Nimbus Project: Redefining the DeFi Space
The term FinTech – short for financial technology is relatively new, popularized by over a decade-old cryptocurrency revolution. The latest development in the blockchain-backed FinTech industry is decentralized finance (DeFi). What makes DeFi special is its potential to provide alternatives to many traditional financial products and services at a fraction of the cost while reducing […]
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The Nimbus FinTech platform has accumulated 50,000 users since its founding in 2019. The official launch of their new products, Nimbus DeFi Platform and native utility token NBU is planned for 27th January 2021. Nimbus Platform will be a full-scale DAO-governed ecosystem of four decentralized applications (dApps), based on the best practices of both DeFi […]
PRESS RELEASE. XRPayNet has been making major progress in the DeFi space this year. Their recent launch of a versatile mobile application has allowed users to trade with freedom. The app tautes the flexibility to trade with 90,000 trading pairs available for use. This vast expansion of technology and availability has been a widely positive first impression from its customers. XRPayNet makes major strides towards the goal of converting crypto payments made to businesses that use existing processing systems to give the business their payment back in their conventional currency. With another....
The cryptocurrency space in recent times has seen and experienced a drastic and exponential growth, this is a result of decentralized finance (DeFi) which has taken an entirely new dimension and has attracted lots of positive attention around it. As at the time of writing, the total DeFi market capitalization is over $14B. This shows the vibe around DeFi is huge and has seen an astronomic growth in just a few years. And the party is just getting started as many areas are yet to be explored. The BSE Presale As we have partnered with LID Protocol, the Buy-Sell has earlier made it known about....
The decentralized finance (DeFi) space was rocked last morning by news that Nexus Mutual founder Hugh Karp was hit with a personal attack. His project, a decentralized mutual product to allow users to hedge against risks in the DeFi space, was not directly affected. But, his personal account, which contained over $8 million worth of […]
On August 28, the Bitcoin Cash-based decentralized finance (defi) platform Detoken announced the project is closing its doors on September 4, 2021. The project’s founder, Semyon Germanovich, explained that the main reason for shutting the defi project down is because of the “changing regulatory outlook on cryptocurrency derivatives.” Defi Project Detoken to Shut Down Operations on September 4 In December 2020, Bitcoin.com News reported on the defi platform called Detoken, a project that allowed users to hedge or long their bitcoin cash (BCH) in a noncustodial fashion.....