Tagged: decentralized finance

July 14, 2021 @ 9:00 am By Omar Faridi  |  

Mettalex, a decentralized cryptocurrency and traditional commodities derivatives trading platform that is powered by Fetch.ai, reveals that it has launched DEX Yield Farming for commodities, adding new markets to the decentralized finance (DeFi) ecosystem. Liquidity providers are now able to generate a “highly-competitive” yield by… Read More

July 12, 2021 @ 11:59 am By Omar Faridi  |  

YIELD App, the decentralized finance (DeFi) wealth management platform that’s focused on combining the best of traditional and digital finance, is pleased to confirm that they have launched a Bitcoin Fund, enabling users to earn “high-interest” returns on the world’s leading cryptocurrency, Bitcoin (BTC). As… Read More

July 10, 2021 @ 2:33 pm By Omar Faridi  |  

The team at Avalanche, a organization developing decentralized finance protocols and other distributed ledger tech (DLT)-based solutions, reveals that it’s preparing for the next generation Avalanche Bridge (AB). AB will be “10x faster and 5x cheaper” than the Avalanche-Ethereum Bridge (AEB), according to an update… Read More

July 8, 2021 @ 11:17 pm By Omar Faridi  |  

Taproot has now been locked in and should activate in November of this year. Taproot is the name of various technological innovations that have all been bundled together. When they are activated, they should make Bitcoin (BTC) transactions significantly cheaper and also more private, along… 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

July 7, 2021 @ 11:26 am By Omar Faridi  |  

The team at IOST recently released their Ecosystem Growth Report for H1 2021. As mentioned in an update, dated July 6, 2021, by the IOST team: “Amid the spike in interest, IOST continues to witness important partnerships and asserting our position as a leader in… Read More

July 6, 2021 @ 5:22 pm By Omar Faridi  |  

Sygnum Bank reveals that it has become one of the first banks to provide Ethereum 2.0 staking support. Customers are able to easily and securely stake Ethereum (ETH) via Sygnum’s institutional-grade banking service which can help with generating a substantial yield of up to 7%… Read More

July 6, 2021 @ 8:30 am By Omar Faridi  |  

EasyFi is a universal layer-2 lending platform focused on improving the landscape of lending and borrowing digital assets. It is an open network infrastructure that facilitates peer-to-peer and cross-chain asset settlements. In a first-of-its-kind in the DeFi space, users’ creditworthiness is being appraised by EasyFi… Read More

July 4, 2021 @ 8:04 pm By Omar Faridi  |  

Digital asset platform CoinList says it’s pleased to confirm that the Efinity Token Sale on CoinList has added over 40,000 new token holders to the Efinity community, with “more than $19M in EFI tokens purchased throughout the course of the sale.” CoinList also mentioned that… Read More

July 4, 2021 @ 4:33 pm By Omar Faridi  |  

Big Four auditing firm Ernst & Young (EY) has contributed a zero-knowledge proof (ZKP) layer-2 protocol into the public domain in order to help with addressing rising transaction costs on the Ethereum (ETH) blockchain network, the world’s largest smart contract platform. The protocol has been… Read More

July 3, 2021 @ 7:14 pm By Omar Faridi  |  

Spencer Noon, an investor in Variant, a first-check cryptocurrency venture capital fund, has released their latest Network report, which covers stablecoins and Instadapp. Spencer Noon notes in their weekly update that The Graph recently launched 43 RFPs for different ecosystem initiatives. You may submit an… Read More

July 3, 2021 @ 10:44 am By Omar Faridi  |  

Cryptocurrency adoption has grown considerably during the past year, however, many people still may not yet fully understand how diverse this space really is as an “asset class,” according to a new report from Chainalysis. The team at Chainalysis, a leading blockchain analysis firm, notes… Read More

July 2, 2021 @ 1:33 pm By Omar Faridi  |  

ICHI, the protocol for developing the very first Decentralized Monetary Authorities (DMAs), has teamed up with the 1inch Network in order to launch an in-house stablecoin for the 1inch community. As noted in an update shared with CI, the 1inch community will be leveraging ICHI’s… Read More

July 2, 2021 @ 12:21 pm By Omar Faridi  |  

Yearn Finance, a group of products managing more than $3.75 billion worth of capital that allow users to “optimize” their earnings on crypto-assets via lending and trading services, revealed on July 1, 2021, that it has launched its bounty program with Immunefi, which is one… Read More

July 2, 2021 @ 8:21 am By Omar Faridi  |  

Balancer has joined Polygon’s summer of DeFi with $10 million in joint token incentives. Balancer Protocol has introduced support on the Layer 2 solution Polygon in order to lower gas costs. Polygon (MATIC) has experienced steady user adoption in 2021 with major decentralized finance (DeFi)… Read More

July 1, 2021 @ 8:04 pm By Omar Faridi  |  

Avalanche, an open-source platform for deploying decentralized applications (dApps) and enterprise-grade blockchain initiatives, notes in a blog post that Lydia Finance, an Automated Market Maker (AMM), Yield Farming, and Staking platform, is live on Avalanche. As mentioned in the announcement, their intuitive UI and comprehensive… Read More

June 28, 2021 @ 3:53 pm By Omar Faridi  |  

Seychelles registered crypto exchange OKEx, which claims to be the leader in cryptocurrency spot and derivatives trading, is pleased to confirm that OKExChain, an open-source and “truly” decentralized ecosystem “designed explicitly with traders in mind,” is available to blockchain developers “to kickstart exciting decentralized apps.”… Read More

June 27, 2021 @ 5:13 pm By Omar Faridi  |  

Internet browser Opera (NASDAQ: OPRA), and Celo, an open-source blockchain or DLT ecosystem that aims to make decentralized financial (DeFi) solutions and tools more accessible to smartphone users, have confirmed that Opera will be adding Celo Native Asset (CELO), Celo Dollar (cUSD), and Celo Euro… Read More

June 27, 2021 @ 4:16 pm By Omar Faridi  |  

The team at Blockchain.com, a leading crypto wallet, block explorer, and trading platform provider, recently revealed that they’re now supporting AAVE and YFI (yearn.finance) Interest Accounts at “a current annual interest rate of 8%.” In September of last year, Blockchain.com had announced support for AAVE… Read More

June 26, 2021 @ 7:10 am By Omar Faridi  |  

NEM Ventures has expanded its early-stage ecosystem after the launch of Symbol. As mentioned in a release shared with Crowdfund Insider, the NEM Ignite Incubator Program is now preparing promising or high-potential blockchain startups for market entry on Symbol. NEM Ventures, which is the VC… Read More