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.
A StakeHound collaboration allows Dash holders to earn masternode staking rewards and access DeFi services at the same time. Dash (DASH) holders will soon be able to access a wide range of decentralized finance, or DeFi, services through a collaboration with StakeHound.According to an announcement on Oct. 19, tokens which are deposited with StakeHound will also earn network rewards through the Dash masternode system.In order to take advantage of the burgeoning DeFi market, Dash holders must send tokens to StakeHound, who will then instantly generate and send back a wrapped ERC-20....