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Grayscale to Include 13 DeFi Tokens
21.6.2021
Grayscale, the popular crypto manager, plans to include 13 new DeFi tokens in its investment products. The tokens will offer real-world applications to cryptocurrency owners. The Grayscale team released an asset list back in February, indicating their willingness to add new products. Names like...
Largest Gathering of DeFiers Unite Online June 24 at Global DeFi Summit
21.6.2021
Draper Goren Holm, ConsenSys, Chainlink, Plenty DeFi, Circle, and more take the stage to determine the future of decentralized finance. The largest gathering of decentralized finance enthusiasts unites online on June 24th, the second annual Global DeFi Summit, hosted by Los Angeles-based...
More Than Two Dozen Crypto ATMs to Be Installed in Texas-Based H-E-B Grocery Stores
19.6.2021
H-E-B shoppers will soon be able to obtain digital assets at more than two dozen locations in Texas. Coin Cloud, a crypto automated teller machine (ATM) provider, says 29 H-E-B stores will feature kiosks that provide access to more than 30 crypto assets including defi tokens and stablecoins. H-E-B...
'Crypto Bank Run' Shows Mark Cuban That DYOR Comes Before Regulation
18.6.2021
Mark Cuban. Source: a video screenshot, Youtube, The Filmy
Amid the algorithmic stablecoin debate prompted by what decentralized finance (DeFi) protocol Iron Finance called "the world’s first large-scale crypto bank run," many in the Cryptoverse came down quite hard on Dallas Mavericks...
DeFi focused: Grayscale exploring 13 more crypto assets for its trusts
18.6.2021
Grayscale has added 13 new cryptocurrencies to its list of assets under consideration, again exhibiting significant interest in DeFi
Mark Cuban calls for stablecoin regulation in wake of Iron Finance 'bank run'
18.6.2021
After a bank run on the Iron Finance protocol cost him dearly, Mark Cuban is calling for regulation to define “what a stablecoin is and what collateralization is acceptable.”
Mark Cuban Hit by Iron Finance Token Crash, Calls for Defi Regulation
18.6.2021
Billionaire investor and Shark Tank star Mark Cuban has called for cryptocurrency regulation focusing on decentralized finance (defi) and stablecoins after a token he invested in collapsed from $64 to near zero. Cuban Wants Defi and Stablecoin Regulation After Investing in Collapsed Token...
Iron Finance Token Slides From $64 to Near Zero Following ‘Large-Scale Crypto Bank Run’
17.6.2021
The Iron Titanium token (TITAN) value has quaked a great deal after the project suffered from what the team called “the world’s first large-scale crypto bank run.” After touching a high of $64 per token on Wednesday, the project slid to near zero and remained worthless on Thursday...
Gelato Network launches ‘G-UNI’ Uniswap v3 management token
17.6.2021
The new system will rebalance Uniswap v3 positions every half hour, allowing users to reap additional fees with less single-sided liquidations
Australia’s Top Regulators Monitor Impact of Stablecoins
17.6.2021
The leading six regulators of Australia are analyzing the effect of exclusively-owned stablecoins in the market. Stablecoins are a type of cryptocurrency assets that have their value connected to any traditional asset like fiat currency or gold. Such linkage reduces the chances of volatile trends...
Introduction of Panther Whitepaper for DeFi Users
17.6.2021
Public blockchains lack innate privacy, making all transactions publicly viewable. Although it is not necessarily a bad trait, many users actively seek privacy solutions. Panther Protocol, a project focused on DeFi privacy and interoperability, details how it will achieve this goal in...
Bitdao Collects $230 Million in Private Capital From Investors
17.6.2021
As the decentralized finance movement proves its staying power and resilience, one of the world’s largest decentralized autonomous organizations, Bitdao, has concluded a private fundraising round to promote mass adoption of open finance. DAO to Allocate Capital Towards Improving Defi...
Alchemix patches ‘Reverse Rug’ exploit, address $6.5 million shortfall
17.6.2021
In an unusual twist for the latest DeFi exploit, the users were the ones to walk away in profit
Kyber expands to Polygon, announces $30M ‘Rainmaker’ liquidity mining program
16.6.2021
The Kyber Network is set to float a $30 million liquidity mining program on both Ethereum and Polygon pools
New DAO launches after $230M funding round including Peter Thiel, Alan Howard
16.6.2021
A new decentralized autonomous organization, BitDAO, announced its launch with a $230 million private sale and major contributions from Singapore-based Bybit
Reef Finance Partners With Multi-Chain Oddz Finance
16.6.2021
The deceleration of Oddz’s partnership with Reef Finance is overwhelming as it is the first operating system of cross-chain DeFi, allowing business with fluidity from Decentralized and Centralized Exchange with profit engine and smart aggregator. The feature of Substrate Framework has been...
Defi Derivatives Exchange Dydx Raises $65 Million – Project Plans to ‘Launch a Mobile Application’
16.6.2021
The decentralized exchange (dex) Dydx announced the organization has raised $65 million in a Series C funding round led by Paradigm. The Dydx announcement notes that the additional capital will be leveraged to “significantly improve liquidity” on the dex platform “through...
Billionaire Mark Cuban Commends Defi Economy Dubbing It the ‘Next Great Growth Engine’
15.6.2021
On June 13, the billionaire investor and co-host of the television series Shark Tank, Mark Cuban, explained his fascination with decentralized finance (defi) in an editorial published to his blog. Cuban details that many defi organizations are different because they are not corporate entities...
As Yearn.Finance’s yield vaults grow, ‘crop’ projects define boundaries
15.6.2021
Alchemix and Yearn.Finance appear to be squaring off with Curve and PoolTogether, but for now there appear to be harmonious solutions
DeFi exchange dYdX raises $65M in Series C fundraiser
15.6.2021
The dYdX platform allows users to trade perpetual contracts with exposure to various crypto markets. It claims to have built the fastest decentralized exchange through layer-two solutions