Safechaintoken Review – Token Swaps, Staking, and NFTs

Safechaintoken ($SCT) is a hyper deflationary utility token for the forthcoming token swap platform, SafechainSwap. The project is new but advancing fast. Besides token-swapping services, Safechaintoken also aims to evolve into a DeFi ecosystem for DApps and NFTs. In this future venue, users will be able to stake their tokens and practice token farming, all at minimal costs. In this Safechaintoken review, we look closer at one of the most recent projects dealing in hyper deflationary tokens. Read on to…

DeFi Connect Announces Listing on BitMart; Trading Begins on Friday

DeFi Connect, an innovative crypto ecosystem, announced its imminent listing on centralized exchange BitMart starting Thursday, October 21. Trading will begin on Friday, October 22. The growing community around DeFi Connect has been eagerly waiting for this news since the project’s launch in early 2021. The platform’s native token, DFC, has the crucial role of bridging real-world financial applications with decentralized finance (DeFi). The DeFi Connect Ecosystem DeFi Connect is an emerging platform in decentralized finance looking to expand access…

Earliest Cryptocurrencies with DeFi-like Characteristics

A recent Chainalysis report shows how Europe accounts for 25% of the world's cryptocurrency transactions. The news came as a surprise to many. However, Decentralized Finance (DeFi) is the center of these crypto transactions. So, it takes about 50% of the total amount from the region's trades. DeFi is an innovative niche that many enthusiasts still have not explored fully. Nevertheless, numerous smaller crypto assets with similar characteristics to DeFi tokens already exist. Binance Chain, PancakeSwap, and Uniswap are examples…

Freemoon Finance Review – Features, Solutions, and Roadmap

Freemoon is a decentralized financial ecosystem looking to solve the current issues with deflationary tokens and blockchain systems. Since the decentralized finance craze of 2020, numerous projects have surfaced on the crypto scene. Some of them attracted billions of dollars and thousands of investors. Nowadays, they are thriving and spearheading the DeFi revolution. Unfortunately, not all of them followed the same course. And some turned out to be money-grabbing scams. Among them, high-yield investment programs (HYIP) seem to take the…

Pinkslip Finance Boards the Huawei Cloud X Morpheus Labs LaunchPad

Recently, Pinkslip Finance announced it has officially joined the jointly developed Huawei Cloud Singapore and Morpheus Labs launchpad. The NFT-based platform became one of the very first networks to acquire the services of the innovative launchpad. Moreover, Huawei Cloud and Morpheus have promised to pour in resources to give blockchain solutions to Pinkslip Finance, among other projects. Pinkslip Finance announced its excitement to work with Huawei Cloud PAC on Twitter. In recent times, many have considered Huawei as the leading…

BNB Fintech Review – Features, Roadmap, and BNB Cash Use Cases

BNB Fintech is a financial technology company that focuses on making crypto payments more accessible for everyone. Nowadays, many people may find digital cash, decentralized finance, and blockchain overwhelming. For instance, some beginners need weeks, if not months, to grasp the benefits of cryptocurrencies. So, the need for easy access to the future financial system is more imperative than ever. Fortunately, new tech projects seek to fill this void of technological understanding. One of them is BNB Fintech, which aims…

India’s Crypto Market Thrives as Large Institutions and DeFi Dominate

A rise in demand for digital coins in India might help the crypto landscape flourish in the region. For instance, the nation is currently leading the expansion of cryptocurrency markets. Also, a report from Chainalysis showed that India's market grew by 641% over the past year. Fastest-Growing Crypto Region Chainalysis’ records show that Institutional investors are driving India's cryptocurrency market expansion. Additionally, increasing decentralized finance activity has been one of its few catalysts. According to Quantstamp's Sriram, DeFi activity continues…

Compound’s Woes Deepen at The Back Of New Bug Bite

Leading Decentralized Finance (Defi) Protocol Compound is staring at heavy losses following a bug bite. The firm's chief, Robert Leshner, has revealed it in a series of tweets. Also, Leshner blamed the firm's woes on an upgrade that went wrong. Compound has recently updated its Comptroller Contract. The Proposal 062 update manages how the protocol rewards its stakers. A bug in the upgrade has seen the contract wrongfully allocate its users staking rewards in COMP tokens. The news won't be…

NFTs Role in Connecting Sports Teams With Their Fans

Since the launch of blockchain technology in 2011, the financial world has welcomed many other related projects. One of the most innovative yet simple ones is the use of Non-Fungible Tokens (NFT). An NFT is a unit of data stored on a blockchain, and it assigns unique tags to digital assets which are not subject to any form of change. Even though NFTs sit on the same blockchain technology as cryptos, they are not currencies. Since their debut, NFTs have proven…

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