Tagged: defi

December 19, 2020 @ 2:12 pm By Omar Faridi  |  

Diogo Mónica, Anchorage President and co-founder, has confirmed that Anchorage and Tokensoft are introducing two assets to the (decentralized finance) DeFi and larger Ethereum ecosystem. They include Wrapped CELO (wCELO) and cUSD (wCUSD). As mentioned in the announcement: “Through Wrapped, institutions get easy, secure DeFi… Read More

December 19, 2020 @ 1:34 pm By Omar Faridi  |  

Decentralized finance (DeFi) tokens took it “relatively slow” this past week when compared to Bitcoin (BTC) while crypto and blockchain industry developments strengthened Ethereum’s (ETH) support, according to a report from OKCoin. The digital asset exchange notes that DeFi tokens are still lagging behind BTC… Read More

December 19, 2020 @ 12:32 pm By Omar Faridi  |  

US-based digital asset exchange Kraken has announced that The Graph (GRT) trading is now available on its platform. The Kraken team confirmed that while they’re pleased to announce that The Graph (GRT) trading is being supported on their exchange, it’s currently not available in the… Read More

December 16, 2020 @ 10:01 pm By Omar Faridi  |  

Digital asset exchange Coinbase has announced that it has added Aave (AAVE), Bancor (BNT) and Synthetix Network Token (SNX). All three cryptocurrencies are available for trading on the US-based trading platform. The Coinbase team noted that beginning today (December 16, 2020), the exchange will support… Read More

December 14, 2020 @ 8:49 am By Omar Faridi  |  

As the digital asset market approaches the end of 2020, Kraken Intelligence (part of US-based cryptocurrency exchange Kraken) has released a report titled, “Crypto Yields – A Simple Breakdown.” The report notes that interest rates on “risky opportunities” are a function of a “risk-free” rate… Read More

December 13, 2020 @ 7:23 pm By Omar Faridi  |  

CertiK, a U.S.-based end-to-end cybersecurity solutions provider, has confirmed that the $BOOST governance token, which includes its functionality with “a plethora” of native smart contracts like Boost treasury, Boost token rewards, Controller, and Vault has been “successfully” audited with CertiK. The CertiK team claims that… Read More

December 12, 2020 @ 4:43 pm By Omar Faridi  |  

The developers of Aave, an open-source and non-custodial decentralized finance (DeFi) protocol for earning interest on digital asset deposits while also being able to borrow assets, recently noted that as part of the platform’s focus on security and transparency, the Aave Genesis team will be… Read More

December 12, 2020 @ 3:54 pm By Omar Faridi  |  

Ethereum (ETH), the world’s largest smart contract platform, and major decentralized finance (DeFi) assets have dropped during the past week. However, DeFi-related infrastructure is getting a boost from Bitcoin (BTC), according to a report from OKCoin. During the last week, top DeFi platforms such as… Read More

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 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 9, 2020 @ 11:52 am By JD Alois  |  

Founded in 2017, Anchorage has emerged as a top digital asset platform serving institutions investing in the crypto sector. Big money demands robust protocols and tech stacks and Anchorage is providing all of this in a full-service financial platform for the future of finance. Co-founded… 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 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