Tag: dafi protocol

Jul 17 2021

Top‌ ‌Crypto‌ ‌News:‌ ‌07/17

After making a daily low of $31,217, Bitcoin is now trading at $31,754.81. Moreover, Bitcoin is testing the key support area of $31,000 for the past two days. If the BTC price slips below $30,000, then BTC/USDT pair could slump to $28,000 and $27,000 range. Meanwhile, the second-largest cryptocurrency, Ethereum, is trading close to $1,891. Let’s explore some interesting crypto news in detail...

Top Crypto News: 07/17

After making a daily low of $31,217, Bitcoin is now trading at $31,754.81. Moreover, Bitcoin is testing the key support area of $31,000 for the past two days. If the BTC price slips below $30,000, then BTC/USDT pair could slump to $28,000 and $27,000 range. Meanwhile, the second-largest cryptocurrency, Ethereum, is trading close to $1,891. Let’s explore some interesting crypto news in detail...

Top‌ ‌Crypto‌ ‌News:‌ ‌07/16

Today Bitcoin made a new daily low of $31,164 and is now trading at $31,374. Meanwhile, the second-largest cryptocurrency, Ethereum, is trading close to $1,875. Let’s examine some interesting crypto news in detail for today....

Jul 15 2021

DAFI Protocol to Commence Buyback After ChainSwap Bridge Hack

The crypto space has suffered greatly from nefarious individuals looking to exploit crypto investors and exchanges alike. The ChainSwap bridge is the most recent victim of a coordinated hack, resulting in the sale of about $200,000 in DAFI tokens. In response to the hack, DAFI Protocol asked its community members to immediately withdraw their liquidity from Uniswap and the LP program. The...

Jul 14 2021

Top‌ ‌Crypto‌ ‌News:‌ ‌07/14

Today, Bitcoin underwent a sharp correction, but after a quick rebound, it is trading at $32,956. Meanwhile, the second-largest cryptocurrency, Ethereum, is trading close to $2,004. Let’s find out some interesting crypto news in detail....

Jul 12 2021

DAFI Protocol Super Staking Live on Ethereum

DAFI Protocol officially launches its Super Staking on the Ethereum (ETH) blockchain. This launch follows months of hard work and commitment by DAFI Protocol team members. It is important to note that DAFI Protocol first launched its Super Staking on June 30, 2021. Therefore, making it possible for users to enjoy incentives on...

DAFI Protocol Suffers Exploit – Loses $200,000

Decentralized finance (DeFi) protocol, DAFI, has suffered an exploit leading to the loss of $200,000 of its native token (DAFI). DAFI Protocol, via its official Twitter handle, disclosed the exploitation of its ChainSwap Bridge by unknown hackers. As a result of the hack, $200,000 DAFI was stolen, and the token has slumped by 22.8% in the last 24 hours....

Jul 02 2021

Top Crypto News: 07/02

Bitcoin is still struggling to sustain the support of $33,500 and is trading at $33,561. Meanwhile, the second-largest cryptocurrency, Ethereum, is trading close to $2,113. Let’s review some interesting crypto news for today. 1- Ethereum Approaching a Major Staking Milestone Amid EIP-1559 Upgrade The second-largest cryptocurrency,...

DAFI Protocol Super Staking Goes Live

The next generation of staking is here as the DAFI Protocol Super Staking project goes live. Based on reports, DAFI protocol revealed that much work, dedication, and months upon months were spent before the project went live. The coming of the new staking initiative will give users the opportunity to maximize incentives as dDAFI rewards. This would be accessible on many...

Jun 30 2021

Network Adoption Protocol DAFI Launches Super Staking

Decentralized finance protocol, DAFI, has unveiled its tokenomics model and yield farming incentives which it calls “Super Staking”. The network adoption rewards protocol has announced that its super staking incentive has gone live on June 30, 2021. New documentation accompanies the launch with the aim of familiarizing users with the protocol’s token economy. It explained that DAFI creates “limitless applications with reduced...

Jun 26 2021

Top Crypto News: 06/26

There are significant developments in the crypto space today. Bitcoin price has declined 4.1% and is trading at $31,376.63. Ethereum is also down 3.5% over the last 24 hours and is trading at $1,770.86. Let’s take a look at some of today’s top crypto news. 1 – Theta Network Completes Final Step in Launching Theta Mainnet 3.0...

Jun 11 2021

Top Crypto News: 6/10

The crypto space saw some interesting developments today. Currently, Bitcoin is down 1.7% and is trading at $36,633. Meanwhile, the world's number two cryptocurrency, Ethereum, is down 5.2% over the last 24 hours and is trading at $...

Jun 07 2021

Top 10 DeFi Updates | June Week 1

Decentralized Finance (DeFi) is making waves all over the globe. This fast- rising aspect of the blockchain and cryptocurrency space have in recent time experienced an unprecedented surge in awareness and adoption. To keep our readers informed, we have compiled 10 of the top DeFi updates that took place last week. Top DeFi updates include the ongoing MakersPlace NFT Pixel Project and...

Jun 06 2021

Top Crypto News: 06/05

Bitcoin price is down by 6% in the last 24 hours. The "King Crypto" is also trading at $35,582. In fact, all of the top ten coins are down today, with Ethereum down by 5.7% and Cardano by 6.3%. Let’s find out some interesting crypto news for today....

Jun 05 2021

DAFI Protocol and Chainlink Partner to Tackle Hyperinflation

DAFI Protocol has partnered Chainlink, in its continuous bid to combat hyperinflation, one of the biggest challenges in the blockchain industry. DAFI Protocol disclosed the new partnership via an official blog post. Noting that the collaboration will focus on reducing inflation while increasing staking rewards. A fantastic article by...

Jun 03 2021

DAFI Protocol Launches Liquidity Rewards Program

Liquidity providers (LPs) on DAFI Protocol can now earn liquidity rewards as the platform commences its Liquidity Rewards Program. DAFI Protocol is well- known for its focus on reinventing the decentralized finance (DeFi) space and how rewards are computed and distributed. Interestingly, the DeFi platform on May 31, 2021, launched its liquidity rewards program on Uniswap. Thanks to the launch, liquidity providers for the...

May 31 2021

Top DeFi Updates | May Week 4

The decentralized finance (DeFi) space has continued to attract the attention of top players, investors, and enthusiasts. To keep users informed, Altcoin Buzz has published some of the top DeFi updates that took place in the blockchain and crypto space last week. These top DeFi updates range from strategic partnerships, important updates, project launches, etc. Among these top DeFi updates is Crypto.com's strategic...

May 29 2021

Top Crypto News: 05/29

After making a daily high of $37,389, Bitcoin underwent a correction and is trading at $34,852. Notably, if the BTC/USDT pair plummets below $34,000 then it could lead to critical support at $30,000 & $28,000. Meanwhile, the second- largest cryptocurrency, Ethereum is trading close to $2,399. Let’s find out some interesting crypto news for today....

May 22 2021

DAFI Protocol Taps Polygon to Combat Hyperinflation

DAFI protocol has announced a partnership with Polygon (formerly Matic Network) in a bid to combat hyperinflation - one of the biggest issues for Proof-of-Stake blockchain platforms - as well as increase the adoption of blockchain networks. DAFI Protocol, the project incubated by the Royal Bank of Scotland disclosed the...

May 19 2021

Top Crypto News: 05/19

The crypto market witnessed an unbelievable correction today. However, on the positive side, some noteworthy partnerships were fostered. At the time of publication, Bitcoin, the king of crypto, is trading close to $39k. The entire market is in a state of complete fear as the 24-hour low of $30k was recorded. Let us look at some positive crypto news to...

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