The Securities and Exchange Commission has finally stuck its talons into crypto. After all the feisty rhetoric from chief hawk Gary Gensler and the heightened scrutiny since FTX, America’s financial guardian has cracked down on staking and stablecoins. On February 9, the SEC announced charges against Kraken for failing to register its staking-as-a-service programme. Separately, …
Real World Assets (RWAs) will help crypto avoid the speculative bubbles that have drained confidence up to now, and allow DeFi aggregators like rhino.fi to display the most useful assets in existence
The collapse of FTX and the madness of Sam Bankman-Fried made me question my faith in crypto for the first time. But this turmoil doesn’t dent the case for DeFi. In fact, it strengthens it.
Rhino.fi will soon integrate with zk Sync 2.0, the first fully-compatible EVM ZK rollup to go live on Ethereum mainnet. Here’s what this means for you, us, and DeFi. In 2020 we partnered with StarkWare to launch a scalable exchange instance of StarkEx. This made rhino.fi (then known as DeversiFi) one of the first-ever scaling …
IT’S’ ALIIIIIVE!!! The first fully trustless, reward-earning AMM pool on StarkEx layer 2 has just opened on rhino.fi. Building fully trustless AMMs on our StarkEx layer 2 rollup has been one of the toughest technical challenges we’ve ever faced. It’s been audited and tested under every imaginable scenario, without shortcuts. And now the technology is …
The Tornado Cash sanctions are a warning shot to the entire DeFi community. If you’ve been following the news, you’ll know that Tornado Cash, a privacy tool that enables you to shield your transaction history, is the first-ever smart contract to be sanctioned by the U.S. Treasury. This means you can now go to jail …
It’s easy to think we’re in unprecedented times. The collapse of Terra’s UST stablecoin has created the biggest controversy ever seen in crypto. Sixty billion dollars have been wiped off the market — the same amount swindled by Bernie Madoff in his Ponzi scheme of the late-noughties. Not only that, but we’ve seen the collapse …
Today DeversiFi takes a giant leap towards the multi-chain future. We’ve launched cross-chain swaps to Polygon, allowing you to effortlessly swap hundreds of tokens from layer 2. This new feature removes all the hassle of swapping assets cross-chain. No new wallets, no bridging, no additional network fees. Every swap you make will be totally gas-free, …
Introducing cross-chain swaps with Polygon: Swap hundreds of tokens, gas-free Read More »
The UST collapse has made everyone in crypto press pause. Since the $18 billion stablecoin depegged, we’ve all thought about how we can rebuild DeFi for the better, and provide a stronger backstop the next time a Black Swan ripples our waters. At DeversiFi, we invited our users to pursue a yield opportunity based on …
Today’s exchanges are broken. They list scam coins. They advertise tokens that have peaked and will never return. They run trading competitions offering ridiculous prizes that incentivise dangerous activity. And, above all… They don’t care whether their users make money, or even want them to This is because exchanges are torn. They are forced to …
Flipping the exchange: How we’re going to make profits with our users, not against them Read More »
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