[PRESS RELEASE – Midtown, Gibraltar, 19th November 2021] Panther Protocol, the end-to-end privacy solution building the privacy layer for Web3 and Decentralized Finance, and Velas, an EVM/eBPF hybrid chain offering up to 75,000 TPS for dApps that require lightning speed and scale, are joining forces in a strategic partnership today. Based on Solana, but offering EVM compatibility and Solidity support, Velas is building an open-source blockchain world of services and products...
Read More »Panther Protocol Partners with Songbird – Flare’s Canary Network – to Accelerate DeFi Adoption
[PRESS RELEASE – Midtown, Gibraltar, 18th November, 2021] Today, Panther Protocol has announced that it’s partnership Flare, will be expanded into Flare’s Canary network, Songbird. Flare is the world’s first Turing-complete FBA (Federated Byzantine Agreement) network, and Panther is building the interoperable privacy layer DeFi and Web3, aiming to make privacy a standard, not an afterthought. Flare started its mission to “Unlock the Value” inherent in the 65% of blockchains...
Read More »Ethereum’s Problems are Hindering its Leadership in the Defi Ecosystem, Experts Say
The debate over the feasibility of using Ethereum as the Swiss Army of the crypto-verse is heating up again now that DeFi, gaming, and NFT are enjoying a recent surge in popularity. But the outlook is not very positive considering the current state of affairs. The impact of xcessive fees, long confirmation times, and slow updates is starting to worry retail users, techies, and large investors. Ethereum Developers Should Focus on L1 Faced with the difficulties of delivering a...
Read More »Michael Saxon Is Growing Treliant’s New Blockchain Division
Multi-industry consulting firm Treliant has brought Michael Saxon onboard as its new senior director. Saxon will work to grow the company’s blockchain and cryptocurrency advisory services for the company’s expanding list of clients. Saxon Is the Man for the Job Saxon has worked as a consultant for the past several years in the blockchain space. Not only has he advised many up-and-coming firms, but he has also led several new projects that have pushed the digital currency...
Read More »Parrot Media Is Getting a Crypto Division All Its Own
Cryptocurrency is growing heavily as of late, though it’s probably safe to say that a lot of people still aren’t terribly familiar with it. They’re unaware of how it works, how to trade, or even what companies are emerging that are pushing the crypto and blockchain agendas. That may change now that PR firms like Parrot Media Consultants are getting involved. Parrot Media Is Helping Crypto Move Forward Parrot Media is a public relations firm that is starting an entirely...
Read More »Game7 Seeks To Integrate Gaming and Blockchain With a $500M Platform
Several gaming and technology leaders have gathered to form Game7 – an upcoming blockchain ecosystem acceleration decentralized autonomous organization (DAO) with a $500 million budget. The DAO seeks to intersect the $180 billion gaming industry with blockchain technology. Accelerating Blockchain Adoption in the Gaming Industry The initiative was announced in a press release seen by CryptoPotato. Game7 was proposed as a $500M blockchain gaming DAO that will seek to accelerate...
Read More »Overall Losses from DeFi Exploits Exceed $12 Billion in 2021: Elliptic Report
According to data provided by the blockchain analysis company – Elliptic – investors have lost $12 billion to criminals targeting decentralized finance platforms since the beginning of 2021. More than $10 billion of that amount accounts for cases of fraud and theft on DeFi products. Seven Times More Than in 2020 Over the recent years, the total value locked in DeFi projects has skyrocketed from $500 million to nearly $250 billion. With this major increase, though, comes the...
Read More »The LoveChain Launches NFTLove Campaign Celebrating Artists Around The Globe
[PRESS RELEASE – Sydney, Australia, November 19th, 2021] The next generation of social media platforms on blockchain is celebrating their love on the blockchain, by holding their #NFTLove campaign. The LoveChain is inviting all artists and #NFTLove enthusiasts from around the world to create, design and share their very own #NFTLove designs. The #NFTLove campaign will launch on November 19th, 2021, 12:59 PM UTC, and end on December 10th, 2021. The Love Chain is the first...
Read More »Despite the Crash: Bitcoin Investors Withdrew $1.3B in BTC From Exchanges in Three Days
Despite the recent correction in which bitcoin lost roughly 20% of its value in a week, on-chain data suggests that the liquidity crisis could be increasing. In just three days, exchanges have seen more than 23,000 coins taken off, worth more than $1.3 billion. $1.3B In BTC Withdrawn From Exchanges in Three Days Citing data from the blockchain analytics company Glassnode, crypto analyst Ali Martinez outlined the recently enhanced bitcoin withdrawals from digital asset trading...
Read More »Maybe India Won’t Ban Crypto After All…
The Parliamentary Standing Committee on Finance in India has recently issued a statement saying that bitcoin and cryptocurrency must be regulated given that the digital currency and blockchain spaces “cannot be stopped.” India May Be Moving In the Right Direction This is a huge statement coming from an authority based in India given the country’s up-and-down relationship with what is arguably one of the largest and fastest-growing financial industries out there. India...
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