Tagged: compound

August 30, 2022 @ 8:13 am By Omar Faridi  |  

Robert Leshner, the full-stack founder of Compound, notes that transparent, fair, autonomous interest rate markets should be available for all consumers. Compound launched in September 2018, and was reportedly “the first instance of user-to-protocol (rather than peer-to-peer) collateralized borrowing.” The ideas and innovations from this… Read More

December 8, 2021 @ 11:47 pm By Tony Zerucha  |  

New research from digital institutional investment platform VALK shows professional investors are increasingly focusing on cryptocurrency and digital assets as worries about stretched equity valuations and poor yields in the fixed income markets grow. Its study among professional investors working in eight major economies for… Read More

October 3, 2021 @ 11:31 am By Omar Faridi  |  

Gro, the “protected” stablecoin yield farming protocol, is pleased to confirm that Jake Chervinsky, General Counsel at Compound Labs, will be joining the Gro team as a “strategic” advisor. As mentioned in a release shared with CI, Jake brings “a wealth of experience in the… Read More

July 27, 2021 @ 3:09 pm By Tony Zerucha  |  

Bitcoin’s recent travails are a reminder to retail investors to watch the whales, GlobalBlock sales trader Alexandra Clark said in a recent research note. After dipping to $29,393, signs show Bitcoin is on the upswing, Clark said. A group of Bitcoin whales purchased a total… Read More

July 8, 2021 @ 5:28 pm By Omar Faridi  |  

Nate Maddrey and the other researchers at Coin Metrics note that Ethereum (ETH) gas prices have dropped down to their lowest levels since March, of last year. Although a few months back, average gas price consistently reached 150-200 GWEI, the average gas price has now… Read More

May 18, 2021 @ 12:00 pm By Omar Faridi  |  

James Wang, an experienced crypto analyst who says that Ethereum (ETH) could be the “last investment of your life,” points out that the world’s largest smart contract platform isn’t merely a cryptocurrency. Wang explains that Ethereum is a complete software platform with a rapidly increasing… Read More

April 24, 2021 @ 1:25 pm By Omar Faridi  |  

Brandon Iles, Co-founder at Ampleforth, a digital asset protocol for synthetic commodity money, notes that the launch of the FORTH governance token is an “important step” for the initiative’s path toward “decentralization.” Iles has commented on the basics of how the FORTH governance token works,… Read More

February 28, 2021 @ 6:34 pm By Omar Faridi  |  

Crypto exchange OKCoin confirms in a new report that Ethereum (ETH) scaling has recently seen a boost, while the total value locked in decentralized finance (DeFi) has plummeted. DeFi pulse data shows that there’s currently just under $35 billion worth of value locked in DeFi… Read More

December 21, 2020 @ 11:21 am By JD Alois  |  

  Last month Republic, a leading investment platform and crowdfunding marketplace, announced it had acquired the assets of NextSeed small business investment platform for an undisclosed amount. NextSeed co-founder and CEO Youngro Lee became Chief Operating Officer of Republic while remaining CEO of NextSeed Securities… Read More

November 11, 2020 @ 8:16 pm By Omar Faridi  |  

CoinList, a top primary digital asset issuance platform, has announced that it will be listing Compound (COMP) and Celo Dollars (cUSD). The CoinList team stated that their customers are always asking them to add support for new high-quality digital assets. That’s why CoinList decided to… Read More

October 24, 2020 @ 11:10 am By Omar Faridi  |  

The system-wide Ethereum 2.0 upgrade is now just a few weeks away. As the date of the planned update gets closer, the ETH price keeps rising. Ethereum (ETH), the world’s second-largest cryptocurrency by market cap and adoption, has surged 15% this past week (trading at… Read More

September 28, 2020 @ 9:49 pm By Omar Faridi  |  

Crypto exchange OKCoin confirms that they recently listed Uniswap’s UNI governance token and are now planning to list cUSDC and cUSDT tokens from Compound, which is another major algorithmic money market developed on Ethereum (ETH). As explained by the OKCoin team, UNI is the governance… Read More

August 9, 2020 @ 3:55 pm By Omar Faridi  |  

Leading decentralized finance (DeFi) protocol Compound (COMP) has introduced its own permissionless (public), upgradable price feed. A price oracle is a third-party, “decentralized” feed that offers the data needed to process blockchain-based smart contracts. There are currently many Open Finance or DeFi platforms that use… Read More

July 29, 2020 @ 9:12 pm By Omar Faridi  |  

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

July 21, 2020 @ 9:52 pm By Omar Faridi  |  

Decentralized finance (DeFi) investors have been actively trading a large number of crypto-assets and they’ve also been taking advantage of competitive borrowing and lending options offered through these emerging platforms. Established by Jai Bhavnani, Jack Lipstone, and David Lucid, Rari Capital aims to become a… Read More

July 18, 2020 @ 10:06 am By Omar Faridi  |  

The first half of 2020 has been negatively impacted by the global COVID-19 outbreak, including the nascent Bitcoin (BTC) and the alternative asset sector. Several blockchain and crypto firms such as TAGZ, an Australian digital currency exchange, and investment company Adaptive Capital have been forced… Read More

July 15, 2020 @ 11:15 pm By Omar Faridi  |  

Three key events defined the Ethereum (ETH)-dominated decentralized finance (DeFi) space during Q2 2020. As mentioned in ConsenSys’ Q2 2020 DeFi Ecosystem Report, these events included: Bitcoin on Ethereum overtaking BTC on the Lightning Network (LN), three critical security incidents that led to $26 million… Read More

July 13, 2020 @ 12:00 pm By Omar Faridi  |  

Pankaj Balani, CEO and Co-Founder at Delta, a derivatives exchange for cryptocurrencies, recently shared his views and insights with Crowdfund Insider about the dramatic surge in DeFi (decentralized finance) protocol Compound’s COMP token. Balani noted that we can begin to assess the value of COMP… Read More

July 4, 2020 @ 3:03 pm By Omar Faridi  |  

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

June 26, 2020 @ 1:30 am By Omar Faridi  |  

Lex Sokolin, the Global Fintech Co-Head and CMO at ConsenSys, a leading Ethereum (ETH) development studio, recently noted that COMP tokens, which belong to major DeFi lending solution Compound, ballooned over 200%. As reported, decentralized finance protocol Compound saw a dramatic increase in lending dctivity… Read More