Tag: DeFi

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Major Thai bank experimenting with decentralized finance

Kasikornbank, or KBank, one of Thailand’s largest banks has begun experimenting with DeFi services as part of its business expansion plan. According to a report by Bangkok Post, the bank’s DeFi exploration is being spearheaded by Kbank’s tech subsidiary Kasikorn Business Technology Group, or KBTG. Commenting on KBank’s DeFi plans, KBTG chairman Ruangroj Poonpol said:…
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12 April 2021 0

Keep Network unveils v2 specs for tBTC protocol

The Keep Network has released details for the second iteration of its “trust-minimized” Bitcoin tokenization protocol, tBTC. In an April 11 blog post, Keep Network developer, Evandro Saturnino, outlined several changes the protocol is considering to address it’s past issues with collateralization. tBTC’s second iteration is expected to require stakers to only lock up KEEP…
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12 April 2021 0

Binance Coin (BNB) market cap passes Santander and UBS — What’s next?

2021 has been an impressive year for Binance Coin (BNB), which so far has rallied by more than 900%.  One of the primary drivers of BNB’s growth was continued congestion on the Ethereum network. As this struggle carried on, Binance Smart Chain (BSC) emerged as an alternative, meeting the rapidly growing decentralized finance (DeFi) sector’s…
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11 April 2021 0