Bitcoin Backed Token Announced By Coinbase: BTC Holders Can Now Access DeFi A...
Bitcoin has surged over 5% since Wednesday, but volatility and uncertainty have clouded the past few weeks. However, a significant announcement from Coinbase is bringing fresh optimism for BTC holders eager to explore DeFi opportunities. Related Reading: Is BTC Price The Key to Mining Stock Success? On-Chain Analysis Exposes True Impact As of yesterday, Coinbase […]
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Gold-backed Ethereum token offering Digix (sale.digix.io) has completed its crowdsale, opening up decentralized gold-backed smart contracts to anyone. The democratic autonomous organization (DAO) achieved over $5.5 million USD funding in 12 hours upon the start of the crowdsale on March 30. Now, along with the launch of trading later this month,....
The cryptocurrency exchange Coinbase has revealed that it has made decentralized finance (defi) more accessible by giving Coinbase customers from over 70 countries access to earning yield on the stablecoin DAI. Coinbase claims the process is simple with “no fees, lockups, or set-up hassle,” as the firm believes “defi has tremendous potential to help increase economic freedom.”
Coinbase Now Offers Yield on the Defi Stablecoin Issued by Makerdao
Coinbase has announced that it has opened up decentralized finance (defi) services to customers in more than....
Stacks is bridging decentralized finance and the Bitcoin network. BitGo users will now have access to BTC yield directly through STX tokens. Beginning Monday, BitGo will offer institutional token holders the ability to earn Bitcoin rewards through the Stacks token, which is also known as STX. Through a process known as Stacking, STX token holders can earn BTC rewards directly in their wallets. Unlike other yield-earning services, BTC rewards generated through Stacking are not based on a lending auction, which means STX token holders do not need to lend their funds. Rather, Stacks claims....
Coinbase announced Saturday it plans to support an airdrop that has been seen as a factor in boosting XRP’s price in recent weeks.
EasyFi Network, the universal layer 2 DeFi lending protocol for digital assets has announced support for the Coinbase wallet on its app. Starting November 24, over 73 million Coinbase wallet users can directly access funds from their wallets to participate in lending, farming, and staking activities on EasyFi over Polygon Network. Considering that the Coinbase wallet is quite popular among new crypto users, the integration enables EasyFi to introduce quality DeFi solutions to them early on. Coinbase Wallet is one among multiple native wallet integrations planned by the platform as a part....