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“# Top 3 DeFi lending protocols exceed $20B in deposits ” There has been no slowdown in the amount of collateral pouring into the leading decentralized finance protocols this year. DeFi’s leading three lending protocols have amassed approximately $20 billion according to Dune Analytics. A Messari research report into valuing these platforms suggests they’re on…
“# DeFi aggregator growth ‘set to dwarf 2020’s volume’ ” Decentralized finance aggregators are growing in popularity in 2021 as the embryonic industry continues to expand. Delphi Digital analyst Ashwath Balakrishnan has observed that year-to-date growth for DeFi aggregators puts the sector on track to dwarf 2020’s figures. The researcher noted 1inch, Matcha, and Paraswap…
“# Chinese bank tests biometric hardware wallet for digital yuan payments ” China’s large-scale digital yuan testing across several cities continues to gather pace with some financial institution leading the development of hardware wallets for the central bank digital currency. According to news agency Xinhua, the Postal Savings Bank of China has created a biometric…
“# The Bahamas gets a card for its sand dollar national digital currency ” The Bahamas is moving to make its national digital currency more accessible by launching a prepaid card for the “sand dollar.” The Central Bank of The Bahamas has partnered with global payment giant Mastercard and local payment startup Island Pay to…
“# Sweden extends digital krona digital currency pilot until 2022 ” Sweden’s central bank has extended an ongoing pilot aimed at creating a digital version of the Swedish krona until 2022, as was recently announced by the nation’s Riksbank. In combination with professional services firm Accenture, the “e-krona” pilot program was created to address what…
“# GPU hardware firm riles gaming community by flirting with crypto miners ” Computing hardware manufacturer Zotac angered a customer base of loyal gamers on Feb. 16 after it posted a tweet apparently marketing its new Nvidia 30 series graphics cards to cryptocurrency miners. Zotac’s post showed a stack of what looks to be GeForce…
“# Report urges US government to focus on blockchain, crypto and a ‘digital dollar’ ” As the COVID-19 pandemic unfolds, the Biden–Harris administration has begun implementing new strategies to restore the U.S. economy. While notable, implementing emerging technologies, while ensuring data privacy, should also be a top priority for the White House administration to consider. Don Tapscott,…
“# Christie’s auctions its first purely digital artwork in form of blockchain token ” British auction house Christie’s has announced the auction of its first ever “purely digital work of art.” Announcing the news Tuesday, Christie’s said that the NFT artwork will be issued in partnership with major NFT marketplace, MakersPlace. Dubbed “Everydays – The…
“# Ethereum-based domain names go mainstream with Cloudflare integration ” Unstoppable Domains, an Ethereum-based project that allows users to create “.crypto” website URLs, has been integrated into Cloudflare’s Distributed Web Resolver. Following the integration, users will be able to access Unstoppable Domains’ blockchain addresses from any browser. Previously, websites created under Unstoppable Domains’ .crypto extension…
“#SkySilk, new Parler web host, backs its free speech mission” Parler got back online with the help of a small web services company that wants to support the controversial platform’s free-speech-focused mission. California-based SkySilk Cloud Services confirmed that it’s providing “private cloud infrastructure and support services” for Parler, which relaunched Monday after a month-long outage….