MoonPay’s Expansion Continues: Acquires Iron, Paving the Way for Solaxy
MoonPay, the crypto fintech giant known for its aggressive expansion strategy, is at it again. This time, the company has acquired Iron.xyz, a stablecoin infrastructure platform, in yet another move that signals its determination to reshape the digital finance landscape. With a track record of strategic acquisitions, MoonPay is proving that it isn’t just playing […]
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Just four days after hitting the $4M milestone, new presale project Solaxy (SOLX) reached $5M. Ten days is an astonishing pace to raise millions in funding. So what’s special about Solaxy? Well, Solaxy is Solana’s first Layer-2 solution that focuses on meme coins. This means Solaxy could resolve Solana’s congestion issues by processing part of […]
في الوقت الذي تسبّب فيه ارتفاع سعر بيتكوين (Bitcoin-BTC) فوق 80,000$ بتجدّد حالة التفاؤل داخل سوق الكريبتو، يتحوّل انتباه المستثمرين إلى Solaxy (SOLX)، وهو مشروع ثوري يسعى إلى معالجة أبرز مشاكل بلوكتشين سولانا التي باتت معروفة ببطء سرعة مُعالجتها للمعاملات. وهنا، يأتي دور مشروع Solaxy الذي يقوم بمعالجة المعاملات على حل الطبقة الثانية الخاص به […]
AI has become integral to our lives, take it or leave it. Some use it to find new recipes for dinner, others–for relationship advice. We asked AI what the best crypto to buy now was, and it picked Solaxy ($SOLX). While ChatGPT’s reasoning is sometimes dubious, this time, the reply makes perfect sense. Solana is […]
The Iron Titanium token (TITAN) value has quaked a great deal after the project suffered from what the team called “the world’s first large-scale crypto bank run.” After touching a high of $64 per token on Wednesday, the project slid to near zero and remained worthless on Thursday afternoon. Iron Finance Claims Project Suffered from a ‘Bank Run’ The world of decentralized finance (defi) is exciting but it also comes with major risks stemming from smart contract exploits, flash loans, and alleged bank runs. That was the case for the Iron Finance project, as the....
The Iron Finance stablecoin fiasco caused cries for regulation and shed light on the importance of complete collateralization. The cryptoverse has been overrun with negative events lately. One of the most recent ones was the Iron Finance bank run that occurred on June 16. Iron Finance is a multi-chain, partially collateralized stablecoin protocol with the main goal of providing a dollar-pegged stablecoin to be used for DeFi applications. It was the first large-scale bank run in the cryptocurrency market.Iron Finance’s stablecoin, IRON, is a partially collateralized token soft pegged to the....