Ethereum DeFi Service Porter Finance Shutters Bond Platform, Citing Lack of 'Lending Demand'

2022-7-6 12:44

The venture capital-backed Porter Finance said the lack of “institutional fixed income DeFi adoption” drove its decision.

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Meme Kong – Setting The Standard For Meme Coins

Meme Kong is a brand new, full utility token project providing investor benefits that most meme community tokens lack. Launched on February 2, 2022, $MKONG is completely decentralized finance (DeFi), ERC-20 token, created by a fully doxxed team with a vision to create a safe, vetted project that provides its holders with a reason to […] The post Meme Kong – Setting The Standard For Meme Coins appeared first on NFT News Today.

2022-3-28 15:23


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Crypto For Everyone With AnchorSwap’s Diverse Ecosystem

The world of decentralized finance (DeFi) opened up an enormous opportunity for crypto enthusiasts and novices. Despite the advancements of this decentralized crypto niche, there is still a lack of DeFi applications and platforms that provide the entire DeFi services spectrum in one place, including DEX, Yield Farming, NFTs, crypto wallet, and other services. AnchorSwap […]

2021-12-14 20:24


VCs and Insiders in DeFi Creating A “Two Tier Market” at The Expense of Retail, says SEC Commissioner

A top US Securities and Exchange Commission (SEC) raised new concerns about decentralized finance (DeFi) this week. In an op-ed published Tuesday, SEC Commissioner Caroline Crenshaw called the lack of transparency and pseudonymity of DeFi “structural hurdles” holding the market’s development back.

2021-11-11 21:41


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Analyst: Yearn.finance (YFI) is “Finished” as Technical Outlook Grows Grim

Yearn.finance’s governance token YFI saw a notable rebound from its recent lows overnight, which comes as sentiment surrounding the crypto remains incredibly low. A fragmented community coupled with a lack of momentum in the aggregated DeFi space has created serious headwinds for YFI, which is now trading down well over 50% from its recent highs. […]

2020-10-16 19:00


New York Times Says Cyber Criminals Are Using Bitcoin to Get Around Sanctions

Bitcoin is not an anonymous asset and can be tracked. A promotional video from Hamas encourages individuals to donate to their cause with Bitcoin. The traditional finance market has been worried about a few of Bitcoin’s attributes, but proponents have largely focused on the blockchain’s lack of anonymity as a reason that criminals would be […]

2019-8-20 23:35


Billionaire Who Predicted Trump’s Rise Says Ex Starbucks CEO Doesn’t Have the Beans for 2020 Presidential Race

CEO of DoubleLine Capital Jeffrey Gundlach says the recently announced presidential run by former Starbucks CEO Howard Schultz will probably be short-lived. Gundlach, who was ahead of the pack in anticipating a Trump presidential win in 2016, says the former coffee magnate lacks the physical constitution for a head to head battle against Trump.

2019-2-18 18:54


Berkeley Professor Questions Stablecoin Viability in Unflattering Op-Ed

University of Berkeley Professor Barry Eichengreen has taken a swipe at the viability of stablecoins in an op-ed published on Project Syndicate. The critique, entitled “The Stable-Coin Myth,” argues stablecoins are not automatically "viable" just because they are pegged to an asset, though Eichengreen does believe they have an advantage over "conventional cryptocurrencies" such as bitcoin which he says "is highly unstable" and "unattractive as units of account.

2018-9-13 18:07