Jigstack, a DeFi project aiming to govern high-quality revenue-generating network solutions on Ethereum, has successfully raised $3 million in private and public funding rounds. The protocol plans to utilize the funds to build the DAO of the decentralized finance sphere. Jigstack Raises $3M in Funding Rounds Describing itself as the “missing piece of DeFi,” Jigstack is a decentralized autonomous organization (DAO), which engineers and deploys institutional-grade decentralized...
Read More »Börse Stuttgart BSDEX bindet Schweizer Crypto Finance Gruppe als Liquiditätsspender an
Schweizer Finanzintermediär Crypto Finance Gruppe kommt als institutioneller Teilnehmer ins Ökosystem für digitale Assets der Gruppe Börse Stuttgart Die Crypto Finance Gruppe hat sich über ihre Handelstochter, die Crypto Broker AG, als weiterer institutioneller Teilnehmer an die Börse Stuttgart Digital Exchange (BSDEX) angebunden. An Deutschlands erstem regulierten Handelsplatz für digitale Assets stellt die Crypto Broker AG als...
Read More »Litecoin (LTC) Price Analysis: Upside Break Above $265 Seems Likely
Litecoin price is showing positive above the $210 support level against the US Dollar. LTC price is now trading well above the $240 level and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $250 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair is likely to continue higher if there is a clear break above $265. Litecoin price is showing bullish signs above $240 against the US Dollar,...
Read More »Ethereum-Preis auf 10’000 US-Dollar?
Der Ethereum-Preis ist auf einem Allzeithoch. Nur, mit durchschnittlichen Transaktionsgebühren von 10 - 30 US-Dollar pro Transaktion (!) ist das Ethereum-Netzwerk praktisch unbrauchbar. Der Ethereum-Preis erlebt gerade ein neues Allzeithoch bei etwas mehr als 2’700 US-Dollar. Doch warum eigentlich? Das Ethereum-Netzwerk ist alles andere als skalliert. Mit durchschnittlichen...
Read More »Ethereum Price Analysis: Following the New ATH, is $3,000 in Sight for ETH?
ETH/USD – Bulls Set New ATHs Again On The Road To $3000 Key Support Levels: $2600, $2520, $2440.Key Resistance Levels: $2830, $2930, $3000. Ethereum is up by an impressive 16% this week as the cryptocurrency set a new ATH today at $2732. The coin found support around $2200 on Sunday as it rebounded from the lower boundary of a symmetrical triangle pattern. This consolidation pattern was broken on Monday as ethereum pushed above $2520. The bullish pressure continued yesterday...
Read More »Polygon Rolls Out $100 Million DeFi Adoption Fund
Polygon, an easy-to-use platform for Ethereum scaling and infrastructure development, has recently launched a $100 million fund intended to improve the accessibility of the decentralized finance (DeFi) space to more users. According to a press release shared with CryptoPotato, the fund, known as “#DeFiforAll,” is geared toward effectively introducing millions of users to the various decentralized products and platforms available. Polygon’s Fund to Support DeFi for 3 Years The...
Read More »$50M Drained From Uranium Finance: Hack or Rug Pull?
$50 million worth of various cryptocurrencies has disappeared from the automated market maker platform running on the Binance Smart Chain – Uranium Finance. While the team behind the project claims the funds were stolen, the cryptocurrency community speculates of a possible rug pull. $50M Gone From Uranium Finance The DeFi project took it to Twitter today to explain the exploit which targeted its v2.1 token migration event. More specifically, Uranium argued that the hackers...
Read More »Polygon (Matic) Price Up 27% as mStable Debuts on Polygon
Already three mStable features are live and can be accessed on Polygon (Matic).mStable, the DeFi high yield protocol provider, has debuted on Polygon (formerly known as Matic), offering Polygon users another source of USD and BTC liquidity, a DeFi-native savings account and two risks minimized meta-stablecoins. This comes alongside a renewed commitment to help investors and traders “priced out” of the popular blockchain network Ethereum by “sky-high gas fees”.mStable made the statement in its...
Read More »MetaMask’s Active User Base Has Increased 5x in 6 Months to 5 Million
The ongoing crypto bull market has positively impacted various companies and services connected to the industry. Just six months after topping one million monthly active users, the popular Ethereum wallet MetaMask has reached another milestone at five million. MetaMasks Tops 5M Monthly Users CryptoPotato reported back in October 2020 when MetaMask – the cryptocurrency wallet software supporting Ethereum-based digital assets – reached one million monthly active users. A lot...
Read More »Introduction to Bonded Finance
As Bonded continues its development, new assets will be available for borrowing and lending, alongside new products including index protocols, synthetic assets and the release of the bToken, Bonded’s hybrid algorithmic stablecoin.DeFi or Decentralized Finance has emerged as the sanctum sanctorum of cryptocurrencies on the whole. Many long-time proponents of the Ethereum network felt that the gaming industry would be revolutionized long before traditional finance but alas, decentralized...
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