Tokenization might be the best way for businesses to adjust to the new reality of the global coronavirus pandemic. The coronavirus pandemic is the only thing on most people’s minds right now around the world. The pending economic fallout is only surpassed by the anxiety induced by surging cases in both the United States and […]
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Coinbase continues to ramp up its support for DeFi, announcing a fresh $1.1 million investment via its USDC Bootstrap Fund for two projects in the field. Coinbase continues to ramp up its support for decentralized finance (DeFi) applications, announcing a fresh $1.1 million investment via its USDC Bootstrap Fund for two projects in the field. […]
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The decentralized finance industry will keep growing in the future, and this growth will require more efficient and innovative incentives. Over the last year and a half, decentralized finance has had an explosion of activity. Lending and borrowing decentralized applications, margin trading, liquidity protocols, stablecoins, insurance and derivatives have all grown in user numbers, in […]
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Major crypto exchange and wallet provider Huobi has partnered with decentralized crypto lending platform Cred to enable users to earn interest on their crypto holdings. Major cryptocurrency exchange and wallet provider Huobi has partnered with decentralized crypto lending platform Cred to enable users to earn interest on their holdings. An announcement on April 1 revealed […]
Continue ReadingBitcoin price fell by 10% after the latest drop in mining difficulty, suggesting selling pressure from miners is driving down BTC price. Bitcoin (BTC) currently sits at $6,370, a slight recovery from the March 27 pullback which saw the price drop nearly 9% in 4 hours. Despite showing some bullish signs, Bitcoin is still down […]
Continue ReadingTron’s founder Justin Sun unveiled a new collateralized lending platform meant to bring DeFi to TRX, though it appears to be an exact clone of MakerDAO. On March 28, Tron (TRX) founder Justin Sun tweeted to announce the release of Djed, a system for collateralized loans he described as “something new.” The platform was immediately […]
Continue ReadingDue to significantly increasing numbers of mobile users worldwide, Ethereum should focus on mobile applications to adjust to reality. We live in an increasingly mobile world where I can order a vehicle driven by a complete stranger to take me anywhere, I can get food delivered in minutes, and I can conduct almost all my […]
Continue ReadingFor beginners wanting to learn more about decentralized finance, CoinGecko’s ‘How to Defi’ provides an accessible entry point. Decentralized Finance (DeFi) is certainly the buzz-phrase in the cryptocurrency world right now. But although we are hearing more and more about the potential of this technological breakthrough to revolutionize the world of traditional finance, many are […]
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DeFi’s most important company, MakerDAO, narrowly avoids the hangman’s noose, carries out debt auctions to set things right. The crypto industry is young, and in emerging tech, a handful of companies often lead the charge. For those holding equity in these companies, this is generally considered something to be encouraged. For everyone else, it is […]
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Coinbase Wallet integrates support for DeFi protocols Compound and dYdX allowing users to lend crypto. Leading U.S.-based cryptocurrency exchange, Coinbase, has integrated support for decentralized finance (DeFi) protocols on its wallet app. Per a March 26 announcement, Coinbase Wallet will now allow users to earn interest on cryptocurrencies through the DeFi apps, Compound, and dYdX. […]
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