Asset tokenization project DeFi Money Market shuts its doors
DMG token holders take to Twitter to grieve as their holdings crash 75% Go to Source Powered by WPeMatico
Loans
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CEX.IO LOAN Experiences Massive Institutional Demand With Over $100 Million of Loan Requests
PRESS RELEASE. Crypto-backed lending service CEX.IO LOAN that launched in October 2020 in select global jurisdictions, has been experiencing major demand, receiving over $100 million worth of loan requests to date. While the service has been widely popular among retail investors, most of the platform’s loan requests came from institutional investors. According to CEX.IO LOAN, … Read more
Major payments firm SIA to launch DLT-based secondary credit marketplace
Italian financial services firm SIA plans to launch an Ethereum-based platform for secondary credit trading in the second half of 2021. Go to Source Powered by WPeMatico
Side-Chaining $3 Billion in Value: There’s More Than 141,000 Tokenized Bitcoins Issued on Ethereum
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 … Read more
The importance of decentralized oracles: Interview with Sergey Nazarov
Chainlink co-founder Sergey Nazarov explains why a decentralized oracle network is needed to ensure trust in the DeFi ecosystem. Go to Source Powered by WPeMatico
Interview with Sergey Nazarov
Chainlink Co-Founder Sergey Nazarov explains why a decentralized oracle network is needed to ensure trust in the DeFi ecosystem. Go to Source Powered by WPeMatico
One exchange is trying to make debt tokenization a thing in crypto
Entities can receive U.S. dollars or Bitcoin by issuing debt bonds via this platform. Go to Source Powered by WPeMatico
Crypto users split on taking out loans to buy Bitcoin dips
Some crypto investors are willing to risk extensive financial obligations for a chance to get into Bitcoin. Go to Source Powered by WPeMatico
DeFi project Aave unlocks collateral with version 2 release
Users can now trade assets while they are locked up as decentralized finance collateral. Go to Source Powered by WPeMatico
Bitfinex to compete with DeFi with new borrowing service
Customers can now borrow money from crypto exchange Bitfinex. Go to Source Powered by WPeMatico
