Andreessen Horowitz-backed dYdX, a Non-Custodial Exchange, Launches Bitcoin (BTC) Perpetual Contracts Market

May 14, 2020 @ 10:25 pm By Omar Faridi |

Andreessen Horowitz (a16z)-backed dYdX, a non-custodial cryptocurrency exchange, has confirmed the public launch of its Bitcoin (BTC) perpetual contracts market. Perpetual contracts are derivatives that are somewhat like futures contracts, however, they don’t have an expiry or fixed settlement date. Perpetual contracts closely resemble a… Read More

Nearly $1 Billion Now Locked into Ethereum-Dominated Decentralized Finance (DeFi) Ecosystem

February 7, 2020 @ 8:15 am By Omar Faridi |

Nearly $1 billion is now locked up into the evolving decentralized finance (DeFi) ecosystem, according to data site DeFi Pulse. The site tracks major Ethereum-based lending protocols including Maker, a projected managed by the Maker Foundation, a non-profit organization that supports the MakerDAO initiative, which… Read More