Tagged: defi

November 13, 2020 @ 7:00 pm By Omar Faridi  |  

We recently caught up with Humayun Sheikh, CEO of Fetch.ai, an organization that’s focused on developing machine learning and AI-enhanced solutions for the emerging decentralized finance (DeFi) sector along with offering services that may be compatible with traditional financial platforms. Sheikh commented on the recent… Read More

November 13, 2020 @ 11:12 am By Omar Faridi  |  

Binance Launchpool, a new project designed to bring the decentralized finance (DeFi) experience to the crypto exchange’s users, has introduced a project, called Unifi Protocol DAO (distributed autonomous organization), which is “a working multi-chain smart-contract based DeFi solution.” As explained by the Binance team, Unifi… Read More

November 11, 2020 @ 11:46 am By Samantha Hurst  |  

  PlasmaPay, a global payment and remittance platform for decentralized finance (DeFi), announced on Wednesday it has formed a strategic partnership with Elrond, an internet-scale blockchain. PlasmaPay reported that the partnership will allow Elrond to integrate with the company’s fiat onramp solution and provide DeFi… Read More

November 11, 2020 @ 11:00 am By Stephanie Vaughan Weichsel  |  

We are now over three years into the decentralized finance market, and although we have renewed enthusiasm, the results haven’t begun to materialize in a meaningful way.  Ryan Selkis: Founder of Messario Crypto tweeted last week saying “You say “DeFi is just tech bros learning… Read More

November 10, 2020 @ 9:00 am By Omar Faridi  |  

UNION, an open and “decentralized” tech platform that’s focused on reducing the risks, costs, and other barriers to the decentralized finance (DeFi) market, has secured more than $3.9 million in capital from Alameda Research, Spark Digital Capital, AAM, Solidity Ventures, 3 Commas, Alpha Chain, Black… Read More

November 8, 2020 @ 6:22 pm By Omar Faridi  |  

The Bitcoin (BTC) and Ethereum (ETH) price continued to increase this past week. Bitcoin had been trading above the $15,500 mark, however, its price has now dropped to around $15,000 at the time of writing. Ethereum is also down over 5% during the past 24… Read More

November 8, 2020 @ 10:54 am By Omar Faridi  |  

Binance, the world’s largest digital asset exchange, has noted in its weekly crypto market report that for most of the past week, Bitcoin (BTC) had been trading between the relatively tight $13,300 and $13,900 range. But then, over the span of just 48 hours, the… Read More

November 7, 2020 @ 6:25 pm By Omar Faridi  |  

MANTRA DAO (distributed autonomous organization), a community-governed decentralized finance (DeFi) platform that aims to make staking, lending, and governance more accessible to traders and investors, will be integrating Bluzelle’s decentralized database (Bluzelle DB) into future products like the KARMA rating protocol. Bluzelle is powered by… Read More

November 7, 2020 @ 12:10 pm By Omar Faridi  |  

  We recently connected with Dave Hodgson, Chief Investment Officer at NEM Group and Managing Director NEM Ventures. NEM (XEM) is a major blockchain or distributed ledger technology (DLT) based platform for building and deploying decentralized applications (dApps). Hodgson’s role encompasses group investment management, jurisdictional… Read More

November 6, 2020 @ 6:11 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, have teamed up with Axie Infinity. Through the partnership, both organizations aim to bring you a “hot new collab”… Read More

November 6, 2020 @ 6:07 pm By Omar Faridi  |  

1inch, a decentralized (or non-custodial) crypto exchange (DEX) aggregator with competitive prices, has introduced the second version of their software and platform. As mentioned in a blog post by 1inch: “The main highlights are Pathfinder, an API that contains a new discovery and routing algorithm,… Read More

November 5, 2020 @ 11:43 pm By Omar Faridi  |  

The developers of IRISnet, which aims to serve as an interchain service hub for next-generation distributed applications, have confirmed in their monthly report that the IRITA Hub has been integrated with the Blockchain Service Network’s (BSN) Interchain Communications Hub. This marks “the first step towards… Read More

November 4, 2020 @ 7:28 am By Omar Faridi  |  

The development team at Fuse.io, a Tel Aviv based Fintech firm that aims to leverage (decentralized finance) DeFi infrastructure to create a platform for entrepreneurs that allows them to turn “communities into economies,” claims that there’s been “truly game-changing” progress and innovation in decentralized or… Read More

November 2, 2020 @ 7:45 am By Omar Faridi  |  

Cryptocurrency hedge funds have been reporting significant gains this year. They appear to have benefitted from the rise in transactions that let borrowers and lenders settle payments directly, without having to go through third-parties like banks. Crypto-asset hedge funds could also be performing well due… Read More

November 1, 2020 @ 11:26 am By Omar Faridi  |  

Binance, the world’s largest digital currency exchange, notes in its latest Crypto Market Overview report that Bitcoin (BTC) almost managed to break past the $14K mark, as it “massively outperformed” altcoins (alternative coins or all coins besides Bitcoin). Binance points out that Bitcoin began moving… Read More

October 31, 2020 @ 6:37 pm By Omar Faridi  |  

Several major decentralized finance (DeFi) assets have experienced correction as Bitcoin (BTC) surged this past week. However, the “fundamental” developments continued, “pointing to long-term momentum,” according to a report from OKCoin. The crypto exchange notes that Bitcoin continued its ascent during the past week. The… Read More

October 30, 2020 @ 4:33 pm By Omar Faridi  |  

IRIS Foundation, which supports the ongoing development of IRISnet (which aims to serve as an interchain service hub for next-generation distributed applications), has introduced the Tech-Grants Program to fund application developers, teams, and initiatives that contribute to the development of IRISnet and the wider ecosystem…. Read More

October 30, 2020 @ 3:20 pm By Samantha Hurst  |  

Hong Kong-based cryptocurrency platform Crypto.com recently announced that the latest research revealed decentralized finance (DeFi) is now being taken seriously by traditional finance. The research, which was conducted by Crypto and BCP Platinion, part of Boston Consulting Group, analyzes the uptake of decentralized services among… Read More

October 29, 2020 @ 10:53 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, noted that it wasn’t too long ago that the Aave governance protocol went live on the Ethereum mainnet. The… Read More

October 29, 2020 @ 10:00 pm By Omar Faridi  |  

Derek Boirun, CEO and co-founder at Realio, a blockchain-enabled issuer, asset manager and technology provider, says that the idea behind his company (Realio) came to him when he realized that blockchain or distributed ledger tech (DLT) might be a great tool to help with establishing… Read More