Ribbon Finance has just launched to mainnet in a bid to bring structured products to DeFi and eliminate what it terms as ‘yield hacking,’ or whale arbitraging in other words. These structured packages aim to bring multiple crypto assets into a single product that anyone can buy…
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A report highlights the decentralized finance revolution The post St. Louis Fed: DeFi will change finance appeared first on The Cryptonomist.
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[Featured Content] The Unicrypt network is pioneering the field of DeFi with an innovative approach to establish user trust. The platform works in tandem with liquidity pools on Uniswap to reward yield farmers while facilitating startup projects to launch swiftly and successfully. Unicrypt utilizes its UNCX token…
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Ledn announces $2.7 M financing round and completion of first-ever Proof-of-Reserves attestation for a digital asset lender. ETH Futures launch on the CME.
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The DeFi platform Offshift today announced a major rebrand. The protocol, which is built on Ethereum, will revamp its website, whitepaper and change how it interacts on social media.  Offshift, which runs on Ethereum and Polkadot, said in a Medium post the revamp will restructure its value…
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Bitcoin has finally broken toward the upside of its technical pattern today, allowing it to rise to the $37,381 level. The cryptocurrency is now up by a total of 20% over the past week of trading.
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Bitcoin has finally broken out of its descending triangle consolidation pattern and is back on the bullish attack. This has helped the DeFi sector grow by impressive amounts this week.
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The crypto market is currently in a boom cycle again. Fungible tokens like Bitcoin and Ethereum are witnessing enormous price increases. An emerging area in the blockchain world is non-fungible tokens or NFTs. Especially in connection with virtual parallel worlds (metaverse), NFTs are becoming increasingly important, as…
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The Yearn Finance protocol was exploited yesterday, leading to approximately $11 million in losses to the protocol and a $2.8 million haul for the attacker.
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Cardano saw a strong 18.25% price explosion today, allowing the cryptocurrency to rise above $0.5 and hit $0.514. The coin had started to surge at the start of January until it reached resistance at $0.387 (1.618 Fib Extension). From there, it started to consolidate inside a symmetrical…
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