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East meets West as eight top projects join global DeFi alliance

27.10.2020
Eight of the western world’s top DeFi projects have joined an industry consortium that is supported by a Shanghai science and technology institution

Central bank digital currencies have the power to upend global finance

26.10.2020
Central bank digital currencies will fundamentally change our conceptions of money and its uses

Harvest Finance: $24M Attack Triggers $570M ‘Bank Run’ in Latest DeFi Exploit

26.10.2020
Harvest Finance has seen its total value locked drop by more than $500 million in the 12 hours since being hit by a flash loan attack

Defi Protocol Harvest Finance Hacked for $24 Million, Attacker Returns $2.5 Million

26.10.2020
Decentralized finance (defi protocol) Harvest Finance was hacked on Monday for $24 million. The attacker targeted the protocol’s liquidity pools, performing an arbitrage attack using a large flash loan – a type of uncollatarized loan – but later returned $2.5 million. In seven...

Uniswap, Curve Daily Trading Volumes Surges Past $2B, Likely Driven by Harvest Attack

26.10.2020
Daily trading volume on Uniswap surged by over 1,200% to a record $2.04 billi on, surpassing the previous record high of $953.59 million registered on Sept. 1 by a big margin

Harvest Finance Attacked, Reportedly USD 24M Lost, FARM Down 50%

26.10.2020
Source: Twitter/@harvest_finance Another decentralized finance (DeFi) project, Harvest Finance, has suffered a flashloan attack that lasted for seven minutes, with reportedly at least USD 24m exploited. The DeFi side of the Cryptoverse has been on high alert in the last six hours, with many...

Harvest Finance puts $100K bounty on alleged hacker

26.10.2020
Harvest Finance is actively tackling the apparent $24 million attack

Harvest Finance Token Plummets 65% After Attack Saps DeFi Site of TVL

26.10.2020
A possible exploit in DeFi protocol Harvest Finance has caused the site's TVL to drop sharply, along with the price of its FARM token

JP Morgan Sees Millennials’ Bitcoin Preference Over Gold as Foundation for Its Long Term Success

25.10.2020
JP Morgan says bitcoin’s 2020 surge is set to continue as the digital cryptocurrency competes better against gold as an alternative currency. In a note, the financial institution says that with millennials set to become a more important market participant in the coming years, their preference...

CME’s Bitcoin Futures Rise Suggests Institutional Investors Are Starting to Swarm Toward Crypto

24.10.2020
The Chicago Mercantile Exchange (CME) has become the second-largest derivatives market for bitcoin futures in terms of open interest. The popular exchange has seen an influx of demand since the recent Paypal announcement and the Bitmex debacle as well. Data shows that the Bitcoin Mercantile...

Bitcoin Businesses on the Mend: Report Shows 57% of Crypto Execs Expect the Industry to Accelerate, Companies Are Hiring

23.10.2020
Digital Currency Group (DCG) recently published the firm’s “State of Crypto 2020” report which polls more than 150 portfolio crypto companies. According to the study, 75% of the respondents believe the value of their business has grown this year, while 50% of the startups have...

Russia doesn’t need to be first with a digital currency, says state expert

23.10.2020
Russia is purportedly taking a fast-second strategy for the digital ruble

BitMEX Delves Deeper Into DeFi With New Futures Listings

23.10.2020
BitMEX is soon to offer futures contracts for DeFi project yearn.finance (YFI), Polkadot (DOT) and Binance coin (BNB)

Yearnify Finance (YFY) Next Generation Decentralized Finance Project, Token Pre-sale is Now Live

23.10.2020
PRESS RELEASE. Yearnify Finance is a community-centered DeFi-project, modeled to take the successful features of Yearn Finance (YFI), and improve upon them, we aim to bring the true value of yield farming finance accessible to all users, we offer the most secure and simple way to earn reliable...