Digital Asset Manager Grayscale Eyes DeFi Space With New Trust Filings
Trusts for Aave, Cosmos and Polkadot, as well as privacy coin Monero, have been registered in Delaware. Source
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DeFi
Market Wrap: Bitcoin Drops to $29.9K While DeFi Hits Record $29B Locked
Spot prices in bitcoin are sliding as investors get distracted by other market opportunities. Those include in the decentralized finance (DeFi) ecosystem, which hit a record level of value locked on Tuesday.Bitcoin (BTC) trading around $31,600 as of 21:00 UTC (4 p.m. ET). Slipping 1.2% over the previous 24 hours.Bitcoin’s
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Lex Sokolin: What DeFi Has in Common With Cubism
Innovation requires a super-charged combinatorial hub, an environment where hyper-competition filters for the best ideas and allows them to proliferate. When we say best, we mean the most fit for their context, likely to sustain into future generations and outcompete from a multi game-theoretical or evolutionary perspective.One common analogy is
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EY’s Paul Brody Expects Consumer DeFi Ignition in 2021
Chief among EY blockchain lead Paul Brody’s predictions for 2021: Financial institutions will bring decentralized finance (DeFi) to a consumer audience.“If I had to make a bold prediction,” Brody told CryptoX last week, “I think by the end of 2021, at least one major financial institution will up the game
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Market Wrap: Bitcoin Slips to $30.8K While Investors Plow BTC Back Into DeFi
Bitcoin has been in a $30,000-$35,000 range for almost a week at a time when some market participants are seeking out ether and other crypto to trade during the perceived doldrums.Bitcoin (BTC) trading around $32,003 as of 21:00 UTC (4 p.m. ET). Slipping 4% over the previous 24 hours.Bitcoin’s 24-hour
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DeFi tokens bag double-digit gains as bears pin Bitcoin price below $33K
Today Bitcoin (BTC) price continued to face selling pressure in the $32,500 to $33,000 resistance cluster and this led to a mild 3% to 5% pull back from most altcoins.Despite the recent revelation that BlackRock, the world’s largest asset manager, has given the green light for two of its funds
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Millions Learn About DeFi From Wheel Of Fortune Contestant
Last night on the Monday night live airing of the popular TV game show Wheel of Fortune, a contestant named Jeremy introduced viewers to DeFi for the first time, while in the same breath mentioning Bitcoin and cryptocurrencies as a whole. Here’s why this is only the start of decentralized finance
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Despite Growth on Other Blockchains, DeFi Is Still Ethereum’s Forte
Ethereum has a major DeFi lead in several key metrics, including the overall number of DeFi apps, number of DeFi users, number of DeFi developers, and total value transacted through DeFi apps.As the race for decentralized finance (DeFi) supremacy heats up, Ethereum is still leaps and bounds ahead of the
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Gemini Exchange Adds Local Currency, DeFi Tokens in Singapore Expansion
The exchange has increased the trading options for Singapore users, including several DeFi tokens. Source
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The Next Big Thing in DeFi
The Nimbus FinTech platform has accumulated 50,000 users since its founding in 2019. The official launch of their new products, Nimbus DeFi Platform and native utility token NBU is planned for 27th January 2021. Nimbus Platform will be a full-scale DAO-governed ecosystem of four decentralized applications (dApps), based on the
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