Other 20/07/21 21:56 by PR DESK

FLURRY Finance Raises $3 Million In Latest Investment Round

Flurry Finance, a DeFi protocol offering yield aggregation, successfully completed its latest funding round, which raised $3 million. The funding round saw the participation of GenBlock Capital, S...
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Bitcoin 20/07/21 21:00 by Hououin Kyouma

As Bitcoin Drops Below $30k, Stablecoins Surpass $100 Billion In Total Supply

Bitcoin has dropped below the $30k mark, while stablecoins go strong as they surpass over $100 billion in total supply. Total Stablecoin Supply Is Now More Than $100 Billion According to a report by A...
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Crypto 20/07/21 19:27 by Adrian Klent

US Treasury Secretary Janet Yellen Urges ‘Quick’ Action to Address Stablecoin Market

In recent times there has been considerable attention paid to cryptocurrencies by regulators globally. There have been increasing talks to understand the sector and regulate it accordingly in order t...
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Crypto 18/07/21 15:51 by Brenda Ngari

El Salvador Is Reportedly Planning Its Own National Stablecoin — Here’s What You Need To Know

In June, El Salvador became the first country in the world to make bitcoin legal tender, just days after millennial president Nayib Bukele announced his ambitious crypto vision during the 2021 Miami ...
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Crypto 14/07/21 22:09 by Zex PR Wire

MEXC Global Adds Support For Market-Leading Stablecoins USDT and USDC On Algorand

MEXC Global, a Singapore-based cryptocurrency derivatives exchange announced it is now allowing users to transact in their preferred stable coin pegged on the dollar on Algorand. According to the ...
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Altcoins 14/07/21 16:37 by David Kariuki

Bank Of England Warns Increased Risk-Taking Has Manifested In The Price Volatility Of Bitcoin, Ethereum

The rapid price appreciation of Bitcoin, Ethereum, and other crypto-assets is enough evidence that many investors are willing to take more investment risks. Bank of England published a report on the ...
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Crypto 12/07/21 13:15 by NewsBTC

Where To Stake Your Crypto During a Bear Market?

Under normal circumstances, it’s harder to make money during a bear market than in a bull run, unless one wants to explore derivatives and leveraged trading. That situation is a bit different in...
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Other 04/07/21 12:44 by Olivia Brooke

DeFi’s Reliance On The USD Is Proving To Be Extremely Dangerous For The Multibillion-Dollar Market

Replacing banks and brokerages to be the middleman for buyers and sellers is one of the values that Decentralized finance (DeFi) Brings to the modern digital market. Almost every definition of DeFi n...
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Altcoins 02/07/21 00:29 by Asad Gillani

Messari Report: USDC Is The Most Dominant Ethereum-Backed Stablecoin

The growth of USDC in 2021 is more tremendous than that of Tether. The Ethereum-based USDC stablecoin is gaining immense traction as the experts deem it as the most dominant asset. In coming weeks it...
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Crypto 30/06/21 15:07 by Eduardo Próspero

The USDC Stablecoin Will Soon Expand Its Reach To 10 More Networks

The second biggest stablecoin by market capitalization is already a multi-blockchain project. Soon, though, USDC will live almost everywhere. According to Coindesk, it will soon be available in, &ldqu...
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Altcoins 28/06/21 21:19 by PR DESK

Orion Protocol Adds Deeper ORN Token Utility By Launching USDo Stablecoin

Orion Protocol, a layer 2 crypto solution for decentralization of liquidity sources, has today announced the introduction of its USDo (U.S. Dollar pegged) stablecoin. The coin is minted by staking OR...
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Crypto 21/06/21 22:18 by Livine Sanchez

4 Reasons Why You Should Use JAX Coins

Every worthy cryptocurrency has some inherent benefits users derive from it (use case), and the same applies to JAX coin. This stablecoin offers a lot of benefits to users. Some cryptocurrencies help...
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Altcoins 18/06/21 20:31 by Brenda Ngari

Cardano Ousting Ethereum As Hoskinson Teases Release Of Astounding Algorithmic Stablecoin Paper

IOHK has been focused on enabling smart contract functionalities on the Cardano blockchain over the past months. While the full rollout may not come for a couple of months, IOHK already has its eye o...
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Other 17/06/21 18:41 by Reynaldo Marquez

How Mark Cuban Got Rugged In Iron Finance’s Crash, Post Mortem Revealed

Mark Cuban has been publicly bullish on Ethereum and DeFi. The billionaire has gone all-in on this sector. He believes dApps have great potential to build a new financial system. However, some protoco...
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Crypto 16/06/21 19:16 by Mark Hampton

Exploring Fractional Collateral Backing for Stablecoins

What defines collateral and value? Recent insights from Caitlin Long, a Wall Street veteran and the Founder and CEO of Avanti Financial Group, took a look at the investment reserve disclosure from Tet...
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Altcoins 13/06/21 15:30 by Livine Sanchez

MahaDAO Picks Ethereum Layer 2 Polygon for Its Valuecoin ARTH

Indian blockchain infrastructure protocol MahaDAO is the latest to launch on a Layer 2 network, announcing its deployment on Polygon (formerly known as Matic). MahaDAO’s ARTH algorithmic stablecoin...
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Other 11/06/21 22:20 by PR DESK

HaloDAO Set To Hold Its Anticipated Initial DEX Offering (IDO) On June 24

HaloDAO, an extensive DeFi protocol for the creation of asset agnostic money fund networks worldwide, has plans underway for an Initial DEX Offering (IDO). The protocol will launch on Minimal Initial...
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Crypto 11/06/21 20:23 by NewsBTC

A New Era of Crypto: Digital Switchover 2.0

As cryptocurrencies begin to cement themselves into the wider financial system thanks to growing interest from previously wary institutional investors and blockchain technology’s increasing inte...
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Crypto 10/06/21 18:23 by PR DESK

Unbound Finance Secures $5.8M, Aims at First Decentralized Cross-Chain Stablecoin

Unbound Finance, a DeFi treasury for liquidity pool tokens, has secured $5.8 million from various prominent crypto investors including Arrington XRP Capital and Pantera Capital among others. The fund...
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Crypto 07/06/21 21:49 by Guest Author

ERC20-Based Stablecoin DIRHAM Unveiled and Backed by AED

Dirham stablecoin, an ERC20 token-based stablecoin backed by the United Arab Emirates Dirham, has been unveiled. Tied to the AED in the ratio of 1:1, the Dirham stablecoin will cost approximately $0....
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Other 10/05/21 21:00 by Reynaldo Marquez

Can LUNA Reach $170? This VC Fund Thinks It Has The Fundamentals

The Rockaway Blockchain Fund (RBF) has published a bullish case on Terra (LUNA) and its growing ecosystem. This project has been gaining a lot of attention in the crypto space and its price reflects t...
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Crypto 04/05/21 21:44 by Brenda Ngari

PayPal Is Reportedly Exploring Issuing A Stablecoin

Last fall, the world’s largest payments processor PayPal partnered with Paxos to allow users to buy, hold and sell bitcoin, ethereum, litecoin, and bitcoin cash — and the demand for its crypto se...
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Altcoins 03/05/21 21:35 by PR DESK

Bittrex Global Becomes First Exchange to Support DigitalBits’ ERC-20 Token Swap

Bittrex Global, a leading cryptocurrency exchange, has announced that it is the first to integrate the DigitalBits blockchain mainnet. Additionally, Bittrex announced that it will provide liquidity f...
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Crypto 22/04/21 18:54 by NewsBTC

Stablecoins Are Changing and It’s a Big Deal

Stablecoins aren’t anything new. They’ve been around almost as long as cryptocurrencies have, with the first bonafide stablecoin launched way back in 2014. Since then, they’ve largel...
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Other 22/04/21 18:23 by Mark Hampton

EQIFI Brings DeFi Functionality to the Banking Sector

There is no room for doubt that the crypto world has grown exponentially but there are still gaps to be filled. People have got used to limited capabilities of accessing the full potential of their di...
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Crypto 18/04/21 12:43 by Olivia Brooke

Stablecoins are in the limelight, but this Yale Economist remains skeptical about their stability

Stablecoins are taking the center stage in crypto-related discussion especially as adoption increases meteorically. Sean Stein, a professor, and entrepreneur recently noted in a Forbes article, that ...
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Other 14/04/21 10:00 by NewsBTC

Filling a Market Gap: Heart of TenX Journey to Mimo DeFi

Crypto mass adoption means that it’s time to think about the wider market who will be interested in many of the lower-risk, lower-reward types of DeFi services. Easy-to-adopt, as well as customi...
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Altcoins 07/04/21 21:30 by Guest Author

10% of Super Algorithmic Token (SATO) to Be Distributed Among 50k Defi Users

The Super Algorithmic Token (SATO), a next-generation stablecoin, is set to airdrop 500,000 coins to selected Defi users from April 5 to April 25. According to the press release on the matter, the 50...
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Other 01/04/21 00:42 by PR DESK

Rising Freeliquid Lending Protocol for Liquidity Pool Collateralization Integrates with Swop.Fi and Waves Exchanges

By this point in time, Freeliquid has established itself as one of the market leaders in decentralized lending, even more so with its stablecoin loans funded through liquidity pool collateral. As the...
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Bitcoin 01/04/21 00:00 by Olivia Brooke

No Fiat Conversion: Why Businesses Are Increasingly Choosing To Retain Bitcoin

Mainstream firms entering the Bitcoin market have begun to adopt the option of storing their assets in Bitcoin and boycotting the option of converting to fiat. Some of these businesses include Tes...
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