By joining the Global DeFi Alliance, the new members are expected to support the core visions of the body which involve assisting in the development and adoption of DeFi at a global scale.
The Ethereum scalability project SKALE received a massive response as it raised $5 million by selling 167 million SKL tokens using the ConsenSys’s Codefi tool Activate.
To justify his stance on the suitability of the Binance chain for projects, CZ stated that the platform recently attained the milestone of 10% of Ethereum volume in terms of usage.
DeFi networks show signs of the increase despite the current decrease on the market. Since September, 2 Bitcoins available in the networks have increased from 67,038 BTC until 87,752 BTC.
Defi Swap has now become available on Ethereum mainnet. Some of the coins supported at the start are: Wrapped Ether, Tether, USD Coin, Dai, Chainlink, Compound, and Crypto.com Coin. However, the company promises to widen the list.
Beginning next week, yearn.finance’s token is set to be available for trading on Coinbase Pro. Recently, the platform has added a number of new tokens, including UMA, CGLD, OMG, NMR, MKR, BAND and COMP.
Through this new partnership, 1inch users will get the best rates for TRON assets. Moreover, liquidity providers on the TRON blockchain will benefit from Mooniswap’s virtual balances.
Clear regulations together with the existing advantages of using XRP to send money from one point to another make the project be in a better position to take the crypto industry through the next mile.
The ultimate goal of the fund is to bridge CeFi and DeFi in the Binance ecosystem. The exchange aims to show how to ensure integration between DeFi and CeFi to offer the best of both worlds.
Users of StormX can now choose to withdraw their earnings in YFI – currently one of the best performing cryptocurrencies of 2020.
With the reformed laws, Swiss banking institutions are expected to have a switch in their blockchain and crypto integration models.
The following four crypto projects can be taken as examples of the exciting projects that are springing up right now.
Twetch introduced a new encryption feature to Twetch Chat offering additional privacy and security to users. Besides it also allows users to make in-app payments directly via chat.
Cred, a digital asset lending platform, has decided to join Visa’s Fast Track program to expand its network and offer better borrowing and lending services.
Cryptocurrency users now have received the possibility to enjoy the benefits of DLCs on the Bitcoin mainnet.