DeFi’s first M&A deal? Yearn.Finance and Pickle Finance are set to merge

DeFi’s first M&A deal? Yearn.Finance and Pickle Finance are set to merge

Decentralized finance (DeFi) protocols Yearn.Finance and Pickle Finance are set to merge in what appears to be the first M&A agreement of the DeFi space. Announcing the merger on Tuesday, both teams behind the protocols said they would work together to leverage shared expertise and increase specialization. The actual merger would occur when the second version […]

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Investigating the Downfall of Cred Inc.

Investigating the Downfall of Cred Inc.

Quick Take Online cryptocurrency lending platform, Cred, abruptly filed for chapter 11 bankruptcy protection in Delaware on November 7th, 2020. Initially known as Libra Credit, the company raised $26.4M with the LBA Token ICO in May 2018, only for the token to lose over 96% of its value since then.  There is a lot of […]

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DeFi insurance protocol InsurAce raises $1 million backed by DeFiance, Huobi and Signum

DeFi insurance protocol InsurAce raises $1 million backed by DeFiance, Huobi and Signum

Decentralized insurance protocol InsurAce has raised $1 million in a seed funding round. The firm said in an announcement Tuesday that the round was led by DeFiance Capital, a crypto fund that’s focused on the decentralized finance space. Other investors that participated in the round include ParaFi Capital, Huobi DeFiLabs, Hashed, Signum Capital and Lunex […]

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XRP Price Analysis: Ripple Surges Another 25% Daily But Are Bulls Overextended?

XRP Price Analysis: Ripple Surges Another 25% Daily But Are Bulls Overextended?

XRP/USD – XRP Rampage Continues As Bulls Target $1 Key Support Levels: $0.65, $0.6, $0.55 Key Resistance Levels: $0.718, $0.75, $0.8, $0.85, $0.89. The unprecedented XRP rampage continued today with another 25.8% price surge allowing XRP to hit $0.69 at the time of writing. The cryptocurrency had actually pushed as high as $0.84 during today’s […]

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CryptoLocally Becomes the World’s First Fully Decentralized P2P Exchange

CryptoLocally Becomes the World’s First Fully Decentralized P2P Exchange

[PRESS RELEASE – Please See Disclaimer] CryptoLocally has recently announced the launch of GIVernance, making them the first fully decentralized peer-to-peer exchange in the world. This is another first from CryptoLocally which earlier became the first P2P crypto marketplace with a DeFi feature with its Finance Wallet. GIVernance invites GIV token holders to lead CryptoLocally’s […]

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XRP Price Climbed 123% in 30 Days, Spark Token Airdrop Pushes Value Higher

XRP Price Climbed 123% in 30 Days, Spark Token Airdrop Pushes Value Higher

During the course of the week digital currency markets have seen colossal gains and one crypto asset, in particular, XRP, has jumped significantly in value over the last seven days. The distributed ledger token XRP climbed 25% upwards on Tuesday alone, and seven-day price stats show the coin has gained 123% as well. At the […]

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