DeFi News Official TheBitTimes.com

Golff is positioned as a one-stop services encrypted bank, committing to creating a light, open and free financial world where everyone can participate. At this time, they are standing at the starting point of the DeFi explosion, facing the vast future of the DeFi world. Golff Vault is an intelligent income aggregator, based on the DeFi protocol that automatically selects the optimal revenue strategy configuration. It can help investors obtain the best returns in the market with one click, thereby greatly reducing the entry barriers for ordinary investors, while reducing the loss of income caused by information asymmetry. The vault will automatically place the assets in the Golff Vault pool in the DeFi agreement with the highest yield after auditing and screening the contracts of each DeFi platform and standardizing the rate of return. Moreover, when the rate of return in each agreement fluctuates, the Golff Vault agreement will automatically adjust positions and transfer funds. ...

Gravity Finance | CypherD Gravity Finance users can now use CypherD wallet to connect to Gravity Finance dApps directly through the CypherD built-in web browser. Wallet users will also find GFI asset listed in the CypherD wallet natively without having to manually add GFI by contract address. They will also release a new Cross Chain bridge page on Gravity Finance where CypherD bridge is listing alongside other tried and trusted bridges. Try CypherD As part of this new collaboration, CypherD are running a promotional onboarding program and offering various GFI Airdrops for users who try out the CypherD Wallet, Bridge or Debit Card (if you are lucky enough to be based in the USA and allowed to apply) between 13th June and 17 June. Airdrop, Rewards and Eligibility Users who use CypherD products between 13th June 12:00am PST and 17th June 11:59pm PST can apply for the following. Note , to ensure the airdrop cannot be “gamed” there was a snapshot of Polygon Chain Data on 10th June 2...

Now it’s time to gradually migrate the farming pools to Kawaiiverse for a more flexible system and zero gas fee, with the purpose to build a healthier system for the growth of KWT as its governance token. One of the main purposes of building its network is to support users with the implausible cheap network fee in every transaction and smooth interchain interactions. With the launching of the Kawaiiverse subnetwork, users will now be able to have a seamless experience. With its on-chain features, starting with the Kawaii Scan, OraiDEX, and now is the new Kawaii Farming. After throughout consideration of the on-chain data as well as following comments of its community members, taking the chance of moving farming pools to Kawaiiverse, we are updating the APR and farming mechanism for more sustainable growth of KWT . Tokens staking kawaii staking In addition, together with the migration from BSC to Kawaiiverse, Kawaii Islands will implement 4 staking options for its KWT holders. Ki...

Sharing his skepticism towards the government, the conservative businessperson asserts that the “shadow government” in Washington is operating without restraint. According to the entrepreneur, federal courts represent the final defense against the “unlawful rogue actions” of government agencies identified by acronyms. In the situation involving Grayscale, the court’s decision validated this stance. advertisement In his Wednesday Twitter post, Ramaswamy said: “This decision is strong and clears a path to keep Bitcoin and blockchain innovation in the U.S. instead of overseas. But this should have never reached the courts in the first place.” In their lawsuit, Grayscale accused the SEC of approving other Bitcoin products like the future ETFs while having no grounds for rejection for the spot Bitcoin ETFs. US Courts Favoring Bitcoin and Crypto As pointed out by Vivek, recent months have witnessed courts siding with...

SubQuery and Loop first joined forces as SubQuery became the first tool to eliminate the need for developers to build their indexing solution in the Terra ecosystem . Loop leaped at the chance to get a headstart on their data indexing requirements via SubQuery and quickly got building. Following the unfortunate demise of Terra, Loop remained agile. Additionally, set its sights on a new home in the Cosmos universe, Juno. Subquery Support Juno Ecosystem After SubQuery announced full support for the Juno ecosystem, Loop was excited to continue building on the foundations already laid with SubQuery. In addition, Loop uses SubQuery to power their DeFi NFT Marketplace. Plans to expand their SubQuery integrations to their DEX with Trading View advanced graph data. Eventually, all Loop incubated projects as well as the Loop dApp will be able to leverage SubQuery easily. “ The SubQuery team is very responsive and engaged. It’s great knowing we have a partner that is an expert in their field...

Travala.com has grown from a small start-up to the world’s leading blockchain-based travel booking platform trusted by thousands of customers worldwide as their preferred online travel agency. The platform connects travelers with one of the world’s largest selections of incredible places to stay, including everything from hotels, apartments, villas, and hostels to 5-star luxury resorts. The Travala.com platform currently offers 2,200,000+ properties covering 90,124 destinations in 230 countries and territories and with prices up to 40% cheaper than mainstream travel booking platforms. Travala has successfully created a frictionless travel booking experience that incorporates next-generation blockchain technology and tokenized incentives. By introducing a cutting-edge user experience and multiple cryptocurrencies and traditional payment options alongside benefits tied to its proprietary cryptocurrency AVA, its customers know they are booking with a platform of the future with transpa...

Alnair Finance is a DeFi project that acts as a yield optimizer, launchpad and P2E and synthetic token project for L1 ecosystems. It is a synthetic protocol aimed to create a new and innovative fusion markets on the Astar network. Alnair’s goal is to create synthetic markets for the most popular tokens currently traded in the Astar Network, and then expand even further with new tokens circulate in Astar. $ASTX is the synthetic token pegged with 1 $ASTR. The purpose of the $ASTX token is to provide long-term Astar Network users and traders with additional utility for their assets and a new way to earn additional rewards. Users Opportunities in Alnair Finance Platform Do Farming and earn passive income, first pairs for Farms ASTX/ASTR LP & ALNR/ASTR LP In addition, once launched, the team will begin to develop more pools, through affiliate agreements. Stake $ALNR to get additional rewards You can see the detailed staking logic here https://alnair.gitbook.io/alnair-finance/...

Coinbase is one of the largest crypto exchanges in the world. However, the popular platform is not having the best of times at the moment. The exchange was recently hit with a massive $350 million patent infringement lawsuit. If that was not enough, Wells Fargo, one of the biggest financial institutions in the world, has asked investors to sell Coinbase stock, while on CNBC. JUST IN: Wells Fargo says rising competition and macro pressure will hurt Coinbase $COIN stock. — Watcher.Guru (@WatcherGuru) September 29, 2022 The financial giant says that “rising competition and macro pressures will hurt the stock.” Moreover, even Jim Chanos said that the company did not have a good business model. The $350 million lawsuit was filed by Veritaseum Capital LLC. The firm alleges that Coinbase infringed upon a patent awarded to Reggie Middleton, who is a founder of Veritaseum. The lawsuit claims that Coinbase “had previous knowledge, should have know...

It offers users the most optimal swap routes with the best price and low risk to price impact in the entire Web3 World! Full Cross Chain Aggregator Enabling Smart Routing Best routing With the best price Lower risk to price impact Swap any tokens across 14 supported chains Start using the easiest swap to trade 120,000+ tokens without any barriers https://app.xy.finance/ For users, XY Finance provides cross-chain solutions with the most optimal routes, covering all tokens and creating ultra-fast transfers. For developers, XY Finance’s cutting-edge SDKs, APIs & Widgets will be a great addition to their projects. Developers can integrate XY Finance’s dapp to help broaden their connection to all our 14+ supported chains! To know more about XY Finance, you can check out thie XY Blog – What is XY Finance? A Brief Introduction ! About 1inch 1inch is an exchange aggregator that scans decentralized exchanges to find the lowest cryptocurrency prices for traders, and is power...

The worst month ever in the history of cryptocurrency for attacks and exploits was October. Following a flash loans hack for more than $220,000 worth of tokens on Monday, QuickSwap, a decentralised financial firm located in Polygon, shut down its lending services for consumers. Blockchain data reveals the attackers utilised inflated token prices as collateral to drain all liquidity from the impacted QuickSwap pool after manipulating token prices by borrowing money using a flash loan, a kind of unsecured lending. On Monday afternoon, stolen tokens including MATIC, Lido’s LDO, and staked MATIC were traded for other tokens on the private market Tornado Cash, according to statistics. “QuickSwap Lend is closing,” the company said in a tweet. “$220k was exploited in a flash loans attack due to a vulnerability with the Curve Oracle, which @marketxyz was using.” ️QuickSwap Lend is closing️ $220k was exploited in a flash loans attack due to...

One of the major reasons for such a burgeoning growth in DeFi is the fact that these platforms run automatically using smart contracts without any intermediaries unlike a bank or insurance brokers. In an ideal scenario, these smart contracts power valuable services such as lending protocols and decentralised exchanges or DEXs. However, since the technology is relatively new and still in its development stage, at times they contain bugs or security vulnerabilities that could be exploited by developers and attackers. With more technological advancement and innovation comes greater risks where scammers look for novice ways to attack vulnerable users and platforms, to capitalize and drain users’ crypto wallets. Decentralisation is the backbone of DeFi where users interact directly with the protocol and conduct a financial transaction using innovative services for higher financial returns as compared to traditional finance. However, a lack of an intermediary could mean a lack of accounta...