Tagged: compound

CoinList to Add Trading Support for DeFi Token Compound (COMP) and Celo Dollars (cUSD)

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

Bitcoin (BTC) and Ethereum (ETH) Up 15% this Past Week, but DeFi Tokens AAVE, SNX, FYI Experience Slight Correction

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

OKCoin Claims it’s First Licensed Crypto Exchange to Support Compound’s cUSDC and cUSDT Tokens

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

Leading DeFi Protocol Compound (COMP) Introduces its Own Permissionless, Upgradable Price Feed

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

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

Rari Capital to Offer Robo Advisory Services for Decentralized Finance Investors, will Support Compound, dYdX Protocols

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

Explosive DeFi Growth Reported, after Cryptocurrencies Crashed on Black Thursday just like Traditional Financial Markets

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

Ethereum Dominated DeFi Space Experiences Steady Growth with Increasing Adoption of Compound and Other Lending Protocols: Report

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

Pankaj Balani, CEO at Delta Exchange, Explains how We Can Evaluate the Economic Value and Fair Price of Compound’s COMP Token which Surged Dramatically in June 2020

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

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

Lex Sokolin from ConsenSys looks into What Happened when DeFi Protocol Compound’s Balance Sheet Increased by Over $500 Million

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

Balaji Srinivasan backed Options Issuance Platform Opyn Secures Over $2 Million to Help Protect DeFi Investors from Potential Losses

Ethereum based Opyn, an options issuance platform, has secured $2.16 million in capital via a round led by Dragonfly Capital, a cross-border crypto-asset investment firm. Other investors in Opyn’s latest round included 1kx, an early-stage token fund focused on remittances, computation, storage, prediction, and the… Read More

Decentralized Finance Protocol Compound Sees Dramatic Increase in Lending Activity due to COMP Token “Farming”

A new type of user reward scheme to distribute the Compound governance tokens (COMP) has led to a significant increase in the amount of value locked into the leading decentralized finance (DeFi) protocol. Traders using Compound are now “farming” COMP tokens. Notably, the total value… Read More

Republic’s First Three Real Estate Offerings Have Already Topped Their Funding Hurdles

Last week, Crowdfund Insider reported on Republic‘s move into real estate crowdfunding. Republic was initially launched as a Reg CF funding portal targeting early-stage firms with a focus on underserved markets. Since platform launch, Republic has expanded into additional verticals including Republic Crypto, a game… Read More

Tether’s USDT Stablecoin Grows Faster on Compound Protocol than Others, Has Potential to Streamline Cross-Border Payments: Report

The global stablecoins markets recently surpassed the $11 billion mark. Many blockchain and crypto firms are beginning to realize the potential of stablecoins in facilitating many different types of transactions including cross-border or remittance payments. Tether (USDT), the blockchain-powered platform that powers the world’s largest… Read More

Blockchain Firm Matrixport Discusses Challenges of Using Crypto-Assets due to their Technical Nature, Proposes Unique Solutions

The team at Matrixport, a company that aims to serve as a gateway to the digital economy where users can trade, custody, invest, and borrow crypto-assets through a single, unified platform, recently compared the advantages and disadvantages of using centralized and decentralized finance (DeFi) solutions…. Read More

Republic Moves Further into Real Estate with Acquisition of Compound Launching Republic Real Estate Vertical

Republic, a leading investment crowdfunding platform, is expanding its investment offerings with the acquisition of Compound. While starting as an early stage offering platform, Republic is now providing property investment options with Republic Real Estate. Announced today, Republic has issued the following statement: “We’re excited… Read More

Decentralized Finance Protocol Compound Users May Lend and Borrow Stablecoin Tether (USDT) Following Community Voting

Users of Compound, a decentralized finance (DeFi) lending solution, are now able to issue loans and borrow Tether (USDT), the largest stablecoin, following a recent poll of the protocol’s governance token holders. There were 797,981.28 votes that were cast in support of the proposal to… Read More

Ethereum-based tBTC, which is Pegged to Bitcoin (BTC), Is Preparing for Public Launch with Help from MakerDAO, Others

thought-catalog unsplash Bitcoin Ethereum Cryptocurrency

tBTC, an Ethereum (ETH)-based token that’s pegged to Bitcoin (BTC), the flagship cryptocurrency, is preparing for its public launch. During the course of the next two weeks, the tBTC project is planning to introduce its technical infrastructure with the help of more than 40 digital… Read More

DeFi: Compound, an Ethereum-based Lending Protocol, to Decentralize Governance Process by Transferring Control to Native COMP Token Holders

The developers of Compound, a leading Ethereum-based decentralized finance (DeFi) solution, will be decentralizing the governance process of the lending protocol. This will be achieved by launching a token-based governance model. The Compound team had announced plans to use a governance token back in February… Read More

Send this to a friend