Cryptocurrency Analysis and News Portal
Top ShelfProgress must keep pace with need. An overriding theme during day three of Consensus: Distributed was that the pace of technological development - driven by interconnected but diffuse organizations - must keep up with (or keep in mind) the needs of actual people and societies.“To solve a problem you
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Major crypto exchange Bitfinex, while experiencing a sharp plunge in BTC balance since mid-March, is now holding more ETH than the total value locked (TVL) in the decentralized finance (DeFi) market. Bitfinex Ethereum Balance Crosses 4 Million Tweeting on Tuesday, May 12, 2020, Elias Samos, Senior Research Analyst for digital assets platform
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A researcher from the crypto asset investment firm, Paradigm, has co-authored a whitepaper for a new decentralized finance, or DeFi, lending protocol boasting fixed-interest rates.The whitepaper for Yield protocol was written by Paradigm’s Dan Robinson and Allan Niemberg — who announced the project on May 8.Niemberg also announced that Yield
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Cointelegraph spoke to Anchorage co-founder and president, Diogo Monica, to get his take on how the rise of decentralized finance (DeFi) is impacting the crypto custodian sector.Monica stated that the increasing complexity of DeFi “is beginning to expose the inadequacies of cold storage custody and manual human operations.” Anchorage’s president emphasized
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Decentralized finance (DeFi) protocol Keep Network has tapped Bison Trails to provide non-custodial staking services for tBTC, an ERC-20 representation of bitcoin (BTC) deposits. Keep, a project from blockchain venture studio Thesis, operates tBTC in a trustless manner by breaking bitcoin deposits across smart contracts held by various Keep users.“Infrastructure is
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While decentralized finance (defi) solutions have grown popular on the Ethereum blockchain, developers have recently created similar systems by leveraging BTC’s network. A project called Atomic Loans claims to offer a noncustodial bitcoin-backed stablecoin solution, while Money on chain a new smart contract built on the RSK protocol, also offers
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The Synthetix (SNX) project, one of the biggest ecosystems in decentralized finance (DeFi), recently launched the Hadar upgrade, which enabled tokenized real-world assets like Brent oil and the Nikkei stock index. The launch, which occurred on March 31, went seemingly unnoticed by the community at large, but Framework Ventures’ co-founder Michael
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Decentralized finance — of DeFi — lending protocol dYdX has produced more than $1 billion in loans since launching one year ago.The milestone was driven by consecutive monthly all-time highs during February and March of more than $250 million and $400 million respectively. Nearly 317,000 transactions have been generated across
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Chinese decentralized finance, or DeFi, protocol dForce has been exploited in a $24.95 million hack that has resulted in its Lendf.Me lending platform going offline.According to DeFi data aggregator DeFi Pulse, the total value of funds locked in dForce’s protocol has fallen from almost $25 million to just $10,000 overnight.On-chain
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Cryptocurrency exchange ShapeShift has acquired Israeli non-custodial wallet provider Portis.Founded in 2018, Portis is a non-custodial software wallet that was first integrated into ShapeShift last November as part of the exchange’s pursuit of self-custody solutions that don’t require traders to use a hardware wallet. Speaking to Cointelegraph on April 15,
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