Data fails to conclude that Bitfinex shorts are depressing Bitcoin price
A significant surge in Bitfinex short contracts is being attributed to Bitcoin’s current downturn but there are other major factors at play. Go to Source Powered by WPeMatico
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Sushiswap to deploy full suite of Sushi products on Harmony’s blockchain
“We believe this partnership with Sushi is just the beginning of bringing millions of people into decentralized finance,” said Harmony founder Stephen Tse. Go to Source Powered by WPeMatico
Kyber expands to Polygon, announces $30M ‘Rainmaker’ liquidity mining program
The Kyber Network is set to float a $30 million liquidity mining program on both Ethereum and Polygon pools. Go to Source Powered by WPeMatico
Billionaire Mark Cuban Commends Defi Economy Dubbing It the ‘Next Great Growth Engine’
On June 13, the billionaire investor and co-host of the television series Shark Tank, Mark Cuban, explained his fascination with decentralized finance (defi) in an editorial published to his blog. Cuban details that many defi organizations are different because they are not corporate entities or based in the United States. He believes that “no one … Read more
1inch releases composable Limit Order Protocol
The liquidity aggregator just beefed up its functionality with the Limit Order Protocol, a new tool that may have use cases beyond DEXes. Go to Source Powered by WPeMatico
To ICO or to IDO? That is the question
Initial DEX offerings have a fair bit in common with initial coin offerings but come out on top in cost, effort, and fairness. Go to Source Powered by WPeMatico
Defi Economy Is Recovering Faster Than Most Crypto Assets After Market Rout
Decentralized finance (defi) exchanges and tokens are recovering a lot faster than a great number of digital assets that lost more than 40% in value last week. Defi tokens like curve, kyber network, terra, hxro, and more have been seeing double-digit gains. On May 23, the defi economy’s aggregate total-value locked (TVL) dropped to a … Read more
Community-governed DEX EmiSwap raises $104M in private funding
Despite the recent $21 billion loss in DeFi within the past two weeks, the DEX space is still drawing in high trading volumes and investors are pouring in their funds to assure its future. Go to Source Powered by WPeMatico
0x launches DEX liquidity API on Polygon
Polygon’s decentralized finance footprint continues to grow, with 0x releasing a version of its decentralized exchange liquidity aggregator API on the “Ethereum scaler.” Go to Source Powered by WPeMatico
DeFi bucks crypto market correction as Uniswap v3 leads the charge
Numbers don’t lie: Uniswap v3 gains traction with DeFi users despite May’s crypto market crash. Go to Source Powered by WPeMatico
