According to the latest announcement, Bank of America considers decentralized finance (DeFi) potentially more disruptive than Bitcoin. Although Bitcoin is the most popular cryptocurrency, Bank of America believes that Ethereum Blockchain is more prominent and has more advanced features, such as flexibility in its hosting of DeFi, than the first-ever cryptocurrency, Bitcoin. DeFi refers to … Read More
Deri Protocol was founded with the objective of creating a tool that allowed for real DeFi, derivative trending, composability, and openness in the blockchain ecosystem. Derivatives are one of the hottest types of contracts in traditional fand crypto markets due to the level of abstraction they allow investors by mimicking the performance of underlying assets. [...]
BigoMex announced the listing of six new coins in its future contract trading section. Dogecoin (DOGE), Polkadot (DOT), UniSwap (UNI), SushiSwap (SUSHI), ChainLink (LINK), and Aave (AAVE) are among the six crypto assets that will be available for trading. Since the summer of last year, the decentralized finance (DeFi) sector has grown in popularity. Projects … Continued
What is Ethereum? Blockchain, for purists, represents perfection, efficiency, independence, and transparency. These are ideals on which centralized systems are supposed to be built. However, that has not been the case. The failure of banks to protect the user was incensing and led to the creation of Bitcoin, the most dominant in the crypto market. […]
Dan Morehead, the CEO and co-chief investment officer of blockchain-focused investment firm Pantera Capital, has revealed the firm’s bitcoin price prediction is ahead of schedule and the price of BTC could break through the $100,000 mark soon. In a letter to investors published on Medium, first spotted by Daily Hodl, the firm’s CEO wrote that […]
The pseudonymous host of Coin Bureau is sharing his favorite projects built on the new crypto network Polkadot. The host, known simply as Guy, tells his 531,000 subscribers that he is keeping his eye on three projects with a fair shot at winning a parachain slot, which is essentially a Polkadot-powered blockchain with a higher […]
SAN FRANCISCO, CA, March 18, 2021 — The Constellation Network and YIELD App have announced a strategic partnership aimed at facilitating access to decentralized finance (DeFi) opportunities for crypto users. The synergistic partnership bolsters the DeFi integration for the users of the Lattice Exchange (Powered by Constellation). Users of the Stargazer Wallet, a browser walletRead More
Coinbase, a cryptocurrency exchange platform, took to its blog to announce the integration of Cardano (ADA), a digital currency of open source network Cardano. Coinbase is a US-based crypto exchange intending to be a global leader in crypto space enabling open financial systems which made news in the latter part of 2019 with the launch …
Tokocrypto, Indonesia’s first regulated crypto exchange under the Commodity Futures Trading Regulatory Agency Indonesia (BAPPEBTI), has announced it will develop Indonesia’s first hybrid CeDeFi token (TKO) on top of the Binance Smart Chain. TKO combines the best of both worlds from Centralised Finance (CeFi) and Decentralised Finance (DeFi). DeFi’s lending and staking products can help […]
The decentralized finance (DeFi) and non-fungible token (NFT) markets are booming. Recently, an NFT art piece was sold for over $69 million. Now, Elon Musk is getting involved and is selling one of his tweets as an NFT, with the highest bid being over $1.1 million. The DeFi market also experienced major growth in recent […]
Informal savings groups are fast gaining traction in Nigeria, as well as other parts of Africa and the Binance-backed Xend Finance is aiming to make life easier for participants through dollar-pegged stablecoins. Hedging Against Inflation with Stablecoins Obtaining a loan to start up a business or other projects is quite a herculean task for theRead More
NFTs Major Milestones NFTs are the new cool kids on the blockchain. Unlike a Bitcoin token for example, where one can be interchanged for any other, NFTs are unique and no one is like any other. Non Fungible Tokens effectively take a medium like a piece art, a tweet or digital media and turn it into a one-of-a-kind token. One of the most recent examples of NFTs in the news is at the recent, rather […]