June 11, 2020

Daily Archives

Latest news

  • High-fee Balancer Pools for Swing Trading

    Balancer pools are essentially self-balancing index funds that are continuously rebalanced. This rebalancing happens through arbitrageurs who are incentivized to trade with pools, and by doing that they sync the pool prices with those on the external market.Instead of investors in conventional index funds paying fees for managers to actively rebalance the funds, Balancer pools accrue fees for liquidity providers. Every time someone trades with a Balancer pool, a small fee is charged. If the pric… … More

  • Decentralized Finance (DeFi) Trends

    Decentralized Finance (DeFi) has become an exciting, highly valued movement in the blockchain space, with impressive innovation and growing traction over the last two years. In February, the Total Value Locked (TVL) in DeFi projects passed $1 billion for the first time. The value pulled back the following month, but DeFi TVL is now again flirting with that milestone. While $1B is a relatively modest amount by conventional financial sector standards, decentralized technologies clearly have the p… … More

  • How much do crypto gamers make?

    Level up your open finance game three times a week. Subscribe to the Bankless program below.Subscribe nowDear Crypto Natives,Once upon a time this little kitty sold for $170k. a.image2.image-link.image2-548-1456 { padding-bottom: 37.637362637362635%; padding-bottom: min(37.637362637362635%, 548px); width: 100%; height: 0; } a.image2.image-link.image2-548-1456 img { max-width: 1456px; m… … More

  • Curve Finance Integrates RenVM for Bitcoin Liquidity Pools

    Curve – a sector-rising liquidity aggregator – has just unveiled support for Ren and their newly launch RenVM. Curve Finance Integrates RenVM
    1⃣ Earn yield with your BTC 2⃣ Seamless BTC to WBTC on-ramp3⃣ Build new financial products with the renBTC <> WBTC liquidity [email protected] @WrappedBTC #RenVM #DeFi $BTC $renBTC $WBTChttps://t.co/F4U02piZX0
    — Ren (@renprotocol) June 11, 2020 For those unfamiliar with Curve Finance, the project has solidifie… … More

  • USDC Draws Support from Seven New Companies, Consolidates Market Cap Above $700M

    Seven new companies announced support for USD Coin (USDC) in recent weeks, continuing to fuel already-broad demand for USDC across payments, commerce and finance use cases.The new supporters — BiKi, Bittrex Global, Bitwage, Gilded Finance, Mercado Bitcoin, PayTrie and Travala — join the hundreds of exchanges, protocols, platforms, applications, wallets, and service providers that are part of the USDC ecosystem.BiKi.com is a global cryptocurrency exchange dedicated to providing safe, reliable and… … More

  • 4 Ways Blockchain Technology Simplifies Syndicated Loans

    How blockchain solves for specific challenges in the syndicated loans market.Every year, global capital markets handle billions of dollars in syndicated loans. The large size of these loans requires the involvement of many banks and financial entities, resulting in increased liability and cost from manual stakeholder coordination. Blockchain-enabled digitization and standardization provides solutions unique to the problems faced by the syndicated loans market.Streamlined Issuance, Servicing, and… … More

  • Maker (MKR) is now available on Coinbase

    Starting today, Coinbase supports Maker (MKR) at Coinbase.com and in the Coinbase Android and iOS apps. Coinbase customers can now buy, sell, convert, send, receive, or store MKR. MKR will be available in all Coinbase-supported regions, with the exception of New York State.Maker (MKR)Maker is an ERC20 token that describes itself as “a utility token, governance token, and recapitalization resource of the Maker system.” The purpose of the Maker system is to manage another Ethereum token, the DAI s… … More

  • Balancer’s BAL Shows How Tokens Can Supercharge DeFi Protocols

    Hello Defiers! Here’s what’s happening:Balancer’s BAL shows tokens can supercharge growth —COMP is nextOne Ethereum user paid $2.6M in fees on two separate transactionsNexus Mutual cover spikes to a record highand more.If you’re receiving this email, that means you’re a paid subscriber of The Defiant, (thank you!) You’re getting the full content of this… Read more… … More

  • Facial Recognition Technology Is Coming Under Fire

    To investors,The use of facial recognition technology by the police has come under fire this week. IBM CEO Arvind Krishna announced that they are going to stop developing general purpose facial recognition and analysis software products. He also asked Congress to make a number of specific policy changes that are intended to increase race equality in the… Read more … … More