DeFi Daily News,October 23rd, 2020

ONEROOT
Oct 23, 2020

--

1. Bitcoin stays in bull mode but on lower volume while the amount of ether locked in DeFi falls. Bitcoin (BTC) trading around $13,103 as of 20:00 UTC (4 p.m. ET). Gaining 3% over the previous 24 hours, which trading range was between $12,685 and $13,232.

2. Binance New Coin Mining announced that it will launch CertiK (CTK), a DeFi cross-chain protocol for real-time security scoring and decentralized claims settlement. After 8:00 on October 23 (Hong Kong time), users can put BNB and BUSD into the CTK mining pool through the Launchpad website to get CTK rewards. After 8:00 on October 27, they can put CTK into the mining pool for mining, CTK can be mined for a total of 16 days. In addition, Binance will list CertiK (CTK) at 16:00 on October 27th, and open CTK/BNB, CTK/BTC, CTK/BUSD, CTK/USDT trading markets.

3. According to the ChainNews, Hodl Hodl, a member of the Liquid Federation, announced the launch of a Bitcoin lending platform that allows Bitcoin holders to borrow stablecoins and supports multiple stablecoin formats to provide loans. The default option is Liquid Tether (USDt). USDt can guarantee the Fastest stablecoin settlement time and lower transaction fees compared to other alternatives such as Ethereum. The platform enables users to use a unique Bitcoin multi-signature custody system to guarantee loans, all processed in the user’s browser. No third party is involved in the loan process, and the interest rate, loan period and other conditions are set by the user.

English:

Telegram-en/ONEROOT network/R1 protocol/Reddit/Twitter/Medium/Linkedin/Facebook/Github

Instagram: @onerootnetwork

Youtube: @OneRoot Project

Chinese:

Telegram-cn/Weibo

Official QQ group: 6644849O

Official WeChat account: oneroot_admin

--

--

No responses yet