What is Curve (CRV)? Curve (CRV) is a decentralized exchange (DEX) and a liquidity provider designed specifically to provide DeFi services to stablecoin users. The network borrows many concepts from Uniswap such as integration of an AMM and liquidity pools. As such, it’s often referred to as the “Uniswap of stablecoins” by its developers. Curve has grown […]
Category: STO News
Yearn Finance (YFI) Targets Decentralized Exchange Vertical, ‘Billions of Dollars’ Untapped
Gas fees on Ethereum have fallen drastically, currently being as low as 10 gwei, which momentarily went past 2,000 gwei during the recent correction. But the market needs another move lower to single-digit gas prices to get YFI creator Andre Cronje to release one for the several projects he has been working on. Referencing this tweet […]
Rates Fall Off a Cliff Suggesting Risk-Off Appetite, But Lending Protocols Leading DeFi
Just like the rest of the cryptocurrency market, the decentralized finance (DeFi) sector is weathering the woes of the deep correction it experienced last month. The prices of the majority of DeFi tokens are primarily still down 40% to 75% from their all-time highs. The total market cap of the sector is currently sitting at […]
FinNexus Cross Chain DeFi Project – Where to Buy FinNexus coin
FinNexus has seen a price increase of 100% over the last week due to it trending recently. FinNexus, the cross-chain DeFi options platform for gaining exposure to other markets, is currently trending due to a doubling of its price in the last week. The project went from $0.00106038 up to its current price at $0.00929596. […]
Google and Alibaba Didn’t File for Crypto Licenses in Singapore
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. As countries, such as the US, discuss how to implement accurate regulatory frameworks for cryptocurrencies, the industry continues to be the wild west. Since Bitcoin’s inception in 2009, Asia has been a popular area […]
Investing in Near Protocol (NEAR) – Everything You Need to Know
Near Protocol is a decentralized development platform that operates on the top of the Near Protocol blockchain, making it easy for developers to build decentralized applications by overcoming the Blockchain Trilemma (Security, Scalability, and Decentralization). The Near Protocol blockchain is “permissionless, performant and secure.” In short, Near Protocol wants to enable developers to build high-performance […]
“Ethereum Killer” Raising Up to $450M; Solana Foundation Rolls Out A $20M Fund to Expand Ecosystem
Ethereum competitor Solana, which is seen as a potential “Ethereum killer,” has raised a big amount, which is between the $300 million and $450 million range. “Fast, cheap, and deterministic, I’m even more bullish on Solana now,” commented Joe McCann, a margin trader and founder of Nodesource on this development. Back in 2019, Solana raised […]
NFT Volume Declines Sharply But Cheaper Sales Are ‘Extremely Important for Long Term Growth’
After exploding into popularity this year, non-fungible tokens’ growth has entered a slow-down phase in the past month or so. If we look at the past 30-days statistics of the NFT space, it has experienced a huge drawdown. Starting with the marketplace, the popular ones like OpenSea, CryptoPunks, Axie Infinity, NBA Top Shot, and Rarible […]
By Selling $13.8 Billion in Corporate Bonds, the Fed Signals the End of Emergency Measures
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. As a measure to alleviate pandemic fears, the central bank bought corporate debt from hundreds of companies. Now, it is in the process of unleashing those corporate bonds and ETFs. The Federal Reserve Went […]
FTX Exchange Buys 10-year Naming Rights to eSports Team, TSM, for $210 Million
Cryptocurrency exchange FTX has signed a 10-year, $210 million naming rights agreement with professional e-sports team TSM. The deal has been said to be the “largest” in esports history. In December, Forbes valued TSM at $410 million, the most valuable professional e-sports team of 2020. TSM will now go by “TSM FTX” across all titles […]
