An algorithmic stablecoin experiment is playing out over Christmas weekend — and real money’s on the line. While wild price action on Bitcoin and Ethereum have claimed the attention of most traders over the Christmas weekend, a select sect of crypto traders are following an experiment playing out in real-time that may have implications for […]
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With only a few days of 2020 left, here’s a look at some of the major disappointments in the crypto industry during the year. While 2020 has been a landmark year for the crypto space, there have been a few notable letdowns. Despite the growing mainstream acceptance of virtual currencies, some governments are still creating […]
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Experts in blockchain technology and the crypto space take on the question: What impact has DeFi had in 2020, and what can we expect in 2021? Figuring out the point at which decentralized finance began almost always ends up in a rhetorical debate. Some argue that Bitcoin’s (BTC) invention a decade ago marked the start […]
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Decentralizing finance, governance and technology should be the ultimate goal for the DeFi sector. The role of governance in the booming decentralized finance industry is a nascent one, and there are ongoing conversations from key figures in the industry around its purpose and what governance may look like in the future. Sam Bankman-Fried of FTX […]
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Ethereum proponents and DeFi enthusiasts alike have panned plans by Compound Finance to launch its own blockchain in 2021. DeFi lending protocol Compound published a white paper on Thursday introducing Compound Chain, a new blockchain aimed at providing cross-chain value transfer capability. Reactions to the news have been overwhelmingly negative with many respondents on social […]
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The two Polkadot parachains will communicate to create a unified DeFi environment. Cross-chain DeFi lending protocol Equilibrium (EQ) is set to bring its USD-pegged stablecoin to Moonbeam, a Polkadot (DOT) project building an Ethereum-like blockchain. DeFi projects building on Moonbeam will be able to use Equilibrium’s stablecoin as if it were native to the blockchain. […]
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A focus on interoperability and staking allowed Waves to turn the tide with a month-long 107% rally. The first half of 2020 was pretty tumultous for Waves (WAVES), as the altcoin underperformed Ether (ETH) price by 36%. Waves (WAVES) in ETH terms. Source: Digital Assets Data While it was once a top-20 cryptocurrency for a […]
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Beyond the obvious financial risks, there are a number of technical risks DeFi users should be aware of. A November report by data and research company BraveNewCoin has highlighted a number of serious ‘non-financial’ risks in decentralized finance. The financial risks involved with DeFi have been well documented, but the new report delves into more […]
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Some stablecoins are more useful than others. This is the latest issue of Finance Redefined, Cointelegraph’s DeFi-centric newsletter delivered to subscribers every Wednesday. A relatively quiet week in DeFi finally has given me some breathing room to talk about a subject I’ve been postponing since almost the beginning of this newsletter, namely: What’s up with […]
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The Waves-backed project will share a portion of protocol fees with NSBT holders. The Neutrino Protocol, a project building algorithmic cross-platform stablecoins, announced Tuesday the launch of staking rewards for its governance and utility token, NSBT. Neutrino uses an innovative mix of collateral backing and algorithmic supply changes to create a wide range of fiat-pegged […]
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