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The Web3 analytics platform Dune Analytics has announced it has closed a $69.4 million Series B fundraise led by Coatue. The firm’s latest fundraise follows the company’s Series A last August when Dune Analytics raised $8 million. With the Series A and B combined, the firm has been propelled to unicorn status with a post-money … Read more
One of the largest decentralized exchange (dex) platforms in terms of trade volume, Uniswap, has announced that the dex community has approved a governance proposal to support the Polygon blockchain. Uniswap to Support Polygon PoS Blockchain In terms of trade volume, statistics show that Uniswap version three (v3) commands the largest 24-hour trade volume with … Read more
Decentralized finance (defi) protocols continue to shine as the total value locked in defi is over $260 billion. While Ethereum started the defi trend and holds the lion’s share of TVL in defi, a great number of decentralized applications (dapps) are supporting a slew of alternative blockchains. Today’s Most Popular Dapps Support More Than One … Read more
Hop plans to roll out support for additional crypto assets and layer-two networks in the coming weeks. Go to Source Powered by WPeMatico
Players can now earn xDAI by broadcasting planet locations in the space strategy game. Go to Source Powered by WPeMatico
PRESS RELEASE. Toronto, Ontario, Canada, March 19th 2021 – Affinity Design – Rarify Apps just launched a new deFi application only possible on layer 2 tech. After only a week since the claiming app debut, the price of Rare Coin soared well over 1000 USD on the Honeyswap DEX after the app garnered over 3 … Read more
Chainlink is rolling out support for xDai, a layer-two sidechain whose perceived centralization hasn’t stopped major DApp players. Go to Source Powered by WPeMatico
PRESS RELEASE. In response to rising gas prices during the last weeks, DMEX has moved its trade processing to xDAI sidechain that allows for much cheaper transaction recording. Customer funds are still stored on an Ethereum smart contract, the trade recording, however, is now performed on xDAI. This change allows users to place orders as … Read more
Despite executing 179,000 transactions during its first month of operation, the xDai-powered Perpetual Protocol spent just $183 on gas fees. Go to Source Powered by WPeMatico
In the cryptocurrency world, convenience often trumps everything else. While Bitcoin Lightning Network has tremendous potential, seemingly similar solutions already exist today. Burner Wallet is a very peculiar example, as it allows users to transfer funds via any web browser on any device. A convenient solution which has a ton of future potential. Burner Wallet … Read more
