Tag Archives: Projects

[Sponsored Content]The field of Decentralized Finance (DeFi) is undoubtedly amongst the hottest topics in 2020 as the industry has grown substantially over the past months.Recent DeFi developments are paving the way for new financial models as investors seemingly grow interested each day. Consequently, DeFi Pulse records an increase in locked assets’ value, which moved from $10.75 billion to $16.4 billion between mid-September and December 19.Owning an adequate amount of digital assets gives...

[Featured Content]The field of decentralized finance (DeFi) has undoubtedly been at the forefront of the cryptocurrency industry in 2020.Data from DeFi Pulse shows that the total value locked in various DeFi protocols is almost at $15 billion, up from around $550 million in March. That’s an increase of 2600%, which is indicative of how explosive the growth was. This was largely caused by the promise of a decentralized and open financial system, not yet and possibly not ever tampered with by...

[Featured Content]Bitcoin smart contract platform RSK announced its new “Powpeg” – a new and improved version that includes many decentralized qualities that protect private keys stored in special-purpose PowHSMs.The hopes are that Bitcoin proponents will turn to it as a primary choice of DeFi. The 2-way peg protocol brings interesting features, worth having a look at.What is Powpeg?RSK’s 2-way peg protocol also referred to as the “Powpeg” has managed to mature substantially since its...

AAX Exchagne has revealed that it is to roll out support for 11 fiat currencies this month, allowing users to deposit and withdraw funds via bank transfer. At the same time, it’s integrated the newly added currencies into its multi-currency wallet alongside USDT. The news will be welcomed by AAX users who have lacked a direct onramp until now and will bolster the platform’s efforts to onboard another half a million users.The currencies that AAX has declared support for are among the most...

[Featured Content]Yield farming is undoubtedly taking over the DeFi space since more crypto users have finally realized its merits. DeFi projects are in development as time provides users with diverse income earning services ranging from holding to exchanging or lending digital assets.On that note, Ethereum plays an essential part in establishing and growing most of these tokens with top-notch features like smart contract advancements. The DeFi Yield Protocol (DYP) joins the community...

[Featured Contet]Cryptocurrency trading is on the fast track of becoming particularly popular. The industry, in general, is gaining more attention, especially when it comes to institutional interest.In September, CryptoPotato reported that the NASDAQ-listed company MicroStrategy added another portion of BTC to its holding, which currently stands at around $720 million. Reports from various mainstream institutions such as JP Morgan, PwC, Fidelity Investments, and so forth, all hint at the...

The decentralized finance (DeFi) ecosystem has seen a parabolic explosion in usage since the start of 2020.Data indicates that the total value locked in DeFi applications has just reached a new all-time high of $14.39 billion. At the start of 2020, this metric was closer to $500 million.Dune Analytics also reports that the total number of DeFi users has surpassed 800,000. At the start of 2020, this number had not even crossed 100,000. This growth has largely been a byproduct of Ethereum-based...

[Featured Content]Cryptocurrency trading has become particularly popular throughout the past couple of years. One of the reasons for this is the volatility of the markets. Bitcoin and almost all altcoins, are regularly going through vicious price movements, creating plenty of opportunities for traders to capitalize on.Volatile markets, however, are also very risky. This is especially true when using leverage – something that’s also become incredibly popular throughout the past few years.In...

Decentralized advertising startup AdEx has invited its community to participate in the governance of the platform. The first major decision that token holders can vote on will be the total number of ADX staking reward tokens to be minted in 2021. Empowering the Community Through Governance Rights AdEx is now inviting the community to have its say in important decisions for the future of the company. Any community member can join the AdEx Loyalty Pool by depositing ADX (the...

The cryptocurrency market is one of constant change. It seems that every day there is something new. 2020 was no different. In fact, this year, we saw the absolute explosion of the decentralized finance (DeFi) industry. Data from DeFi Pulse shows that in January, the total value locked (TVL) in DeFi-based projects was around $700 million. At the time of this writing, it’s sitting at $13.7 billion, realizing an increase of more than 1850%. And of course, this had its impact on...