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YFI and SUSHI Rally as DeFi Superpowers Headed for Merger


Source: Adobe/Nik_Merkulov The DeFi protocol yearn.finance (YFI) is set to merge with SushiSwap (SUSHI), another leading DeFi protocol, with their respective tokens surging. SUSHI is up 27% in the past 24 hours, trading at USD 1.87 (09:11 UTC), YFI jumped by almost 8%, to USD 27,380. Per a blog...

Better than DeFi: SINOVATE’s New Infinity Nodes Provide Up to 130% Returns


SINOVATE’s Incorruptible Data Storage (IDS) dCloud network is providing game-changing decentralised cloud storage to the market – and to do that, the network needs reliable, distributed hardware and dedicated servers which will provide it with the stability and longevity needed to...

Introducing MoonDeFi, a New Part of Decentralized Finance


PRESS RELEASE. Centralized exchanges have been the backbone of the cryptocurrency market for years. They offer fast settlement times, high trading volume, and continually improving liquidity. However, there’s a parallel world being built in the form of trustless protocols. Decentralized...

KP2R Network: A Decentralized Marketplace for Developers


PRESS RELEASE. The past decade has witnessed a revolution in traditional finance led by the utilization of blockchain technology. Blockchain technology has shown greater use cases since the development of leading coin Bitcoin. It has been used in different sectors of world economics including...

$100 Million Liquidated on Defi Protocol Compound Following Oracle Exploit


Lenders on decentralized finance (defi) protocol Compound on Thursday got liquidated for a massive $103 million, according to analytics provider Loanscan. This happened after what appears to be an oracle exploit on the Dai stablecoin. An apparent error or malicious attack to the Dai-dollar-peg data...

ZK International Subsidiary xSigma Introduces New Defi Project


PRESS RELEASE. xSigma Corporation, a wholly owned subsidiary of ZK International Group (NASDAQ:ZKIN), was launched in 2018 as a blockchain research and development lab to solve real-world infrastructure challenges. After two years of intensive research into smart contracts and other...

Aleph.im Partners with RioDefi to Strengthen the DeFi Sector


Hailed as a highly-acclaimed name in the decentralized sphere, Aleph.im Network is all set to expand its cluster by entering into a strategic partnership with RioDefi, a trusted crosschain DeFi portal leveraging services for DeFi users. The integrating parties will put in their joint efforts...

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