We’ve made it. Kind of. A paper regarding decentralized finance—which surprisingly included the term “DeFi”— was recently published to the website of the St. Louis Federal Reserve, a branch of the United States’ central bank. Fabian Schär, a professor at the University of Basel who focuses on blockchain and DeFi technologies, wrote the paper. He…
The U.S. dollar value of cryptocurrency liquidity locked in decentralized finance (DeFi) hit $35.8 billion. What’s more, this growth came about not from the usual suspects, such as Link or Aave. Instead, a raft of lesser-known DeFi protocols has been dominating the market over the last seven days. Source: defipulse.com The Total Value Locked (TVL)…
Decentralized exchanges (DEX) seem to have technically met the trading experience offered by popular, high-profile crypto exchanges. DEXs to the rescue Thinking of trading a high amount of large-cap crypto? A decentralized exchange (DEX) might be a better bet than using the “centralized” alternative if slippage is a concern. DEXs, as they are popularly known,…
The day is finally here—today, depends on how you cut it, the CME Group will be launching a futures market for Ethereum. The CME Group is one of the world’s leading financial exchanges, hosting a majority of trade in top commodities, including Bitcoin. The CME Group made crypto headlines in 2017 when it rolled out…
The new Acala EVM brings together Ethereum and Polkadot with a composable, single-wallet that allows users to set their own gas fees and schedule on-chain transactions. Bringing Polkadot tech to Ethereum Acala’s engineering team has launched the Acala Ethereum Virtual machine (EVM) ahead of the ETHDenver 2021 hackathon, it said in a release shared with…
20 ERC-20 Tokens To Be Wrapped As FA2 Tokens (Including The Wrap Token) In the Wrap Protocol Whitepaper it was stated that the following assets would be available as whitelisted to be wrapped in Quarter 1: AAVE BUSD (Binance USD) CEL (Celcius) COMP (Compound) CRO (Crypto.com) FTT (FTX Token) HT (Huobi Token) HUSD (Huobi USD)…
The crypto investment fund facilitates some of the biggest crypto traders for institutional clients. And its ETH purchases are surging. Stacking ETH Crypto investment fund Grayscale picked up over 47,000 ETH yesterday, data from filings showed. The fund additionally purchased over 12,300 Litecoin. At the moment, Grayscale is one of the only regulated ways for…
Billionaire investor Mark Cuban has been under the microscope in the crypto space over the past few weeks as he has started to tweet more about Bitcoin, Ethereum, and now even decentralized finance tokens to his over eight million followers. Cuban has long been asked about Bitcoin, being a prominent investor and a prominent media figure…
After tremendous price surges in decentralized finance coins and many smaller-cap crypto assets, attention is finally returning to Ethereum. The second-largest cryptocurrency by market capitalization is in the midst of shooting higher to new all-time highs as the altcoin market froth starts to cool down. Ethereum currently trades for $1,500 as per CryptoSlate market data,…
A new type of non-fungible token is doing the rounds on Crypto Twitter. And it’s selling for 100s of ETH each. Hashmasks and a frenzy Spend an hour on Crypto Twitter today and you’d likely run into mentions of “Hashmasks,” a strange, mystic card that looks like comic drawings made by a child. Mystical. Mystical….