Tag: DeFi News

Polkadot Launches DeFi Token POLS and Cross-chain DEX

Ethereum rivaling blockchain Polkadot is jumping aboard the DeFi bandwagon with the launch of its own decentralized exchange and governance token. The recently announced Polkastarter will be listed on Uniswap today, 13.00 UTC September 29, as an ERC-20 token called POLS. The concept is to create an interoperable decentralized exchange to the Polkadot ecosystem, however […]

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Lightning Vs WBTC, Is It Game Over For Bitcoin Lightning Network?

Lightning Network that was launched with the hope of enabling instant payments and scaling Bitcoin to handle millions to billion of transactions per second across the network. However, currently the Lightning Network appeared to be losing pace, especially when compared to Wrapped Bitcoin.  Lightning vs WBTC The total value of Bitcoin locked in Ethereum via […]

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PancakeSwap Dominating Binance Smart Chain, Reveals Stablecoin Venus Protocol

The recently launched DeFi food farming platform, PancakeSwap, appeared to be dominating token stats on Binance’s DeFi platform. This was first revealed by CZ, the CEO of the cryptocurrency platform himself, who tweeted a screenshot of the protocol’s native token CAKE ranking at the top in all the three charts for unique senders, unique receivers as well […]

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Binance Adds Venus Protocol [XVS] to Its DeFi Platform

Cryptocurrency exchange, Binance announced the addition of a new project called Venus Protocol [XVS], which is dubbed as a money market and stablecoin DeFi platform on Binance Smart Chain. With this, Venus becomes the fourth project on Binance Launchpool. The official blog post read, “Users will be able to stake their BNB, BUSD and SXP tokens into […]

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Aave Technical Analysis: LEND Flashing Sell Signals, Downside Eyes $0.5

Aave is on the verge of a descending wedge breakdown, emphasizing the bearish grip. LEND/USD to seek support at the 50 EMA and the range between $0.50 and $0.45 if selling pressure mounts. Aave currently holds the third position in decentralized finance (DeFi) as far as the total value locked is concerned. Data by DeFi […]

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Aave Proposes to Migrate LEND Fully to New Token AAVE on New Governance Platform

Aave Proposes to Migrate LEND Fully to New Token AAVE on New Governance Platform

Leading DeFi protocol Aave launched the mainnet of its governance platform on September 26 as it takes a step further towards fully embracing decentralization and community governance. With the release of Aave Governance’s mainnet, the Aave team has also finally unveiled its very first, official Aave Improvement Proposals (AIP) for voting. Aave users will vote […]

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Uniswap Updates: New Widget Allows Users to Trade on Twitter via Uniswap & Is Uniswap Truly Decentralized?

Uniswap Updates: New Widget Allows Users to Trade on Twitter via Uniswap & Is Uniswap Truly Decentralized?

Uniswap has become the DeFi platform to beat in recent months, and its namesake UNI token is one of the most covetable crypto assets this year since its launch a little over a week ago. With this in mind, Maskbook (Mask Network), unveiled an innovative trading widget which allows Twitter users to view token data […]

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Crypto Custody Firm Anchorage Offers Support for 5 More DeFi Tokens

Crypto Custody Firm Anchorage Offers Support for 5 More DeFi Tokens

Anchorage, which specializes in digital assets custodial services, is taking on some of the larger DeFi tokens in the market currently, including Aave (LEND), Balancer (BAL), yearn.finance (YFI), Nexus Mutual (NXM) and of course, the recently launched Uniswap token, UNI. These offerings add onto the portfolio that Anchorage has already established with regards to DeFi, […]

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