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3 Reasons Bitcoin Just Tanked Below $11K for First Time in a Month
3.9.2020
Cryptocurrency analysts attributed the drop to a combination of risk-off sentiment in traditional markets, DeFi exhaustion and miner selling
DeFi Risk Management Startup Cozy Finance Debuts With $2M Funding Round
3.9.2020
Announced Thursday, Cozy Finance has raised a $2 million seed round, led by Electric Capital and including Variant Fund, Dragonfly Capital, Robot Ventures, Slow Ventures, Volt Capital, Spencer Noon, Moncada and others
Unnamed DeFi project offers Tone Vays $500k for promotion
3.9.2020
A less scrupulous figurehead would probably have said yes
Yearn.finance's yETH Vault Getting Filled With Ethereum
3.9.2020
The yETH vault from yearn.finance (YFI), a vault for yield farming with ethereum (ETH), was launched a day ago, and it's growth could hardly go unnoticed.
The Cryptoverse is today focused on the yETH vault, and particularly its overnight growth. People were commenting on it holding ETH 215,000...
Maker community thanks yEarn for seemingly restoring DAI peg
3.9.2020
A massive yield farming strategy finally provides a mechanism to push the DAI price down
Why Fusion’s DCRM is The Best Option for DeFi Users
3.9.2020
The race for blockchain interoperability was very much a trending topic during the bull market of 2017. Back then, we witnessed the birth of very promising projects like Fusion and Wanchain. Then the bear market started, and interoperability was no longer as hot as it once was, similar to every...
DeFi project Xfinance (XFI) presale sceduled for Sept 10th
3.9.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
DeFi project – Xfinance announced they will cooperate with LID Protocol and launch XFI ILO presale on the LID presale Dapp, launch date sceduled for September 10th.
LID Protocol solves the issue of Uniswap exit...
BitMax Exchange Adds Support For OIN Finance To Promote DeFi
3.9.2020
Working as a powerful DeFi portal built on Ontology, OIN Finance has announced OIN token’s listing on the popular Singapore-based digital asset trading exchange, BitMax. The deposit and withdrawal for OIN assets began at 10 PM EDT on September 2, whereas the token trading was kickstarted at 10...
Vitalik Buterin reveals why a 51% attack on ETH 2.0 ‘would not be fatal’
3.9.2020
A 51% attack on Ethereum 2 would not be fatal according to Vitalik Buterin, amid concerns the yETH vault could amass enough Ether to launch an attack
DeFi meme coin Hotdog dumps 99.9% in hours after launch
3.9.2020
Food themed DeFi project Hotdog dumps from $4,000 to $1 in five minutes
SushiSwap's founder emphasizes that the $27M they hold is for devshare
2.9.2020
There are two sides to every story
For DeFi to Grow, CeFi Must Embrace It
2.9.2020
Despite the buzz, DeFi is not on a good trajectory. It's too technical, too volatile and too "geeky" to be adopted by "the mainstream," William Mougayar writes
Bitcoin Ups Its Dominance As Altcoins Bleed More, Led by DeFi Tokens
2.9.2020
The crypto market has intensified its correction today, sending the total market capitalization down by more than 6%, to USD 371bn, while the majority of top altcoins dropped against bitcoin (BTC).
BTC itself lost 5% in a day and is trading at USD 11,328 (UTC 17:15). The price is also down by 1.5%...
Scaling DeFi with Optimistic Rollups is not the best option, says Matter Labs CEO
2.9.2020
Ethereum needs to scale with layer-two in the short-term, and ZK Rollups can pick up the slack
Blockchain Bites: How SushiSwap Drove Uniswap to DeFi’s Top Spot
2.9.2020
A South Korean crypto exchange has been raided by police, Bitcoin's Lightning Network hit a new high and mining revenues are climbing
Binance-backed WazirX is the latest Indian exchange to launch staking
2.9.2020
WazirX is the second Indian crypto exchange to launch in-app staking
Prompted by Booming DeFi, a Bridge Between Bitoin and Ethereum is Growing
2.9.2020
Following a recent massive rise of decentralized finance (DeFi) projects - and because of it - some analysts expect wrapped bitcoin to continue being a growing bridge over which bitcoin (BTC) would be ported to Ethereum (ETH).
Crypto market data provider Messari noted a stablecoin migration...
DeFi Frenzy Proves the Power of Bitcoin; Correction Incomming – Novogratz
2.9.2020
Mike Novogratz. Source: a video screenshot, Youtube, ConsenSysMedia
The current macroecomic backdrop, as well as the frenzy surrounding decentralized finance (DeFi), has proven just how “powerful” bitcoin (BTC) is as a store of value, according to Mike Novogratz, founder and CEO of Galaxy Digital....
DeFi Flippening Comes to Exchanges as Uniswap Topples Coinbase in Trading Volume
2.9.2020
Trading volumes are surging on Uniswap and other so-called decentralized cryptocurrency exchanges, challenging established venues like Coinbase
$27M of Sushi funds could disappear at the drop of a chef's hat
2.9.2020
Research into Sushi's wallets reveal the admin holds the keys to $27 million worth of tokens