Bancor News

Bancor is a network which allows users to exchange currencies for others without any mediators. In other words, Bancor is a protocol that converts tokens on the basis of smart contracts. The ICO of Bancor currency (BNT) project started in May 2017, and by the end of the ICO, the team at Bancor had gathered 396,720 ETH from 10,885 investors in less than three hours. The Bancor coin is aimed to exchange tokens — with the ERC-20 standard — directly with other coins without the help of cryptocurrency stock markets and exchanges in order to increase the liquidity of tokens and remove fees that should help reduce users’ spending during the exchange process. Bancor coin mining is unavailable, as BNT initially had a strict limit of coins which were distributed during the ICO.
Analysis
AMM-based decentralized exchanges are seeing unprecedented adoption, but are they the future of trading?
The rise of DEX robots: AMMs push for an industrial revolution in trading
António Madeira
2021-05-09T12:54:00+01:00
47323
News
Bancor introduced a complex but useful lending and token burn mechanic through its vBNT token.
Bancor releases no-liquidation lending with Vortex as AMMs continue diversification
Andrey Shevchenko
2021-04-05T11:57:52+01:00
10468
News
A U.S. federal judge ruled to dismiss a case against crypto firm Bancor, citing lack of personal jurisdiction and the plaintiff’s failure to prove losses.
US judge dismisses crypto fraud case against BNT token issuer
Helen Partz
2021-02-24T10:44:37+00:00
6937
News
Bancor’s approach to dealing with impermanent loss on decentralized exchanges might have significant implications for idle altcoin capital.
Bancor v2.1 report: Swap fees exceed impermanent loss insurance costs
Osato Avan-Nomayo
2021-01-12T15:35:22+00:00
7472
Market Analysis
The price of BNT, the native token of the Bancor protocol, spiked by 86% in two days.
Bancor soars 86% in two days as Coinbase lists BNT, DEX volume spikes
Joseph Young
2020-12-16T07:47:00+00:00
9035
Market Analysis
A handful of DeFi tokens are producing double-digit gains as Bitcoin price fights to turn $19,500 to a strong support level.
DeFi tokens rally while Bitcoin bulls attempt to flip $19.5K to support
Rakesh Upadhyay
2020-12-15T19:24:37+00:00
10309
News
Rival decentralized exchanges are upping their liquidity mining rewards to attract Uniswap’s former-liquidity providers, leading to SushiSwap’s TVL tripling in ...
Attack of the vampires: Uniswap loses 57% TVL as rivals up rewards
Samuel Haig
2020-11-19T05:54:34+00:00
14517
News
The recent DeFi downturn has impacted the treasuries of decentralized autonomous organizations by 40% in a month
DAO treasuries still down 40% after October’s DeFi downtrend
Samuel Haig
2020-11-13T04:55:15+00:00
3426

Follow us on Facebook