The U.S. Commerce Department’s report indicating the world’s biggest economy is in recession struck Wall Street. Inflationary fears dampened interest in cryptocurrencies like Bitcoin and Ethereum. Cryptocurrency markets are divided amid risk aversion.
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Bitcoin (BTC) has been trading between...
Insurance-alternative protocol allows DeFi liquidity providers to hedge their risk in the event of smart contract exploits
CALIFORNIA Oct 19 2021 (Blockchain Wire)
Solace, a risk management insurance protocol for decentralized finance, has launched after eight months in development and four months on the Ethereum Rinkeby and Kovan testnets.
Entirely community-run, Solace offers coverage policies for DeFi protocols...
Polker has launched a countdown timer on their website to the official date of the much-anticipated ‘Testnet’ Game Launch. The timer indicates that the game is going to go live on the 11th of November and you can sign up to be part of this now. Polker is set to be the first fully free-to-play and play-to-earn blockchain NFT game in the space. The game is built on Unreal Engine, so not only does it have the power of the blockchain behind it –...
by Zoe Mende
DeFi protocol expands assets on its cross-chain Narni bridge
USDT can now be migrated cross-chain almost instantly and at minimal cost using Umbria’s Narni Bridge – bridge.umbria.network.
In addition to bridging the stablecoin quickly between the Ethereum Mainnet and Polygon network with extremely low fees, users can lend their USDT to the bridge in a system called pooling and earn APY (a return similar to interest...
El puente Narni de cadena cruzada de Umbria Network está a punto de completarse las pruebas.
Narni permite a los usuarios transferir de forma segura tokens ERC-20 de una red blockchain a otra a bajo costo, rápido y simplemente. Transferir USDT de la red Ethereum a la red Polygon (anteriormente Matic) tomó un promedio de 47 segundos y costó $ 2.80; mover USDT de Polygon a Ethereum tomó un promedio de dos minutos y 12 segundos y costó...