DeFi Telegraph (eng) ( ICO reviews)

2022-01-07 21:01:16 NFT Cryptoslam Raises $9 million

On Wednesday, Cryptoslam's non-fungible token (NFT) data and analytics platform raised $9 million in a capital funding round led by Animoca Brands. Cryptoslam reported that Mark Cuban participated in the financing, and Sound Ventures of Ashton Kutcher and Guy Osiri also joined.

Irreplaceable tokens (NFT) have become a big deal and a billion-dollar industry since the boom began last year. On January 5, 2022, Cryptoslam, an NFT-focused data and analytics platform, reported that the company had raised $9 million from strategic investors. According to the announcement, Animoca Brands led the Cryptoslam capital raising, but Mark Cuban and Sound Ventures also participated in it. The aforementioned investors invest heavily in NFT projects and blockchain startups. Open / Comment

2022-01-07 19:29:01 "Go to hell." Mozilla founder criticized the company

Mozilla founder Jamie Zawinski criticized the company because of the decision to start accepting payments in cryptocurrency. The American programmer "sent to hell" everyone who decided to support crypto payments as part of a partnership with BitPay. According to Zawinski, cryptocurrencies not only destroy the planet, but also contribute to the development of Ponzi schemes.

"I founded Mozilla, and I'm here to say, 'Fuck you.' Everyone involved in the project should be terribly ashamed of the decision to become a partner of the Ponzi supporters burning the planet," Zwinski tweeted. Open / Comment

2022-01-07 17:07:01 Aave launches an adjustable Aave Arc pool

The Defi Aave platform has launched the Aave Arc authorized lending and liquidity service to help organizations participate in decentralized financing in accordance with regulatory requirements.

Unlike its new cross-platform counterparts, Age Arc is an authorized liquidity pool specifically designed for institutions that ensure compliance with regulatory requirements in the field of decentralized finance (DeFi).

The first of 30 organizations to be whitelisted by Aave Arc was Fireblocks, an institutional custodian of digital assets. The January 5 statement says that the pool "allows whitelisted organizations to safely participate in DeFi as liquidity providers and borrowers."

Aave Arc users must follow KYC/AML procedures to gain access. Open / Comment

2022-01-07 15:13:01 Solana warned about problems with transactions

The developers of Solana reported a decrease in the performance of the beta version of the mainnet and warned users about possible errors in transaction processing.

The problem was explained by an increase in the number of "high-performance computing operations". According to the developers, because of this, the network bandwidth dropped "to several thousand" transactions per second (TPS).

The project team stressed that they are working together with ecosystem participants to correct the situation and increase the network's fault tolerance.

According to Solana Beach, at the time of writing, the throughput of the blockchain is at the level of 1500 TPS. The service also registers a large number of failed transactions. Open / Comment

2022-01-05 19:21:01 Bruce Lee's family to launch NFT collection on Ethernity Marketplace

Marketplace Ethernity and the family of martial arts master Bruce Lee have created an NFT collection in memory of the legendary fighter and actor called "Shapeless Form."

On January 8, 2022, the Bruce Lee Family and the Ethernity Marketplace will release the NFT Ethernity Lee collection. The goals of the collection are to "spread the legacy of the thinker and legendary martial artist who became a cultural icon around the world," according to the release notes on Ethernity's website.

Bruce Lee is known worldwide for his early 1970s hand-to-hand combat style and roles in feature-length martial arts films such as The Way of the Dragon, Fist of Fury, Death Game and others. Open / Comment

2022-01-05 17:31:05 Vitalik Buterin: "Etherium 2.0 is only 50% ready"

Vitalik Buterin, the co-founder of Etherium, spoke about the development of the second cryptocurrency during his two-hour podcast Bankless. According to him, the readiness of the new version does not exceed 50%.

Buterin stressed that to achieve maximum scalability and decentralization, Etherium needs to become more flexible and easier in terms of data in the blockchain. This will allow more people to run full nodes of Etherium and consequently make the network more decentralized. Right now, 2.6 Mbytes of data per second pass through the Etherium network.

The project team is now working on the merger phase - a full transition to Proof-of-Stake (PoS) consensus. The transition should be completed in the first half of this year. The second stage will be to increase scalability and bandwidth on the Etherium network. Open / Comment

2022-01-05 15:09:00 Binance Labs Leads $12 Million Round for Woo Network

Founded by quantitative trading major Kronos Research, Woo Network has received an additional $12 million in strategic investment in a Series A+ funding round led by Binance Labs. The new funding, announced by Binance Labs on Tuesday, builds on Woo Network's $30 million Series A funding round.

Woo Network (WOO) is known for adding liquidity to institutions, exchanges, trading teams, wallets and decentralized applications. DYdX, Matcha, ParaSwap, 1inch and Dodo are the main protocols supported by the DeFi platform. Woo claims to provide low-cost liquidity through aggregation algorithms and trading methods. Customers who want more liquidity can use the Woo X network's API or proprietary trading interface. Open / Comment

2022-01-05 13:18:00 Grayscale Rebalances DeFi Fund Removing BNT and UMA

Major digital asset manager Grayscale Investments rebalanced the Grayscale DeFi Fund for the second time since its inception in July 2021, and also adjusted the weights of its Digital Large Cap Fund.

The Jan. 3 announcement detailed the changes Grayscale made to the two funds. DeFi Fund weights were rebalanced with the addition of AMP, Flexa's own payment network collateral, while Bancor (BNT) and Universal Market Access (UMA) were removed.

Flexa uses the AMP token to provide cryptocurrency payments and settles them in fiat to recipients, allowing merchants to easily accept cryptocurrency.

Grayscale also changed the weights, but did not change The Grayscale Digital Large Cap Fund (GDLC) token list. Open / Comment

2022-01-03 18:39:01 YEAR token distribution turned out to be a planned fraud

The distribution of YEAR tokens, which allowed to see wallet activity on an annual scale through a special website, turned out to be a planned fraud scheme.

Initially, the creator of the smart contract did not give away his evil intentions in any way. Moreover, the smart contract was even audited. However, later it turned out that the burn function (which actually didn't burn, but checked the recipient's address) of the tokens had been created in advance with the possibility of spoofing the data.

As the logic of the smart contract claimed, users could not send tokens to the address of the contract holder. As soon as YEAR's giveaway gained popularity, it launched a feature with address spoofing.

As a result of the above actions, users lost the ability to sell tokens on Uniswap, but the purchase still worked. Open / Comment

2022-01-03 17:46:00 South Korean presidential candidate intends to raise funds in cryptocurrency and issue NFT

Korean media reported Sunday that the Democratic Party of Korea, the country's leading political force, is going to raise election funds using cryptocurrency and issue receipts in the form of non-exchangeable tokens (NFTs) to donors. The money will be used to finance the campaign of party presidential candidate Lee Jae-myung.

Bitcoin (BTC), Ethereum (ETH) and up to three other cryptocurrencies are now under consideration.

The NFT will feature pictures of the candidate and his campaign promises to those who donate to the campaign to raise money for the March 9 presidential election. The tokens are expected to be a new means of communicating with young voters. Open / Comment