Search
Bitcoin’s Market Cap Is More Valuable Than the IMF’s Special Drawing Rights Reserves
6.11.2020
At its current price per unit, the decentralized cryptocurrency Bitcoin’s market valuation has surpassed the overall value of the International Monetary Fund’s (IMF) Special Drawing Rights market (SDR $281 billion). Since the massive global market rout on March 12, bitcoin has risen...
Ethereum fees declining as DeFi markets cool
4.11.2020
Is the DeFi bubble over? Bitcoin network activity spike may indicate that attention is shifting towards crypto's largest asset
Uniswap Dark (UNID) Next Generation Defi protocol with Ultimate Security Futures, Token Pre-Sale is Now Live
4.11.2020
PRESS RELEASE. Uniswap Dark is a uniswap fork that tackles impermanent and permanent loss. Our exchange provides a decentralized, peer-to-peer, and safe exchange platform with minimal fees and slippage to solve the problems. Usually, trading or swapping on Uniswap demands ERC-20 token to...
DeFi Sell-Off Continues as Index Futures Retrace to June Levels
3.11.2020
DeFi indices on FTX and Binance continue to plummet
Defi Index CVX Measures Crypto ‘Market Fear’ and Implied Volatility
3.11.2020
The decentralized finance (defi) platform cvx.finance has launched the beta version of its “Crypto Volatility Index”, otherwise known as the “CVX.” The CVX is an index similar to the “Market Fear Index” (VIX) commonly used in traditional finance, but cvx.finance...
Zero-sum game: DeFi declines while Bitcoin booms
3.11.2020
While Bitcoin’s value has increased by more than one-third since September, DeFi tokens have floundered. Are the two things related?
Major Defi Token Prices Plunge, as Money Moves Back Into Bitcoin
2.11.2020
Major decentralized finance (defi) projects fell sharply in October, with token prices tumbling by between 30% and 56%, as money appears to be moving away from the overhyped space and back into bitcoin. According to Coingecko data, Andre Cronje’s Yearn Finance (YFI) fell fastest, crashing...
Decentralized Exchange Volume Dropped 25% in October
2.11.2020
A steeper decline was avoided by one record day for Uniswap and Curve
Decentralized VPN Sees Increased Use in Nigeria Amid #EndSars Protests
2.11.2020
Nigerians are protesting police corruption and concerns about a possible internet shutdown have driven some to adopt decentralized VPNs like Mysterium
Uncollaterized Power: A Makerdao Governance Vote Was Swayed by a Defi Flash Loan
2.11.2020
The Makerdao and the stablecoin DAI has been a popular project in the decentralized finance (defi) space and it’s also had its share of problems. This week the project called Bprotocol leveraged a defi flash loan in order to sway a Makerdao governance vote. The development team behind...
Yearnify Finance (YFY) Next Generation Decentralized Finance Project, Token Pre-sale is Now Live
1.11.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Yearnify Finance is a community-centered DeFi-project, modeled to take the successful features of Yearn Finance (YFI), and improve upon them, we aim to bring the true value of yield farming finance accessible...
Genesis Doubles Crypto Loan Issuance for the Third Quarter to $5.2 Billion
1.11.2020
Crypto lender Genesis provided $5.2 billion in new loans in the third quarter of 2020, more than double its previous record of $2.2 billion in the preceding quarter. Issued to corporate borrowers such as hedge funds and trading firms, the loans are mainly denominated in bitcoin (BTC), ether (ETH)...
SwiftCash Facilitates Users to Store the Value with Decentralized Governance
31.10.2020
SwiftCash deploys blockchain based on Proof-of-Stake consensus algorithm in 2018, focusing on self-funded localized governance systems and the economy with a stable growth model. The SwiftCash team aims to improve the energy utilization of a blockchain like bitcoin, using the same security...
Audius, the ‘Decentralized Spotify,’ Is Moving Part of Its Service to Solana Blockchain
29.10.2020
Decentralized music app Audius announced Thursday that it will migrate its content management system over to Solana’s high-speed blockchain from an Ethereum sidechain operated by the POA Network that runs on a set of trusted validators. Audius occupies a similar space to popular music players...
Yearn Finance Founder Andre Cronje’s New Defi Token KP3R Soars 3,600% 24 Hours After Launch
29.10.2020
Yearn Finance founder Andre Cronje’s new defi token called KP3R has soared more than 3,600% in just over 24 hours after official launch, as yield farmers pour in millions of dollars into the project. The token opened at just $10 on Uniswap on Oct. 28, but is currently trading at $373.58,...
Kraken CEO: ‘Defi Scams’ Must Take Their Losses as Way to ‘Enlightenment’
29.10.2020
Jesse Powell, chief executive officer of the world’s fourth-largest crypto exchange Kraken, has criticized decentralized finance (defi) projects, accusing them of being “scams” that enter the market too quickly, unprepared. In a charged Oct. 26 tweet, Powell said...
EcoChain’s Capital Logic Will Transform the DeFi Ecosystem
29.10.2020
Decentralized finance(DeFi) has taken the blockchain network by a storm and is now arguably the most discussed topic. Although it has been a roller coaster ride, the DeFi network has grown enormously in size and number. Today, the total value locked in DeFi contracts is more than $11b. Forex Market...
Aave transfers governance to token holders
29.10.2020
Aave’s core developers have transferred governance rights over to AAVE token holders, giving its community control over the future of the protocol
How a Decentralized Internet Can Power Latin America’s Economy
27.10.2020
Bitcoin, fintech and DeFi can help Latin America become an interconnected and inclusive regional economy
Defi Protocol Harvest Finance Hacked for $24 Million, Attacker Returns $2.5 Million
26.10.2020
Decentralized finance (defi protocol) Harvest Finance was hacked on Monday for $24 million. The attacker targeted the protocol’s liquidity pools, performing an arbitrage attack using a large flash loan – a type of uncollatarized loan – but later returned $2.5 million. In seven...