Source: Adobe/Denys Rudyi The world of decentralized finance (DeFi) this year, among other developments, will likely see rising popularity of tranche lending, increased use of Layer 2 protocols as a scaling solution, faster tokenization on Ethereum (ETH), and improved mobility of staked ETH, estimates ConsenSys Codefi, a unit of ETH-focused major blockchain company ConsenSys. The […]
Blockchain by Figure. Source: a video screenshot, Youtube, Figure Silicon Valley-based financial services startup Figure has launched a bid to make distributed ledger technology more approachable – by creating a crypto-themed mascot that its masterminds hope will dispel public fears about blockchain technology. This is “Blockchain,” an anamorphic, talking, walking, wisecracking stack of blocks that […]
Source: iStock/izusek South Korea’s biggest exchanges are looking to slim down their listings – with a slew of delistings possibly on the cards at the country’s “big four” platforms. Per a report from Fn News, Upbit is set to delist the Sphere (SPHR), Edgeless (EDG) and Guppy (GUP) cryptocurrencies, and will likely require customers to […]
Source: Adobe/Loïc Bourgeois Cambodia’s central bank digital currency (CBDC) has “launched,” said the central National Bank of Cambodia and Soramitsu, the Japanese company co-working with the central bank on the project. And the Japanese firm stated that other projects in “other countries” are also in the pipelines. Per the Bangkok Post and Japan’s Coin Post, […]
Source: Adobe/Helder Almeida In the past three months, during the DeFi (decentralized finance) frenzy, the market capitalization of the five largest stablecoins increased by 52%, to almost USD 16.6bn, data shows. While the most popular stablecoin, tether (USDT), increased its market capitalization by 47%, to more than USD 14bn, smaller players, such as USD coin […]