Compound

First 3D Online Conference on NFT and DeFi Coming up This September

Asia NFT & DeFi Conference and Investment Roadshow 2021 is the first 3D online Conference in NFT and DeFi markets. The conference is organized by CCGlobal and The Blockchainer, supported by America Blockchain & Cryptocurrency Association(ABCA), Blockchain Association Singapore(BAS), India Blockchain Alliance(IBA), HongKong Blockchain Association(HKBA), Ambuli International. Sponsored Sponsored The conference will be held from September 9 to 11,2021, focusing on the Asia Pacific market( China, Japan, South Korea, Southeast Asia, India) and covering the mainstream countries(United States, Italy, Dubai, Europe, South America)on their leading DeFi & NFT projects. Asia

Tether Sets New Records With $20bn+ Market Cap

USDT is now also the fourth largest crypto by market cap. The news was announced in a Tweet from the company. At the time this article was written, Tether had a market cap of slightly over $20.03 billion. This is down about $10 million from its peak today, according to CoinMarketCap.  Tether has just surpassed a $20B market capitalization! This fantastic milestone is another confirmation for Tether maintaining its number one spot as the most liquid, stable and trusted currency! pic.twitter.com/sorWjzChIo— Tether (@Tether_to) December 18, 2020 Accelerate! Tether’s market cap has

Cryptocurrency News Roundup for August 18, 2020

Since the start of 2020, the net worth of assets locked in DeFi smart contracts have increased nearly 10x from $680 million to more than $6 billion. BeInCrypto covered it in-depth here, in case you missed it earlier. To bank in on that phenomenal growth and encourage greater cooperation among industry stakeholders, Huobi DeFi Lab has launched a new initiative called the Global DeFi Alliance. Several major players in the DeFi space have already joined the initiative to create a united front and pave the way for mainstream adoption in

The Importance of Developing the Decentralized Finance Space

The rapid growth of the decentralized finance space, the rise in demand, the improvement of its protocols, and the breadth of offered services and opportunities will provide retail users with the options they are sorely lacking in the existing financial system. And it will enable institutions to move real-world assets onto the blockchain, generating untold cost-savings and improved efficiencies.But it doesn’t have to be a violent revolution. DeFi doesn’t necessarily need to overthrow the incumbent system. I believe that DeFi will complement traditional finance, force it to do better, and,

Record Ethereum Network Use and Gas Fees Pose Risk to DeFi Expansion

The number of Ethereum network transactions more than doubled in 2020 and is now virtually identical to the January 2018 all-time high. As shown on the chart below, the number of transactions doubled in the past six months to stand at 1.23 million per day. Ethereum 7-day average daily transactions. Source: CoinMetricsThis situation might seem very bullish at first, but one must remember both EOS and Tron (TRX) started as ERC-20 tokens before launching their own mainnet and running fully independent blockchains.A similar chain migration is happening on Tether’s USDT, a stablecoin

Five Hours to Failure: The ‘Save Yam’ Proposal Is Falling Short

The future of the Yam Finance yield farming protocol hangs in the balance as it awaits token deposits for a governance vote that could save the project.With less than five hours to go, Yam is only a third of the way towards the 160,000 tokens required.A code bug discovered earlier today in one of Yam Finance’s smart contracts sent the hottest thing in DeFi into a tailspin as it scrambles to find a fix through its decentralized governance system.The project posted an update outlining the issues and making a plea to