DeFi
Technology
Alchemix integrates with Chainlink to make DeFi loans a ‘set and forget’ thing
Alchemix can now become set-and-forget by using Chainlink Keepers, meaning a user can take out a DeFi loan, earn DeFi yield, and pay the DeFi loan back over time with their yield without any manual input.
NFTs
Philadelphia 76ers to launch NFTs after signing on Crypto.com as sponsors
The crypto business has signed on several sponsorship deals this year as it looks to bolster its popularity among the general masses.
Bitcoiner Peter McCormack discusses the ‘problem with ETH’ and why he doesn’t bother with ‘shitcoins’
In the second part of McCormack’s podcast with Alex Fazel of crypto edutainment channel Cryptonites, the Bitcoiner discusses Ethereum, altcoins, and keeping one’s wealth in Bitcoin.
Adoption
NFT Artist pplpleasr and Fortune donate 214 ETH for new Ethereum-powered philanthropic fund
This fund will serve the public interest, further accountability, and transparency through journalism, and contribute to critical thinking and well-informed debate.
Investments
New Solana DEX Orca raises $18 million from Coinbase, Three Arrows, and others
Orca raised $18 million in a recent Series A funding round to develop user-friendly AMM for the Solana ecosystem.
Investments
El Salvador buys 150 more Bitcoin as BTC falls to $45,000
The nation recently legalized Bitcoin as legal tender and is buying as much of the asset as possible.
Analysis
Solana, XRP, Cardano lead losses as 91% of all crypto ‘longs’ liquidated
The market saw a sudden drop this morning leading to millions of dollars in ‘liquidations.’
Trading
Shiba Inu coin (SHIB) pumps and sees $2 billion traded after Coinbase listing
The memecoin ‘mooned’ big after Coinbase announced an almost historic listing of SHIB on its exchange.
Analysis
Avalanche (AVAX) bumps to near $70 after reveal of $230 million fundraise
The high-speed blockchain is now valued at $14 billion on the back of ‘bridge szn.’
Partnerships
Crypto.com inks multimillion crypto and NFT deal with esports giant FNATIC
The partnership is Crypto.com’s first-ever in esports and adds to the company’s rapidly expanding portfolio of partners.
Technology
DeFi comes to Cardano (ADA) as EMURGO announces ‘Astarter’
The joint venture combines EMURGO’s technical expertise and deep understanding of Cardano as one of its founding entities with Blockchain4A’s experiences in developing DeFi technical infrastructure.
People
Successful Demo Day at Sanctor Turbo sees Solana, DeFi, and NFTs come under focus
Following the Demo Day presentations were three panels that brought together the leading projects, developers, and problem-solvers in the crypto industry to discuss trending topics.