Tag Archives: defi

Aave, the third-largest non-custodial lending protocol, is taking a multi-market approach and exploring scalability solutions in a project called “New Frontiers.” Aave is now exploring Polygon (formerly known as Matic), an Ethereum layer 2 protocol that enhances scalability using an adapted version of the Plasma framework. The Polygon sidechain system will be the first to integrate Aave as part of this plan to bring scalability and low-cost transactions. DeFi Should Be for...

With the current craze surrounding everything NFT-related, CryptoPotato is happy to announce its plans to mint an NFT on the Cardano blockchain when these capabilities are enabled. The NFT Craze It’s safe to say that non-fungible tokens are this year’s hot topic. From CryptoKitties, CryptoPunks, and Hasmasks, to celebrity music and the NBA highlight reel, creators are digitizing everything, turning it into scarce, unique, and indivisible tokens that are oftentimes auctioned...

In another whopping purchase, Justin Sun, the founder of one of the largest blockchain-based projects, TRON, and the CEO of BitTorrent, has bought Picasso’s “Femme nue couchée au collier” for $20 million.  Besides that, he has also bought “Three self portraits” by Andy Warhol for $2 million, and he plans to tokenize both and launch them on the JUST NFT Fund in the weeks to come. Justin Sun’s Forray into Digital Art Continues Justin Sun is well-known within the cryptocurrency...

With collaboration from the NBA, highlight clips have become NFT collectible cards. Canadian technology company Dapper Labs continues its lucrative streak by nabbing a whopping $305 million dollars from new investors. Private Equity Firm Cotue Rakes in Big Names The New York investment company Coatue Management, responsible for several other technology investments, has sealed a lucrative deal for Dapper Labs. Household NBA names like Michael Jordan, Kevin Durant, and Klay...

The chain-agnostic Layer-2 infrastructure, Cartesi, has partnered with the IOTA Foundation to expand the use cases of DeFi, gaming, and NFTs. Additionally, both parties aim to serve as the bridge between traditional technological solutions and blockchain.Cartesi Collaborates with IOTAHeadquartered in Germany, the IOTA Foundation is a global not-for-profit establishment focusing on research and development of new blockchain solutions. The popular project has recently partnered with Cartesi –...

Attempting to improve access to DeFi interest-bearing accounts, including for individuals, businesses, professional investors, and corporations, Orbs is introducing Liquidity Nexus to act as a bridge between centralized and decentralized finance. This Liquidity-as-a-Service solution looks to make DeFi applications more available and less risky.Liquidity Nexus will provide an intuitive platform that’s simple to operate as any traditional website. The DeFi ecosystem shows massive potential and...

The multi-token protocol enabling automatic market-making Balancer has partnered with the blockchain-based simulation platform for building financial models, Gauntlet. The collaboration aims to enhance returns for Balancer V2 Liquidity Providers while still keeping the funds fully non-custodial.Balancer Partners with Gauntlet to Maximize ReturnsIn a press release shared with CryptoPotato, Balancer announced its latest partnership with Gauntlet, aiming to maximize returns for Liquidity...

With non-fungible tokens (NFTs) permeating the mainstream, TRON is doing everything it can to guide some of that attention to its network. Following a strategic collaboration between TRON and MixMarvel, the latter’s blockchain-agnostic gaming ecosystem will be bringing its tokenized gaming interface to TRON.This is intended to unlock new value for both communities, as MixMarvel will be able to introduce TRX as a base asset in its gaming ecosystem and gain access to TRON’s community, while the...

NFT prices are in a bubble. That’s according to the third most valuable living artist today. Mike ‘Beeple’ Winkelmann, in an interview, said that despite the inflated prices, the technology itself is strong.NFTs Absolutely in a Bubble, Says BeepleMike Winkelmann, who is better known for his artist name Beeple, especially within the cryptocurrency community, believes that non-fungible tokens (NFTs) are in a state of a bubble.In a recent interview for Bloomberg, the artist said that NFT art is...

With the creation of Bitcoin back in 2009, Satoshi Nakamoto would have probably never guessed that the world would buy digital, collectible CryptoKitties, Punks, Hashmasks, celebrity music, and so forth.However, all of the above made use of a whole new Ethereum standard for identifying unique assets on its blockchain – the ERC-721, better known as the solution for the creation and transfer of non-fungible tokens.This article discusses the following questions related to non-fungible...