According to data presented by AksjeBloggen.com, the market capitalisation of the world's second-largest crypto coin, ethereum, has soared by 213 per cent YTD to USD44.3 billion, a 2.5 times bigger increase than the leading cryptocurrency bitcoin.
Regulated DeFi project KingSwap has achieved USD4 million in transaction volume in its first three days on Uniswap. KingSwap is a high-yield liquidity platform that offers extensive staking rewards, digital collectibles, and fiat conversions.
KingSwap, a regulated DeFi project introducing a liquidity pool platform with fiat conversions, has raised over USD20 million in funding and liquidity support. KingSwap will go live on Uniswap on Saturday, 31 October, 2020.
The Association for Digital Asset Markets (ADAM) has appointed Michelle Bond as its new Chief Executive Officer.
Radix (www.radixdlt.com), the first layer-one protocol for decentralised finance (DeFi) has raised USD12.7 million to support the growth, decentralisation, and development of its platform for building and deploying DeFi applications.
Leading trade digitalisation technology provider Bolero International has announced significant new partnerships with CommChain and Envoy to embed electronic bill of lading into their blockchain based digital trade platforms built on R3’s Corda.
pTokens, a cross-chain system enabling assets to move frictionlessly from one blockchain network to another, is to list its pBTC, pETH, and pLTC, tokens on non-custodial digital asset exchange and iFinex brand eosfinex, bringing the top crypto assets to the EOS blockchain through the Bitfinex on-chain ecosystem.
The Global Digital Asset and Cryptocurrency Association (Global DCA) has launched with the aim of guiding the evolution of this new technology within a regulatory framework designed to build public trust, foster market integrity and maximise economic opportunity for all participants.
XDC, the first Corda Network digital currency has been launched by Cordite Society Ltd, a co-operative society registered in the UK, which has leveraged the existing UK legal structure for mutual societies to operate a digital currency, providing the first onshore legal structure for decentralised finance (DeFi).
Tether.to, the blockchain-enabled platform that powers the largest stablecoin by market capitalisation, has surpassed USD600 billion in cumulative transaction volume on Ethereum ERC 20 tokens, according to Glassnode, an on-chain blockchain analytics data provider.