A new DeFi and enterprise blockchain app protocol, AVA Labs, will distribute 2 million tokens in a final testnet before mainnet launch in summer. AVA Labs, a blockchain protocol founded by Cornell’s Emin Gün Sirer, is planning to distribute 2 million tokens in its final testnet before the project’s full launch in summer. The so-called…
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The price of Maker has surged 30% in less than one hour following news of forthcoming listings on Coinbase Pro. Support for Maker (MKR), the token underpinning the leading decentralized finance, or DeFi, protocol MakerDAO, is set to launch on Coinbase Pro on June 8. The U.S.-based cryptocurrency exchange announced the forthcoming listing on May…
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Celsius users can now purchase Tether Gold via credit and debit cards with a minimum purchase amount of $50. Celsius Network is expanding its partnership with fiat-to-crypto payments provider, Simplex, by enabling its users to buy more crypto with credit and debit cards. Celsius, a major crypto lending startup, now allows its users to purchase…
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Let’s take a look at some of the possible use cases for crypto and blockchain in the forthcoming years and decades. Surely though, there is much more to come. Over the last decade, we have witnessed the massive development of crypto. Formerly a geeky trend, crypto was once a questionable and not easily understandable invention…
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Swiss DeFi startup Eidoo partners with principal member of Visa Europe to issue a new Visa crypto debit card. Cryptocurrencies like Bitcoin (BTC) aren’t really easy to spend in day-to-day life, mainly because retailers prefer to stay away from crypto’s volatility. In order to build a bridge between traditional finance and emergent assets like Bitcoin,…
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Chainlink’s decentralized price oracles will be used as an “anchor” by the forthcoming derivatives exchange Digitex Futures to protect traders against slippage. Forthcoming Seychelles-based crypto derivatives trading exchange Digitex Futures has announced it will integrate Chainlink’s (LINK) decentralized price reference contracts on its platform. Chainlink’s decentralized price oracles are typically utilized by decentralized finance (DeFi)…
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Blockchain intelligence firm asserts that stablecoins are not a replacement of the dollar, instead they present a censorship resistance alternative to fiat. The latest research from Flipside Crypto purports to disprove Tim Draper’s assumption that the advancements in DeFi will displace the U.S. dollar as the world’s reserve currency. The report starts off by quoting…
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After surpassing 50,000 BTC in user deposits, Celsius’ CEO told Cointelegraph that the DeFi app has fallen short on its goals for adoption among smaller users. Earlier this month, pioneering decentralized finance (DeFi) lending application Celsius surpassed 50,000 in total Bitcoin (BTC) deposited to the platform. In an interview with Cointelegraph, Celsius founder and VoIP…
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Blockchain banking app, Bitwala, has integrated with DeFi app Celsius to offer interest to Bitcoin hodlers. German blockchain banking firm Bitwala has partnered with pioneering decentralized finance, or DeFi, platform Celsius to offer annual interest on Bitcoin (BTC) holdings of up to 4%. Funds deposited from customers who opt to use Bitwala’s Bitcoin Interest Account…
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Despite heavy losses in VC funding across the crypto sector at large, DeFi lending firms saw a more than 50% increase in fundraising during April. A report published by venture capital research firm, Ana.vc, has revealed a 57% decline in crypto funding from VCs over the month of April. Despite the decline in overall investment,…
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