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BCH Defi Project Detoken to Close Its Doors Over Regulatory Climate Toward Crypto Derivatives
30.8.2021
On August 28, the Bitcoin Cash-based decentralized finance (defi) platform Detoken announced the project is closing its doors on September 4, 2021. The project’s founder, Semyon Germanovich, explained that the main reason for shutting the defi project down is because of the “changing...
Altcoin Roundup: Layer-one protocols chip away at Ethereum’s dominance.
28.8.2021
Layer-one projects register a steady inflow of new users as the cost of using the Ethereum network gives projects like Avalanche and Cardano room to gain a foothold in the market
Weekly Defi Swaps Tap $17 Billion While Dex Aggregators Now Share 22% of the Trade Volume
19.8.2021
Over the last seven days, decentralized exchange (dex) trade volume has tapped $17 billion across the 21 Ethereum dex platforms. Pancakeswap has seen between $400K to $860K every 24 hours during the last week as well. Meanwhile, dex aggregators are eating away at dex trade volumes, becoming more...
How do DeFi protocols get hacked?
14.8.2021
An analysis of several dozen hacks identifies the main vectors and typical vulnerabilities in the decentralized finance sector
Uncollateralized Lending Platform Truefi Raises $12.5 Million From A16z, Alameda and Blocktower
7.8.2021
Truefi, an uncollateralized loan platform, has raised $12.5 million from three important investors. The token sale was led by Blocktower, a New York-based cryptocurrency investment firm. Other important investors were Alameda Research — owned by Sam Bankman-Fried, founder of FTX —...
Bitcoin Cash Shows Maturity in Its Fourth Anniversary
1.8.2021
Born four years ago as a result of the disagreement between two groups over scaling issues, Bitcoin Cash has grown to be so much more. Offering a full suite of solutions for cryptocurrency users, having support from thousands of merchants at a worldwide level, and recently introducing Smartbch,...
Dvision Network Bringing a New NFT Experience on Enjin Blockchain Network
28.7.2021
Dvision Network has emerged as one of the fastest-growing NFT and blockchain gaming protocols in recent months. The blockchain protocol has made significant progress since its inception and continues to create new milestones. The latest is a partnership with the leading NFT ecosystem provider...
Unique Addresses Tethered to Ethereum Defi Apps Climb Past 3 Million
28.7.2021
The number of users or unique addresses leveraging decentralized finance (defi) protocols via Ethereum has risen past 3 million according to recent statistics. A vast majority of these unique addresses use the defi protocol Uniswap, as 2.4 million users have been recorded since December 2018....
Grayscale Investments Launches Defi Fund — Now Offers 15 Crypto Investment Products
20.7.2021
Grayscale Investments has launched a decentralized finance (defi) fund. The new defi fund is the crypto asset manager’s 15th investment product and its second diversified product. “The emergence of decentralized finance protocols provide clear examples of technologies that can redefine...
Data Shows Decentralized Finance Took a Hit in Q2 but Is Still Booming
17.7.2021
While decentralized finance took a hit in Q2, stats still show there is an important movement in these protocols. Data taken from Messari’s Q2’21 defi review show that decentralized exchanges are busy settling important numbers. Decentralized Finance Bruised but Still Up...
Blockchain Groups From Major Universities Are Powerful Voters in Defi Governance Protocols
14.7.2021
Data shows a number of groups from major universities are participating in decentralized finance (defi) governance. For instance, out of 15 of the largest voters in Uniswap’s last governance proposal, six of the major voters were tied to universities like Harvard, Berkeley, Stanford, Penn...
Alium Finance DEX Integrates with Polygon And ETH Blockchain Protocols
8.7.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
The Alium Finance project has successfully integrated its Aliswap decentralized exchange with the Ethereum and Polygon networks, leveraging the capabilities of both blockchains for expanding functionality for...
Compound Launches Treasury to Introduce Institutions to Defi
30.6.2021
Compound, one of the leading defi-based protocols, is launching a new service called Treasury. Compound’s Treasury is a new product designed to help institutions enter the defi space. Launched in partnership with Circle and Fireblocks, it skips the uber astounding rates conventional defi...
The radical need for updating blockchain security protocols
25.6.2021
More profound security practices will encourage wider trust in DeFi and create a culture around security that will advance the industry
Jigstack (STAK) Token Is Now Listed on Bitcoin.com Exchange
7.6.2021
PRESS RELEASE. Bitcoin.com Exchange is ecstatic to announce the listing of STAK, being available to trade on the 7th June 2021 at 10:00AM UTC. STAK was created by the Jigstack team, as the driver and as its governance token, incorporating a variety of specific DeFi protocols under one Jigstack...
‘Sidequests,’ sponsorships, and e-sports as DeFi protocols ponder user acquisition
1.6.2021
DeFi projects are starting to get creative with their outreach and marketing strategies
Layer 2 network Arbitrum ships guarded launch, attracts major DeFi protocols
29.5.2021
The optimistic rollup network enjoyed had a popular, if rocky, beta launch
Could DeFi-powered banks become an unstoppable force in finance?
19.5.2021
Banks lack an innovative streak, but cutting-edge DeFi protocols often have a usability problem. Is combining the two the answer?
Ciphertrace Report Shows Crypto Crime Moving to Defi
15.5.2021
Ciphertrace, a blockchain analytics company, has announced that crypto-related crimes have moved to the realm of decentralized finance (defi) apps and protocols. Now, the impact these hacks and exploits represent is way bigger than the one classic hacks to centralized exchanges and other scams...
Over 67,000 Fusions: Cashfusion Participants Have Fused Billions of Dollars in Bitcoin Cash
10.5.2021
While some crypto users have been leveraging privacy-centric digital assets like monero, others still use mixing protocols that shuffle unspent transaction outputs (UTXOs) from coins like bitcoin, ethereum, and bitcoin cash. Participants using the Bitcoin Cash network utilize applications like...