Disclaimer: The text below is a press release that was not written by Cryptonews.com.
The DeFi sector has undergone somewhat of a boom over the last years. The advancement in blockchain technology and a global distrust of the traditional banking system, has meant that the Decentralized Finance sector, according to Statista, had more than 80 billion USD of crypto locked in during May 2021, a…
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As Bitcoin finally breaches $40,000 on Monday, major DeFi tokens are on the rise as well….
Continue reading on https://decrypt.co/73529/defi-tokens-including-aave-uniswap-compound-ride-musk-effect
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PRESS RELEASE. The new initiative extends the Ethereum-based TimeWarp staking programme, which currently offers a yield of 224% APY. TimeWarp, a new DeFi farming opportunity backed by multiple real-world revenue streams, has just launched on Binance Smart Chain after a successful earlier launch on Ethereum. The initiative enables holders to stake TIME, the native token […]…
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The decentralized finance (DeFi) sector had a massive 2020, and while non-fungible tokens (NFTs) and the crypto bull market may have overshadowed it so far in 2021, its performance this year has been at least as strong. Total value locked (TVL) into Ethereum (ETH)-based DeFi platforms hit a peak of USD 86bn on May 12 (per DeFi Pulse data), while TVL for DeFi services on…
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PRESS RELEASE. Bitcoin.com Exchange is thrilled to announce the listing of CWAP, being available to trade on the 11th June 2021 at 10:00AM UTC. CWAP was created by the DeFire team, as the native currency which sets the ‘right’ economic incentives via its platform. CWAP will start trading with USDT and BTC pairs.
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On Thursday, the Boston-based financial services and bank holding company State Street Corporation announced the launch of a division dedicated to cryptocurrencies, the digital economy, and decentralized finance (defi). State Street Invokes New Division Dedicated to Crypto, Blockchain, and Defi The financial services company State Street (NYSE: STT) offers a wide array of products like […]…
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The two projects are working together to get more devs building on Polygon—the Ethereum layer 2 scaling solution….
Continue reading on https://decrypt.co/73250/polygon-10-million-ethereum-defi-developer-push
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The CTFC Commissioner said DeFi doesn’t provide the benefits or protections found in the U.S. financial system….
Continue reading on https://decrypt.co/73131/defi-markets-derivatives-are-bad-idea-cftc-commissioner
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Amidst the stratospheric rise of defi and heightened demand for unique and innovative solutions, the global community of angel investors and VC firms is continuously engaging in private funding rounds and token sales. The resulting flood of capital demonstrates that entrepreneurs and startups play their part in developing a new generation of blockchain technology.
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France-based major manufacturer of crypto hardware wallet Ledger said it has "ambitious plans" in DeFi and other new services as it raised USD 380m, valuing the company at more than USD 1.5bn. "The Series C fundraising will allow Ledger to realize these ambitious plans by further innovating its hardware products, giving access to new transactional services via…
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