How RSK Is Bringing DeFi to Bitcoin
Decentralized finance, better known as “DeFi,” has taken the cryptocurrency industry by storm over recent months. This industry sector has gained increasing traction as investors see the need to earn yields on their capital. DeFi applications have garnered $12 billion in deposits, per a number of data sources. Innovators in the space have found ways to leverage smart contracts to build financial applications, increasing the utility of cryptocurrencies. Furthermore, the concept of decentralized financial services […]
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On December 30, the decentralized finance (defi) platform Detoken and the firm General Protocols announced the launch of Anyhedge, the first public defi product built on the Bitcoin Cash network. Detoken users will be able to hedge or long their bitcoin cash and earn a funding premium while holding their keys in a noncustodial fashion. This week, bitcoin cash (BCH) users will get a chance to leverage the first public defi product built on the BCH blockchain. The team from Detoken and the organization General Protocols recently launched the Anyhedge protocol and Detoken, a noncustodial,....
With backing from Binance Labs, Nigeria's Xend Finance is looking to bring DeFi to the world of local credit unions.
Coinbase has hinted towards decentralized finance (DeFi) apps integration on its platform. The crypto exchange had previously made its interest in the space known and has provided support for various DeFi protocol tokens in the past. However, this would be the first time that the exchange is definitely looking into bringing decentralized finance services to […]
Switzerland-based crypto bank SEBA is adding support for three defi tokens, bringing the number of cryptocurrencies available on its platform to a total of nine. SEBA clients are able to buy, store and trade with fiat any of these cryptos. SEBA Bank Supports the Coins of 3 Defi Protocols With the new tokens, SEBA Bank is not only expanding its offering but entering into the decentralized finance (defi) world, the fintech noted in an official announcement published this week. The financial company believes it’s now supporting “the tokens of the most important defi protocols....
PRESS RELEASE. Yield Finance Farm (YIF) is a high-yield Defi farm that allows you to Stake, Farm, Lend, Borrow, and Earn. Bringing real value to yield farming, it’s a modern-age project designed to meet the demand for financial innovation and improved financial system efficiency through Defi and blockchain technology. It strives to create a decentralized financial ecosystem by used The YIF token to gain full access to all YieldFinanceFarm products. Allowing for community governance orchestrated in building decentralized products, after the launch of the protocol, YieldFinanceFarm....