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Blockchain Bites: $16K BTC, $1B DAI, $13.6B TVL in DeFi
12.11.2020
Bitcoin is riding fresh three-year highs as nearly all UTXOs are in profit, while MakerDAO's DAI becomes the latest crypto "unicorn" with a $1 billion market cap
MakerDAO’s DAI Stablecoin Breaks $1B Market Cap
11.11.2020
The stablecoin dai (DAI) broke a market capitalization of $1 billion on Wednesday, a major milestone for the DeFi pioneer
Volume Surge Brings 25% Turnover to ‘CoinDesk 20’
10.11.2020
In the latest CoinDesk 20 revision, five assets were replaced by crypto assets that saw recent quarterly volume surges
Yearnify Finance (YFY) Bringing Value To Decentralized Finance Ecosystem – Token Pre-Sale Is Live
7.11.2020
Yearnify Finance is considered as one of the most innovative sources of passive income by most of the investors. It has drawn attention due to its potential high returns and extreme security majors. What is Yearnify Finance? In this article, we will provide detailed information about Yearnify...
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
23.10.2020
PRESS RELEASE. 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 to all users, we offer the most secure and simple way to earn reliable...
Yield farming fuels 623% growth in DAI supply to nearly $1B
22.10.2020
Demand for Ethereum-based stablecoins exploded during the third-quarter DeFi bubble, with DAI’s supply growing by more than 600% and USDC expanding 200%
Tether Still Dominates Stablecoins, but USDC and Dai Are Winning DeFi
21.10.2020
USDC and DAI seem to have found their niche as the preferred stablecoins in decentralized trades
YearnSwap Is All Set to Introduce Its Decentralized Ecosystem
14.10.2020
LONDON, United Kingdom, — YearnSwap.org – Is all set to launch its Decentralized protocols (Lending, Yield Farming, Staking) for public access, YearnSwap aims to provide an Ecosystem with many prominent features available in the market today. With this launch YearnSwap has stepped...
Maker DAO’s Embrace of Centralized Stablecoins Offers Risks and Rewards
12.10.2020
MakerDAO's ingestion of centralized stablecoins may help maintain a $ peg. But it could also invite more regulatory scrutiny
Bitcoin Defi: Smart Contract Platform RSK Integrates ETH-Based Stablecoin DAI
9.10.2020
On October 6, 2020, the RIF (RSK Infrastructure Framework) development team announced that the Makerdao project’s DAI stablecoin is now available via the smart contract protocol RSK. According to the software engineers, RIF developers leveraged the RSK-Ethereum token bridge and individuals...
RSK Bitcoin sidechain ports Dai to connect with Ethereum DeFi
6.10.2020
Interoperable DeFi platforms can help with Ethereum's high transaction fees
Yearn Finance Connect (YFIC) New DeFi Project Decentralized Finance, Staking, Lending & Yield Farming
5.10.2020
Yearn Finance Connect is a decentralized token under the ERC-20 protocol, that allows users to stake YFIC, borrow assets, and vote for improvements within the community. Yearn Finance Connect staking platform enables investors to earn a yield on YFIC token, depositing, and selecting the amount...
Stablecoin Supply Doubles in 3 Months as Combined Market Cap Surpasses $20B
4.10.2020
2020 has been the year of stablecoins, as the token supply has doubled in the last three months. The aggregate market capitalization of 28 stablecoins captures over $20 billion on October 4, 2020. While tether still dominates the stablecoin ranks, USDC has been moving closer toward the top...
Yield farming platform APY Finance locks $67 million in first hour
2.10.2020
APY.Finance is the latest DeFi protocol to explode in popularity, locking more than $67 million of stablecoins in the first hour of launching its mining program
Did a class-action suit play a role in Maker's refusal to compensate March crash victims?
25.9.2020
The community had originally voted in favor of compensation, but the final tally showed a different outcome
Makerdao Vote to Not Compensate Black Thursday Victims Receives Harsh Criticism
25.9.2020
Large Makerdao holders decided not to compensate the victims that were liquidated during the unexpected flash crash that took place on March 12, otherwise known as ‘Black Thursday.’ An aggregate total of 38 votes was cast and more than 65% of the governance portal participants voted...
Blockchain Bites: MakerDAO’s Do or Dai Moment, Bitcoin in Africa, Dollar Trends Up
24.9.2020
MakerDAO has voted not to compensate victims of the "Black Thursday" flash crash, a former Pantera partner is launching a new crypto-focused fund and bitcoin may be headed to the doldrums as the U.S. dollar rises
Origin Debuts OUSD, a Stablecoin That Works Like a Savings Account
23.9.2020
Origin is announcing Origin Dollars, or OUSD, a stablecoin whose reserves leverage decentralized finance (DeFi) so that balances grow wherever it resides
Firstderivative Yield Farming Project Is Now Live With x10 Bonus
19.9.2020
The latest trends at the cryptocurrency market are largely characterized by DeFi gaining more momentum and the upcoming launch of ETH 2.0 staking algorithm. As both DeFi and staking markets keep growing swiftly, their synergy also strengthens, leading to an increased superposition and consequently...