Day: March 31, 2021

CME Group to Launch Bitcoin Mini Futures

CME Group, the world’s largest financial derivatives exchange, is set to launch Micro Bitcoin futures, at one-tenth of a Bitcoin, on May. CME Group already offers standard Bitcoin futures, which have traded at an average volume of 13,800 contracts (roughly 69,000 BTC) daily throughout 2021. Micro Bitcoin futures will offer institutional traders and investors more …

CME Group to Launch Bitcoin Mini Futures Read More »

Element Finance Raises $4.4M to Boost Fixed Rate DeFi Markets 

Element Finance raised $4.4M in a seed round led by Andreessen Horowitz and Placeholder accompanied by SV Angel, A.Capital, Scalar Capital, and Robot Ventures.  Angels included Joseph Lubin, Fernando Martinelli, Stani Kulechov, Mariano Conti, Robert Leshner and Tarun Chitra. The project aims to bring liquidity to the fixed-rate income and interest markets Users will be …

Element Finance Raises $4.4M to Boost Fixed Rate DeFi Markets  Read More »

Dharma Enables One-Tap Bank-to-DeFi Access

Dharma just made getting started in DeFi easier.  Users can now move funds from their bank account into the Compound Finance, Aave and Yearn Finance protocols with one tap and begin earning interest of at least 7.7% currently, more than 100 times the United States’ average savings rate of .07% according to Bankrate. It’s the …

Dharma Enables One-Tap Bank-to-DeFi Access Read More »

Delta Financial Takes on Uniswap Tracker

Delta Financial, a new on-chain options layer, is already making a big splash in DeFi—by waging war against Uniswap.  As reported by Decrypt, shortly after Delta launched their DELTA token on Uniswap on March 28, Uniswap’s 24-hour trading volume rocketed up 450%, from $1.2B all the way up to $7.2B. $DELTA accounted for $6.1B, or …

Delta Financial Takes on Uniswap Tracker Read More »

Do You Really* Own Your NFT? Chances Are, You Don’t

NFTs have been pitched as a radical, new form of digital ownership detached from the whims of centralized companies. Unlike digital goods in mobile games, which are traditionally tied to the lifespan of a games’ server, NFTs are said to be truly “ownable.” In other words, as long as you own the token, you own …

Do You Really* Own Your NFT? Chances Are, You Don’t Read More »