A new scheme from Reality Gaming Group is offering NFT trading cards from Doctor Who: Worlds Apart as an incentive to liquidity providers. The decentralized finance craze has provided endless opportunities for token holders to farm yield through staking their assets in a wide variety of liquidity pools. But for those who yearn for something…
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Experts weigh in on the main events from 2020 that impacted Bitcoin’s price the most. From the COVID-19 pandemic to mass-scale money printing and social unrest, 2020 was a wild year. Alongside a barrage of newsworthy events, Bitcoin (BTC) also turned in a standout year in the price category, ultimately rising from $3,600 to past…
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Bitcoin price quickly rallied back to $40,000 but key derivatives indicators show traders are happily flirting with overbought levels. Bitcoin (BTC) price recovered by 27% just three days after testing the $31,000 support and earlier today bull recaptured the $40,000 level. This quick recovery occurred despite the digital asset facing one of the largest buy-side…
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The Iron Bank feature will allow protocols to borrow funds without posting collateral. The Cream Finance project, a lending protocol that recently merged into the Yearn ecosystem, announced the upcoming launch of its Iron Bank feature, a name inspired by the once-popular TV show Game Of Thrones. Cream’s Iron Bank is an attempt to create…
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A DeFi dev’s vent highlights why traditional investment has its merits. Finance Redefined is Cointelegraph’s newsletter focusing on the latest events and trends of DeFi, delivered to subscribers every Wednesday. This week I wanted to highlight Andre Cronje’s recent confession on Medium, which triggered a fair bit of discussion and quite a bit of salt…
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Brooks is optimistic that regulators will find it easier to work with algorithms than with bankers. In an opinion piece published in the Financial Times on Tuesday, Acting Comptroller of the Currency Brian Brooks put forward the need to reconfigure banking regulations for an age of algorithms. Brooks, who currently leads the Treasury’s Office of…
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Nexus Mutual is now allowing users to cover their centralized exchange accounts. Decentralized finance coverage protocol Nexus Mutual has expanded the list of centralized exchanges eligible for incident protection. Users trading on Binance, Kraken, Coinbase and Gemini are now able to buy protection in the event of an exchange hack or prolonged withdrawal downtime. The…
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The DeFi sector is booming again and the need for fast, scalable, Ethereum alternatives has sent Solana (SOL) trading volume to record-highs. 2021 got off to a quick start and the current crypto bull market has seen assets like Bitcoin (BTC) and Ether (ETH) shoot to new all-time highs on an almost daily basis. While…
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In a reveal that set cryptotwitter ablaze, Sushiswap lays the foundation for a strong 2021 After a wild, up-and-down 2020 that saw Sushiswap become the largest decentralized exchange (DEX) by liquidity at two different points, the decentralized finance (DeFi) platform has released a wildly ambitious project roadmap for 2021. Key forthcoming developments include multiple examples…
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Warp Finance’s hack of $8 million could have been prevented with better oracles, the team says. Warp Finance, a DeFi lending protocol that suffered an $8 million flash loan exploit shortly after release, is now gearing up for a relaunch that will include an integration with oracles by Chainlink. The inclusion of Chainlink oracles reportedly…
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