Hex Trust to Launch USDX Stablecoin on Flare, Offering Real-World Yield

May 21, 2024 Bitcoin.com

bitcoin.com

On May 21, 2024, Hex Trust Group announced the introduction of a native stablecoin, USDX, for the Flare network. Hex Trust also revealed that a Clearpool vault, enabling holders to earn a real-world yield, will debut alongside USDX. Hex Trust’s USDX Stablecoin and Clearpool Vault Aim to Enhance Flare’s Defi Ecosystem Founded in 2018, the […]

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This Chainlink Competitor Could Explode by up to 230% From Current Level, Says Arthur Hayes-Linked Crypto Fund

May 11, 2024 The Daily Hodl

Altcoins

Maelstrom Fund, an early-stage crypto investment fund operated by Arthur Hayes’ family office, is expressing bullish sentiment on a relatively new blockchain oracle digital asset. The early-stage fund says that Chainlink (LINK) rival Flare (FLR) is “likely undervalued” currently. “Chainlink’s early mover advantage has given it a sizable head start, with countless projects having already […]

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Flare Network Launches Monthly Token Airdrop As FLR Price Craters Amid Bearish Crypto Market Movement

June 18, 2023 The Daily Hodl

Airdrop

Layer-1 blockchain project Flare Network (FLR) has launched its fourth monthly community airdrop for token holders. According to the project’s website, Flare’s monthly drops can be claimed by all Wrapped FLR (WFLR) holders. WFLR holders must have held the wrapped token for 23 days before each claim day to be eligible to claim a portion […]

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2023’s Crypto Gainers: Decentraland’s MANA Token Outperforms Bitcoin With 88% Increase in One Week

January 17, 2023 Bitcoin.com

1 week stats

The cryptocurrency economy is doing well during the third week of the new year, compared to the end of 2022. It is currently valued at $993.17 billion, as many digital assets have seen double-digit gains during the last two weeks. While some of the top ten cryptocurrencies, like bitcoin and ethereum, are performing well, a […]

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Flare Network Plunges 87% As Long Awaited Airdrop to XRP Holders Goes Live

January 10, 2023 The Daily Hodl

Altcoins

The highly anticipated Flare Network (FLR) airdrop to XRP holders has finally taken place, and has so far resulted in a sell-off for the long-awaited token. Flare Network, with its native FLR token, aims to essentially bring smart contract capabilities to various blockchain networks, starting with XRP and later Litecoin (LTC). FLR was distributed to XRP holders […]

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Integrating Decentralized Cross-Chain Communication Makes Bridges ‘Substantially Safer’ — Flare Networks CEO

January 2, 2023 Bitcoin.com

bitcoin.com

Although they grabbed less media attention than the collapse of centralized organizations, the so-called bridge exploit incidents in 2022 again proved that the decentralized finance (defi) ecosystem still lacks sufficiently secure solutions, Hugo Philion, the co-founder and CEO of Flare Networks, has argued. Philion insists that the lack of such secure solutions has constrained the […]

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Flare Network (FLR) Details Much Anticipated Launch, Including ‘Large Airdrop’ Plans for XRP Holders

October 7, 2022 The Daily Hodl

Airdrop

The Flare Network (FLR) is unveiling new details on its long-awaited launch with token airdrop plans for XRP holders. The Flare Network’s blockchain project with its native FLR token is intended to improve functionality on other blockchain networks by introducing smart contract capabilities. The project is starting with the open-source digital currency XRP. According to […]

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flare network