Tag: DeFi

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Binance Smart Chain, Animoca To Bet USD 200M On Crypto Gaming Startups

  Binance Smart Chain (BSC) has unveiled a USD 200m investment program developed in partnership with Animoca Brands, a company focused on non-fungible token (NFT) and gaming digital property rights – aiming to finance early-stage blockchain-based gaming startups. BSC is a blockchain network built for running smart contract-based applications, launched by major crypto exchange Binance. ……
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Value Locked in Defi Slips 5% in 24 Hours, AMM and Rebase Tokens Take Double-Digit Losses

Since mid-November the total value locked (TVL) in decentralized finance (defi) has slid from $257 billion to $250.55 billion and during the last 24 hours it lost a touch more than 5%. Over the last seven days, defi tokens like uniswap, pancakeswap, curve dao token, 1inch and sushi have lost anywhere between 15% to 23.9%…
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Over 80% of African Users on Mineplex Reportedly Interested in Buying Goods With Staked Crypto

A report says over 80% of African users on the Mineplex marketplace have shown an interest in the platform’s commodity staking program since launch. Zero Fee Alternative According to a recent study, over 80% of African users have taken part in the commodity staking program since its launch as a new product on the Mineplex…
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Crypto Exchanges in 2022: More Services, More Compliance, and Competition

  For many people, exchanges are pretty much the core of the crypto market and industry. They facilitate the all-important trades in the world’s virtual currencies, and by doing so, they reveal which are likely to become the biggest in the future…. Read More: Crypto Exchanges in 2022: More Services, More Compliance, and Competition  Read…
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Ethereum acts as a ‘hedge’ in Bitcoin price crash as ETH/BTC hits 3-year high

The second-largest cryptocurrency posts dwarfed losses compared to Bitcoin’s 21% price decline Saturday. Ethereum’s native token Ether (ETH) plunged alongside other cryptocurrencies on Dec. 4. Still, its move downside did not deter it from hitting a three-year high against Bitcoin (BTC), the world’s leading crypto by market capitalization. The ETH/BTC exchange rate jumped a little…
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BCH Ecosystem Gains New NFT and Dex Platforms, TVL in Smartbch Defi Climbs 180% in 30 Days

During the last few months, the Smartbch project has swelled with numerous projects, custom tokens, and the total-value locked (TVL) in five Smartbch decentralized exchange (dex) platforms has jumped more than 180% since November 3. Smartbch Defi TVL Climbs 180% in a Month — Bitcoin Cash Universe Now Has 5 Dex Platforms Eight months ago,…
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Elizabeth Warren Questions Bitcoin Miner, Post-Brexit Crypto Advantage + More News

  Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Elizabeth Warren Questions Bitcoin Miner, Post-Brexit Crypto Advantage + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Messari’s Selkis Names His Top ‘Narratives and investment Theses’ for 2022

  With less than one month left of the year, the CEO of crypto researcher Messari, Ryan Selkis, is once again out with his overview of nine major narratives and investment themes that are driving crypto adoption as we enter 2022. This year’s report follows a similar report from last year, where Selkis predicted, among…
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Finance Redefined: Two DeFi hacks top $120M, and $500M Algo Fund launches, Nov. 26–Dec. 3

MonoX and BadgerDAO suffer callous security attacks, Borderless Capital opens a $500-million fund to advance Algorand’s ecosystem, and Iota is to launch Assembly in early 2022 — all coming to you in this week’s Finance Redefined. Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter. A week packed with positive advancements in the DeFi…
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Largest DeFi Hack Yet? BadgerDAO Hack Results In Loss Of $120M+

There are high ceilings and low floors when it comes to crypto at times. Another hack came to life this week, and early reports have stated that the hack was a front-end compromise that led to users being tricked into approving unwanted transactions. The news comes after a $35M DeFi hack of the Vee Finance…
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