Liquidity Protocol, which provides interest-free borrowing on the Ethereum network, plans to expand its ecosystem and hire more resources following the latest funding round. DeFi lending platform Liquidity Protocol has secured $6 million in Series A funding to expand its on-chain borrowing services, underscoring the continued growth of cryptocurrency loans. The funding round was led…
Read more
Flamingo’s total value locked continues to rise as DeFi investors are attracted to the platform’s zero-fee transactions and high-yield liquidity pools. Yield farming has grown in popularity over the past year alongside the rise of decentralized finance, but recently the ability to earn a good return has been limited by the high transaction costs on…
Read more
PancakeSwap has emerged as one of the top DeFi platforms and its Binance Smart Chain integration makes it a liquidity magnet against competitors like Uniswap and SushiSwap. Decentralized finance has taken a back seat to nonfungible tokens over the past month but this hasn’t stopped the top DeFi projects from developing and strategizing how to…
Read more
What do you get when you cross a cat, a Pokemon, and an Iron Age warrior? A venture capital fund, of course! One of the toughest puzzles in crypto is figuring out what to take seriously. On Friday, the DeFi Alliance — a decentralized finance startup incubator and accelerator — announced a list of 11…
Read more
WINk’s low-cost yield farming offerings are attracting retail DeFi investors who have been priced out of Uniswap due to high Ethereum gas costs. Decentralized finance has exploded in popularity over the past year and many analysts have pointed to the 2020 ‘summer of DeFi’ as the primary catalyst for the rallies seen in Ether (ETH) and…
Read more
Liquidity mining is a marked and significant improvement over the investment mechanisms of ICOs, but is it here to stay? By the end of 2018, many crypto skeptics had their “I told you so” moment, as many initial coin offerings, or ICOs, failed to deliver on their promises. Between 2017 and 2018, 3,250 projects were…
Read more
Orion Protocol has rallied 730% since February to hit a $500 million market cap, but what’s really behind the recent gains? As the decentralized finance (DeFi) industry grows, new exchanges and liquidity pools constantly emerge. For the average investor, keeping track of all of them and finding the best yield opportunities has become increasingly complicated.…
Read more
SushiSwap wants to offer a wider net of margin assets than independent DeFi lending platforms. Decentralized exchange SushiSwap has announced the “rolling release” of Kashi, a specialized lending platform specifically designed for margin trading on the exchange, and BentoBox, a dual-purpose yield vault. Kashi aims to let traders borrow assets for creating leveraged long and…
Read more
The crypto exchange said the new open-source public blockchain was aimed at “payments, DeFi and NFTs.” Cryptocurrency exchange Crypto.com has launched a fully decentralized open-source public blockchain, the Crypto.org Chain. In an announcement today, the crypto exchange said it had launched its Crypto.org public blockchain after more than two years of research and development, two…
Read more
Pro traders and analysts view Bitcoin’s dip below $54,000 as another bullish buy-the-dip opportunity. On March 23 bears managed to push the price of Bitcoin (BTC) below the $54,000 support level as various on-chain data suggests that whale wallets have begun slowing down purchases and are transferring the risk to retail investors. Data from Cointelegraph…
Read more
