KAVA Labs Unveils the Kava SAFU Fund for Community

Hailing as a top-tier DeFi portal devoted to providing a robust suite of services for developers, KAVA Labs has proudly announced the launch of its highly-anticipated project, Kava SAFU Fund, a dedicated on-chain community pool. The SAFU Fund will help enhance the platform’s security standards by eliminating the risks of black swan events, thereby providing […]

Demand for digital euro not yet clear, says BBVA exec

The European Central Bank should rely on public-private cooperation for issuing a digital euro, an exec at BBVA’s digital regulation team said. An executive at major Spanish bank Banco Bilbao Vizcaya Argentaria (BBVA) has raised concerns about the digital euro and questioned what customer demand it would meet. Pablo Urbiola of BBVA’s digital regulation team […]

SafeDollar ‘stablecoin’ drops to $0 following $248 million DeFi exploit on Polygon

The price of SafeDollar (SDO), an algorithmic decentralized finance (DeFi) stablecoin based on the Polygon (MATIC) blockchain, has plummeted to literally zero as a result of what appears to be a massive multi-million exploit today. SafeDollar exploited Exploit season is coming to Polygon? https://t.co/evzsUAr695 h/t @RugDocIO — defiprime (@defiprime) June 28, 2021 While details are […]

UK Financial Regulator Bans Binance Crypto Exchange from Country

Coinspeaker UK Financial Regulator Bans Binance Crypto Exchange from Country As per an article in a global publication Bloomberg, Binance, specifically BML (Binance Markets Limited), was officially banned by the financial watchdog from transacting any business (regulated) in the UK. This is the most significant move involving such an established cryptocurrency player as BML. As […]

Justin Sun Buys Andy Warhol NFT for Nearly $3mln

Tron founder Justin Sun appears to have made one of the first ever purchases on Binance’s new NFT marketplace, called BinanceNFT. Sun paid $2.8mln for an NFT of Andy Warhol’s “Three Self Portraits”. The NFT auctions are being done in conjunction with APENFT, and represent some of the most iconic works by Warhol. Sun may […]

Nifty Royale Integrates Chainlink Keepers for NFT-based Game

To provide reliable and automated giving services to its users, Nifty Royale has announced its partnership with Chainlink. According to the agreement, Chainlink Keepers will be integrated by the Nifty Royals for its battle royale game based on non-fungible tokens. This integration will trigger the functionality of eliminating the players after a predetermined time period […]