Centralized Crypto Futures Exchange Integrates Chainlink’s Price Oracles

Chainlink’s decentralized price oracles will be used as an “anchor” by the forthcoming derivatives exchange Digitex Futures to protect traders against slippage. Forthcoming Seychelles-based crypto derivatives trading exchange Digitex Futures has announced it will integrate Chainlink’s (LINK) decentralized price reference contracts on its platform. Chainlink’s decentralized price oracles are typically utilized by decentralized finance (DeFi) […]

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Reddit’s Co-Founder Believes We Are In ‘Crypto Spring’

Reddit’s co-founder believes the crypto markets have entered Spring, highlighting robust development in the space. Reddit co-founder Alexis Ohanian has described the virtual currency ecosystem firmly sitting in “crypto spring,” emphasizing the strength of development surrounding meaningful applications for blockchain technology. In an interview with Yahoo Finance published May 23, Ohanian stated: “We really do […]

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Tyler Winklevoss: Stablecoin Race to Begin When Wall St Embraces DeFi

Tyler Winklevoss believes that stablecoins will not truly emerge until Wall Street embraces the DeFi sector. Investor, early crypto adopter, and CEO of Gemini exchange, Tyler Winklevoss, predicted that competition between stablecoins will really begin once Wall Street moves into decentralized finance, or DeFi, during a recent interview with The Defiant’s Camila Russo. However, despite […]

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Bitcoin Miners Will Use Derivatives Like Traditional Commodity Producers

Miners need traditional financial products in order to hedge against the risk of increasing hash rate and difficulty. Bitcoin (BTC) mining has become a multibillion-dollar industry. Pools, manufacturers and farms contribute to the growth and professionalization of the space. Financial service companies bring institutional-grade products and capital that increases liquidity for the biggest operators. There’s […]

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DeFi Exec Believes Crypto Community Mostly “Short-Term Thinkers”

DeFi entrepreneur Alex Mashinsky has slammed crypto’s culture and community for short-term profiteering. In an interview with Cointelegraph, Alex Mashinsky, the founder of the decentralized finance app Celsius Network, took aim at the crypto community for becoming fixated on short-term profiteering and failing to drive mass adoption. Mashinsky urged the community to capitalize on the […]

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