2020-12-12 06:11 |
Beyond the obvious financial risks, there are a number of technical risks DeFi users should be aware of.
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While DeFi has been the most popular buzzword of the year, it is a space that is fraught with risks. In fact, a recent report by BraveNewCoin outlined a series of 18 serious non-financial risks for DeThe post How big a risk is 'Centrality' when it comes to DeFi? appeared first on AMBCrypto.
2020-12-11 17:00 | |
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What will it take to get decentralized finance (DeFi) to deliver the promised land of low fee financial services owned by its users? Many DeFi users will argue that day is already here. They are enjoying 10–30 times higher interest from liquidity pools than traditional savings accounts and lending rates under 1 percent across many […]
2020-12-11 13:34 | |
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Decentralized Finance applications have experienced exponential growth in 2020 with a boom in the value of DeFi tokens and their protocols. The value of DeFi locked in the Ethereum blockchain grew from $4 in August 2017, to $14.
2020-12-7 14:00 | |
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Chainlink is in one corner, explaining why using one or low-quality DeFi sources is a bad idea. Uniswap is in the other and its founder begs to differ. It all began with Chainlink’s Sergey Nazarov who posted a blog on the risks of improperly leveraging oracle flexibility when sourcing data.
2020-12-1 16:46 | |
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The case against BitMEX, an offshore crypto trading platform, has regulatory implications for the burgeoning DeFi market.
2020-11-25 22:53 | |
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UNION, an open and decentralized technology platform that aims to lower the risks, costs, and access to decentralized finance (DeFi), has raised over $3.9M from...
2020-11-12 07:13 | |
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Uniswap’s first governance vote has become highly contentious as concerns over centralization are raised. They may not be the only risks posed, however, as industry observers and analysts begin to dig up more dirt.
2020-10-19 10:48 | |
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The decentralized finance (DeFi) boom of 2020 has not been without risks. A great deal of money was made and lost through various pumps, rug pulls, and vulnerability exploits. DeFi Pulse has recognized this trend and launched a safety index to rank risks for various platforms.
2020-10-14 11:47 | |
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A new Coingecko survey has found that a large number of yield farmers do not know how to read smart contracts despite claiming they understand the risks that come with such investments. According to the survey, which polled 1,347 people, around 40% of decentralized finance (defi) users cannot comprehend the smart contracts they use for […] The post Survey: Large Number of Yield Farmers Can’t Read Smart Contracts Despite High Risk appeared first on Bitcoin News.
2020-9-23 04:00 | |
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According to CoinGecko, more than a third of DeFi users involved in yield farming do not know how to read smart contracts and assess the risks associated with them. This is fraught with loss of investment in the future.
2020-9-25 17:45 | |
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“DeFi is developing faster than you can say ‘protect me from the risks in DeFi’,” said Kayleigh Petrie, Director of Engagement at Nexus Mutual, an Ethereum based insurance protocol. Given the sector’s high risk, high gain motto, it makes sense the need for insurance coverage is growing in line with the sector, which has yet […] The post Nexus Mutual Sees Active Cover Growing 10x, Now Token Price 'Directly Linked to Adoption' first appeared on BitcoinExchangeGuide.
2020-9-19 19:10 | |
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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.
2020-9-15 19:49 | |
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The decentralized finance (DeFi) craze is drawing interest and capital from all corners of the crypto industry. The post BitMEX CEO Arthur Hayes outlines four risks in Ethereum’s DeFi “proto-banks” appeared first on CryptoSlate.
2020-8-29 10:00 | |
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Yam, a new DeFi project put together in ten days with no audit, guaranteed risks, and never-seen-before returns locked upwards of $180 million hours after launch on August 11. The post What is Yam? The YFI-AMPL clone with lures of 10,000% returns appeared first on CryptoSlate.
2020-8-12 13:00 | |
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The DeFi craze may have finally gone too far, leading investors into disaster as some top industry analysts had forewarned. Ampleforth, an altcoin that recently flash pumped by over 700,000%, just collapsed by over 70% wiping out investor’s gains and then some.
2020-7-31 00:00 | |
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Ethereum co-founder Vitalik Buterin believes DeFi investors are underestimating smart contract risks on platforms locking billions of dollars these days, he said on a podcast this week. “DeFi is Fine, But Don’t Put Your Life Savings” In an interview marking Ethereum’s fifth birthday (it launched July 2015), Buterin said most DeFi players were not fullyRead MoreRead More.
2020-7-29 18:00 | |
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The Ethereum market has been noticing a spike in its value given the surge in the Bitcoin market. This spike was of 11%, however, according to the daily chart of Ethereum, it has been marching upwardsThe post Ethereum gas price and risks mainly driven by DeFi appeared first on AMBCrypto.
2020-7-28 23:30 | |
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With extraordinary yields, farmers are rushing to plant their crypto in DeFi protocol Compound. But there’s a drought coming. DeFi Won’t Stop, Risks Pile Up If you thought Compound was...
2020-6-29 20:47 | |
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Compound, the newly-launched DeFi token famous for reaching a $3 billion market cap within days of listings, is facing scrutiny from analysts and traders as questions about its illiquid markets and lack of utility rise.
2020-6-27 17:00 | |
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COMP has created a sudden craze for "yield farming." Here are three scenarios illustrating the risks and rewards of DeFi's latest trend.
2020-6-26 20:00 | |
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Unlike Bitcoin, which has stalled in the low-$9,000s, Ethereum-based decentralized finance (DeFi) has seen exponential growth over the past few weeks. Camila Russo, a former Bloomberg journalist turned Ethereum publicist, noted on June 19th that the amount of value locked in DeFi applications is up 40% in the past seven days alone.
2020-6-21 04:00 | |
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PieDAO has launched its USD++ protocol, comprising a hedged basket of Ethereum-based stablecoins designed to reduce risks for long term DeFi users.
2020-6-18 07:45 | |
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Slowly but steadily, “complex” smart contract transactions are overtaking standard Ethereum transactions. As these transactions need more gas to execute, the network risks becoming much more expensive as it makes...The post DeFi Transactions Are Now Competing for Block Space on Ethereum appeared first on Crypto Briefing.
2020-3-28 19:30 | |
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Ethereum's Devcon 5 conference was a successful event, with many important announcements made during the event. One of the most discussed developments was the launch of MakerDao's Multi-Collateral DAIThe post MakerDAO's MCD could tackle future collateral risks for DeFi ecosystem appeared first on AMBCrypto.
2019-11-14 01:00 | |
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The Bitcoin bull and bear market cycles are a pattern that produces significant developments — when the market is cold, people tend to focus on building the next wave of groundbreaking technology.
2019-3-29 16:26 | |
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As anxiety grows around every new twist and turn in the ongoing QuadrigaCX drama, along with extensive QuadrigaCX media coverage, Canada’s mainstream media has been calling on the government to bring in better oversight and regulation of cryptocurrency businesses, especially cryptocurrency exchanges.
2019-3-20 18:42 | |
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In a post-mortem report, Arcadia Finance developers said an attacker stole funds by liquidating a vault before it could perform a health check, interrupting the app’s normal flow of operations.
Warp Finance's hack of $8 million could have been prevented with better oracles, the team says.
The MakerDAO community is voting on a proposal to harden the protocol's governance structure against flash loan voting.
BProtocol used a flash loan to speed up election results on MakerDAO. The DeFi platform is now weighing changes to its voting process.