Sky high gas prices may make synths more costly than the real thing. Decentralized finance protocol Kwenta has launched a series of synthetic tokens for popular stocks — but current gas prices could make trading them more expensive than buying the real thing. In a blog post on April 23, derivatives trading protocol Kwenta —an…
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Hodling can be a nerve-wracking experience — and if crypto is left to languish in a cold wallet for several years, it can also end up being an unrewarding one. What legal safeguards should you look for? Working with a licensed crypto company offers clients legal rights and helps ensure that they don’t run into…
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Thomas Farley said traditional Wall Street banks made the Coinbase stock listing and innovations in crypto possible by largely ignoring the industry. Thomas Farley, president of the New York Stock Exchange, said the world of finance was “past the point of no return” on crypto following Coinbase’s public listing last week. In an interview with…
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Solana price is pushing toward new highs as an increasing number of DApps, DeFi projects and stablecoins build platforms on the network. The arrival of institutional investors and the rise of decentralized finance (DeFi) has been an incredible boon for the entire cryptocurrency sector but it has also highlighted a number of persistent limitations that…
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A new generation of crypto investors get taken for a ride as Aave makes some puzzling moves. Loyal Finance Redefined readers: Hi, I’m Andrew. My inestimable colleague Andrey, the previous compiler of this newsletter, is stepping away from Cointelegraph in order to build [REDACTED], leaving me to take over lettering the news. While I’m thrilled…
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The world’s leading DEX has taken a big step toward launching its third iteration by deploying its contracts to all four of Ethereum’s testnets. Leading decentralized exchange Uniswap has taken a step closer to launching its highly anticipated “V3” iteration, announcing the successful deployment of V3’s smart contracts to all Ethereum test networks. In an…
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The new liquidation engine has been designed to offer Maker’s users greater predictability and security. Decentralized lending and stablecoin protocol MakerDAO has opened governance voting to allow new tokens as collateral. A number of new collateral types have been proposed for MakerDAO, potentially increasing the number of digital assets that can now be used to…
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Hegic will reward long-term traders, LPs, hodlers, and Discord users with its forthcoming governance token. Decentralized finance protocol Hegic has announced a soft governance launch designed to reward its long-term users. According to an April 19 announcement, Hegic intends to reward its most loyal users with its new gHEGIC governance token, straying from the public…
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With a new security campaign, Cream Finance looks to minimize vulnerabilities. Decentralized lending protocol Cream Finance is backing another major effort to improve the security of decentralized finance. On Tuesday, Cream Finance announced a new security campaign in collaboration with several DeFi platforms like Immunefi, Armor.fi and DeFiSafety to bring stronger security to its protocol…
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Deutsche Telekom has become the first telecom firm to join the Celo Alliance for Prosperity. Deutsche Telekom, one of the largest telecom providers in Europe, has invested in blockchain payments platform Celo to support the development of decentralized finance. The telecom giant has made a “significant purchase” of Celo’s native token CELO through its strategic…
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