Aave founder hints at developing ‘Twitter on Ethereum’

Aave founder hints at developing ‘Twitter on Ethereum’

Aave founder Stani Kulechov told his 90,000 Twitter followers on Saturday that his platform should build “Twitter on Ethereum” after Jack Dorsey said he was developing a new Bitcoin (BTC)-centric financial services platform with striking similarities to Aave. Since @jack is going to build Aave on Bitcoin, Aave should build Twitter on Ethereum— stani.eth rAAVE =(⬤_⬤)= (@StaniKulechov) July 17, 2021Dorsey tweeted Thursday that Square Inc., his mobile payment company, was creating a new business “focused on

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DeFi Leader MarkerDAO Partners With Simplex to Create a Dai Fiat On-Ramp

DeFi Leader MarkerDAO Partners With Simplex to Create a Dai Fiat On-Ramp

Major decentralized finance player MakerDAO has partnered with payment processor Simplex to create a fiat on-ramp for its Dai decentralized stablecoin. Major decentralized finance (DeFi) player MakerDAO (MKR) partnered with payment processor Simplex to create a fiat on-ramp for its Dai (DAI) decentralized stablecoin.According to an announcement on Mar. 3, the partnership makes it possible to buy Dai with the credit and debit cards of Simplex’s partner firms. Maker’s business development representative in Europe,…

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Five Signs That Ethereum Is Having Its Moment Right Now

Five Signs That Ethereum Is Having Its Moment Right Now

Ether has more than doubled in value so far this year. Here are five signs from this week alone that suggest it might finally be Ethereum’s time to shine. Ether (ETH) has more than doubled in value so far this year, with strong fundamentals and increasing numbers of projects being built on the network. Here are five signs from this week that Ethereum’s time may have finally come.Institutional investors are now paying a 220%…

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Litecoin Foundation Partners With Cred to Let Holders Earn Interest

Litecoin Foundation Partners With Cred to Let Holders Earn Interest

The Litecoin Foundation partnered with cryptocurrency lending provider Cred to let LTC holders earn interest from their crypto, receiving up to 10% interest. Litecoin Foundation is partnering with Cred to offer interest on Litecoin (LTC) collateral, a Feb. 10 press release announced. Cred customers can lock their coins with the provider to earn up to 10% annual percentage rate.Thanks to the strategic partnership, LTC holders will be able to lend their cryptocurrency at lucrative…

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Bitcoin DeFi Looms Closer as RSK Launches Ethereum Bridge

Bitcoin DeFi Looms Closer as RSK Launches Ethereum Bridge

RSK is launching a bridge into Ethereum that lets its users directly access a Bitcoin-pegged token, which could lead to its use as collateral for DeFi. The RSK project announced the creation of Token Bridge, an interoperability protocol between the Bitcoin-pegged sidechain and Ethereum, on Feb. 6. It could have important implications for the burgeoning decentralized finance (DeFi) ecosystem.RSK is a smart contract platform attached as a sidechain to the Bitcoin (BTC) blockchain. It…

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