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PrimeXBT and Covesting to Make DeFi Staking Easy
30.4.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
One of the most crucial driving factors early on in the ongoing cryptocurrency bull market was the sudden emergence of decentralized finance, also known as DeFi.
In early 2020 the total value locked in DeFi...
Interoperability May Be The Single Biggest Threat to Ethereum’s Dominance
30.4.2021
While it may still be the primary network hub for defi activities, smart contracts, and NFTs, bridges built using competing networks like Tezos could pose a serious challenge to Ethereum’s market share in these areas. New Solutions to Old Problems Could Undermine Network’s Potency...
Vesper Integrates ChainLink for TVL Data; Unveils LINK Pool
30.4.2021
Vesper Finance, the leading DeFi ecosystem for crypto coins, announced that it has partnered with ChainLink to establish the US dollar price of Total Value Locked (TFL). In its press release, Vesper said it wants to work with leaders delivering technologies that support the company’s...
We all know the issues with DeFi — but what are the answers?
30.4.2021
High costs and transactions prioritized by gas fees often make using DeFi protocols challenging to say the least. Does it really need to be this difficult?
Inverse Finance acquires Tonic Finance in possible first-ever DeFi protocol merger
30.4.2021
Will Inverse set a precedent for protocols acquiring protocols?
‘Semi-fungible token’ project launches on Binance Smart Chain
29.4.2021
MocktailSwap is reportedly the first ERC-1155 standard token to launch on Binance Smart Chain
The Launch of Nerve Finance On Solana To Help DeFi Users
29.4.2021
Leading Automated Market Maker solution for trading stablecoins and pegged tokens on the Binance Smart Chain, Nerve Finance has successfully launched the protocol on Solana, a trusted blockchain portal. In a short span of two months from its launch period, the Nerve community has expanded to...
dFund Announces Token Offering on TrustSwap Launchpad
29.4.2021
The DeFi sector has been a critical part of the digital domain for some time now. With techs like crypto and blockchain becoming a routine part of the market, it is high time the industry got equipped with DeFi solutions. A significant reason why the sector has garnered market prevalence is...
DeFi hacks and exploits total $285M since 2019, Messari reports
29.4.2021
Decentralized finance platforms on the Ethereum network have lost about $285 million to rogue actors since 2019
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
Gate.io Celebrates 8th Anniversary – a New Era for Crypto-Asset Trading
29.4.2021
Leading cryptocurrency exchange Gate.io was established back in 2013 and is now celebrating its eighth anniversary. This is an impressive milestone in the ever changing crypto landscape, but the company isn’t resting on its laurels. Gate.io keeps taking the initiative to innovate and offer...
Money Legos keep stacking! Finance Redefined 4/21-4/28
28.4.2021
Why acquire when you can integrate?
AllianceBlock to Offer DeFi Bridge to London Stock Exchange Group Clients by Q4
28.4.2021
A new bridge between the traditional finance industry (TradFi) and decentralized finance (DeFi) might be available to London Stock Exchange Group (LSEG)'s institutional clients by the end of this year, according to Rachid Ajaja, Founder and CEO of AllianceBlock, the creator for the bridge...
QuickSwap (QUICK) gains 420% as Polygon’s (MATIC) L2 network attracts new liquidity
28.4.2021
Low fees and high yield opportunities briefly pushed QuickSwap price above the $1,000 mark as the Polygon-based layer-2 solution sees adoption from new blockchain projects
Uranium Finance developer suspected of ‘leaking’ information leading to $50M exploit
28.4.2021
A member of Uranium Finance’s developer team said they suspect that the recent hack of the platform may have originated internally. They’ve urged affected users not to contact any other members of the Uranium Finance team
Ethereum’s Price Taps Fresh New Highs, ETH Market Cap Eats Away BTC Dominance
28.4.2021
The second-largest cryptocurrency in terms of market valuation, ethereum, has seen significant gains this week in comparison to the rest of the crypto economy. On Wednesday, ethereum tapped an all-time high at $2,736 per unit as the crypto asset has gained 11.48% during the last seven days....
Uniswap v3 hopes to reinvent its DEX, others see a different path for DeFi
28.4.2021
The v3 upgrade seeks to maximize capital efficiency, but it may worsen many impermanent loss-related issues that plague DeFi
Alkemi Announces Out of Stealth to Offer Best of Both Worlds
28.4.2021
Alkemi Network has announced the launch of Out of Stealth – the liquidity network which offers institutional Decentralized Finance (DeFi) facility to customers. What makes this launch special is that the network is the world’s first such decentralized liquidity network and now live on...
$50M reportedly stolen from BSC-based Uranium Finance
28.4.2021
Uranium Finance joins the growing list of hacked projects on the Binance Smart Chain network