DiutoCoinNews

Reporting on Fintech, Bitcoin, Ethereum, Blockchain and Cryptocurrency News in Nigeria

DeFi

Ren Releases Cross-Chain DEX(Zero Wrapped Token DEX) Catalog to Actualize It’s L1 Vision.

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Overview. What Is Ren (REN)? Ren (REN) is an open protocol built to provide interoperability and liquidity between different blockchain platforms with having to wrap or unwrap tokens Formerly known as Republic Protocol, Ren launched RenVM, its virtual machine mainnet, in May…

African DeFi Treasury In Rwanda Wasoko, Secures $125 Million Funding.

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Wasoko, formerly Sokowatch, has raised $125 million in a series-B funding round that reportedly values the last-mile distribution and logistics African company at $625 million. Wasoko allows retailers from Kenya, Tanzania, Rwanda, Uganda, Ivory Coast, and Senegal to order products…

Futures Trading on DEX: PancakeSwap Opens Perpetual Trading Features 

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PancakeSwap, the largest decentralised trading platform on Binance Chain (BNB Chain) announced the launch of its new feature on its decentralised (dex) trading platform. PancakeSwap perpetual trading features was launched in partnership with ApolloX, a dex perpetual service provider. Traders…

An Overview of (DESO) Decentralised Social Blockchain for SocialFi.

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DeSo Blockchain, a SocialFi (which formerly operated as BitClout) is in principle an exemplar of what Web 3 could become. The system is built around token economics intended to help content creators get paid for their work, and users manage…

Top 10 Blockchain Games (GameFi) Platforms to Make You Rich in 2022. 

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Blockchain games (gamefi) platforms that could make you Rich in 2022.  Blockchain games are becoming popular within and outside the digital asset community. Today, most blockchain-based games utilize non-fungible tokens to reward players for wins. After which, they can sell those…

A Dual Investment Guide – How to Invest in Crypto, the Pros and Cons

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If you’ve been exploring the crypto world for a while, you already know that crypto assets are extremely volatile.  And it is extreme since some crypto coins experience swings ranging in multiple percentage points. And no matter how fruitful it…

Africa’s First Blockchain-Based WiFi Sharing Network WiCrypt Closes Strategic $1.5 Million In Funding 

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Led By AU21 Capital, With Participation From Polygon Founder Sandeep Nailwal, Cardano’s Occam, Inclusion Capital, And Outlier Ventures, Wicrypt Is The First Mobile Internet Data Sharing Platform From Africa Without Need For Third-Party Integration NOVEMBER 8, 2021, Enugu, Nigeria —…

YouTuber Accused of Piloting Multi-million Dollar Pump and Dump on Uniswap

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An ex-Google worker and YouTuber with more than 1.1 million subscribers has been accused of piloting a multi-million dollar “pump and dump” on uniswap. On July 1, Patrick Shyu, popularly known as TechLead on YouTube, launched the Million token (MM)…

One Million Unique Active Wallets Interacts With Smart Contracts On PancakeSwap In One Week

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PancakeSwap had an enormous week, where it gained more than 1.1 million active wallets working with smart contracts. Within those seven days, PancakeSwap recorded more than $278 billion in volume, better than any competitor, at the same time. The month…

Binance Blockchain Ecosystem Is Hosting A Defi And NFT Hackathon For The African Blockchain Community.

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Binance Exchange is the leading global cryptocurrency exchange, with users from over 190 countries and regions. Capable of processing more than 1.4 million orders per second, Binance is the largest crypto exchange by trade volume and one of the fastest…