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Ethereum Addresses and Hash Rate Hit New Record Highs Amid DeFi Hype and Surging Fees

Ethereum Addresses and Hash Rate Hit New Record Highs Amid DeFi Hype and Surging Fees

Although taking a slight dip earlier on in the year, Ether has remained a high performer in 2020, while outpacing the gains made by Bitcoin.

Cryptocurrency Market Outperforms Gold in 2020, Mostly Due to DeFi Hype

Cryptocurrency Market Outperforms Gold in 2020, Mostly Due to DeFi Hype

According to the Bloomberg Galaxy Crypto Index, cryptos have been performing up by 66 percent in 2020, exceeding that of gold’s performance by 20 percent.

Mainstream Adoption of DeFi and DLT Is Coming, It Will Replace Banks, Says US Currency Comptroller

Mainstream Adoption of DeFi and DLT Is Coming, It Will Replace Banks, Says US Currency Comptroller

The US acting Comptroller of the Currency disclosed that roles played by banks will soon change due to cryptocurrencies and decentralized finance (DeFi).

Total Value Locked in DeFi Hits $30 Billion as Positive Sentiment Surrounds Cryptocurrency Market

Total Value Locked in DeFi Hits $30 Billion as Positive Sentiment Surrounds Cryptocurrency Market

The Total Value Locked (TVL) in DeFi has topped a new all-time high at $30 billion.

DeFi to Reach $20 Billion in Total Value Locked by the end of 2020

DeFi to Reach $20 Billion in Total Value Locked by the end of 2020

The decentralized finance (DeFi) industry recently reached over $15 billion in total value locked before dropping back to $14 billion in TVL.

Ethereum and DeFi Tokens Plummet Amid High Selling Pressure

Ethereum and DeFi Tokens Plummet Amid High Selling Pressure

Popular DeFi tokens, including Yearn.finance (YFI), and Uniswap (UNI) have also witnessed strong corrections in the past few days.

3 Platforms Making DeFi More Inclusive

3 Platforms Making DeFi More Inclusive

Decentralized finance (DeFi) is taking the world by storm. Owners of cryptocurrencies can unlock an alternative financial system that offers better rewards than traditional bank accounts and carries more risk. Several trends in the DeFi space are emerging lately, as are the new protocols trying to capitalize on this momentum.

Infinito And Paxful Partner to Accelerate Cryptocurrency Adoption Across the World

Infinito And Paxful Partner to Accelerate Cryptocurrency Adoption Across the World

Infinito has partnered with Paxful to support cryptocurrency adoption globally.

Ethereum’s DeFi Trades Skyrocketed in Q3 2020, but Bitcoin Volume Declined

Ethereum’s DeFi Trades Skyrocketed in Q3 2020, but Bitcoin Volume Declined

A quarterly report from eToro indicated that while DeFi sector was bullish in 2020’s third quarter (Q3), Bitcoin trades decreased in contrast.

Twitter CEO Jack Dorsey Explains Why Bitcoin is "The Best Internet Currency"

Twitter CEO Jack Dorsey Explains Why Bitcoin is "The Best Internet Currency"

Bitcoin (BTC) and DeFi tokens have been all the rage lately, with crypto investors anticipating BTC’s next bull run and the DeFi industry booming in growth.

Algorand Protocol Stateful Smart Contract Upgrade Targets Scalable DeFi Solutions and Dapps

Algorand Protocol Stateful Smart Contract Upgrade Targets Scalable DeFi Solutions and Dapps

Algorand is entering the decentralized finance (DeFI) ecosystem with its new highly scalable stateful smart contract capabilities.

Blockpass Supports Permissionless DeFi Protocol UniLend Fundraiser with KYC & AML Screening

Blockpass Supports Permissionless DeFi Protocol UniLend Fundraiser with KYC & AML Screening

HONG KONG, Nov 24, 2020 - (ACN Newswire) - Blockpass today announced a successful working partnership with UniLend, the decentralised finance (DeFi) platform. UniLend recently conducted a successful fundraiser, with Blockpass providing the requisite KYC and AML provision in order to meet regulatory compliance. By handling the compliance measures, the UniLend team were able to focus their efforts on the actual fundraising process.

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