Discover five platforms — Aave, Compound, MakerDAO, dYdX and Fulcrum — that are transforming lending and borrowing through decentralization. Peer-to-peer (P2P) lending, which links borrowers and investors directly, has become a well-liked substitute for traditional banking. P2P lending networks enable decentralized lending, in which people can borrow money from other people or institutions directly without…
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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: Today in Crypto: Swift Sees ‘Clear Potential and Value’ in CBDCs, Whitehat Hackers Interested in Ethereum & Solana, Safeheron Says Multisig Wallets & Dapps are Vulnerable, Gate.io Plans Visa Crypto Debit…
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As investors and traders eagerly await the outcome of the Federal Reserve’s first FOMC meeting for the year, most analysts anticipate Chairman Jerome Powell will announce a 25 basis point interest rate hike. … Read More: Best Crypto to Buy Today 1 February – MEMAG, DYDX, FGHT, FTM, CCHG Read more »Sign up for e-EUR –…
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Derivatives played a major role in the last bull market and it’s highly likely that they will be integral in the market’s evolution in 2023. Futures and options let traders put down only a tiny portion of a trade’s value and bet that prices will go up or down to a certain point within a…
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Eight, a cryptocurrency consultancy founded by Michaël van de Poppe in 2018, has uncovered the best altcoins that can benefit from FTX’s demise. According to analysts, recent events are promoting a narrative that is strongly associated with decentralization. Following the FTX news, leading hardware wallet manufacturer Trezor and Ledger reported skyrocketing and record-breaking sales. This…
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The prompt cancellation comes after strong community pushback relating to the requirement of a facial recognition scan in order to receive the deposit bonus. Decentralized crypto derivatives exchange dYdX says it has ended its short-lived and contentious $25 first deposit bonus promo amid a wave of backlash over its facial recognition requirements for new users.…
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“No matter the cause, this is an absolutely horrible idea and you should walk this back immediately,” said Adam Cochran, a general partner at Cinneamhain Ventures. Many users on social media have been lambasting decentralized exchange dYdX over the identification verification process to receive a sign up and deposit bonus of $25. In a Wednesday…
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“Derivatives provide opportunities to protect their portfolios during times of heightened market volatility,” says Emerson Li, brand lead at BingX. The 2022 cryptocurrency bear market has been the worst on record as most Bitcoin traders are underwater and continue to sell at a loss. In response to the rapid decline of token prices, some investors…
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The protocol chose Cosmos as the best fit as it would not only need decentralization but also the ability to handle and scale 1,000 orders per second. On Thursday, crypto derivatives platform dYdX, which is currently built on Ethereum layer 2, announced that it would be moving to a standalone blockchain based on the Cosmos…
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Perpetual contract trading platform dYdX has launched an app for users outside of the U.S. that will offer the same functionality as its website. Crypto derivatives trading platform dYdX has officially launched an app via Apple’s iOS store, joining just a select number of fellow decentralized finance (DeFi) protocols that have built apps for smartphone…
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