2020-9-26 04:00 |
It’s been quite the year for DeFi.
The post Responding to 1,000%+ spike in Ethereum fees, Synthetix is testing layer-2 tech appeared first on CryptoSlate.
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Blockchain entrepreneur Tyler Smith tweeted this week on how the protocol is primed to see widespread technological progress this year; led by DeFi and layer-2 tech. dApps to Bolster ETH Tech Smith’s viral tweet talked about the various implementations and technical specifications coming to the world’s second-largest cryptocurrency in the next “6 to 12 months.
2020-7-9 15:07 | |
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Synthetix, an Ethereum-based decentralized finance (DeFi) app, launched the full suite of its on-chain synthetic derivatives yesterday, as per an announcement. The post You can now trade FAANG stocks on Ethereum DeFi app Synthetix appeared first on CryptoSlate.
Yesterday saw the launch of an easy “shorting” provision for users of the DeFi app, shooting the prices of its token by 11%. The post Synthetix (SNX) ‘Bellatrix’ update makes “shorting” easy for DeFi users appeared first on CryptoSlate.
The metal gained over 11% in the past day, setting an eight-year high price. The post Synthetix launches sXAG markets as internet traders begin pumping silver appeared first on CryptoSlate.
Congestion has been a theme for Ethereum over the past few months.
The post The future of finance: Synthetix just launched staking on Optimistic Ethereum appeared first on CryptoSlate.
For most of the past 48 hours, the crypto market was blood red.
The post Synthetix DeFies odds, surges 30% despite Ethereum drop from year-to-date highs appeared first on CryptoSlate.
Like many other exchanges, Coinbase has been focusing on decentralized finance (DeFi) over the past few months. The rise of decentralized exchange platforms such as Uniswap has begun to eat at the market share of these centralized exchanges.
Earlier this week, the decentralized finance (DeFi) market was in a state of capitulation. Top coins pertaining to this space were plunging by dozens of percent over the span of a day or two, including “blue chip” names like Yearn.