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Open Interest in Ether Options Jumps to New Record High
22.7.2020
Data from major exchanges shows that open interest in ether options rose to a new lifetime high of $194 million on Tuesday
Ethereum’s 2020 Defi Boom Doubles Active Ether Addresses, But Fees Skyrocket
22.7.2020
The number of active Ethereum addresses has grown aggressively in 2020 because of the decentralized finance (defi) boom. Active Ethereum addresses doubled in size leaving networks like Tron, Cardano, and EOS in the dust. There’s a lot happening in the world of decentralized finance (defi)...
A Polkadot-Based Project Wants to Unlock Staked Coins for DeFi Collateral
22.7.2020
A new project building on Polkadot received an investment of $600,000 to build liquid staking, a way of unlocking liquidity devoted to proof-of-stake
How Uniswap Became King of DEXs
22.7.2020
Uniswap, an automated market maker (AMM), has torn it up in the last year, becoming the world’s largest “DEX” by volume. Here's why it won
Avalanche Blockchain Protocol Raises $42M in 4.5-Hour During Public Sale
22.7.2020
Blockchain project Avalanche raises $42 million in a public sale, with the mainnet launch now being expected to come by the end of August
First Mover: This DeFi-Ready Token Is Teaching Crypto Traders to Cherish Inflation
22.7.2020
Prices have jumped for Ampleforth's AMPL tokens, but so has the supply – and it's all gone straight into traders' pockets
Orion Protocol (ORN) Wins KuCoin Community Vote DeFi Session, Trading and Staking Services To be Opened
22.7.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
July 22, 2020, KuCoin, an IDG-backed exchange, today announced the result of the KuCoin Choice Community Vote (DeFi Session), Orion Protocol has won the voting and will get listed on KuCoin at 18:00 July...
DeFi Hype Has Sent Ethereum Fees Soaring to 2-Year High: Coin Metrics
22.7.2020
The knock-on effects of the DeFi hype include high fees and less active users on Ethereum, according to Coin Metrics
Ethereum ‘Flippens’ Stablecoins to Become the Most Used Blockchain
21.7.2020
Increasing stablecoin use and the rise of DeFi has made Ethereum the most used blockchain
Could Compound’s Governance Token COMP Be Deemed a Security?
21.7.2020
Examining COMP’s ability to pass the Howey test for being qualified as investment contracts and to be considered a security
Ethereum Turns Five Next Week and We’re Producing a Special Series
21.7.2020
Meet "Ethereum at Five" – a cross-platform series featuring special coverage, a limited-run newsletter and live-streamed discussions on Twitter
Tron's 'JUST DeFi' Exchange and Yield Farming Launching in August
21.7.2020
Justin Sun. Source: a video screenshot, Youtube, Tron
In an effort to broaden its decentralized finance ecosystem, major blockchain platform Tron has announced the launch dates for two more products - both said to be coming in a month.
Justin Sun, founder of Tron (TRX), took to Twitter to announce...
YFI Grabs Yield Farmers' Attention as DeFi Hits USD 3bn Milestone
21.7.2020
It's getting busier in the world of decentralized finance (DeFi) every day: the total value locked surpassed USD 3 billion, while a new governance token took the yield farming spotlight.
DeFi has been hitting major milestones over the past few months, with the total value locked (TVL) rising...
Y Curve Interest Rates Reach 2,000%, Assets Under Management Grows Tenfold After Token Launch
21.7.2020
Depositors to the Y Curve decentralized finance (defi) pool received as much as 2,000% in interest this Saturday and about 600% (annualized) for the entire day. Before this increase, liquidity providers had been earning an aggregate rate of 10.58%. The latest interest rate growth follows Yearn...
Chainlink Tops DeFi Ranking on CoinMarketCap Amid ‘Baseless Criticism’
21.7.2020
Suspicion is mounting as CoinMarketCap defends its listing methodology and denies Chainlink paid for exposure
DeFi Token Rally Pushes Aave (LEND), (SNX) Market Cap Above Maker (MKR)
21.7.2020
Aave and Synthetix Network both overtook MakerDAO’s Maker by market capitalization as the DeFi sector continues to surge
Troll Token? Why DeFi Yield Farmers Are Now All About YFI
21.7.2020
YFI is the latest DeFi token to top the charts. Yearn Finance Interest? Your Favorite Idea? Its intent unclear, but YFI is now trading at $1,070
Market Wrap: Bitcoin Clings to $9,200 While Ethereum Transactions Soar
20.7.2020
Bitcoin trades flat in July, leading investors to mull other cryptocurrencies
DeFi Vs. Legacy Finance: Solving Old Issues Brings New Complexities
20.7.2020
Will DeFi take over centralized finance?: A deep dive into the benefits, advantages, dangers and constraints of both systems
Plutus Capital Unveils DeFi Lending App With Efficient Features
20.7.2020
Plutus Capital, a renowned financial and stock advisory firm has announced the news about the launch of a potential decentralized DeFi app offering the highest interest rates to the investors. The app has been designed to give the best-in-class financial tools to the users who strive to have full...