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Just when you thought DeFi couldn’t get crazier, there’s now a method to burrow loans on zero capital. Borrow crypto with no capital Aave’s new Credit Delegation (CD) tool allows depositors to delegate their credit lines to others, project founder Stani Kulechov said on a tweet Tuesday. The process allows delegated participants to borrow loans […]

The Synthetix Network Token (SNX) has seen a parabolic price surge over the past month as the decentralized finance sector sees some explosive growth. SNX’s rise is coming about as only an extremely limited quantity trade on exchanges, with its current demand far exceeding its circulating supply. This has helped fuel its price rise but […]

Kyber Network staking pools now lock over $15 million in user funds, signaling application health and strong long-term fundamentals for the company. Up to $15 million in 24 hours One day after the launch of Katalyst, Kyber Network pools are harboring over $15 million in user funds. The former is a network upgrade that incentivizes […]

Even though Bitcoin and other top cryptocurrencies are stalling, Cardano’s ADA has continued to rip higher over recent days. The cryptocurrency recently eclipsed $0.11, which is the highest price it has traded at in over a year and a half. With this latest move higher, ADA is easily outperforming a majority of other large-cap cryptocurrencies, […]

Throughout the crypto market’s consolidation phase, the total supply of circulating stablecoins has been on the rise. Because this rise has come about independent of any type of notable selloff in the market, it appears that investors are pouring fresh capital into these digital assets. There are likely two primary factors causing this rise, including […]

While global businesses reeling from the implications of the ongoing pandemic, development is blooming in the cryptocurrency space. And if all goes well, the community might see a Cardano-Litecoin branded product or project soon. ADA-LTC shake hands Earlier today, Cardano co-founder Charles Hoskinson reached out to Litecoin co-founder Charlie Lee on Twitter—armed with an invitation […]

Robert Leshner, the founder of Compound, has voted against the latest proposal to increase the WBTC collateral factor on the platform from 0 to 65 percent. Leshner defended his decision by saying collateral in WBTC was currently too risky due to low liquidity and a high possibility of a technical flaw that could wipe out […]

Ethereum’s stagnant price action has come about despite there being plenty of positive developments within the broader ETH ecosystem. The growth incurred by the ETH-based DeFi sector has fueled a myriad of narratives regarding the fundamental strength of the cryptocurrency, but this has yet to translate into any positive price action. One data analyst is […]

Cardano could see Presidential coins issued on its platform in order to demonstrate its multi-asset standard, Charles Hoskinson said in his latest AMA. IOHK is considering coins to commemorate Kanye West and Brock Pierce’s presidential campaigns. The coin itself wouldn’t be affiliated with Kanye, but the number of coins issues will match the number of […]

The ever-awaited altseason — a colloquial term for pumping altcoin markets — has arrived earlier than expected, if some analysts are to be believed. Leading the pump is DOGE, the self-styled meme coin used by Shiba Inu dogs, with gains of over 20 percent on June 6. The surge is attributed to a viral TikTok […]