As the world becomes more and more digital, the solution to the question of ownership is already here in the form of NFTs. In early July 2020, the total sales of nonfungible tokens, or NFT, hit $100 million. And that is just the start. As the DeFi market reached $4 billion in locked value and […]
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Yam Finance claims to bring fairness to farming with new elastic supply token. The latest craze in the DeFi sector is a new yield farming protocol called Yam which promises ‘equal opportunity’ staking with no premine, no founder shares, and a zero value token at launch. The experimental Yam Protocol is the talk of Crypto […]
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IBM could teach banks a thing or two about DeFi. In a Cointelegraph interview, director of IBM financial services and digital assets, Nitin Gaur, shared how the technology company is helping financial institutions to capitalize on the DeFi movement. Gaur — the author of Blockchain for Business — says it is essential that banks understand […]
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Grayscale Investments released a 30-second TV spot on its nine crypto trusts on major news networks this Monday. Amid sky-high expectations, the latest television ad from Grayscale Investments has proven a disappointment to many Bitcoiners. The 30-second ad is running on business and finance cable TV channels and there were hopes before it was unveiled […]
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Investment analyst Timothy Peterson says Chainlink (LINK) price might hit $32 by the end of 2020, but holding that level would be impossible. Timothy Peterson, a chartered alternative investment analyst, says Chainlink (LINK) token could be valued at $32 by the end of 2020. Peterson’s comments come just days after LINK rallied by 88% over […]
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The price of Bitcoin rejected $12,000 for the second time in a mere 10 days. Now, traders discuss where BTC is headed next. The price of Bitcoin (BTC) rejected the $12,000 resistance level for the second time in the past 10 days. Traders are generally optimistic about the short-term trend of BTC, following its extended […]
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Equilibrium is not quite ditching EOS, but Polkadot will be its new home. An EOS-based decentralized finance project, Equilibrium, has announced its plans to develop a new interoperable protocol on the Polkadot (DOT) blockchain. The project is set to develop an independent parachain connected with Polkadot, featuring an independent utility token called EQ. It acts […]
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The metals and minerals subsidiary of Mitsubishi has launched a blockchain platform to digitize metal trades. The metals and minerals resource trading subsidiary of Mitsubishi Corporation, Mitsubishi Corporation RtM Japan Ltd, has launched a blockchain platform named ECO for precious metals trading. Developed by Mitsubishi in partnership with the American blockchain company Skuchain, the platform […]
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Strong growth in the DeFi sector led Band Protocol (BAND) and Chainlink (LINK) to gain more than 100% over the past few weeks. This week Bitcoin (BTC) price is making waves as the digital asset finally pushed above the $12K mark, but prior to this move, altcoins have been strongly outpeforming BTC for weeks. Two […]
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Binance’s debit card process makes it a more of a centralized bank-like institution than the decentralized tech dreamed by Bitcoin’s creator. Satoshi Nakamoto years ago envisioned an ecosystem that would be independent of the centralized financial system that dominates the global economy today. His creation sparked a global community of enthusiasts and an entire industry […]
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