Participation in the DeFi and staking ecosystems has seen explosive growth over the last year, with the combined sectors currently accounting for over $50 billion in value. DeFi growth was predominantly fueled by the breakthrough success of Ethereum-based projects such as Aave, Compound, and Uniswap, utilizing ERC20 stablecoins like USDC and Dai to generate yield.…
An upcoming DeFi project positioning itself as the best cross-chain liquidity aggregator, Router Protocol has announced a successful conclusion of its first seed funding round. The project has raised a total of $ 480,000 from a prominent consortium comprising of crypto, fintech and DeFi investors based out of Singapore, India and the US. The Router…
The global crypto exchange leader, Huobi has announced support for the Russian ruble (RUB) allowing users to deposit and withdraw the new fiat currency on their platform. The new feature is introduced in collaboration with also enables users to purchase popular cryptocurrencies like BTC, ETH, LTC, USDT, EOS, BCH, ETC, BSV, DASH, HT and HPT…
e-Money introduces fast, frictionless swapping of currency backed tokens into the Cosmos ecosystem With the world’s largest funds pouring millions into Bitcoin, the eyes of the world are on cryptocurrencies once again. Although the global acceptance of Bitcoin seems more imminent than ever, cryptocurrencies are known for their volatility with aggressive price swings and market…
The year 2021 has started off on an incredibly good note for the crypto industry as Bitcoin and others hit all-time highs. Carrying that momentum further is the revolutionary Stacks project (you may recognize it as Blockstack) which launches their Stacks 2.0 blockchain on January 14. Stacks 2.0 is a layer-1 blockchain that uses Bitcoin…
An interview by Alyona KarpinskayaInterviewing: Norbert Goffa Q: Currently, everybody is talking about the skyrocketing price of Bitcoin. Did you expect that Bitcoin would reach its all-time high by the end of 2020? A: Frankly, I did not. I expected it to strengthen more by the end of the year, but nobody figured that it…
Gather Network offers users new streams of income as the world is forced to live online The continued grip of CoronaVirus has seen the majority of the world’s population locked down at least once in the last year. As 2021 gets underway, we are more reliant on a stable internet connection than ever before to…
2020 was a massive year for blockchain adoption, with some of the largest financial institutions worldwide buying or integrating cryptocurrencies into their business model. It was also a historic year for decentralized finance (DeFi) which has grown from less than $1 billion in total value locked at the beginning of January 2020 to almost $15…
All crypto traders are intimately familiar with the risks and the volatility associated with these assets. To protect themselves from drastic price swings, they often seek refuge through stablecoins such as USDT. For periods in between trades, when funds sit unused, Phemex will soon offer a way for these cryptos to passively generate some income…
The history of money goes deep into the past: it started with shells and beads at the dawn of time and evolved to electronic money and cryptocurrencies nowadays. The blockchain-based money is the pinnacle of the evolution of exchanging and saving. One can instantly send cryptocurrencies to any place on earth without limitations in volume…