The rise of Decentralized Finance (DeFi) has not only brought a newfound wave of innovation to the broader crypto ecosystem, but also the opportunity for savvy investors to generate staggering returns. Like all markets, especially those in a state of adolescence, DeFi’s reward isn’t without… The post The Deep Dive on DeFi appeared first on […]
Stratis Protocol Secures Alphabit’s Digital Currency Fund
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Trading volumes soar as IDEX launches on Binance Smart Chain
IDEX has just announced the launch of its trading infrastructure on the Binance Smart Chain, which will facilitate cost-effective DEX trading. The IDEX ‘Multiverse’ trading solution can export its trading experience to other blockchains, enabling 1000x reduced trade settlement costs. Vastly lower fees Binance Smart Chain is attracting DEX’s and playing a big role in their continued growth. Since September of […]
First Polkadot ETP To Launch On SIX Exchange
Having added Polkadot to its crypto index, 21Shares announced that they would be launching an exchange-traded product (ETP) for DOT on the Swiss Exchange – SIX. This will be the first-ever ETP for the parachain network. PDOT ETP Details Polkadot was recently added to 21Shares, formerly known as Amun. The product is known as “HODL,” […]
MicroStrategy buys another $10 million of Bitcoin, and it’s now sitting on over $2 billion in BTC
Expect Micheal Saylor to purchase all your Bitcoins the minute you stop paying attention. The MicroStrategy CEO announced today that the enterprise software maker had purchased over $10 million worth of Bitcoin, adding to its war chest of over two billion dollars worth of the asset already. “MicroStrategy has purchased approximately 295 bitcoins for $10.0 […]
Corporate buy-ins could take Bitcoin price over $500K — report
With appetites for BTC allocations firmly present, calculations suggest that even small buy-ins would have a dramatic effect on price action. Bitcoin (BTC) could fetch at least a $535,000 price tag if corporate buyers convert 10% of their cash reserves to the largest cryptocurrency. In one of the various conclusions from its latest report, “Bitcoin: […]
Algorand names 11 blockchain startups for its first accelerator program
The Algorand Foundation introduced its Europe Accelerator program in October. Now, 11 startups have been selected as part of the inaugural cohort. Algorand Foundation, the research body behind smart contract protocol Algorand, has selected 11 startups for its inaugural accelerator program, a move that could enhance innovation on the emerging blockchain network. The 11 startups […]
ConsenSys and Securosys launch new long-term Ether staking protocol
The newly launched Codefi Staking purports to be a more secure staking solution for Ethereum 2.0. ConsenSys, a New York-based Ethereum software company, has partnered with a cybersecurity firm by the name of Securosys to launch a more secure staking solution for Eth2. The new product, dubbed Codefi Staking, provides “institutional staking tools for Ethereum 2.0,” […]
Bitcoin.com Exchange Lists Bitcoin Vault (BTCV) – a Next-Gen Security Focused Cryptocurrency
PRESS RELEASE. Bitcoin.com Exchange is thrilled to announce the listing of BTCV on the 2nd of February 2021 at 14:00 UTC. BTCV, a cryptocurrency launched back in 2019, claims to have come up with a theft-proof security solution. According to its makers, Bitcoin Vault (BTCV) was developed as the ultimate coin for the crypto enthusiast, […]
Algorand (ALGO) is now bringing music to the booming DeFi industry
The high-speed blockchain will be used to power an upcoming platform that connects investors with music artists. Turning to Algorand The Algorand blockchain will be utilized on Opulous, an upcoming music service and payments protocol, CryptoSlate learned in a release today. Opulous is a peer-to-peer platform to help increase artists’ access to capital without the […]