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$100 Swaps: Ethereum Dex Volumes Saw $39 Billion Last Month Despite ‘Insane’ Trading Fees
16.1.2021
During the last 12 months, Ethereum-based decentralized finance (defi) solutions and decentralized exchange (dex) platforms have been very popular. Dex applications, in particular, have seen massive demand and during the last 30 days, dex trade volumes have reached $39 billion in swaps. However...
Africa to bring 100 million users to DeFi in three years from now, says founder of Cardano
15.1.2021
Cardano founder Charles Hoskinson predicts that the DeFi revolution will take place in the developing world
IOST in the First Batch of Blockchains to Support HUSD Stablecoin
13.1.2021
PRESS RELEASE. IOST, an enterprise-grade, decentralized, and ultra-fast network oiled with the Proof-of Believability consensus algorithm, is integrating the HUSD stablecoin, according to an announcement on 13 Jan 2021. HUSD is a safe and secure dollar-pegged stablecoin issued by Stable Universal...
xSigma DeFi Offers Lucrative Rewards for Liquidity Providers, Whitepaper Released
13.1.2021
xSigma is an upcoming stablecoin DEX protocol developed by the first DeFi project backed by a NASDAQ-listed company. In order to attract liquidity providers to supply their stablecoins to the decentralized exchange, the protocol will feature a lucrative rewards system for liquidity mining....
Stacks 2.0 Advances Bitcoin Into the Age of DeFi and Creates a New Way to Earn BTC
12.1.2021
Stacks 2.0 is set to revolutionize the internet itself by empowering a decentralized and user-owned ecosystem built on top of the most secure blockchain in the world. This will be achieved by bringing apps and smart contracts anchored to bitcoin. The innovation will also create a brand new way...
HashKey Capital Invests $5M in Decentralized Storage Project Filestar
12.1.2021
The $5 million grant will go towards funding the day-to-day operations of Filestar's foundation
Ethereum-Based Nexus Mutual Expands Its Decentralized ‘Insurance’ to Centralized Exchanges
12.1.2021
A way to be covered in the event of an exchange hack
Now Is the Time to Advance the Decentralized Web
11.1.2021
After the U.S. Capitol insurrection and Twitter's unilateral ban of President Trump, decentralizing the web has never been more necessary
Emerging DeFi Platform YFDAI Finance Launches SafeSwap and Launchpad, More Products to Follow
11.1.2021
PRESS RELEASE. YFDAI Finance, a prominent decentralized finance (DeFi) project has recently announced the launch of two prominent products as it works towards strengthening its position in the sector. These products include SafeSwap – a DEX (decentralized exchange) platform for the YFDAI...
Aragon Acquires Voting Project Vocdoni to Flesh Out Decentralized Governance Stack
11.1.2021
The Aragon Association has acquired Vocdoni, a decentralized voting project born out of the Catalan independence movement
ETH Fees Surge to All Time High After the Crypto Passed the $1,000 Mark
10.1.2021
After the ether token surged past the $1,000 mark on January 3, the average transaction fee on the network similarly soared to a new all-time high (ATH) of $17.41, some 24 hours later. Although the average fee has since retreated, data on January 8 shows that the latest average fee at $9.79. This...
‘Decentralized Court’ Aragon Association Hit With Flurry of Resignations
7.1.2021
Twelve staffers of the Aragon Association (AA) announced their resignations Thursday due to an apparent lack of financial transparency
Stanford group becomes 9th largest Uniswap delegate, overtakes UC Berkeley
6.1.2021
Post-secondary institutions appear to be flocking the Uniswap exchange. A Stanford student group just confirmed it has become a Uniswap delegate with more than 2.5 million votes
Blockchain Projects Detoken and Anyhedge Launch Bringing Defi to Bitcoin Cash
30.12.2020
On December 30, the decentralized finance (defi) platform Detoken and the firm General Protocols announced the launch of Anyhedge, the first public defi product built on the Bitcoin Cash network. Detoken users will be able to hedge or long their bitcoin cash and earn a funding premium while holding...
Attackers Drain Millions From Cover Protocol, Token Holders Attack Compensation Plan
30.12.2020
Decentralized finance insurance project Cover protocol briefly suffered losses when an unknown attacker minted over 40 quintillion Cover tokens. However, after successfully cashing out tokens worth about $5 million, the attacker unexpectedly returned ether tokens valued at about $3.2 million before...
How DeFi trading is evolving after a whirlwind 2020
30.12.2020
Although DeFi’s market cap has surged by 2,100% over the course of 2020, critics argue that the industry needs to evolve to be on a more sustainable footing
SwapDEX Shows How an All-in-One Decentralized Exchange Can Function
30.12.2020
The text below is an advertorial article that was not written by Cryptonews.com journalists.
The crypto landscape has changed many times over the past 12 years, and it is nearly unrecognizable from the early days. Countless issues were resolved since 2009, and while some big ones still persist...
Is Defi Coming to Bitcoin Cash? An Overview of Detoken and the Anyhedge Protocol
30.12.2020
Maybe you’ve heard of Anyhedge. Last April, news.Bitcoin.com published an article about its announcement, but what is it really? What does it do, and how’s it work? The Anyhedge Protocol Anyhedge is an open-source protocol. It is simply a way to use the blockchain (in this case,...
Crust Network Launches Crust Storage Market, Decentralized Cloud Service Built on Polkadot
29.12.2020
PRESS RELEASE. One of the star projects of the emerging Polkadot ecosystem, Crust Network, recently completed a several million dollar Series A financing round in September, with investors including NGC Ventures, SNZ, HashCIB, DFG, KNS Group and AU21 Capital. In 2020, Crust Network joined...
Expert: Defi Could Be a Common Term in the Financial Industry in 2021
26.12.2020
The founder of defi-related fintech Yield believes 2021 will be the year that decentralized finance (defi) becomes a “common term” in the financial industry, as the sector is now taking it seriously and building R&D labs. The Financial Industry Is Now Taking Defi Seriously, Says...