DeFi

Meet the dETH Token, a HODLable Leveraged ETH

Source Node: https://beincrypto.com/deth-token-a-hodlable-leveraged-eth/
Time Stamp: November 16, 2021 1:59 AM - Modified On: November 16, 2021 - Published By:
Source Cluster:
Republished By Plato

The world of finance is being turned on its head thanks to the new wave of innovative Decentralized Finance (DeFi) applications being created. Sponsored Sponsored The transparency and decentralization offered by DeFi protocols are unparalleled, making it impossible for traditional financial services to match. The oldest and most time-tested financial products are now being replicated on the blockchain. Not only that, but we are also witnessing the birth of new and never-before-seen financial services such as cryptocurrency synthetic assets, decentralized exchanges (DEXs), and decentralized insurance, just to name a few.Sponsored

Compound liquidity miners possess less than 20% COMP tokens

Source Node: https://bitcoinerx.com/blockchain/compound-liquidity-miners-possess-less-than-20-comp-tokens/
Time Stamp: November 15, 2021 7:17 PM - Modified On: November 15, 2021 - Published By:
Source Cluster:
Republished By Plato

According to a new study, one of the industry’s largest DeFi protocols is experiencing a motivational crisis.  Alex Kroeger, an Ethereum researcher, discovered in his paper that the majority of Compound’s liquidity miners have little to no financial interest in the protocol and do not engage in its governance. The analysis looked at the top 100 accounts by accrued COMP from liquidity mining in order to show that Compound’s liquidity mining needs to be fixed. The miners at compound aren’t holders Compound was one of the first protocols to implement

Shiba Inu (SHIB) listed on Gemini after other major exchanges offer support

Source Node: https://bitcoinerx.com/blockchain/shiba-inu-shib-listed-on-gemini-after-other-major-exchanges-offer-support/
Time Stamp: November 15, 2021 7:14 PM - Modified On: November 15, 2021 - Published By:
Source Cluster:
Republished By Plato

Shiba Inu (SHIB), Audius (AUDIO), Mask Network (MASK), Wrapped Centrifuge (wCFG), Quant (QNT), Radicle (RAD), Burn (ASH), SuperRare (RARE), Fetch AI (FET), and Numeraire (NMR) deposits and custody were added to Gemini on Friday. Other tokens, such as new DeFi, metaverse, infrastructure, and data management tokens, will also be supported.  The API/FIX and ActiveTrader programs, as well as the Gemini Mobile App and website, will be open for trading for these newly listed tokens. How to get Shiba Inu? SHIB is already listed on Binance, Coinbase, and KuCoin. Kraken claimed

BNBMatrix: Generate 17% Daily ROI with this Smart Contract

Source Node: https://bitcoinist.com/bnbmatrix-generate-17-daily-roi-with-this-smart-contract/?utm_source=rss&utm_medium=rss&utm_campaign=bnbmatrix-generate-17-daily-roi-with-this-smart-contract
Time Stamp: November 15, 2021 6:30 PM - Modified On: November 15, 2021 - Published By:
Source Cluster:
Republished By Plato

Binance Smart Chain network-based Smart Contract is the rising star in the crypto business. As a matter of fact, it is considered to be a crucial contributor to the blockchain economy. Lately, countless financial opportunities have been coming up for crypto investors and enthusiasts in various forms. DeFi (Decentralized finance) is one such protocol. It has not only provided many users a better alternative to low-interest rates (from conventional investments) but also made it possible for them to trust an unbiased, decentralized platform. In this world of infinite possibilities, Smart

Gemini Lists DOGE Competitor SHIB, Community Celebrates

Source Node: https://bitcoinist.com/gemini-lists-doge-competitor-shib-community-celebrates/?utm_source=rss&utm_medium=rss&utm_campaign=gemini-lists-doge-competitor-shib-community-celebrates
Time Stamp: November 15, 2021 5:00 PM - Modified On: November 15, 2021 - Published By:
Source Cluster:
Republished By Plato

Shiba Inu (SHIB) has taken the market by surprise as its battle against Dogecoin (DOGE) moved to the crypto top 10 by market cap. In a vicious exchange between the two meme cryptos, the Elon Musk favorite and its supports have been trying to keep their spot on the ranking, but the Shiba Army gave equal relentless pursuit. Related Reading | Shiba Inu Continues To Dominate Community-Wise, But Why Is The Price Suffering? This community has another reason to celebrate, as leading crypto exchange Gemini announced that it will be

What Is Solv Protocol?

Source Node: https://www.asiacryptotoday.com/solv-protocol/
Time Stamp: November 15, 2021 4:28 AM - Modified On: November 15, 2021 - Published By:
Source Cluster:
Republished By Plato

Solv Protocol is a decentralized platform created specifically for creating, managing, and trading financial NFTs. Blockchain has brought a lot of innovations to the world in such a short amount of time, but the mainstream adoption rate is just starting to take off. In other words, it would soon evolve into new forms and services that would further redefine how people interact with their assets and how they grow their wealth.  Table of Contents Background  Non-fungible tokens (NFTs) are one of the most popular blockchain-based products. And while they are usually

Best Crypto Staking Yields: Which Coins Earn the Most in 2021?

Source Node: https://www.bitcoinmarketjournal.com/best-crypto-staking-yields/
Time Stamp: November 15, 2021 3:00 AM - Modified On: November 15, 2021 - Published By:
Source Cluster:
Republished By Plato

With Ethereum switching over to a Proof of Stake (PoS) protocol, crypto staking is exploding in popularity. Once the switch is complete, ETH will join the growing list of PoS cryptocurrencies attracting the attention of investors looking to earn income on their coin holdings. Plenty of crypto exchanges and platforms already offer users the ability to dip their toes into crypto staking at minimum cost. But the million-dollar question is – which crypto is the best for staking? The following table and individual crypto reviews may help you in finding

Lumenswap launches first round of its lottery!

Source Node: https://ambcrypto.com/lumenswap-launches-first-round-of-its-lottery/
Time Stamp: November 15, 2021 2:00 AM - Modified On: November 15, 2021 - Published By:
Source Cluster:
Republished By Plato

Lumenswap is a decentralized exchange handling the swapping and trading of digital assets. It is built on the Stellar blockchain and allows users to seamlessly spot trade through its exchange. Users get the chance to create their own trading pairs and trade on a distributed network apart from the already available trading pairs. It also has an order limit feature that allows for the proper execution of trades. Lumenswap also has a swap service that gives users the best rates on assets such as the ETH, LSP (Lumenswap token), USDC,

FATF Guidance: NFTs Should Be Regulated Case-by-Case

Source Node: https://bitpinas.com/regulation/fatf-nft-guidance-2021/
Time Stamp: November 14, 2021 9:59 PM - Modified On: November 14, 2021 - Published By:
Source Cluster:
Republished By Plato

Share some Bitpinas love:By Hans DoringoIn a recently released updates to the Financial Action Task Force’s (FATF) guidance for virtual assets and virtual asset service providers (VASPs), the body clarified that Non-Fungible Tokens (NFT) does not fit the definition for virtual assets (VA) but would still be covered by FATF standards under certain cases.What is the FATF’s Position on NFTs?Last March 2021, FATF published a draft of the guidance addressing concerns about NFT as its market grows. In the said draft, it was vaguely stated that NFTs can be considered

What is the FATF Guidance on DeFi?

Source Node: https://bitpinas.com/regulation/fatf-defi-guidance/
Time Stamp: November 14, 2021 9:41 PM - Modified On: November 14, 2021 - Published By:
Source Cluster:
Republished By Plato

Share some Bitpinas love:By Hans DoringoThe Financial Action Task Force (FATF), an intergovernmental anti-money laundering watchdog, released last October 28, 2021, revisions and updates to its virtual asset guidance for virtual asset service providers (VASPs) which was first issued in 2019.In keeping with the feedback and reviews concerning the uncertainty of how the FATF would apply its VASP standards to decentralized finance (DeFi), the body proceeded on finalizing the guidance during its plenary meeting that lasted until October. The updated version of the guidance includes clarifications on FATF’s proposal to

Lending protocols lead market recovery as Maker paves way for gains

Source Node: https://ambcrypto.com/lending-protocols-lead-market-recovery-as-maker-paves-way-for-gains/
Time Stamp: November 14, 2021 5:30 PM - Modified On: November 14, 2021 - Published By:
Source Cluster:
Republished By Plato

After Bitcoin’s ATH of $69k on 10 November, not just the top coin, but the larger market has been somewhat mellow. However, even with the top two coins consolidating, there seemed to be some altcoins that presented double-digit gains as they rallied. Interestingly, the lending protocol landscape was one that seemed to be making the most headlines, with Maker leading the way with 8% gains.  The DeFi sector seemed to be paving the way for recovery with DeFi’s Total Value Locked increasing by 5.27% from last week, pushing the TVL

Russian Crypto Businessman Arrested in Netherlands, Moscow Confirms

Source Node: https://coingape.com/russian-crypto-businessman-arrested-netherlands-moscow-confirms/
Time Stamp: November 7, 2021 2:08 AM - Modified On: November 7, 2021 - Published By:
Source Cluster:
Republished By Plato

A Russian crypto businessman has been arrested by authorities in the Netherlands, according to the Foreign Ministry in Moscow. The long arm of the law caught up with the man — who is directly linked with the founding of two crypto exchange platforms, after he was apprehended earlier this month, although reportedly on the request of U.S. law enforcement. Russian Crypto Businessman Detained in Holland According to a report by Forkleg news which quoted a certain Maria Zakharova of the Ministry of Foreign Affairs of Russia, Denis Dubnikov, co-founder of