BRIDGE

UniLend lists on AscendEX

AscendEX is excited to announce the UniLend token (UFT) listing under the trading pair UFT/USDT on Oct. 18 at 1 p.m. UTC. UniLend is a comprehensive permissionless DeFi protocol that combines both spot trading services and lending and borrowing functionality within the same platform. The interest rates and collateralization ratio are based on supply, demand, and community governance, whereas borrowing limits are decided by liquidity in the trading pairs. Unlike other DeFi protocols, which only support a limited number of assets, UniLend allows for any asset to list on its

Greenheart Token Closes Four Consecutive Pools

The Greenheart CBD Staking Program opened on June 7, 2021 and closed swiftly after reaching its target. To the same high demand, two more pools opened soon after and also closed early. Sponsored Sponsored The fourth pool closed recently—signifying a total of four (4) successfully closed pools for the first-ever CBD DeFi token on the blockchain network—the Greenheart CBD Token. Greenheart CBD Limited is innovating to improve the CBD (cannabidiol) production process through DeFi Blockchain and AI (Artificial Intelligence). Sponsored Sponsored After the close of three of its four staking

What to hope for if a Bitcoin ETF is a go

The cryptocurrency and DeFi sector is still young, with much of the industry still waiting on regulatory clarity and guidance. In fact, this is a subject many proponents have commented on as well. WisdomTree CEO Jonathan Steinberg is the latest to do so, with the exec stressing on the requirements for “right regulations” in the sector in a recent interview. He said, “Some level of regulation necessary to mainstream this” While he is optimistic about the progress the industry is making with global regulators, the lack of one in the

Terra to Apply Columbus 5 Mainnet Migration

Terra, a top 15-ranked cryptocurrency by market capitalization, is planning to apply the Columbus 5 upgrade to its mainnet today. If everything goes according to plan, this new update will bring improvements to allow the Terra network to keep expanding. Columbus 5 will change how the network mints UST (terrausd), the main stablecoin of the blockchain, and will also bring integration with other chains, and faster transactions. Columbus 5 to Go Live Today Terra, a smart contract-enabled cryptocurrency chain, is prepared to apply the new Columbus 5 mainnet upgrade today.

Switzerland national postal service to debut crypto stamp on Polygon

The national postal service of Switzerland is working to bridge the gap between physical stamps and the digital cryptocurrency industry by introducing tradable digital stamps.On Sept. 20, the Swiss Post officially announced the upcoming launch of the “Swiss crypto stamp,” a digital collectible linked to a physical stamp issued by the postal service worth 8.9 Swiss francs.The Swiss crypto stamp will provide a digital representation for a physical stamp and will be stored on a blockchain. “Each design forms a nonfungible token and is stored in the Polygon Blockchain,” a spokesperson

Visa develops interoperability concept for central bank digital currency payments

Payments giant Visa has taken a step toward achieving its vision for central bank digital currencies (CBDCs). It has developed a concept that shows how various CBDCs can be interoperable with each other to make payments.The concept, called "Universal Payments Channel" (UPC), outlines how various blockchain networks can be interconnected to allow the transfer of CBDCs. It shows how Visa can help exchange various CBDCs built on different blockchains in the future. "This is a much longer-term future thinking concept around a way that Visa could potentially help become a

Every Ethereum NFT can now be on Solana with Wormhole’s new ETH-SOL bridge

Ethereum competitor Solana kicks off ‘hackathon’ with $1 million in prizesThe Solana Foundation, a non-profit organization dedicated to supporting and growing the high-speed blockchain today announced it will be launching a global hackathon focused on Web3, DeFi, and NFT solutions. 2 min read → Source: https://cryptoslate.com/every-ethereum-nft-can-now-be-on-solana-with-wormholes-new-eth-sol-bridge/

e-Money and Osmosis Team Up to Make eEUR the First Stablecoin to Be Listed on Osmosis AMM Decentralised Exchange

Most active DeFi participants have probably heard about Osmosis by now. The Cosmos Hub-based AMM platform has skyrocketed to over $500 million in Total Value Locked and built a global community of passionate supporters. Now, Osmosis is advancing to its next milestone by partnering with e-Money, a popular blockchain-based payment platform, to introduce eEUR as the first stablecoin to be listed on the project’s AMM decentralized exchange (DEX). This marks an important step in helping onboard the next wave of DeFi users that might be waiting to participate with a

Wormhole NFT bridge allows users to transfer assets on different blockchains

A new service called Wormhole NFT Bridge connects Ethereum and Solana to let users transfer assets between these competing blockchains.  This service, in technical terms, is called a “bi-directional bridge” that can send assets and make them compatible with other blockchain platforms.  This is how it works: When someone wants to transfer a Solana NFT to Ethereum to sell it on OpenSea, the service would first lock the original NFT within the Wormhole smart contract.  A smart contract is a technology that runs behind decentralized apps, DeFi protocols, and NFTs

Knit Finance and Kyber Network Team Up for Liquidity Solutions

DeFi News Knit Finance and Kyber Network are teaming up for a strategic collab. The collab will create market options and boost liquidity for both platforms’ assets. Both networks’ assets will also be able to operate on multi-chain. Decentralized Protocol Knit Finance is teaming up with Kyber Network, a liquidity hub, for a strategic partnership. This collaboration will see the latter’s native token integrated into the Knit Finance multi-chain platform. Moreover, the partnership will create market options and boost liquidity for both assets. Knit Finance will also add liquidity for

Top-10 Aspiring Altcoins to Watch in September

This article will take a look at ten cryptocurrencies that have interesting developments lined up for the month of September, which could also have a positive effect on their price.Sponsored Sponsored Cardano (ADA) Current Price: $3.03Market Cap: $91 BillionMarket Cap Rank: #3 Cardano was founded in 2017 by Charles Hoskinson, who is also a co-founder of Ethereum (ETH). It is a proof-of-stake platform, whose native token is ADA. It is one of the biggest blockchain platforms to utilize the proof-of-stake instead of the proof-of-work consensus. The Alonzo testnet was launched