Bulls are back, but regulatory fears hamper the DeFi and altcoin recovery Bitcoin is staging a comeback, but the lingering threat of regulation continues to weigh on DeFi tokens and select altcoins. 4389 Total views Market Analysis
On May 19, the total cryptocurrency market capitalization nosedived by 19% and has since failed to recover to the $1.8 trillion mark. More than 40 days have passed, and investors have begun to question what could happen to altcoins if the current bear market takes longer than expected to recover.
Before digging into that, analysts first need to understand whether specific sectors held out better than most, and more importantly, they should distinguish which cryptocurrencies have managed to stay afloat over the past 30 days.
Total Value Locked in DeFi Projects Crosses $20 Billion Benchmark
Jan 6 2021 · 14:55 UTC by Benjamin Godfrey · 3 min read
Photo: Depositphotos
You have successfully joined our subscriber list.
However, the total number of Ethereum locked up in DeFi plunged from 9.4 million ETH in mid-late October to the current 6.8 million ETH locked up at the time of writing.
The Total Value Locked (TVL) in all of the Decentralized Finance (DeFi) applications have crossed the $20 billion benchmark according to data from analytics firm DeFi Pulse. Per the data, the TVL locked in terms of United States Dollar is $20.57 billion with Ethereum-based lending protocol Maker, the issuer of the DAI stablecoin taking the lead position with a total of $4.12 billion locked.
Digital Asset Exchange Coinbase Adds DeFi Tokens Aave, Bancor (BNT), Synthetix (SNX)
December 16, 2020 @ 10:01 pm By Omar Faridi
Digital asset exchange Coinbase has announced that it has added Aave (AAVE), Bancor (BNT) and Synthetix Network Token (SNX). All three cryptocurrencies are available for trading on the US-based trading platform.
The Coinbase team noted that beginning today (December 16, 2020), the exchange will support AAVE, BNT, and SNX trading on Coinbase.com and in the Coinbase Android and iOS apps. Coinbase users are now able to purchase, sell, convert, send, receive, or store these digital tokens. All three virtual currencies are available in “all Coinbase-supported regions, with the exception of New York State (due to regulatory restrictions),” the exchange confirmed.
NanoVMs Launches Investment Round On StartEngine
NanoVMs, the unikernel infrastructurecompany that runs software faster andsafer than Linux has launched aninvesting campaign with StartEngine.The startup has already raised over .
Wallet Factory and Belize Bank to build a mobile payment platform and digital wallet in Belize
Wallet Factory and Belize Bank tobuild a mobile payment platform anddigital wallet in Belize March 29,2021 – Wallet Factory, an .
Provider of SaaS for Financial Institutions Fininbox Doubled Revenue in 2020
March 11th, 2021. According to AntonZujev, Head of Business Developmentand Sales at Fininbox, the doublingof revenue even during the pandemic .
BuildStream launches investment round on Republic
YC Funded BuildStream LaunchesInvestment Campaign for Supply ChainQuality Inspection Marketplace App,Raising $1M From Users and the Crowd.NEW YORK, Feb 21, 2021 .