Juliano cites the need to restrategize.
- Juliano explains that increased competition and lower revenue made it challenging to sustain the massive payroll.
- dYdX offers futures trading with leverage of up to 25x, which sets it apart from competitors.
- These layoffs at dYdX come a day after Consensys, an Ethereum software firm, announced layoffs of 20% of its employees due to insufficient revenue.
Read Full Article
5 Likes
Bitcoinsensus
1M
270
Image Credit: Bitcoinsensus
dYdX Cuts Workforce by 35% Amid New Development Plans
- Decentralized derivatives exchange dYdX has announced a major restructuring, laying off 35% of its core team.
- The dYdX token remains stable above $1, unaffected by the layoffs.
- Founder Antonio Juliano states that the workforce shift is aligned with a renewed vision for the company.
- dYdX is actively recruiting for engineering and design roles while focusing on future goals.
Read Full Article
16 Likes
Medium
1M
18
Image Credit: Medium
A Revolutionary Dividend Token in the Web3 DeFi Space: XB Token
- XB Token is a dividend-bearing asset in the Web3 DeFi space designed to provide token holders with a steady stream of income through profit-sharing from the ecosystem's revenue.
- The core of XB Token’s utility is its profit-sharing mechanism, designed to reward token holders with a portion of the protocol’s earnings.
- XB Token’s model addresses a growing demand among DeFi participants for passive income opportunities.
- In line with the decentralized ethos of Web3, XB Token empowers its holders to participate in governance decisions.
- To enhance the token’s long-term value, XB Token implements deflationary mechanics.
- XB Token operates on a secure, audited blockchain network with smart contracts designed for transparency.
- XB Token’s dividend structure offers a rare opportunity for individuals worldwide to earn income without the need for traditional employment or centralized intermediaries.
- The dividend structure of XB Token encourages user engagement with the DeFi ecosystem, creating a model where value flows back to the community.
- XB Token challenges traditional models of asset ownership by introducing a framework where holding a digital asset provides both ownership and regular income.
- Through a robust profit-sharing mechanism, decentralized governance, and a commitment to financial inclusion, XB Token has the potential to transform the landscape of Web3 finance.
Read Full Article
1 Like
Bitcoinist
1M
109
Image Credit: Bitcoinist
7 Days To Go: Paxos CEO Pushes Harris And Trump For Clearer Crypto Guidelines
- Paxos CEO Charles Cascarilla urges Harris and Trump for clearer crypto guidelines.
- Cascarilla emphasizes the need for a modern financial infrastructure to replace outdated systems.
- He highlights the importance of stablecoins and regulatory clarity in the payment system.
- Cascarilla calls for bipartisan cooperation to address regulatory issues and maintain US leadership in digital assets.
Read Full Article
6 Likes
Medium
1M
64
Image Credit: Medium
How to get up to $10,000 for DeFi project development? STON.fi grant program.
- STON.fi offers grants up to $10,000 for DeFi project development.
- The grant supports the development of new DeFi platforms or integrating DeFi mechanics into existing projects.
- Grant program participants receive technical support and access to necessary documentation.
- Previous grant recipients include projects like TONTRA, NEST Wallet, and NEXTON.
Read Full Article
3 Likes
Medium
1M
96
Image Credit: Medium
Introducing XBANKING (XB): The First DeFi Dividend Token Revolutionizing Passive Income
- XBANKING (XB) is a unique DeFi token built to generate consistent dividends for its holders.
- XBANKING uses blockchain technology to facilitate secure, transparent, and automated dividend payments.
- Automated Dividend Distribution: XBANKING utilizes smart contract technology to distribute dividends automatically.
- Transparent and Decentralized: All transactions, including dividend distributions, are recorded on the blockchain, making them verifiable and immutable.
- Sustainable Passive Income Model: XBANKING generates dividends from a portion of transaction fees within its ecosystem.
- Community-Driven Governance: XBANKING empowers its community by allowing XB holders to participate in governance decisions.
- Compatibility with DeFi Ecosystems: XBANKING is designed to integrate seamlessly with various DeFi platforms.
- The XBANKING token operates through a unique transaction fee structure.
- Benefits of Holding XBANKING (XB): Consistent Passive Income, Portfolio Diversification, Alignment with DeFi Principles.
- XBANKING’s innovative model has the potential to redefine passive income in DeFi.
Read Full Article
5 Likes
Hackernoon
1M
100
Image Credit: Hackernoon
How Market Makers Navigating the Web3 Landscape With Technical Precision
- Market makers play a crucial role in keeping markets liquid and prices stable in the decentralized world of Web3.
- They use specific metrics like trading volume, order book depth, bid-ask spread, price volatility, and slippage to assess liquidity and trade execution ease.
- Web3's decentralized nature introduces complexity, requiring market makers to integrate new strategies and tools while still focusing on centralized exchanges.
- Market makers face challenges in keeping up with evolving technologies, balancing innovation with security, and understanding smart contracts to mitigate risks.
Read Full Article
6 Likes
Cryptonews
1M
393
Image Credit: Cryptonews
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
- Bitcoin surged above $71,000 as the crypto market pump sees $175m in shorts liquidated. BTC broke out of the key $70,000 resistance with nearly $48bn trading volume. Wild crypto market pump resulted in the liquidation of shorts worth $175mn. Dogecoin spiked 15% owing to Donald Trump’s popularity as ETH added 3.83%, closing above $2,600. Hong Kong firm Animoca took advantage of the renter’s market to expand its headquarter workspace to that of 10 tennis courts. As BIS mulls shutting mBridge, its innovation hub calls the project a public good. Stablecoin on DOGE denominated bets rose by 33% since Sunday, with DOGE bets spiking to $1.3bn.
- Bitcoin saw massive gains in the past 24 hours, breaking out of a key $70,000 resistance.
- Crypto market pump resulted in shorts worth $175mn being liquidated.
- Dogecoin spiked 15% owing to popularity from Donald Trump’s supporters.
- ETH closes above $2,600 and rallies 3.83%.
- Hong Kong firm Animoca expands headquarters workspace while traditional finance firms cut back.
- As BIS mulls shutting mBridge, its innovation hub calls project a public good.
- Stablecoin denominated bets on DOGE rose by 33% as betting spiked to $1.3bn.
- Bitcoin rallies above $71,000, with the U.S. listed spot ETF inflows breaking records.
- Retail-focused Sazmining is starting an Arctic Circle Bitcoin mining operation in a Norwegian village using hydropower to heat the building.
Read Full Article
23 Likes
Medium
1M
311
Image Credit: Medium
Pubky Arcade: Fun turn-based games implementing Pubky protocol for data CRUD
- Pubky Arcade is a collection of fun turn-based games that implement the Pubky protocol for data CRUD.
- The games in Pubky Arcade are built entirely peer-to-peer, without the need for a central server or authority.
- Pubky Arcade includes a reimagined version of Tic Tac Toe and a decentralized adaptation of Battleships.
- The decentralized approach in Pubky Arcade extends to scorekeeping, with plans for a decentralized leaderboard in the future.
Read Full Article
18 Likes
Bitcoinist
1M
54
Image Credit: Bitcoinist
Peter Thiel-Backed Exchange Bitpanda Moves Closer To IPO Anticipating Massive 2024 Profits
- Vienna-based crypto trading platform Bitpanda is considering a potential IPO in Frankfurt, which could value the company at $4 billion or more.
- The company is in discussions with financial institutions like Citigroup and JPMorgan Chase regarding the IPO.
- Bitpanda expects record profits in 2024 after generating €100 million in revenue in Q1 2024.
- The company aims to enhance its offerings by providing Deutsche Bank IBANs for clients in Germany.
Read Full Article
3 Likes
Crypto-News-Flash
1M
247
Image Credit: Crypto-News-Flash
Shiba Inu Launches ShibaSwap 2.0 with DeFi-Friendly Improvements
- ShibaSwap 2.0 introduces concentrated liquidity and multi-hop swaps, improving user control and transaction efficiency on Shibarium.
- Shiba Inu’s ShibaSwap 2.0 enhances transparency with APR tracking and flexible fee tiers, boosting DeFi accessibility for users.
- ShibaSwap 2.0 includes features like concentrated liquidity, simplified staking, and multi-hop swaps to enhance user experience.
- Future plans for ShibaSwap include price notifications, limit orders, a simpler UI, and potential features like smart swap contracts and dollar-cost averaging.
Read Full Article
14 Likes
For uninterrupted reading, download the app