decentralized finance

Pledge Finance Holds Stanford DeFi and NFT Summit 2021

Since the market boom of decentralized finance (DeFi) and non-fungible tokens (NFT) in 2021, there have been a number of conferences and summits designed to grow the industry further and promote mainstream adoption. One of such summits is the Stanford DeFi & NFT Summit 2021. The event was conducted by Pledge Finance, a blockchain-powered, decentralized lending protocol with headquarters in Palo Alto, CaliforniaUnited States. Details of the Stanford DeFi and NFT Summit The DeFi & NFT Summit 2021 was conducted by Pledge Finance on September 24 at the Stanford Faculty

Grayscale Adds Solana and Uniswap to Crypto Investment Fund – Finance Bitcoin News

Grayscale Investments has added solana and uniswap to its large-cap funding fund. This is the primary time solana has been added to a Grayscale fund. The firm now provides 15 funds, two of that are diversified portfolios. Solana and Uniswap Added to Grayscale Fund Grayscale Investments, the world’s largest digital currency asset supervisor, introduced Friday the quarterly rebalancing of its two diversified portfolios: the large-cap fund and the defi (decentralized finance) fund. For the Grayscale Digital Large Cap Fund (OTCQX: GDLC), the corporate bought a number of the present elements

Diminishing returns: Is Bitcoin underperforming compared to altcoins?

The first half of 2021 in the crypto markets brought many comparisons to 2017. Bitcoin (BTC) was on a tear to its all-time high, the new frontier of decentralized finance emerged, and nonfungible tokens were gaining myriad celebrity endorsements. But after the initial months of euphoria and a subsequent sell-off, BTC’s performance has been far more lackluster. The recent market sell-off resulting from the Evergrande crisis has compounded fears. However, it can’t be ignored that many altcoins, particularly platform tokens, have undergone impressive runs and, in some cases, even bucked broader

Here’s Binance CEO’s take on how to ‘sort of slow down crypto-adoption’

When it comes to cryptocurrency adoption, the past year has been dominated by the fact that institutional investors are now pouring into the digital asset market. In light of growing regulatory clarity and products like those offered by Grayscale that make traditional investors feel right at home when dealing with crypto, the last 12 months have demonstrated that the realms of traditional finance and the digital assets market are bridging the gap.In a recent interaction with Charlie Shrem, Changpeng Zhao [CZ], Founder and CEO of Binance, elaborated on how the

Can DeFi Survive Without CeFi? Bitrue’s Hybrid Solution Might Be The Middleground

Decentralized finance has been crypto’s defining motif this year, thanks in no small part to the ascendance of token mining solutions popularly known as yield farming. However, despite billions of dollars of crypto assets being locked into DeFi protocols, it has still to be determined whether decentralized finance can realize the lofty goals that inspired its creation, like banking the unbanked and providing greater financial inclusion. What’s beyond dispute is that the legacy financial system crippled by excessive regulations and distorted by extremely loose central banks’ monetary policies is badly

Not Ethereum, Polkastarter, the DEX Protocol Will Launch on Polkadot

Since gaining prominence in recent times, Decentralized Finance (DeFi) has been marauded with some sort of technical problem especially as it utilizes Ethereum blockchain that only does about 25-40 transactions per second. Most, if not all current DeFi aggregators and DEX platforms are built atop the Ethereum blockchain, it’s easier to deploy contracts on the Ethereum blockchain than in any known blockchain and it’s quite cheap to do too.  However this comes with a cost, the cost is in the amount of gas fee spent just by interacting with this

Non-Fungible Token Craze Explodes Despite DeFi Market Woes

Non-fungible tokens (NFTs) are the latest craze in the world of decentralized finance (DeFi) and new platforms are offering farming incentives in order to acquire them. Non‑fungible tokens are a special type of token on the Ethereum network primarily using the ERC-721 and ERC-1155 algorithm standards to create verifiable digital scarcity. A new DeFi platform called Shroom Finance is aiming to build a decentralized ecosystem for in-game asset trading and minting though the issuance of NFTs. Shroom Finance Bolsters NFT Frenzy The concept is built upon DeFi liquidity farming which

Top DeFi Coins Drop Despite Ethereum Rally: Here’s Why

Ethereum pressed higher on Thursday after Uniswap released the UNI token to the world. ETH surged around 10% from the time of Uniswap’s announcement to the daily highs. This rally came in spite of Bitcoin topping just over $11,000, responding to weakness in legacy markets like the S&P 500. Despite the rally in the price of Ethereum, altcoins in the industry are dropping. DeFi coins, especially, have suffered, posting losses of 5-15% across the board. Analysts think that this weakness in the altcoin market may pertain to Why Ethereum DeFi

eToro Launches GoodDollar and Leverages Yield Farming and Staking to Deliver a Sustainable Global Basic Income

September 8, 2020 — Multi-asset investment platform, eToro, is excited to announce that it has launched GoodDollar: a non-profit initiative that leverages decentralized finance to offer a protocol for distributed basic income. First proposed at Web Summit 2018, the concept has since advanced into a working economic model, wallet, and digital basic income coin that was launched this week. The launch of GoodDollar means that anyone with an internet connection and phone number can receive its native crypto asset, G$, store it in the GoodDollar wallet, and transact. A pool