Tagged: balancer

Coinbase Pro Adds Trading Support for Balancer (BAL) and Ren (REN) Tokens

US-based crypto exchange Coinbase will be allowing Coinbase Pro users to trade Balancer (BAL) and Ren (REN) tokens. The exchange confirmed: “Today October 1, 2020, transfer BAL and REN into your Coinbase Pro account ahead of trading. Support for BAL and REN will be available… Read More

DeFi will Succeed with Only a “Reallocation of Capital” from Top 30 Cryptos which are Mostly Dead Projects, Ethereum Advocate Argues

The decentralized finance (DeFi) ecosystem has a market cap that is roughly equivalent to merely 1.5% of the market capitalization of the much-larger cryptocurrency market, according to data from Messari. Messari, a digital asset market analytics company, reveals that the market capitalization of all DeFi… Read More

The Graph Launches Incentivized Testnet, Mission Control, After Securing $5M in Funding to Decentralize the Query Layer of DeFi and Web 3.0

The Graph announced on July 27, 2020, the launch of Mission Control, which is described as The Graph’s incentivized test network (testnet). The Graph serves as an indexing protocol for “organizing and efficiently accessing” data from blockchains and storage networks. The Graph supports indexing data… Read More

Decentralized Apps Experience Dramatic Surge in Activity in June 2020, Led by $500 Million Increase in DeFi Protocol Compound’s Balance Sheet

The blockchain-based decentralized applications (dApps) ecosystem appears to have experienced significant growth during Q2 2020. As expected, most of the development involved decentralized finance (DeFi) apps running on Ethereum (ETH), the world’s largest smart contract platform. Decentralized (or non-custodial) crypto exchanges (DEXs) led the way… Read More

Balancer, a “Decentralized” Finance Protocol, Votes to Implement a Quick Codebase Change to Prevent Large Players from “Gaming” the Platform

The developers of Balancer, a “decentralized” digital asset manager and protocol, has reportedly made changes to its codebase, in order to limit or prevent large players from taking advantage of the platform to mine Blancer’s BAL governance tokens, instead of using them for crypto-asset trading…. Read More

DeFi: Balancer, a Decentralized Digital Asset Manager, Secures $3 Million via Seed Round Led by Accomplice, Placeholder

Balancer Labs, a non-custodial asset manager, has secured $3 million in funding through a seed round led by Accomplice and Placeholder. Established in 2018, Balancer began operating as an initiative under BlockScience, a data analytics company. The project has been inspired by the development of… Read More

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