2020-9-24 20:06 |
High annual percentage yields are enticing to DeFi investors but are whales the only people making money?
Similar to Notcoin - TapSwap on Solana Airdrops In 2024
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The angst with Ethereum is not abating as gas prices remain high and DeFi remains beyond the reach of all but the whales with deep pockets. To keep their users and liquidity, exchanges must adapt.
2021-2-26 08:35 | |
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As another week in the world of DeFi commences, more new projects that aim to further decentralize and democratize the world of finance emerge. Today’s focus is on a project called Bee2 which wants to move DeFi away from the clutches of the whales, and into the hands of the masses.
2020-9-7 11:00 | |
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According to information from CoinMetrics reports, the growing transaction fees on the Ethereum blockchain, which grew by 500% in a month, makes DeFi applications available only to whales, limiting retail users.
2020-8-20 19:49 | |
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As DeFi tokens continue to lead crypto markets ever higher, some such as Yearn Finance’s YFI token are making monumental gains, but is it all for the whales only? With a very limited supply of just 30,000 tokens, demand for YFI is palpable.
2020-8-19 10:10 | |
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The DeFi craze is full-steam ahead: the total value locked has already passed $5 billion, the number of transactions on Ethereum hit 2018 levels, and gas prices are through the...
2020-8-15 23:59 | |
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Yam Finance is the hottest trend in DeFi at the moment, but a technical flaw in its code was discovered just a day after it started distributing tokens. Prominent members of the crypto community had already labeled it as a scam and warnings had been posted, however, it was seemingly rescued at the last minute.
2020-8-13 11:48 | |
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This week in decentralized finance yielded bountiful opportunities for crypto whales to make profits. The downside of all the increased activity, however, was further pressure on the Ethereum network.
2020-6-28 17:11 | |
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The recent overnight success of the Compound DeFi platform, along with its associated token launch, has attracted a number of crypto critics that are labeling it as nothing more than a pump and dump or a Bitconnect-like Ponzi scheme.
2020-6-25 11:55 | |
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Ethereum (ETH) price analysis, Bitcoin SV (BSV), Litecoin (LTC), and XRP to leave the Top 10 list as DeFi assets move upwards, and Bitcoin (BTC) whales move funds.
2020-6-23 01:50 | |
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In an effort to bridge the communication gap between financial regulators and innovators building fintech, distributed ledger technology (DLT) and crypto-related platforms aimed at promoting the growth of decentralized finance (DeFi), forward-thinking blockchain entrepreneurs have launched the Alliance for Innovative Regulation (AIR).
2019-10-30 14:56 | |
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USDC stablecoin issuer Circle is planning on moving its legal base from Ireland to the U.S. as an IPO looms. Stablecoin issuer Circle is working on shifting its legal base to the US from Ireland, as the company gears up…
Former Commodity Futures Trading Commission Chair J. Christopher Giancarlo will join the board of directors at Paxos.
Christopher Giancarlo, former CFTC chief has joined Paxos board. Giancarlo’s advocacy for blockchain innovation aligns with Paxos’ mission for regulated solutions. Paxos aims to drive financial sector innovation with Giancarlo’s guidance on board.
Robert Kiyosaki, the author of the bestselling personal finance book “Rich Dad, Poor Dad,” has fired another financial warning shot, this time targeting the US dollar and a potential challenger – a gold-backed stablecoin from the BRICS nations (Brazil, Russia, India, China, and South Africa).
BSP approves pilot for PHPC, a Peso-backed stablecoin, in collaboration with Coins. ph. Sandbox testing to evaluate PHPC’s real-world performance and impact on local fiat ecosystem. Transition to real-world usage subject to final evaluations and approvals by central bank.
The stablecoin already enjoys a dominant position in stablecoins and its integration with the TON (Telegram) network could boost it further, says Sylvia To, head of partnerships and token research at Bullish.
Investors remain bullish as stablecoin market cap hits $161 billion, reflecting strong liquidity and smart money movements. The post More liquidity: stablecoin market cap grows $4 billion despite Bitcoin’s pullback appeared first on Crypto Briefing.