Decentralized Finance (DeFi), an Ethereum based protocol, has taken the whole crypto ecosystem by surprise with its phenomenal growth in 2020. The Defi ecosystem, originally valued below $1 billion at the start of the year, has exploded upward, hitting a valuation of $15 billion. More
The blockchain is a distributed ledger technology that underlies cryptocurrencies like Bitcoin and platforms like Ethereum. It provides a way to record and transfer data that is transparent, safe, auditable, and resistant to outages. The blockchain has the ability to make the organizations that use it transparent, democratic, decentralized, efficient, and secure. It’s a technology that holds a lot of promise for the future, and it is already disrupting many industries.
IOHK, the blockchain research and development company developing Cardano (ADA) has successfully implemented one of the most important upgrades to the Cardano blockchain yet, the Shelley hard fork. The upgrade will deliver true decentralization through its advanced Ouroboros consensus algorithm and scientifically researched incentives scheme, and will enable staking which allows its holders to passively receive money/crypto in the form of Cardano, for simply holding the coin.
Today coinbase announced the availability of margin trading for eligible Coinbase Pro customers. Margin has been one of their most requested features, and today they have delivered, though only allowing users the option to trade with up to 3x leverage, compared to ByBit, which offers it’s users up to 100x leverage. More
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