Tagged: defi

October 21, 2020 @ 10:01 pm By Omar Faridi  |  

Mark Smargon, CEO 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,” has confirmed that the Fuse.io project has now been launched on ProductHunt… Read More

October 20, 2020 @ 9:37 pm By Omar Faridi  |  

The digital commerce sector is on track to surpass $4.6 trillion globally within the next two years, according to an update shared with Crowdfund Insider. Amazon, Walmart, and Costco alone are expected to generate sales and revenue valued at around $1 trillion during 2020. As… Read More

October 19, 2020 @ 9:14 pm By Omar Faridi  |  

The development of the Bitcoin (BTC) protocol and decentralized finance (DeFi) networks is somewhat similar but also very different, according to a report from OKCoin. The exchange notes that application developers are focused on supporting the growth of Bitcoin and DeFi. They aim to create… Read More

October 18, 2020 @ 9:55 pm By Omar Faridi  |  

Ava Labs, an organization focused on building Avalanche so that the platform can empower people to create “an open, simple, and democratic internet of finance,” notes that Avalanche has integrated with Magic to bring passwordless authentication to the blockchain based platform. The Ava Labs team… Read More

October 18, 2020 @ 8:59 pm By Omar Faridi  |  

Kava Labs, which is focused on the ongoing development of Kava (KAVA), a blockchain-based platform that aims to offer a foundation for various open financial services, has announced the launch of the Kava 4 Gateway.  Brian Kerr, CEO at Kava Labs, confirmed that the Kava… Read More

October 18, 2020 @ 5:03 pm By Omar Faridi  |  

Many decentralized finance (DeFi) assets have experienced a strong bounce or recovery as Ethereum (ETH) fundamentals appear to look “stronger than ever,” according to a report from OKCoin. The report pointed out that DeFi tokens have been following Bitcoin (BTC) and Ethereum’s (ETH) price movements…. Read More

October 17, 2020 @ 6:21 pm By Omar Faridi  |  

The first phase of Bifrost, which is IRISnet’s decentralized finance (DeFi) and interchain testnet, is scheduled to go live on October 19, 2020. As noted by IRISnet (which aims to serve as an interchain service hub for next-generation distributed applications), their irishub solution is based… Read More

October 15, 2020 @ 8:05 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, has partnered with MATIC Network, a blockchain scalability platform which offers the ability to conduct secure and instant transactions. The… Read More

October 14, 2020 @ 9:32 pm By Omar Faridi  |  

Jay Hao, CEO at OKEx, one of the world’s largest crypto exchanges, has provided a breakdown of the number of Bitcoins (BTC) held by major entities. Since the pseudonymous virtual currency’s genesis (or very first) block of transactions was mined back in early 2009, there… Read More

October 14, 2020 @ 6:40 pm By Omar Faridi  |  

Bitcoin (BTC), the flagship cryptocurrency, has again surged past the $11,000 mark as US stimulus talks begin and institutions start to allocate more funds to the leading digital asset. As noted by the OKCoin team, Bitcoin has managed to break out this past week, after… Read More

October 13, 2020 @ 10:30 pm By Omar Faridi  |  

Scott Stuart, Product Manager at Kava Labs Inc, a venture-backed firm focused on payments and blockchain technologies, notes that at Kava, their goals include developing a user-friendly decentralized financial services platform. Stuart claims that a lot of the core infrastructure and “decentralized” community governance for… Read More

October 13, 2020 @ 8:28 pm By Omar Faridi  |  

OKCoin, a regulated crypto exchange which recently announced the launch of its Singapore offices, has revealed that it will be listing several (decentralized finance) DeFi assets including Chainlink (LINK), YF LINK (YFL), and DFI.money (YFII). OKCoin recently listed several major DeFi focused tokens including Compound… Read More

October 13, 2020 @ 9:00 am By Omar Faridi  |  

We recently connected with Ray Youssef, the CEO at Paxful, a leading peer to peer Bitcoin exchange, which reported a 274% increase in new registrations in Turkey, during the past year, on its platform. There was also an average of $65,000+ in monthly trade volume… Read More

October 10, 2020 @ 2:00 pm By Omar Faridi  |  

  Binance, the world’s largest digital asset exchange, notes that cryptocurrency markets took a major hit in September 2020 as Bitcoin (BTC) and Ethereum (ETH) recorded their first down month since June of this year. Binance also mentioned in its monthly report that despite the… Read More

October 10, 2020 @ 11:23 am By Omar Faridi  |  

The team at IOHK, an organization supporting the development of Cardano (ADA), a blockchain-based platform for creating decentralized applications (dApps), have introduced Marlowe, which serves as a new programming language for writing financial contracts. As noted in a blog post published on the IOHK website,… Read More

October 9, 2020 @ 7:35 am By JD Alois  |  

KingSwap, described as a high-yield liquidity platform offering staking and digital collectibles (NFTs), has announced its advisory board with some high profile names. The KingSwap board includes Michael Terpin, founder, BitAngels and Transform Group; Lionel Iruk, Esq, Managing Partner and General Counsel at Empire Global… Read More

October 7, 2020 @ 10:35 pm By Omar Faridi  |  

The developers of Qtum (QTUM), a platform for creating decentralized applications that aims to leverage certain technical aspects related to the security of the Bitcoin (BTC) network while providing smart contract functionality (somewhat similar to Ethereum), have confirmed that the month of September 2020 continued… Read More

October 7, 2020 @ 8:32 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 announced that they’re introducing Centrifuge – which aims to bring real-world asset markets to the Aave protocol. Isa… Read More

October 7, 2020 @ 6:22 pm By Omar Faridi  |  

Blockchain-powered apps are designed to be more open and transparent than their traditional versions. According to Coinbase, this can be beneficial because individuals and organizations are able to inspect these projects and can also confirm that everything is working as it should. However, it’s also… Read More

October 7, 2020 @ 8:52 am By Omar Faridi  |  

Ava Labs, an organization focused on building Avalanche so that the platform can empower people to create “an open, simple, and democratic internet of finance,” has introduced the newest class of grant recipients for Avalanche-X, which is an accelerator program for blockchain developers focused on… Read More