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Nalezeno "Defi": 7676

DeFi Defied: Five Key Benefits The COV Token Will Bring To Covesting


In the ever-evolving crypto market that never sleeps, new trends and coins are popping up every passing day. The recent decentralized finance explosion has only hastened the pace at which fly-by-night coins are being created. At the same time, however, the booming bandwagon has also shed light...

3rd Incident Hits bZx - Debt Up by USD 8m, Team Still Praises the Protocol


DeFi lending protocol bZx (BZRX) confirmed that "due to a token duplication incident" its insurance fund "has transiently" accrued debt of around USD 8m. At pixel time (08:05 UTC), BZRX, ranked 138th by market capitalization, trades at USD 0.439 and is down by 32% in a day...

NFT Economy Grows Exponential: $1M in Non-Fungible Token Sales Last Week


While a number of people are focused on decentralized finance (defi), the non-fungible token (NFT) industry has also exploded in demand in 2020. Last week, NFT sales soared nearing a million dollars in volume, as the blockchain-based Sorare fantasy soccer card game saw over $221,000 in sales during...

Apple Censors Some Cryptocurrency and Defi Features of Coinbase App


Apple Inc. has censored some cryptocurrency features of the Coinbase app. Specifically, Apple has blocked Coinbase from adding to its iOS app the ability to earn money using cryptocurrency and access to decentralized finance (Defi) apps. Apple vs. Coinbase Cryptocurrency exchange Coinbase has been...

Why DeFi Isn’t Always As Decentralized As You Might Think


With the word ‘decentralized’ in its name, you’d think that DeFi (decentralized finance) would be pretty decentralized. If a platform claims to be DeFi, this should mean that it isn’t under the control of any single party or entity, and that it operates as a function of a large and dispersed number...

Tether Recovers $1 Million USDT Sent to Wrong Defi Address by Chinese Traders


Tether has recovered and returned $1 million worth of USDT to a group of Chinese traders who, in error, sent the funds to a wrong decentralized finance (defi) address. On September 8, the group, going under the moniker ‘Bill,’ “accidentally” transferred the money to a Swerve...

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