IOVLabs wants to improve on Ethereum’s meta-transaction adoption.
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According to onchain statistics, there is a colossal amount of bitcoin, approximately 141,231 bitcoins or $3.3 billion at the time of publication locked into Ethereum-based tokens. There are roughly seven different wrapped or synthetic bitcoin tokens but the Wrapped Bitcoin project has the lion’s share of coins with 115,411 under custody. At the time of […]
The post Side-Chaining $3 Billion in Value: There’s More Than 141,000 Tokenized Bitcoins Issued on Ethereum appeared first on Bitcoin News.
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Bitcoin DeFi, Bitcoin on Ethereum: We explore the ways DeFi and Bitcoin intersect.
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The protocol features leveraged trading, lending and borrowing and an in-house decentralized exchange.
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The pegging process no longer relies on functionaries holding custody of bridged funds.
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Money on Chain is taking cues from gold market pricing for its DEX.
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On October 6, 2020, the RIF (RSK Infrastructure Framework) development team announced that the Makerdao project’s DAI stablecoin is now available via the smart contract protocol RSK. According to the software engineers, RIF developers leveraged the RSK-Ethereum token bridge and individuals can now utilize the Ethereum-based stablecoin across a myriad of decentralized applications (dapps). The […]
The post Bitcoin Defi: Smart Contract Platform RSK Integrates ETH-Based Stablecoin DAI appeared first on Bitcoin News.
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Interoperable DeFi platforms can help with Ethereum’s high transaction fees.
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During the last year, Ethereum has dominated the decentralized finance (defi) ecosystem but a number of other blockchain projects plan to join the fray. The second layer, smart contract protocol RSK aims to bring the defi demand to the Bitcoin blockchain and there’s already a few RSK-based defi projects in the wild. In the world […]
The post Smart Contract Protocol RSK Attempts to Bring Defi to the Bitcoin Network appeared first on Bitcoin News.
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IOVLabs believes the missing link is the developer-friendliness, not the type of blockchain.
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