The decentralized finance (DeFi) ecosystem has seen a parabolic explosion in usage since the start of 2020. Data indicates that the total value locked in DeFi applications has just reached a new all-time high of $14.39 billion. At the start of 2020, this metric was closer to $500 million. Dune Analytics also reports that the...Read More
Decentralized advertising startup AdEx has invited its community to participate in the governance of the platform. The first major decision that token holders can vote on will be the total number of ADX staking reward tokens to be minted in 2021. Empowering the Community Through Governance Rights AdEx is now inviting the community to have...Read More
The cryptocurrency market is one of constant change. It seems that every day there is something new. 2020 was no different. In fact, this year, we saw the absolute explosion of the decentralized finance (DeFi) industry. Data from DeFi Pulse shows that in January, the total value locked (TVL) in DeFi-based projects was around $700...Read More
[Featured Content] UMI is a blockchain-based ecosystem that provides its users with instant transfers, staking, and multifunctional smart contracts. It attempts to compete with legacy market giants such as VISA and MasterCard when it comes to transaction speed. The developers aim to bring the network throughput to one million transactions per second, which is quite...Read More
[Featured content] Privacy is undoubtedly one of the main concerns when it comes to cryptocurrencies. A lot of their appeal comes from the fact that they’re considered much more private compared to traditional money transfer. That, however, has turned out to be rather untrue throughout the course of the past few years. In fact, one...Read More
[Featured content] The cryptocurrency field is growing at a considerable rate as more companies and individuals get involved. As CryptoPotato recently reported, Google searches for the ‘buy crypto’ key phrase have surged to their highest point since all the way back in January 2018 – during the peak of the ICO bubble. Google traffic is...Read More
[Featured content] DeFi has no doubt exploded in 2020 as the industry saw unprecedented growth all the way from March. In fact, data suggests that there’s currently around $11.2 billion locked in various lending protocols in the ecosystem. While this may have somewhat surprised many, it does come as a natural and logical extension of...Read More
In the last 50 years, gold has climbed from $410 an ounce up to around $1,900 an ounce today and has earned a reputation as one of the most reliable investment assets. Although gold is rapidly growing in popularity among investors, during times of a recession, its popularity tends to skyrocket — and it’s not...Read More
[Featured content] The parent company of the Bitcoin smart contract platform RSK has entered into a collaboration with Grupo Sabra to create Extrimian. Announcing Extrimian According to an official release dated September 30th, 2020, IOVlabs and Grupo Sabra have entered into a partnership to create a new joint venture called Extrimian, a new joint venture...Read More
[Featured Content] The crypto derivatives market is having a hard time of late. October began with the news of CFTC civil enforcement action against the centralized crypto derivatives platform BitMEX. BitMEX and its founders, including CEO Arthur Hayes, were charged with operating an unregistered trading platform and violating multiple CFTC regulations, including failing to implement...Read More
[Featured content] Decentralized finance (DeFi) is certainly the hot topic of 2020 and a field where most of the attention in the industry is focused on. That’s not surprising. In a few short months, the total value locked in DeFi protocols has surged from about $500 million to over $11 billion, at the time of...Read More
[Featured content] Cryptocurrency trading is quickly catching up to speed. This year has been nothing but tumultuous for the markets, both legacy and crypto. 2020 started great as all major indices were climbing in an upwards direction – slowly, but steadily. The same can be said about the crypto market. In fact, Bitcoin had an...Read More
[Featured content] Cryptocurrency trading is becoming increasingly popular, and there are plenty of reports backing this up. As CryptoPotato most recently reported, the volume for cryptocurrency derivatives trading reached a new monthly all-time high in May, clocking at upwards of $600 billion. With this in mind, it’s no wonder that users are looking for new...Read More
[Featured content] The cryptocurrency industry is advancing quickly. Trends come and go, highlighting the need for fast, scalable, and developer-friendly blockchains to handle the increasing demand. It’s safe to say that 2020 is the year of decentralized finance (DeFi). The market has grown an astonishing 2000% since March as new DeFi protocols pop up daily....Read More
[Featured Content] Although most aspects of our everyday lives have become more digitized, several industries struggle to catch up. This includes credentials, which continue to be primarily physically issued. While technology has allowed for the emergence of digital credentials, they present numerous challenges including the verification of their authenticity. Blockchain-based company Dock aims to solve...Read More
[Featured Content] Last month, Bitcoin’s difficulty and hashrate hit an all-time high. And while some experts argue increasing hashrate is a bullish price signal, others contend a strong correlation between the two has never existed. Regardless, companies are capitalizing on the value placed on hash power, recognizing not only the varied usage hash power possesses...Read More
[Featured Content] Decentralized Finance (DeFi) took the crypto field by a storm in 2020. The total value locked in various DeFi protocols is just under $10 billion, at the time of this writing. If this doesn’t sound impressive, consider the fact that this number was just about $570 million in March. In other words, the...Read More
[Featured Content] RSK is a popular smart contract platform. It expands the existing functionalities of Bitcoin’s network by delivering greater scalability and the possibility to create, deploy, and import smart contracts on top of Bitcoin’s network. RSKSwap, created by the developer ecosystem, is another contribution to the DEX market, which has seen exponential growth all...Read More
With DeFi’s recent brush with death, investors require an impartial and decentralized rating system to support the most desirable investment decisions and avoid future losses. Here’s why. Decentralized finance (DeFi), an ecosystem for lending and borrowing, continues to defy the odds. Despite a significant crash thanks, in part, to unaudited and scam-like clone projects, the...Read More
[Featured Content] SLOBLOCO 2020 is the first Slovak Blockchain Congress with international participation that will run from November 16th-18th based in Samorin, Slovak Republic. The team behind the Congress has the ambition to fill the conference with 430 participants with approximately 85% exclusively from Slovakia and the Czech Republic with a large portion of attendees...Read More
In the last few years, the blockchain industry has shifted from being a rather niche market mostly comprised of experimental technologies and fledging protocols, to a multi-billion dollar industry full of fintech unicorns and novel platforms that promise to disrupt traditional finance and practically every other industry. Although many countries have been racing to position...Read More
[Featured content] Cryptocurrency trading is growing in popularity by the day. The exciting markets that oftentimes reveal tremendous volatility present serious risks, but also earning opportunities, attracting more and more people. Data from the popular cryptocurrency market monitoring resource CoinMarketCap reveals that the 24-hour trading volume is above $110 billion. As CryptoPotato recently reported, information...Read More
[Featured Content] Exchange platforms are essential components of the crypto world. These platforms provide a place for crypto investors to trade or swap their cryptos and can either be centralized or decentralized. Centralized exchanges require intermediaries and often require KYC procedures, which means that traders cannot remain anonymous when transacting. Besides, in the case of...Read More
[Featured content] The cryptocurrency space has come a long way in the past couple of years. There is a myriad of services that various companies offer, bridging the gap between digital assets and traditional financial markets. One particular field, the interest for which has skyrocketed recently are cryptocurrency-backed fiat loans. In essence, people can now...Read More
[Featured content] Cryptocurrency storage is one of the building blocks and paramount points of consideration for anyone who’s getting involved in the industry. Safekeeping assets is of utmost importance, and as such, picking the solution to do it through remains a decision that needs careful evaluation. CryptX is a digital wallet that claims to provide...Read More
[Featured content] Cryptocurrency derivatives are becoming more and more popular as the market continues to enjoy increased retail attention. Back in June, CryptoPotato reported that the monthly trading volume for cryptocurrency derivatives hit a new all-time high (ATH) with over $602 billion traded in a month. In the first quarter of 2020, Bitcoin-oriented products accounted...Read More
[Featured Content] This year has been nothing short of tumultuous. Back in March, legacy and cryptocurrency markets went through a massive crash caused by the spreading coronavirus. As part of the remedies, the US Government started printing trillions of dollars and pumping them into the economy. And while global indices have recovered and even paint...Read More
[Featured content] Bitcoin is a cryptocurrency that comes with a lot of inherent benefits compared to traditional fiat currencies. Right off the bat, the transactions are peer-to-peer as they require no intermediaries in the face of banks or other institutions. Not only does this make them considerably cheaper, but they are also almost instant. Needless,...Read More
[Featured Content] If Dr. Julian Hosp and U-Zyn Chua, co-founders of the DeFiChain Foundation, were to tell others their unlikely story around co-founding a company together, many would shake their heads in disbelief at the unlikeliness of the sequence of events. DeFiChain started as a fated project from the friendship of two people – U-Zyn,...Read More
The decentralized, peer-to-peer nature of digital currencies has long made them an attractive proposition for people in economically-challenged countries. This isn’t mere speculation. From Venezuela to Turkey, India, and Iran, citizens have flocked to cryptocurrencies as their national currencies have proven volatile in the face of economic turmoil. Now, the co-founder and CEO of IOV...Read More
