There’s no doubt that DeFi is on a roll in the crypto domain. And it’s all thanks to smart contracts. They extended the crypto usability, and now we can make various transactions without third parties involved. It was about time. Let’s be real here, nobody likes to collaborate with banks today. Their services are way…
Yield farming was the defi craze of summer 2020, taking the nascent industry by storm and ushering in new ways to distribute tokens, engage communities, and strengthen network effects. After peaking in October, when yield farms helped send Ethereum network fees to record highs, the yield farming craze abated slightly due to saturation and diminished…
As 2020 comes to a close, the DeFi industry has continued to dominate with nearly $15 billion in total value locked (TVL). The year that began with a lingering bear market evolved into one of the most exciting six-month crypto stretches in the past decade. The DeFi movement saw Uniswap, the leading decentralized exchange, surpass…
Internet-scale blockchain company, Elrond, today announced its native token would be available on crypto exchange, eToroX. Elrond’s eGold token allows to support the network and earn rewards. The eToroX listing comes as the trading platform expands its cryptocurrency platform following a 12-month hiatus. eToro offers management services for over 15 million users who can trade…
A new platform has launched for decentralized margin trading – and it’s not on Ethereum. Sovryn has debuted its options trading platform on Bitcoin smart contract network RSK, bringing decentralized swaps straight to the Bitcoin community. The move signals a shift in the pendulum that has seen much of the onchain BTC trading gravitate to…
The development of the Internet of Things (IoT) is impossible without the creation of a decentralized environment. Tethering devices to remote servers of IT companies is only the initial, not the last stage in the evolution of the IoT. As the number of devices in any given system grows, the weaknesses of the traditional, centralized…
2020 has been a tough year for business enterprises. Some of them are trying to reclaim their lost glaze while others have sailed past, doing even better than other years. A new wave of digital transformation is taking over businesses, and in terms of adoption, users have also embraced it. The trick is to look…
What is ACXT Liquidity Farming? ACDX, the world’s first advanced crypto derivatives exchange offering innovative structured products, has announced a groundbreaking incentive program for market makers. The ACXT Liquidity Farming program is designed to benefit market makers by offering them the platform’s native ACXT tokens as rewards for every filled maker order. The launch of…
Decentralized finance isn’t exclusive to one platform or network, and the Polkadot-based MANTRA DAO intends to unite the disparate world of DeFi under one decentralized autonomous roof. Polkadot’s entry into the top ten cryptocurrencies by market cap signified the rise of one of the most serious competitors to Ethereum to date. With that emergence comes…
In a symbolic move that highlighted the progress cryptoassets have made in recent years, PayPal announced last week that it would make cryptoassets such as Bitcoin and Ethereum available to its 346 million users. This is an important step for the space, and will both increase awareness and further, it’s legitimacy. However for those in…