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Tidal Finance Launches Mainnet for DeFi Insurance
28.7.2021
Tidal Finance finally made the most exciting announcement of launching the innovative mining program and mainnet for the coverage providers associated with the platform. The foremost multi-chain platform of DeFi insurance, Tidal Finance, was first launched at the Polygon Network. The platform...
Total Value Locked in DeFi is a 'Deceptively Complicated Metric'
28.7.2021
One of the most often used metrics in the decentralized finance (DeFi) industry, total value locked (TVL), is "a deceptively complicated metric hiding under a benign name," according to crypto intelligence firm Coin Metrics.
What this metric should be measuring is the total size of...
Cronos to Integrate Chainlink Price Feeds Oracle Solution for DeFi Apps
28.7.2021
We’re thrilled to announce that Chainlink Price Feeds will be integrated into Crypto.com’s Cronos as our recommended oracle service for developers needing external financial market data in their DeFi applications. The upcoming integration will give Cronos developers native access to the industry’s...
Unique Addresses Tethered to Ethereum Defi Apps Climb Past 3 Million
28.7.2021
The number of users or unique addresses leveraging decentralized finance (defi) protocols via Ethereum has risen past 3 million according to recent statistics. A vast majority of these unique addresses use the defi protocol Uniswap, as 2.4 million users have been recorded since December 2018....
Traders anticipate 'DeFi Summer 2.0’ after TVL and token prices rise
28.7.2021
A rally in blue-chip DeFi tokens and the sector’s rising total value locked has traders hopeful that a prolonged rally will take place
The Importance of Incubators and Launchpads for DeFi Projects
28.7.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
The past two years have been phenomenal for Decentralized Finance (DeFi). Starting off with about 794 million USD in April 2020, the DeFi market grew by 6,575% in a year, reaching 55.43 billion USD....
Kick.io is Spearheading the Transition to Cardano-based DeFi.
28.7.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Few seasoned observers would deny that Decentralized Finance (DeFi) has been on a rocky road recently. Volatile prices, multiple market corrections, and forces of creative destruction are in the process...
Binance Smart Chain Dethroning Ethereum as Backbone of Defi Ecosystem
28.7.2021
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
The blockchain ecosystem witnessed explosive growth in 2020, thanks to the surging popularity of DeFi and NFTs. The growth has amplified the limitations...
ZKSwap’s V2 mainnet is set to go live tomorrow
28.7.2021
ZKSwap’s V2 upgrades include unlimited token listings and faster withdrawal times
Here’s why DinoSwap’s (DINO) TVL rose above $330M a week after launch
27.7.2021
High yield opportunities and a steady resurgence in DeFi tokens helped push DinoSwap’s TVL above $330 million just one week after launch
Stacks AMM Revealed, Native Bitcoin Swaps Executed With Proof-of-Transfer Protocol
27.7.2021
According to a recent report, the first trust-less swap between the Bitcoin blockchain and Stacks protocol has been executed. The co-founder of the Stacks protocol, Muneeb Ali tweeted about the native bitcoin swap and said the progress is a big deal. Trust-less Native Bitcoin Swap Executed With...
Goldman Sachs Files Defi ETF Application
27.7.2021
Goldman Sachs, one of the biggest banking institutions in the world, has filed an application to offer an Exchange Traded Fund (ETF) linked to the performance of decentralized finance (defi) companies. The instrument, if approved, would help institutions and retail investors gain exposure to defi...
Reef Finance Introduces Hypersign to its Ecosystem
27.7.2021
Another feather was added to the crown of the ever-expanding ecosystem of Reef Finance, titled Reef Ecosystem when it welcomed Hypersign. This business enterprise specializes in providing solutions for decentralized identities (DID). Hypersign has become the latest name in the long list of solution...
Goldman Sachs DeFi ETF Prompts Confusion On What It Really Is
27.7.2021
The financial heavyweight Goldman Sachs is hoping to launch an exchange-traded fund (ETF) that tracks public firms, one way or another working in the blockchain-related sphere. The ETF would track an index but its composition (and the firm’s definition of DeFi) has seen much derision aimed its...
Goldman Sach's new 'DeFi' ETF is anything but
27.7.2021
Goldman Sachs has filed for a “DeFi” ETF that will track major stocks including Nokia, Google, and Fujitsu
Thorchain Trolled by Hacker After Two Successful Seven-Figure Exploits
27.7.2021
Thorchain, a popular defi protocol, has been compromised twice in the last two weeks, resulting in losses of over $10,000,000. The hacker responsible for the latest exploit left behind a message detailing the measures that should be undertaken to protect users. Hacker Returns to the Scene...
DeFi tokens book double-digit gains after Bitcoin rallies above $39,000
26.7.2021
AMP, XVS and RSR price saw strong breakouts after a short squeeze sent Bitcoin price within a hair of the $40,000 level
Binance Smart Chain Creates a $10 Million Bug Bounty Fund to Tighten Protocol Security
26.7.2021
The Binance Smart Chain has launched a $10 million bug bounty fund for projects building on top of the protocol, called “Priority One.” The initiative aims to keep the blockchain network secure by encouraging bug bounty hunters and ethical hackers. Binance Smart Chain Reveals...
How crypto can modernize the world of lending
26.7.2021
Crypto lending offers powerful advantages when compared with the status quo, including more competitive interest rates and flexible terms
Crudeoil Finance & the Collective Form a Strategic Alliance
26.7.2021
In a partnership of strategic interest, Crudeoil finance has decided to come together with Collective to explore opportunities in the space of global marketing and customer growth. Crudeoil Finance has carved a place for itself in the Decentralized Finance (DeFi) space, thanks to its unique...