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NFT Economy Grows Exponential: $1M in Non-Fungible Token Sales Last Week
14.9.2020
While a number of people are focused on decentralized finance (defi), the non-fungible token (NFT) industry has also exploded in demand in 2020. Last week, NFT sales soared nearing a million dollars in volume, as the blockchain-based Sorare fantasy soccer card game saw over $221,000 in sales during...
Investing in DeFi? Bet on diversification, not short-term gains
13.9.2020
Several cases show us that while there are amazing opportunities for gains in the DeFi space, there are also many risks that must be considered
Apple Censors Some Cryptocurrency and Defi Features of Coinbase App
13.9.2020
Apple Inc. has censored some cryptocurrency features of the Coinbase app. Specifically, Apple has blocked Coinbase from adding to its iOS app the ability to earn money using cryptocurrency and access to decentralized finance (Defi) apps. Apple vs. Coinbase Cryptocurrency exchange Coinbase has been...
Tether Recovers $1 Million USDT Sent to Wrong Defi Address by Chinese Traders
13.9.2020
Tether has recovered and returned $1 million worth of USDT to a group of Chinese traders who, in error, sent the funds to a wrong decentralized finance (defi) address. On September 8, the group, going under the moniker ‘Bill,’ “accidentally” transferred the money to a Swerve...
Why DeFi, in its current state, is destined to fail
12.9.2020
Like the ICO boom of 2017, DeFi plays to our desire to get rich fast without any responsibilities
SLP Trading Platform Cryptophyl Plans to Change Into a Noncustodial Defi Exchange
12.9.2020
The U.K.-based Simple Ledger Protocol (SLP) exchange Cryptophyl is closing its doors in order to restructure into a decentralized finance (defi) platform. Cryptophyl has revealed the trading platform will officially go offline on September 21 and is asking customers to withdraw before that period....
Chef Nomi has returned all funds back to the SushiSwap community
11.9.2020
Who would have thought an alleged exit scam could have a happy ending?
To list or not to list, Part 2: Binance listing SUSHI was no big deal
11.9.2020
Opinion: Binance approving and listing SUSHI tokens says more about industry-wide standards rather than Binance’s policy
To list or not to list, Part 1: Binance should not have listed SUSHI
11.9.2020
Opinion: Binance ignored its own guidelines by listing SushiSwap’s anonymous and unaudited token
BTC locked in DeFi increased by 20X the entire Lightning Network this week
11.9.2020
Despite the recent mini price crash, DeFi users have injected more than 20,000 Bitcoin into DeFi projects in the last week, suggesting the DeFi bull run isn’t over
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?