Bitcoin zipped past $20,000 per coin this morning, pushing the asset into uncharted waters. After toying with all-time price highs in recent weeks, Bitcoin (BTC) finally crossed $20,000 for the first time on Dec. 16. The digital currency hovers around $20,800 at time of publication. “We have been waiting for this moment for years, and now […]
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Compound governance refused to compensate COMP farmers right now, but the proposal may come back. On Dec. 14, the majority of the Compound Finance governance community voted against a proposed compensation plan for users affected by the Dai (DAI) liquidations that occurred on Nov. 26. Figures from the Compound governance dashboard show 681,290 votes against […]
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The price of BNT, the native token of the Bancor protocol, spiked by 86% in two days. The price of BNT, the native token of Bancor, surged 86% in merely two days from $1.02 to $1.919. The rally was fueled by a combination of Coinbase listing BNT and the growing volume of Bancor’s DEX. The […]
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Speaking at a DeFi summit, Compound Finance founder Robert Leshner is confident that CeFi will embrace DeFi. Compound Finance founder, Robert Leshner, says that CeFi will inevitably embrace DeFi and there are signs it is already occurring. Speaking at the REDeFiNE TOMORROW — Global DeFi and Blockchain Virtual Summit in Bangkok, Thailand today, Leshner aired […]
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Malta’s plan to become a”‘blockchain island” appears to have stalled, with few retail banks indicating a willingness to work with crypto firms. Malta’s Finance and Employment Minister, Clyde Caruana, has revealed that the nation’s plan to become a “blockchain island” is floundering due to the unwillingness of local banks to work with innovative firms. Speaking […]
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A snapshot for the Spark airdrop may have caused a record spike in Ethereum address creation. Ethereum address creation hit a 35-month high on December 14 when 177,000 new addresses were added to the network according to analysts from Santiment. The analytics provider reported that its network growth metric showed Ethereum adding 177,500 addresses in […]
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“Secret Tokens combine the programmability of ERC-20s with the privacy of coins like Zcash or Monero.” An open-source blockchain protocol called the Secret Network is now offering privacy features for the Ethereum blockchain and 14 ERC-20 tokens. According to a Secret Network blog post, the protocol launched its Secret Ethereum Bridge on the mainnet today, […]
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A handful of DeFi tokens are producing double-digit gains as Bitcoin price fights to turn $19,500 to a strong support level. The world’s negative-yielding debt has soared to over $18 trillion according to Bloomberg. In such times, it is no surprise that the decentralized finance space, a place where mouth-watering yields can be found, has […]
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Users can now mint tBTC, a decentralized version of Bitcoin on the Ethereum blockchain, right on the CoinList exchange. tBTC acts as Bitcoin (BTC) covered in an Ethereum wrapper, making it compatible on Ethereum’s blockchain for various purposes, such as decentralized finance, or DeFi. Users of tBTC can now mint the asset on crypto exchange CoinList. […]
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The protocol features leveraged trading, lending and borrowing and an in-house decentralized exchange. Sovryn, a decentralized finance platform operating on the RSK Bitcoin sidechain, announced on Tuesday its public launch. Users can now access a full suite for trading Bitcoin (BTC) in a trustless, noncustodial environment, benefiting from powerful leverage and yield opportunities. The platform presents a […]
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