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Crypnotic Blog | Coin News and Cryptocurrency Market Trending
5d ago
What Is Compound Ether Compound Ether is a Decentralized Finance (DeFi) protocol founded by Robert Leshner and Geoffrey Hayes in 2018 after raising over $8 million in funding from venture capital firms, plus an additional $25 million in 2019 from some of the same and new investors. cETH is the cToken generated... Read More ..read more
Crypnotic Blog | Coin News and Cryptocurrency Market Trending
5d ago
What is Polkastarter? Polkastarter (POLS) is a typical decentralized crypto exchange (DEX) that was developed based on a 3rd generation blockchain network, Polkadot. It is working to solve the puzzle of scalability and interoperability when compared to older exchanges and provide a cross-chain platform for crowdfunding, capital raising, and crypto transactions.... Read More ..read more
Crypnotic Blog | Coin News and Cryptocurrency Market Trending
5d ago
The Energy Web Token (EWT) operates with the Energy Web Chain, and it is the blockchain’s native token. It is an Ethereum Virtual Machine blockchain that uses Proof-of-Authority and a network of validators. The verifier network includes a network of licensed companies in the energy sector. The Energy Web Chain... Read More ..read more
Crypnotic Blog | Coin News and Cryptocurrency Market Trending
5d ago
Helium (HLM) was founded in 2013 with the participation of numerous entities based in Silicon Valley, such as Marc Benioff, SV Angels, DG, Khosla Ventures, Google Ventures, USV, and Multicoin Capital. What Is Helium? HLM is a digital currency and blockchain network focused on improving supply chain logistics in the... Read More ..read more
Crypnotic Blog | Coin News and Cryptocurrency Market Trending
5d ago
UMA is the token native to the Universal Market Access (UMA) protocol. It powers the project by providing voter rights to its holders and resolving contract disputes. Hart Lambut created the project to boost financial innovation in the Decentralized Finance (DeFi) niche by allowing anyone worldwide to access financial risk. UMA raised... Read More ..read more
Crypnotic Blog | Coin News and Cryptocurrency Market Trending
5d ago
What is Compound Dai? Compound DAI or cDAI is a token that investors can earn interest with when they deposit DAI tokens on the Compound Finance lending protocol platform. Essentially, it is a token that allows investors to earn interest on their deposited DAI tokens. Decentralized Finance (DeFi) is allowing investors... Read More ..read more
Crypnotic Blog | Coin News and Cryptocurrency Market Trending
5d ago
Co-founded in 2018 by Brian Kerr, Ruaridh O’Donnell, and Scott Stuart, Kava is a software protocol that accepts several cryptocurrencies allowing its users to borrow and lend assets without needing a financial intermediary. Kava Labs, a for-profit company aiming to develop and drive the creation of the Kava platform, held... Read More ..read more
Crypnotic Blog | Coin News and Cryptocurrency Market Trending
5d ago
The FTX Token, aka FTT, is the utility token of FTX Exchange, a crypto derivatives exchange. FTX Exchange was started in April 2019 with Alameda Research’s support, aiming to provide crypto holders and investors with easy futures and leveraged token trading. It attracts many investors thanks to a package of... Read More ..read more
Crypnotic Blog | Coin News and Cryptocurrency Market Trending
5d ago
The Terra project is built to be a stablecoin that can be used commercially and develop useful ecosystems amid the explosion of blockchain and DeFi projects. It isn’t limited to a single currency and can operate with many fiat currencies. LUNA is a token that plays a vital role in the Terra... Read More ..read more
Crypnotic Blog | Coin News and Cryptocurrency Market Trending
5d ago
Algorand was the brainchild of professor Silvio Micali, a computer scientist at the Massachusetts Institute of Technology (MIT). Algorand is one of the newer projects that seek to expand the possibility of cryptocurrency usage by boosting transaction speeds by minimizing the time needed to verify transactions. The project was officially... Read More ..read more