Tag: DeFi

There is a lot of evidence that Litecoin, often referred to as “digital silver”, is gearing up for a new surge in popularity. Although, despite all accumulated experience and recognition, it is becoming increasingly difficult for the cryptocoin to compete with more recent developments. The number of unique Litecoin addresses has grown by 47% over…

Amazon is hiring a digital currency and blockchain expert for its payments team. Although, for now, the major retailer doesn’t accept any cryptocurrencies as payment for its products, the posting might signals that Amazon is taking a more serious look at crypto. Amazon is seeking to hire an “experienced product leader to develop Amazon’s Digital…

Decentralized derivatives exchange SynFutures launched the DeFi futures, letting miners hedging against Bitcoin mining difficulty and all the factors affecting their mining returns. SynFutures announced a new product called Bitcoin Hash Rate Futures that uses the mining difficulty of Bitcoin as a basis to open long or short positions. The new offering is described as…

Digital asset manager Grayscale Investments is launching a DeFi Fund and index, as announced by Grayscale CEO Michael Sonnenshein. The new fund joins a growing number of offerings to help investors easily bet on decentralized finance (DeFi). Grayscale Investments, the world’s largest digital currency asset manager, and CoinDesk Indexes, a subsidiary of CoinDesk Inc., the…

Square CEO Jack Dorsey announced on Twitter the fintech company to create a new standalone business that will act as a platform for developers to build decentralized finance (DeFi) projects based on Bitcoin. The new business will combine the efforts of CashApp, Seller, and Tidal in the same goal of decentralized financial services. Dorsey named…

On July 12, the Kava Project will launch its next testnet. While not exactly a large-scale event, it is still a good reason to take a closer look at this project. The mission of the Kava Project is to become a universal intermediary between various DeFi networks, as well as between the world of decentralized…