Search
Gemini Goes DeFi, IRS To Ask About Bitcoin, Securitize Finds 130 Clients + More News
25.9.2020
The Winklevoss twins. Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
DeFi news
US-headquartered crypto exchange Gemini said that it is "committed to building a trustworthy skybridge for...
DeFi Sell-Off Just ‘a Pullback,’ Boom Not Over Yet - Analysts
24.9.2020
Despite a recent slump in the prices of many popular DeFi-related tokens, the ‘DeFi summer’ of 2020 is not over yet, analysts claim.
According to data from Coinpaprika, the absolute majority of the tokens that are listed in the site’s ‘DeFi’ category are now in the red over the past...
As DeFi Cools, Altcoin Pump Addicts Smell Fresh Blood in NFTs
22.9.2020
As the correction hit the DeFi (decentralized finance) sector, market players, spoiled by quick DeFi profits, are now looking for new targets to pump and are setting their eyes once again on a particular existing type of tokens to use as fresh blood - non-fungible tokens (NFTs).
Ari Paul, Chief...
Before Correction, 70% Of Yield Farmers Planned to Stay In The Field - Survey
22.9.2020
In the male-dominated field of yield farming, the majority of DeFi (decentralized finance) farmers plan to continue the activity despite high risks and fees, found a recent survey by major ranking website CoinGecko. However, the answers were collected before the major correction in the market this...
UNI Token Crashes Despite Uniswap’s Rise as Largest DeFi Protocol
21.9.2020
Despite Uniswap climbing to become the largest decentralized finance (DeFi) protocol by total value locked (TVL), its newly issued UNI token crashed in the market today along with many other DeFi tokens.
As of press time (12:02 UTC), UNI traded at USD 4.35, having gone down 23.35% over the past...
Is Uniswap (UNI) a Security? Lawyers Divided, While Token Skyrockets
18.9.2020
As the DeFi gravy train keeps on rolling, lawyers have begun to ask the question that will likely one day end up on the lips of regulators: Are tokens like uniswap (UNI) securities?
With debates now raging on Twitter, a number of legal experts have been wading in with their two cents – as...
While DeFi Tokens Are Selling Off, Total Value Locked Jumps
16.9.2020
After seeing a near-meteoric price rise this summer, the tokens of many well-known DeFi protocols were hit by a wave of selling pressure today, causing most tokens in the space to drop between 5% and 20% over the past 24 hours. However, the total value locked in DeFi jumped sharply today.
As...
DEX Volumes Receive Automated Market Makers Boost
15.9.2020
The rapid development of automated market makers (AMMs) is one of the main forces driving the expansion of decentralized exchanges (DEXs), which surpassed 5% of total crypto exchange volume last month, per a new report.
Over 90% of DEX volume is currently generated by AMMs, according to research...
3rd Incident Hits bZx - Debt Up by USD 8m, Team Still Praises the Protocol
14.9.2020
DeFi lending protocol bZx (BZRX) confirmed that "due to a token duplication incident" its insurance fund "has transiently" accrued debt of around USD 8m.
At pixel time (08:05 UTC), BZRX, ranked 138th by market capitalization, trades at USD 0.439 and is down by 32% in a day...
Crypto.com Goes DeFi, Pomp's New Fund, 1st Wave Of Tokenized Whiskey + More
11.9.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Exchanges news
Crypto.com said it launched DeFi Swap, "a decentralized protocol deployed on the Ethereum blockchain" for swaping...
yearn.finance Creator Has New Idea, YFI Rallied On Coinbase Pro News
11.9.2020
One of the currently most popular projects in the decentralized finance (DeFi) space, yearn.finance (YFI), revealed StableCredit, a new protocol for decentralized lending, stablecoins, and automated market makers (AMMs).
"StableCredit is a protocol that combines tokenized debt stable coins...
Get Ready for 'CeDeFi' While Crypto CEO Warns of a DeFi Bubble
11.9.2020
Major crypto exchange Binance announced that they are attempting to bridge decentralized (DeFi) and centralized finance (CeFi) via a new support fund, prompting discussions of the creation of "CeDeFi." At the same time, crypto market data provider Messari CEO warned of a DeFi bubble...
Uniswap DeFi Trader Tells a Story Of Exploiting A Bug and Making USD 270k
10.9.2020
An alleged trader on the Uniswap decentralized exchange claims she/he made close to USD 270,000 in profits after exploiting a bug with the rebase functionality of the recently listed token Soft Yearn (SYFI).
The claim was made through an anonymous Twitter account called Amplify on Monday this week...
As SushiSwap Drains Liquidity From Uniswap, Aave Leads In DeFi
10.9.2020
Following SushiSwap (SUSHI)'s completed migration from the major decentralized exchange Uniswap to its own decentralized exchange, taking hundreds of millions of dollars in liquidity with it, Uniswap fell from the throne of dominance, with crypto lending protocol Aave (LEND) sitting in its place...
Ethereum To Keep Its DeFi Throne For At Least 3 Years - Survey
10.9.2020
Talking to "several high-profile decentralized finance [DeFi] projects" about the future of this sector, provider of crypto market data CryptoCompare found that most said "Ethereum (ETH) won’t be replaced as the go-to blockchain network for DeFi" in the next...
USD 1m in Limbo as DeFi 'Rookie' Sends Funds To Wrong Address
8.9.2020
Somebody sent USD 1m to Swerve Finance contract today, with the Cryptoverse initially presuming that the sender would never see their money back. As it turns out, the fortune (pun intended) might be smiling upon the sender at the moment.
In a move which some described as "brutal,"...
SUSHI Trims Losses as FTX CEO Takes Control of SushiSwap
7.9.2020
SUSHI, the native token of a recently launched DeFi protocol, SushiSwap, recovered some of its losses after Sam Bankman-Fried, CEO of crypto derivatives exchange FTX, agreed to take over admin keys to the protocol from Chef Nomi, the anonymous creator of SushiSwap.
At pixel time (09:42 UTC), SUSHI...
Animoca Sells Out 7.5m of New REVV in Minutes, Announces Further Plans
5.9.2020
Animoca Brands' flash sale saw more than seven million of its new REVV token sold out in less than 20 minutes. The Hong Kong-headquartered publisher of mobile games also announced new games wherein the token can be used, as well plans for their gaming community and collectible platform.
Just three...
Safety Second: Top DeFi Projects By Highest Audit Scores
4.9.2020
The anonymous DefiSafety team looked into popular decentralized finance (DeFi) projects and their codes, scoring each platform, and finding that six have overall scores above 80%, with Synthetix Exchange leading the list. SushiSwap, on the other hand, got a score of less than 20%.
As said,...
DeFi ‘Sucks in’ Billions in Newly Issued Stablecoins
4.9.2020
In the past three months, during the DeFi (decentralized finance) frenzy, the market capitalization of the five largest stablecoins increased by 52%, to almost USD 16.6bn, data shows.
While the most popular stablecoin, tether (USDT), increased its market capitalization by 47%, to more than...