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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
Messari: $500M in BTC tokenized for DeFi is just the beginning
2.9.2020
With more than half a billion dollars worth BTC already tokenized, Messari believes that projects bringing Bitcoin to DeFi will emerge as leaders of the crypto sector
Money Market Protocol Aave Settles $300 Million in Defi Flash Loans
2.9.2020
This weekend the decentralized money market protocol Aave broke records as the community witnessed a massive flash loan of $14 million worth of the stablecoin DAI. So far, the Aave protocol has seen over $300 million in flash loans to-date and this trend doesn’t seem to be abating any time...
How can DeFi projects avoid getting cloned and dying?
2.9.2020
Was the Uniswap fork that created SushiSwap a good thing for the DeFi sector?
Multiplier DeFi (Beta Release) Targets Tokenized Bonds
2.9.2020
1st September 2020, Hong Kong – Multiplier DeFi protocol has successfully completed a full audit by leading blockchain-based form verifier, and cyber security expert Certik. Following approval for its advanced blockchain protocol, Multiplier will commence its DeFi beta release on...
Uniswap Rises to Top of DeFi Charts Thanks to Rival Looking to Unseat It
2.9.2020
Uniswap is now at the top of DeFi Pulse with $1.65 billion in total value locked. Sources say the surge is driven by a new Uniswap competitor, SushiSwap
Yearn.Finance’s New Vault Leverages DeFi ‘Triforce’: ETH, MakerDAO and Curve
2.9.2020
Yearn.Finance will make it easy for anyone who holds ETH to get involved with yield farming with just one cryptocurrency, ETH