Cryptocurrency Analysis and News Portal
Fintech firm Ripple has announced a new service aimed at finance companies that will allow them to offer cryptocurrency trading to customers.Ripple unveiled the Liquidity Hub service in a blog post on Nov. 9, touting a “crypto-first future” in which every company will need to have a strategy for crypto
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San Francisco-based fintech firm Ripple will launch a new “Liquidity Hub” product to help enterprise customers access BTC, ETH, LTC, ETC, BCH and XRP from a range of global exchanges, market makers and OTC desks.The Ripple Liquidity Hub will support the five cryptos at launch and employ smart order routing
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In an interview with CryptoX, Stellar’s head of ecosystem, Justin Rice, said that the addition of an AMM at the protocol level was a popular ask among developers and users, and that the implementation takes cues from Ethereum-native AMMs such as Uniswap v2. Source
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Project Serum, a decentralized derivatives exchange for the Solana network, has launched a $100 million liquidity mining program as part of a broader effort to attract users to the ecosystem.The initial allocation was approved by Serum’s decentralized autonomous organization, or DAO, the project announced Thursday. The sum, paid out in
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Cryptocurrency-to-fiat infrastructure provider Xanpool continues expanding operations in the Asia Pacific (APAC) by securing fresh funding.The Hong Kong-based startup raised $27 million in a Series A funding round led by Valar Ventures, the venture capital firm co-founded by PayPal co-creator Peter Thiel.Other participating investors included crypto-focused venture capital firm CMT
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A Solana-native options platform built by twin brothers Tommy and Taylor Johnson has closed its initial fundraising round today – the first step towards a host of unique options products including derivative-based liquidity mining and non-fungible token (NFT) options.Liquidity mining is a DeFi (decentralized finance) mechanism in which participants supply
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“This is something that’s been around and is super popular, and this works way better on a blockchain,” he added. “To really break out, to get to one billion, two billion, ten billion, [dollars] we needed this architecture, and now thousands of people can win each week.” Original Source
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The decentralized finance (DeFi) ecosystem has grown exponentially during the past few years. Beginning with the launch of Ethereum (ETH) in mid-2015, application developers across the globe began to write smart contracts to support a wide range of decentralized applications (dApps). A few years later, other platforms such as EOS
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Strip Finance, a Collateralised NFT & DeFi Liquidity Protocol, is putting NFTs for better use by collateralising them for stablecoins and providing greater liquidity. A next-generation NFT platform called Strip Finance is making it possible to collateralise Non-Fungible tokens while still maintaining ownership of the assets, taking DeFi and NFTs to
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“Long story short, Augur v2 (on Ethereum) had numerous problems in regards to the cost to use it, gas prices, and transaction times,” Tom Kysar, Director of Operations at Augur, said in a statement. “Augur Turbo on Polygon negates these issues, making it virtually free to execute trades and take
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