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Hacked DeFi Platform Opyn Says They Will Reimburse the Victims in Full
5.8.2020
Options issuance platform Opyn said that they would reimburse the victims of a hack that occurred less than a day ago.
"We will be reimbursing ETH put sellers in full who were affected by the vulnerability," Opyn said this morning (UTC time). They added that more details on...
Opyn Removes Liquidity from Uniswap After $370K Stolen in DeFi Exploit
5.8.2020
Attackers exploited a Uniswap trading loophole to get away with more than $370K
Market Wrap: Bitcoin Flat at $11.2K; DeFi Has Highest Volume Month Ever
4.8.2020
A weak bitcoin market is not stopping Ethereum-powered DeFi growth
CoinDesk Monthly Review, July 2020
4.8.2020
In the opening weeks of July, it looked like gold would surpass bitcoin for monthly returns, as it reached an all-time high, a frustrating state of affairs for those who believe the current macro situation should be a “perfect storm” for bitcoin’s “gold 2.0” narrative. That was before bitcoin shot...
There’s Now an Accelerator Exclusively for DeFi Startups
4.8.2020
The Chicago DeFi Alliance (CDA) just launched one of the first accelerator programs devoted entirely to DeFi crypto startups
The ICO Collapse Taught Projects How to Avoid Reprisals, MEW Founder Says
4.8.2020
The collapse of the initial coin offerings provided invaluable lessons on how to avoid a similar fate, MEW’s Kosala Hemachandra says
DeFi-Focused Derivatives Platform Hedget Raises $500K in Seed Funding
4.8.2020
The round was led by FBG Capital and NGC Ventures, both Asia-based venture firms
CAKE – A Transparent Blend of CeFi and DeFi
3.8.2020
The text below is an advertorial article that was not written by Cryptonews.com journalists.
Cake DeFi, the most transparent way to get cash flow from cryptocurrencies, allows users to participate in masternode staking and its lending service to obtain crypto cash flow. The company whose unique...
Total Value Locked in Defi Surpasses $4 Billion, ETH Up Over 70% Last 30-Days
3.8.2020
Statistics show that the decentralized finance (defi) economy has grown massively this year as the total value locked (TVL) in defi recently surpassed $4 billion. Between dex platforms, derivatives, stablecoins, lending, and non-fungible asset creation the second quarter of 2020 has propelled...
Matic Pledges $5M in Tokens to Entice DeFi Projects Into Building on Its Network
3.8.2020
Matic wants its incubator fund to incentivize promising DeFi projects to build on its scalable sidechain, rather than directly onto Ethereum itself
As DeFi Booms, Yearn Finance (YFI) Shifts 100% of Token Supply to Users
3.8.2020
The DeFi sector recently achieved a record $4.23 billion in total value locked, so why did Yearn Finance distribute its full token supply to its users?
You Can Now Trade Litecoin on the Ethereum Blockchain With Kyber
3.8.2020
pTokens has now listed Ethereum-compatible pLTC tokens on the Kyber Network
Huobi Hires Former Banking Giant Executive to Lead New DeFi Fund
3.8.2020
The crypto exchange group is forming a new fund to invest tens of millions of dollars in the DeFi space
Decentralized Energy is Key to a DeFi Future
3.8.2020
Decentralized finance should include decentralized energy as it uses DApps and blockchain and has the same logic, says Lition
Crypto Long & Short: Does Decentralization Create Value or Destroy It?
2.8.2020
This week, bitcoin rallied past $11,000 and value in DeFi climbed toward $4 billion. But what's the point of crypto if regular markets are just as volatile?
With Bitcoin Gaining Ground, Is the Altcoin Season Coming to an End?
2.8.2020
This time around, for however long it lasts, Bitcon’s run and the altcoin season are going to be very different
After the US Senate Pros and Cons on Digital Money — What Do We Do With It?
2.8.2020
The crypto industry has the best historical moment to change the discourse about cryptocurrency and its reputation into a successful innovative tech sector
Five Years In, DeFi Now Defines Ethereum
1.8.2020
Ethereum has always struggled with explaining itself to the world. With DeFi, it's found not only a new avenue of development but of self-definition
Blockstack CEO Says Bitcoin Is a Better DeFi Solution Than Most Think
1.8.2020
Bitcoin a secure cryptocurrency, whereas Ethereum has been a “frontrunner” when it comes to smart contracts
Ethereum Won't Give Its USD 4bn DeFi Throne to EOS, Tron Anytime Soon
1.8.2020
Most of the total value locked (TVL) into DeFi (decentralized finance) is locked into Ethereum (ETH)-based platforms, and in the short term, it seems like things are going to stay this way.
As for the longer term, industry observers told Cryptonews.com that Ethereum will remain the dominant DeFi...