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Defi Economy Is Recovering Faster Than Most Crypto Assets After Market Rout
3.6.2021
Decentralized finance (defi) exchanges and tokens are recovering a lot faster than a great number of digital assets that lost more than 40% in value last week. Defi tokens like curve, kyber network, terra, hxro, and more have been seeing double-digit gains. On May 23, the defi economy’s...
Unilend and DYFN Partner Up to Revolutionize DeFi on Polygon
3.6.2021
UniLend is one of the most well-known projects in the DeFi sector. Now, the venture intends to improve its proceedings by partnering with DYFN. The goal of the partnership is to list $UFT on the DYFN exchange. UniLend has earned a well-known stature in the DeFi sector with its flash loans...
DODO Becomes First Member of DeFi Suite of Arbitrum
3.6.2021
In an important announcement, Arbitrum has included DODO in its suite of decentralized applications (dApps). This inclusion will help bring the desired amount of liquidity to the network of multiple blockchains, thereby helping the segment further its influence and appeal among prospective users...
New DeFi ‘passport’ could enable under-collateralized crypto loans
3.6.2021
Arcx has launched a new version of its “DeFi Passport,” Sapphire, promising the pseudonymous on-chain credit check will enable new decentralized finance products
ConsenSys throws its weight behind Uniswap DeFi lobbying proposal
3.6.2021
The controversial proposal is gaining the support of the big players
Analyst says Bitcoin could see ‘a smaller drawdown and a quicker bottom'
3.6.2021
Bitcoin bulls fell short of flipping the $38,000 level to support, and one analyst said on-chain data signals that BTC could see “a smaller drawdown.”
Altcoins and DeFi tokens breakout as Bitcoin price nears a key resistance
2.6.2021
DOGE, KNC and KAVA are just a few of the altcoins that posted double-digit gains as Bitcoin and Ethereum price rallied to key overhead resistance levels
Polygon and AU21 Capital unveil $21M fund to support Polygon developers
2.6.2021
The joint venture fund is intended to provide funding, developmental support and exchange listings to up-and-coming Polygon ecosystem projects
There’s a by-product of DeFi’s boom that is little talked about
2.6.2021
We need to have a conversation about fractionalization, and why this by-product of DeFi’s boom must be properly addressed through the development of cross-chain integrations
Automata Token Officially Launched on Binance Launchpool
2.6.2021
The crypto circuit is witnessing back-to-back project launches, and the latest to join the trend is the Automata token. ATA (Automata Token) recently made its debut on the Binance Launchpool. Now users can stake DOT, BUSD, or BNB to earn token rewards as ATA. Deli Gong (Automata Network’s...
Community-governed DEX EmiSwap raises $104M in private funding
2.6.2021
Despite the recent $21 billion loss in DeFi within the past two weeks, the DEX space is still drawing in high trading volumes and investors are pouring in their funds to assure its future
‘Sidequests,’ sponsorships, and e-sports as DeFi protocols ponder user acquisition
1.6.2021
DeFi projects are starting to get creative with their outreach and marketing strategies
Composable Finance raises $7M for cross-chain and cross-layer DeFi interoperability
1.6.2021
Composable Finance has secured funding from several blockchain investment firms as it seeks to foster greater interoperability in the emerging decentralized finance market
DEX & CEX Trading Volume Exploded in May Surpassing USD 2 Trillion
1.6.2021
May 2021 has been by far the best month for crypto exchanges, both centralized (CEX) and decentralized (DEX) ones, as the total trading volume reached at least USD 2.48trn - a new record.
The number is possibly even greater, but it excludes all the volume from those crypto-to-crypto exchanges that...
Balancer Lab Purchases 24.25 Million in Token With Partners
1.6.2021
Balancer labs partnered with prominent cryptocurrency enthusiasts and potential investors who provided a capital amount of 24.25 million US dollars to fund their operations. Previously Alameda Capital and Pantera Capital were the chief investors who bought BAL tokens straight from the lab’s...
Thailand to target DeFi in latest regulatory clampdown
1.6.2021
A new DeFi yield farming platform in Thailand has rattled regulators
DEFI & NFT Summit Will Bring Together 16+ TOP Experts on June, 10-11
1.6.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
DeFi & NFT Summit is a 2-days online business event dedicated to understanding decentralized finance, NFT market and investment opportunities to take place on June, 10-11. The Summit will bring together...
0x launches DEX liquidity API on Polygon
31.5.2021
Polygon’s decentralized finance footprint continues to grow, with 0x releasing a version of its decentralized exchange liquidity aggregator API on the “Ethereum scaler.”
TRON DeFi Ecosystem Has a New Participant, YFX
31.5.2021
TRON, the leading blockchain-based operating system that aims to build a global digital content entertainment platform, has been making a huge investment in DeFi since 2020. In its effort to solidify its DeFi position in the market, TRON has teamed up with leading platforms like JUST,...
Sheesha Finance Collaborates With Blockchain Australia
31.5.2021
Intending to reshape the industries and the market as a whole, the leading Melbourne-based blockchain solutions provider Blockchain Australia has joined hands with the UAE-based DeFi Mutual Funds Organization Sheesha Finance. The primary focus is to commercialize DeFi incubation projects...