¿Gaming for profit? This Ethereum based protocol enables it
Conceived as a bridge between Bitcoin and decentralized finance on Ethereum, Badger DAO protocol has expanded its investment strategies. As of today, users will be able to profit from yielding NFTs by participating in its new “game”. Using one of Badger DAO’s products called Honeypot part I, participants can farm NFTs for staking bBadger or […]
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IPFS, a Blockchain-based peer-to-peer hypermedia protocol, is officially launching its distributed web network on Ethereum instead of Bitcoin, explaining it by “the Ethereum network’s supportive development community and various innovative features.” Filecoin, a data storage network and electronic currency designed for the IPFS protocol, was developed in 2014 on the Bitcoin network to operate as the foundation of the hypermedia distribution protocol which enables users to organize, distribute, analyze, and store information in a more transparent and unalterable network based using the....
Algorithmic currency protocol OlympusDAO (OHM) has been outperforming Bitcoin and Ethereum despite the recent downtrend. In the 7-day and 30-day charts, OHM records a 38% and 126% profit, respectively. A report published by Delphi Digital concludes that OHM has been displaying countercyclical behavior. As reported by NewsBTC back in April, this protocol took the market […]
PARSIQ, an enterprise blockchain solutions provider has stepped into the DeFi space by announcing its IQ Protocol launch. Currently, on an Ethereum-based testnet, IQ Protocol is a DeFi solution for the SaaS market that tokenizes subscriptions and creates a circular economy, complete with staking, lending, and borrowing features. The launch of IQ Protocol enables PARSIQ […]
The blockchain-focused gaming company Myria will launch its highly anticipated scaling solution as a Layer-2 protocol on the Ethereum network. The company, boasting a user base of 1.2 million, affirms that transactions will be instant and secure trades, along with zero-fee non fungible-token transactions. As a Layer-2 protocol on Ethereum, Myria will provide a comprehensive […]
The Ethereum-based trading protocol dYdX implemented a new feature called Liveness Check. According to an official post, the feature enables users to scan their “image” with a webcam and verified if it has been used to open a different account on the platform. Related Reading: Bitcoin Data: Long-Term Holders Are Currently Putting More Selling Pressure […]