DeFi Archives - Free Bitcoin Earning Sites

CMS Trading leads $1.3 million fundraise for Ethereum-Polkadot bridge

January 27, 2021 Blockchain, DeFi, ETH, Ethereum, polkadot, Projects Eddy 0

ParaState — a project that offers Ethereum developers access to the Polkadot blockchain — has raised $1.3 million in a seed fundraising round, the firm told The Block. Led by CMS Trading, the funding round included participation from Kenetic Capital, FBG Capital, and JRR Capital, according to a press statement. The firm raised at a […]

Second-Generation Lending Protocol Lendefi Is Coming for Compound’s Crown

January 27, 2021 compound, DeFi, Lendefi, lending, Press release Eddy 0

PRESS RELEASE. Lendefi is a brand-new protocol aiming to provide opportunities such as lending and borrowing, leveraging and investing. Lendefi is an innovative second-generation DeFi lending protocol that allows lenders to earn interest on stablecoin deposits, and for borrowers to obtain undercollateralized loans (UCLs) to invest in popular digital assets. The main advantage of Lendefi […]

TomoChain Launches LuaSwap: Attempts to Fight High ETH Gas Fees

January 27, 2021 AA News, Crypto News, DeFi, ETHBTC, Ethereum, ETHUSD Eddy 0

Ever since last summer, the DeFi space is booming. The total value locked in various protocols has surged to more than $24 billion, up some 4000% in less than a year. But there’s one challenge that many believe is hampering the further growth of the space – sky-high ETH gas fees. The Booming DeFi Space […]

These Ethereum DeFi tokens have 100x potential, according to Lark Davis

January 27, 2021 aave, BadgerDAO, Curve, DeFi, ETH, Ethereum, Loopring, News, REN Eddy 0

Ethereum DeFi token with a market cap of less than $200 million could rise up to 100 times, according to Lark Davis. According to the YouTuber, the lending protocol Aave has the strongest fundamentals in the DeFi sector. Crypto trader and influencer Lark Davis has released another video for investors looking to make “real gains.” […]

Futureswap: an AMM for perpetual swaps

January 27, 2021 DeFi, DEX, Ethereum, Futureswap, Perpetual Swaps Eddy 0

Quick Take Futureswap is a protocol for perpetual swaps that combines an automated market maker (AMM) with funding rate payments. FST tokens are currently being distributed to traders and liquidity providers — or about 0.04% of the supply per day. Futureswap has immediately seen some trading interest with volumes at ~$30 million per day over […]

DeFi Trading Platform dYdX Raises $10m in Latest Seed Round

January 27, 2021 AA News, Crypto News, DeFi Eddy 0

Venture capital coin is flowing into DeFi like never before as another trading platform hits its target for fundraising. The non-custodial Ethereum-based exchange dYdX has announced that it has raised a $10 million Series B round led by Three Arrows Capital and DeFiance Capital. New investors include Wintermute, Hashed, GSR, SCP, Scalar Capital, Spartan Group, […]

Is DeFi back? Crypto OTC desks report rebound in interest

January 27, 2021 DeFi, DEX, OTC, trading firms Eddy 0

Quick Take Large trading desks say DeFi is making a comeback. The numbers back support that argument: DEX volumes and popular governance coin prices are both trending up. This feature story is available to subscribers of The Block Daily. You can continue reading this Daily feature on The Block.

Decentralized derivatives exchange dYdX raises $10 million in Series B

January 26, 2021 Decentralized exchanges, DeFi, DEX, Dydx, Ethereum, funding rounds, series b, Three Arrows Capital Eddy 0

Decentralized derivatives exchange dYdX has raised $10 million in Series B funding. Announcing the news on Tuesday, dYdX said the round was led by Three Arrows Capital and DeFiance Capital, with participation from Wintermute, GSR, Scalar Capital, and others. Existing investors, including a16z and Polychain Capital, also backed the round. With fresh capital at hand, […]

Ethereum (ETH) approaches its ATH as on-chain data suggests continued uptrend

January 25, 2021 DeFi, ETH, Ethereum, News Eddy 0

An increased outflow of Ethereum reserves from exchanges suggests that the ETH price could double in the short term. DeFi sector governance tokens could offer the highest profit opportunities. Close to retaking its all-time high, Ethereum‘s price has outperformed Bitcoin recently. Therefore, analysts are bullish while the indicators point to an extension of the uptrend […]

Ethereum ATH Pushes Staked ETH to $4 Billion, Novogratz Targets $2,600

January 25, 2021 AA News, Crypto News, DeFi, ETHBTC, Ethereum, Ethereum (ETH) Price, ETHUSD Eddy 0

Ethereum prices reached their highest ever levels during Monday morning’s Asian trading session, coming just shy of $1,500. Bigger price predictions have been made by some of the industry’s top players. A few hours ago, several exchanges including Binance reported their highest ETH prices at around $1,475 but the asset has retreated a little since […]

Tag: DeFi