The blockchain technology underlying cryptocurrencies has evolved over the past few years to create a whole new Decentralized Finance (DeFi) movement. In simple words, DeFi is a collection of alternative financial services that are analogues to traditional products like savings, loans, trading, insurance, etc., built over blockchain technologies. Among all, trading has emerged as the…
On September 5, 2020, at the Global Blockchain and Crypto Finance Summit, Johnny Lyu, KuCoin Global CEO, announced in his keynote speech that the 3rd-anniversary celebration of KuCoin officially started. During the 3rd anniversary celebration, KuCoin will launch a series of campaigns with very exciting prizes, including a Porsche 911, iPhone, KuCoin merchandise, token rewards,…
After a prolonged period of stability and sideways trading within the $11,000 region, Bitcoin finally witnessed an influx of selling pressure that put an end to this consolidation. This caused the cryptocurrency to plummet down to lows of $9,900 earlier today, at which point buyers stepped up and slowed its descent. From here on out,…
Ethereum has both benefitted and its rep been harmed from the recent explosion in farming for DeFi tokens. As investors poured liquidity into these tokens, sending and locking up so much ETH sent prices of the crypto asset soaring. But it also at the same time sent gas prices spiking even higher. As investors became…
It has been a rough day for Bitcoin. The benchmark digital asset has shed a significant amount of its value, with its price plunging from the lower-$11,000 region to lows of $10,400 earlier today. In the time since, it has shown some signs of stabilizing as buyers attempt to regain control of its near-term price…
The global crypto exchange and derivatives platform OKEx has started the month of September on a good note by adding three new tokens to its growing list of DeFi projects. With the addition of SushiSwap (SUSHI), YFValue (YFV) and PowerPool (CVP), the total number of DeFi tokens available on OKEx now stands at 32. Spot…
Singapore Exchange Ltd (SGX) has announced plans to launch two new cryptocurrency indices. The iEdge Bitcoin Index, and the iEdge Ethereum Index, will bring certified price referencing to the Asia region. Head of Index Services at SGX, Simon Karaban said the lack of transparency in the cryptocurrency space has left a huge gap in the…
Universal Market Access (UMA), an open-source, permissionless, and censorship-resistant protocol for financial innovation has achieved a milestone by getting listed on a major exchange. UMA token went live on leading global crypto spot and derivatives exchange OKEx on August 31, 2020. According to an announcement by OKEx, UMA is now available for spot trading against…
The leading crypto spot trading and derivatives exchange platform, OKEx has followed up with its recent listing of Polkadot’s DOT token with another listing. This time, it is Mantra DAO (OM) — the first DeFi project built on Parity Substrate for the Polkadot ecosystem. Spot trading of OM against USDT and ETH went live on…
JustSwap is TRON’s brand new decentralized Token exchange protocol that allows the instant exchange of TRC20 tokens and also assures more credible and affordable DeFi Operability on TRON. TRON has been making big waves in the crypto scene for quite some time now. The leading blockchain network has recently launched its first decentralized Token exchange…