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“# Alpha Finance Lab rallies after integrating with Compound and Binance Smart Chain ” Alpha Finance Lab (ALPHA) experienced a price breakout on Feb. 25 as a series of significant partnerships has brought renewed interest in the cross-chain DeFi platform. Data from Cointelegraph Markets and TradingView shows that following the announcements, ALPHA price surged to…
“# Cardano is now a top-three cryptocurrency as ADA price soars 27% in 24 hours ” Cardano (ADA) received a fresh wave of optimism and buying volume on Feb. 26 that pushed the price of ADA to a new all-time high of $1.29, making Cardano the third-ranked cryptocurrency by market capitalization. Data from Cointelegraph Markets…
“# Delphi Digital launches Labs wing to bolster portfolio company development ” Why wait for one of your investments to release a new feature when you can just build it yourself? Delphi Digital’s newly-announced expansion aims to do just that. The cryptocurrency investment, media, and research company is now adding a Labs department which will be…
“# Komodo launches AtomicDEX beta bringing atomic swaps to Ethereum and Bitcoin ” The Komodo project launched on Friday the public beta of its latest product, AtomicDEX. The platform seeks to enable trustless atomic swaps between different blockchains, currently connecting Ethereum and its tokens to blockchains like Bitcoin (BTC), Litecoin (LTC) and Dogecoin (DOGE). Using…
“# DeFi mainstays headline Grayscale’s list of new products under consideration ” Want to buy decentralized finance exposure from your stockbroker? Grayscale may be on the cusp of making it a reality. In a press release today, the issuer of popular exchange-traded products such as Bitcoin (BTC)-backed Grayscale Bitcoin Trust announced a list of new…
“# Focus on DeFi ‘fairness’ benefits Holochain, Orion Protocol and Dodo ” Bitcoin’s (BTC) strong bull run and the immense popularity of the decentralized finance space have attracted several new investors to cryptocurrencies. A report from Crypto.com shows a massive increase in crypto users as the figure rose from 66 million in May 2020 to…
“# 1inch announces expansion to Binance Smart Chain, plans to run BSC node ” As part of a wider exodus, the highest-profile Ethereum-native decentralized finance (DeFi) project yet has announced an expansion to Binance Smart Chain. In a press release today, the 1inch team revealed that they’ve ported 10 million 1INCH tokens (currently worth over…
“# Finance Redefined: Ethereum exodus continues as Binance ‘helps,’ Feb 17–24. ” The parabolic rise of the Binance Smart Chain has been all over the news this week, aided by a few seemingly unfriendly moves by the exchange itself. It started on Friday, when Binance suddenly froze withdrawals of Ethereum-based assets for about one hour….
“# DEX volumes have already surpassed $120b in 2021 ” Ethereum-powered decentralized exchanges, or DEXes, continue to surge despite high transaction fees — with DEXes processing more than $120 billion in 2021 so far. According to Ethereum market analytics platform Dune Analytics, combined DEX volumes posted a new record of $63 billion in January. February’s volume…
“# Traders remain bullish even as DeFi’s TVL falls to $54.4 billion ” Decentralized finance and the numerous platforms offering investment services have been the talk of the cryptocurrency sector for several months and this has resulted in investors capturing spectacular gains for some of the top DeFi tokens like Uniswap (UNI) and AAVE. The…