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Defi Project Yfdex.Finance Vanishes With $20M Investors’ Funds Just Two Days After Launch
11.9.2020
Yfdex.Finance (Yfdex), a new liquidity mining pool, has reportedly exit scammed, making off with up to $20 million of investors’ funds. The decentralized finance (Defi) project convinced people to hand over their life savings following just two days of aggressive marketing on social media...
Despite Warnings from Regulators, the Ethereum Fueled Pyramid Scheme Forsage Thrives
11.9.2020
While Ethereum has seen a number of benefits from the decentralized finance (defi) movement and initial coin offerings (ICOs), more recently individuals have been leveraging ether for pyramid schemes and matrix cycler programs. One particular scheme crypto enthusiasts are discussing these days...
New DeFi Project Xfinance(XFI) ILO Presale Will Start Today
10.9.2020
As the cryptocurrency world is experiencing rapid growth, decentralized finance (DeFi) platforms are also rising. In early 2019, there were only $275M of crypto collateral in the DeFi economy than the current $5 Billion+; this represents the massive adoption of this platform. XFI Presale Xfinance...
Messari's Ryan Selkis Says DeFi bubble will pop soon
10.9.2020
The man is known for his predictions, but is he right about this one?
Another DeFi exit scam just made off with $20M in investor funds
10.9.2020
Is DeFI unravelling, or are these just growing pains?
Blockchain needs to walk before it runs to DeFi
10.9.2020
Before we run to build more DeFi products, let’s first walk to improving the underlying infrastructure
SushiSwap has officially migrated away from Uniswap after a week of ups and downs
9.9.2020
SushiSwap's wild ride continues as the platform officially becomes the largest DEX by liquidity
Crypto Borrowing: Here Are Seven of the Best Interest Rates on the Market
9.9.2020
Cryptocurrency is sizing up traditional finance on its legacy turf of lending and borrowing with competitive interest rates (currently as low as 0.44% for ethereum and 4.50% per year for bitcoin) as well as less cumbersome verification procedures. Crypto holders present their virtual assets...
Creator leaves SushiSwap in hot water as multisig revival is on the menu
8.9.2020
SushiSwap’s community will take charge of the platform once it completes its migration to a multisignature contract from Uniswap
DeFi’s Good, Bad and Ugly
8.9.2020
Have we forgotten the ICO craze and how long it took to revitalize the crypto industry's image?
Defi’s Raw Deal: Sushiswap Creator Transfers Multi-Sig Control to FTX CEO
6.9.2020
After a number of individuals from the crypto community accused the anonymous developer Chef Nomi of exit scamming, the developer transferred the project over to Sam Bankman-Fried, the CEO of the trading platform FTX. On Saturday, September 5, the decentralized finance (defi) community got upset...
The DeFi revolution is like cooking a recipe
5.9.2020
DeFi ingredients are defined by the creators and developers operating in the space, and subtle variations of previous recipes create new results
SushiSwap head chef dumps tokens; plans to focus on migration
5.9.2020
Chef Nomi left some food on the table
SushiSwap GM says "Talk doesn't mean anything and code shows everything"
5.9.2020
Skepticism is always wise in the Blockchain space, even if a project turns out to be on the level
Yearn Finance Vault Users Lock $139M: Farmers Claim Collateralized ETH Gathers 90% APY
4.9.2020
On September 3, 2020, the well known Yearn Finance defi project “paused” the popular ethereum liquidity vault (yETH) service, after locking in a significant $139 million. Yearn’s vault feature launched on Wednesday, and saw $100 million deposited on the first day. The vault hype...
Unnamed DeFi project offers Tone Vays $500k for promotion
3.9.2020
A less scrupulous figurehead would probably have said yes
SushiSwap's founder emphasizes that the $27M they hold is for devshare
2.9.2020
There are two sides to every story
Binance-backed WazirX is the latest Indian exchange to launch staking
2.9.2020
WazirX is the second Indian crypto exchange to launch in-app staking
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...
DeFi bubble still growing fast, data from Twitter analyst shows
1.9.2020
The crypto space knows how big bubbles can grow