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Aave founder hints at developing ‘Twitter on Ethereum’
17.7.2021
Jack Dorsey announced earlier this week that Square Inc. is building a new open-source platform for non-custodial Bitcoin services
DeNations Hosts NFT Art Exhibition, Celebrating Genesis Block of the DeNations Art Chain
17.7.2021
PRESS RELEASE. Defi and blockchain-powered Metaverse, DeNations launches NFT art minting platform, giving away free yield-bearing NFT art to NFT art collectors DeNations is a blockchain-powered metaverse platform based in Hong Kong that everyone can own nations, build cities/civilizations, and earn...
Cardano Launches Testnet to Move Closer to Smart Contracts, Polymarket Odds Bet Against Project
17.7.2021
On July 14, IOHK, the Cardano network developers, announced the project’s latest testnet called Alonzo white has been deployed. IOHK detailed that it has onboarded new participants and the move will help the project move “closer to smart contracts.” Two days later, a Cardano-based...
Data Shows Decentralized Finance Took a Hit in Q2 but Is Still Booming
17.7.2021
While decentralized finance took a hit in Q2, stats still show there is an important movement in these protocols. Data taken from Messari’s Q2’21 defi review show that decentralized exchanges are busy settling important numbers. Decentralized Finance Bruised but Still Up...
Altcoin Roundup: Data shows social metrics surge ahead of DeFi and NFT price rallies
17.7.2021
Analyzing Twitter mentions and Google Trends data is another way traders keep an eye on emerging trends and sector rotations in the cryptocurrency ecosystem
Harmony announces $1M hackathon aimed at merging traditional finance and DeFi
16.7.2021
The hackathon will run for roughly six weeks from Aug. 15 to Sept. 30 and include four challenges from three different categories
Success in DEX? Fast-growing crypto exchanges may hurt DeFi investors
16.7.2021
As DEXs continue to accrue billions of dollars in TVL within days of their launch, some question whether they are manipulating their numbers
DeFi can be halal but not DOGE? Decentralizing Islamic finance
16.7.2021
Drops Loans Launch on Ethereum Mainnet
16.7.2021
Drops Loans finally made the most exciting announcement of deploying the Drops Loans protocol on the Ethereum mainnet. Drops is the foremost platform of the world for trust-less borrowing of loans against NFT-based assets and NFTs. The protocol shall commence its operation on the Ethereum mainnet...
Square Targets Bitcoin DeFi Business
16.7.2021
Jack Dorsey. Source: a video screenshot, Youtube/Ted
Twitter CEO Jack Dorsey-led US-based payments company Square doubled down on its Bitcoin (BTC) strategy with decentralized finance (DeFi)-related plans.
"Square is creating a new business (joining Seller, Cash App, & Tidal) focused...
DeFi on Bitcoin: Jack Dorsey launches new Square division to make it 'easy'
16.7.2021
Jack Dorsey has outlined plans to build an open developer platform focused on creating Bitcoin DeFi services
3 altcoins showing signs of accumulation while Bitcoin price is down
15.7.2021
DeFi and NFT-related tokens like GHST, CNS and TLM defied the market’s bearish mood to post double-digit gains in the past 48-hours
Analyst highlights 3 macro metrics that clearly show DeFi sector growth
15.7.2021
Taking a bird’s-eye-view of the DeFi sector shows that even though asset prices are down, the ecosystem continues to rapidly expand
UK's FCA Targets Young Crypto Investors, DeFi Hacks + More News
15.7.2021
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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Investment news
The UK Financial Conduct Authority (FCA) has created a GBP 11m (USD 15.3m) digital marketing campaign to warn its younger...
1inch Foundation launches $3M grants program for DeFi developers
15.7.2021
The grants program will be distributed to developers over the next 12 months via 1INCH tokens
Australian digital finance industry wants to legally recognize DAOs
15.7.2021
A new legal initiative in Australia wants to allow DAO project governors to contract with other legal entities through DeFi tools
Barnbridge Introduced on the Polygon Network
15.7.2021
BarnBridge made the most exciting announcement of launching on Polygon Network by deploying its smart applications SMART Exposure and SMART Yield on the network. According to Polygon MATIC price prediction, the Polygon market of Aave is around 30% of the volume of the v2 market on the mainnet...
Bondly Finance urges users to stop trading following alleged exploit
15.7.2021
The DeFi platform’s native token price dropped more than 60% following a compromise by an unknown party
'DeFi Education Fund' defends controversial $10.2M UNI liquidation
15.7.2021
The DeFi Education Fund has defended its shock liquidation of $10 million in UNI, claiming the move was necessary to “begin its work and fund future operations.”
Bonded.Finance: DeFi Diversification to Combat Hyper-Inflation & Volatility
15.7.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
Decentralized finance (DeFi) is growing at an unprecedented rate, pushing the financial services industry into an era of reinvention and adapting to modern trends. However, DeFi is still in its incredibly...