Itaú Set to Develop a DeFi Liquidity Pool
As part of the Financial and Technological Innovation and Technology Laboratory, Banco Central do Brasil chose Itaú and seven other projects. A decentralized finance (DeFi) liquidity pool from Itaú Unibanco, the biggest private bank in the nation, was chosen by the central bank of Brazil as one of eight new initiatives for its most recent […]
DeFi Protocols, Stablecoins To Be Affected By Merger
DappRadar says that switching to proof-of-stake could lower the value of stablecoins and reduce the size of lending pools if the Merger should go through. A new DappRadar report released on Friday says that Ethereum’s upcoming Merger could greatly affect how DeFi protocols work on crypto’s most popular decentralized finance chain. The study focuses on […]
Cross Chain Aggregation Is The Future of DeFi
Price and volume are two separate parts of any successful trade. When the market is volatile, everyone tends to focus on the first factor, which is Cross Chain Aggregation price. This number is easy to find and make sense of. But it’s mostly just a guess without knowing how much is behind that price. As […]
Ripple exec says DeFi needs ‘killer app’ to advance to next level
According to the head of DeFi markets at Ripple Lab, a “killer app” for consumers is what will be required to advance the decentralized finance (DeFi) industry to a point where it attracts a wide audience. The future of decentralized finance (DeFi) and what needs to be done to promote widespread adoption were questions that […]
Huobi Global launches $1B DeFi, Web3 focused investment arm
Huobi Global has launched a new investment arm focused on decentralized finance (DeFi) and Web3 initiatives, demonstrating the growing interest in the blockchain economy among venture capitalists. According to a Huobi spokeswoman, the new investment arm, dubbed Ivy Blocks, has over $1 billion in crypto assets under control to deploy. The funds will be used […]