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Month: February 2020

cryptocurrency February 10, 2020

Advertisements Ethereum Classic Labs and Fantom Foundation are joining forces to promote decentralized finance, using Fantom’s ecosystem for the base and ETC as collateral. ETC Labs and Fantom Foundation are collaborating to bring decentralized finance (DeFi) to Fantom’s ecosystem, a Feb. 10 press release announced. Ethereum Classic (ETC) will serve as collateral for issuing a […]

cryptocurrency February 9, 2020

Decentralized finance [DeFi] has continued to gain steam in the past couple of months. The latest milestone includes surpassing $1 billion Total Value Locked [TVL]. Advertisements Source: Binance Research | Monthly unique users in Ethereum DeFi in 2019 Interestingly, Ethereum’s use in DeFi continues to expand since most of the decentralized financial ecosystem, so far, […]

cryptocurrency February 9, 2020

Thanks to its innovation around building decentralized applications [DApps], Ethereum became crucial for the ICO space. However, the 2017 ICO boom and bust attracted a lot of bad press for the ecosystem since a large portion of many ICO scams leveraged Ethereum blockchain. Advertisements Highlighting the ICO phase, Camila Russo, the Founder of The Defiant, in […]

cryptocurrency February 9, 2020

A new non-custodial dApp is making it easy to maximize Ethereum yields across different DeFi protocols. Using iEarn Finance, investors can find how to maximize their return on investment. Advertisements Dynamic Capital Allocation Professional money managers help clients invest more actively. Recreating this capability in the world of permissionless finance is no easy task, requiring […]

cryptocurrency February 9, 2020

Ethereum gains a strong bullish momentum above the $200 resistance against the US Dollar, similar to bitcoin. ETH price is likely to continue higher towards $250 in the near term.ETH price climbed higher significantly and settled above $200-$210 high against the US Dollar.The price even broke the $225 resistance and traded to a new 2020 […]

cryptocurrency February 8, 2020

Over the past few days, Ethereum has been one of the top-performing crypto-assets in the industry. The token recently breached the $200 mark and since 5 February, the crypto-asset has surged by over 20 percent. Bitcoin recorded a hike of 7.75 percent over the same time period. Advertisements At press time, Ethereum was priced at […]

cryptocurrency February 8, 2020

Oracle platform Chainlink, the stablecoin lending platform Maker, and the EOS resource exchange REX led the growth in the DeFi segment of the cryptocurrency markets, according to TokenInsight’s latest report. Advertisements Blockchain data company TokenInsight has published its annual cryptocurrency report for 2019, with a partial focus on decentralized finance (DeFi) applications. The report delves […]

cryptocurrency February 7, 2020

The competitive drive between Ethereum, EOS, and Tron over decentralized applications or DApps continued to escalate in 2020. Justin Sun’s Tron was able to surpass EOS DApps for the first time last month, however, it continued to lag behind Ethereum’s dominance. Advertisements In terms of popularity as well, Ethereum‘s DeFi sector grabbed all the attention […]