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Abracadabra To Offer Supercharged Stablecoin Yields By Leveraging Terra’s Anchor Protocol

“Degen” traders are likely salivating at an announcement by DeFi’s rising star Daniele Sestagalli, claiming that they will soon be able to earn high yields from their stablecoins thanks to a new cross-chain, leveraged yield farming protocol.  The Abracadabra founder said today on Twitter that a protocol which connects Ethereum with the Terra blockchain to …

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Binance Unveils $1B Growth Fund to Supercharge Blockchain Adoption

Binance, the world’s largest cryptocurrency exchange, has allocated $1 billion in funding to a new growth fund that aims to kickstart the next phase of expansion for Binance Smart Chain (BSC). According to the announcement, $100M will be earmarked for talent development to enable a “new generation of crypto-native professionals to push crypto adoption forward.” …

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CyberKongz’ 13,000x Leap Spurs ‘Own to Earn’ NFTs But Regulatory Scrutiny Looms

The lines are getting blurred between NFTs and DeFi. Bored Ape Yacht Club (BAYC), the Ethereum-based NFT collection that exploded over the summer, has announced that it will issue a “legally compliant” token in the first quarter of 2022. The move is intended to “thoughtfully craft dope utility and governance, benefit our club members, and …

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