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Binance Smart Chain Dethroning Ethereum as Backbone of Defi Ecosystem
28.7.2021
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
The blockchain ecosystem witnessed explosive growth in 2020, thanks to the surging popularity of DeFi and NFTs. The growth has amplified the limitations...
ZKSwap’s V2 mainnet is set to go live tomorrow
28.7.2021
ZKSwap’s V2 upgrades include unlimited token listings and faster withdrawal times
Here’s why DinoSwap’s (DINO) TVL rose above $330M a week after launch
27.7.2021
High yield opportunities and a steady resurgence in DeFi tokens helped push DinoSwap’s TVL above $330 million just one week after launch
Stacks AMM Revealed, Native Bitcoin Swaps Executed With Proof-of-Transfer Protocol
27.7.2021
According to a recent report, the first trust-less swap between the Bitcoin blockchain and Stacks protocol has been executed. The co-founder of the Stacks protocol, Muneeb Ali tweeted about the native bitcoin swap and said the progress is a big deal. Trust-less Native Bitcoin Swap Executed With...
Goldman Sachs Files Defi ETF Application
27.7.2021
Goldman Sachs, one of the biggest banking institutions in the world, has filed an application to offer an Exchange Traded Fund (ETF) linked to the performance of decentralized finance (defi) companies. The instrument, if approved, would help institutions and retail investors gain exposure to defi...
Reef Finance Introduces Hypersign to its Ecosystem
27.7.2021
Another feather was added to the crown of the ever-expanding ecosystem of Reef Finance, titled Reef Ecosystem when it welcomed Hypersign. This business enterprise specializes in providing solutions for decentralized identities (DID). Hypersign has become the latest name in the long list of solution...
Goldman Sachs DeFi ETF Prompts Confusion On What It Really Is
27.7.2021
The financial heavyweight Goldman Sachs is hoping to launch an exchange-traded fund (ETF) that tracks public firms, one way or another working in the blockchain-related sphere. The ETF would track an index but its composition (and the firm’s definition of DeFi) has seen much derision aimed its...
Goldman Sach's new 'DeFi' ETF is anything but
27.7.2021
Goldman Sachs has filed for a “DeFi” ETF that will track major stocks including Nokia, Google, and Fujitsu
Thorchain Trolled by Hacker After Two Successful Seven-Figure Exploits
27.7.2021
Thorchain, a popular defi protocol, has been compromised twice in the last two weeks, resulting in losses of over $10,000,000. The hacker responsible for the latest exploit left behind a message detailing the measures that should be undertaken to protect users. Hacker Returns to the Scene...
DeFi tokens book double-digit gains after Bitcoin rallies above $39,000
26.7.2021
AMP, XVS and RSR price saw strong breakouts after a short squeeze sent Bitcoin price within a hair of the $40,000 level
Binance Smart Chain Creates a $10 Million Bug Bounty Fund to Tighten Protocol Security
26.7.2021
The Binance Smart Chain has launched a $10 million bug bounty fund for projects building on top of the protocol, called “Priority One.” The initiative aims to keep the blockchain network secure by encouraging bug bounty hunters and ethical hackers. Binance Smart Chain Reveals...
How crypto can modernize the world of lending
26.7.2021
Crypto lending offers powerful advantages when compared with the status quo, including more competitive interest rates and flexible terms
Crudeoil Finance & the Collective Form a Strategic Alliance
26.7.2021
In a partnership of strategic interest, Crudeoil finance has decided to come together with Collective to explore opportunities in the space of global marketing and customer growth. Crudeoil Finance has carved a place for itself in the Decentralized Finance (DeFi) space, thanks to its unique...
DeFi projects face a painful dilemma right now as they seek ‘the holy grail’
26.7.2021
Many DeFi projects face a painful dilemma: Should their protocols be designed for professional traders, or everyday consumers yet to embrace crypto in their masses?
DeFi cannot be fully regulated, Siam Commercial Bank president says
26.7.2021
Dr. Arak Sutivong, CEO of SCB 10X, believes DeFi requires a framework for long-term and sustainable interactions with traditional finance
Finding the sweet spot: Traditional financial institutions ready for DeFi
25.7.2021
With the announcement of Aave Pro, a DeFi platform exclusively for institutional investors, the big boys may finally be getting ready to play with blockchain
Users Criticize Uniswap’s Decision to Remove Over 100 Tokens From Main Interface
25.7.2021
The largest decentralized exchange (dex) platform, in terms of trade volume, Uniswap has revealed the dex has removed a number of tokens from the platform interface. The community assumes the tokens could be deemed securities by global regulators. Uniswap users can still swap these tokens...
SpaceX owns BTC, daily Dogecoin volume soared to nearly $1B in Q2, Grayscale eyeing DeFi and ETF: Hodler’s Digest, July 18–24
24.7.2021
DeFi industry draws in commercial banks? Siam bets with $110M fund
24.7.2021
Thailand’s oldest bank sees blockchain and DeFi as the future of global finance and is seeking to invest in the emerging digital landscape
Just HODL! Bitcoin and Ethereum outperform ‘lower risk’ crypto index funds
24.7.2021
Data from Delphi Digital shows holding BTC and ETH was more profitable than investing in weighted average market cap crypto and DeFi index funds