DeFi hype ebbs away through September

The DeFi boom witnessed between March and August is slowly declining, but it’s not...

The post DeFi hype ebbs away through September appeared first on Coin Journal.

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More Urgent than Ever – Ethereum Layer 2 Solution Goes in its First Phase of Testnet Launch

Ethereum layer 2 solution Optimism is welcoming the first phase of the Optimistic Ethereum Testnet. This development has become a necessity of the market thanks to DeFi mania, which has sent fee on the second-largest network through the roof.

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Binance launches an Innovation Zone to let users trade new DeFi tokens

Binance exchange has launched a new trading zone dubbed Innovation Zone. The exchange unveiled this news through an official announcement, noting that the Innovation Zone lets users trade new, innovative tokens that tend to have higher volatility and pose a higher risk than others.

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Teller DeFi Credit Score Lender to Include Yield Farming

Teller Finance plans to launch a decentralized non-custodial undercollateralized lending platform with yield farming features. The platform will enable liquidity providers to earn TLR and COMP when they participate as lenders through interest rates. 

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Marqet Launches Synthetix Margin Trading DeFi Platform

Another day yields another earning mechanism in the ever-shifting world of decentralized finance (DeFi), and today’s offering is a leveraged trading platform for Synthetix called Marqet. The first protocol that combines two foundational DeFi protocols has been announced amid the Uniswap Token hype, which has driven gas prices through the roof again.

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Defi Platform Bzx Recovers Stolen $8.1 Million From Hacker

Decentalized finance (defi) protocol Bzx has recovered the $8. 1 million it lost to a hacker a few days ago. The company claims it was able to track down the cyber thief, whom it refused to name for legal reasons, through their on-chain activity.

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Despite The Risk, DeFi Continues to Swell Even More; Driving Ether Higher

DeFi tokens are becoming increasingly more accessible through centralized exchanges, such as Coinbase listing YFI this week, which though net positive for the ecosystem, also presents the risks of FOMO, the fear of missing out.

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Gemini lists Compound as its first DeFi token

New York-based crypto exchange, Gemini, has announced that Compound (COMP), Pax Gold (PAXG), and Amp (AMP) tokens will now be available on the platform. Through a blog post on September 11, Gemini stated that the platform would start accepting deposits for the three tokens from September 15.

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Binance Adds More Value to BNB through Yield Farming on Launchpool Platform

Centralized cryptocurrency exchanges, OKEx, and Binance, are now jumping on the bandwagon of yield farming, the hottest thing in the DeFi. After launching the mainnet of its smart contract-enabled blockchain and an AMM called Binance Liquid Swap recently, popular crypto exchange Binance released Launchpool to take advantage of the leading DeFi growth driver.

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New DeFi association set to bridge Eastern and Western DeFi markets

Conflux Network, a permissionless blockchain firm, has rolled out a new DeFi-centered association that seeks to bring all major industry players across the globe together. The startup unveiled this news through an official announcement on September 3, noting that the alliance is dubbed Open DeFi.

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YFI Ploughs Through Bitcoin’s ATH as Yearn Finance Continues to Build the Lego for Castles

The DeFi darling, YFI, is probably having the best time in the crypto industry. The token hasn’t taken a break in its upwards trajectory, which gained speed in mid-August when YFI was trading around $4,500.

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Open-Source DeFi Data Platform DIA Raises $15M Through Token Sale

Marketed as an open-source data aggregator for DeFi markets, DIA announced on Friday that the $15 million were raised through selling the firm’s governance token.

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Open Source DeFi Data Platfrom DIA Raises $15M Through Token Sale

Marketed as an open-source data aggregator for DeFi markets, DIA announced on Friday that the $15 million were raised through selling the firm’s governance token.

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Binance’s DeFi Staking Platform Goes Live with Crypto Dai and Kava

Coinspeaker Binance’s DeFi Staking Platform Goes Live with Crypto Dai and KavaBinance's staking platform for DeFi will allow users to participate in different events by voting through a Proof-of-Stake model.

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Algorand Smart Contract Upgrades Push The Network Into the DeFi Space; ALGO Jumps Over 20%

Algorand Foundation, a non-profit organization developing the Algorand blockchain, is dipping its toes in the decentralized finance (DeFi) ecosystem through the launch of upgraded smart contract functionalities.

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DeFi total value locked blasts through $6.4 billion, causing YFI, REN to rocket

The total value locked of the Decentralized Finance (DeFi) market surpassed $6.4 billion for the first time. The post DeFi total value locked blasts through $6.4 billion, causing YFI, REN to rocket appeared first on CryptoSlate.

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India’s Largest Crypto Exchange WazirX Partners With Matic Network To Develop A DeFi Product

WazirX, which is owned by Binance, is set to introduce an AMM DEX which will allow users to easily swap crypto assets in a decentralized way and at the same time earn fees through provision of liquidity.

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Party Like It’s 2017: Whales and Degenerates of DeFi

The DeFi craze is full-steam ahead: the total value locked has already passed $5 billion, the number of transactions on Ethereum hit 2018 levels, and gas prices are through the...

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Compound Rallies 35% Following YAM Farming Launch; Time for Caution?

COMP, the native token of Ethereum-based lending platform Compound, blasted through the roof on increasing bids for decentralized finance (DeFi) assets. The latest wave of buying sentiment in the DeFi market followed the launch of Yam Finance.

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DeFi Protocol Aave Unveils “Credit Delegation” Transactions, Here’s What It Does

Aave — an open-source and non-custodial lending protocol, is introducing Credit Delegation (CD). It is a new way where depositors can earn additional interest by creating credit lines between lenders and trusted borrowers through a special vault.

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Yield Farming in DeFi Is Fun, but Don’t Forget About Uncle Sam

DeFi is currently the best place in crypto to make a quick buck. However, profitable yield farmers would tell you that it’s a multi-step process, laying through dozens of transactions....

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Uniswap Rides DeFi Wave to Rival Established Centralized Exchanges

The increasing popularity of new DeFi tokens has swayed several crypto holders toward decentralized exchanges (DEX) that, unlike centralized exchanges (CEX), do not have to go through rigorous regulatory hurdles to list a token.

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Cake DeFi: A One-Stop Shop for Generating Yield

Cake DeFi, a platform that allows users to generate cash flow through pooled masternode staking and options lending, has created a platform with a clean user interface that allows anyone from the novice to the time-starved investor, to start earning interest on their cryptocurrency with a couple of simple clicks of a button.

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DeFi Lending App, Aave Protocol, Raises $3 Million Through LEND Token Sale

In an announcement on Wednesday, confirms a $3 million investment in Aave Protocol, the third-largest DeFi app in total locked value. Framework Ventures and Three Arrows Capital directly purchased LEND tokens from the Aave Protocol Treasury, showing increasing interest from institutional investors in the DeFi industry.

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How An Upcoming DeFi Platform Aims To Transform The DeFi Sector Through Aggregation

Ever since Compound launched its governance token COMP, the DeFi sector has been red hot with many people getting in the industry. The total value locked on the Ethereum platform has surpassed $2 billion mark, and the overall market cap for the top 100 DeFi tokens is over $7.

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DeFi Platform Balancer Notes a Security Incident

Despite ongoing growth in the DeFi industry, security concerns remain in place today. Balancer, a project gained traction last week, has gone through a security incident over the weekend.   Balancer is one of the DeFi projects gaining a lot of attention lately.

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Bitcoin users can now Access Ethereum’s DeFi Through tBTC

The competition is heating up when it comes to tokenizing Bitcoin on the Ethereum blockchain. The launch of tBTC is very interesting to behold, especially for those seeking active exposure to decentralized finance.

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DeFi Protocol dForce Successfully Compensates All Users After Last Week’s $24.95 Million Hack

Chinese decentralized finance (DeFi) protocol, dForce was hacked last week but the startup promised to make users whole again. The platform announced that it has fully compensated the victims through the funds that the hacker returned.

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Cryptocurrency Startups Must Be Creative in Both Fundraising and Marketing: Interview with Mik Mironov of SMC Capital

BeInCrypto recently met with Mik Mironov, a partner at SMC. Capital. We discussed the future of fundraising through institutional investors and IEOs, as well as emerging trends in the DeFi sector.

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Blockchain Startup Bridging the Gap Between Bitcoin and Ethereum With tBTC

U. S. -based entrepreneur, Matt Luongo has launched a blockchain protocol dubbed Keep, which aims to bridge the gap between the Bitcoin and Ethereum distributed ledgers through the tBTC altcoin. With tBTC, holders of bitcoin (BTC) will now be able to access Ethereum-based DeFi solutions without having to sell off their BTC for ETH, reports Bloomberg onRead MoreRead More.

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Coinbase Wallet Users Can Now Earn Interest From DeFi DApps Directly In The App

The Coinbase Wallet has just integrated with decentralized finance (DeFi) apps in order to allow its users to lend crypto assets and track the growth of their interest straight from the wallet app. As an announcement made by Coinbase on Wednesday says, Coinbase Wallet users are already putting millions into DeFi platforms through the wallet’s […]

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Coinbase Wallet makes it easier to earn interest through DeFi apps

Learn about working at Coinbase: https://www.coinbase.com/careers - Medium

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How EOS and ETH DeFi Made It Through Market Turmoil

The biggest DeFi projects on Ethereum and EOS have shown a lot of similarities recently, despite all the differences between the two

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$8 Million Ether Sold for Free Through Maker

Black Thursday had been one of the worst days for the crypto community that recorded the violent sell-off across the market. But not only did the prices crash severely, for Ethereum it also resulted in Network congestion, a rise in fees, increased gas price, and liquidation issues with decentralized finance (DeFi) products. As per cryptanalysis firm […]

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ETH Price Strains Defi Collateral Loans as ‘Black Swan’ Event Strikes Makerdao

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.

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Ethereum and Defi: Open Data in the Era of Digital Oil

Listening to movers and shakers in Silicon Valley talking about tackling tech monopolies through a new space where they can’t compete, open data, left many puzzled in regards to what... The post Ethereum and Defi: Open Data in the Era of Digital Oil appeared first on Trustnodes.

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Chainlink To Launch Its First Oracles Outside Ethereum on Polkadot Blockchain

Chainlink’s oracles have become a popular solution for Ethereum based DeFi’s as blockchain innovators seek to integrate their smart contracts with external data for more information. Polkadot, another blockchain built ecosystem, announced on Feb 25th through their blog post that they will also be leveraging the Chainlink tech.

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More Details Regarding the bZX Incident Have Surfaced

A few more details have come to light regarding the recent DeFi hack. The bZX theft raised a lot of questions, and some answers have now been provided.   Figures indicate that roughly $360,000 worth of Ether has been earned by a criminal through the platform.

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DeFi Protocol bZX Suffered From a Smart Contract Exploit

The world of decentralized finance has yet to be put through a big security audit. For bXZ, such an audit will come too late, as the DeFi protocol has already been hacked. Earlier today, news broke of an incident affecting bXZ.

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Maximizing Ethereum DeFi Yields through iEarn Finance

A new non-custodial dApp is making it easy to maximize Ethereum yields across different DeFi protocols. Using iEarn Finance, investors can find how to maximize their return on investment. Dynamic...The post Maximizing Ethereum DeFi Yields through iEarn Finance appeared first on Cryptocurrency News.

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Funds Locked in DeFi Approach $1 Billion Milestone

The amount of money locked in decentralized finance (DeFi) contracts has just blasted through $900M — nearly reaching $920M at the time of publishing. DeFi is increasingly looking like it will be the main driver of Ethereum’s growth as its funds continue to increase.

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Stake Capital introduces new revenue-sharing DAO

Stake Capital, a blockchain company providing staking and DeFi services, has announced the launch of Stake DAO, a revenue-sharing DAO for its DeFi services, enabling DAO token holders to continuously receive staking rewards.

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Binance to support DeFi through Chainlink collaboration

On October 25, Binance officially announced that it would be supporting growth of decentralized finance (DeFi) by collaborating with Chainlink to connect the cryptocurrency data on its platform to blockchains.

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Understanding BitCherry Road to Globalization Through Roadshow Process: DeFi, Science&Technology, and Commerce

After more than a decade of development, the concept of “blockchain” is often seen as a practical change for the business community as well as a utopian imagination against formalism. With the large-scale consumption of “blockchain” and the increasing use of technology, a time-space constructed by technology has largely reshaped human perceptions of time, space, […] The post Understanding BitCherry Road to Globalization Through Roadshow Process: DeFi, Science&Technology, and Commerce appeared first on NullTX.

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Zcash Could Venture into DeFi Through Cross-Chain Interoperability with Ethereum

DeFi could be a new attractive use case for Zcash, which is in the middle of identity crisis

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Bitcoin Price Surges by 5% to $8,250 After Precarious Drop

On Sunday, Bitcoin (BTC) found itself suffering, with bulls failing to step in to save the cryptocurrency from falling through the ever-important $8,000 support level. Related Reading: Crypto Tidbits: SEC Declares Bitcoin a Non-Security, Ethereum DeFi Gains Traction, PayPal Leaves Libra By Monday morning, the Bitcoin price hit $7,800 — a level that analysts said.

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InstaDApp Secures $2.4M in Seed Round Led by Pantera

InstaDApp, a startup that runs a lending portal focused on decentralized finance (DeFi), raised $2. 4 million in a seed round led by Pantera Capital and Coinbase Ventures. InstaDApp Streamlines Complex Transactions The startup’s platform aggregates major protocols through a smart wallet layer and intermediate or bridge contracts.

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Ripple Acquires a New Company Through Xpring to Build XRP-Focused DeFi System

Ripple has acquired Logos, whose team will join its investment arm Xpring to expand on their shared vision of building the Internet of Value, the company announced on Sept. 27. Logos is a startup that develops turnkey payment solutions focused on speed and scalability that will be collaborating with Xpring team. Xpring, Ethan Beard, the […]

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Everipedia co-founder Sam Kazemian is building a better stablecoin with Frax [INTERVIEW]

Everipedia co-founder Sam Kazemian talks about changing DeFi, stablecoins, and banking through his latest startup, Frax. Sam Kazemian is an Iranian-American software engineer, entrepreneur, and cryptocurrency enthusiast.

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