Tag: Synthetic
Tether Debuts New ‘Synthetic’ Dollar Backed by Tokenized Gold in Tokenization Push
"Alloy by Tether is an open platform that allows to create collateralized synthetic digital assets and will soon be part of the new Tether digital ass [...]
Indonesian Authorities Bust Synthetic Marijuana Lab Supported by Crypto
The syndicate had been operating for six months before being apprehended last week.
www.coindesk.com [...]
DeFi Platform Ethena Will Short Bitcoin (BTC) and Ether (ETH) to Issue Synthetic Dollars USDe
On Ethena, users can deposit stablecoins such as tether (USDT), frax (FRAX), dai (DAI), Curve USD (crvUSD) and mkUSD to receive Ethena’s USDe, which c [...]
DeFi Needs More Than ‘Synthetic High-Yield Products’: Dragonfly’s Haseeb Qureshi
Still, when it comes to understanding the current moment in crypto he’s more or less unmatched. Or, at the very least, he’s not afraid to be a little [...]
Banking Platform Galoy Raises $4M for Bitcoin-Backed Synthetic Dollar
“Bitcoin has brought digital transactions to previously unbanked communities across Latin America, Africa and beyond,” said Galoy CEO Nicolas Burtey i [...]
Maker founder proposes MetaDAOs and synthetic ETH in ‘Endgame Plan’
The co-founder of MakerDAO Rune Christensen has issued a new monumental proposal to push the project into its final form called The Endgame Plan. Acro [...]
A closer look at THORChain’s new synthetic assets
THORChain (RUNE) has appreciated nearly 41% in the past seven days, according to the data from Cointelegraph Markets Pro, and its recent price action [...]
THORChain’s RUNE Surges 37% After DeFi Synthetic Assets Goes Live
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest [...]
THORChain spikes by 34% after activating synthetic assets
The price of the native asset for cross-chain decentralized exchange THORChain (RUNE) has spiked by 34% in a day following the activating of synthetic [...]
A Possible Russian Crypto Ban and Vitalik’s Synthetic Womb: This Is 2022
Finally, the gang unpacked Buterin’s baby pod idea, which he floated as a means of female empowerment:“Disparities in economic success between men and [...]
Synthetic asset protocol for Polygon raises $1.5M from major investors
Polysynth, a Polygon-based synthetic asset platform, has secured investments from a number of DeFi venture capital firms and angel investors.The te [...]
Synthetic ‘Fake’ ID’s Can Buy Crypto?
This week, “Opinionated” hosts Ben Schiller, Anna Baydakova and Danny Nelson are discussing Anna’s investigative piece on the black market of “veri [...]
Artificial FAANG shares are buying and selling in DeFi — however do fuel charges make them uncompetitive?
Decentralized finance protocol Kwenta has launched a sequence of artificial tokens for fashionable shares — however present fuel costs may make buy [...]