Cryptocurrency Analysis and News Portal
The Terraform protocol seeks to outrun the DAI stablecoin in terms of market capitalization in the next few months with help of the Anchor platform.Decentralized financial payment network Terraform Labs has launched a new protocol dubbed Anchor to further open up its stablecoin market. Notably, Anchor will be focused on
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Unique Merchandise Identification Solution to unlock billions of dollars worth of business potential Trace Network has announced the launch of its enterprise-grade decentralized finance protocol harnessing the capabilities of composable smart contracts, permission-less financing options powered by DeFi and NFT based unique merchandise identification solutions to unlock billions of dollars worth
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The runaway success of Binance Smart Chain has helped propel the exchange’s utility token to the top of the crypto market top ten, and has attracted some of the industry’s top projects to the chain already. The latest project to expand to Binance Smart Chain is leading DeFi protocol EasyFi. Here’s
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As more cryptocurrency projects are beginning to understand firsthand, keeping key stakeholders and early investors involved in a project’s ecosystem long-term is tough. With increasing speculation around new blockchain networks, specifically DeFi-focused platforms, cryptocurrencies can see instant price growth as they hit the market. With these profits too high for
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Oddz Protocol is a trustless On-Chain Option trading platform that expedites the execution of call and put options contracts, conditional trades, and futures. It allows the creation, maintenance, execution, and settlement of trustless option contracts, conditional tokens agreements, and futures contracts in a fast, secure, and flexible manner. It employs the
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Shortly after culling its community of inactive members, one of decentralized finance’s (DeFi) strangest experiments is launching a new stablecoin lending product.On Wednesday Inverse Finance revealed the Anchor Protocol, a money market built around DOLA, a protocol-native synthetic stablecoin. Based on “a modified fork of Compound,” in a blog post
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Bitcoin’s (BTC) strong bull run and the immense popularity of the decentralized finance space have attracted several new investors to cryptocurrencies. A report from Crypto.com shows a massive increase in crypto users as the figure rose from 66 million in May 2020 to 106 million by January this year. Crypto market
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HiFi — the DeFi-focused recent-rebrand of onetime dApp platform Mainframe — is announcing today the launch of a fixed-rate DeFi lending platform. “Fixed-rate lending is an important milestone for DeFi,” said HiFi CEO Doug Leonard in a press release. “Investors and traders need less-volatile options so that they can plan finances
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Decentralized Finance, DeFi in short, is a rage these days as one of the most versatile applications of cryptocurrency’s underlying blockchain technology. Poised to become an alternative to the traditional financial system, it is capable of providing even the unbanked with access to financial services at a low cost, while
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Shyft Network will bridge this gap to facilitate institutional adoption of blockchain-based solutions through its opt-in infrastructure.Blockchain-based identity verification network Shyft Network has unveiled its native cryptocurrency, the SHFT token together with its planned use case. The news comes as a timely reminder of the network’s relentless effort to provide
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