Decentralized exchanges such as Uniswap have now become popular thanks to automated market makers, but what does it all mean? What are the risks and limitations of AMMs? Bugs, improper pricing and impermanent loss Despite some positive qualities, AMMs present certain risks and limitations. Hacks and vulnerabilities have already affected exchanges such as Uniswap and […]
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DeFi has been the name of the game since the start of the summer, but how much is the sector really growing? The hype surrounding decentralized finance is sometimes credited with triggering a wider market rally in July, as new protocols began releasing tokens that were immediately posting gains of many times their initial value. […]
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Personal tokens are growing in popularity with the host of ‘Week in Ethereum’ listing EVAN tokens on Balancer”. The host of the ‘Week in Ethereum’ Podcast and former Director of ConseSys, Evan Van Ness is the latest person to tokenize himself on the blockchain — a growing trend in the gaming and marketing sectors. Within […]
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Decentralized prediction market platform Augur has completed its v2 upgrade, introducing a host of DeFi features onto the platform. Decentralized predictive betting market platform Augur (REP) has announced the successful deployment of its v2 upgrade. The upgrade is intended to address bugs and vulnerabilities identified with the existing platform and its rules surrounding betting markets, […]
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The BAND price is surging as the oracle provider partners with South Korea’s premier blockchain network, ICON. South Korea’s leading blockchain network ICON has announced a partnership with Chainlink rival BAND, which has gained a lot of momentum recently. The partnership will provide ICON developers with complete access to the BandChain decentralized oracle network to […]
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DeFi earnings fell in Q2 as MakerDAO dropped the savings rate and Synthetix began reporting its actual earnings. The DeFi industry may be booming this year, but a new report shows earnings have fallen despite a huge surge in token prices. The second quarter token report from Bankless, a DeFi focused newsletter from Mythos Capital […]
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A newly launched DeFi platform promises to always find the best yield for its users by taking advantage of variable interest rates and reward schemes. A new decentralized finance platform is set to ride the yield farming wave by automating the process of finding the most efficient opportunities for its users. The platform, Rari Capital, […]
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New dev tools promise to make blockchain development open to more engineers, as well as faster and more efficient. While it may be a long-standing joke in the developer community that any bug can be turned into a feature simply by documenting it, the fact is that blockchain deployment is often mission-critical. Whether it’s at […]
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The founder of the first crypto venture capital firm believes that altcoins will eventually provide better returns than Bitcoin. Dan Morehead, the founder of the first crypto venture capital firm, Pantera Capital, believes that altcoins will outperform Bitcoin (BTC) over the next couple of years. Speaking at the Unitize virtual event, Morehead said that in […]
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Ethereum’s 2020 DeFi boom came at the cost of its gaming ecosystem. Results for the second quarter of 2020 show tremendous growth for decentralized applications across all ecosystems, primarily spearheaded by Ethereum (ETH) decentralized finance, or DeFi. Decentralized exchanges were at the frontlines of the rise as Compound token mining activity trickled down to on-chain […]
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