Search
21Shares Lists New Crypto ETPs to Create Scope
16.5.2022
The crypto investment platform 21Shares Introduced a couple of new Exchange Traded Products (ETP) as it plans for an expansion. The Layer-1 and decentralized finance ETPs launch are expected to let investors partake in the global web3 revolution. 21Shares is an ETP provider based in...
Japan’s Nomura Said to Launch Crypto Unit With DeFi and NFTs on Menu: Report
16.5.2022
Terra’s Fall Creates Ripples Among DeFi Networks
16.5.2022
The impact of Terra plummeting to $0 has crossed the ecosystem and created a chain reaction that brought down several DeFi networks and applications. Statistics confirm that the total TVL of the DeFi ecosystem lost nearly $100 million, fueled by this event. The current crisis is seen as a blow...
Trust in Decentralized Finance Rattled After $100 Billion Left the Defi Economy
15.5.2022
The effect of Terra’s demise continues to shine a light on the fragility surrounding the decentralized finance (defi) ecosystem. Things have changed a great deal following Terra’s aftermath, as the total value locked (TVL) in defi has plummeted from $231 billion to today’s...
2022, the Year Layer 2 Takes Off
15.5.2022
Will Harborne is the Founder and CEO of non-custodial exchange DeversiFi.
__________
This is a pivotal year for Ethereum layer 2 (L2) solutions. What happens over the coming months will be critical in making decentralized finance (DeFi) work better, faster, and more reliably for a far greater...
DeFi attacks are on the rise — Will the industry be able to stem the tide?
14.5.2022
Dozens of DeFi systems have been hacked over the past year, and the trend doesn’t seem to be abating
DeFi transforming lending routes on the blockchain
14.5.2022
Decentralized routes of lending and borrowing through smart contracts are allowing DeFi finally to overthrow the traditional finance sector
Lido Deploys Additional Curve Pool to Improve Liquidity Around Bonded ETH Peg
13.5.2022
On Friday, the value locked in decentralized finance (defi) protocols dropped to a low of $110.35 billion after there was more than $200 billion total value locked (TVL) eight days ago on May 5. One specific defi protocol called Lido, a liquid staking platform and the second largest defi...
Polkadot Launches First Cross-Chain Link Between Acala & Moonbeam
13.5.2022
Moonbeam has announced a cross-chain link with Acala using HRMP bidirectional channels that allow token transfers and native communications between the chains without any bridges. The connection uses XCM on the Polkadot platform as XCM was recently released. However, many more will undoubtedly...
Forward To Integrate Chainlink To Enhance DeFi Exchange and LBP
13.5.2022
Forward recently announced its integration with Chainlink Price Feeds on BNB Chain to power its DeFi (decentralized finance) exchange and LBP or lending and borrowing protocol. The team also plans to associate itself with Chainlink Keepers to liquidate positions and loans and rollover loans...
Bank of Spain Governor Highlights Need for Fast Regulation in Defi and Crypto
13.5.2022
Pablo Hernández de Cos, governor of the Bank of Spain and chair of the Basel Committee on Banking Supervision, explained that the cryptocurrency space and decentralized finance (defi) need to be regulated swiftly to avoid risks of financial instability. Hernandez de Cos also mentioned how this...
The YashaDAO Is Looking To Fund DeFi’s High Potential Projects
13.5.2022
Despite many cryptocurrencies decreasing in price, there are still thousands of cryptos in existence as of May. Although many of these projects have high potential, they often lack the monetary backing and team experience needed to take them to the next level. As a result, cryptocurrencies such...
DeFi protocols declare losses as attackers exploit LUNA price feed discrepancy
13.5.2022
Venus Protocol and Blizz Finance announced that their protocols were exploited due to the difference in LUNA market price and price feed as Chainlink paused the LUNA oracle
Aurora launches $90M fund to finance DeFi apps on Near Protocol
13.5.2022
Aurora, an EVM scaling mechanism on the Near protocol, has launched a $90 million token fund in partnership with Proximity Labs to attract new developers
Luna's Collapse Shows DeFi's Dire Need for Technical, Regulatory Controls
12.5.2022
Crypto needs regulation but should be done right: Report and database
12.5.2022
The absence of a well-defined regulatory landscape sows uncertainty in the crypto industry. What should the regulators do to set things right?
Teller Finance Wants to Diversify DeFi With Travel Insurance
12.5.2022
Teller’s CreditFi platform lets USDC holders earn yield by lending capital to Koala Insurance
Terra-Based DeFi Protocol Anchor Proposes Cutting UST Yield Rates to 4%
12.5.2022
The proposal comes amid ongoing concerns regarding the long-term stability of Terra tokens LUNA and UST
Grape Finance Secures GRAPE Stablecoin with Chainlink
12.5.2022
Grape Finance has integrated Chainlink Price Feeds, gaining access to high-quality and tamper-proof price data. Users benefit from the integration as they are assured that MIM price data is now hyper-resistance to data manipulation. Chainlink Price Feeds has been integrated by Grape Finance...
Terra contagion leads to 80%+ decline in DeFi protocols associated with UST
11.5.2022
Projects associated with Terra suffer losses of more than 80% as contagion spreads. Meanwhile, Maker (DAI) gets a boost as traders look for other decentralized stablecoin options