Tagged: ethereum

UK Fintech Fasset Will be Tokenizing Hard Assets via Blockchain Tech as Part of Bahrain’s Fintech Sandbox Program

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

Stuart Popejoy: Founder at Kadena Explains How Blockchain Will Become an Industrial Scale Technology

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

OKCoin Claims it’s First Licensed Crypto Exchange to Support Compound’s cUSDC and cUSDT Tokens

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

Binance Might be Only Entity with Enough UNI Governance Tokens to Submit Uniswap Protoocol Proposals: Report

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

DeFi Platform MANTRA DAO Partners with Polkastarter to Build a “Decentralized Future” Powered by Blockchain Tech

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

Ocean Protocol Founder Explains that Ocean Market, a Data Marketplace, Supports Automatic Determination of Price Using Balancer powered AMM

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

DeFi Excitement Created by “Unsustainable Price Bubbles,” Aggressive Token Listing Policies, which Fuels Speculative Demand: Report

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

Most Retail Crypto Investors Making Substantial Investments in Digital Assets have Annual Income of Less than $10,000: Survey

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

The Graph Introduces Curator Program with Coingecko, CoinMarketCap, Messari, Delphi, Balancer, Synthetix, Others

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

Blockchain Platform XinFin Integrates Chainlink (LINK) which Offers Secure Decentralized Oracles for Reliable Financial Data

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

Matic, which Supports Secure, Instant Crypto Transactions, Verified by Ethereum, Announces Major Updates

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

Kyber Network, a Decentralized Ethereum Token Exchange Protocol, Reports Challenges Due to High ETH Gas Fees

The team at Kyber Network (KNC), which allows users to exchange Ethereum (ETH) and other ERC-20 compliant tokens in a decentralized manner, recently announced several updates to their protocol and platform. The Kyber Network team noted in a blog post: “What a crazy few weeks… Read More

Ethereum Token Loopring (LRC), which Supports Non-Custodial Exchange Protocol, to Launch on Coinbase Pro

On September 14, 2020, Coinbase Pro users will have the option to transfer Loopring (LRC) tokens into their accounts ahead of trading. The exchange has confirmed that support for LRC tokens will be available in all of its supported jurisdictions, except New York State due… Read More

Self-Custody Crypto Exchange Deversifi CEO Disagrees with Idea that you’ve Joined the “Dark Side” for Not Condemning DeFi Protocol SushiSwap

Will Harborne, CEO at Deversifi, a self-custody digital asset exchange for “serious” traders, has said that he disagrees “very strongly” with the idea that anyone who does not “condemn” SushiSwap has joined “the Dark Side.” SushiSwap is a recently launched decentralized finance (DeFi) protocol that’s… Read More

Ethereum Is a High Inflation Chain “Controlled by a Cartel that Won’t Upgrade Scalability of Protocol,” According to Brendan Blumer, CEO at Block.one

Brendan Blumer, CEO at Block.one, the company behind the development of EOS, one of the largest platforms for building decentralized applications (dApps) that’s funded by a record $4.1 billion+ token sale from 2018, points out that Ethereum (ETH) is too slow. Blumer notes that conducting… Read More

Blockchain Platform Ontology’s ONT and ONG Tokens May be Swapped to eONT, eONG on Ethereum, Also Listed on Uniswap

The developers of Ontology (ONT), a “high-performance” blockchain network, have noted that they’ve successfully completed the development of an open-source decentralized identity (DID) smart contract, which was launched on the Ethereum (ETH) network. The Ontology team confirmed on September 4, 2020, that both its native… Read More

DeFi Protocol Maker Upgrades its Liquidations System so that it Can Handle Emergencies like Historic March 12, 2020 Market Crash

The Liquidations System of the Maker Protocol, which supports a leading Ethereum (ETH) based lending system, is a key element that has been developed to ensure that the stablecoin Dai generated in Maker Vaults “remains adequately collateralized.” The Maker Protocol is central or key to… Read More

Ethereum Token UMA for Financial Contracts and Synthetic Assets, with $1.26 Billion Market Cap, to be Listed by Coinbase Pro

On September 4, 2020, Coinbase Pro users will be able to transfer UMA cryptocurrency tokens into their accounts ahead of scheduled trading. Support for the UMA digital currency will be available in all of the digital asset exchange’s supported jurisdictions, however, New York State residents… Read More

Ethereum Blockchain focused Developer ConsenSys Is Also Addressing Fintech related Issues, Industry Exec Explains

Lex Sokolin, the Global Fintech Co-Head and CMO at ConsenSys, confirms that the organization recently acquired Quorum from J.P. Morgan. Quorum is a platform that serves as a private, enterprise version of Ethereum (ETH). As covered, ConsenSys has also received an investment from J.P. Morgan…. Read More

StakeHound Introduces the “Best of Both Worlds” by Issuing “Stake-backed” DeFi Tokens for Generating Liquidity and Yield

StakeHound, which issues crypto tokens that allow users to access decentralized finance (DeFi) while being able to earn staking rewards, claims that it has developed “stake-backed” tokens so that digital currency traders can enjoy “the best of both worlds: liquidity and yield.” StakeHound’s management noted… Read More

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