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Market Wrap: Bitcoin Breaks $11.8K; BTC in DeFi Doubles in August
20.8.2020
Bitcoin price is on the upswing as the amount of the world’s oldest cryptocurrency locked in DeFi jumps
Tron Loses 23% of Its $4.3B USDT Reserves to DeFi Hotbed Ethereum
20.8.2020
A "3rd party" crypto exchange ordered the swap. Signs point to Binance
yEarn Creator Says Recent Audits Don't Necessarily Mean the Project is 100% Safe
20.8.2020
Audited or not, DeFi DApps present risks
The Rise of Trading Products: Granting Sophisticated Access to Crypto
20.8.2020
With crypto trading products appearing ahead of the legacy financial curve, it’s only a matter of time before they enter the mainstream
Bitcoin News Roundup for Aug. 20, 2020
20.8.2020
With bitcoin taking a back seat to the DeFi boom and data platforms aiming for the moon, CoinDesk's Markets Daily is back for your latest crypto news roundup!
Yearn Finance Token Jumps 270% in 5 Days – Defi Token YFI Worth More Than a Single Bitcoin
20.8.2020
Decentralized finance (defi) continues to make waves this week, as the Yearn Finance project token (YFI) jumped over 270% during the last five days. The digital token is worth more per coin than the price of bitcoin today, as the asset is currently trading for $15,934 per YFI. It’s very rare...
YAM Will Never 'Become Money', YFI Exceeds Bitcoin Price
20.8.2020
Despite branding itself as money, the much-discussed and recently troubled decentralized finance (DeFi) token YAM will never achieve this, and real utility for the token must be found to keep the bubble from popping, popular crypto researcher Hasu said. Meanwhile, DeFi token YFI became the first...
Binance Launches DeFi Staking With Cryptos Kava and Dai
20.8.2020
Users of crypto exchange Binance can now earn interest on Dai and Kava as the exchange's decentralized finance (DeFi) staking platform goes live
DeFi Token YFI Is Now Worth More than a Bitcoin
20.8.2020
Bitcoin has been superseded as the most valuable cryptocurrency – for the first time ever – by the YFI governance token from DeFi protocol yEarn
YFI Becomes First Altcoin to Exceed the Price of Bitcoin — Now What?
20.8.2020
The price of yearn.finance’s YFI token surpassed the price of Bitcoin at $13,444. But it is more arbitrary and psychological
Algorand’s Move into DeFi Gives ALGO Price a Boost
20.8.2020
Markets have responded well to Algorand's plans to get in on the DeFi action – the native ALGO token has experienced a jump in price
OmiseGo Price Doubles as DeFi and Record Ethereum Fees Create ‘Perfect Storm’
20.8.2020
OmiseGO has more than doubled in the past seven days as record Ethereum fees lead investors to look more closely at layer-2 solutions
Algorand Readies on-Chain Smart Contracts as the Summer of DeFi Rolls on
20.8.2020
The "stateful" smart contracts are a watershed for DeFi projects, Algorand claimed
Ren Just Had a Great Week as Demand for Bitcoin on DeFi Rises
19.8.2020
Prices for ren, the token for the RenVM DeFi network, experienced a great week, as the demand for bitcoin rises on DeFi
Flood of Yield Farming Projects Likely Coming to Cryptoverse - Report
19.8.2020
Ethereum (ETH) decentralized finance (DeFi) protocols, such as the troubled Yam Finance yield farming project, are expected to rise in popularity in the coming months, with industry observers saying that the extremely high yields they offer encourage the rapid development of communities that...
First Mover: Money Legos Turn ‘Exuberant’ as Chainlink Stripped of ‘DeFi’
19.8.2020
This year's growth in the cryptocurrency subsector DeFi has been so remarkable that some analysts are now calling the phenomenon "exuberant."
Algorand’s Newest Upgrade Turns the Project’s Eyes Towards DeFi
19.8.2020
Will features like private key “rekeying” make Algorand a DeFi leader?
Russia’s Expobank Bank Issues Country’s First Crypto-Collateral Loan
19.8.2020
The Russian bank Expobank says it has issued the nation’s first-ever crypto-backed loan – despite the fact that the country has recently introduced a new law that prohibits the use of tokens as a form of payment.
Per a report from media outlet Kommersant, the loan was secured by using tokens issued...
$200m Staked in YAM-Inspired DeFi Protocol in Under 12 Hours
19.8.2020
The DeFi craze continues as investors stake $200 million in a new yield farming protocol that's not even 12 hours old yet
REN Price Surges With 10,000 Bitcoin Tokenized on RenBTC
19.8.2020
DeFi token Ren surges as tokenized BTC grows in popularity