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Defi Market Cap Drops 25.1% in One Day: Proponents Say Tokens Self Correcting


The latest data from Santiment shows that the collective market capitalization of all defi-related assets dropped by 25.1% on October 7, while daily trading volumes went down 30.2%. The data also shows popular defi tokens like Sushi took heavy knocks after dropping by 50.9% during the week. Also...

Bitcoin Defi: Smart Contract Platform RSK Integrates ETH-Based Stablecoin DAI


On October 6, 2020, the RIF (RSK Infrastructure Framework) development team announced that the Makerdao project’s DAI stablecoin is now available via the smart contract protocol RSK. According to the software engineers, RIF developers leveraged the RSK-Ethereum token bridge and individuals...

Crypto Adoption Advocate 1xBit Adds EOS to Its Sportsbook and Casino


October 8th 2020, Limassol, Cyprus – 1xBit Casino Sportsbook has announced its support for one of the markets hottest cryptocurrencies, EOS. The PoS (delegated-proof-of-stake) token is used on the EOS platform for developers to build Dapps, but also offers the everyday user a rapid, free...

Yearn Finance Token Value Slides 67%, While Locked Value Loses Over $300M


Yearn Finance’s native token YFI has been seeing significant capitulation as the price has dropped from an all-time high (ATH) of $43k in mid-September to today’s $13,875 USD value. Despite the -67.7% loss since the token’s ATH, the Yearn Finance project still has around $624...

BMW Rolls Out Blockchain-powered Token Rewards Platform in South Korea


Source: Adobe/bizoo_n BMW Korea has launched a blockchain-powered “lifestyle” platform that rewards South Korean car owners with tokens they can redeem against flight tickets and maintenance payments. Per Aju Kyungjae, BMW Korea stated that the platform, named BMW Vantage, would be "launched...

Stablecoin Supply Doubles in 3 Months as Combined Market Cap Surpasses $20B


2020 has been the year of stablecoins, as the token supply has doubled in the last three months. The aggregate market capitalization of 28 stablecoins captures over $20 billion on October 4, 2020. While tether still dominates the stablecoin ranks, USDC has been moving closer toward the top...

ETH Volumes Top $119.5 Billion in Q3: High-Risk Dapps Dominate Tron Network


A recent report says total Dapps transaction volumes reached $125 Billion in Q3 2020, a figure which is $113 billion higher than in Q2 2020. From these volumes, the Ethereum blockchain accounts for 96% or $119.5 billion of the total created value with the majority of this being attributed to...

With Round 1 Fully Sold Out, ClinTex Launches Round 2 of the CTi Token Sale


2nd October 2020, London, United Kingdom: The lack of coordination, and major issues with bureaucracy are taking a heavy toll on the medical trials industry. Costing anywhere from $600,000 to upto $8 million USD per day, every single day a medicine is delayed not only leads to huge financial...

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