March 7, 2022       /       Unchained Daily       /       Laura Shin Daily Bits ✍️✍️✍️ Revolut banned transfers in Russia and Belarus; Mastercard, Visa, and PayPal[...]

The post This DeFi OG Is Leaving Crypto appeared first on Unchained Podcast.

If “pandemic” was the buzzword of 2020 (and, you know, 2021), then “sanctions” feels…

The post Ankr interview – what the team think of MetaMask & Infura restrictions appeared first on Coin Journal.

Despite the fact that the crypto market has been displaying a bearish run since the beginning of the year, some

The post has appeared first on thenewscrypto.com

Anchor has been one of the fastest-growing Decentralized Finance protocols in the crypto space. In less than a year, dApp has managed to attract a large number of investors. Consequently, the total value locked in it has increased by 1,851%. Now, it is competing to be the biggest lending protocol, fuelled by one simple tactic […]

Leading digital payments platform Wirex, which has over 4.5 million users and allows them to spend dozens of currencies at more than 80 million locations worldwide, has added support for the meme-inspired cryptocurrency Shiba Inu ($SHIB) along with Terra’s $LUNA other tokens. According to an announcement the firm made, these two cryptocurrencies were listed at […]

True Global Ventures 4 Plus (TGV4 Plus), a venture capital firm focused on technology, announced today it has led the latest investment round in Iomob, which is building a decentralized protocol for the creation of the Internet of Mobility, an interoperable Mobility Marketplace Network With the new investment. Iomob will expand its engineering and commercial […]

The post TGV4 Plus leads investment round in decentralized mobility marketplace Iomob appeared first on CryptoNinjas.

Panther Protocol, an end-to-end privacy solution that protects privacy in DeFi and Web3, recently announced its deployment of a number of solutions on Polygon, including private voting and staking. Users can now stake ZKP tokens on both Ethereum’s mainnet and Polygon, enabling ZKP holders to govern the protocol while increasing their tokens’ scarcity. In addition […]

The post Panther Protocol deploys new solution on Polygon to enhance privacy for DeFi appeared first on CryptoNinjas.

Terra, one of the top 10 cryptocurrency projects by market cap, has reached a UST-related milestone recently. The Luna Foundation Guard (LFG), a nonprofit organization, reported that the protocol had reached the maximum daily issuance of its flagship stablecoin, UST. This is due to high demand that interested parties are showing in minting the asset.…

The post Terra Protocol Reaches Maximum Issuance of UST Daily, LFG Foundation Steps In appeared first on Bitcoin News Miner.

On Monday (March 7), Sydney-based blockchain start up Immutable, which is responsible for the research and development of Ethereum layer 2 powered NFT platform Immutable X, announced that it had “raised fresh funding from investors led by Singapore’s Temasek in a round that values it at $2.5 billion.” Immutable is the developer behind Immutable X, […]

The fast-growing sector in the crypto industry now boasts nearly $78 billion locked in multiple protocols, per the latest data from DeFiPulse. The DeFi movement has shown no signs of slowing down over the past year as new protocols continue popping up regularly. These emerging platforms leverage decentralized networks to transform traditional financial products into trustless protocols governed by smart contracts.  

Yield farming aggregator platform DeFi Yield Protocol is leading the charge in the new world order for the financial system by offering rewards in native tokens such as ETH, BNB, and AVAX. The project opens the door to a booming decentralized finance economy that brings crypto proponents options to put their coins to work in a safe and secure environment.

Crypto investors on the innovative platform can earn rewards across the Ethereum, Avalanche, and Binance Smart Chain networks. DYP users have to choose the contract that best serves their needs and watch their wallets grow without the disadvantages of impermanent loss.

The DYP Team Unveils Their Rebranding Plan!

Following up on the launch of their new smart contract that optimizes the buyback, farm, and staking solutions, the DeFi solutions provider has now announced their complete rebranding process. The plan aims to integrate new and cool stuff that gives the DYP ecosystem fresh air and a unique perspective that will significantly impact the crypto and DeFi community.

Mihai Busica, the DeFi Yield Protocol founder, has unveiled part of the features scheduled for launch this year to create a strong brand and take the project to the next level. The team is building a new logo, website, and Dapps for users to give DYP a new face. They also intend to launch new smart contracts for yield farming, staking, borrowing, and lending that allow the community to benefit from high rewards and maximize their profits.

Moreover, the dedicated team will integrate new exciting products, including a Monthly Lottery and a ‘Special Staking Pool' to bring more utility for the DYP Tools and generate revenue for the platform.

The fully decentralized lottery will reward DYP Tools users and participants who purchase tickets with bonuses from the Special Staking Pool. The new functions generate sustainable rewards for all users, proving that the DYP protocol is here for the long haul.

The DYP developers reiterate their commitment to creating an original project that builds its product and smart contracts from scratch, giving the project an edge over competitor platforms that copy or use ideas from existing platforms.

DYP is developing a Metaverse Play-to-Earn Game

The DeFi Yield Protocol team is currently designing a Metaverse platform that features the Cats and Watches Society NFTs collection as one of the main characters. The super cool cat digital collection dubbed ‘CAWS NFT' will bring many benefits to users and have excellent utilities in the upcoming Metaverse.  

Crypto enthusiasts who purchase the super cool cat that collects luxury watches will hold much more than a simple collection of digital art. They will enjoy plenty of advantages on DYP, including the ability to mint an additional stand-alone watch NFT for free.

CAWS NFT holders will also have access to ‘'THE SOCIETY BENEFITS”, allowing them to receive a share of 10% minting fees that will be redistributed to the other NFT owners. 

Holders of the Funky Cat will also receive 2.5% royalties on all secondary sales after the minting process is over and access a special staking pool. CAWS members will also be able to leverage their unique NFT Cat character to gain exclusive access to the Metaverse platform and all DYP products.

Furthermore, The DYP team plans to develop a virtual play-to-earn game, which will be the main attraction of the DYP Metaverse. The V.R. game allows DYPians to enjoy a unique GameFi experience, interact with their peers, make alliances, discover treasures, and earn rewards. Gamers can invest in upgrading their tools and equipment to dig faster for treasures and collect more bonuses.

How DYP is changing the Future in Crypto Earnings

The DYP protocol gives yield farming and staking new perspectives, empowering crypto users to earn even more passive income with their diverse range of products. Per a recent tweet from the team, the protocol has paid a total of 9194 ETH, 9949 BNB, and 25201 AVAX in rewards to users.

The project offers an APR of up to 320% across multiple chains, backing up DeFi market participants with the capacity to lend, borrow, stake, earn interest, and much more. The unique platform grants everyone with an internet connection access to transformational financial solutions such as yield farming, staking, NFTs and DYP Tools.

The latest offering from the leading protocol brings a new DYP Earn Vault that is now ready for action. The product introduces exciting features with compound integration and support for ETH, WBTC, USDC, USDT, and DAI. The contracts have no lock time and deliver 10% APR for ETH and BTC deposits, as well as 15% APR for USDT, USDC, DAI deposits.

The two platforms work together to create posts that inform the crypto community on ways to maintain anonymity while trading, purchasing, and investing in digital assets. The content also informs users on the importance of vetting pre-sales to ensure they don't invest in phony tokens or lose money to rug pulls.

The educational platform also focuses on the importance of efficient smart contract audits for DeFi projects to eliminate bugs and other security loopholes that bad actors can exploit.

The increasing fraudulent schemes call for innovative solutions and education to protect DeFi market participants. SolidProof, a leading blockchain audit company, has stepped up to help safeguard the $69.43 billion locked in various DeFi protocols.

The Go-to Platform for Efficient Audit Solutions

Solidproof launched in 2021 to bring transformational audit solutions to DeFi, making the space safer for all users. The project has introduced proper audit tools that empower established and new projects to secure their protocol by rooting out vulnerabilities and inefficiencies. 

Solidproof also offers a built-in Know Your Customer (KYC) solution that verifies users' identities to protect blockchain-based projects from money laundering and terrorist financing risks. The KYC process also vets the team behind a project, guaranteeing investors that the developers are qualified, legitimate, and well-intentioned. 

The German-based company recently introduced its smart contact audit automation tool that promises to be a game-changer in the industry. The auto tool shortens the time needed to review and analyze complex DeFi code and tax systems. It also fine-tunes the audit process, making it possible to discover hard-to-find vulnerabilities that manual testing often misses. 

The auto tool solution enhances the firm's ability to produce reliable audit reports for numerous blockchain platforms. So far, over 350 projects have chosen trust made in Germany to safeguard their code and build up their credibility in the DeFi sector. 

Launchpad platforms such as Unicrypt have also integrated SolidProof's easy-to-use auto tool on their websites, allowing upcoming projects to seamlessly conduct an audit and KYC before launch.

About SolidProof

Solidproof is a leader in smart contract security solutions that brings accurate, reliable, affordable smart contract audits made in Germany to the DeFi sector. The firm plays a significant role in eradicating scams and fraud from the DeFi space with its revolutionary audit and KYC services. 

The blockchain auditor has secured hundreds of projects, helping instill trust in the fast-growing DeFi industry. To learn more about Solidproof's security solutions and connect with its community, click on the links below:

| Telegram | Twitter | Facebook |