DeFi

In the face of exorbitant mortgage rates crippling the housing market in Africa, Coinbase, a leading cryptocurrency exchange, has spotlighted the potential of blockchain technology to radically transform the situation. The exchange has specifically highlighted the innovative efforts of Empowa, a decentralized finance (DeFi) platform powered by Cardano (ADA), that aims to tackle the housing […]

In a pivotal move that could shape the future of crypto regulations in the UK, venture capital titan Andreessen Horowitz (a16z) has proactively engaged with HM Treasury (aka “the Treasury”). Venture capital firm Andreessen Horowitz, also known as a16z, has submitted a comprehensive response to the UK’s Treasury Department (which is the government’s economic and finance ministry) consultation paper on […]

Trust Wallet and MetaMask are two of the best non-custodial cryptocurrency wallets in the crypto industry. Both wallets support ERC-20 and BEP2 token standards, which are used on the Ethereum and BNB Chain networks respectively. Both also support non-fungible tokens, or NFTs. MetaMask and Trust Wallet are known for being easy to use thanks to […]

In an upcoming testimony, U.S. Securities And Exchange Commission (“SEC”) Chair Gary Gensler is set to share his thoughts on crypto markets and regulation at a U.S. Congress hearing. It is important to note that these comments reflect his personal views, and he makes it clear that he is not speaking on behalf of the […]

The crypto world is debating the SEC’s proposed amendments to exchange regulations, which could impose additional burdens on crypto platforms and hamper innovation, according to Commissioner Hester M. Peirce (aka “Crypto Mom”). The U.S. Securities and Exchange Commission (SEC) announced on April 14 that it is reopening the comment period and providing supplemental information for […]

On Friday (April 7), the team behind TapTools, the most popular and comprehensive asset tracking platform on Cardano, explained why Cardano’s Total Value Locked (TVL) is “set for exponential growth.” On Twitter today, the TapTools team shared their perspective on why Cardano’s Total Value Locked (TVL) could be poised for significant growth. They attributed this […]

Liqwid Labs shakes up Cardano DeFi with the historic integration of Charli3’s oracle price feeds. On Thursday (April 6), Yevhen Karpenko, Twitter Ambassador at startup DeFi, recently shared his excitement about “The FIRST ORACLE INTEGRATION ON CARDANO!” He emphasized that this significant event demonstrates the ongoing commitment to full decentralization on Cardano and the growing […]

In a recent video, Shahaf Bar-Geffen, CEO of FinTech startup COTI Group, explained why Cardano-powered algorithmic stablecoin Djed ($DJED) maintained its peg last week, despite some other major stablecoins faltering amidst market turbulence. He also explained why Djed has a bright future. Background On 26 September 2021, day two of the two-day Cardano Summit 2021, IO […]

On Thursday (March 16), a popular pseudonymous $ADA whale commented on the growing importance and popularity of Cardano’s DeFi ecosystem. Yesterday, the prominent Cardano ($ADA) influencer “ADA whale” (“cardano_whale” on Twitter) tweeted about the rapid growth of Cardano’s TVL (363 million ADA, which is roughly $118.65, as of March 17, according to data from DefiLlama), […]

In a fireside chat (titled “DeFi: Resilience in the Face of Global Uncertainty”) with Alex Cohen at the two-day event StarkWare Sessions held during ETHTLV 2023 week in Tel Aviv, Israel, Aave Founder and CEO Stani Kulechov shared his thoughts on the DeFi space and its potential for wider adoption. As Cointelegraph reported earlier today (6 February […]

Fintech startup COTI the issuer of the algorithmic stablecoin Djed ($DJED), has recently announced that the Cardano-powered algorithmic stablecoin is set to be listed on the network’s largest decentralized exchange (DEX) MuesliSwap. COTI retweeted an announcement from the team behind MuesliSwap, which revealed it will e listed both $DJED and $SHEN, a reserve token meant […]

In a recent interview, Sir Jon Cunliffe, Deputy Governor for Financial Stability at Bank of England (BoE), shared his thoughts on crypto and how it should be regulated. According to his BoE bio, Sir Jon Cunliffe “became Deputy Governor for Financial Stability on 1 November 2013.” He is “a member of the Bank’s Financial Policy and Monetary […]

On Friday (9 December 2022), Catherine Wood, Founder, CIO, and CEO at ARK Investment Management, LLC (aka “ARK” or “ARK Invest”), talked about how she expected the several major bankruptcies we have seen in the crypto space would affect the crypto market. According to a report by The Daily Hodl, during her interview with Yahoo Finance, Wood […]

On Friday (9 December 2022), Arthur Hayes, Co-Founder and former CEO of BitMEX, explained how he is “earning a yield” while waiting for “the crypto bull market to return.” In a blog post published yesterday, Hayes shared his medium-term outlook for crypto prices: “I don’t know if $15,900 was this cycle’s bottom. But, I do have […]

On Monday (21 November 2022), Sir Jon Cunliffe, Deputy Governor for Financial Stability at Bank of England (BoE), shared his thoughts on crypto and its regulation during a speech given at Warwick Business School’s Gilmore Centre Policy Forum Conference on DeFi & Digital Currencies. According to his BoE bio, Sir Jon Cunliffe “became Deputy Governor […]

Recently, Joey Krug, Co-CIO of crypto investment firm Pantera Capital, talked about how the collapse of SBF’s FTX empire had affected his firm and the impact he expects it to have on the crypto space in the short, medium, and long term. The following video from Wall Street Journal nicely summarizes how FTX went bankrupt: Krug’s […]

Recently, BitGo, which works with clients, partners, and regulators to “deliver innovative security, custody, and liquidity solutions”, introduced a new cryptocurrency that should be of great interest to $DOGE holders: Wrapped Dogecoin (wDoge) on Ethereum. In a blog post published last Thursday (November 3), BitGo introduced wDoge, and here is what it had to say […]

On Wednesday (October 5), Cardano-powered decentralized exchange (DEX) MuesliSwap announced that it had launched Plutus v2 contracts, as well as liquidity pools, to become “the first DEX on Cardano with both Orderbook and AMM trading.” In a subsequent tweet, the MuesliSwap team noted that “yield farming with double and triple yield opportunities will launch in […]

Recently, Lauren Stephanian, a Partner at crypto-focused investment firm Pantera Capital, shared her thoughts on some of the main issues with decentralized governance. Stephanian made her comments while speaking on September 21 at a panel (titled “What’s Next for DeFi Governance”) at Messari’s annual conference Mainnet (September 21-23, 2022) in New York City: She said: […]

On Monday (September 27), Federal Reserve Chairman Jerome Powell shared his thoughts on the regulation of the crypto industry during a speech at the Banque of France conference “Opportunities and challenges of the tokenisation of finance: which role for Central Banks?”. These comments were made at a roundtable (“How should central banks address financial stability challenges related to digitalization […]

Dan Morehead, CEO and Co-CIO of crypto investment firm Pantera Capital, talked about why he is so bullish on decentralized finance (DeFi) during an interview with Real Vision CEO Raoul Pal at the SALT New York 2022 conference. On September 12, according to a report by The Daily Hodl, Morehead had this to say about how he […]

Billionaire investor Mike Novogratz talked about why he is so bullish on decentralized finance (DeFi) while appearing as part of a panel at the SALT New York 2022 conference. Former hedge fund manager Novogratz is the Founder and CEO of Galaxy Digital, “a technology-driven financial services and investment management firm that provides institutions and direct clients with a full […]

On Tuesday (September 20), Evgeny Gaevoy, Founder and CEO of crypto market maker Wintermute, announced that their DeFi operations had been “hacked for about $160M.” The Wintermute CEO took to Twitter a short time ago to say that centralized finance and over-the-counter (OTC) operations “are not affected” and that they are “solvent with twice over […]

A popular cryptocurrency analyst has highlighted potential trading opportunities for the native tokens of two decentralized finance (DeFi) projects, Aave and Compound, as both of these have managed to hold their positions throughout the bear market. According to the pseudonymous cryptocurrency analyst known as Altcoin Sherpa, who shared his thoughts on social media with his […]

On September 4, pseudonymous Cardano ($ADA) influencer “ADA whale” (“cardano_whale” on Twitter) explained why he is looking forward to next Tuesday’s launch of Aada on the Cardano mainnet. On Wednesday (August 31), Cardano-powered crypto lending startup Aada Finance announced that it is launching the Aada Finance V1 lending and borrowing protocol on the Cardano mainnet on September 13. […]

The Trust Wallet DApp Browser is a Web3 browser from Trust Wallet —a popular non-custodial wallet for storing cryptocurrency and Non-Fungible Tokens (NFTs). The browser allows users to interact with all decentralized applications (DApp) on various networks in a seamless fashion. In this article, we’ll teach you how to enable the Trust Wallet DApp Browser […]

On Wednesday (August 31), Cardano-powered crypto lending startup Aada Finance announced that it is launching the Aada Finance V1 lending and borrowing protocol on the Cardano mainnet on September 13. The team’s press release, which was published on Cointelegraph earlier today, went on to say: “After months of public testnet, Aada Finance is finally ready to deploy […]

Alex Tapscott says that the current bear market provides opportunities for companies and investors.  Alex Tapscott is “an entrepreneur, author and seasoned capital markets professional focused on the impact of Bitcoin, blockchain and other digital assets on business and financial markets.” He is “the co-author of the critically acclaimed non-fiction best-seller, Blockchain Revolution, which has […]

The host of popular crypto market commentary show Coin Bureau says that he is considering adding the decentralized finance (DeFi) altcoin $AAVE to his portfolio.  $AAVE is the governance token of Aave, which is “a decentralised non-custodial liquidity market protocol where users can participate as depositors or borrowers.” Depositors “provide liquidity to the market to earn […]

The host of popular crypto market commentary show Coin Bureau says that several decentralized finance (DeFi) altcoins are making a comeback.  Speaking in a recent YouTube update, Coin Bureau’s host “Guy” says that DeFi is making a comeback despite most predicting that crypto has entered a bear market.  The show’s host noted that non-custodial liquidity […]

Recently, the popular psuedonymous host of crypto market commentary show Coin Bureau talked about $AAVE, which is the governance token of non-custodial liquidity protocol Aave. Aave is “a decentralised non-custodial liquidity market protocol where users can participate as depositors or borrowers.” Depositors “provide liquidity to the market to earn a passive income,” while borrowers “are able […]

CZ, Co-Founder and CEO of the world’s largest centralized crypto exchange (CEX) by trading volume, recently shared his thoughts on decentralized finance (DeFi) and decentralized exchanges (DEXes). Speaking in an interview with the two co-hosts of the Bankless podcast, Binance chief Changpeng “CZ” Zhao predicted that DeFi and decentralized exchanges (DEXes) would be far superior […]

Massachusetts-based 28-year-old software engineer and Wikipedia editor Molly White, who has a blog called “Web3 Is Going Just Great“, is — according to Washington Post — “fast becoming the cryptocurrency world’s biggest critic.” Here is some information about White from her Wikipedia page: “White edits Wikipedia under the username ‘GorillaWarfare’. She began editing as a […]

As you may remember, on Monday (May 16), Coinbase announced that it had started to “roll out the ability for a small set of Coinbase app users to access Ethereum-based dapps directly from the Coinbase app.” According to the blog post published on May 16 by Rishi Dean, Director of Product Management, the main Coinbase […]

On Monday (May 9), the world’s largest crypto exchange by trading volume, announced its plan for $LDO, the Ethereum-based token that grants governance rights in the Lido DAO. What Is Lido? Lido, which was introduced on 15 October 2020, is “a liquid staking solution for ETH 2.0 backed by industry-leading staking providers.” It “lets users stake their […]

This article takes a look at Maladex, which according to its developers is an upcoming “research-driven” Cardano-powered decentralized exchange (DEX) that is aiming to be “a full-fledged trading platform… for crypto, indexes, synthetics, derivatives.” The information contained in this article comes from the Maladex website, the Malaxdex white paper, and conversation on Twitter between “ADA […]

Last Tuesday, the Cardano-powered decentralized exchange (DEX) that Charles Hoskinson, Co-Founder and CEO of IO Global (IOG) had been “really looking forward to” in the past few months, launched on the Cardano mainnet. WingRiders is being developed by Slovakian FinTech startup Vacuumlabs, which is “a software development company that builds modern full stack fintech solutions for startups, scale-ups and […]

On Thursday (April 14), the team behind cross-chain bridge Allbridge announced that it had “successfully integrated support for XRP Ledger (XRPL), a decentralized, public blockchain built for payments,” delivering on a promise it made back in January. What Is Allbridge? According to Allbridge’s documentation, a blockchain bridge is “a connection that allows tokens and/or arbitrary data to […]

On Monday (April 4), JPMorgan Chase Chairman and CEO Jamie Dimon talked about blockchain technology and decentralized finance (DeFi) in his company’s latest annual Letter to Shareholders. In section “Investments and Acquisitions: Determining the Best Use of Capital and Assessing ROIs” of this report, he stated: “We now process payments for eight of the top 10 global Big Tech […]

A widely-followed Cardano ($ADA) whale on social media has revealed they believe the total value locked (TVL) on the Cardano blockchain is “going into the billions soon” as more projects are launched on top of it. According to a tweet shared by ADA whale with its over 80,000 followers, they see the Cardano network as […]

On Saturday (March 12), Charles Hoskinson, who is Co-Founder and CEO of IO Global (aka “IOG”, formerly known as “IOHK”), the company responsible for Cardano’s research and development, talked about TVL in Cardano-powered DeFi protocols. Hoskinson’s comments came in response to an $ADA HODler’s tweet about the rapid growth in Cardano’s Total Value Locked (TVL), i.e. the […]

Catherine Wood, Founder, CIO, and CEO at ARK Investment Management, LLC (aka “ARK” or “ARK Invest”), recently shared her thoughts on decentralized finance (DeFi). Her comments were made during a conversation with John Quelch, dean of the University of Miami Herbert Business School. Wood was introduced by her friend, mentor, and former professor distinguished American economist Dr. Arthur […]

On Tuesday (March 8), the Avalanche Foundation launched Avalanche Multiverse. What is Avalanche ($AVAX)? Below is a brief description of Avalanche from its developer documentation: “Avalanche is an open-source platform for launching decentralized applications and enterprise blockchain deployments in one interoperable, highly scalable ecosystem. Avalanche is the first decentralized smart contracts platform built for the scale […]

Crypto Exchange Gemini has announced that it is now supporting $SOL, the native token of Solana, which is “an open source project implementing a new, high-performance, permissionless blockchain” that is maintained by the Geneva-based Solana Foundation. Yesterday (February 28), Gemini announced on its blog that it has added support for $SOL. Currently, $SOL is supported for […]

On Monday (February 21), former Goldman Sachs executive Raoul Pal explained what data from Google Trends is saying about current trends in the crypto space. Google Trends is “a website by Google that analyzes the popularity of top search queries in Google Search across various regions and languages.” It “uses graphs to compare the search volume of […]

Earlier this month, FinTech firm Ripple released a report titled “Crypto Trends in Business and Beyond” about a “blockchain-driven landscape” that it calls the “Internet of Value”. Ripple’s 44-page research report — which “focuses on the role of key blockchain use cases like payments and DeFi, and the token types — often referred to as […]

As Cardano Foundation pointed out on Tuesday (February 1), the Cardano platform’s Total Value Locked (TVL) — i.e. the total amount of funds locked in Cardano’s DeFi protocols — increased by over 9,000% last month as the highly anticipated DEX SundaeSwap went live on the mainnet. Cardano Foundation is “an independent Swiss-based non-profit that oversees […]

Recently, Paul Veradittakit, a partner at crypto investment firm Pantera Capital, shared his thoughts on what lies ahead in 2022 for Ethereum’s layer 2 scaling solutions, L2 blockchains competing with Ethereum (such as Solana), blockchain interopability protocols, NFTs, DAOs, and DeFi security. Veradittakit’s comments were made in the January 2022 issue of his firm’s monthly […]

Recently, the popular psuedonymous host of Coin Bureau explained why they feel that $AAVE, which is the governance token of non-custodial liquidity protocol Aave is severely undervalued. What Is Aave? Aave is “a decentralised non-custodial liquidity market protocol where users can participate as depositors or borrowers.” Depositors “provide liquidity to the market to earn a passive […]

SundaeSwap, which calls itself “the sweetest decentralized exchange on Cardano”, has made an important security-related announcement. What Is SundaeSwap ($SUNDAE)? SundaeSwap is “a native, scalable decentralized exchange and automated liquidity provision protocol”. It is backed by cFund (“an early-stage sector agnostic venture firm in the Blockchain industry anchored by IOHK and managed by Wave Financial”); Alameda Research (the quantitative cryptocurrency […]

The team behind Algorand’s “first algorithmic money market and stablecoin” has joined forces with the Algorand Foundation to give away 2M $ALGO tokens in Q1 2022 via the Aeneas Liquidity Program. As Binance Research explained in a research report published in June 2019, Algorand is “a permissionless, pure proof of stake blockchain that ensures full participation, protection and speed […]

Leading US-based crypto exchange Coinbase has outlined a plan for making the future of the internet — or web3 as crypto folks like to call it — and cryptoassets more accessible and user-friendly with its new Wallet. In a recent blog post, Coinbase highlighted the growing adoption of crypto and blockchain-enabled experiences across the world. […]

Despite very difficult market conditions during the past few days, $AVAX has been enjoying bullish price action thanks to the arrival of Circle’s highly popular stablecoin USD Coin ($USDC) on Avalanche. What is Avalanche ($AVAX)? Below is a brief description of Avalanche from its developer documentation: “Avalanche is an open-source platform for launching decentralized applications and […]

A recent report by the Bank for International Settlements (BIS) issues a warning regarding decentralized finance (DeFi), saying that it could cause harm to the existing financial system.  The BIS was established in 1930 and is based in Basel, Switzerland. Its aims are “to serve central banks in their pursuit of monetary and financial stability, to foster […]

This article takes a brief look at five decentralized finance (DeFi) lending and borrowing protocols built on top of Cardano smart contracts: Aada; ADALend; Liqwid; MELD; and Paribus. Aada ($AADA) Here is an overview of this project: “Aada is crypto assets lending platform. Smart contract allows to deposit assets and collect interests or borrow assets […]

On Monday (November 22), three days after decentralized exchange (DEX) Maiar went live, the price of $EGLD, the native asset of layer one blockchain Elrond, recorded another new all-time high of $478.99 at 10:09 a.m. UTC. What Is Elrond? According to Elrond’s documentation, Elrond, the mainnet of which went live in 2018, is “a distributed […]

Valour Uniswap, which is the latest exchange traded product (ETP) by Valour Inc. (a subsidiary of DeFi Technologies), has launched on the Frankfurt Stock Exchange (in German: “Börse Frankfurt”). On October 26, ETP issuer Valour announced the upcoming launch of Valour Uniswap (VALOUR UNISWAP – CH1114178846) on Börse Frankfurt. According to Valour, this is the first […]

On Sunday (October 24), the host of the highly popular YouTube-based crypto analysis and trading show “Altcoin Daily” apologized to the Shiba Inu ($SHIB) community for thinking of this project as just another meme-based coin competing with Dogecoin ($DOGE) for attention. In a YouTube video released yesterday, at a time when $SHIB was trading around […]

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”. […]

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.” […]