The recent Tether burn seems to have involved a lot of trust between Binance and its counterparties. On August 20, a Tether swap worth $1 billion happened — it involved Binance, Bitfinex, and a major fire dumpster on TRON (TRX) blockchain. Tether flows. Source: Flipside Crypto. From time to time, the news of Tether burning […]
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DeFi’s meme coins are causing a stir within the crypto community, as some call foul, others see the upside. In recent weeks, talk of hotdogs, sushi and yams has infiltrated the crypto industry. Such references, however, are not as they seem and actually relate to assets in the decentralized finance sector of crypto. Over the […]
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With regulators unlikely to change old-fashioned rules in favor of the emerging market, DeFi might be burdened under fraud and new portions of restrictions. Over the years, we have seen a lot of trends such as initial coin offerings, initial exchange offerings, security token offerings, decentralized autonomous organizations and many more, but none of these […]
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Like the ICO boom of 2017, DeFi plays to our desire to get rich fast without any responsibilities. Decentralized finance, in a nutshell, promises transparency and offers beneficial terms for borrowers. DeFi platforms are supposed to build an alternative financial system for offering/receiving loans, exchanging currencies, making payments, etc. There are no banks, brokers or […]
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One of DeFi’s most active, successful investors shares his thoughts on yield farming, the origin of LINK Marines, and how DeFi will evolve. Following the collapse of initial coin offerings, venture capital became the primary funding source for cryptocurrency projects. A slew of crypto-native funds opened their doors, one of them being Framework Ventures, a […]
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The DeFi cryptocurrency space is attempting to rebound after an eventful week that saw Bitcoin price recover above $10,000. DeFi projects have been dominating headlines as of late, and the unexpected departure by a high-profile founder had ripple effects throughout crypto markets. Here are the top stories from the past week: Bitcoin price hits $9.8K […]
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Bitcoin price is consolidating into a tighter range as traders appear ready to test the $10.5K resistance. Bitcoin (BTC) price appears to have entered the weekend on the good foot after a relatively uneventful Friday saw the price continue to fluctuate between $10,200-$10,400. Cryptocurrency daily market performance snapshot. Source: Coin360 At the time of writing […]
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As lead maintainer Wladimir van der Laan takes a break from Bitcoin duties, we ask what would happen if the entire Github maintenance team disappeared. It is a question that many in the crypto community must have asked themselves at least once. The news of Wladimir van der Laan taking a temporary hiatus, prompted us to […]
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This region in South Korea may adopt a blockchain voting system. On September 11, the head of the Seocho regional government proposed a blockchain-powered voting platform for residents, and praised the recent influx of crypto-related developments across the country. According to UpDown Korea, Cho Eun-hee, who is the local government leader of one of Seoul’s […]
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September’s Ethereum call options data are not in favor of traders expecting $400 ETH but a DeFi bull run could change this. Ether (ETH) price gained 14% from its Sept. 6 low at $320, but this month’s futures and options expiry is less than two weeks away. As its price is still pinned below $400, […]
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