USDC

Ham to Improve on Yam With Latest DeFi Experiment

Source Node: https://beincrypto.com/ham-to-improve-on-yam-with-latest-defi-experiment/
Time Stamp: August 18, 2020 1:13 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

The Yam yield farming frenzy that took DeFi by storm last week highlighted a number of elements that could have been improved with the launch. A new offering called Ham aims to right the wrongs and improve on Yam with a truly community-driven project. There were several flaws with the Yam launch, but the ultimate reason was that it had to be rescued by whales. This pretty much negates any progress made on the path to becoming a truly democratic and community-governed monetary system. A migration plan proposed late last

Cointelegraph Launches Newsletter for Professional Investors

Source Node: https://cointelegraph.com/news/cointelegraph-launches-newsletter-for-professional-investors
Time Stamp: August 12, 2020 10:31 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Every 1st and 15th, Cointelegraph Consulting provides the latest inside scoop on cryptocurrency price action and rationale in its Market Insights newsletter. Here’s a preview of one of this month’s editions. Editor’s noteCrypto asset prices have flown upward in recent weeks, with various altcoins posting gains reminiscent of the great 2017 digital asset bubble. Assets such as Chainlink (LINK) and Band Protocol (BAND) have tallied triple digits percentage gains. Bitcoin (BTC), the industry’s pioneer asset, has also shown significant upside action. The asset travelled up slightly past $12,000 on Aug. 2 before

dYdX Full Guide: A DeFi Margin DEX

Source Node: https://www.asiacryptotoday.com/dydx-guide/
Time Stamp: August 5, 2020 6:52 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

DeFi protocol dYdX might seem like another trading and lending platform based on Ethereum, but that’ only the tip of the iceberg. Probing further, you’ll find out that this protocol is challenging the status quo to take Decentralized Finance to new heights. Margin trading, derivatives, and options are the relevant tools that power traders use. Unfortunately, in the crypto space, these tools are mostly available only on centralized exchanges like Binance, Huobi, and Kraken. With dYdX, the entire traditional trading spectacle is now built in a permissionless and decentralized mechanism. Table

mStable DeFi Guide: Ultimate Stablecoin Solution

Source Node: https://www.asiacryptotoday.com/mstable/
Time Stamp: August 4, 2020 10:44 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

mStable is a newly launched DeFi protocol aimed at streamlining the application of stablecoins in a unified ecosystem it aims to create. There are many projects that seek to increase the adoption of cryptos by linking them to traditional financial systems. Stablecoins, for one, have been created to do just that. Using blockchain and smart contracts, the crypto community has devised a way to make digital asset representation of fiat currencies. But even behind the recent developments surrounding stablecoins, a concern still remains: the assets that back the number of

Rune Christensen: ‘Our Job Is to Support Whatever the Maker Community Decides’

Source Node: https://cointelegraph.com/news/rune-christensen-our-job-is-to-support-whatever-the-maker-community-decides
Time Stamp: April 6, 2020 3:41 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

As the dust begins to settle over MakerDAO’s Black Thursday incident, the team is now returning to a normal working pace. We took the opportunity to catch up with Rune Christensen, one of the original founders of the protocol, for a full recap of the situation and what it means for Maker (MKR). Christensen had been oddly quiet as the events were unfolding, never joining any forum discussion or issuing comments to the media — until now.MakerDAO provides users with stable DAI cryptocurrency in exchange for their volatile crypto holdings, and

Both Crypto Derivatives and Spot Markets Post Record Volume in March

Source Node: https://cointelegraph.com/news/both-crypto-derivatives-and-spot-markets-post-record-volume-in-march
Time Stamp: April 5, 2020 3:06 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

CryptoCompare has published its monthly report analyzing the trade activity on crypto exchanges.The record-breaking crash of March 12 and 13 drove new all-time volume highs in both the spot and derivatives markets.March 13 sets record for daily spot tradesThe report states that March 13 produced the single greatest volume in the history of crypto assets — with all exchanges and markets producing $75.9 billion in trade activity over 24 hours.$54.3 billion of 71.5% of trades came from ‘Lower Tier’ exchanges, while ‘Top Tier’ exchanges generated $21.6 billion in volume.Despite Binance

Crypto Rating Council Reveals New Cryptocurrency Scores for Brave and Other Assets

Source Node: https://insidebitcoins.com/news/crypto-rating-council-reveals-new-cryptocurrency-scores-for-brave-and-other-assets/256534
Time Stamp: April 3, 2020 10:12 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

The Crypto Rating Council (CRC) is changing up some of its scores. In fact, it’s adding three whole new ones on top of adjusting some previous ones as well.These three brand new scores are for Brave Browser’s Basic Attention Token (BAT), USDCoin (USDC), and IOTA (IOTA), a blog report from the council notes.Of course, these assets are “traded, transacted or supported in some capacity as a non-security by at least one CRC member’s U.S. business,” which is part of the criteria for listing them.Then, it changed the scores it has