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Decentralized search engine becomes default option on European Android devices
Presearch is backed by a community of node operators who process user search requests and earn rewards through the Ethereum-based PRE token.
Beginning Sept. 1, decentralized search engine Presearch will be listed as a default option on all new and factory-reset devices sold in the United Kingdom and Europe, a move that could erode Google’s dominance in the search engine market.
The decision by Google to list Presearch as a default browser option follows a protracted legal battle with the European Commission over accusations that the technology company used Android to solidify its search engine dominance. Read More
Here’s Where the Most Crypto Scams Are Happening, According to New Chainalysis Report
A new report from insights firm Chainalysis is shedding light on where the most crypto scams are happening around the world.
The report focuses on crypto-related crimes in Eastern Europe, which Chainalysis says is second for illicit crypto activity behind Africa. Read More
Twitter Hints At ETH And BTC Address Integrations
A rumored feature is said to be coming to Twitter, and it appears that the social media platform is developing functionalities in line with the widespread adoption of cryptocurrencies.
According to a tweet by Alessandro Paluzzi, a mobile app developer, Bitcoin (BTC) and Ethereum (ETH) addresses were shown as options under the Twitter mobile app’s settings toolbar. Read More
Polkadot-Powered Smart Contact Platform Moonbeam Integrates With DeFi Lending Protocol C.R.E.A.M. Finance
Moonbeam, the Ethereum (ETH)-compatible smart contract platform deployed on Polkadot (DOT), reveals that it has completed its integration with C.R.E.A.M. Finance, a DeFi lending protocol for easily accessing financial services.
The C.R.E.A.M. Finance developers confirmed in a press release that they’re now focused on further expanding their lending and borrowing services to the Moonbeam ecosystem, starting with Moonriver, the network’s sister parachain launched on Kusama.
This latest integration joins the fast-growing ecosystem of decentralized finance initiatives created on Moonbeam, providing a comprehensive suite of borrowing and lending services to the Polkadot ecosystem. Read More
DeFi (Decentralized Finance) is a term used to cover various components and activities, including Decentralized crypto Exchanges or DEXs which are at the cutting edge of DEFI. The rapidly evolving market of the DEX allows peer-to-peer cryptocurrency transactions without the need for an intermediary.
DeFi is a system by which financial products become available on a public decentralized blockchain network. That makes them open to anyone to use, rather than going through middlemen like banks, brokerages, and even centralized crypto exchanges.
DeFi will minimize the power from large centralized organizations and put it in the hands of the open-source community and individuals. It allows for a more open financial system preventing censorship and discrimination worldwide.
Decentralized exchanges are a solution and valid alternative to centralized entities. Through on-chain smart contracts, DEXs provide a trustless method of connecting buyers and sellers and offer new precedents of equitable involvement and governance for stakeholders. Read More
DeFi literacy: Universities embrace decentralized finance education
A small number of universities are beginning to offer DeFi courses to help students and the general public better understand the technology.
Decentralized finance, or DeFi, has become one of the fastest-growing sectors within the cryptocurrency ecosystem. Data shows that the total value locked (TVL) in all DeFi protocols is now around $130 billion. This is an important metric, as some analysts view TVL as one of the best ways to measure sentiment within the DeFi sector.
While growth is apparent, many individuals may still wonder what DeFi is and how it can be applied today. Piers Ridyard, chief executive officer of Radix DLT — a secure decentralized network — stated that DeFi currently only caters to users with sufficient knowledge of the crypto market. Read More
This decentralized exchange has plans to become the Uniswap of the Cardano ecosystem
Cardano offers many opportunities to build custom tokens. The only thing missing is a native exchange list.
With no decentralized exchange in existence yet, one platform might have a solution for the native assets created after the Mary hard fork that occurred on March 1st, 2021.
Along with native tokens comes multi-asset support to Cardano, which allows users not only to create their own tokens but also to conduct transactions with them directly on Cardano's network. As each new project launches, they will require an exchange to trade their tokens.
Cardax is positioning itself as the native exchange Cardano needs to provide liquidity to projects that create native assets. Read More
Marketplace efficiency is closer than ever, with features that allow users to stake assets as collateral when trading on margin
One platform might have found the solution to address the major pain points of traditional staking.
AscendEX, a platform marketed as the nexus between the decentralized and centralized finance community, provides users with several unique features.
On the AscendEX platforms, users can access trading services for over 200 trading pairs, including many initial exchange offerings (IEOs) along with margin trading of over 50 tokens. It is also the only centralized exchange to provide users with access to Polygon yield farming. Read More
Blockchain streaming platform Audius announces Solana NFT integration
The market for nonfungible tokens, or NFTs, has grown exponentially over the past year. Now, users of Audius will be able to feature NFTs from the Solana ecosystem in addition to Ethereum.
Blockchain-based music streaming platform Audius announced Thursday that it had launched full Solana NFT integration, allowing its more than six million users to begin featuring digital collectibles from the Solana library.
The integration will occur through Phantom, Solana’s multichain wallet, and browser extension. The new features will be available to Audius’ silver tier profiles, accounts holding more than 100 of the platform’s native AUDIO tokens. Read More
Disclaimer: These articles are provided for informational purposes only. They are not offered or intended to be used as legal, tax, investment, financial, or other advice
