Ethereum-based lending continue to dominate the nascent sector of decentralized finance (DeFi). Nearly half a billion dollars’ worth of assets are locked up in DeFi smart contracts, with stablecoin and CDP provider MakerDAO (DAI) remaining the clear market leader.
Today Emogi announced the launch of a network for engagement-based micropayments and staking. The IOST-incubated ecosystem features two already-existing apps: Berminal, a cryptocurrency news aggregator, and Bermi, a video sharing social media similar to TikTok.
Steem has a bearish short-term outlook, with the cryptocurrency trading below all forms of major technical support on the four-hour time frame.
Ethereum has a bearish short-term trading bias, with the cryptocurrency still trading below its 200-period moving average on the four-hour time fram
Bitcoin Cash has a bullish short-term trading bias, with the BCH / USD pair recovering above its 200-period moving average on the four-hour time frame.
“Banking the unbanked” has become something of a cliché in blockchain circles. It brings to mind long queues of Kenyan farmers, migrant workers with no address, or struggling families with their savings in their mattresses. The last place one expects to find ‘the unbanked’ is in the heart of global finance – New York City.
Binance is back in action for U.S. investors. On August 9th, the exchange revealed several details on listings for the upcoming American exchange. The announcement, written by Binance U.S. CEO Catherine Coley, lists several coins that are under examination and outlines the framework that the exchange will use to add new coins.
Algorand will be the next asset to begin trading on Coinbase Pro, with deposits to be enabled starting on August 14. Once sufficient supply is achieved, Coinbase Pro will allow trading of the newly-introduced currency to commence.
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