The Ethereum network appears to be following the likes of Nvidia and other tech sector giants whose use case and growth strategy model evolved over time. In July 2016, a mere four years ago, Nvidia was a $26-billion company focused on GPU chips and graphic card production. In comparison, the long-standing sector leader was Intel […]
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The Ethereum ecosystem is now seeing the growth and adoption of ideas outlined more than five years ago, including many of the components of DeFi. Ethereum’s fifth anniversary from the mainnet launch is upon us, marking an important milestone in the long history of the first smart contract platform to reach significant adoption. Following the […]
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Decentralized prediction market platform Augur has completed its v2 upgrade, introducing a host of DeFi features onto the platform. Decentralized predictive betting market platform Augur (REP) has announced the successful deployment of its v2 upgrade. The upgrade is intended to address bugs and vulnerabilities identified with the existing platform and its rules surrounding betting markets, […]
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With the value of funds locked in DeFi almost quadrupling in less than two months, the community is debating whether DeFi is in a bubble. Data published by crypto market analytics firm Messari on July 29 indicates that the collective capitalization of the decentralized finance (DeFi) sector is equal to only 1.5% of the entire […]
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Mainframe plans to integrate Sablier’s money streaming technology into a fixed-rate lending protocol and create tokenized debt markets akin to digital bonds. Blockchain firm Mainframe has acquired Sablier, an Ethereum-based protocol for real-time finance. Mainframe plans to integrate Sablier’s money streaming technology into a fixed-rate lending protocol and create tokenized debt markets akin to digital […]
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MakerDAO posts records in value locked as yield farmers create new Dai and Ether rallies. MakerDAO (MKR), the foundational protocol of decentralized finance on Ethereum, hit a new all-time high in the total value locked in its vaults. According to data from Defipulse, the value of the collateral locked in MakerDAO vaults is now slightly […]
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A derivatives exchange wants to offer its users a way to hedge against and speculate on the changes of Dai’s Savings Rate. Delta Exchange, a crypto derivatives platform, announced the launch of an interest rate swap contract for DAI, MakerDAO’s dollar-pegged stablecoin. The contract will allow its purchasers to enter interest swaps on the Dai […]
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Aave and Synthetix Network both overtook MakerDAO’s Maker by market capitalization as the DeFi sector continues to surge. Decentralized Finance (DeFi) tokens continue to make drastic moves on the price charts, compensating for Bitcoin’s low volatility which has recently hit a three year high. Earlier today, Aave (LEND) and Synthetix Network (SNX) token briefly surpassed […]
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Will DeFi take over centralized finance?: A deep dive into the benefits, advantages, dangers and constraints of both systems. Decentralized finance has become one of the hot topics in crypto this year. Although activity and volume in the DeFi space still lag behind its popularity, this is starting to change as novel protocols become available. […]
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Why we are now seeing clear institutional interest in the growing space of decentralized finance that will take it to the next level. The decentralized finance sector has been steadily growing and has begun to see the fruits of its labor. But while there is much hype surrounding DeFi projects and applications, particularly during Bitcoin’s […]
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