While DeFi Tokens Dropped, Total Value Locked Kept Climbing
Since the summer peak of the DeFi explosion, top Ethereum-based tokens from the space have dumped considerably due
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Tokens
We Still Lack a Rational Way to Value Tokens
We’re obsessed with wanting to draw rational relationships between the price of crypto tokens and the value behind them. There is no shortage of viewpoints from analysts, entrepreneurs, developers, pundits or investors on this question. Just google “crypto tokens valuation metrics” and you will see the variety of what has
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Voyager Agrees to Buy LGO Markets and Merge 2 Firms’ Tokens
Two cryptocurrency trading firms are merging, and in a rare twist, so are their tokens. Voyager Digital, a publicly traded digital asset brokerage with offices in New York, has agreed to buy LGO, a French crypto exchange primarily serving institutional investors, as the company expands to Europe.The transaction requires regulatory
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Wrapped Bitcoin Sees Record $57.1M in Tokens Minted by CoinList for Customers
CoinList set the record for most tokens minted in a day by a single merchant. Source
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Numerai Hedge Fund Offers $50M in NMR Tokens for Fresh Stock Market ‘Signals’
Hedge fund Numerai is offering $50 million of its numeraire (NMR) token to quants, researchers and even fellow funds that provide original stock market “signals” into its data clearinghouse, Numerai Signals.UPDATE (10/12/20 19:32 UTC): This article has been updated to reflect who can utilize Numerai and how the payout mechanism
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Fans voting with tokens pick a winning team
A football team in Cyprus won against its rivals after it allowed fans to use blockchain technology and fan tokens to vote on its match lineup and formation, taking fan engagement to a new level. Apollon FC, using fan token platform Socios.com, won in a friendly match against rivals Aris Limassol,
Read MoreYearn finance (YFI) gains 36% as DeFi tokens follow Bitcoin’s bullish trend
In the past 72 hours, Yearnfinance (YFI) surged by 58% after dropping to as low as $12,260 at a few exchanges. Three factors that may have catalyzed the sharp rebound are: YFI had become deeply oversold, lead developer Andre Cronje’s deep commitment to the project and the ever expanding use cases
Read MoreBitcoin runs crypto markets, but DeFi tokens don’t follow its lead
Decentralized exchanges have been around for a while now, but it’s only been since the grip of decentralized finance mania has taken hold that they’ve come into their own. The growth in DEX use has been nothing short of exponential, with volumes pretty much doubling in August and September compared
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Coinbase Users Lose $25K On Yearn.Finance Since DeFi Token’s Debut
Timing when to buy in crypto or any market is a difficult task. Eager DeFi investors learned this
Read MoreBNP Paribas and Curv unveil highly secure method to transfer security tokens
Securities services provider BNP Paribas has just completed a Proof of Concept with cloud based crypto wallet provider Curv, to demonstrate a highly secure way to transfer security tokens.The security token was transferred using Curv’s advanced cryptography which utilizes a concept called multi-party computation (MPC). The institutional grade technology enables
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