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Defi Derivatives Exchange Dydx Raises $65 Million – Project Plans to ‘Launch a Mobile Application’
16.6.2021
The decentralized exchange (dex) Dydx announced the organization has raised $65 million in a Series C funding round led by Paradigm. The Dydx announcement notes that the additional capital will be leveraged to “significantly improve liquidity” on the dex platform “through...
Curve Finance’s new release positions project for AMM takeover
9.6.2021
ETH, WBTC, and USDT trading pairs are live on Ethereum, and more trading pairs are expected to be added to the platform in the coming weeks
SOLANAX: FASTEST Decentralized Exchange Built on Solana Blockchain
8.6.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
The Bunker of Global Decentralized Finance
Solanax is a new DeFi protocol built on top of the Solana network that will catapult Decentralized Finances to unprecedented performance levels. As a decentralized...
Cardano-Based Decentralized Exchange Hosting its IEO on ExMarkets
8.6.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
The crypto project ADAX is having its Initial Exchange Offering on the 11th of June. The IEO is set to take place on ExMarkets’ IEO launchpad. ExMarkets is a well-known crypto crowdfunding platform and is used...
Private Sale of Cardano-native Decentralized Exchange (ADAX) Ends
7.6.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
The crypto market has faced a period of solid correction with most currencies plunging more than 50% from their recently achieved all-time highs. The only noticeable token in the top currencies that...
Altcoin Roundup: Post-crash prices give investors a chance to build a diversified portfolio
5.6.2021
Looking to build a diversified crypto portfolio? DeFi, stablecoins and oracles are three cornerstone sectors to consider
ADAX, State-of-the-Art Decentralized Exchange Protocol on Cardano!
31.5.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
We are excited to introduce ADAX, a new DeFi protocol based on the Cardano network to revolutionize transactions. The weaknesses of the current proof-of-work (PoW) consensus design of the Ethereum main-net are...
1inch integrates with Mercuryo, enabling fiat onramp to DeFi
27.5.2021
1inch Wallet users can now purchase DeFi assets through Mercuryo’s fiat onramp gateway
Defi Economy Lost $20 Billion This Week, Decentralized Exchange Volumes Still Sky High
20.5.2021
While crypto markets, in general, have been dropping significantly in value, the decentralized finance (defi) economy has shaved more than $21 billion during the last week. Statistics show that the total-value locked (TVL) in defi touched $87 billion on May 11, and since then the aggregate total...
Ethereum-based DeFi platform DeversiFi raises $5M in strategic investments
18.5.2021
The investment round was led by ParaFi Capital alongside Defiance Capital, Lightspeed Venture Partners, Blockchain Ventures, Fenbushi Capital, OKEx, StarkWare and Longhsh Ventures. Angel investors from Synthetix, Aave and Enzyme also participated
Polygon active users grow by 75,000 as DeFi boom continues
17.5.2021
Data from DappRadar shows rapid uptake of Polygon-based decentralized applications. The network now has 93 functioning dapps, up considerably over the past four weeks
Kenya Based Technology Firm Switches to Pancakeswap, Cites High Gas Fees on Uniswap
17.5.2021
In its bid to help users avoid high gas fees on Uniswap, a Kenya-based fintech firm, UTU, recently launched a liquidity pool on the decentralized exchange (dex), Pancakeswap. This launch enables prospective UTU coin buyers to acquire the token “with low fees and fast confirmation...
DeFi growth helps push crypto’s share of the global money supply above 2%
16.5.2021
The cryptocurrency market now accounts for 2% of the global money supply as DeFi and stablecoin growth point to steady increases in adoption
Maximalists at the movies: Bitcoiners crowdfunding anti-FUD documentary film
16.5.2021
A crowdfunded effort aims to set Elon Musk and the mainstream media straight
1inch Network increases liquidity sources by expanding to Polygon
13.5.2021
Polygon, formerly known as Matic, offers 1inch Network more capabilities, including higher throughput and access to large liquidity pools
Balancer protocol launches version 2 of its automated market maker
11.5.2021
Automated market makers, or AMMs, have become a staple of the rapidly growing DeFi industry
GameStop saga paves the way for a new decentralized financial order
9.5.2021
The GameStop saga may indicate a paradigm shift in the financial system or even the creation of an entirely new one
IDEX's ‘hybrid liquidity pool’ aims to tackle some of DeFi’s biggest problems
6.5.2021
DeFi’s tremendous growth hasn’t come without obstacles; the nascent industry still struggles with high costs, failed trades and front-running
Democratizing Defi Data- Dechart DAO Launches Version 1.0 Trading Platform
6.5.2021
On May 6, 2021, the total locked value (TVL) held by decentralized finance (defi) is more than $77 billion. Much of this money is used by decentralized exchange (dex) platforms and liquidity pools. With dex platforms capturing over $2 billion in trade volume daily and $18 billion during the last...
We all know the issues with DeFi — but what are the answers?
30.4.2021
High costs and transactions prioritized by gas fees often make using DeFi protocols challenging to say the least. Does it really need to be this difficult?