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Ciphertrace Report Shows Crypto Crime Moving to Defi
15.5.2021
Ciphertrace, a blockchain analytics company, has announced that crypto-related crimes have moved to the realm of decentralized finance (defi) apps and protocols. Now, the impact these hacks and exploits represent is way bigger than the one classic hacks to centralized exchanges and other scams...
Blockchain OS, Glitch, brings a New Platform for DeFi Apps
1.5.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
Using blockchain as a development platform, rather than only a distributed ledger, has become extremely popular in recent years. Even viewing blockchain as such has not been around for long-only for around...
Defi Venture XFai Reveals Liquidity Generation Event, Project Backed by Angel Investor Roger Ver
30.3.2021
Decentralized finance (defi) has seen extreme demand and innovative use-cases during the last 12 months. Defi oracles, decentralized exchange (dex) platforms and automated money makers (AMM) have swelled in value, as statistics show over $43 billion is locked into defi protocols today. Meanwhile,...
Rare Crypto Faucet and DeFi Apps Launch on xDai Chain
19.3.2021
PRESS RELEASE. Toronto, Ontario, Canada, March 19th 2021 – Affinity Design – Rarify Apps just launched a new deFi application only possible on layer 2 tech. After only a week since the claiming app debut, the price of Rare Coin soared well over 1000 USD on the Honeyswap DEX after...
Chasing Liquidity Pools: Crypto Assets and Defi Apps Can Give Yields Up to 400% Annually
14.3.2021
While cryptocurrency markets have been red hot and gaining in value, demand for certain assets and liquidity has grown massive. At the same time, a myriad of crypto proponents are chasing significant returns by hunting for liquidity pools with colossal yields. These days certain decentralized...
Expert: Defi Could Be a Common Term in the Financial Industry in 2021
26.12.2020
The founder of defi-related fintech Yield believes 2021 will be the year that decentralized finance (defi) becomes a “common term” in the financial industry, as the sector is now taking it seriously and building R&D labs. The Financial Industry Is Now Taking Defi Seriously, Says...
Report: Blockchain Price Oracle Manipulation Produces Millions in Losses, Shows No Signs of Slowing
12.11.2020
On November 9, a writer from the website samczsun.com published a report that shows a number of issues with price oracle manipulation stemming from a few blockchain applications. The researcher notes that price oracle manipulation has resulted in “over $30 [million] in losses so far.”...
Apple forces Coinbase to change its crypto products, says CEO
14.9.2020
Brian Armstrong has taken Apple to task over its allegedly exclusionary policies towards crypto app developers
Apple Censors Some Cryptocurrency and Defi Features of Coinbase App
13.9.2020
Apple Inc. has censored some cryptocurrency features of the Coinbase app. Specifically, Apple has blocked Coinbase from adding to its iOS app the ability to earn money using cryptocurrency and access to decentralized finance (Defi) apps. Apple vs. Coinbase Cryptocurrency exchange Coinbase has been...
Money Market Protocol Aave Settles $300 Million in Defi Flash Loans
2.9.2020
This weekend the decentralized money market protocol Aave broke records as the community witnessed a massive flash loan of $14 million worth of the stablecoin DAI. So far, the Aave protocol has seen over $300 million in flash loans to-date and this trend doesn’t seem to be abating any time...
Total Value Locked in Defi Jumped 85% in August, $8 Billion in Assets Held
31.8.2020
A lot has changed during the last month, as the popular decentralized finance (defi) ecosystem has swelled considerably in value. Since the first week of August, the total value locked in defi jumped over 85% in 27 days from $4.2 billion to $7.88 billion on August 30. The total value locked (TVL)...
Meter to Use Chainlink Oracles to Provide Price Data to DeFi Apps
7.7.2020
In an important development, the Meter has announced the association with Chainlink to provide price services to its developers for decentralized finance applications (DeFi). This will help developers access the right pricing data related to a variety of financial assets, including the likes...