Tag Archives: defi

The cryptocurrency industry may soon welcome a new category of Decentralized Finance (DeFi) applications as privacy-focus coin Beam (BEAM) plans to execute its second hard fork, which would give DeFi apps a privacy layer.According to a press release shared with CryptoPotato, the system-wide upgrade dubbed Beam Eager Electron 5.0 is expected to occur today, at exactly block 777,777.Beam Settles With BeamHash IIIThe hard fork of the Mimblewimble-based privacy coin will be the last “planned...

Decentralized finance (DeFi) project Balancer Labs officially announced the launch of its native governance token BAL on the Ethereum mainnet, with the price of BAL tokens increasing significantly following the launch. Balancer Follows Compound’s LeadThe news of the BAL governance token launch was made by CEO and Co-founder of Balancer Labs, Fernando Martinelli, via a Medium blog post on Tuesday (June 23, 2020). According to the announcement, the team is employing an “on-chain governance...

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 908. Heute sprechen wir über folgende Themen: Wirecard steckt in Schwierigkeiten, Haven Protocol (XHV) – DeFi kombiniert mit Anonymität & Jim Rogers Bitcoin fällt auf 0. 1.) Wirecard steckt in Schwierigkeiten – wie sieht es mit Krypto-Debitkarten aus?https://blockchain-hero.com/wirecard-steckt-in-schwierigkeiten-wie-sieht-es-mit-krypto-debitkarten-aus/ 2.) Haven Protocol (XHV): DeFi kombiniert mit...

The sudden jump of total value locked on the DeFi platform Compound has caused a flippening event in the decentralized finance sector. The TVL on Compound surpassed MakerDao’s as of yesterday, and the gap continues expanding today.Compound Overtakes MakerDAOMakerDAO has been the predominant force for total value locked for years, according to data from the DeFi monitoring resource – DeFi Pulse. Its influence over the entire marker was so unambiguous that the website tracked “Maker Dominance,”...

Vitalik Buterin, the co-founder of Ethereum, has recently stated that interest rates on decentralized finance protocols that are significantly higher compared to those in traditional finance come with unstated risks attached.Vitalik Buterin on High DeFi Interest RatesThe co-founder of Ethereum and one of the most prominent members of the cryptocurrency community, Vitalik Buterin, recently took it to Twitter to comment on high yields and interest rates associated with Decentralized Finance...

The price of Compound (COMP) tokens is seeing a massive surge amid a manic week for the decentralized finance (DeFi) project, which included a listing announcement by U.S. crypto exchange giant Coinbase.Compound TVL Crosses $400M TVL MilestoneWith the number of lenders on the Compound protocol increasing rapidly, data from DeFiPulse shows the project crossing the $400M mark in total value locked (TVL). Barely a week ago, this figure stood at $100 million. Compound becomes the second lending...

Ren, the open-source protocol enabling permissionless and private transfers of value between any blockchain, launched its mainnet and a dApp utilizing it within a few weeks.Interestingly, the protocol’s native cryptocurrency REN has gained more than 40% of value in the same period.Ren Launches RenVM MainnetThe blockchain-based company announced the release of its RenVM Mainnet in late May, asserting that it’s the “beginning of a cross-chain era for DeFi,” as it “brings interoperability” to...

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 902. Heute sprechen wir über folgende Themen: 500 Estland Krypto Firmen verlieren Lizenz, Quadriga Exchange war ein Ponzi & DeFi zeigt exponentielles Wachstum. Die heutige Show wird gesponsert von Bitwala Blockchain Banking – Erhalte 35 Euro für dein kostenloses deutsches Konto inkl. Debit Masterkarte und Bitcoin Wallet – https://bit.ly/Bitwala-Banking 1.) 500 Estonian Crypto Companies Lose Permits After...

The number of DAI locked up in the Ethereum based Aave lending protocol almost doubled, leading into June 8.Aave is a prominent protocol in Ethereum’s decentralized finance (DeFi) ecosystem. Users can lend cryptocurrency at stable or variable rates, earning daily payouts to the wallet of their choice. They can take advantage of uncollateralized, trustless flash-loans, paid back within the same transaction block.DAI Locked in Aave Almost Doubles OvernightAccording to data from DeFi Pulse, the...

TRON, a popular blockchain platform and decentralized content ecosystem have just announced its move into the world of decentralized finance (DeFi), with the launch of JUST – a decentralized lending platform with its associated stablecoin, USDJ.JUST and USDJ are Now LiveTRON’s first DeFi project is JUST, a new platform that allows TRX holders to receive a new stablecoin called USDJ in return for locking up TRX in a collateralized debt position, or CDP.Like Tether (USDT), TRON’s new USDJ token...