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Tag: DeFi
Earn Free $3 HOPR | HOPR Coinbase Quiz Answers
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io Questions and Answers: Question: What function of the HOPR protocol’s messaging layer is known as “hopping”? Answer: Routing data through multiple nodes to protect the privacy of the sender and receiver Question: How can token holders earn HOPR NFTs to boost their staking rewards? Answer: By participating in HOPR’s testing, governance and promotional activities Question: What does HOPR envision for the future? Answer: Expanding its use case across various industries and creating a DAO If you are not part of Coinbase yet,…
DeFi platform Oasis to block wallet addresses deemed at-risk
According to a new community Discord post on Thursday, decentralized finance platform Oasis.app says that sanctioned addresses will no longer be able to access the application. As a result of the change to the terms of service, wallets flagged as high risk are prohibited from using Oasis.app to manage positions or withdraw funds. Instead, such category of users must interact directly with the relevant underlying protocol where funds are stored or find another service. In explaining the decision, Oasis.app team member Gabriel said: “We’ve recently needed to update the Terms…
Maven 11 launches $30M lending pool on Maple as borrowers turn to DeFi
Netherlands-based crypto investment firm Maven 11 has launched its third lending pool on Maple Finance, giving borrowers access to liquidity amid the bear market. The $30 million pool financed by institutional lenders will be utilized by trading firms that include Wintermute, Auros and Flow Traders, among others, Maven 11 announced this week. The new pool is designed โspecifically for institutions looking for yield opportunities,โ the company said. Maple, a decentralized finance credit platform, is filling a void left by the implosion of leading centralized finance (CeFi) companies such as Celsius.…
How DeFi Can Deliver Value for Artists and Musicians
The music industry is notorious for short-changing artists. In what has become an all-too-familiar story, a musician creates a song that shapes culture, only to have distributors and middlemen profit from their talent, leaving the original creator with few, if any, royalties. Taylor Swift, indie bands, rappers from the East Coast to the West: It seems as though every artist is destined to fall into the same trap from the same vested interest groups. While streaming services were intended to democratize the industry, allowing talent to explode without gatekeepers, artists…
Maple Finance, a DeFi Platform for Institutional Lending, Unveils $40M Liquidity Pool
The Maven 11 pool will provide loans to crypto market makers, or large firms that provide enough money to exchanges to stabilize trading. Borrowers for the pool include Wintermute, Bastion, Flow Traders, Nibbio and Folkvang Trading. In return, the lenders will receive yield from the market makers. Source
Maple, a DeFi Platform for Institutional Lending, Unveils New $30M Liquidity Pool
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Tesla VERKAUFT Bitcoin: Trotzdem BOTTOM erreicht? Meine Strategie exposed! | Crypto News
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Defi Attacker Siphons $570,000 From Curve Finance, Crypto Exchange Fixedfloat Freezes 112 Ethereum โ Bitcoin News
Reports indicate that the decentralized finance (defi) protocol Curve was hacked for $570,000 in ethereum after people noticed that Curveโs front end was exploited. The attackers then tried to launder the funds via the crypto exchange Fixedfloat, and the trading platformโs team managed to freeze $200K worth of the stolen funds. Curve Finance Exploited for $570K โ Fixedfloat Exchange Freezes More Than $200K, Domain Service Blamed Another defi hack was discovered on August 9, when the Paradigm researcher Samczsun tweeted that Curve Financeโs frontend was compromised. Curve Finance confirmed the…
Unstoppable Finance Raises $12.8M to Build DeFi Wallet
The app is set to be rolled out in private beta in the coming days, with a full roll out on iOS in a few months time. Unstoppable Finance plans to release it on Android thereafter. So far, around 300,000 users have pre-registered for access to the app when it is available. Source