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DeFi will likely continue to amass more users at the current pace of innovation as systems become scalable and interoperable. This raises the probability of crypto users opting for alternative DeFi environments despite Ethereum’s current market dominance.Uniswap, a Decentralized Application (DApp) built on the Ethereum blockchain, is making headlines in
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We spoke to Sulim Malook, the founder and CEO of Crypto Millions Lotto, to establish everything you need to know about digital lotteries.Human behaviour and patterns are always changing, however the pandemic has greatly accelerated a shift in human behaviour and trends with regards to digital usage and consumerism. More
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Acala’s Karura swap has become the first decentralized exchange (DEX) on the Polkadot and Kusama ecosystem, along with launching the first trustless trading pair. Karura Swap Goes Live With $3.4 Million in TVL The announcement was made by decentralized financial hub Acala Foundation in a Medium blog post on Friday (July 23,
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Karura, the Kusama implementation of the Acala protocol, has launched its decentralized exchange (DEX) platform, Karura Swap.According to the announcement issued on Friday, the DEX platform is now live, with KSM/KAR being the first trading pair on the exchange.Per details provided by the announcement, Karura Swap has gone live with
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Israeli blockchain tech developer Kirobo is launching a decentralized P2P token swap solution. According to the company the protocol, dubbed “Atomic Safe Swap,” offers a decentralized peer-to-peer trading alternative to centralized marketplace exchanges or over-the-counter (OTC) desks, and is set to launch on July 27. The service is built on
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Willy Woo is of the opinion that Bitcoin is decentralized gold He also adds that over time, the gold standard has failed with the subsequent introduction of fiat Traditional gold is also centralized hence Bitcoin removes the failures of Gold Bitcoin’s $30k continues to be the level to watch moving forward Bitcoin’s $20k is
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In launching the protocol in December, Sall and co-founder and CTO Blake West, who met at the University of Pennsylvania and worked together at Coinbase, were looking to make crypto borrowing more accessible, particularly to individuals and businesses in developing countries with fewer tangible assets to address typical collateral requirements.
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According to the World Bank’s report from 2017, approximately 1.7 billion people worldwide don’t have a bank account today.Not having access to this fundamental financial instrument is the main factor that stops them from realizing certain everyday functions. However, decentralized finance (DeFi) was created to meet all the requirements and
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With a jump of more than 350% in its price this year, Ethereum has outperformed major cryptocurrencies, bolstered by the rise of decentralized finance (DeFi) protocols, like liquidity aggregators and decentralized exchanges. These projects brought in viable use cases that could extend to everything from insurance to decentralized trading and
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Every significant transformation comes with a new toolset, one that is always surprising at the time and obvious in hindsight. Bitcoin (BTC), climate change and GameStop are all examples of ways in which mass action is pushing for dramatic, not evolutionary, action. We can also see that these are individual
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