A pension fund in the United States has added both Bitcoin and Ether to its portfolio. This marks the first-ever cryptocurrency investment by a US public pension plan, further highlighting institutional demand for crypto exposure. Firefighter Pension Partners With NAYDIG According to a press release from Newswire, the Houston Firefighters' Relief and Retirement Fund (HFRRF) announced their investment this morning. NAYDIG – a Fintech service provider for banks, corporations, and institutions – facilitated the purchase on the fund’s behalf. It…
Tag: AMM
Introducing Jetfuel: Its AMM Now Providing Services on Polygon
Jetfuel is a decentralized finance network initially launched on the Binance Smart Chain (BSC) to provide a vast array of farming and DeFi-related passive income-earning opportunities. Generally, Jetfuel can be described as a one-stop shop for all DeFi services since it connects many services on one dashboard. According to their white paper, their decision to pick BSC was because this blockchain is a complete match for the requirements and services they aim to provide. Jetfuel comes with three major sub…
3 months ago
Automated Market Makers (AMM) – Everything You Need to Know
Investors are seemingly flooding the world of digital currencies with the number of cryptocurrencies in the market today exceeding the 7000-mark. As more digital currencies emerge, it becomes imperative to establish exchange ecosystems. For a long time, individuals have relied on centralized exchanges to swap their digital assets because of the vast amount of liquidity they possess. However, despite the liquidity levels and ease of accessibility, centralized exchanges have become insecure as people incur financial losses. The focus is now shifting…
12 months ago
