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DeFi User Base Needs to Be More Decentralized, Says Former ConsenSys Exec

At a Kraken-hosted webinar titled “DeFi-ing expectations: the future of Ethereum,” panelists discussed the rise of decentralized finance, its defining features and how to measure its success.The webinar was held on July 31 and featured known DeFi influencers Anthony Sassano, co-founder of EthHub.io, Ryan Sean Adams, founder of Mythos Capital,

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Decentralized Exchange Bancor Officially Launches Upgraded V2 Platform

The Bancor project has launched a heavily upgraded version of its decentralized exchange, promising to solve what it calls “DeFi’s dirty little secret.”According to a blog post released on Friday, the contracts have been deployed to mainnet in a beta launch mode. Each pool will have its liquidity capped to

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Ethereum Futures Hit $1 Billion as Forecasts Show Positive Interest in the Decentralized Platform

For the first time in the history of Ethereum, its futures contract has generated unprecedented interest as it has eclipsed $1 billion. This indicates that the biggest altcoin of the coin market enjoys greater adoption, sending signals that speculators are backing Ethereum for the future. According to Skews, the market Analytics

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For Some Reason, Wash Trading Happens on Decentralized Exchanges Too

Decentralized exchanges are generally liked for their transparency and lack of custody, reducing the trust requirements in their operators.Many centralized exchanges have been caught in a peculiar type of manipulation used to inflate their trading volumes. This was first highlighted by the Bitwise Report released in March 2019, which analyzed

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Decentralized Internet Project Polkadot’s DOT Tokens Now Listed on OKEx

It hasn’t been even a week since the last announcement, and OKEx is back at it again by announcing the listing of one more cryptocurrency. According to the leading crypto spot and derivatives exchange platform, Web3 Foundation’s Polkadot (DOT) token is now available for spot trading against USDT. Polkadot is a

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Institutional Investors Are Turning Their Attention to Decentralized Finance

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 (BTC) uncharacteristic lack of volatility, there is still a long way to go. The technology is still in its

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Cloudflare Outage Shows Crypto Holders Are Not That Decentralized

Cloudflare, a major company responsible for running an array of functions for websites across the internet, suffered downtime on July 17, affecting a large number of websites' functionality. The downtime ultimately caused a drop in Bitcoin (BTC) transactions."The Cloudflare DNS [Domain Name System] outage can be seen reflected in the

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