Day: April 28, 2021

1Inch Launches DeFi Wallet for IOS

1Inch released 1Inch Wallet, a non-custodial DeFi wallet for IOS yesterday. At launch, 1Inch Wallet’s features primarily revolve around swaps, with plans to introduce staking, governance, and liquidity pools in the future. 1Inch Wallet offers IOS users the same settings and aggregation functionality as the 1Inch dapp for both Ethereum and Binance Smart Chain, and …

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Binance Set to Launch NFT Marketplace in June

Binance is planning to launch an NFT marketplace and trading platform in June, the exchange said in a post. Binance NFT aims to offer high liquidity and low fees for NFT transactions. The two main venues available at launch will be a “Premium Events” category for exclusive artist collaborations and exhibitions, and a “Trading Market” …

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Polygon Takes Lead in Layer 2 Race as MATIC Token and Assets Soar

Polygon’s token is rising the most among all cryptocurrencies in the past 24 hours, while assets in its networks spike. The activity is a sign an increasing number of users are betting the project will become a leading Ethereum scaling solution.  Polygon’s MATIC token is up more than 30% just in the past day, the …

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Yearn Finance Q1 Report Reveals Rising Profits Thanks to Vaults and Yield Farming

Yearn Finance said in its second-ever quarterly report, and first using the EBITDA accounting metric, that earnings in Q1 2021 were up 32% of all 2020 earnings, a period which spanned the five months since the protocol’s inception last year. The report offers a glimpse into the business model of a DeFi project that’s not …

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European Investment Bank’s Blockchain Bond Pushes ETH to New Highs

European Investment Bank (EIB), the publicly owned lending arm of the European Union, sold a 100M euro bonds registered on the Ethereum blockchain. This marks the EIB’s first blockchain bond sale.  The 2-year digital bonds will be registered in the Ethereum blockchain after pricing on Tuesday, and will have a zero percent coupon, as reported …

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