New partnerships, network upgrades, and a surge in DeFi activity sent Zilliqa price on a strong month-long rally. In the past month, Bitcoin (BTC) and Ether (ETH) basked in the limelight as each rallied to new yearly highs. Investors tend to focus their energy on the larger cap altcoins, which leads to smaller cap coins […]
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Compound governance refused to compensate COMP farmers right now, but the proposal may come back. On Dec. 14, the majority of the Compound Finance governance community voted against a proposed compensation plan for users affected by the Dai (DAI) liquidations that occurred on Nov. 26. Figures from the Compound governance dashboard show 681,290 votes against […]
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The protocol features leveraged trading, lending and borrowing and an in-house decentralized exchange. Sovryn, a decentralized finance platform operating on the RSK Bitcoin sidechain, announced on Tuesday its public launch. Users can now access a full suite for trading Bitcoin (BTC) in a trustless, noncustodial environment, benefiting from powerful leverage and yield opportunities. The platform presents a […]
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Turkey started off strong in crypto and blockchain in 2020 — then the pandemic happened. Turkey’s crypto and blockchain ecosystem welcomed 2020 with big ambitions and a strong track record from 2019, which was its best year ever in terms of adoption. Following the release of Statista’s “Global Consumer Survey 2019,” which lists Turkey as […]
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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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Sygnum claims it is the first bank in the world to tokenize its shares. Sygnum, a major cryptocurrency bank in Switzerland, has successfully tokenized its shares on a blockchain in preparation for its upcoming public sale. According to an official Dec. 14 announcement, the bank tokenized its shares on the Ethereum blockchain using a proprietary […]
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Traders and developers are trending towards greater DeFi depositor protections in unison On Friday, decentralized finance (DeFi) stablecoin project Origin Finance announced a plan to compensate users affected by a $7 million November exploit — part of a wider trend from developers, users, and traders that has seen actors across the DeFi space more widely […]
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The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link! Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much […]
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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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The New York Attorney General’s Office has reported that Ifinex is cooperating in producing documents regarding Bitfinex and Tether’s business relations from April 2019. The Office of the New York Attorney General, or OAG, has requested a deadline extension for iFinex Inc — the parent company of both crypto exchange Bitfinex and stablecoin issuer Tether […]
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