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Zero Collateral: $138 Million in Defi Flash Loans Issued in 24 Hours


The decentralized finance (defi) realm continues to heat up with concepts like yield farming, but another scheme called defi flash loans has also grown exponential. On Monday, the noncustodial lending protocol Aave issued $138 million in loans with zero collateral. Since the last week of June, defi...

Kyber Network Doubles in a Month as Platform Upgrade Nears


On a day when major cryptoassets like bitcoin (BTC) and ethereum (ETH) barely moved at all, the decentralized token swap protocol Kyber Network’s KNC token saw a massive rise in price for the fifth consecutive day as the launch of its Katalyst platform upgrade got closer. The token, ranked 37th...

Kyber Network Unveils Kyber Community Pool (KCP) For Users


Kyber Network, a globally acclaimed DeFi protocol ecosystem, has announced the news about the launch of its highly anticipated delegation pool system, the Kyber Community Pool. The blockchain entity stated that KCP is not developed, maintained, or funded by the core team of Kyber Network....

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