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Yield App Launches DeFi Bitcoin Fund, Gives Users up to 12% APY
9.7.2021
PRESS RELEASE. ESTONIA — JULY 8, 2021 — YIELD App, the decentralized finance (DeFi) wealth management platform bridging traditional and digital finance, is pleased to announce the launch of its Bitcoin Fund, allowing users to earn high-interest returns on the world’s biggest...
AAVE price hits 3-week high as ‘Aave Pro’ debuts for institutional lending
6.7.2021
Aave's gains also coincide with a sharp upside momentum across the cryptocurrency market
SNX hits multi-week highs as total value locked on Synthetix approaches $1 billion
5.7.2021
However, SNX withdrawals from Synthetix pools picked up momentum during the price boom
ETH 2.0 Contract Exceeds 6 Million Ether, Data Shows Ethereum Outperformed BTC in Q1 and Q2
2.7.2021
Statistics show that the Ethereum 2.0 deposit contract has exceeded 6 million ether this week as more than $12.4 billion worth of ethereum is held in the contract today. Onchain metrics show that Ethereum has seen some significant drawdowns in recent times and decentralized finance (defi) activity...
Decentralized Exchange Volumes Double Overnight — A Look at the Top 3 Dex Platforms in 2021
30.6.2021
As crypto markets saw some recovery on Tuesday, decentralized finance tokens and applications have once again started swelling in value. Decentralized exchange (dex) trade volumes have increased a great deal, as daily swap volumes stemming from Ethereum-based dex applications have doubled since...
Polygon-Based Defi Stablecoin Safedollar Plunges to Zero — Team Is Investigating Exploit
28.6.2021
The algorithmic decentralized finance (defi) stablecoin safedollar (SDO) has been attacked, according to statements published on its Telegram channel. The safedollar token did not remain stable following the attack, as the defi stablecoin’s price collapsed to zero. Safedollar Stablecoin Price...
Better, faster, cheaper: How DeFi will kill the retail bank
25.6.2021
The battle for global consumer deposits is going to be the fight of the century. But to vanquish old-fashioned banks, the DeFi sector needs to up its game
Sushi to Launch Full Product Suite on Harmony
25.6.2021
Since deploying natively on Harmony’s blockchain in May, Sushi is now deepening its collaboration with Harmony after revealing plans to bring its full decentralized finance (defi) product stack onto the blockchain with accompanying incentives designed to drive greater participation....
New report suggests Ethereum holders, DeFi helping ETH from crashing below $1.7K
24.6.2021
Total value locked across decentralized finance-enabled smart contracts has dipped 35% from its peak
Beware of ‘soft rugs’ — a growing menace in decentralized finance
24.6.2021
Developers dumping tokens and making off with the proceeds is the latest scourge to plague DeFi
Simplex Tie-Up With Kava Brings Fiat Directly to Defi
23.6.2021
As Kava works to expand its multi-asset defi platform’s appeal, the inclusion of Simplex’s fiat-to-crypto processing infrastructure will provide a fresh avenue for users to enter the defi ecosystem with fewer steps and conversions. New On-Ramp to Streamline Defi Accessibility...
Student Coin Terminal Will Let You Easily Create Your Own Token for Free
23.6.2021
The STC Terminal will be launched by the end of July 2021 and will be a major milestone in the wide-scale tokenization of the economy. It will make issuing a token accessible to everyone, including individuals, organizations, corporations, startups and decentralized finance (DeFi) projects. What...
Mark Cuban Hit by Iron Finance Token Crash, Calls for Defi Regulation
18.6.2021
Billionaire investor and Shark Tank star Mark Cuban has called for cryptocurrency regulation focusing on decentralized finance (defi) and stablecoins after a token he invested in collapsed from $64 to near zero. Cuban Wants Defi and Stablecoin Regulation After Investing in Collapsed Token...
Bitdao Collects $230 Million in Private Capital From Investors
17.6.2021
As the decentralized finance movement proves its staying power and resilience, one of the world’s largest decentralized autonomous organizations, Bitdao, has concluded a private fundraising round to promote mass adoption of open finance. DAO to Allocate Capital Towards Improving Defi...
Billionaire Mark Cuban Commends Defi Economy Dubbing It the ‘Next Great Growth Engine’
15.6.2021
On June 13, the billionaire investor and co-host of the television series Shark Tank, Mark Cuban, explained his fascination with decentralized finance (defi) in an editorial published to his blog. Cuban details that many defi organizations are different because they are not corporate entities...
Financial Giant State Street Launches Digital Finance Division – Unit’s Focus Aimed at Crypto and Defi
11.6.2021
On Thursday, the Boston-based financial services and bank holding company State Street Corporation announced the launch of a division dedicated to cryptocurrencies, the digital economy, and decentralized finance (defi). State Street Invokes New Division Dedicated to Crypto, Blockchain, and Defi...
Pomp sparks debate: Has Bitcoin DeFi project Sovryn really overtaken Uniswap v3 by TVL?
10.6.2021
Analysts are arguing whether the RSK-based Bitcoin money market, Sovryn, has a TVL of $52 million ... or $2 billion
Amazon Job Listing Seeks Blockchain Lead – Internet Giant Looks to Create ‘Business Use Cases Across Defi’
8.6.2021
Amazon is looking for a blockchain expert, according to a job posting published on the company’s employment portal. The firm wants someone who is “passionate about blockchain and decentralized networks” and someone who can build innovative “business use cases” across...
World Economic Forum releases policy toolkit for DeFi regulations
8.6.2021
The WEF’s policy toolkit for decentralized finance seeks to promote, fair, efficient and enforceable regulations for the emerging digital asset marketplace
Defi Economy Is Recovering Faster Than Most Crypto Assets After Market Rout
3.6.2021
Decentralized finance (defi) exchanges and tokens are recovering a lot faster than a great number of digital assets that lost more than 40% in value last week. Defi tokens like curve, kyber network, terra, hxro, and more have been seeing double-digit gains. On May 23, the defi economy’s...