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At launch, the chain will be home to a handful of decentralized finance (DeFi) mainstays and forks. A Rari Capital fork and a Uniswap fork were advertised in a press release, and Küllmer also mentioned Balancer fork, a CryptoPunks fork, a lending platform and an Olympus fork, many of which
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2021 was a roller coaster of a year for THORChain (RUNE), which saw its price top out at $20.31 only to come crashing down below $4 as a series of hacks and declining interest in decentralized finance had the token limping into 2022.Data suggests that investors could be taking a
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StarkNet, the layer-2 (L2) scaling solution established by Ethereum protocol StarkWare, announced that the first few decentralized apps, or DApps, built on the platform have been deployed since it launched on the Ethereum Mainnet in November. Now that the StarkWare team has developed all of the infrastructure needed for DApps to deploy,
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The Axelar Network has announced the completion of a $35 million Series B funding round, pushing its market value above $1 billion. Participants of the round include Dragonfly Capital, Polychain Capital and North Island Ventures, among others.The raise succeeds a previously undisclosed round led by the head of Crypto.com Capital,
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Umee raised $32 million from community members who piled into the chain-hopping network’s UMEE token ahead of mainnet launch, slated for mid-February 2022.Umee set a CoinList record with 922,000 wallet registrations, though only 64,000 ultimately bought, CoinList Head of Sales Mike Zajko told CoinDesk.The flexible decentralized finance (DeFi) base layer,
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Here’s how it works: Users submit their URLs or files to PolySwarm to check for malicious code that could be embedded within such files. An automated engine then runs a search against several other “safe” codes, following which the user-submitted file is either deemed malicious or safe. Transactions for this
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The cryptocurrency market is back in high spirits on Dec. 7 after the wider market bounced back from the Dec. 3 downturn in Bitcoin (BTC) price. Currently, bulls are aiming to send the price of BTC above the $52,000 support/resistance level and Ether (ETH) is trying to reclaim $4,400 but both assets
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Cronos has announced the launch of its mainnet beta in a bid to facilitate greater interoperability between the Cosmos and Ethereum Virtual Machine (EVM) ecosystems.The release will enable developers to port decentralized applications and smart contracts from Ethereum and EMV-compatible chains to the Cronos network at a low cost and
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Public blockchain platform Nervos Network has announced the mainnet beta launch of Godwoken.The layer-two blockchain protocol integrates Ethereum Virtual Machine capabilities and optimistic rollup mechanics to provide instant transaction finality and low fees within an Ethereum-like environment. Built upon the existing Nervos layer-one network, the multichain solution seeks to capitalize on
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Bluzelle, a decentralized storage network, has announced the release of its mainnet R2 file storage system designed to enhance the decentralization of nonfungible tokens (NFT) and their corresponding data.The solution was created amid the rise in concerns around the lack of immutability on the InterPlanetary File System (IPFS) protocol, a
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