Tagged: decentralized finance

December 11, 2020 @ 9:58 am By Omar Faridi  |  

The developers of the Kyber Network (KNC), which provides a tool that allows traders to exchange tokens instantly without having to use exchanges, recently released their monthly progress report. The Kyber Network team notes that 2020 is now almost behind us and it’s been a… Read More

December 11, 2020 @ 8:46 am By Samantha Hurst  |  

Curv, a U.S.-based digital asset security infrastructure provider, announced on Thursday it has joined forces with ConsenSys to launch Curv DeFi, which is a decentralized finance (DeFi) solution specifically created for institutions. According to Curv, Curv DeFi builds on the company’s integration with the Compound… Read More

December 10, 2020 @ 9:26 pm By Omar Faridi  |  

High-performance blockchain platform Ontology has introduced an “Inclusive Pool” – which is the platform’s first (decentralized finance) DeFi product based on OScore. Since recently launching OScore, the “decentralized” credit system implemented on Ontology’s DeID, the team at Ontology has been working towards adding a new… Read More

December 9, 2020 @ 2:10 pm By Omar Faridi  |  

The developers of Injective Protocol, a “fully” decentralized layer-2 digital assets derivatives exchange protocol powering cross-chain trading and (decentralized finance) DeFi, has released a new software version: Injective Solstice V2. As reported earlier this year, Injective Protocol had acquired $2.6 million in capital through a… Read More

December 6, 2020 @ 5:23 pm By Omar Faridi  |  

1inch, a decentralized cryptocurrency exchange aggregator that recently secured $12 million via an investment round, has announced that it’s sponsoring the Gitcoin Grants Round 8 Hackathon. The 1inch team notes that they’re looking forward to supporting developers who are working on innovative (decentralized finance) DeFi… Read More

December 2, 2020 @ 4:02 pm By Omar Faridi  |  

Digital asset exchange OKEx recently published a report, titled: “How centralized exchange volumes illustrate DeFi’s boom-and-bust cycle.” With market data provided by Kaiko, OKEx Insights looks at DeFi‘s “boom-and-bust cycle” in 2020. The exchange notes in its extensive report that as 2020 comes to an… Read More

November 30, 2020 @ 8:17 pm By Omar Faridi  |  

Chainlink (LINK), a “decentralized” Oracle network that securely connects various blockchain-based smart contracts with data from “the real world,” recently revealed that its platform has enabled 77 different smart contract use cases. LINK tokens are currently trading for around $13.70 and they have a market… Read More

November 29, 2020 @ 6:42 pm By Omar Faridi  |  

Andre Cronje, a decentralized finance (DeFi) architect who has created Yearn.Finance, a yield optimization protocol for stablecoins, has confirmed that Yearn and Cover Protocol have joined forces. Cronje, who’s also involved in other initiatives like Curve.finance, an efficient stablecoin automated market maker, notes that “providing… Read More

November 28, 2020 @ 4:43 pm By Omar Faridi  |  

Mercurity Fintech Holding Inc., which leverages blockchain or distributed ledger technology (DLT) to assist businesses with conducting “instant” cross-border transactions and remittance payments (through banks or financial institutions), has released its third-quarter 2020 financial results (for the period ending September 30, 2020). Mercurity reports (generally… Read More

November 28, 2020 @ 12:51 pm By Omar Faridi  |  

Brian Armstrong, Co-founder and CEO at Coinbase, the leading US-based digital asset exchange, notes that this past week, the company heard rumors that the U.S. Treasury and Secretary Mnuchin had been planning to “rush out” some new regulations for self-hosted cryptocurrency wallets  – which would… Read More

November 26, 2020 @ 9:45 am By Omar Faridi  |  

Ahead of the upcoming Ethereum 2.0 upgrade, ETH has been experiencing “significant momentum,” according to a report from OKCoin. The digital asset exchange notes that during the past week, the Ethereum price surged 30% to a high of over $600, but it has corrected sharply… Read More

November 25, 2020 @ 3:54 pm By Omar Faridi  |  

We recently caught up with Pradeep Goel, CEO of Solve.Care, which is a global healthcare blockchain technology platform. Solve.Care recently announced the launch of Definitize, a Decentralized Autonomous Organization (DAO) for healthcare financing. Definitize aims to improve access to care, which should enhance healthcare outcomes… Read More

November 25, 2020 @ 7:08 am By Omar Faridi  |  

Anchorage, a company that aims to help institutional investors with adopting digital assets, has partnered with Tokensoft to bring wrapped Filecoin (wFIL) to the Ethereum (ETH) blockchain. Diogo Mónica, Co-Founder and President at Anchorage, states that his organization is looking forward to welcoming wrapped Filecoin… Read More

November 23, 2020 @ 7:15 pm By Omar Faridi  |  

Reef Finance has reportedly integrated with Kava to provide “world-class” decentralized finance (DeFi) services to platform users. As noted in the announcement: “Kava [has] partnered with Reef Finance, the leading DeFi project in the Polkadot ecosystem. The cooperation will bring Kava’s collateralized loans, USDX stablecoins,… Read More

November 21, 2020 @ 2:14 pm By Omar Faridi  |  

The Waves Protocol team has teamed up with the developers of OKExChain in order to work on distributed ledger tech (DLT)-focused projects. The development of a cross-chain decentralized finance (DeFi) ecosystem and developer-friendly tools will be the primary focus of the collaboration between the Waves… Read More

November 21, 2020 @ 1:12 pm By Omar Faridi  |  

Analysts are still quite bullish on decentralized finance (DeFi) as increased capital flows indicate that the market is “primed to move higher,” according to a report from OKCoin. Following Bitcoin’s (BTC) ascent to around $18,700, major DeFi tokens have continued to surge as well. OKCoin’s… Read More

November 20, 2020 @ 7:10 am By Omar Faridi  |  

The Ethereum (ETH) price is up around 25% during the month of November 2020. ETH, the world’s second-largest cryptocurrency by market cap and adoption, is trading at a little over $500 at the time of writing. During this past week, Ethereum managed to reach a… Read More

November 19, 2020 @ 9:25 pm By Omar Faridi  |  

  We recently connected with Bruce Pon, Founder of Ocean Protocol (OCEAN), which allows software engineers to build marketplaces and other apps to privately and securely publish, exchange, and consume data. Pon is also the CEO at BigChainDB, which is an organization that allows app… Read More

November 19, 2020 @ 7:23 pm By Omar Faridi  |  

Brendan Blumer, CEO at Block.one, the company behind EOS, one of the largest platforms for building blockchain-based decentralized applications (dApps), has acknowledged that the innovation in the decentralized finance (DeFi) space is “revolutionary.” However, the recent guidance provided by global regulatory authorities regarding crypto and… Read More

November 18, 2020 @ 7:38 am By Omar Faridi  |  

China-based Nervos, a major public blockchain-based network, has reportedly launched its own token standard, sUDT (Simple User-Defined Token), in order to compete with Ethereum’s widely-adopted ERC-20 standard. As mentioned in a release shared with Crowdfund Insider, the sUDT standard will allow blockchain or distributed ledger… Read More