Tagged: defi

DeFi Wealth Management Platform YIELD App Reports Over 25,000 Users, Appr. $46M AUM

YIELD App, a decentralized finance (DeFi) wealth management platform, has revealed that they’ve seen “strong” growth during their first quarter of trading, with the total number of users reaching almost 26,000 as assets under management (AUM) surged to around $46 million “between week one and… Read More

Cardano Smart Contracts Update to Allow Blockchain Devs to Work with Auctions, Collectibles, Crowdfunding Use-Cases

Alonzo will be developing on Cardano’s (ADA) token upgrades in order to give application developers the tools needed for creating business applications. IOHK, which supports Cardano development, notes in a blog post that at the beginning of March 2021, they implemented Mary ‒ which is… Read More

Binance Smart Chain Reaches All-Time High Transaction Volume, Binance Launchpad Announces Support for Tokocrypto

The blockchain-based decentralized applications (dApp) industry has seen “tremendous” growth, according to a report from DappRadar. There’s been a 639% increase in active wallets across all blockchain or distributed ledger technology (DLT)-enabled platforms during Q1 2020. The report reveals that there were around 458,000 daily… Read More

Digital Asset Exchange Poloniex Lists Bitcoin Standard Hashrate Token or BTST, Platform Supports Over 80 DeFi Coins

Crypto exchange Poloniex has announced a new DeFi listing. The Poloniex team writes in a blog post published on April 6, 2021 that they’re pleased to support BTCST in their decentralized finance or DeFi Innovation Zone, beginning today (April 6). BTCST joins more than 80… Read More

Waiting for Crowdfunding Boom 3.0

It seems hard to believe, especially after a decade where it dominated new finance, but equity crowdfunding is still just in its infancy. Originally coined by entrepreneur Michael Sullivan in 2006, the true modern crowdfunding boom kicked off at the start of the previous decade… Read More

Sasha Ivanov from Waves Blockchain Platform Reveals DLT Project’s Extensive New Roadmap

Sasha Ivanov, the Founder of the Waves Platform, an open blockchain protocol and development toolset for Web 3.0 apps and decentralized finance (DeFi), notes that while facing the different challenges of mass adoption, Waves, as an ecosystem, “must step it up a notch, working on… Read More

DeFi Startup Gro Secures $7.1M in Seed Funding to Make Decentralized Finance Market More Accessible

Gro has acquired $7.1 million via a seed round in order to make DeFi more accessible The Gro team writes in a blog post that they’re pleased to confirm that some great business partners and investors have helped them with building their vision of “simple”… Read More

Cross-Chain DeFi Money Market HARD Protocol Now Offering +25% APY “Without Counterparty Risk”

HARD Protocol, a cross-chain (decentralized finance) DeFi money market developed on the Kava platform, has performed a Version 2 upgrade. In addition to enabling lending and borrowing of cross-chain assets, a number of other new enhancements will now be accessible to financial institutions seeking to… Read More

High-Interest DeFi Token Clever (CLVA) Listed on Uniswap, an Ethereum Token Exchange that Recently Launched New Features

The developers of Clever DeFi (CLVA), a crypto token that claims to offer 307% returns during the first year and 445% during the second year, state that they’re the first “pure-DeFi” initiative  with “zero team tokens and complete decentralization.” Clever DeFi also claims that it’s… Read More

IOHK Reports Successful Decentralization of Cardano

IOHK, a blockchain research and development company and the developers of the Cardano blockchain, reports that as of today (22:44:51 BST) Cardano block production has been successfully decentralized. IOHK states that they will no longer produce any blocks on Cardano, with the responsibility now fully… Read More

DeFiChain, a Blockchain Platform on the Bitcoin Network, Introduces ERC-20 Token Standard DFI on Ethereum

DeFiChain, a blockchain platform on the Bitcoin network that is focused on “decentralized monetary applications,” has revealed the launch of an ERC-20 standard token called DFI on the Ethereum (ETH) blockchain. As mentioned in an update shared with CI, the new ERC-20 token aims to… Read More

Uniswap V3 Launch Animation by Digital Artist Sells for $525K to DAO formed for Buying NFTs

Last week, the developers of Uniswap, a leading non-custodial Ethereum token exchange, announced that they had officially launched Version 3.0 of the platform. The Uniswap team reminded users that Version 1.0 was introduced back in November 2018 as a proof of concept for automated market… Read More

Waves Developer Advocate Vladimir Zhuravlev Explains why You Should Build DeFi Apps on Waves

  Vladimir Zhuravlev recently commented on why we should consider using the Waves protocol for building decentralized finance or DeFi apps. Zhuravlev, who’s a Waves developer advocate, has discussed in a blog post what the advantages might be of using the Waves protocol for creating… Read More

Ethereum “Fee Burn Proposal” May Lead to ETH Price Skyrocketing, but Many Challenges Remain, YIELD App Team Explains

The developers of YIELD App, which allows users to deposit various crypto-assets and earn competitive returns, have published a blog post that covers the controversial Ethereum Improvement Proposal or EIP 1559, the ongoing Ethereum “miner revolt” and “what it all means” for decentralized finance (DeFi)…. Read More

Bitcoin ETF: Pending US BTC Exchange Traded Fund Applications include WisdomTree, VanEck, NYDIG Asset Mgmt, Skybridge, First Trust 

The researchers at Bloqport have confirmed that only a month after launch, the first-ever Bitcoin ETF has reached $1 billion CAD in assets under management or AUM (as of March 20, 2021). Just one month after launch, the first ever #Bitcoin ETF has hit $1… Read More

CipherTrace and Blockchain Industry Insiders Comment on Updated FATF Guidelines on Virtual Assets and VASPs

Blockchain security firm CipherTrace has provided an analysis on the proposed Financial Action Task Force (FATF) guidance for digital assets and virtual asset service providers (VASPs). On March 19, 2021, global anti-money laundering watchdog, the FATF, released a public consultation for its latest Draft Guidance… Read More

Over Half a Trillion Dollars has Been Transacted with USDC Stablecoin from Global Fintech Circle

Global Fintech firm Circle has revealed that the market capitalization for its stablecoin USDC has now exceeded $10 billion. More than 2 years after introducing the compliant and regulated “digital dollar” stablecoin, growth “continues to accelerate as shifting macroeconomic trends and exploding innovation in digital… Read More

CoinShares Digital Asset Fund Flow Report: Ethereum Comprised Nearly Half of Flows, Record $55.8B AUM

Digital assets firm CoinShares has released its weekly Fund Flows Report (on March 15, 2021). The digital asset fund flows report notes that crypto-asset investment products closed on Friday (March 12, 2021) with an all-time record $55.8 billion AUM – which came after positive price… Read More

Over $1.6B in Total Value Locked in Bancor Protocol, an Ethereum Protocol Enabling Automated, Decentralized Token Exchange

During the past month, the total value locked (TVL) in the Bancor Protocol has more than doubled, surpassing the $1.6 billion mark. Bancor, which serves as a liquidity protocol that enables automated, decentralized exchange, reveals that it managed to break into the top 10 projects… Read More

The Under-Appreciated Significance of Coinbase Going Public

Once the Coinbase registration statement becomes effective and Coinbase shares trade publicly, a sea change will have occurred in the US without most people recognizing it.  Part of that unacknowledged difference will be the broader awareness of blockchain and cryptoasset trading it brings. It is… Read More

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