DeFi

Cardano ($ADA) Powered DeFi Hub Building Cardano-Elrond Bridge Infrastructure

Cardano-powered DeFi Ardana has announced a long-term partnership with high-throughput layer 1 blockchain Elrond ($EGLD), as the result of which Ardana “will build the bridge infrastructure required for asset transfer between Cardano and Elrond.” Ardana is “a decentralized stablecoin hub which will bring the necessary DeFi primitives needed to bootstrap & maintain any economy to Cardano”. […]

Chainlink Labs Has ‘A Tremendous Amount of Respect for the Cardano Ecosystem’

Earlier today (September 25), Niki Ariyasinghe, Head of Business Development (Asia-Pacific, Middle East and Africa) at Chainlink Labs, discussed with Tim Harrison, Marketing & Communications Director at IOHK (aka “IOG”), the technology company that develops the software implementing the Cardano protocol, a new strategic collaboration that will “help developers build smart contracts for Cardano DeFi applications.” […]

This Red-Hot Solana ($SOL) Powered DeFi Token Is Up 22000% in Past Seven Weeks

Solana has been the hottest L1 blockchain this summer, with $SOL up almost 7800% so far in 2021. As the result of the interest Solana has generated, projects in the Solana ecosystem have benefited greatly and their tokens have enjoyed huge gains. On June 1, a startup named Saber Labs announced the launch of StableSwap, […]

Cardano Founder Deals With Concurrency FUD, a Second Japanese Exchange Lists $ADA

Shortly after Minswap, the first decentralized application (DApp) on Cardano’s public testnet went live, users started starting getting concurrency-related errors, which led to Cardano critics claiming that this meant that its accounting model cannot support concurrency. At 20:20 UTC on Wednesday (September 1), Cardano’s public testnet hard forked into the Alonzo era, thereby offering support […]

Why And How Bonded Finance Is Helping to Make The Most Out Of Your Altcoins

Important information: This is a sponsored story. Please remember that the value of investments, and any income from them, can fall as well as rise, so you could get back less than you invest. If you are unsure of the suitability of your investment, please seek advice. Tax rules can change and the value of […]

U.S. SEC Signs Deal With Blockchain Firm To ‘Analyze and Trace Smart Contracts’

The U.S. Securities and Exchange Commission (SEC) has reportedly signed a six-figure deal with a blockchain analytics startup AnChain.AI in order to be able to better monitor and regulate the fats-growing decentralized finance (DeFi) space. AnChain.AI was founded by Dr. Victor Fang (who is the CEO) and Ben Woo (who is the COO). Fang, who […]

Decentralized Finance Could Become $800 Billion Industry Next Year, Says Veteran Crypto Investor

Matthew Roszak, a veteran cryptocurrency investor and co-founder of decentralized finance (DeFi) platform Vesper, has revealed he believes the DeFi industry could hit $800 billion next year as its exponential growth trend continues. Speaking to Business Insider, Roszak said he believes a “perfect storm” is underway for the industry, as mainstream cryptocurrency adoption is growing […]

Solana ($SOL) Hits New All-Time High Above $70 as Its DeFi Ecosystem Attracts Investors

The price of Solana ($SOL) has briefly surpassed the $70 mark to hit a new all-time high above $77, as the cryptocurrency outperformed other top cryptocurrencies over the last 48 hours thanks to growing interest in its decentralized finance (DeFi) ecosystem. TradingView data shows the cryptocurrency is up over 150% in the last 30 days, […]

Wormhole Goes Live, Providing Bridge Between Solana, Ethereum, Binance Smart Chain, and Terra

The mainnet for cross-chain interoperability protocol Wormhole has launched with support for Solana, Ethereum, Binance Smart Chain, and Terra. Furthermore, it promises to support other major blockchains in the near future. In a blog post published on August 9, the team said that Wormhole is “a cross-chain messaging protocol, secured by a network of Guardian […]

Poly Network Hacker Returns $600 Million in Stolen Crypto

The Poly Network hack of more than $600 million in cryptoassets has taken a new twist after the hacker decided to return all of the stolen funds.  On August 10, a hacker was able to take advantage of an exploit in the interoperability protocol Poly Network in order to steal $600.3 million in cryptoassets, making […]

Popular Crypto Analyst Explains Why He Is So Bullish on Ethereum ($ETH)

Recently, popular crypto analyst and influencer “Coin Bureau” talked about Ethereum (ETH) and how the ETH price could “skyrocket” even if the DeFi part of its ecosystem managed to replace just a small percentage of traditional finance. In a video released on YouTube channel “Coin Bureau“, the show’s pseudonymous host told the channel’s over 1.13 million subscribers about […]

Crypto Analyst Explains Why He Invested in This Relatively New DeFi Token

Recently, crypto analyst Aaron Arnold, Co-Founder and host of the “Altcoin Daily” YouTube channel, talked about $FORM, the native token of decentralized finance (DeFi) project “Formation Fi“. The following description is from a blog post by the team that was published on June 10: “Formation Fi is a DeFi project that aims to take yield farming […]

eToro CEO: ‘A Transfer of Over $10 Trillion’ Over Next 10 Years Into Cryptoassets

Recently, Yoni Assia, Co-Founder and CEO of social trading and multi-asset brokerage eToro, talked about the future of crypto. The eToro CEO’s comments were made during a conversation he had with journalist Rachel Wolfson, who was reporting for Cointelegraph from Miami’s Bitcoin 2021 conference. Assia said: “When we’re thinking about the future, eToro firmly believes in the combination […]

CFTC Commissioner Dan Berkovitz Is Concerned About Decentralized Finance (DeFi)

During a speech on Tuesday (June 8), Dan M. Berkovitz, one of the five commissioners of the Commodity Futures Trading Commission (CFTC), shared his concerns about Decentralized Finance (DeFi). The CFTC is “an independent agency of the US government created in 1974, that regulates the U.S. derivatives markets, which includes futures, swaps, and certain kinds of […]

Ripple Proposes Federated Sidechains to ‘Unlock DeFi Capabilities’

Ripple’s Chief Technology Officer David Schwartz has proposed the introduction of federation sidechains to allow developers to implement smart contracts and decentralized finance (DeFi) capabilities adjacent to the XRP Ledger. In a blog post, Schwartz noted that Ripple has been resisting adding smart contracts capabilities to the XRP Ledger because of the risk of compromising […]

Shark Tank’s Kevin O’Leary Explains Why He Is Excited Decentralized Finance (DeFi)

Canadian celebrity investor Kevin “Mr Wonderful” O’Leary says the sector within the crypto space that he is most excited about is decentralized finance (DeFi).  According to a report by The Daily Hodl, during in a recent interview (released on May 24) with Anthony Pompliano (aka “Pomp”), O’Leary said:  What interests me the most right now […]

Crypto Analyst Who Called BTC’s Bear Market Bottom Goes ‘All In’ on DeFi and ETH

A cryptocurrency analyst and influencer known on social media as “SmartContracter” has revealed he is “basically all in” on decentralized finance (DeFi) tokens and Ethereum now, and has “literally 0 BTC.” The analyst revealed his position on the microblogging platform Twitter amid a series of tweets revealing he is bullish on Ethereum and some decentralized […]

SushiSwap’s $SUSHI May Be the ‘Most Undervalued Token’ in the Space, Says Arca’s CIO

The Chief Investment Officer of cryptocurrency investment firm Arca, Jeff Dorman, has revealed the firm believes SushiSwap’s SUSHI token may be the “most undervalued” in the cryptocurrency space based on three main overhands. In a Twitter thread, Dorman revealed that SUSHI has underperformed other decentralized exchange tokens, including that of rival automated market maker Uniswap. […]

Polygon (MATIC) Hits New All-Time High as It Integrates New Projects, Transaction Skyrocket

The price of Polygon (MATIC) has hit a new all-time high above $1.5 after the Ethereum scaling solution integrated numerous popular decentralized finance (DeFi ) projects and the number of transactions it processes per day skyrocketed. According to data from a MATIC network explorer, Polygon has now processed over 62.4 million transactions and has nearly […]

TeraBlock Gears Up for an IDO After Raising $2.4 Million

After having raised $2.4 million in funding, the cryptocurrency trade automation exchange TeraBlock is gearing up for its IDO. The Initial DEX Offering (IDO) is set to go live May 11th on BSCPad. TeraBlock raised funding from noted crypto investors including Blocksync Ventures, Blockchain.com, AU21, MarketAcross, BTX Capital, CryptoDormFund, Brilliance Ventures, Magnus Capital, and others. […]

There is an Emerging Need to Get Education About Crypto Taxation in the Age of Defi

The crypto boom is attracting more and more people to invest paper into digital money. But how many are aware of their tax duties? Cryptocurrencies are treated as property for tax purposes in many countries.

MVIS CryptoCompare DeFi 20 Index, Which Includes $LINK and $UNI, Up 391% in 2021

MV Index Solutions (MVIS), a subsidiary of global investment manager VanEck, in partnership with CryptoCompare, a leading provider of digital asset data, launched the MVIS CryptoCompare DeFi 20 Index (Bloomberg ticker: MVDEFI) on Monday (April 19). The MVIS CryptoCompare DeFi 20 Index is a modified market cap-weighted index which tracks the performance of the 20 largest and most liquid decentralized […]

$RAZE Token Successfully Finishes a Launch Combo: Triple IDO and Multiple Listings

Raze Network, a Substrate-based cross-chain privacy protocol, is set to announce the strategic listing of its Raze token on popular decentralized finance (DeFI) platform, Uniswap as well as Balancer. This listing closely follows its recently completed triple IDO event on three launchpads.  The yet-to-be confirmed listing on Uniswap took place on April 16, 2021, at […]

$XRP Joins World of DeFi Thanks to Wanchain’s Cross-Chain Bridges, XRP Breaks $1.61

On Monday (April 12), the Wanchain team announced that now “XRP token holders can put their XRP to work and engage with the world’s many DeFi applications.” Wanchain is a blockchain interoperability platform. Since “Wan” means “ten thousand” in Chinese, the brand name “Wanchain” translates to “ten thousand blockchains”. This makes sense when you consider […]

If You Care About DeFi, You Should Know About the 1inch Network

On Thursday (April 8), the team behind the 1inch project, which is perhaps best known for its highly regarded DEX aggregator, decided to formally introduce all five components of the 1inch Network. The 1inch Network “unites decentralized protocols whose synergy enables the most lucrative, fastest and protected operations in the DeFi space.” Here are a […]

How Decentralized Service Level Agreements Could Help With Hedging Infrastructure Risk

This article looks at how decentralized service level agreements (SLAs) could help with hedging against infrastructure risk, such as delegation risks with Proof-of-Stake (PoS) blockchains. Blockchain technology has allowed for users to transact and send value in a “trustless” environment by removing third-party middlemen. The most basic example of this is Bitcoin, which allows anyone […]

Xend Is Listing on AscendEX

AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of the Xend Token (XEND) under the pair USDT/XEND on Apr 2 at 1:00 p.m. UTC. Xend Finance is a DeFi platform for cooperatives and credit unions that offers multiple levels of interest by optimizing […]

Crypto Influencer Lark Davis Unveils His New DeFi Altcoin Bet

Popular cryptocurrency influencer and analyst Lark Davis has unveiled a new decentralized finance (DeFi) altcoin that he is betting on in a YouTube video published to his over 240,000 subscribers on the Google-owned platform. In the video, as Daily Hodl reports, Davis reveals he is betting on Tidal Finance’s TIDAL token. The project is building […]

Popular Crypto Trader Nicholas Merten Highlights Three DeFi Altcoins

Top crypto trader Nicholas Merten says three DeFi altcoins are about to benefit from a coming market boom after gains from bitcoin trickle to other crypto-assets.

Yield App Hits 20K Users; Announces Partnership With Constellation Network

As part of its ongoing work to expand the DeFi universe by building relationships with leading crypto projects and platforms, YIELD App announced its partnership with the Constellation Network and its primary exchange, Lattice. The Constellation team will explore opportunities to integrate YIELD App into the Stargazer Wallet, giving users the chance to take advantage […]

Crypto Influencer Names Altcoin He Believes Is Most Undervalued in DeFi

Popular cryptocurrency influencer coin Bureau has named the alternative cryptocurrency he sees as the most undervalued one in the decentralized finance (DeFi) space, pointing out it’s currently tackling a problem in the space. In a video where he spoke to his nearly 500,000 subscribers on YouTube, the pseudonymous analyst revealed he believes Ren (REN) is […]

YIELD App + Launchpool = Corporate Account, Yield Farming

As the decentralized Finance (DeFi) space grows past $40 billion in total value locked, it garners the attention of industry-leading organizations ready to innovate within it and help democratize the space. DeFi wealth management platform YIELD App has now partnered with decentralized project launchpad platform Launchpool to ensure projects have access to higher YIELD’s highest […]

These 2 DeFi Assets Are Making Big Moves As Bitcoin and Ethereum Inch Upward

Two new decentralized finance (DeFi) cryptoassets have gone up by huge amounts in the past two weeks while Bitcoin and Ethereum prices slowly move up to their previous all-time highs.  A report by The Daily Hodl published on March 8 points out the successes of Alchemix (ALCX) and Inverse Finance (INV). Alchemix calls itself “The […]

This Little-Known Altcoin Could Challenge Amazon Web Services, Says Popular Crypto Trader

Crypto trader and influencer Ben Armstrong says the little-known altcoin Cartesi (CTSI) has the potential to be a competitor for Amazon Web Services.

Crypto Analyst Tyler Swope Says These 3 Low Market Cap Altcoins Could Outperform

Recently, crypto analyst and influencer Tyler Swope named his top altcoin picks in the sub-$50 million market cap category.  In a YouTube video (titled: “Lowcap ALTCOIN Gems To SAVE THE DAY!! Top Picks!?”) released on March 4, the host of the “Chico Crypto” YouTube channel, talked about three decentralized finance (DeFi) tokens that he finds interesting. First on […]

Crypto Influencer Ben Armstrong Names 4 Cryptoassets That Could Surge in March

Popular crypto influencer Ben Armstrong has told followers his top four crypto-assets for the coming month, calling bitcoin the top performer.

Aave CEO: Current Yield-Farming ‘Craze’ in DeFi Is ‘Pretty Much Money Printing’

Aave chief executive officer (CEO) Stani Kulechov says the yield farming craze for cryptoassets is coming to an end, despite a bullish outlook for decentralized finance (DeFi). In an interview with Crypto Briefing, Kulechov commented on the current state of DeFi, including solutions to problems facing the industry. Kulechov highlighted the emphasis in DeFi on […]

NFT Native Tokens Skyrocket As Digital Collectibles Grow in Popularity

Native tokens belonging to NFT marketplaces have skyrocketed over the last several days, as crypto investors pour millions into the nascent industry.

SushiSwap Goes Live on Binance Smart Chain and Others in Bid to Flee Ethereum’s Fees

SushiSwap has deployed contracts on Binance Smart Chain and other blockchain networks in a bid to escape the rising gas fees of ethereum.

Two DeFi Altcoins Could Soon Surge, Says Crypto Analyst Who Called 2018’s Market Bottom

A top cryptocurrency strategist that has gained a large following on social media after accurately calling bitcoin’s 2018 bear market bottom above $3,000 has pointed to two decentralized finance (DeFi) altcoins he believes could soon surge as the crypto market recovers. The pseudonymous analyst, known as Smart Contractor on social media, told his over 100,000 […]

Crypto Analyst Points to Little-Known Altcoin With Bullish Potential

Popular trader and market analyst Coin Bureau told followers he’s bullish on identity aggregation protocol Litentry (LIT), noting the project met his criteria for a gem altcoin.

Brave Browser to Add Decentralized Exchange Aggregator to Grow BAT’s Use

The cryptocurrency-powered Brave browser has revealed plans to add a decentralized exchange (DEX) aggregator to its platform in a bid to bring the decentralized finance (DeFi) space closer to its millions of users. According to an update to its roadmap, Brave is planning on enabling token swaps through a decentralized exchange aggregator built on Brave, […]

SushiSwap Gains Ground on Uniswap as SUSHI Token Lags Behind

A report by Delphi Digital shows that SushiSwap has managed to gain ground on top DeFi competitor Uniswap, despite getting off to a controversial start.

Popular Crypto Analyst Says This Little-Known Altcoin Could Soon Surge

Popular cryptocurrency trader and influencer Elliot Wainman has revealed he is bullish on a little-known altcoin that he believes could surge in the near future as it combines the advantages of decentralized finance (DeFi) with non-fungible tokens (NFTs). In a YouTube video pushed to his 260,000 subscribers, Wainman pointed to the KIRA Network (KEX), a […]

Crypto Analyst Lark Davis Says These 5 Low Market Cap Gems Could Deliver 100x Gains

In a recent video for his very popular YouTube channel, popular New Zealand-based crypto analyst Lark Davis (@TheCryptoLark on Twitter) talked about five low-cap altcoins that could deliver 100x gains. The first three are projects that Davis has mentioned in several previous videos, but the last two projects he talks about in this video for the first […]

Coin Bureau Outlines Method For Spotting the Next 100x Altcoins

Crypto influencer “Coin Bureau” (“@coinbureau” on Twitter) is offering some tips for spotting the next big altcoins.  In a recent video titled “Where To Find 100x Tokens Before It’s TOO LATE!!”, the show’s host predicted the current bull rally was coming to an end, making it paramount for investors to find the last remaining altcoin […]

These Top DeFi Projects Could Go Parabolic, Says Trader Elliot Wainman

Top crypto trader and market analyst Elliot Wainman gave his update on top DeFi projects, noting the upside potential of the market.

Pantera Capital Co-CIO Explains Why ‘DeFi Is the Future of Finance’

Joey Krug, Co-Chief Investment Officer at blockchain-focused investment firm Pantera Capital Management LP, explained in his firm’s most recent monthly newsletter how he “became 99.9% convinced that DeFi is the future of finance.” In the February 2021 issue of Pantera Blockchain Letter, which was published on Thursday (February 11), Krug talked about the GameStop saga and how the […]

This Hot DeFi Token Is Up 1000% So Far This Year

The token of a relatively new decentralized exchange in the decentralized finance (DeFi) space has rallied over 1,000% so far this year as the DEX has been seeing massive trading volumes over the last few weeks. The native token of PancakeSwap (CAKE) launched late last year and has surged recently as the exchange is now […]

BNB Hits $148, CZ Says Binance Smart Chain Has Flipped Ethereum on Daily Transactions

On Wednesday (February 10), Binance Coin (BNB) extended the rally that has taken it from around $27.80 (on November 10) to around $145.70, where it is currently (as of 10:55 UTC on February 10), as you can see from the three-month price chart below by TradingView. According to TradingView, at 09:03 UTC on February 10, […]

Ethereum ($ETH) Breaks $1800, Gemini Co-Founder Says It ‘Feels Really Undervalued’

In a recent interview, Cameron Winklevoss, Co-Founder and President of crypto exchange Gemini, told journalist Layah Heilpern that he felt that Ether (ETH) was “really undervalued.” His comments during an interview last Thursday, at a time when Ether was trading around $1600: “It’s really hard to put a ceiling or a framework on creativity, and […]

This New DeFi Token Is Up Over 900% in Past 30 Days

In a recent interview, crypto analyst and trader Scott Melker talked about a relatively new cryptoasset that has shown impressive gains since its launch in December. BADGER is the governance token for Badger DAO. This can be used for voting and for receiving cash flow from the fees earned by the protocol. The aim of the […]

Billionaire Mark Cuban on Stock Market, HODLing, DeFi, NFTs

Recently, Mark Cuban shared his thoughts on the the stock market, decentralized finance (DeFi), and non-fungible token (NFTs) during an “Ask Me Anything” (AMA) session. Cuban is the majority owner of the professional basketball team Dallas Mavericks, as well as one of the “sharks” on the highly popular reality show “Shark Tank” (which is aired on the ABC […]

Popular Ethereum Whale Claims Little-Known DeFi Altcoin Could Soon Surge

A popular Ethereum whale who decided to join social media seemingly as an experiment has recently named a little-known cryptocurrency in the decentralized finance (DeFi) space they believe could soon surge. The ether whale, gong by 0x_b1 on the microblogging platform Twitter, said in response to other users that yAxis (YAX) could see its value […]

Ethereum Closes in on $1,500 as WallStreetBets Saga Leads to DeFi Push

The price of the second-largest cryptocurrency by market capitalization, Etheruem, is now closing in on the $1,500 mark to set a new all-time high as the recent WallStreetBets saga is leading to a push toward decentralized finance (DeFi). Available data shows that earlier the price of ETH surpassed the $1,450 mark on cryptocurrency exchange Kraken […]

Kraken CEO Jesse Powell: ‘DeFi Is Really Eating the World of Finance’

In a recent interview with Yahoo Finance, Kraken Co-Founder and CEO Jesse Powell talked about Bitcoin, Ethereum, decentralized finance (DeFi), tokenization of stocks, and Dogecoin (DOGE). Below are a few highlights of the comments the Kraken CEO made during his discussion with Yahoo Finance’s Akiko Fujita and Zack Guzman. Equity Markets Powell argues that the lack of transparency in […]

Crypto Investor Explains Why ‘$ETH Is Going To Blow Past Its All-Time High’

Recently, Spencer Noon, an investor at crypto-focused early-stage venture firm Variant, explained why he is so bullish on Ethereum and its native currency Ether (ETH). Noon said that there are 11 signs that Ether is “going to blow past its all-time high”: The Ethereum network has the highest fees in the crypto space. The number of […]

Billionaire Mark Cuban on Bitcoin, Ethereum, and ‘Unlimited’ Upside of DeFi

In a recent interview, American billionaire entrepreneur and investor Mark Cuban shared his thoughts on Bitcoin, Ethereum, blockchain-powered decentralized finance (DeFi), and non-fungible token (NFTs). Cuban is the majority owner of the professional basketball team Dallas Mavericks, as well as one of the “sharks” on the highly popular reality show “Shark Tank” (which is aired on the ABC television […]

Crypto Analyst Names Four Altcoins He Is Really Bullish On

Last Sunday (January 24), popular New Zealand-based crypto analyst Lark Davis (@TheCryptoLark on Twitter) talked about four altcoins that he’s buying at the moment. In a video released on his YouTube channel on January, Davis told his 180K+ subscribers about four altcoins that he believes will do very well in the coming weeks/months. The first cryptoasset that Davis […]

Top Crypto Trader Gives Top Altcoin Picks for Ongoing DeFi Mania

Popular crypto trader and influencer Elliot Wainman said the market was entering DeFi mania, and gave his top picks for projects that could benefit from the attention.

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