Articles

Struct Finance Transforms DeFi Landscape on Avalanche With the Launch of Tranche-based BTC.B-USDC Vaults

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Tortola, British Virgin Islands, July 12th, 2023, Chainwire In its ongoing journey to reshape the crypto investing landscape, Struct Finance, a DeFi platform that enables investors to engage with tailored interest rate products linked to digital assets, is thrilled to announce the launch of the BTC.B-USDC Vaults. The tranche-based BTC.B-USDC Interest Rate Product was made possible by effectively leveraging Avalanche’s BTC.B (Bridged Bitcoin) for DeFi applications. The new vault beautifully complements Struct Finance’s Genesis USDC Vaults, heralding an exciting era in DeFi yield opportunities. Struct Finance built the new vault on top of GMX’s Liquidity Provider Token (GLP) to generate predictable yields for BTC in the form of fixed returns, and USDC in the form of variable returns, while still leveraging a secure asset and minimizing volatility and exposure to other risks. “Our BTC.B-USDC Vaults represent an innovative application of Bitcoin in DeFi. We’re taking full advantage of ...

MarketAcross and Chainlink Labs Establish Channel Partnership To Support Chainlink BUILD Members

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Tel Aviv, Israel, July 12th, 2023, Chainwire MarketAcross , the world’s leading PR and content marketing solution for blockchain startups, today announced that it has entered into a channel partnership with Chainlink Labs, a developer of Chainlink , the industry-leading Web3 services platform. This channel partnership will help support startups in the Chainlink BUILD program and give them access to services in PR, content marketing, brand reputation, social promotions, influencer outreach (KoL), SEO, community growth, and more. MarketAcross is a premium PR and content marketing solution for startups and cryptocurrencies. It has worked with established blockchain solutions since 2014. From content creation to placement and amplification, it is a one-stop shop for content marketing. Given that traditional marketing strategies don’t always translate to web3, the channel partnership with MarketAcross will enable startups in the BUILD program to access the PR and content marketing expe...

Arbitrum: Rodeo Finance Hacked, Price Crashes 60%

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A recent DeFi hack on Rodeo Finance raises concerns about Arbitrum’s vulnerability. Rodeo Finance, a recently launched project on the Arbitrum ecosystem, fell victim to a devastating hack on July 11. The exploit was discovered by PeckShield, a prominent blockchain security firm. According to the initial estimate, the incident resulted in approximately $1.53M worth of ETH. However, PerckShield’s latest update indicated the total loss was 472 ETH ($888K) Rodeo Finance Hacked According to PeckShield’s explanation, the hack, described as a “ForceInvestment” attack, exploited a flaw in Rodeo Finance’s Investor.earn() routine. This flaw allowed the attackers to force a swap of $USDC to $WETH and then to $unshETH. Unfortunately, due to a flawed $unshETH price oracle, the slippage control mechanism failed to take effect as intended, enabling the hackers to siphon the stolen ETH from the Arbitrum network to the Ethereum network. The hackers proceeded with their illicit activities by swa...

Ethereum Blockchain Game Pikamoon Raises $3.6m Final ICO Phase Selling Out Fast

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Dubai, United Arab Emirates, July 11th, 2023, Chainwire Pikamoon, an emerging Ethereum blockchain game, has raised $3.6 million in its ongoing ICO to bring more value to the Ethereum ecosystem and revolutionise the blockchain gaming space. Pikamoon would launch the world’s most immersive metaverse game and a first-of-its-kind earning model that allows players to withdraw their in-game rewards directly to their wallet or bank account without the need for a third party. Pikamoon focuses on becoming the most realistic metaverse game where players can get a 360-degree experience of the growing virtual space through unparalleled gameplay, stunning visuals, and innovative DeFi features. Drawing inspiration from legendary games like Fortnite, Pokemon, and FIFA, the Ethereum game has leaped forward and is prepared to blend NFTs, video gaming, and metaverse entertainment perfectly. The Pikamoon game is built on Unity, the world’s most advanced game development technology, to create the stu...

Beginners Guide to XM Broker: Complete Review

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XM is an online broker and trading website that allows clients to trade a range of assets. Founded in 2009, XM group provides traders with the full MetaTrader platform suite by MetaQuotes Software Corporation. XM Group has evolved into an online multi-asset broker offering 57 currency pairs and 1000 CFDs. Five CFDs on cryptocurrencies are also offered covering Bitcoin, Dash, Ethereum, Litecoin and Ripple. Visit XM Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.61% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.   XM has 2.5 million clients in 196 countries around the world. So far, it has executed more than 1.4 billion trades with an impressive zero rejections or requotes. The management team of XM has visited more than 120 cities to meet with partners ...

Prime XBT Review: Cryptocurrency Trading Exchange With 100x Leverage

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Prime XBT is a trading platform launched in 2019 that lets traders take advantage of the ability to trade Bitcoin and other major cryptocurrencies with leverage. They have quickly become one of the major players in the margin-trading industry taking on heavyweights such as BitMex . The exchange aims to overcome the common problems of other platforms, including long KYC approval processes, unexpected downtime, low liquidity, problems trading on markets that are failing, limited order types, poor user experience, and high trading fees. Instead, PrimeXBT offers amazing leverage, a highly user-friendly interface, vast liquidity and trading volumes. Read on for our full review. Visit PrimeXBT Prime XBT Leverage Leverage is one of the many features that advanced traders tend to look for, but most platforms offer very limited leverage when it comes to trading cryptocurrency. PrimeXBT stands out by offering leverage of 1:100. This means that for each $1, you get $100 worth of buying ...

mBit Casino Review: Bitcoin Casino With No Deposit Bonus

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mBit Casino is an online casino that has been created with Bitcoin players in mind. A number of different cryptocurrencies are catered for and there is a wide selection of different games from leading developers. The mBit Casino has been around since 2014 and is under the operation of Direx NV Casinos. This parent company operates a lot of other popular online casinos, meaning that it has a lot of experience in the space. It is under the regulation and oversight of the Curacao government. The platform aims to protect the privacy of its players, allowing people to gamble online in an anonymous manner. This offering is a bit different than what you would normally see with other Bitcoin casinos, being a bit more complex in nature. This mBit Casino review looks at all of the respective aspects of this offering, helping you to determine if it is a good fit for you and your online casino needs. mBit Casino Homepage Visit mBit Casino mBit Casino Offering When you enter the mBit Cas...