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DeFi TVL hits a record $157B as Ethereum competitors attract investors
26.8.2021
Interoperability-focused projects that offer cross-chain bridges and lucrative liquidity mining pools are seeing an influx of funds right as DeFi’s TVL hit a new all-time high
Ethereum traders expect volatility ahead of Friday’s $820M options expiry
25.8.2021
Overly-confident Ethereum options traders are nervously watching the $3,200 level ahead of this week’s $800 million ETH options expiry
ABEYCHAIN Launches Decentralized Exchange XSWAP
25.8.2021
ABEY Foundation, the organization that oversees the activities of multi-layer blockchain protocol ABEYCHAIN has revealed the launch of XSWAP: its native decentralized exchange. This development is expected to herald the beginning of innovations with the ABEYCHAIN DeFi ecosystem. XSWAP: Built...
Traders pile into altcoins after Bitcoin price bounces at a key support
25.8.2021
Protocol upgrades and a new cross-chain Ethereum bridge back the rally in TLOS, GNO and ALPHA
DeFi Adoption Driven By Seasoned Traders, Investors From High-Income Countries - Report
25.8.2021
Decentralized finance (DeFi) adoption has been primarily driven by experienced cryptocurrency traders and investors which explains why its adoption is more visible in high-income countries which benefit from established cryptocurrency user bases, according to a recent report by blockchain analysis...
SingularityDAO appoints Chris Poulin as CTO and head of AI
25.8.2021
The merger between artificial intelligence and decentralized finance is growing. SingularityDAO focuses on creating AI-driven investment portfolios
CyberFi Collaborates With Wanchain for Crosschain Adaptability
25.8.2021
In a recent development, the automated DeFi crypto network “CyberFi” built an alliance with Wanchain. This business development between the two blockchain networks will enhance the adaptability of CyberFi’s crosschain system offerings ($CFi). Clients of the DeFi network of CyberFi will...
StaFi and Liqee to Introduce Lending Merchandise of rToken
25.8.2021
In a consolidated effort, Decentralized Finance conformity StaFi with the assistance of Liqee, will provide lucrative crypto lending merchandise. The commodity introduced through StaFi and Liqee’s business association is the “rTokens”. These tokens will factor into the lending peculiarities...
Five DeFi projects and Kraken tip in $250K each to support Eth2 client teams
25.8.2021
The Ethereum Foundation will pass the donations on to open-source developer teams including Besu, Erigon, Geth, Nimbus and Nethermind
Celsius becomes first CeFi or DeFi platform to cross $20B AUM
24.8.2021
In March, research from Alpha Sigma Capital suggested that the platform would reach $30 billion in assets under management by the end of 2025
The Launch of ForceDAO on Avalanche
24.8.2021
According to Avalanche price prediction reports, ForceDAO finally announced the launch of structured products and novel strategies of stablecoin on the network of Avalanche. ForceDAO operates on decentralized blockchain networks to bring community investors and strategists together...
DeFi protocol BENQI hits $1B TVL days after launching
23.8.2021
Total value locked across DeFi is fast approaching record highs again, suggesting that crypto is in the second leg of its bull market
This time it’s different: When DeFi meets NFTs
23.8.2021
The success of future crypto products will depend on their ability to engage both decentralized finance and nonfungible token users
The Launch of TimeCoin Marks New DeFi Era for TimeCoinProtocol
23.8.2021
Optimization, as well as rationalization of resources, is the key to any DeFi segment. Only then the sharing economy protocol can do justice to the various applications that are built on them. With the same objective, TimeCoinProtocol has also spearheaded this feature wherein it can channelize...
Bitcoin and Ethereum Remain Supported, BNB Rallies To USD 500
23.8.2021
Bitcoin price started a fresh increase above the USD 48,000 resistance. BTC even surpassed USD 50,000 and tested USD 50,500. It is currently (11:45 UTC) consolidating gains near USD 50,000 with a major support at USD 49,200.
Similarly, most major altcoins are trading in a bullish zone. ETH spiked...
Klaytn Enters Into a Collaboration With Beyond Finance
23.8.2021
Beyond Finance made headlines with the latest announcement of its partnership with Klaytn. This comes with the aim to incorporate decentralized trading of synthetic assets into the Klaytn ecosystem, thereby making the procedure accessible to millions of existing Klatyn users. As a result of...
Integrated DeFi Hub OpenSwap Raises 1.5M USD in Latest Funding Round
23.8.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Hong Kong, Hong Kong, 23rd August, 2021,
OpenSwap, the interchain DeFi Hub and liquidity booster for traders, has raised $1.5 million in its latest funding round.
Led by prominent VC firms NGC Ventures...
What is DeFi, and How Can It Interrupt the Finance Market?
22.8.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
As the crypto market keeps booming, breaking highs and lows, new protocols keep coming in place. The sole purpose of these innovations is to streamline crypto transactions and incorporate nascent protocols in...
DeFi regulation must not kill the values behind decentralization
22.8.2021
The rise of DeFi improves financial inclusion and should be allowed to flourish in a regulated, and thus protected, environment
DeFi proves that charities could be doing more with their money
21.8.2021
DeFi is changing the way the sector operates by using onramps and integrations across blockchains to make giving to charities easier