TL;DR Breakdown Stablecoins to surpass $100 billion this year. The crypto asset is set to become more versatile. Several financial experts have predicted that stablecoins will penetrate deep into the non-crypto currency sphere in 2021. As per industry figures, it is anticipated that these assets will surpass and maybe triple $100 billion. Its current market […] …
Tag: DeFi
Ethereum (ETH) rockets to new all-time high despite apathy in Bitcoin price
Ethereum just rocketed to a new all-time high despite the apathy in the Bitcoin price, which fell toward $30,000 on Sunday morning.
The post Ethereum (ETH) rockets to new all-time high despite apathy in Bitcoin price appeared first on CryptoSlate. …
Kyber Network Announces New Upgrade, Set for Complete DEX Overhaul
Decentralized exchange and market aggregator Kyber Network is gearing up to complete the final stage of its system overhaul. In a recent blog post, the network confirmed […] …
Ampleforth-like Bitcoin rebasing token DIGG drops: crypto stimulus checks
The latest crypto stimulus (or DeFi stimulus check, to be more accurate) has just dropped.
The post Ampleforth-like Bitcoin rebasing token DIGG drops: crypto stimulus checks appeared first on CryptoSlate. …
Bithumb Global Along with Clover Plan to Disrupt DeFi?
In the last year, decentralized finance, or DeFi, has rapidly grown to become one of the most promising use cases for blockchain technology and has benefitted from an explosion in innovation, as more projects and developers double down on their DeFi efforts. Until recently, these efforts were primarily concentrated on the Ethereum blockchain — since […] …
Experts Take On Cryptocurrencies That Could Upstage Bitcoin
It may seem way too early to predict which cryptocurrency will upstage Bitcoin. However, change is constant, and upstaging Bitcoin could also be the beginning of the mass adoption of cryptocurrencies and their underlying technologies. Here are industry experts’ thoughts on the issue. Edmund McCormack, Founder, and CEO of DChained predicts OCEAN Protocol (OCEAN) as […] …
Meet the Startups Merging Blockchain and Real-World Assets
One of the holy grails of blockchain technology has always been the potential for it to support the tokenization of real-world assets, allowing users to send, receive, and exchange the ownership rights to physical goods just as easily as making a Bitcoin transaction. But in the more than a decade that blockchain-based platforms have been […] …
Did Chainlink (LINK) just get on Grayscale Investments’ offering list?
A mysterious company popped up in the US state of Delaware.
The post Did Chainlink (LINK) just get on Grayscale Investments’ offering list? appeared first on CryptoSlate. …
Blockchain and Crypto to experience accelerated growth in 2021 – Ripple
Despite being on a sticky wicket in the wake of an SEC lawsuit, Ripple’s leadership is confident in the future of blockchain and crypto. According to an article released on the company’s website, RippleNet General Manager, Asheesh Birla says that cryptocurrencies are finally bridging the gap with traditional financial institutions, allowing fintech companies to seize […] …
How Phala Network is bringing on-chain privacy to the Polkadot (DOT) ecosystem
The burgeoning Polkadot ecosystem is getting yet another huge use case to its ever-expanding suite of innovative products.
The post How Phala Network is bringing on-chain privacy to the Polkadot (DOT) ecosystem appeared first on CryptoSlate. …
Former Ripple advisor to become US ‘Comptroller of the Currency’ under Joe Biden
The new administration is said to be more crypto friendly than the outgoing Trump government.
The post Former Ripple advisor to become US ‘Comptroller of the Currency’ under Joe Biden appeared first on CryptoSlate. …
How Cultural Differences Drive User Adoption in DeFi
Despite being virtually identical products at launch, SushiSwap and Uniswap have taken divergent paths as they respond to users, says Multicoin’s principal. …
DeFi on Cardano will enable users to earn yield on staked ADA
Once Cardano’s Goguen era is launched, users will be able to earn additional yield on their ADA without having to unstake their funds.
The post DeFi on Cardano will enable users to earn yield on staked ADA appeared first on CryptoSlate. …
Seascape Network to take DeFi Gaming to the Next Level with the Binance Smart Chain
[PRESS RELEASE – Please Read Disclaimer] 21st January 2021: Seascape Network the gaming platform designed around the NFT and DeFi economies, welcomes Binance, the global blockchain company behind the world’s largest cryptocurrency exchange as its latest investor. The investment is part of Binance’s $100 million fund, which supports blockchain projects that connect DeFi and CeFi […] …
Ripple looks to new administration to take U.S. blockchain industry forward
Team Ripple lets us know what to expect from cryptocurrency and blockchain technology going into 2021.
The post Ripple looks to new administration to take U.S. blockchain industry forward appeared first on CryptoSlate. …
Ethereum Price Can Skyrocket to $10,500 According to Fundstrat
ETH is capable of multiplying its value by 7x to $10,500, predicted strategists from the independent research platform Fundstrat Global Advisors. …
Freeliquid: Next Generation DeFi loan platform
[PRESS RELEASE – Please Read Disclaimer] There is a problem in crypto right now: around 1.5 billion dollars in stable coins locked into liquidity on Uniswap, earning minimal fees while being frozen. Fortunately, FreeLiquidity “frees” up this liquidity to be used elsewhere, while still retaining the passive income generated. Users will easily be able to […] …
Venture investor explains why Ethereum is poised to blow past its $1,450 high
Ethereum has been moving higher after flatlining in the $1,150-1,250 range over the past week.
The post Venture investor explains why Ethereum is poised to blow past its $1,450 high appeared first on CryptoSlate. …
Here are the US Treasury proposals for Bitcoin and ‘virtual currency’ wallets
They don’t seem very promising, despite the crypto industry’s rapid growth in the past year.
The post Here are the US Treasury proposals for Bitcoin and ‘virtual currency’ wallets appeared first on CryptoSlate. …
Saddle Raises $4.3M for Slippage-Free DeFi Trading
Silicon Valley’s Saddle is solving the stablecoin spread that currently dogs DeFi. …
BitMart Published Cryptos of the Year Report on Top 10 Altcoins For 2021
[PRESS RELEASE – Please Read Disclaimer] BitMart, a premier global digital assets trading platform, today announced its release of Cryptos of the Year 2020 Report. This report sheds light on ten altcoins listed on BitMart worth investors’ attention in the new year. The list recognizes outstanding projects that defined the year in blockchain, and thought […] …
Wen DIGG? BadgerDAO’s Bitcoin rebasing token appears on chain
Badger DAO has been one of the most-talked-about DeFi protocols over the past few months.
The post Wen DIGG? BadgerDAO’s Bitcoin rebasing token appears on chain appeared first on CryptoSlate. …
Maps.me Completes $50 Million Round for DeFi Integration
Maps.me, a travel and mapping application, has announced a successful funding round as it looks to integrate the travel world with decentralized finance (DeFi). The […] …
DeFi total value locked set to double
TL;DR Breakdown DeFi has a market cap that is well over $35 billion. Blockchains like Polkadot already have their altcoins built on them. Decentralized Finance (DeFi) has seen the total value locked (TVL) in its increase to an all-time high at the beginning of the year. The increased usage of the industry has seen the […] …
How Polkadot project StaFi brings liquidity to staked assets like DOT and ETH2
Massive amounts of capital are locked in staked crypto assets.
The post How Polkadot project StaFi brings liquidity to staked assets like DOT and ETH2 appeared first on CryptoSlate. …
This company is bringing DeFi to 140 million users thanks to a $50 million round of venture capital
Alameda Research, the company behind the FTX exchange, has led a funding round that raised $50 million to create a DeFi ecosystem on Maps.me, an offline mapping application.
The post This company is bringing DeFi to 140 million users thanks to a $50 million round of venture capital appeared first on CryptoSlate. …
Maps.me Raises $50M Funding Round Led by SPF for DeFi Inclusion
Maps.me stands as one of the leading offline mapping applications out there, and had recently done a fundraising round by the tune of $50 million. […] …
DeFiMAGIC Demonstrates NFT Use Case on Ardor
2020 saw a surge in defi and non-fungible token (NFT) activity happening on Ethereum as excitement grew around the prospect of yield farming and investing in the new world of digital collectibles. Inspired by this growing interest, members of the Ardor community set out to develop DeFiMAGIC, harnessing the features of the multi-chain platform including […] …
DeFi Explosion: Binance DeFi Index Hits ATH as Total Value Locked Eyes $25 Billion
DeFi keeps booming as Binance’s DeFi Composite Index sees a new all-time high record while the TVL eyes $25 billion. …
Bitcoin Price Battles for $36K As Market Cap Reclaims $1 Trillion (Market Watch)
The crypto market cap reaches $1 trillion again as BTC recovered from its weekend slump, while BNB and LINK paint new records. …
Offline Travel App Maps.Me Raises $50M in Seed Funding Led by Alameda Research
The funding will go toward the launch of a multi-currency wallet on Maps.me and enable a decentralized finance (DeFi) ecosystem. …
Curve (CRV) erupts 50% higher in a day amid renewed DeFi interest
The majority of decentralized finance (DeFi) coins have seen extremely strong rallies since the start of 2021.
The post Curve (CRV) erupts 50% higher in a day amid renewed DeFi interest appeared first on CryptoSlate. …
ETH supply ratio on a steady decline
TL;DR Breakdown ETH ratio of supply has dropped massively in recent times. Increased DeFi users would lead to more demand for the second-largest crypto asset. Ethereum’s ratio of supply has dropped massively. The ratio of supply is a metric used to measure the total available token on crypto exchanges. According to Santiment, the last time […] …
Ethereum Rival NEAR Protocol Rallies 106% As DeFi Gains More Presence
Smart contracts facilitator and blockchain platform NEAR Protocol has gained 106% in the last month. The recent consolidation of the platform has attracted the attention […] …
Why Digital Asset Insurance Will Be Crucial in 2021
Without a doubt, the last year has been one of the best years for cryptocurrency investments. Bitcoin price has climbed from $5,288 in mid-March to […] …
DeFi’s Revolution To Begin From Africa’s 100 Million Untapped Market
Charles Hoskinson, Cardano Founder, has predicted that the DeFi revolution will begin in the developing world. He also added that the 100 million market potential […] …
Move Over BitCoin… There’s a New Chief in Town!
ExMarkets and CoinMargin exchanges launch NativeCoin (N8V) Cryptocurrency Initial Exchange Offering! John Simmons, former chairman of the Nisqually Tribe (which operates the Red Wind Casino), wants to make it perfectly clear: “Move over Bitcoin, because there’s a new chief in town!” That new chief in the world of cryptocurrency is NativeCoin (N8V ), a sovereign […] …
Move Over BitCoin… There’s a New Chief in Town!
ExMarkets and CoinMargin exchanges launch NativeCoin (N8V) Cryptocurrency Initial Exchange Offering! John Simmons, former chairman of the Nisqually Tribe (which operates the Red Wind Casino), wants to make it perfectly clear: “Move over Bitcoin, because there’s a new chief in town!” That new chief in the world of cryptocurrency is NativeCoin (N8V ), a sovereign […] …
Market Wrap: Bitcoin Dips to $34.4K as Big-Name DeFi Tokens Trounce ETH
Bitcoin may be down now but there is still growing demand for crypto assets, one analyst said. …
A $400m Ethereum address known as “0xb1” is doing a giveaway to boost DeFi
If you’ve been following DeFi on Twitter over the past few months, you likely know of the address with the prefix “0xb1.” I’ve tweeted about the address a fair bit.
The post A $400m Ethereum address known as “0xb1” is doing a giveaway to boost DeFi appeared first on CryptoSlate. …