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Billionaire UK newspaper owner calls DeFi technology ‘revolutionary’
13.10.2020
UK media boss and former banker Alexander Lebedev, has revealed he is looking to launch a decentralized finance-powered “bank 2.0.”
Securitize Is Taking Ethereum-Based Securities Into the DeFi Realm
12.10.2020
Securitize is teaming with a protocol called Tinlake from Centrifuge, which uses a clever system of NFTs to put real-world assets into DeFi
DeFi traders blame YFI price collapse on shorting by Alameda Research
12.10.2020
YFI price is still in a downtrend and many investors believe all attempts at recovery are being suppressed by Alameda Research
DeFi market fall showcases how rising TVL doesn’t tell the full story
12.10.2020
Could the DeFi market be a bubble as both market capitalization and indices crash?
DeFi Project Aave Raises $25M From Blockchain.com and Other Investors
12.10.2020
Blockchain Capital, Standard Crypto, and Blockchain.com Ventures all joined the investment for the third largest DeFi protocol
Aztec launches private smart contracts as Ethereum rollup
12.10.2020
Aztec 2.0 is both a scaling and a privacy solution rolled into one
12 Defi Con Artists Exposed – Are Rug Pulling Incidents Threatening the Future of Defi ?
12.10.2020
The ongoing hype about the abnormally high returns from Defi tokens has naturally seen many more investors moving funds to decentralized protocols. As of October 10, total value locked in Defi protocols was nearly $11 billion. However, despite this apparent endorsement of Defi, rug pulling...
Defi Community Members Aim to Sue Yearn Finance Creator Andre Cronje and Fork YFI
12.10.2020
Members of the decentralized finance (defi) community are upset with Yearn Finance founder Andre Cronje over the mishap with Cronje’s secret Eminence (EMN) project. The Eminence protocol gathered $15 million before the project was ultimately hacked before the official launch. According to...
Group raising funds to sue Andre Cronje over EMN hack
11.10.2020
Cronje may have gone silent on Twitter, but it hasn’t stopped people from trying to sue him for the EMN hack
DeFi Governance Tokens Face Three Challenges
11.10.2020
DeFi hasn’t always been particularly decentralized, with many of the major platforms and projects beginning with core teams who controlled their initial development.
It seems that this has somewhat changed in recent months, with the rapid ascent of DeFi almost forcing the ecosystem to introduce...
Wolf of Wall Street on steroids: DeFi may be a bubble, but it’s making us stronger
11.10.2020
We’re in the middle of the greatest wealth transfer in human history, with DeFi finally solving the problem of financial inclusion
Q3 Crypto Volumes up by $155 Billion as Defi Hype Drives DEX Growth by 197%
11.10.2020
The latest data from Coingecko shows that the combined trading volumes of cryptocurrency exchanges went up by $155 billion between July and September, from $175.7 billion to $330.6 billion. The new total volume represents a 88% increase which Coingecko attributes to the decentralized finance (defi)...
Ethereum miners made 450K ETH from high network fees during DeFi peak
11.10.2020
On-chain data shows Ethereum miners saw a 39% surge in revenue as fees soared during the DeFi craze
Yearn.finance (YFI) gains 36% as DeFi tokens follow Bitcoin’s bullish trend
10.10.2020
Yearn.finance (YFI) price surged by 58% in the last few days as three key factors suggest investors expect further upside
SEC’s conservative approach to crypto needs to change- SEC’s Peirce
10.10.2020
“Crypto Mom” Hester Peirce admits the SEC can be slow in giving guidance, but she sees the regulator becoming more open to change
Bitcoin runs crypto markets, but DeFi tokens don’t follow its lead
10.10.2020
DeFi tokens have been around for a few months now — long enough to plot some recurring trends that show some clear patterns
SmartSwap™ from TrustSwap is the Escrow Service DeFi's Been Waiting For
10.10.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Since the beginning, the cryptocurrency industry has featured some high-flying projects and plenty of promises of what was to come. Experts in global finance have hailed the development of the technology that...
Boringdao Raises $1.4M: Project’s Tokenized BTC Bridge Backed by 200% Collateral
10.10.2020
There’s a new tokenized bitcoin project coming to the decentralized finance (defi) ecosystem that’s recently received $1.4 million from blockchain investors. The project called Boringdao, a decentralized bridge between Ethereum and alternative blockchains, plans to launch...
Defi Market Cap Drops 25.1% in One Day: Proponents Say Tokens Self Correcting
10.10.2020
The latest data from Santiment shows that the collective market capitalization of all defi-related assets dropped by 25.1% on October 7, while daily trading volumes went down 30.2%. The data also shows popular defi tokens like Sushi took heavy knocks after dropping by 50.9% during the week. Also...
Yearn.Finance’s Creator Says He’s Quit DeFi, but Project Has Bench Strength
9.10.2020
Andre Cronje, the prolific coder and creator of Yearn, said he's quit the project – and decentralized finance (DeFi) altogether – out of frustration with its realities