As market slumps, Ren bolsters DeFi liquidity via Fantom, Polygon integrations

[ad_1] As digital asset markets suffer a broad pullback, cross-chain bridge protocol Ren has announced integrations with EMV-compatible chains Fantom and Polygon that could bolster liquidity across the DeFi ecosystem.  In a blog post on Friday, Ren announced that the RenVM bridge now supports the trustless transfer of four popular cryptocurrencies to Fantom, including Bitcoin, … Read more

Bearish Bitcoin bites, fears of further falls, regulation woes build: Hodler’s Digest, May 23–29

[ad_1] Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Bearish signals grow as Bitcoin price drops to $35,000 … Read more

Here's how traders use call options to increase their Bitcoin holdings

[ad_1] Crypto traders are drawn to the market by its bombastic growth and lucrative opportunities to make a profit. However, not every investor is seeking volatility or using degenerate leverage levels to gamble at derivatives exchanges.  In fact, stablecoins usually comprise half of the total value locked (TVL) on most decentralized finance (DeFi) applications that … Read more

Layer 2 network Arbitrum ships guarded launch, attracts major DeFi protocols

[ad_1] In a landscape of so-called scaling solutions primarily composed of sidechains and EMV-enabled competitors, one widely anticipated “rollup” layer 2 sidechain for Ethereum has finally arrived.  Offchain Labs announced the launch of Abritrum One with a blog post late last night. Arbitrum One is currently live on Ethereum in a beta state, though teams … Read more