The Inevitable Marriage of Yield Farming and NFTs, Explained

NFTs had managed to be expensive but they had not managed to be liquid – not until DeFi-thinking intervened.

Bitgo Plans to Launch Wrapped Bitcoin on the Tron Blockchain

Soon there will be another network that allows people to tokenize BTC in order to leverage the underlying blockchain’s speed and fees.

Diamond Standard Tries to Make Diamonds a Liquid Commodity via Ethereum

Diamond Standard is launching a physical, diamond-studded token aimed at making diamond trading as liquid and fungible as any other asset.

Tokenized BTC Crosses $1B Notional: Ethereum Cements Role as Bitcoin’s Main Sidechain

Years ago when the Bitcoin network started suffering from higher fees and congestion, a number of bitcoiners advocated the use of sidechains in order to relieve the main chain’s duties.

Crypto.com Follows Binance With Launch of Liquid Swap DeFi Product

Crypto.com's new Defi Swap product will provide yet another platform on which users can token swap and yield farm .

Coinfund invests in digital art-focused NFT platform, Rarible

New York-based blockchain investment firm Coinfund has invested an undisclosed amount in Rarible, a platform to trade liquid intellectual properties and any digital content with licensing via Non Fung The post Coinfund invests in digital art-focused NFT platform, Rarible appeared first on AMBCrypto.

Blockstream’s Liquid pushes for DeFi with new decentralized exchange

Bitcoin DeFi is coming, but it’s not really on Bitcoin. A decentralized exchange built on the Liquid network is opening for early access on Monday. Called TDEX, the project has announced its entry into an Open Alpha stage.

Binance launches first centralized exchange's AMM pool called Liquid Swap

Cryptocurrency exchange Binance announced today the launch of its “centralized” Automated Market Maker (AMM) pool called Binance Liquid Swap, which will have different liquidity pools that will al The post Binance launches first centralized exchange's AMM pool called Liquid Swap appeared first on AMBCrypto.

Binance takes on DeFi with Uniswap competitor and liquidity mining

Crypto exchange giant Binance makes another move into DeFi with new token swapping liquidity platform Crypto exchange giant Binance is delving deeper into the world of DeFi-style products with its latest offering, an automated market maker called Binance Liquid Swap. Aimed directly at Uniswap and its clones, Binance will launch an AMM liquidity pool that allows users to provide liquidity by depositing tokens.

UK exchange Archax teams up with Algorand on DeFi projects

The partnership between Archax and Algorand could help bridge the gap between decentralized and centralized finance Digital security exchange Archax and DeFi protocol Algorand have formed a partnership to build a new line of products to bridge the gap between centralized, and decentralized, finance. Archax and Algorand will work together to release “innovative smart financial products” including stablecoins using smart contracts and liquid alternatives — mutual funds or exchange-traded funds (ETFs) that aim to provide investors with diversification.

Blockchain Bites: Hashrates Drop, Bitcoiners Hodl and an Open Letter to Bankers

Floods are dampening bitcoin mining hashrates, Ethereum Classic may be thrown off its most liquid exchange and bitcoin is moving off exchanges.

Onchain Data Shows $449M Worth of Bitcoin on ETH Eclipses Offchain Competitors

Onchain analytics show the number of bitcoin (BTC) held on the Ethereum blockchain has been multiplying at an extremely fast rate since the end of May.

Ethereum's percent of total liquid supply beats Bitcoin, XRP, Cardano

Ethereum [ETH] may rank second in terms of popularity among major cryptos but has definitely turned out to be a good investment in 2020.

Samson Mow's Infinite Fleet Game Raises $3.1M on BnkToTheFuture

Exordium Limited raised more than $3M through sales of its EXO security token for Infinite Fleet from investors including Adam Back and Charlie Lee. Pixelmatic’s Infinite Fleet space adventure game raised more than $3 million within 24 hours from investors including Adam Back and Charlie Lee. According to a statement from Pixelmatic, shared with Cointelegraph, the game created by Blockstream CSO and Pixelmatic CEO Samson Mow raised $3.1 million on global online investment platform BnkToTheFuture through sales of its EXO token. A private funding round led by Litecoin (LTC) creator Charlie Lee, Blockstream CEO Adam Back, and Max Keiser, host of the Keiser Report went beyond Pixelmatic’s $3 million goal after an allocation on BnkToTheFuture sold out within 24 hours. Infinite Fleet’s publisher Exordium Limited launched the EXO security token “representing equity and profit sharing rights” on Liquid Securities, a platform that sits on top of Bitcoin (BTC) sidechain Liquid Network.  Cointelegraph has reported that Infinite Fleet partnered with blockchain marketplace STOKR to launch a public security token offering (STO). Combining gaming and crypto The blockchain space strategy game features space stations, asteroid mining, fleets of spaceships and real time strategy style combat.

29 Cryptocurrencies Delisted on Liquid Exchange to Comply With Singapore’s FATF Crypto Regulation

A major Japanese cryptocurrency exchange, Liquid, has delisted 29 cryptocurrencies to comply with the crypto regulation in Singapore in an effort to become a licensed crypto exchange operator in the country.

Door Still Open for Future ZEC Relisting, Liquid Exchange COO Says

Japanese exchange Liquid is not closed to the idea of relisting Zcash, an asset the outfit recently delisted due to regulatory precaution. After delisting privacy-focused asset Zcash (ZEC) in pursuit of regulatory compliance, Japanese exchange Liquid is not against a future relisting, pending regulatory clarity. “Regarding ZEC and our decision to temporarily stop providing trading services, we are seeking further guidance from both industry working groups and the MAS before we resume trading on Liquid,” exchange COO Seth Melamed told Cointelegraph on July 25, referring to the Monetary Authority of Singapore. He added: “In speaking with other VASPs [Virtual Asset Service Providers], we are not aware of any other exchange applying to the PSA [Payment Services Act] license that will be listing ZEC.

Liquid Exchange Confirms Asset Delistings Due to Regulatory Requirements

Japanese exchange Liquid officially announced the delisting of 27 assets, citing regulatory precautions. Japanese exchange Liquid recently unveiled a mass asset removal from its platform, which COO Seth Melamed claimed necessary for legal compliance. “Liquid works closely with regulators in Japan and Singapore,” Melamed told Cointelegraph on July 25. Referring to Anti-Money Laundering, or AML, and Combating the Financing of Terrorism, or CFT, regulations, he added: “As part of risk management we have to take a conservative approach regarding maintaining listings in tokens that are potentially viewed by regulators as in conflict with rules around AML and CFT and the Funds Travel Rule.” Liquid provided a public statement The exchange’s asset removal list includes privacy-focused coin Zcash (ZEC).

Japanese Liquid Exchange to Delist Zcash to Get Licensed in Singapore

Liquid exchange plans to delist major privacy coin Zcash in an effort to play nice with Singaporean regulators. Japanese cryptocurrency exchange Liquid is reportedly delisting privacy-focused coin Zcash (ZEC) in order to apply for a license to operate in Singapore. The Electric Coin Company, which develops the Zcash cryptocurrency, announced the news in a July 22 tweet.

A Polkadot-Based Project Wants to Unlock Staked Coins for DeFi Collateral

A new project building on Polkadot received an investment of $600,000 to build liquid staking, a way of unlocking liquidity devoted to proof-of-stake. An upcoming decentralized finance project built on Polkadot (DOT) is looking to unlock liquidity that would be tied up in staking as part of its consensus mechanism. Called Stafi, short for Staking Finance, the project wants to implement liquid staking on Polkadot and potentially other blockchains as well. A drawback of staking funds for consensus is that they cannot be used for anything else while locked up.

Tether CTO: ‘USDT Will Continue to Exist Alongside CBDCs’

With a market cap over $10B, Tether isn’t likely to be displaced by any central bank digital currency according to Paolo Ardoino. Paolo Ardoino, Chief Technology Officer (CTO) of Bitfinex and Tether, says recent pushes for governments to adopt regulatory paths towards central bank digital currencies won’t adversely affect stablecoins like Tether. “In the long term, we believe that Tether will continue to exist alongside CBDCs,” the Tether CTO said to Cointelegraph, citing the token’s performance on several different blockchains including Algorand, Ethereum, EOS, Liquid Network, Omni and Tron.

Ethereum Network outpace Bitcoin's Liquid and LN

Bitcoin has been carrying the torch as the largest cryptocurrency in the market and even if it has been down on its luck at the moment, its off-chain performance has been picking up.

Japanese Residents Have Cash to Spare, but Is It Going Into Crypto?

The Bank of Japan reported the supply of money stock in circulation increased 6% in June following the receipt of economic relief payments. Investors in Japan increased their crypto holdings during the early stages of the pandemic before the government issued economic relief payments.  According to a July 13 report from Japanese news outlet Nikkei, the Bank of Japan revealed that the supply of M3 in the country — a measure of various money stock in circulation — increased 5.9% in June to $13.5 trillion.  The amount of liquid assets available to residents of Japan has increased following the government issuing 100,000 yen — roughly $936 — stimulus payments to individuals, 300,000 yen to some households, and other payments to companies in response to the coronavirus outbreak. The Nikkei reported that such payments have made the cash flow in Japan “abundant” with fewer increasing their spending habits.

Japanese Broker Monex Launches Crypto-Based CFDs With 2x Leverage

The Japanese online securities company Monex has revealed the launch of cryptocurrency-based contract-for-difference (CFD) services that went live on Wednesday.

BitTorrent Adds Binance USD as a Payment Option

BitTorrent users can now purchase BitTorrent and µTorrent Classic Pro with BUSD and Binance’s native token BNB. BitTorrent, a major file sharing service operating under Tron (TRX) developer, has added Binance’s USD stablecoin, BUSD, as payment option. As officially announced on July 9, BitTorrent users are now able to buy BitTorrent and µTorrent Classic Pro with BUSD and Binance’s native token, BNB. With the new addition, BitTorrent now totally features six crypto payment options on its platform. Binance’s BUSD joins the list of already supported cryptocurrencies including Bitcoin (BTC), BitTorrent’s utility token BTT, Okex’s OCB, TRX, and BNB. Alongside the BUSD addition, BitTorrent and µTorrent have also replaced the ERC-20 BNB token with the faster and more liquid BNB (BEP2) as a payment option.

Exclusive: Liquid Network Gets Its First General-Purpose Javascript Library

A new Javascript library for Liquid could allow external developers to build a complete ecosystem around the heavily upgraded Bitcoin sidechain. Blockstream’s Liquid Network is now featuring its own Javascript library for developers to easily interact with the blockchain. Named LiquidJS, it was developed and announced by pTokens, an interoperability project working to bring assets cross-chain.

The Popular Stablecoin Tether Is Now Circulating on the Bitcoin Cash Network

The most popular stablecoin tether (USDT) has officially been minted on the Bitcoin Cash blockchain via the Simple Ledger Protocol (SLP).

‘Running Drivenet:’ Bitcoin Proponent Discusses the Benefits of Drivechain Versus Lightning Network

During the last few days, a number of cryptocurrency supporters have been discussing Paul Sztorc’s Drivechain project, also referred to as “Drivenet.” The Drivechain project has been a work in progress for years now, and just recently Sztorc published a new version of the Drivenet software.

Federated Sidechains: $8M in BTC Stuck in Limbo, Analyst Says Action ‘Violates Liquid’s Security Model’

Liquid, the sidechain network developed by the company Blockstream, saw 870 bitcoins ($8 million) frozen in moderation queue due to a seizure from a number of the network’s functionaries.

Yield Farming Pool Concept May Solidify Ethereum’s Role as BTC’s Main Sidechain

Decentralized finance (defi) applications on the Ethereum chain have been growing wildly during the last two years.