Grayscale sets sights on institutional DeFi fund
Grayscale Investments is set to float a fund targeting blue-chip assets in the decentralized finance space. Go to Source Powered by WPeMatico
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Aave founder hints at developing ‘Twitter on Ethereum’
Jack Dorsey announced earlier this week that Square Inc. is building a new open-source platform for non-custodial Bitcoin services. Go to Source Powered by WPeMatico
Cardano Launches Testnet to Move Closer to Smart Contracts, Polymarket Odds Bet Against Project
On July 14, IOHK, the Cardano network developers, announced the project’s latest testnet called Alonzo white has been deployed. IOHK detailed that it has onboarded new participants and the move will help the project move “closer to smart contracts.” Two days later, a Cardano-based project called Spores raised $2.3 million to build a non-fungible token … Read more
Data Shows Decentralized Finance Took a Hit in Q2 but Is Still Booming
While decentralized finance took a hit in Q2, stats still show there is an important movement in these protocols. Data taken from Messari’s Q2’21 defi review show that decentralized exchanges are busy settling important numbers. Decentralized Finance Bruised but Still Up The decentralized finance paradigm stormed the market this year, and while it certainly took … Read more
Harmony announces $1M hackathon aimed at merging traditional finance and DeFi
The hackathon will run for roughly six weeks from Aug. 15 to Sept. 30 and include four challenges from three different categories. Go to Source Powered by WPeMatico
Success in DEX? Fast-growing crypto exchanges may hurt DeFi investors
As DEXs continue to accrue billions of dollars in TVL within days of their launch, some question whether they are manipulating their numbers. Go to Source Powered by WPeMatico
DeFi on Bitcoin: Jack Dorsey launches new Square division to make it ‘easy’
Jack Dorsey has outlined plans to build an open developer platform focused on creating Bitcoin DeFi services. Go to Source Powered by WPeMatico
3 altcoins showing signs of accumulation while Bitcoin price is down
DeFi and NFT-related tokens like GHST, CNS and TLM defied the market’s bearish mood to post double-digit gains in the past 48-hours. Go to Source Powered by WPeMatico
Analyst highlights 3 macro metrics that clearly show DeFi sector growth
Taking a bird’s-eye-view of the DeFi sector shows that even though asset prices are down, the ecosystem continues to rapidly expand. Go to Source Powered by WPeMatico
Australian digital finance industry wants to legally recognize DAOs
A new legal initiative in Australia wants to allow DAO project governors to contract with other legal entities through DeFi tools. Go to Source Powered by WPeMatico