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YfDFI Finance: Much Anticipated Farming Platform Released
21.1.2021
PRESS RELEASE. As of today, YfDFI Finance is launching not one, not two, not three but four farming pools, locking up a huge chunk of its circulating supply. The team could not have achieved this without the continuous support from the community. Starting off 2021 the right way! “Our team...
‘Let’s Not Be Bitcoin’: Yearn Finance Considers Minting $200M in New YFI Tokens
21.1.2021
Turns out the "no inflation" meme may not be here to stay
UK Investment Firm Aims to Block Ripple From Leveraging Liquid Assets, Jed McCaleb Dumps 28.6 Million XRP
21.1.2021
Court documents show that the company, Tetragon Financial Group, has filed a lawsuit against Ripple after the firm was charged by the U.S. Securities and Exchange Commission. The court filing indicates that Tetragon and Ripple allegedly made an agreement, and the SEC case deeming XRP as...
Yearn.finance team proposes $225 million YFI token mint
20.1.2021
Community members and contributors are moving forward with a plan to build a treasury and better incentivize developers
Arbitrage traders make 10x returns on new DeFi platform for wrapped assets
20.1.2021
A lucky trader turned 0.34 BTC into 4.6 BTC in just one swap
Former Canadian Prime Minister Mentions Bitcoin Alongside Gold as Alternative Reserve Currencies
20.1.2021
Former Canadian prime minister Stephen Harper has mentioned bitcoin alongside gold as assets that can possibly act as alternative reserve currencies. However, the former premier still argues that despite the growing questions about the dollar’s reserve status, he does not see any real...
Bitcoin Energy Consumption Is Far More Efficient and Greener Than Today’s Banking System
20.1.2021
While bitcoin and a variety of digital currencies have swelled in value, a number of critics have spread fear, uncertainty, and doubt (FUD) in regard to the energy consumption proof-of-work (PoW) cryptocurrencies leverage to produce new units of currency. Just recently the software engineer Stephen...
Crypto Derivatives Surge, Bitcoin Options Open Interest Climbs to $9.6 Billion
19.1.2021
Bitcoin options open interest has reached $9.6 billion according to derivatives market data as the metric is nearing the high captured on January 7, 2021. Moreover, the aggregate open interest in bitcoin futures is steadily nearing all-time highs. While cryptocurrency spot markets have...
Bandot & Tidal Finance Unite to Offer Insurance for Users
19.1.2021
Tidal Finance, a secured security interface that favors the creation of decentralized insurance pools, has announced its new partnership with Bandot, Polkadot’s first stablecoin credit channel. The integration will help Tidal Finance offer decentralized insurance tools to support Bandot’s pledge...
EU Seeks to Curb Reliance on US Dollar After American Sanctions Exposed Financial Infrastructure Vulnerabilities
19.1.2021
The European Union (EU) is reportedly planning to reduce its reliance on the U.S. dollar-based financial system, after American sanctions on Iran exposed the vulnerabilities of the bloc’s financial infrastructure. According to officials, who are now determined to challenge the dollar’s...
Yearn.finance eyes new all-time high — Can YFI price reach the next $66K target?
18.1.2021
YFI price can break above $50,000 if Bitcoin continues to consolidate in the near term
Core contributors, investors debate Yearn token mint
18.1.2021
After a stormy weekend for DeFi's original yield vault, dust is settling and a path forward is being paved
Paypal to Earn $2 Billion in Revenue From Its Bitcoin Business, Says Analyst
17.1.2021
Mizuho Securities analyst Don Dolev has forecast that Paypal will earn up to $2 billion in revenue from its bitcoin business by 2023. This year, he expects that the payment giant’s overall revenue will climb 20%. Dolev says there has been a “dramatic increase in engagement due...
Bahamas-Based Deltec Bank Holds a ‘Large’ Bitcoin Position
16.1.2021
Bahamas-based Deltec Bank & Trust said during a recent video review that it’s holding a “large position” in bitcoin. The information was given by their chief investment officer, Hugo Rogers. Deltec Executive Discusses Bitcoin Position According to the video uploaded to...
$100 Swaps: Ethereum Dex Volumes Saw $39 Billion Last Month Despite ‘Insane’ Trading Fees
16.1.2021
During the last 12 months, Ethereum-based decentralized finance (defi) solutions and decentralized exchange (dex) platforms have been very popular. Dex applications, in particular, have seen massive demand and during the last 30 days, dex trade volumes have reached $39 billion in swaps. However...
Africa to bring 100 million users to DeFi in three years from now, says founder of Cardano
15.1.2021
Cardano founder Charles Hoskinson predicts that the DeFi revolution will take place in the developing world
Cream Finance leaps into DeFi ‘corporate debt’ with Iron Bank launch
14.1.2021
The Iron Bank feature will allow protocols to borrow funds without posting collateral
Finance Redefined: If it ain’t broke, don’t fix it? Jan. 6–13
13.1.2021
A DeFi dev’s vent highlights why traditional investment has its merits
An online future for finance is inevitable, says OCC's Brooks
13.1.2021
Brooks considers the migration of the financial system onto the internet "inevitable."
Yearn proposes “buyback and build” strategy for YFI holders
13.1.2021
Instead of receiving dividends, Yearn.finance would buy and redistribute tokens with protocol revenue