The Singapore-based exchange will enable a new P2P lending feature in two weeks through its TomoDEX’s platform. Singapore-based cryptocurrency exchange TomoChain will launch a peer-to-peer, or P2P, lending feature in two weeks through its TomoDEX’s platform. According to an announcement, TomoDEX is the first decentralized exchange, or DEX, powered by the layer 1 protocol TomoX […]
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The DeversiFi decentralized exchange has integrated Starkware’s zkStark layer-2 scaling technology into its 2.0 incarnation, bringing high-speed trading, instant settlement and withdrawal certainty. The DeversiFi decentralized exchange, or DEX, relaunched as DeversiFi 2.0 on June 3, incorporating Starkware’s zkSTARK layer-2 scaling technology. This new platform will be able to process over 9,000 transactions per second, […]
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Decentralized finance still has a few issues to overcome, but new solutions are emerging, which may help bring this technology to a wider audience. Is the missing link interoperability? It’s commonly agreed that one of the major catalysts for DeFi adoption is interoperability — the ability for every tool, smart contract and DApp to interact […]
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Uri Kolodny, co-founder and CEO of blockchain firm StarkWare, told Cointelegraph that Ethereum’s second-layer scalability solutions still need some work. Uri Kolodny, co-founder and CEO of blockchain firm StarkWare, told Cointelegraph that Ethereum second-layer scalability solutions still need some work. Ethereum co-founder Vitalik Buterin claimed on June 1 that the blockchain’s layer-two scaling initial deployment […]
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The Aave protocol has introduced Uniswap tokens as a collateral form, which opens the door to the somewhat risky practice of leveraged liquidity pools on the exchange. The Aave lending protocol introduced a new market based on Uniswap liquidity tokens, which lets depositors borrow assets against these synthetic tokens. The Uniswap market was launched and […]
Continue ReadingAn EOS DeFi project wants to make use of the blockchain’s smart contract upgrade features, enlisting the help of Binance, Eosfinex and others to oversee the process. Equilibrium, an EOS-based decentralized finance, or DeFi, project similar to MakerDAO (MKR), is adding four block producers to its governance system, most notably Binance. Other members include Eosfinex, […]
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John McAfee’s anonymity-oriented Ghost project plagiarizes PIVX blockchain in “at least 20 of the 26 total pages” of its whitepaper, PIVX developers claim. John McAfee’s anonymity-oriented Ghost project has largely plagiarized its whitepaper, according to developers of privacy coin PIVX. “After a detailed investigation, it is obvious the GHOST whitepaper was plagiarized extensively from an […]
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Though cryptocurrencies are difficult to evaluate properly, DeFi protocol revenue allows stock market measures like P/E to be used. While it is difficult to define the intrinsic value of most cryptocurrencies, decentralized finance, or DeFi, tokens appear to be an important exception. As explained by Lucas Campbell, analyst at Fitzner Blockchain Consulting, in his Bankless […]
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A single transaction today has created more Wrapped Bitcoin on the Ethereum network, than the total amount of BTC locked in the Lightning Network. One thousand Wrapped Bitcoin (WBTC) were minted today on the Ethereum network (ETH) — a single transaction that represents more U.S dollar value than the entire Lightning Network. It brings the […]
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A security vulnerability on decentralized exchange, Loopring, was identified and quickly patched before it could be exploited. On May 7, Blockchain scalability and privacy specialist, Starkware, discovered a critical security vulnerability in the frontend wallet of Loopring’s decentralized exchange. This bug placed all $5 million worth of the exchange’s funds at risk. Starkware alerted Loopring, […]
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