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Crypto Products – a Norm for US Financial Firms; DeFi Grows
19.5.2021
While the cryptocurrency market is facing a tough period, it is not losing at all. Recently, a leading derivative marketplace announced Micro Bitcoin futures, helping the crypto sector showcase its relevance. The platform will help investors avoid high costs to improve their crypto investment...
LavaSwap’s Upgraded Economic Model is Here
18.5.2021
LavaSwap is coming up with its new economic model by upgrading its DEX platform. In addition, the platform is planning to introduce the line of strategic investors helping to change the mining problem and other issues that will maximize the benefits of LAVA. LAVA is an interoperable decentralized...
Harmony Joins Hands with Knit Finance
18.5.2021
Making an important announcement in the field of decentralized finance (DeFi), Harmony has revealed that it has signed a pact with Knit Finance to enhance the adoption potential of the segment further. Knit Finance is a trusted name in the field of DeFi platforms, and its specialization lies...
YooShi Launches MEME DeFi Token
17.5.2021
The fair launched and community-driven MEME token recently launched by YooShi seems to be both entertaining and profitable. The launch has been unique because it was 100% fair with no presale and no allocation of teams, and therefore no one owns a contract key of the MEME token. If you are hearing...
Greenidge Goes Carbon-Neutral, DeFi Crime Is Picking Up + More News
14.5.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Mining news
The owner of the vertically integrated Bitcoin (BTC) mining and power generation facility in Upstate New York, Greenidge Generation...
Ethereum 'Casino' Whales Dive Into DeFi - Analyst
13.5.2021
The crypto market is hot right now, and rocketing coin prices are raising the stakes for new whale investors who are aiming to get a piece of decentralized finance (DeFi) by buying ethereum (ETH), according to blockchain analytics firm Chainalysis.
According to the latest analysis by Philip...
UniLend Joins Hands with Genesis Shards to Expand Liquidity
13.5.2021
Hailed as a powerful blockchain-infused network leveraging a combination of spot trading and money market services, UniLend Finance has entered into a strong partnership with Genesis Shards, a popular DeFi solution. The integration will facilitate the pre-IDO projects on Genesis Shards to gain...
Rise of YFI & Woofy May Be a Bellwether for Rotation From Ethereum To DeFi
12.5.2021
The rise of Yearn Finance's governance token YFI could be a bellwether for another decentralized finance (DeFi) season, according to market players.
A discussion is currently being led on whether "soonish, money is likely to flow down the [ethereum] risk curve back into DeFi,"...
The Progress of Alchemix with Chainlink
12.5.2021
The protocol of self-paying loans of Alchemix Finance that operates on the Ethereum Blockchain is finally being integrated with the ever-popular Chainlink Price Feeds. The integration is mostly concerned with the mainnet employment of the DAI/USD Chainlink Price Feeds, but this time there will...
DeFi Darling YFI is More Expensive than Bitcoin Yet Again
11.5.2021
Yearn Finance's governance token YFI has once again surpassed bitcoin (BTC) as the most expensive cryptoasset available for purchase.
At 10:18 UTC, YFI is trading at USD 68,454. It went up 22% in a day, as well as 28% in a week and nearly 53% over the last 30 days.
It actually hit its new all-time...
ParaSwap Generates $37 Million in 24 Hours on Polygon
11.5.2021
ParaSwap, the leading decentralized platform for traders, witnessed a profit of $34 million in 24hrs. This profit pushed the finance app to the 17th position on the dApp ranking. The token exchange, launched on Ethereum in 2020, was further positioned in the Polygon platform by April 2021....
Kava Launches Kava Swap Liquidity Hub Project
11.5.2021
Kava Labs has announced its new project that will offer its financial Services and DeFi apps under the new liquidity hub based on the cross-blockchain utility. The new project dubbed Kava Swap will offer the services of aggregating the capital, which can then further be deployed across...
Enterprise DeFi to Empower Monetary Inclusivity
10.5.2021
Organizations across the world are gearing up to be a part of the DeFi ecosystem to make the best of the opportunities of improving the latest fiscal operations and optimizing the management of liquidity by the employment of the high-fidelity financial devices of DeFi. With the gradual launch...
Bank of Japan Identifies DeFi Pros & Cons, Mentions Uniswap, Yield Farming
7.5.2021
The Bank of Japan headquarters. A Bank of Japan (BoJ)-issued review has tackled the topic of decentralized finance (DeFi) – and has concluded that while certain “risks” are entailed with DeFi adoption, there could be some positive aspects to greater DeFi proliferation.
The review was published...
Cardstack and Chainlink Oracles to Merge for Secure Exchange
7.5.2021
Card Pay by Cardstack, a consumer-oriented cryptocurrency exchange platform, will integrate Chainlink, decentralized finance (DeFi) system. This integration will help them set a fixed and highly accurate price rate for cryptocurrency exchanges on the Cardstack platform. The charges cannot...
Federal Reserve Bank Paper: DeFi May Cause a Paradigm Shift
6.5.2021
The world is moving towards complete digitization, and measures like DeFi and cryptocurrencies play a big part in it. Ethereum is major crypto, and even the Federal Reserve Bank proved it as well. The institution recently released a paper stating how Ethereum will help the DeFi sector...
UNI Outperformed By Competitors After Uniswap Launched Its Third Version
6.5.2021
The native token of major decentralized exchange Uniswap (UNI) is outperformed today by its competitors after it launched its much-anticipated v3 yesterday.
At 7:49 UTC, UNI is down 5% in the past 24 hours and 3% in a week, trading at USD 41.5. As such, it has the 7th highest (per Coingecko)...
Gnosis Safe Multisig Now Accessible on Harmony
5.5.2021
Harmony, the dApp-focused organization, which last year deployed the latest version of its Blockchain, has announced that Gnosis Safe Multisig is now available on its platform. In recent times, users on Harmony can use NFT marketplaces, Ethereum, and decentralized exchanges with the help...
Kwikswap Becomes the First Project to be Built on Reef Chain
3.5.2021
Reef, the esteemed yield engine and smart liquidity aggregator, recently announced Kwikswap to become the first project ever built on the Reef Chain. The platform is already renowned for its esteemed projects, and Kwikswap’s association with the platform will certainly enhance its market...
Vesper Integrates ChainLink for TVL Data; Unveils LINK Pool
30.4.2021
Vesper Finance, the leading DeFi ecosystem for crypto coins, announced that it has partnered with ChainLink to establish the US dollar price of Total Value Locked (TFL). In its press release, Vesper said it wants to work with leaders delivering technologies that support the company’s...