Uniswap is one of the biggest trading protocols in the world. It is a decentralized finance protocol that is used to exchange cryptocurrencies. Uniswap has become the first decentralized protocol to surpass $1 billion in fees for liquidity protocol. The firm has various factors which have now led to its
Poly Network losses over $600 million on August 10. The assets stolen includes ETH, DAI, UNI, SHIB, FEI, and many more. Poly Network, the decentralized finance (DeFi) project, losses over $600 million on August 10, 2021. Important Notice:We are sorry to announce that #PolyNetwork was attacked on @BinanceChain @ethereum and
Bitcoin (BTC) has become a breakout star in Ethereum decentralized finance (DeFi) moment. The digital asset combines the advantages of both blockchains, bitcoin’s market value, and brand in conjunction with Ethereum’s programmability, into a very demanding token in the form of wrapped or tokenized bitcoin. It offers liquidity on Ethereum
Centrifuge and MakerDAO are continuing with their collaboration. Allow borrowing more than 40M DAI along with physical world collateral. Aos agreed to repay users of two types of tokens related to the Vault. Centrifuge, decentralized asset finance, and the MakerDAO community are continues collaboration, building a bridge between DeFi lending
These DeFi tokens are scheduled for the month of August. Such progress might also affect its Price. Algorand (ALGO) Current Price: $0.84 Market Cap: $2.651 Billion Market Cap Rank: #38 Algorand is a decentralized network aimed at accelerating the interchange of traditional and decentralized financial industries. Thus, this is achieved
As always there still persists a certain group of people in the world who are totally against the concept of cryptocurrency in many terms. They tend to always put forth allegations speculated upon the industry. Yet, with the impeccable growth of the crypto industry in the past decade and the
Saber has received $7.7 million in a seeding fund round and is valued at $185.77 million. Thus, making it the second most valuable platform on Solana. Last month, the platform went live, allowing for the cross-chain trading of stablecoins and wrapped resources. Saber Labs, the company that developed Saber, announced
The late spring of 2020 became famous as the DeFi summer for the crypto group with a solid flood in the decentralized finance (DeFi) tokens. Presently, the late spring of 2021 will become well known as the NFT gaming market. As of now, the NFT Gaming market is combating out
A decentralized application, EthSign is the one that captures signed electronic documents on the Ethereum blockchain. The Singapore-based startup has brought in $650,000 up in a financing round. It was driven by funding firm Draper Associates. Signing contracts is quite unavoidable with regards to the job, leasing a condo, and
Goldman Sachs is a major investment bank and financial services firm that provides investment management, securities, and asset management services. Lately, the investment bank focuses on DeFi and Ethereum. Significantly, the firm has filed for DeFi ETF linked to public companies in the sector, according to the SEC. ETFs hold
