Lending startup Teller has raised $1 million in a seed funding round led by Framework Ventures to create a credit score protocol for DeFi. Decentralized lending startup Teller has raised $1 million in a seed funding round led by Framework Ventures to build the first algorithmic credit risk protocol for decentralized finance (DeFi). The solution […]
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Key U.S. federal stimulus programs are set to expire soon and if they are not renewed the stock market and Bitcoin price could crash again. A recent newsletter to Delphi Digital clients delved into the economic aftermath of the coronavirus pandemic and how the current fiscal stimulus package from the U.S. Federal Reserve could be […]
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Super users on DeFi platforms soared 20% in Q2, while bot usage has also increased. Massive growth in decentralized finance over the past three months has been accompanied by a big increase in the number of ‘super users’ who dominate the sector. Along with the prevalence of trading bots, it has raised questions over the […]
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Crypto regulation in 2020: The U.S. tightens regulation of crypto, while India has finally allowed banks to get involved with firms. Cryptocurrencies have been around for more than 10 years, but the legal status of Bitcoin (BTC) and most other cryptocurrencies remains unclear and has different definitions in various jurisdictions. Are they money, an asset, […]
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The founder of blockchain security company Quantstamp, Richard Ma, said security is the biggest challenge for DeFi’s growth. Richard Ma, the CEO and co-founder of the blockchain security startup Quantstamp, explained that decentralized finance has the potential to change our financial ecosystem but security remains a huge challenge. “We think security is very crucial for […]
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The Aave decentralized finance protocol new feature lets users borrow money without posting collateral. The Aave lending protocol recently launched a new feature called Credit Delegation. This feature allows users to provide peer-to-peer loans with no formal collateral requirements. Stani Kulechov, the CEO of Aave, explained via Twitter how the system will work. The Credit […]
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Justin Sun announced three upcoming DeFi products from Tron, but crypto Twitter didn’t seem impressed. Justin Sun, the founder of blockchain protocol Tron, recently took to Twitter to announce his company’s foray into the decentralized finance space that will work in areas of decentralized loans and trades. Sun revealed that the project, JUST DeFi, plans […]
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A recent Bloomberg report says Bitcoin is a resting bull but improperly interprets key metrics to paint a bullish case for BTC. Bloomberg senior commodities strategist Mike McGlone recently released a midyear crypto outlook, which states that Bitcoin volatility should continue to decrease as the asset behaves more like gold. The report also says that […]
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Documents shared with Cointelegraph confirm that Telegram refunded some American TON investors 72% of their investments about a month ago. Telegram, the creator of the failed Gram (GRM) token and the Telegram Open Network, or TON, was well into investor reimbursement weeks before a court in the United States ruled that the firm had to […]
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A huge corruption scandal involving Chinese loans backed by fake gold is pressuring its supporters to defend it against unforgeable Bitcoin. The Bitcoin (BTC) versus gold debate rages on this week as reports reveal fake bars fuelled a $2.8 billion corruption scheme. As Chinese media outlet Caixin reported on June 29 via Nikkei, a loans […]
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