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PortuguêsYearn Finance’s native token YFI showed fresh signs of recovery after crashing by up to 72 percent from its all-time high near $44,000. The decentralized finance cryptocurrency surged by as…
Continue ReadingDecentralized finance’s (DeFi) explosive third-quarter brought significant growth to Ethereum (ETH)-compatible stablecoins. According to crypto market data aggregator Messari, the supply of MakerDAO’s DAI stablecoin grew by 623% in Q3…
Continue ReadingHarvest Finance, a decentralized platform that lets users automatically “farm” assets for the highest returns in other decentralized finance (DeFi) projects, now has more than $700 million in total value…
Continue ReadingCoinend has announced the launch of its cryptocurrency gamified platform. GPC DIGITAL S.A operates this cryptocurrency-based gamified prediction portal, a corporation incorporated in Panama. It allows users to predict the…
Continue ReadingThe U.S acting comptroller of the currency, Brian Brooks, predicts th decentralized finance (DeFi) will render many of the financial services offered by banks obsolete, just as email disrupted the…
Continue ReadingThe recent explosive growth of decentralized finance (DeFi) has seen the sector lock nearly $4 billion worth of Bitcoin (BTC) and Ether (ETH) in less than five months. According to…
Continue ReadingDecentralized finance (DeFi) analytics platform DeFi Pulse has launched new safety ratings in alpha to enable users to compare the risks of on-chain protocols. However, the ratings system is still…
Continue ReadingAssociating with the term “DeFi” worked in favor of many blockchain assets this year. UNI was one of them. The governance token, which landed in the hands of people who…
Continue ReadingProgrammers have found a way to replace the core service offerings of Wall Street and an army of corporate lawyers with 800 lines of smart contract code. The “De” in…
Continue ReadingWithin a few years, a younger generation of financial services customers are going to be able to walk into a bank and gain access to credit products, savings accounts and…
Continue ReadingOn October 6, 2020, the RIF (RSK Infrastructure Framework) development team announced that the Makerdao project’s DAI stablecoin is now available via the smart contract protocol RSK. According to the…
Continue ReadingDeFi failed to catch on eight years ago, according to comments from Yoni Assia, founder and CEO of financial platform eToro. “I think that DeFi is super interesting,” Assia said on Oct.…
Continue ReadingBlockchain analytics company Coinfirm recently unveiled a new anti-money laundering tool for the decentralized finance, or DeFi, niche of the crypto space — a sector facing regulatory crackdown on the…
Continue ReadingWhile Ether (ETH) price has been stuck between the $340-$350 range for the last month, multiple on-chain metrics suggest that a recovery may be building. Santiment, a cryptocurrency data analytics…
Continue ReadingAt the LA Blockchain Summit, the blockchain and fintech venture studio Draper Goren Holm announced the launch of a $25 million blockchain fund called “Fund 1.” According to the announcement…
Continue ReadingEthereum’s highly anticipated 2.0 upgrade is poised to bring the network ever closer to fulfilling its original vision to be a “world computer” that plays host to a parallel, decentralized…
Continue ReadingThe European Commission’s newly proposed cryptocurrency regulations pose a specific risk for the decentralized finance (DeFi) industry, according to industry regulatory adviser XReg Consulting. Adopted by the European Commission on Sept.…
Continue ReadingThe average cost of sending a transaction over the Ethereum blockchain has fallen by 82% from a September 2 peak of $11.61, down to $2.09 as of October 4. The…
Continue ReadingMetaMask, the Ethereum (ETH) browser wallet developed by ConsenSys, has surpassed one million monthly active users for the first time. The milestone comes roughly seven months after the wallet first…
Continue ReadingMost of decentralized finance‘s potential scaling options come at the cost of decentralization, according to Kosala Hemachandra, founder and CEO of crypto wallet solution MyEtherWallet. “From a perspective of fully decentralized…
Continue ReadingThe ecosystem is crowded with early versions of DeFi with many flaws: Because the tech is new, because the chains they run on have their own shortcomings, and because people…
Continue ReadingDuring the last year, Ethereum has dominated the decentralized finance (defi) ecosystem but a number of other blockchain projects plan to join the fray. The second layer, smart contract protocol…
Continue ReadingThe crypto space’s decentralized finance niche has reached frenzied status within the crypto industry, signaled by exuberant price highs and rampant speculation. “DeFi is the new overhyped concept in Ethereum,” MyEtherWallet,…
Continue ReadingSome digital asset traders say they’ve been rotating funds out of alternate cryptocurrencies (altcoins) into bitcoin (BTC) in anticipation of the leading cryptocurrency significantly outperforming the entire crypto market for…
Continue ReadingThe decentralized finance (DeFi) community’s insatiable appetite for unaudited code has once again ended in tears and the loss of millions. Eminence, an unfinished “economy for a gaming multiverse” being…
Continue ReadingThere’s a degree of transparency in cryptocurrencies that doesn’t exist in traditional markets like stocks and bonds: Thanks to data that’s easily extracted from blockchains, everyone can see everyone else…
Continue ReadingIf you’re paying attention to developments in the cryptocurrency space, you’ve likely heard of decentralized finance and of the yield farming trend that helped it get over $9 billion worth…
Continue ReadingSeveral crypto assets are currently priced near their mid-2017 valuations, potentially offering a second chance to latecomers. One major caveat, however — these assets may never reach their highs again,…
Continue ReadingKnown for his previous comments criticizing the crypto industry, economist Nouriel Roubini recently posted fresh negativity against the digital asset sector. “DeFi was vaporware from its onset,” he said in…
Continue ReadingTwelve out of 15 of the most popular decentralized finance protocols still have access to a ‘God Mode’ admin key, according to data on review platform DeFi Watch. These full-access…
Continue ReadingThe analyst who correctly predicted a major drop in the LINK price earlier this September had eased his bearish bias on the cryptocurrency. Per the pseudonymous entity, LINK/USDT is in…
Continue ReadingThe latest rebound in the UNI market has raised its expectations of extending its bullish move by at least 34 percent. So says a pseudonymous analyst whose recent predictions for…
Continue ReadingKeeping pace with the rapidly developing decentralized finance, or DeFi, niche within the crypto industry, major crypto exchange Binance has called on blockchain auditing company CertiK to beef up its…
Continue ReadingYam, the decentralized finance (DeFi) sector’s original food-themed clone protocol, has successfully completed its first rebase since its V3 relaunch. Yam’s relaunch on September 18 followed the spectacular failure of…
Continue ReadingThe crypto industry has boasted tremendous growth over the past year, largely thanks to the decentralized finance, or DeFi, boom. Some believe that the DeFi sector resembles the initial coin…
Continue ReadingAvalanche, a blockchain offering scalability to the world of decentralized finance took its mainnet live on Sept. 21. “From Snowflake to Avalanche, the decentralized platform has come a long way,…
Continue ReadingIn a broad sense, 2020 has been the year of the COVID-19 pandemic. As it charges toward 1 million deaths and over 30 million infections, governments have been found wanting.…
Continue ReadingIt is no longer news that decentralized finance provides crypto holders with a myriad of opportunities to earn passive income. While this is a known fact, I believe that it…
Continue ReadingWe aren’t taught real economics in school. We learn, instead, voodoo economics. For example, rarely — if ever — do professors present us with the valuable insights highlighted by the…
Continue ReadingThe decentralized finance, or DeFi, sector of the crypto industry has been bursting with exuberance, innovation, and speculation in recent months. The niche is still very much in its infancy,…
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