Tag: blockchain companies

Jan 15 2021

Synthetix v3 Poised For 2021 Launch Could Revolutionize DeFi, Here’s How

Synthetix - the leading derivatives protocol on the Ethereum network and a pioneer in DeFi launched a new year 2021 roadmap on 12th Jan. It lists key agendas and development guidelines, which are likely to shape the direction of the protocol in this year. These are of course subject to approval through decentralized on-chain governance....

Jan 13 2021

As XRP Price Fluctuates, Central Banks May Offer Ripple Stability and Growth

In November, Ripple peaked at its highest since 2018’s all-time-high, only to begin a sad bear run to its YTD low of $0.17 on December 19th. Between the end of December and January 12th, Ripple, still a darling of the market, has seen a favorable run back up to $0.29 yesterday. As Ripple peaks, drops, and stabilizes various predictions create a fragile market...

Jan 12 2021

Bancor Liquidity Increased 1000% After v2.1 Launch Amidst Incoming Polkadot And L2 Integrations

Bancor - the automated market maker (AMM) protocol has massively increased it's total liquidity by 1000% to reach a significant figure of $175M, official report revealed citing a period from Oct-24 '20 to Jan-06 '21. This improvement came at the helm of Bancor v2.1 release and the launch of liquidity mining program, which saw the liquidity of the platform go up from ~$20M...

Jan 11 2021

Three Stocks Tied to Blockchain to Watch Now!

As the world goes wild watching Bitcoin’s seemingly unstoppable power surge to 40K, it's all eyes on the cryptocurrency leader. While others are investing in cryptocurrencies, blockchain tied stocks fly under the radar....

Dec 18 2020

EOS Parent Block One Foundation Announces Products To “Leverage” Accumulated Bitcoins

On 17 Dec, Bitcoin set a new all-time high record of $23K as a key psychological barrier was breached in the last few days. The BTC token is now up over 24% in the past week. This came on the heels of widespread institutional buying spree for the crypto’s premier asset and acceptance as a non-traditional investment by the broader financial community. However,...

Nov 20 2020

DeFi: Bancor Initiates Vampire Attack As Uniswap Liquidity Rewards Dry

Bancor has amassed a total value locked (TVL) figure of $62.1M since Nov 17, the day it launched a liquidity mining program in a so called vampire attack as Uniswap liquidity rewards dry. The pioneer automated market maker (AMM) had a total of $24M TVL on the day of program launch, which has since nearly tripled in a short period of time....

Nov 03 2020

Huobi COO Arrested – Huobi Token Plummets Amidst Bizarre Happenings

The times are getting tough for centralized exchanges, after the recent problems at OKEx and KuCoin, this time it's Huobi Global which has bizarre events happening at the exchange. According to sources, Huobi Chief Operating Officer (COO) Mr Zhu Jiawei has been under police investigation for quite some time now, while the Huobi founder Li Lin appears to be missing from the public...

Built On Graph Protocol – Everest Crypto/Web3 Registry Takes Shape

Launched this year and built on Graph Protocol, Everest decentralized registry for Crypto/Web 3 is finally taking shape! Over 1000 projects have been listed so far on this nascent project, aiming to organize/curate a list of projects and authentic information about them, in this space....

Oct 29 2020

Token Allocation: How DeFi’s Greed Threatens Decentralization

The distributed ledger technology or blockchain and the resultant cryptocurrencies have basis in the principles of decentralization, immutability and shared ownership. However, a report released by crypto analytics Messari suggests that efforts to increase centralization are rising through team token allocations,mostly in DeFi related...

Oct 20 2020

Aavegotchi Mainnet Staking Is Live, Here’s What You Need To Know

Leading DeFi/NFT hybrid Aavegotchi announced that it's mainnet GHST token staking functionality has gone live on Oct 20. Though, only available for KYC'ed users, staking would generate a non transferable second token FREN, which can be redeemed for NFT cards, collectibles, contest tickets, games, consumables and more!...

Oct 17 2020

Bancor v2.1 – An AMM-DEX Aiming To Solve Impermanent Loss!

On Oct 12, Bancor introduced the v2.1 of its Automated Market Maker (AMM) type Decentralized Exchange (DEX), a DeFi technology that it conceptualized and introduced in 2017....

Oct 15 2020

Grayscale Reports A Record $1 Billion+ In Investments in Q3!

On Wednesday, Grayscale published their report for Q3 2020. The documents showed that the New York based investment company acquired new investments worth $1.05 Billion in the last 3 months, a new record! In comparison, Grayscale was able to attract $906 Million in Q2, meaning it increased its new investments by 16%....

Oct 13 2020

Stone Ridge Asset Management Invests $115M In Bitcoin!

In another corporate Bitcoin investment, Stone Ridge asset management group announced on Oct 13 that they have invested $115M in Bitcoin, acquiring around ~10,000 BTCs. This is another entry, in a list of recent spree of corporate Bitcoin investments for the treasuries. They are being managed by the Stone Ridge's subsidiary New York Digital Investment Group (NYDIG)....

Oct 12 2020

Top 6 EOS Based DeFi Products

Lately, the rising field of Decentralized Finance (DeFi) has been the dominant trend in cryptocurrency and the blockchain tech. It is particularly associated with the Ethereum blockchain, since it has the most development till date and carries the most market value. However, DeFi is growing on other blockchain platforms, and slowly catching up to Ethereum. Enter...

Oct 08 2020

DeFi: Bancor v2.1 To Launch in October! What Will The Upgrade Bring?

Bancor launched the highly anticipated second version of it's Automated Market Maker (AMM) on Jul 31. Since, it was the first company to pioneer the orderbook-less automated decentralized exchange back in 2017, all eyes were on Bancor v2 to revolutionize the decentralized exchanges and liquidity provision industry again....

Sep 29 2020

Yearn Finance (YFI) Deploys NFTs Venture Eminence, Gets Exploited Within Hours

The Yearn Finance (YFI) introduced a new Non Fungible Tokens (NFTs) focused venture Eminence on Sep 28, adding to a list of mostly DeFi related products. Introduced on Twitter through a cryptic account eminence.finance (@eminencefi), it didn't even have a proper website / front end or UI yet, but the smart contracts held over 14 millions dollars, in a short time. However, it...

Sep 12 2020

Top 5 Crypto Projects Under 5 Cents

The crypto-market has been recovering lately after a significant sell off. So, it might be a good time to invest and pick up a few projects at low costs. A lot of people prefer to buy assets with low unit cost, for multiple reasons. Let's discuss the top 5 crypto projects that you can pick up today under 5 cents, i.e $0.05....

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