An analyst from Zabo, Christopher Brown, says that Decentralized finance might have an interesting model which would help in driving innovation in the fintech and banking industry due to the rise in the use of cryptocurrencies. The Emergence of Fintech 2020 was a great year for the fintech industry, and there is no denying that….
Newly-rebranded Ethereum scaling company Matic Network now known as Polygon, has announced a partnership with Chainlink made earlier this month, focusing on using its functionalities to improve Crypto games. This new multi-chain system will enable tools that can prove to be beneficial for blockchain-based game developers to implement new techniques and in-game features into their…
Adoriasoft, a renowned blockchain development firm, released a completely new SDK which would make Cosmos chains a bigger powerhouse than it already is. Cosmos chain could be established on Polkadot using the Cosmos SDK Parachain Development Kit, which would allow Cosmos Projects to be operated in interoperable networks. The consequences of this prospect are very…
Binance Smart Chain-based decentralized exchange (DEX) Pancakeswap has rapidly emerged as one of the top decentralized exchanges present in the DeFi market. It has taken place in the list of the world’s top-ranking DEXs after the daily trading volume on its trading platform spiked high to touch a record level. Pancakeswap Is Now One Of…
Uniswap, the leading decentralized exchange (DEX) platform from the world of decentralized finance (DeFi), has pumped up the popularity of the industry further with its latest achievement. The total trading volume of this DEX reached a record level after adding $20 billion in just one month. Uniswap Is The First-Ever DEX To Achieve This Milestone…
Aave has seen a massive jump in the crypto market to claim a total rise of 50% in the last few days. This recent rise is coming off the back of a recent market rise witnessed in the decentralized finance sector. Investors in the sector are now moving in to invest in tokens and coins…
Manta has generated a massive amount of cash in its latest fundraising round. According to the company’s announcement on Tuesday, $1.1 million was received from participating customers and investors. The PolyChain Capital and Hypersphere were the top donators. Other companies who mainly participated in the fundraising process include Three Arrows Capital, Defiance Capital,Multicoin Capital, Alameda…
The number of Bitcoin (BTC) locked on the Ethereum blockchain continues to increase after it hit the $1 billion figure. According to the metrics site Dune Analytics, there is now almost an amount of $1.5 billion worth of Bitcoin locked on Ethereum. These are not the actual Bitcoins rather synthetic Bitcoin that have been converted…
The prominent decentralized exchange protocol Uniswap has surpassed the major digital currency exchange Coinbase in terms of the monthly trading volume. According to the new data presented by Dune Analytics, the monthly trading volume of Uniswap exceeded the $15 billion figure in the month of September. Dune Analytics data says that the San Francisco-based leading…
