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Flash Loan Attacks Drain 2 Binance Smart Chain Defi Projects for $6 Million
25.5.2021
There have been two back-to-back flash loan attacks in a short period of time stemming from two unique Binance Smart Chain decentralized finance (defi) projects. Last Wednesday, the yield-farming platform Pancakebunny lost close to $3 million in a flash loan attack according to reports....
DeFi Yield Protocol (DYP) Launches Decentralized Tools Dashboard
24.5.2021
Yield Farming protocol DYP has launched its long-awaited DYP Tools. DYP Tools V1 is a decentralized tools dashboard built with features that will increase the use cases for DYP Token and the entire DeFi ecosystem. The tool dashboard serves as a liquidity locker for any DeFi project and protects...
Planting the Seed with Yield Farmer Pro, @Vfat
24.5.2021
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
Today’s interview features @Vfat, a professional Yield Farmer who we have welcomed onto our Don-Key platform!
The Don-Key platform distinguishes itself...
Farm on PactSwap, Get 100M as Yield: PACT Launched on DEX Platforms
19.5.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
On 20 May, the new decentralized exchange PactSwap rolled out farming features. 25 million PACT will be given away to its participants during the first month — 12.5 million in the first 10 days and 12.5...
Alpha Homora defies market slump, bolsters TVL and token price on v2 relaunch
13.5.2021
The leveraged yield farming protocol looks to put multiple missteps in the past with a successful relaunch
Axie Infinity player buys two houses in the Philippines from in-game profits
11.5.2021
An Axie Infinity player from the Philippines claims to have purchased two houses with profits earned through playing the crypto-powered play-to-earn game
South African Tax Collector Targeting Crypto Investors in Its Bid to Raise Extra Revenues
10.5.2021
Latest reports from South Africa suggest that the country’s tax agency will now be targeting cryptocurrency investors as it attempts to increase the total value of revenues collected. Alongside high net worth individuals and offshore investors, digital currency holders now constitute an area...
Bank of Japan Identifies DeFi Pros & Cons, Mentions Uniswap, Yield Farming
7.5.2021
The Bank of Japan headquarters. A Bank of Japan (BoJ)-issued review has tackled the topic of decentralized finance (DeFi) – and has concluded that while certain “risks” are entailed with DeFi adoption, there could be some positive aspects to greater DeFi proliferation.
The review was published...
Everyone Can Earn Passive Income with Covesting Yield
5.5.2021
Disclaimer: The following article is part of Cryptonews Deals Series and was written as a promotional article in collaboration with the sponsor of this offer. If your company has an exclusive promotion that you would like to share with our readers, we invite you to reach out to us. Let’s build...
Will the launch of Uniswap v3 spark a new DeFi boom?
5.5.2021
With Uniswap’s TVL growing from $13.7 million to $8.5 billion since launching its v2 iteration, some onlookers believe the DEX’s v3 launch could spark the next DeFi rally
DeFi Yield Protocol (DYP) Launches DYP Earn Vault
4.5.2021
Leading yield farming platform DeFi Yield Protocol has launched its highly anticipated DYP Earn Vault. The Vault is an automated yield farming contract fully integrated with Compound Protocol and supports five markets, including ETH, WBTC, USDC, USDT, and DAI. Earn Rewards on DYP Earn Vaults Users...
Polygon’s New $100M Fund Aims to Attract Next Million Defi Participants
29.4.2021
As part of its ongoing efforts to make the decentralized finance ecosystem more accessible through infrastructure development, this layer2 scaling solution has introduced a $100 million fund designed to lower the barriers to entry for yield farming and lending. #Defiforall to Support Development...
Yearn Finance made almost as much as in March as it did in 2020
29.4.2021
Fees from yVaults were the biggest contributors to Yearn’s revenue
Yearn Finance Expects Treasury Yield-Farming to Boost Their Revenue
27.4.2021
Yearn Finance (YFI)'s recently launched yield-farming with Treasury assets is making "significant amounts" in revenue and is expected to bring forth "an increasing amount" going forward, the yield-aggregator protocol said in its Q1 report.
The team reported USD 6.016m in total...
Kalmar Launches Leveraged Yield Farming Platform and Upcoming Airdrop
27.4.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Kalmar, a decentralized bank running on Binance Smart Chain, has launched its first DeFi product - their leveraged yield farming platform. Users will be able to lend BNB (Binance Coin) and earn interest or borrow...
Aave v2 launches liquidity mining program targeting stablecoin borrowers
27.4.2021
Aave has launched its v2 liquidity mining program, offering roughly $880,000 worth of governance token rewards to users daily until July 15
TrustSwap and Yield Launch a New FlashDrop Program to Incentivize Smaller Stakers
22.4.2021
TrustSwap — a DeFi project offering a wide range of different services — recently announced the launch of a new program that was created to provide an incentive for smaller stakers. The program, known as the FlashDrop program, will essentially reward up to 3,000 users that have staked...
TrustSwap Rolls Out a New Program on YIELD App — FlashDrop
20.4.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
The DeFi project TrustSwap recently announced the launch of a new product. The product in question is the FlashDrop program, designed to provide an incentive for smaller stakers and add another use case...
Smartlands Platform Launch: Tokenizing the Real Economy in Europe With a First-Mover Advantage
19.4.2021
In April, Smartlands will launch an alternative investment platform for buying and selling tokenized shares of real-world assets. The platform, built on the Stellar open-source network, will first focus on issuing security tokens that represent a suite of high-yield real estate listings based...
Is DeFi yield appetite rising again? Enso raises $5M as YFI hits new highs
16.4.2021
Enso raises $5 million from top funds and YFI price hits a new record high as the demand for DeFi yield rises