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Crypto is too big to exist outside of public policies, warns SEC chair
1.9.2021
SEC boss Gary Gensler believes crypto assets need to act within a public policy framework to survive over the long term
Coin Race: Top Winners/Losers of August; DeFi Leads, Bitcoin Lags
1.9.2021
August ended up as another great month for crypto investors, with nearly all of the top 100 coins by market capitalization in the green.
The gains in August came despite the fact that bitcoin (BTC) and many altcoins had already seen a significant rally during the last ten days of July, pushing...
DeFi Is Not a New Concept and Is Misnamed As Decentralized - SEC Chair
1.9.2021
Gary Gensler. Source: a video screenshot, Youtube/Bloomberg Markets and Finance
Contrary to a popular belief, decentralized finance (DeFi) is “not really a new concept,” and also a misnomer, as DeFi platforms have “a fair amount of centralization” that includes governance mechanisms, fee models,...
Cream Finance to repay stolen Ether and Amp via protocol fees
1.9.2021
Cream Finance has identified the AMP integration error that caused a nearly $19 million loss for the protocol and aims to pay users back
DAO Invest to Assimilate Chainlink Keepers
1.9.2021
DAO Invest, a portfolio management ecosystem for decentralized crypto, announced on Tuesday that it will assimilate Chainlink Keepers, a industry yardstick oracle association for powering hybrid smart contracts, to automate passive income payouts for the entire DAO Invest community members on...
Bitpay Implements 1inch Network Support — Wallet Users Can Access Defi, Dex Aggregation
1.9.2021
On August 31, the Atlanta-based cryptocurrency payments services provider Bitpay announced that the Bitpay wallet has integrated the decentralized exchange (dex) aggregator 1inch Network. Bitpay wallet users can utilize 1inch protocol to swap ether or the myriad of ERC20 tokens. The Bitpay Wallet...
Surge in activity and token prices show ‘DeFi Summer 2.0’ already started
1.9.2021
DeFi platforms have seen a steady surge in user activity and token prices, leading some analysts to say that the ‘DeFi Summer 2.0’ is well underway
Illuvium hits new highs as interest in NFT-based blockchain gaming skyrockets
31.8.2021
Attractive staking options, gameplay teasers and the overall strength of the NFT sector back the massive rally seen in ILV price
Metamask Surpasses 10 Million Monthly Active Users, Climbing 1,800% in 12 Months
31.8.2021
On Tuesday, the noncustodial digital currency wallet Metamask announced that the platform has surpassed 10 million monthly active users (MAUs). Year-to-date, Metamask has seen 19x growth since July 2020 as MAUs climbed 1,800% in 12 months. Metamask Hits Over 10 Million Monthly Active Users...
Decentralized exchanges and aggregators drive DeFi growth
31.8.2021
In the DEX segment, aggregation services are likely to continue gaining a bigger piece of the pie at the expense of decentralized exchanges
Ethereum price poised for 40% rally vs. Bitcoin after breaking out of four-month range
31.8.2021
The Ethereum blockchain native asset broke its downward sloping resistance trendline to the upside, triggering a textbook bullish outlook
BitPay wallet integrates 1inch Network DEX aggregator
31.8.2021
Decentralized exchange aggregator 1inch has been integrated into the crypto wallet app BitPay, enabling users to access its rates for their crypto swaps
MetaMask surpasses 10M monthly active users as DeFi continues to surge
31.8.2021
Demand for noncustodial wallets continues to surge amid the DeFi and NFT booms. MetaMask has been a primary benefactor, as active monthly users have grown 19-fold in just over a year
Defi Platform Cream Finance Hacked, $29 Million Lost
31.8.2021
Cream finance, a defi borrowing and lending protocol, has been the victim of a hack that erased more than $29 million from its vaults. The attacker took advantage of a loophole in the implementation for adding the amp token to the protocol. This is the second time the platform has been involved...
Aave, Curve, PoolTogether, Sushi and Others Joining Celo for DeFi Collaboration
31.8.2021
DeFi or Decentralized Finance is a rage in almost all parts of the world. Many had their reservations when DeFi was launched, but the recent trends have brought in the required support. Presently, the community of DeFi is growing at a fast pace and it will soon be open for smartphone users. DeFi...
Fantom price gains 100% after launching a 370M FTM incentive program
30.8.2021
FTM gained 500% in the past 6 weeks and a newly launched $320 million incentive program could see the rally extend further
Decentralized Bitcoin Exchange, USD 100M DeFi Initiative + More News
30.8.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Exchanges news
Payment giant Square and social media giant Twitter CEO Jack Dorsey said that Square's new division focused on creating...
Leading DeFi projects launch $100M global adoption initative
30.8.2021
The initiative — built on the Celo ecosystem — identified the lack of inclusivity and accessibility in the traditional financial markets
BCH Defi Project Detoken to Close Its Doors Over Regulatory Climate Toward Crypto Derivatives
30.8.2021
On August 28, the Bitcoin Cash-based decentralized finance (defi) platform Detoken announced the project is closing its doors on September 4, 2021. The project’s founder, Semyon Germanovich, explained that the main reason for shutting the defi project down is because of the “changing...
Fantom Rallies, Solana Hits USD 100 on Continued DeFi, NFT Craze
30.8.2021
The smart contract platform Fantom and its FMT token stood out as the big winner in the crypto market today, after a massive weekend price rally fuelled by growth in the decentralized finance (DeFi) and non-fungible token (NFT) trading. Meanwhile, the Solana network’s native token SOL also shot...