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Oikos to Enable End-to-End Decentralized Reward Distribution via Chainlink Keepers
26.4.2022
Chainlink Keeper comes to the assistance when a client seeks to avail of smart contract options in a trust minimized manner, which is decentralized. Maintenance tasks for the Chainlink Keeper network relate to Liquidating and Harvesting, among many others. Another way to look at Chainlink Keeper...
USDC Could Topple USDT From Top as Institutions Favor It
25.4.2022
Stablecoins are an integral part of the crypto market as they are the haven that protects them from dangers like high volatility. As per the reports from Huobi, stablecoins have been more than just a hedging tool and helped bring more assets into DeFi lately. They have greatly accelerated...
Yeti Posts $500 Million TVL in 24 Hours After Launch on Avalanche
20.4.2022
DeFi has grown large enough to offer everything a traditional finance firm could offer in the last few years. The DeFi borrowing protocol is the recent addition to this list and brings tonnes of benefits one can only seem of in TradFi. Yet is one such borrowing protocol built in the Avalanche...
IMF’s DeFi Governance Recommendations Include These Two Steps
19.4.2022
The International Monetary Fund (IMF) has proposed a series of measures aimed at regulating the decentralized finance (DeFi) sector.
The body spelled out its preliminary recommendations in the latest chapter of its Global Financial Stability report, which is entitled “The Rapid Growth...
Lazarus Gets Banned by Tornado Cash for Hacking $600 Million From Axie Infinity’s Ronin Bridge
19.4.2022
Tornado Cash is a decentralized protocol that allows users to have a private Ethereum transaction on the network. Tornado Cash breaks the on-chain link between the source address and the destination address to keep transactions private. A smart contract is deployed to execute the private...
SEC Faces Storm of Criticism from Crypto Sector, Lawmakers over ‘Exchange’ Re-definition Plans
19.4.2022
The United States Securities Exchange Commission (SEC) and its Chairman Gary Gensler have received a slew of letters from pressure groups and parliamentarians voicing their concerns about proposed amendments to the Exchange Act, established in the 1930s. The agency plans to expand the legal...
'Crypto is Dead. Long live Crypto': Veteran DeFi Developer Andre Cronje Urges More Regulation
18.4.2022
“Crypto is dead. Long live Crypto,” the veteran decentralized finance (DeFi) developer and creator of early DeFi protocol Yearn.Finance (YFI), Andre Cronje, opened a new blog post by saying. He went on to argue that more regulation is needed in the space in which he might have earned significant...
Allbridge Introduces DeFi to the XRP Ledger
15.4.2022
DeFi is based on open-source technology for the generation that thrives on the internet on the go. It brings together the world of finance and decentralization to give more control & visibility to users over their money. The global decentralized financial system allows users to trade, save,...
North Korea’s Lazarus Group Behind Axie Infinity's Ronin Hack, Say US Treasury, FBI
15.4.2022
The United States Treasury Department has sanctioned an ethereum (ETH) address that it says received coins stolen in the Ronin Bridge hack – and the FBI has claimed that the North Korean Lazarus group of hackers was behind the security breach....
Read More: North Korea’s Lazarus Group Behind...
Notional Finance Will Now Support Its Fixed Rate Collateralization Calculation With Chainlink Price Feeds
14.4.2022
DeFi is short for Decentralized Finance. It takes inspiration from the blockchain technology and its emerging nature of connecting two individuals directly without involving any third party. Technically speaking, DeFi is a peer-to-peer financial service. Functions of DeFi involve enabling users...
Major Fintech Firm FIS Partners with Fireblocks to Bring DeFi and Crypto to Institutions
13.4.2022
The digital asset platform Fireblocks is partnering with the US-based publicly listed fintech firm FIS to bring a range of new enterprise-grade solutions from the world of decentralized finance (DeFi) and crypto trading and staking to its client base, the two companies announced today....
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Everything You Need to Know About Choosing a Secure DeFi Wallet
13.4.2022
When Satoshi Nakamoto came up with the paper for Bitcoin in the year 2008, no one would have imagined that it would take the world by a storm in the way that it has already. While Bitcoin has become one of the most valuable and fastest-growing assets to invest in, blockchain technology has given...
Maker Registers Entry to Maple to Scale DAI’s Economy
13.4.2022
The Ethereum-based lending platform Maple has signed a partnership with MakerDAO to scale the new DAI coins. Maker believes it can find a long-term solution for scalability in Maple through collateral sources like Real World Assets and the Direct Deposit Module. This strategic integration will...
EMDX to Use Matba Rofex ChainLink Nodes for Secure Price Feeds
12.4.2022
The need for oracle solutions has become significant in the DeFi sector. DEX projects have started to opt for these solutions as they bring down risks in securing third-party data packs and prove feeds. ChainLink has been making some big moves among oracle solutions by becoming the most...
Plasma.Finance and Socket Enter a Partnership
11.4.2022
The month has been hectic for Plasma.Finance, as the platform continuously released its new updates. The DeFi platform has established a partnership with Socket to unify its ecosystem. Besides this, Plasma.Finance will also collaborate to promote the seamless transfer of data and assets across...
BSCStation Strategically Partners with Biswap Enter
7.4.2022
According to market experts, Biswap is considered the first DEX that offers a three-type referral system with relatively reduced transaction costs at a throwaway of 0.1 % transaction fees. Biswap is home to a massive ecosystem that extends a wide spectrum of DeFi services such as NFT Marketplace...
DeFi and Blockchain 'Are Real' - JPMorgan CEO
6.4.2022
Wall Street investment bank JPMorgan is persuaded that decentralized finance (DeFi) and blockchain technology bring major growth potential, and is determined to remain “at the forefront of this innovation,” Jamie Dimon, the bank’s Chairman and CEO, wrote in his latest letter to the company's...
DeFi Could Rely On CBDC, But More Bridges With Centralized Finance Are Needed - Expert Panel
5.4.2022
As decentralized finance (DeFi) and central banking share a number of objectives, building bridges between decentralized and centralized finance (CeFi) could open up new possibilities for the use of central bank digital currencies (CBDCs) , according to the participants of a debate held by...
Polyastic and PolyDoge Enter a Strategic Partnership
5.4.2022
Exciting times are ahead with the announcement made by Polyastic of its strategic partnership with PolyDoge! The Internet universe may think that PolyDoge is an ordinary meme token, but it’s much more than that. PolyDoge is a cutting-edge DeFi gaming and utility token that is entirely...
DeFi ‘Crucial’ for Financial Inclusion, CBDCs Still Welcome Despite Being Centralized
4.4.2022
Decentralized finance (DeFi) protocols are “crucial” for financial inclusion, particularly in the developing world. And despite being inherently centralized, central bank digital currencies (CBDCs) are a welcome part of that, said the participants at a discussion hosted by the Bank...