Onomy, a Cosmos blockchain-based ecosystem, simply secured million from buyers for the event of its new The mission merges decentralized finance (DeFi) and the overseas change market (FX) to carry the latter on the builders, the newest funding…
DeFi
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Bitcoin NewsNews
Crypto and fiat savers are making a deadly error — and DeFi can come to the rescue
by Jeremyby JeremyThere is no escaping it: the DeFi markets have cooled down over the previous breaking $180 billion in complete worth locked final November — coinciding with Bitcoin racing to a brand new all-time excessive of $68,700 — information from…
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Altcoin NewsNews
FTX confirmed the worth of utilizing DeFi platforms as a substitute of gatekeepers
by Jeremyby JeremyMonetary markets transfer, as Willie Nelson as soon as stated, in phases and phases, circles and Corporations develop concepts, develop shortly, ignite unwarranted investor euphoria after which implode — solely to seed the bottom for the subsequent firm, the…
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Altcoin NewsNews
DeFi platforms see income amid FTX collapse and CEX exodus: Finance Redefined
by Jeremyby JeremyThe FTX collapse has created a way of uncertainty amongst massive and retail traders alike, who will not be very positive whether or not they need to maintain their funds on centralized exchanges or The dilemma has led to…
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How will FTX’s collapse gas the case for decentralized finance? Supply hyperlink
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Altcoin NewsNews
Banks nonetheless present curiosity in digital property and DeFi amid market chaos
by Jeremyby JeremyMost lately, JPMorgan demonstrated how DeFi can be utilized to enhance cross-border This got here shortly after BNY Mellon — America’s oldest financial institution — introduced the launch of its Digital Asset Custody Platform, which permits choose institutional purchasers…
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Exchanges
KuCoin CEO Johnny Lyu confirms alternate ‘totally liquid,’ talks regulation and the way forward for DeFi – SlateCast #31
by Jeremyby Jeremy“Establishments and exchanges are all keen to increase a serving to hand for this disaster to go away as quickly as doable so all the pieces can return to normality once reiterated that KuCoin’s proof of reserves and third-party…
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DeFi earnings spotlight optimistic income for some protocolsIn response to Token Terminal’s earnings leaderboard, within the final seven days, three protocols had income above $1 Ethereum led the on-chain earnings with over million whole, an indication of sturdy post-Merge…
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1/ The MAPS and Oxygen groups are shocked by occasions regarding FTX Group’s chapter Oxygen – Decentralized Prime Brokerage (@Oxygen_protocol) November 15, 2022The assertion stated the struggling crypto agency didn’t have any fairness in its enterprise, but it surely…