π°DeFi News Sharing:
βΊCrypto lending platform Celsius has frozen accounts of its 1.7 million users.
βΊOn-chain records shows that Celsius has placed customersβ ETH deposits in Lido in exchange for Lido Staked ETH (stETH), a liquid staking derivative of ETH.
βΊWatcher.Guru reported that Celsius sent over $320M worth of crypto to trading platform FTX, and the purpose of said transactions remains unclear at this point. 9,500 WBTC was moved from Aave to FTX while over 50,000 ETH was moved to FTX.
βΊCelsius's token has fallen about 97% in the last 12 months, from $7 to around 20 cents, based on CoinGecko data.
βΊNexo reached out to Celsius to discuss the acquisition of its collateralised loan portfolio. So far, Celsius has chosen not to engage
Do you think Celsius can fix the issue?
βΊCrypto lending platform Celsius has frozen accounts of its 1.7 million users.
βΊOn-chain records shows that Celsius has placed customersβ ETH deposits in Lido in exchange for Lido Staked ETH (stETH), a liquid staking derivative of ETH.
βΊWatcher.Guru reported that Celsius sent over $320M worth of crypto to trading platform FTX, and the purpose of said transactions remains unclear at this point. 9,500 WBTC was moved from Aave to FTX while over 50,000 ETH was moved to FTX.
βΊCelsius's token has fallen about 97% in the last 12 months, from $7 to around 20 cents, based on CoinGecko data.
βΊNexo reached out to Celsius to discuss the acquisition of its collateralised loan portfolio. So far, Celsius has chosen not to engage
Do you think Celsius can fix the issue?
π4
π₯Partnership Announcementπ₯
π‘ We are happy to announce that we're partnering with Symbiosis.
β Symbiosis is a decentralized multi-chain liquidity protocol that enables users to perform any crypto token swaps across multiple blockchains with a single click.
π #AlgoBlocks platform will be integrated with #Symbiosis to provide an easy-to-use cross-chain swap experience. Making cross-chain swaps and cross-chain LP contributions completely hassle-free!
πFollow Symbiosis on
Twitter | Telegram | Medium | Discord
π‘ We are happy to announce that we're partnering with Symbiosis.
β Symbiosis is a decentralized multi-chain liquidity protocol that enables users to perform any crypto token swaps across multiple blockchains with a single click.
π #AlgoBlocks platform will be integrated with #Symbiosis to provide an easy-to-use cross-chain swap experience. Making cross-chain swaps and cross-chain LP contributions completely hassle-free!
πFollow Symbiosis on
Twitter | Telegram | Medium | Discord
π₯5
π #AlgoBlocks #DeFi Academy
βοΈ Demystifying DeFi: Advantages and challenges faced by the DeFi space
Check it out ππ» https://bit.ly/3MHOWTv
βοΈ Demystifying DeFi: Advantages and challenges faced by the DeFi space
Check it out ππ» https://bit.ly/3MHOWTv
Medium
Demystifying DeFi: Advantages and challenges faced by the DeFi space
Decentralized Finance, also known as DeFi, was envisioned to remove third-party networks or the middle man from financial transactions. Itβ¦
π6
π #AlgoBlocks #DeFi Academy
βοΈ IDO Explained: How Initial Dex Offerings (IDOs) Work
Check it out ππ» https://bit.ly/3mKBP9H
βοΈ IDO Explained: How Initial Dex Offerings (IDOs) Work
Check it out ππ» https://bit.ly/3mKBP9H
Medium
IDO Explained: How Initial Dex Offerings (IDOs) Work
In 2019, Raven Protocol launched an Initial Dex Offering (IDO), a fundraising method that was unheard of at that time. Back then, everyoneβ¦
π₯3
π₯Partnership Announcementπ₯
π‘ We are happy to announce that we're partnering with Cube Network
β Cube Network is a high-performance, scalable and modular architecture Layer 1 blockchain. It supports multi-chain and cross-chain protocols and is fully compatible with EVM and the Cosmos ecosystem.
β Cube Network is backed by Huobi Global and committed to participating actively in the development of decentralized cross-chain protocols, and in Web 3.0 infrastructure to give users the next-generation multi-chain experience.
π #AlgoBlocks platform will be integrated with #Cube Network to provide a one-stop Dapps discovery experience. Users can enjoy ranked DeFi protocols, games, and NFT that built on Cube Network.
πFollow Cube Netwrok on
Twitter | Telegram | Medium | Discord
π‘ We are happy to announce that we're partnering with Cube Network
β Cube Network is a high-performance, scalable and modular architecture Layer 1 blockchain. It supports multi-chain and cross-chain protocols and is fully compatible with EVM and the Cosmos ecosystem.
β Cube Network is backed by Huobi Global and committed to participating actively in the development of decentralized cross-chain protocols, and in Web 3.0 infrastructure to give users the next-generation multi-chain experience.
π #AlgoBlocks platform will be integrated with #Cube Network to provide a one-stop Dapps discovery experience. Users can enjoy ranked DeFi protocols, games, and NFT that built on Cube Network.
πFollow Cube Netwrok on
Twitter | Telegram | Medium | Discord
π₯4π3
π #AlgoBlocks #DeFi Academy
βοΈ NFT Games: A quick guide for beginners
Check it out ππ» https://bit.ly/3O3j1OL
βοΈ NFT Games: A quick guide for beginners
Check it out ππ» https://bit.ly/3O3j1OL
Medium
NFT Games: A Quick Guide for Beginners
NFT games is the intersection of gaming, blockchain, and finance. Itβs not like other video games; itβs a game powered by blockchainβ¦
π3
#AlgoBlocks - Watch To Earn Quiz Winner List
πWatch feature videos and answer 5 questions!
π$500 worth of #ALGOBLK Prize Pool (share with 20 Winners)
πResult:
Winners on gleam: https://bit.ly/3Q8GzDr
Winners with address: https://bit.ly/3OhFc3R
πLet's have a recap on #AlgoBlocks product features & get ready for the Beta!
π₯Product Features:
β¨Intelligent and Personalized Signals System
β¨One Asset Liquidity Contribution
β¨Comprehensive Dapp and DEX Search Engine
β¨Choose a curated one-click investment option or DIY your own pre-programmed trade
β¨EZ Swaps - Swaps are made even easier
πΉ Watch to recap now!
https://www.youtube.com/playlist?list=PLUT38GcFaWa2z3T00sRwOjGPsh9Qziy__
πWatch feature videos and answer 5 questions!
π$500 worth of #ALGOBLK Prize Pool (share with 20 Winners)
πResult:
Winners on gleam: https://bit.ly/3Q8GzDr
Winners with address: https://bit.ly/3OhFc3R
πLet's have a recap on #AlgoBlocks product features & get ready for the Beta!
π₯Product Features:
β¨Intelligent and Personalized Signals System
β¨One Asset Liquidity Contribution
β¨Comprehensive Dapp and DEX Search Engine
β¨Choose a curated one-click investment option or DIY your own pre-programmed trade
β¨EZ Swaps - Swaps are made even easier
πΉ Watch to recap now!
https://www.youtube.com/playlist?list=PLUT38GcFaWa2z3T00sRwOjGPsh9Qziy__
π₯4
π #AlgoBlocks #DeFi Academy
βοΈ Decentralized Autonomous Organization (DAO) explained
Check it out ππ» https://bit.ly/3A6kwHS
βοΈ Decentralized Autonomous Organization (DAO) explained
Check it out ππ» https://bit.ly/3A6kwHS
Medium
Decentralized Autonomous Organization (DAO) explained
At some point in your crypto investing journey, you will have come across the phrase βDecentralized Autonomous Organizationβ, also known asβ¦
π5
#AlgoBlocks β Watch To Earn Rewards Airdropped
πResult:
Winners on gleam: https://bit.ly/3Q8GzDr
Winners with address: https://bit.ly/3OhFc3R
πResult:
Winners on gleam: https://bit.ly/3Q8GzDr
Winners with address: https://bit.ly/3OhFc3R
π5
π #AlgoBlocks #DeFi Academy
βοΈ Cities and crypto: Austin launches fact-finding study for crypto tax payments
Check it out ππ» https://bit.ly/3xYAUHJ
βοΈ Cities and crypto: Austin launches fact-finding study for crypto tax payments
Check it out ππ» https://bit.ly/3xYAUHJ
Medium
Cities and crypto: Austin launches fact-finding study for crypto tax payments
According to a 2022 survey by Bitstamp, the worldβs oldest crypto exchange, it will take up to a decade before crypto enters mainstreamβ¦
π2
π‘ #AlgoBlocks Community Update:
π€Partnerships:
Strategic partnerships with outstanding projects, BitsCrunch, Cube, Decubate, Kyber Network, Krystal DeFi, and Symbiosis. More partnership deals are ongoing
πCampaign:
Launched the "Watch to Earn" Quiz Campaign, over 300 members participated. Uploaded product feature videos to educate our members
πOfficial Website:
Published a newly designed website that features a modern design & represents the core values of AlgoBlocks: βDiscover, Invest, Manage, Automate in One Placeβ
π Product:
Developing a multi-chain DeFi dashboard, Dapps search engine with over 1600 dapps, EZ Swap and One-click liquidity contribution to be rolled out soon
π₯Team:
Expanding the core team, hiring a UI UX Designer. Hiring a senior graphic designer
π°Funding:
No exposure to Terra, Luna, 3AC, Celsius, Coinflex or Babel Finance and other protocols. Compared to other DeFi projects, our raise was modest and we have been very prudent with our spending
π€Partnerships:
Strategic partnerships with outstanding projects, BitsCrunch, Cube, Decubate, Kyber Network, Krystal DeFi, and Symbiosis. More partnership deals are ongoing
πCampaign:
Launched the "Watch to Earn" Quiz Campaign, over 300 members participated. Uploaded product feature videos to educate our members
πOfficial Website:
Published a newly designed website that features a modern design & represents the core values of AlgoBlocks: βDiscover, Invest, Manage, Automate in One Placeβ
π Product:
Developing a multi-chain DeFi dashboard, Dapps search engine with over 1600 dapps, EZ Swap and One-click liquidity contribution to be rolled out soon
π₯Team:
Expanding the core team, hiring a UI UX Designer. Hiring a senior graphic designer
π°Funding:
No exposure to Terra, Luna, 3AC, Celsius, Coinflex or Babel Finance and other protocols. Compared to other DeFi projects, our raise was modest and we have been very prudent with our spending
π₯6
π #AlgoBlocks #DeFi Academy
βοΈ PancakeSwap explained: Bringing sweet deals in crypto
Check it out ππ» https://bit.ly/3Owck8r
βοΈ PancakeSwap explained: Bringing sweet deals in crypto
Check it out ππ» https://bit.ly/3Owck8r
Medium
PancakeSwap explained: Bringing sweet deals in crypto
Since PancakeSwap was launched in September 2020, it took the crypto space by storm and eclipsed its more established peer, Binance DEXβ¦
π4π1
π #AlgoBlocks #DeFi Academy
βοΈ Understanding tokenomics and its influence on the success of a project
Check it out ππ» https://bit.ly/3Rlc7qv
βοΈ Understanding tokenomics and its influence on the success of a project
Check it out ππ» https://bit.ly/3Rlc7qv
Medium
Understanding tokenomics and its influence on the success of a project
Tokenomics, put simply, is the science of token economy. It involves analyzing multiple factors that determine a projectβs success andβ¦
π4
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π₯#AlgoBlocks Exclusive Staking Pool - 1-month countdown for product launch
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πStart from 8 July UTC 08:00 (Active for 1-month, with limited quantities)
β‘οΈRemark on your calendar and visit staking.algoblocks.io to stake $ALGOBLK
πStake $ALGOBLK and get ready for the product launch in August
π Swap NOW:
πPancakeswap - ALGOBLK/BUSD
π°Earn 30.88% APY
πStart from 8 July UTC 08:00 (Active for 1-month, with limited quantities)
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πStake $ALGOBLK and get ready for the product launch in August
π Swap NOW:
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π₯Kyber Networkβs 5 Year Anniversary
π€#KyberSwap X #AlgoBlocks Trading Contest
π°Trade $ALGOBLK on KyberSwap.com to get rewards in $KNC
πTotal Rewards: 20,000 $KNC for 600 lucky winners
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πBonus:
πStake $ALGOBLK and earn 30.88% APY on staking.algoblocks.io
π€#KyberSwap X #AlgoBlocks Trading Contest
π°Trade $ALGOBLK on KyberSwap.com to get rewards in $KNC
πTotal Rewards: 20,000 $KNC for 600 lucky winners
πTrade NOW:
πKyberSwap - ALGOBLK/BUSD
πBonus:
πStake $ALGOBLK and earn 30.88% APY on staking.algoblocks.io
π₯4