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Leading DeFi projects launch $100M global adoption initative
30.8.2021
The initiative — built on the Celo ecosystem — identified the lack of inclusivity and accessibility in the traditional financial markets
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...
Fantom Rallies, Solana Hits USD 100 on Continued DeFi, NFT Craze
30.8.2021
The smart contract platform Fantom and its FMT token stood out as the big winner in the crypto market today, after a massive weekend price rally fuelled by growth in the decentralized finance (DeFi) and non-fungible token (NFT) trading. Meanwhile, the Solana network’s native token SOL also shot...
Cream Finance DeFi platform loses $19M in a flash loan hack
30.8.2021
The Cream Finance hacker gained $18.8 million by exploiting a reentrancy bug in the AMP token in a set of 17 transactions
Cream Finance Suffers USD 25M Flash Loan Attack
30.8.2021
Decentralized finance (DeFi) project Cream Finance (CREAM) confirmed that they've suffered an exploit today.
"C.R.E.A.M. v1 market on Ethereum has suffered an exploit, resulting in a loss of 418,311,571 in AMP and 1,308.09 in ETH, by way of reentrancy on the AMP token contract," the team...
Umbrella Network Collaborates With Genesis Volatility
30.8.2021
Known for its highly-efficient, scalable, and trusted oracle services devoted to DeFi and blockchain firms, Umbrella Network has entered into a strategic partnership with Genesis Volatility, a renowned analytics portal for crypto options trading. With this collaboration, Umbrella Network will...
Beleaguered DeFi project xToken suffers second major exploit since May
30.8.2021
xToken has been exploited for around $4.5 million following the latest attack targeting the DeFi protocol’s smart contracts
Ethereum Fees Jumped 154% Since Last Week, $400 Uniswap Fees, $1K to Interact With Opensea
29.8.2021
Following the bug and the split that occurred after a great number of Geth nodes did not upgrade, Ethereum fees have risen dramatically since August 21, jumping from $11 per transaction to today’s 0.0088 ether per transaction ($27.98). Ethereum Transaction Fees Skyrocket Ethereum is...
Polygon DeFi Yield Farming on AscendEX
29.8.2021
PRESS RELEASE. AscendEX, a leading cryptocurrency trading platform, is excited to celebrate Polygon (Curve) Yield Farming on their staking portal by offering an increased APR for active participants. For a limited time, AscendEX users will earn extra returns while Yield Farming with Polygon for...
Cosmos (ATOM) rallies after launching a cross-chain bridge and wrapped Bitcoin
29.8.2021
ATOM price booked triple-digit gains after the network built out its DeFi ecosystem and works on cross-chain bridges for ETH and BTC
Jack Dorsey Discusses Square Building a ‘Bitcoin-Native’ Dex Platform, Project Lead Shares Insight
28.8.2021
On Friday, the CEO of Twitter and Square, Jack Dorsey talked about the decentralized exchange Square is constructing called “TBD” or the “TBD BTC DEX.” First mentioned in July, Dorsey tweeted that the company has “determined [TBD’s] direction and he also...
Meme-Crypto Wars: Dogecoin and SHIB Prices Falter, Cake Monster Jumps Over 800% in 7 Days
28.8.2021
In 2021, meme-based crypto assets skyrocketed in value following the lead of the original meme crypto-asset dogecoin’s massive gains. This week a great number of digital currencies have rebounded in price but a slew of popular meme tokens are not doing so hot this week. However, one specific...
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
Jack Dorsey discusses plans to build a decentralized exchange for Bitcoin
27.8.2021
First announced in July, Square's TBD unit is developing a "non-custodial, permissionless, and decentralized financial services" business whose "primary focus is Bitcoin."
SEC reportedly contracts blockchain analytics firm to monitor DeFi industry
27.8.2021
"The SEC is very keen on understanding what is happening in the world of smart contract-based digital assets," said Victor Fang
The new episode of crypto regulation: The Empire Strikes Back
27.8.2021
A decentralized exchange reckoning is coming — and it’s bigger than the infrastructure bill — thus, the DeFi community must be ready
Have your stake and earn fees too: Tushar Aggarwal on double dipping in DeFi
27.8.2021
Proof of humanity governance will make DeFi fairer, says Harjyot Singh
27.8.2021
Cointelegraph interviewed the tech director at Human Protocol to discuss the company’s recent developments and the potential of proof-of-humanity
RoboFi to Integrate With Chainlink VRF for RoboFi Game
27.8.2021
RoboFi, a DeFi platform working towards the new age of DAO crypto staking bots using a whole new concept named Initial Bot Offering (IBO), has announced that Chainlink Verifiable Random Function (VRF) integrated on the Blockchain of Binance Smart Chain. The firm will acquire fool-proof...
Will Polkadot save decentralized finance from Ethereum’s scaling problem?
26.8.2021
Polkadot is trying to achieve scalability without compromising network security. Early signs suggest it may beat Ethereum 2.0 in the transaction fee race