[ad_2][ad_1] In the letter Wrapped ETC will allow Ethereum Classic users to participate in DeFi on the Ethereum blockchain. Ethereum Classic users will now have greater access to the DeFi market of expanding decentralized finance. Activity and interest in the DeFi market have grown rapidly since June. This is not …
Read More »Ethereum Classic Labs launches Wrapped ETC to facilitate DeFi participation by the Ethereum Classic community
[ad_2][ad_1] The realities of a global pandemic and economic crisis are solidifying DeFi as an integral part of the rapidly expanding digital economy. SAN FRANCISCO (PRWEB) November 18, 2020 Ethereum Classic Labs (ETC Labs), the main proponent of the Ethereum Classic blockchain, releases Wrapped ETC (WETC) to include Ethereum Classic …
Read More »Ethereum Classic gets DeFi treatment with ETC wrapped
[ad_2][ad_1] Ethereum Classic wants to play in the decentralized finance (DeFi) space of the blockchain from which it controversially split in 2016. Announced Wednesday, Ethereum Classic Labs, ETC’s biggest blockchain advocate, has released Wrapped ETC (WETC), an ERC-20 token that allows ETC holders to participate in Ethereum-based DeFi services such …
Read More »How DeFi can improve the e-commerce sector
[ad_2][ad_1] Decentralized finance and shopping seem an unusual combination at first. How can liquidity pools help you save money at checkout? But scratch a little deeper and some compelling use cases for DeFi emerge. With the retail industry going through one of the toughest times seen in a generation, here …
Read More »Trends in Ethereum DeFi in Q3 2020
[ad_2][ad_1] Three trends defined Ethereum DeFi in the third quarter of 2020: 1) The Rise of Automated Market Maker (AMMs) 2) Governance tokens and agricultural yield 3) Forks, derivatives and network effects 4) and “strange DeFi”. The Rise of Automated Market Maker (AMMs) Fashion: While stablecoins and lending platforms have …
Read More »“Wake up and smell the coffee”: regulation is coming to DeFi, says expert
[ad_2][ad_1] Ever since the Financial Action Task Force, or FATF, introduced its controversial “travel rule” for companies into the crypto space, the debate over the suitability of regulatory frameworks established for cryptocurrencies has been inexorable. Some experts, however, believe the industry’s experience with the FATF guidelines is just the tip …
Read More »Origin Defi Protocol Suffers Massive Flash Lending Attack – Stablecoin OUSD Value Drops 85%
[ad_2][ad_1] OUSD stablecoin issuer, Origin Protocol is the latest Defi protocol to fall victim to a flash lending attack. The attack, which took place in the early hours of Tuesday, November 17, resulted in the disappearance of tokens worth millions of dollars. Confirming the attack, one of the leaders of …
Read More »This Ethereum-based DeFi token has risen by 3,000% in the last week alone
[ad_2][ad_1] It appears that “mimicking” in the new decentralized finance (DeFi) coins is back in vogue with the pumping of Bitcoin, Ethereum moving towards its summer highs and money moving right along the DeFi risk curve. A new Ethereum-based coin has increased by 3000% in the past week. ZLOT increases …
Read More »Ethereum Yield (ETHY) ready to launch in the DeFi area
[ad_2][ad_1] ETHY is the powerful Ethereum Yield Agriculture Coin. ETHY’s smart-contract Vault executes strategies to maximize APY, reward holders, and punish weak hands. Super Liquid Users are incentivized to stake Uniswap liquidity provider tokens. The fees for these tokens are billed. A percentage of these fees go towards standalone strategies …
Read More »As DeFi grows, investors look to Polkadot as the next Ethereum
[ad_2][ad_1] Look no further than this year’s rapid growth in the scorching arena of decentralized finance, or DeFi, and it’s clear why the Ethereum blockchain is dominating so many conversations right now in the digital asset industry. The blockchain’s second largest native cryptocurrency, ether (ETH), has increased by 266% this …
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