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Acting OCC head warns that ‘fools gold’ in DeFi reminds him of lead-up to GFC
24.9.2021
While crypto has been mostly weathered past hacks, scams, and crashes, acting OCC head Michael Hsu warns the risks may be multiplying as the technology goes mainstream
LCX price rallies 300%+ after the launching DeFi Terminal 2.0
23.9.2021
Increasing trading volume at Uniswap, a rising TVL and upgrades to its DeFi platform were followed by a new all-time high from LCX
Cointelegraph Consulting: How Avalanche is reimagining DeFi
23.9.2021
Avalanche is rapidly redefining the DeFi landscape with lower costs and faster transactions. Should Ethereum holders worry?
Staking on Ethereum 2.0, explained
23.9.2021
The upgrade to Ethereum 2.0 comes with many changes, including the migration to the proof-of-stake consensus algorithm, believed to make the network more secure and compensate participants accordingly
Bitfinex launches the first L2 bridge from CeFi to DeFi
23.9.2021
The bridge will facilitate ERC-20 token transactions between centralized and decentralized exchanges
World’s First DeFi Decentralized Casino Platform From DefiXbet
23.9.2021
Crypto casino is trending, thanks to the various cryptocurrencies available in the market. Gamblers fund casino games through cryptocurrencies like Bitcoin, Ethereum, Litecoin, etc. Cryptocurrency provides anonymity while giving control over the funds used. Amidst the huge demand for gaming...
White Hat Hacker Reveals High-Risk Vulnerability on SushiSwap
23.9.2021
A white-hat hacker recently took the DeFi sector by storm after allegedly speaking about high-risk vulnerabilities on SushiSwap. According to the anonymous hacker, the vulnerabilities can risk user funds worth billions of dollars. SushiSwap developers could not secretly fix the issue, resulting...
Solana-Powered Defi Platform Orca Raises $18 Million — AMM Commands Over $300 Million TVL
23.9.2021
The decentralized exchange (dex) platform Orca has announced the platform has raised $18 million in a Series A financing round with Polychain, Placeholder, and Three Arrows co-leading the funding. The dex platform is a Solana-based project that aims to be the “go-to swap” platform...
Crypto asset manager Cobo raises $40M to launch DeFi-as-a-service
23.9.2021
Despite a blanket ban in China and regulatory crackdowns on exchanges in Korea, Asia remains a hotbed for crypto investments
Alchemy Pay Using Chainlink to Enable Trading on Decentralized Exchanges and Borrowing in DeFi Using ACH
22.9.2021
PRESS RELEASE. Singapore, September 22, 2021 – Alchemy Pay is now using Chainlink Price Feeds to enable users to buy crypto on decentralized exchanges (DEXs) and obtain loans in leading DeFi lending platforms directly from wallets using Alchemy Pay’s ERC-20 utility token, ACH....
Wallstreetbets Founder Jaime Rogozinski and Wsbdapp Project Launch 15,000 Generative NFTs
22.9.2021
On September 22, the team behind the Wallstreetbets defi application called Wsbdapp announced the launch of a non-fungible token (NFT) collection featuring 15,000 generative NFTs. According to the team, the NFTs provide utility like VIP access to special metaverse events and yield farming boosts....
Banks Not Looking to Create Own DeFi Alternatives – Investment Banker
22.9.2021
Olsen of JPMorgan’s blockchain arm Onyx, said that finding the “right intersection between private and public infrastructure” will be an important job for the bank going forward. This argument would suggest that some private infrastructure will be necessary as major financial institution
High Yields Draw Institutions to DeFi, But Hurdles Remain
22.9.2021
ustry agreed that although a lot of hurdles remain for institutions to embrace DeFi, the potential for yield is drawing interest.According to Andrew Keys, Managing Partner of the crypto-focused investment firm DARMA Capital, it is the fact that investors can earn yields on, for instance, thei
SundaeSwap Labs Raises $1.3 Million Seed Fund From CFund
22.9.2021
SundaeSwap Labs, decentralized finance (DeFi) platform company, said today that it secured $1.3 million in a seed funding round by cFund, a Blockchain industry early-stage startup capital fund. SundaeSwap Labs is a software business working on a suite of tools that would enable Cryptocurrency...
Firebird Goes Live on Fantom
22.9.2021
Firebird Finance is an emerging name in the DeFi sector, and the venture intends to grow even further. Firebird recently announced that the Firebird SwapV2 is live on Fantom. The integration allows Firebird users to access its solutions on Fantom as well. The announcement also stirred a positive...
SEC registrants seek DeFi and physically-backed Bitcoin ETF approval
22.9.2021
Amplify ETFs, Invesco and Galaxy submitted registrations to the U.S. SEC for Bitcoin and DeFi-based ETF offerings
'Dark Phase' Ahead on DeFi Regulatory Front, yearn.finance Creator Warns
22.9.2021
p>The comments from the outspoken DeFi founder came during a virtual panel discussion titled ‘The Future of DeFi’, hosted by crypto researcher Messari for its Mainnet 2021 event in New York City on Tuesday.In the discussion, moderated by investor and partner at the DeFi Alliance Qiao Wang
US Watchdogs Send More Warning Signs to Altcoins & DeFi, But Coinbase Has a Plan
22.9.2021
ing to steal a march on regulators – by issuing its own proposals for policing the sector.In a video interview with the Washington Post, Gensler likened stablecoins to gambling tokens, stating that “Stablecoins are acting almost like poker chips at the casino gaming tables.”He stated that
Avalanche Defi Platform Vee Finance Attacked — $35 Million in ETH, BTC Siphoned
21.9.2021
On September 21, 2021, an Avalanche-based decentralized finance (defi) platform Vee Finance announced that it suffered from an incident that siphoned 8,804 ether and 213 bitcoin out of the system. The team has suspended the defi platform contracts and stressed that the stablecoins have not been...
DeFi’s potential means more institutional demand for next-gen tokens
21.9.2021
Ether’s impressive YTD gains have largely been overshadowed by the profits accrued by other smart contract-enabled projects