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The CFTC fines Tether and Bitfinex $42.5 million on allegations of making untrue claims.

To ensure accurate price information for listed assets, it integrated Band Protocol's price oracles. The move will allow users to use stake assets for different applications in the DeFi sector. Fantom — a scalable, fast, and secure platform for DeFi, supply chains, and even crypto payments — just launched a new DeFi protocol called Liquid Staking. The service combined its own technology with Band Protocol’s (BAND) decentralized price oracles to bring liquidity to stake assets on its layer-1 protocol, and being the first project in crypto history to ever do so. Fantom launches a brand ne...

Fantom Launches Liquid Staking and Synthetic Assets in Partnership With Band Protocol SYDNEY, AUSTRALIA / ACCESSWIRE / December 10, 2020 / Fantom has launched Liquid Staking, a defi protocol with decentralized price oracles provided by Band Protocol. For the first time on a layer-1 protocol, staked assets can become liquid, enabling them to be used for an array of decentralized finance applications. Fantom users can now mint sFTM, a synthetic asset, in a 1:1 ratio to their delegated FTM, before deploying sFTM within the Fantom Finance ecosystem. Liquid Staking enables users to trade synthetic...