Aave (LEND) becomes first Ethereum DeFi token to hit $1 billion valuationBTC $11,303 (-1.9%) • ETH $382 (-2.6%) • XRP $0.26 (-5.8%)
A year or two ago, most decentralized finance (DeFi) protocols and their respective tokens were unknown. Save for Maker (MKR), there were few crypto assets in the top 20 to 50 actually representing this revolution in finance. But due to innovation, better education, a search for yields, and more, DeFi is becoming mainstream in the crypto market. Aave’s LEND cemented this trend just the other day when it became the first asset tied to this space to reach $1 billion in valuation 📈 Trending … DeFi Tokens • Oracle Tokens • Biggest Gainers • Stablecoins More news ⏬Darknet marketplace “Empire” exit scams with $30 million in BitcoinA big marketplace known for selling illicit and illegal products on the dark web has reportedly exit-scammed with over $30 million in Bitcoin, as per reports. Thanks to our premium sponsors⭐️ CryptoAltum - CryptoAltum is a leading trading platform with a special leaning towards digital assets. Its mission is to make crypto trading easy and accessible to everyone. ⭐️ Paradox Group - Paradox is the Official Advertising Partners of CryptoSlate and specialises in Marketing and Blockchain Advertising. Report indicates banks launder more money than Bitcoin and other cryptosA new report out of Mexico noted that financial institutions and banks launder a huge amount of money compared to newer financial businesses, according to El Economista. Analyst: Tether (USDT) may be doing more to skirt capital controls than BitcoinOn Crypto Twitter and in the media, Bitcoin is touted as the one way through which anybody in the world can reliably skirt capital controls. Here are the factors backing Polkadot’s parabolic multi-week uptrendPolkadot has been seeing tremendous momentum in recent weeks, with the cryptocurrency now securing its position as the sixth-largest digital asset by market capitalization. Evai.io: The Decentralized rating system DeFi deservesTo achieve its goal of financial disruption, DeFi requires a decentralized rating protocol. Bitcoin’s network activity is flashing “caution flags” as active address count plungesBitcoin’s price is showing some signs of weakness as it hovers above its crucial support at $11,300. US coffee giant Starbucks turns to blockchain for beans trackingCoffee fanatics across America can now track their Starbucks bean purchases right to the farms they grew in. Crypto market dataFor more pertinent market data, please see: Connect with usDisclaimer: None of the content in this newsletter is meant to be financial advice. Please do your own due diligence before taking any action related to content within this article. If you liked this post from CryptoSlate, why not share it? |