Out of the 100 Technology Pioneers selected by the World Economic Forum, six were blockchain startups. The World Economic Forum (WEF) selects 100 companies every year as a part of the Technology Pioneers program, and this year, six were blockchain companies. The six companies are Chainlink, Elliptic, Lighting Labs, MakerDAO, Ripio and Veridium Labs. Chainlink […]
Category: STO News
Expert suggests that Cardano and Ethereum will coexist
In an interview from Weiss Rating, Juan M. Villaverde suggests that neither Ethereum nor Cardano will cease, but rather will both exist simultaneously. Earlier this week, Weiss Crypto Rating held a session of “You asked…” on their Twitter account, debating the question of “Do you see Cardano being a big play-maker in the crypto space […]
Vechain, Stellar, Algorand Price Analysis
Vechain drops 4.9%, Stellar continues its upside and Algorand shoots 21% as most coins trend red. Bitcoin price has not registered any significant move above $9,100 for the past 5 days and remains sideways going into the weekend. The same picture is replicated by most of the top altcoins, although Stellar and Algorand are showing […]
Swiss Digital Bank Tackles Asset Tokenization for Fully Compliant Institutions
Real-World Asset Tokenization Done in Switzerland Asset tokenization, is the space where traditional assets and digital tokens intercept to allow issuers to build completely new financial products and investors to participate in new ways. Even if there’s still some way to go, there has been a lot of progress made in the digital asset space […]
Fidelity Go Removes All Fees for Accounts Under $10,000
Good news for current and upcoming users of Boston-based Fidelity Investments’ robo advisor, Fidelity Go. Known for managing $2.46 trillion worth of assets across retirement and brokerage services, its Fidelity Go will waive fees for accounts under $10,000, starting from August 1, 2020. Fidelity Go Cuts Fees for Accounts Under $10,000 As FinTech competition heats […]
DeFi Lending App, Aave Protocol, Raises $3 Million Through LEND Token Sale
Two Venture Capital firms, Three Arrows Capital and Framework Ventures invest $3 million in decentralized finance (DeFi) lending platform, Aave. The investment was made through the purchase of Aave’s native tokens, LEND. In an announcement on Wednesday, confirms a $3 million investment in Aave Protocol, the third-largest DeFi app in total locked value. Framework Ventures […]
As Decentralized Finance Continues to Evolve, Big Four Audit Firms Will Play a Major Role in DeFi Ecosystem; dGen Report
Big four audit firms are set to be a significant part of the Decentralized Finance (DeFi) ecosystem according to the latest blockchain industry report by German-based non-profit, dGen. The DeFi space, which has seen tremendous capital gains in TVL, will grow even more prominent in the coming decade as per dGen insights on its report. […]
Investing in EOS – Everything You Need to Know
EOS is a next-generation blockchain ecosystem that continues to receive heavy media coverage for its record-breaking ICO and unique characteristics. Importantly, the EOS.IO ecosystem entered the market with the goal to simplify the programming and integration of smart contracts and the development of decentralized applications (Dapps). One of the most amazing aspects of the EOS.IO […]
OKCoin Exchange Debuts API-Based Price Oracles for the DeFi Market; Compound to Integrate First
San Francisco based crypto exchange, OKCoin, has launched on-chain pricing feeds for the burgeoning DeFi market. An announcement on July 15, the firm debuted ‘OKCoin Oracle’ which will use API’s to support interoperability with crypto markets for reliable pricing on digital assets. According to the announcement, the OKcoin Oracle API’s will be verified via public […]
Vitalik Buterin asks how long yield farming in DeFi can last
In a recent podcast, the Ethereum co-founder revealed he thinks that yield farming in the DeFi space is “unsustainable” Vitalik Buterin, co-founder of Ethereum, suggests that the current DeFi hype surrounding the COMP token is basically a promotional tool, and that ultimately, it is unsustainable. Recently, Buterin joined the Bankless podcast; hosted by Ryan Sean […]
