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Fireblocks adds DeFi and NFT support for Solana (www.blockcast.cc)

Fireblocks, a leading crypto technology provider that’s supporting a growing number of digital asset businesses, has announced support for various functionalities and features in the Solana (SOL/USD) ecosystem. In an update Monday, the firm said it added decentralised finance (DeFi), non-fungible tokens (NFTs) and other Web3-based applications for the ninth ranked blockchain network. Are you […]

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AscendEX lists Betswap.gg (BSGG): A DeFi betting exchange (www.blockcast.cc)

AscendEX is excited to announce the listing of Betswap.gg token under the trading pair: $BSGG/USDT. Trading begins at 1:00 PM UTC on August 18th, 2022. Betswap.gg is a decentralized sports betting platform that allows users to set odds by being on either side of the bet. Backed by blockchain technology, worldwide players can have access […]

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Cake DeFi: growth continued in Q2 despite crypto winter (www.blockcast.cc)

Cake DeFi, a regulated Singapore-based crypto fintech firm that offers services such as liquidity mining, crypto lending, borrowing, and staking, has released its Q2 Transparency Report that suggests the company is cash flow positive and will remain so for at least four years – even if the bear market translates to more pain for the […]

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Ethereum merge could create a risk-free rate for DeFi (www.blockcast.cc)

Well, well, well. It finally seems like we will have our ETH Merge. September 15th is now the day that is slated for the biggest change in Ethereum’s 7-year history. Ethereum co-founder and crypto god Vitalik Buterin has stated that the upgrade will eventually enable the network to facilitate an eye-watering 100,000 transactions per second […]

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A kind reminder that DeFi still works (www.blockcast.cc)

Liquidated. Insolvent. Chapter 11. Bankrupt. All words which have swirled around over the last couple of months have turned ugly in crypto land, as a wave of contagion has flooded the market (which I have previously written about here). Are you looking for fast-news, hot-tips and market analysis? Sign-up for the Invezz newsletter, today. Centralised […]

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DeFi solution offers 24/7 real-time check on liquidation risk (www.blockcast.cc)

Getting a loan with your crypto assets as collateral in decentralised finance (DeFi) has been made so easy, with protocols such as MakerDAO, Compound, Aave, and Alpaca Finance leading the way. On-chain, all things look smooth as billions of dollars make it into these protocols around trending prospects like yield farming. But as events have […]

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DeFi accelerator Krew introduces portfolio rebalancer Klex Finance on Klaytn (www.blockcast.cc)

Krew, a DeFi accelerator focused on bolstering growth within the Klaytn blockchain ecosystem, has announced the launch of Klex Finance to bring efficient portfolio management and swaps to the blockchain. Klaytn (KLAY), a public blockchain launched in 2019, looks to advance a diverse crypto economy cutting across metaverse, gaming, and protocol interactivity. But according to […]

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Best decentralized finance (DeFi) tokens any investor should get (www.blockcast.cc)

Numeraire NMR/USD, dYdX DYDX/USD, and API3 API3/USD are some of the best decentralized finance (DeFi) tokens you can get on July 5. On June 27, 2022, Numerai announced that James Elford, an Engineer at the project, will present the London Numerai Meetup. Are you looking for fast-news, hot-tips and market analysis? Sign-up for the Invezz […]

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Up by 48%, should the DeFi Pulse Index thank UNI instead (www.blockcast.cc)

The DeFi Pulse Index (DPI) is a Decentralized Finance assets index that tracks the underlying tokens’ performance. Based on the changes noted in these DeFi tokens, the value of the DPI is set. This, surprisingly, hasn’t strayed much from the broader market trend. The DeFi Pulse Index The DPI fell victim to the broader market’s […]

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MakerDAO’s actions against Aave had these repercussions on the DeFi platform (www.blockcast.cc)

The crypto market continues to take heavy blows across the bearish market. Due to the current market turmoil, DeFi’s total value locked (TVL) decreased by 55% since the end of April. In fact, at press time, the total TVL decreased significantly this month. Recording a 10% decline (stood at $75 billion) in its TVL in […]

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