News Update: 01/07/20

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              1. OKEx Lists COMP Governance Token From DeFi’s Largest Platform Compound

             2.LCX and LunarCRUSH Announce Partnership to Provide Advanced Crypto Market Insights

 

1. OKEx Lists COMP Governance Token From DeFi’s Largest Platform Compound

OKEx  “a cryptocurrency spot and derivatives exchange ”  has  announced the listing of COMP token the governance token of the algorithmic decentralized finance protocol Compound on the Ethereum blockchain.The announcement is published by means of OKEs official blog post .

 

COMP spot trading against USDT and BTC opened at 6:00 am (UTC) on  June 29 2020. Depositing COMP is available as of 5:00 am (UTC) on June 29 ,2020 and withdrawal as of 9:00 am (UTC).

 

 

OKEx CEO Jay Hao, Said:


“Compound has for some time been driving the field in decentralized finance, yet on account of its proceeded with innovation and improvement, it has now become the biggest player in DeFi and a brilliant illustration of how far improvement has come in this space,”

“We are incredibly pleased to be able to help cultivate the development of the DeFi ecosystem alongside Compound. It is our conviction at OKEx that DeFi will in the long run disrupt traditional finance and provide equal chances for everyone to get financial services. This, thus, encourages us to understand our vision at OKEx, which is to #FinanceAll.”


 

COMP is the native token of Compound . It is a DeFi protocol that permits its users to acquire interest on deposits or lend cryptocurrencies. Lending and borrowing on Compound are overseen through a decentralized peer-to-peer blockchain-based protocol.

 

About OKEx

A world-driving cryptocurrency spot and derivatives exchange, OKEx offers the most different marketplace where worldwide crypto traders, excavators and institutional investors come to oversee crypto assets, enhance investment opportunities and hedge risks.It provide spot and derivatives trading -including futures, perpetual swap and options — of major cryptocurrencies, offering investors flexibility in formulating their strategies to maximize gains and relieve risks.

 

2.LCX and LunarCRUSH Announce Partnership to Provide Advanced Crypto Market Insights

LCX ” Financial services company ”  has partnered with social investigation platform LunarCRUSH to give  progressed crypto market insights to security tokens and consistent digital assets. The partnership will provide information for better crypto trading and investment decisions.The announcement is published by means of  authority LCX  press release on June 30, 2020.

 

The partnership will concentrate on security tokens and expects to simplify the way toward assessing digital assets, analyzing token fundamentals, and understanding industry trends.

 

LCX and LunarCRUSH Announce Partnership to Provide Advanced Crypto Market Insights

 

Key advantages of the partnership are:

  • LCX Token has been listed at LunarCRUSH’s platform to deliver community insights, background information and real-time market data.
  • LCX Terminal will include a new tab called “Social Signals”, to get to continuous real-time community insights and advanced analytics. This new feature at LCX Terminal will show subtleties social media data, influencer engagement and quantitative sentiment analysis.
  • Furthermore It consented to join the technology and knowledge to deliver advanced market analytics for security token and other compliant digital assets as well. The objective is to convey insights for security tokens and deliver the research content every investor needs

 

Joe Vezzani, CEO and Founder of LunarCRUSH said :


“We are eager to work with LCX to carry the intensity of social insights to even more people and to power the next generation of cryptocurrencies,” .  “This partnership will enable us to accelerate the development of key insights into newly issued security tokens and deliver vital information every investor needs.”


 

About LunarCrush

LunarCrush uses artificial intelligence and machine learning to analyze cryptocurrency data from dozens of sources to uncover valuable insights you can use to make confident, data-driven trading decisions. Gain the visibility and context you need to buy, sell or hold.LunarCRUSH delivers community insights to crypto investors, funds and exchanges. Through research applications and APIs, get real-time insights that help make informed crypto investment decisions.

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