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DeFi project SUSHI gets new ‘master chef’ in an unprecedented move
6.9.2020
SushiSwap’s SUSHI gets handed over to FTX CEO after it plunged 88% in 5 days in a surprise move that caused the price to pare some losses
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
DeFi project Xfinance (XFI) presale sceduled for Sept 10th
3.9.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
DeFi project – Xfinance announced they will cooperate with LID Protocol and launch XFI ILO presale on the LID presale Dapp, launch date sceduled for September 10th.
LID Protocol solves the issue of Uniswap exit...
Defi Project Yearn Finance Smashes Records as Native Token Surpasses $30K
30.8.2020
The decentralized finance (defi) crypto asset tied to the Yearn Finance project has smashed records this week, as the coin touched a high of $30,324 on Saturday evening. Yearn’s token YFI has been recently added to the Aave platform and the project’s founder, Andre Cronje, is currently...
Aave Protocol Outpaces Maker With $1.4B Locked, Defi Project Granted UK Electronic Money License
26.8.2020
The decentralized finance (defi) open-source protocol built on Ethereum, Aave, has surpassed the Maker Dao project in terms of total-value-locked (TVL) this week. The lending and borrowing platform Aave has $1.43 billion locked on Tuesday climbing 7.7% in the last 24-hours. On August 25, the defi...
Aave Becomes Second DeFi Project to Overtake MakerDAO for Most Crypto Deposited
25.8.2020
DeFi credit market Aave has pulled ahead of stablecoin mint MakerDAO for the title of most collateral staked on Ethereum, according to DeFiPulse
Binance-Owned WazirX Announces DeFi Project With Matic
18.8.2020
The exchange has opted for Matic instead of Ethereum’s network, which is currently dominating the DeFi space because of "high gas costs."
Defi Implosion: YAM Token Market Cap Plummets to Near Zero After Founder Claims He ‘Failed’
13.8.2020
Yield farmers excited about the recent decentralized finance (defi) project, Yam Finance, got a rude awakening after the token’s value plummeted in value to near zero. Yam Finance developers discovered a major flaw in the rebasing contract and at 4 a.m. ET, cofounder Brock Elmore tweeted that...
Defi Project Yam Finance Sees Over $500M Locked in 24 Hours, Devs Reveal Contract Bug
13.8.2020
A new yield farming project is all the rage this week, as the Yam Finance project saw over $460 million dollars locked into the platform in 17 hours on Tuesday. On social media and crypto-focused forums, people have been very skeptical of the Yam Finance project as the code has not been audited....
Building the Infrastructure for the Future Decentralized Financial Market, Coinbase Included HBTC.Com Debut DeFi Project – Nest Protocol
12.8.2020
As the world’s leading regulatory compliant digital asset exchange, Coinbase sets one of the most stringent requirements for digital asset listing which includes technical evaluation of projects, legal and risk analysis, market supply and demand analysis, and crypto-economics. Coinbase holds...
EOS DeFi Project Sets Up Shop on Polkadot
11.8.2020
Equilibrium is not quite ditching EOS, but Polkadot will be its new home
Chainlink Integration Brings Data Feeds to Binance’s DeFi Project
23.7.2020
Binance is building out a DeFi platform with its Smart Chain protocol and has integrated Chainlink as a pricing solution
OKCoin Joins Coinbase in Supplying Oracle Feed for DeFi Project Compound
16.7.2020
OKCoin says its regulated status and liquidity mean users will be able to trust that its data feed will be accurate and reliable
Tim Draper Backed DeFi Project DMM Up 2X Despite Issue-Plagued Sale
25.6.2020
Defi platform DMM, backed by Tim Draper, has successfully completed its IDO despite users reporting a myriad of issues
Cosmos-Based Interoperable DeFi Project Launches on Mainnet With BNB Collateral
10.6.2020
The Kava decentralized finance project has launched on the Cosmos blockchain, giving users the ability to put BNB for collateral to receive its stablecoin, USDX
DeFi Project dForce Refunds All Affected Users After $25M Hack
28.4.2020
The Lendf.me smart contract was hacked on April 29, but then, curiously, the funds were returned two days later
ETH Price Strains Defi Collateral Loans as ‘Black Swan’ Event Strikes Makerdao
13.3.2020
The price of ethereum dropping double digits on March 12 sent shockwaves through the decentralized finance (defi) community. Makerdao’s single collateral DAI has been struggling and the low price of ETH has left millions worth of DAI undercollateralized. The defi project’s...
DeFi Project Backed by Polychain and DragonFly Capital Shuts Down
11.3.2020
DeFi project Paradigm Labs says it has failed to keep step with an “incredibly fluid” decentralized exchange landscape
DeFi Project bZx Exploited for Second Time in a Week, Loses $630K in Ether
18.2.2020
The attacker manipulated price feeds in order to create and profit from an under collateralized loan