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“# DeFi tokens see double-digit gains as Ethereum and Bitcoin chase new highs ” Momentum in the cryptocurrency market is back on the rise on Nov. 8 after a solid rally from Bitcoin (BTC) placed the price back above $66,000 and Ether hit a new all-time high at $4,793. The gains from the largest two…
“# Dutch multinational ING considers entering DeFi lending industry ” In a presentation made during the Singapore Fintech Festival, Annerie Vreugdenhil, chief innovation officer of ING, announced the firm is working on a trial of its decentralized finance, or DeFi, peer-to-peer lending protocol with the Netherlands Authority for the Financial Markets. Vreugdenhil said the following…
“# Crypto.com supports Cronos cross-bridge mainnet beta launch ” Cronos has announced the launch of its mainnet beta in a bid to facilitate greater interoperability between the Cosmos and Ethereum Virtual Machine (EVM) ecosystems. The release will enable developers to port decentralized applications and smart contracts from Ethereum and EMV-compatible chains to the Cronos network…
“# 5 reasons why blockchain-based gaming economies are the future ” Anyone who hasn’t been living under a rock is probably aware that the gaming industry has been on an absolute tear. It’s one of the industries that has benefited from the COVID-19 pandemic in a big way. That said, the average investor might not…
“# DeFi can be 100 times larger than today in 5 years ” Decentralized finance (DeFi) is a natural product made possible by blockchain technology and has the right and ready infrastructure to propel the technology to a bigger playing field. The space has grown by leaps and bounds since the Ethereum network went live…
“# ‘Overtime, we will see the NFT market broaden,’ says Ripple’s CTO David Schwartz ” Nonfungible tokens, or NFTs, have been dominating the crypto market this year. With sales topping over $2.5 billion during the first half of 2021, it shouldn’t come as a surprise that both the crypto community and mainstream creators are launching…
“# 3 reasons why DeFi users are bullish on Abracadabra, Magic Internet Money and SPELL ” Stablecoins and their use in decentralized finance (DeFi) have played a key role in the 2021 cryptocurrency bull market because allow investors to participate in the ever-growing number of protocols that offer high yield staking pools and they ease…
“# Acting CoC Hsu: More crypto regulation is needed ” In remarks given at the American Fintech Council’s 2021 Policy Summit, acting Comptroller of the Currency Michael J. Hsu called for greater regulation of universal crypto firms. “Large, universal crypto firms—especially issuers of highly-circulated stablecoins—should embrace comprehensive, consolidated supervision. At the same time, federal and…
“# Cosmoverse Conference 2021 kicks off in Lisbon ” The team behind interoperable blockchain network Cosmos (ATOM) recently hosted the Cosmoverse Conference live from Lisbon, Portugal. Cosmonauts,#Cosmoverse it’s LIVE! This event is 100% from the community to the community, and we are proud to have our Cosmos Hub Community Pool as the main sponsor! Tune…
“# Finance Redefined: Avalanche launches $200M fund, wXRP to debut on Ethereum Oct. 29–Nov. 5 ” Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter. For many years, Ethereum and XRP held the second and third-ranking spots in the crypto market. Read on to discover how wXRP will integrate into Ethereum to expand its…