The exchange is hosted on a layer two platform and uses Dai for margin. Leverj, a non-custodial derivatives platform based on an Ethereum sidechain, announced on Tuesday their cooperation with leading industry participants to support the launch and marketing of its exchange. The exchange offers perpetual swaps for Bitcoin (BTC) and Ether (ETH), accepting both…
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The Technology Advisory Committee heard a briefing on DeFi’s functionality, as well as the pros and cons of holding programmers legally liable for bad usage. The Commodity Futures Trading Commission is trying to make heads or tails of the recent explosion in decentralized finance. On Monday, the CFTC’s Technology Advisory Committee hosted a presentation called…
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The CEO of Cardano developers IOHK sees a promising path towards DeFi adoption throughout the world’s second-most populous continent In one of his frequent Youtube missives to his following, CEO of IOHK — the developers behind the Cardano Blockchain — Charles Hoskinson revealed that the company’s long-term developmental focus will hinge on Africa, going so…
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Bondly will make a new version od its cryptocurrency, OTC platform BSwap, and e-commerce platform BONDProtect on Cardano. Decentralized e-commerce platform Bondly will be the first decentralized finance project to run on the Cardano blockchain as part of the platform’s roll-out of the Goguen smart contract functionality. In the Twitter announcement, the firm that built…
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Metamask is seeking to grow the $14 billion DeFi ecosystem by attracting institutional investors with a new wallet that could “run a professional DeFi trading desk.” Ethereum wallet MetaMask is seeking to attract institutional investors into the decentralized finance sector with the soon-to-be-launched institutional-grade version. The popular wallet, with more than 1 million monthly active…
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Beyond the obvious financial risks, there are a number of technical risks DeFi users should be aware of. A November report by data and research company BraveNewCoin has highlighted a number of serious ‘non-financial’ risks in decentralized finance. The financial risks involved with DeFi have been well documented, but the new report delves into more…
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Uniswap users can once again participate in DeFi privately. Uniswap serves as a massive player in the decentralized finance, or DeFi, niche of the crypto space. Incognito, a blockchain focusing on crypto privacy, has reopened pUniswap, a way to participate on Uniswap privately. “Uniswap, Ethereum’s largest DEX, just went Incognito. Again,” Incognito announced in a…
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Most major DeFi tokens will be available for trading on Eos. Eosfinex, the Bitfinex-backed noncustodial exchange running on the Eos network, announced the listing of more than 15 ERC-20 tokens, primarily consisting of governance tokens of major decentralized finance protocols on Ethereum. The listing is made possible by a collaboration with pNetwork, a crypto-asset wrapping…
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Slashing is one of the big risks of staking on ETH 2.0, find out how to avoid it. One of the most prominent figures in the decentralized finance community has suffered validator penalties on the Ethereum 2.0 network after a mishap with his DappNode’s power button. DeFi protocol Synthetix founder, Kain Warwick, reported on Twitter…
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He believes that rising adoption will drive Bitcoin higher next year, and that DeFi will have a similar effect on Ethereum. 2021 is shaping up to be a tremendous year not only for gold but for cryptocurrencies as well, according to Frank Holmes, CEO of U.S. Global Advisors. In a Monday interview with Kitco News,…
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