Tagged: ethereum

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 4, 2020 @ 4:55 pm By Omar Faridi  |  

Chainalysis, a leading blockchain analysis and security firm, has provided an update regarding the recent KuCoin exchange hack, which led to around $280 million in digital assets being stolen (according to estimates confirmed by many industry participants). Chainalysis noted that on September 25, 2020, hackers… Read More

October 3, 2020 @ 5:56 pm By Omar Faridi  |  

AI and machine learning network Fetch.ai confirmed on October 1, 2020, that it’s launching its Random Number Beacon on Binance Smart Chain, which is a blockchain-based network launched by Binance, the world’s largest digital asset exchange. As mentioned in a blog post by Fetch.ai: “Utilizing… Read More

October 3, 2020 @ 4:54 pm By Omar Faridi  |  

Wing, a credit-based cross-chain (decentralized finance) DeFi platform developed on the Ontology blockchain, was launched in September 2020. The platform has helped with laying the foundation or groundwork for building solutions to support the growth of Ontology’s DeFi ecosystem. The Ontology team claims that the… Read More

October 3, 2020 @ 3:39 pm By Omar Faridi  |  

DeFi (decentralized finance) growth continued this week as Galaxy Digital, a full-service crypto merchant bank, made strategic investments in Parafi, a digital asset fund focused on DeFi investments. As noted by KuCoin exchange (which was hacked recently): “Following bitcoin (BTC) and ethereum’s (ETH) trajectory, leading… Read More

October 2, 2020 @ 1:31 pm By Omar Faridi  |  

US-based crypto exchange Coinbase will be allowing Coinbase Pro users to trade Balancer (BAL) and Ren (REN) tokens. The exchange confirmed: “Today October 1, 2020, transfer BAL and REN into your Coinbase Pro account ahead of trading. Support for BAL and REN will be available… Read More

October 2, 2020 @ 1:27 pm By Omar Faridi  |  

The developers at MANTRA DAO, a community-governed decentralized finance (DeFi) platform that aims to make staking, lending, and governance more accessible to traders and investors, have confirmed that they’ve officially launched their staking platform. The MANTRA DAO team noted that they’re pleased to announce that… Read More

September 30, 2020 @ 8:28 am By Omar Faridi  |  

The decentralized finance (DeFi) ecosystem has reached new heights during the past few months, as many projects have launched and large amounts of capital has been invested into these so-called decentralized platforms. The Coin Metrics team confirms that most DeFi solutions have been launched on… Read More

September 30, 2020 @ 7:28 am By Omar Faridi  |  

UK-based Fintech firm Fasset, a provider of blockchain-based solutions for the financing of sustainable infrastructure, has reportedly been approved or authorized to test out its software which tokenizes hard assets. The project is part of Bahrain’s Fintech regulatory sandbox program. The permit was issued by… Read More

September 29, 2020 @ 10:30 pm By Omar Faridi  |  

Kadena, the first blockchain tech-focused firm to come out of J.P. Morgan’s Blockchain Center for Excellence, confirmed in August 2020 that they had performed major updates to their scalable layer-1 public blockchain network. Kadena’s developers claim that they have one of the fastest blockchain platforms… Read More

September 28, 2020 @ 9:49 pm By Omar Faridi  |  

Crypto exchange OKCoin confirms that they recently listed Uniswap’s UNI governance token and are now planning to list cUSDC and cUSDT tokens from Compound, which is another major algorithmic money market developed on Ethereum (ETH). As explained by the OKCoin team, UNI is the governance… Read More

September 27, 2020 @ 6:14 pm By Omar Faridi  |  

The recently issued UNI governance token, which is associated with Uniswap, a leading Ethereum token exchange, aims to help Uniswap transition into a “decentralized,” community-managed and owned protocol. However, the exchange protocol’s team hasn’t been completely transparent about how they aim to achieve “decentralization.” Liesl… Read More

September 27, 2020 @ 10:03 am 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 teamed up with Polkastarter, the decentralized or non-custodial exchange (DEX) that helps “decentralized” projects with raising and exchanging funds… Read More

September 25, 2020 @ 12:15 pm By Omar Faridi  |  

Trent McConaghy, Founder at Ocean Protocol, which allows software engineers to build marketplaces and other apps to privately and securely publish, exchange, and consume data, explains that the Ocean Protocol aims to “equalize the opportunity to access and monetize data.” According to McConaghy, data marketplaces… Read More

September 23, 2020 @ 7:41 am By Omar Faridi  |  

The Bitcoin Mercantile Exchange (BitMEX), a leading crypto derivatives exchange, has taken a look at the relatively short seven-year history of decentralized exchanges (DEXes) – which includes the first major iteration of the technology, Counterparty. BitMEX noted that it considers these early attempts to have… Read More

September 22, 2020 @ 9:27 pm By Omar Faridi  |  

Huobi Global, a leading digital assets company, recently published a survey that looks into the different investment profiles and backgrounds of retail cryptocurrency traders in emerging markets. According to a release, the survey results indicate that crypto-assets such as Bitcoin (BTC) and Ethereum (ETH) have… Read More

September 20, 2020 @ 4:39 pm By Omar Faridi  |  

The Graph, which serves as an indexing protocol for “organizing and efficiently accessing” data from blockchains and storage networks, has introduced its Curator Program. Crypto data and research platform sites CoinGecko, CoinMarketCap, Messari, Delphi Digital, Zapper, Synthetix, Pool Together, LivePeer, mStable, and Balancer have all… Read More

September 16, 2020 @ 11:20 pm By Omar Faridi  |  

The developers of the XinFin [XDC] Network, an open-source, hybrid blockchain platform, have announced that they’ll be integrating their platform with Chainlink (LINK) Oracles in order to power several new trade finance use cases. Chainlink offers a market-leading decentralized oracle network. The platform has grown… Read More

September 14, 2020 @ 4:33 pm By Omar Faridi  |  

Matic, a platform that aims to facilitate secure, scalable, and instant transactions that are verified by the Ethereum (ETH) blockchain network, has announced new project updates. The Matic developers claim that their project has been making steady progress after it was introduced via Binance Launchpad… Read More