DeFi - Tag Archives - Cryptonews (Page 80)

YFI Grabs Yield Farmers’ Attention as DeFi Hits USD 3bn Milestone

It's getting busier in the world of decentralized finance (DeFi) every day: the total value locked surpassed USD 3 billion, while a new governance token took the yield farming spotlight.DeFi has been hitting major milestones over the past few months, with the total value locked (TVL) rising quickly...

, by Sead Fadilpašić

Aave’s LEND Skyrockets by 8,000% Against Bitcoin In ‘Over-extended’ Rally

After a strong rally in the past few months, LEND, the native token of Aave, the third biggest DeFi (decentralized finance) platform by total value locked (TVL), is now up by 8,087% against bitcoin (BTC) in the past 12 months while long-term investors dumping their coins on FOMOing buyers....

, by Fredrik Vold

Bitcoin Price Stable as It is ‘Very Much Altseason’ Now – Binance CEO

With bitcoin (BTC) recently being “really stable,” and even jokingly referred to as a stablecoin in the community, it is “very much altseason” in the crypto market right now, according to Binance CEO Changpeng Zhao. In an interview with Bloomberg TV, he said that the fact...

, by Fredrik Vold

DeFi on ‘Tesla’s Path’ as Tokens Skyrocket On Hopes, Not Results

Decentralized finance (DeFi) earnings took a downturn in the second quarter of 2020, but DeFi tokens are rocketing to new highs thanks largely to yield farming – suggesting DeFi could become the financial industry’s answer to Tesla.American electric card producer Tesla is famously...

, by Jaroslaw Adamowski

Sign of ‘Retail Frenzy’ as DeFi Token Sale Gets Oversubscribed 46 Times

A new initial exchange offering (IEO) on crypto exchange Gate.io has recently raised eyebrows in the crypto community with a sale that got reportedly oversubscribed a whopping 45 times.The token in question is the Meter Governance Token (MTRG) from a project known as Meter, which describes itself...

, by Fredrik Vold

Yield Farming ‘Frenzy’ Didn’t Boost DeFi User Numbers

A new report has found that so-called “yield farming” has taken the decentralized finance (DeFi) scene “by storm” of late – but has failed to bring large amounts of new people to the DeFi table, and has done little to help the “DeFi community grow beyond its...

, by Tim Alper

Crypto Revolut In the US, Loans and Coffee on Blockchain + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.Crypto adoption newsUK-headquartered major fintech Revolut has launched its crypto trading service in the United States via a...

, by Linas Kmieliauskas

Ethereum’s Buterin Calls DeFi-powered Yield Farming ‘Unsustainable’

Ethereum (ETH) Co-founder Vitalik Buterin said he has a bit of “love and hate” for the influx of decentralized finance (DeFi) apps that have been built on the network of late – although he labeled them “valuable and essential” to the blockchain's community.Speaking in...

, by Jaroslaw Adamowski

DeFi ‘Incident’ on Uniswap Brings Trader Massive Profit in Minutes

A recently discovered ‘incident’ on the popular decentralized token swap platform Uniswap has sparked a discussion online, as some claim that an algorithm drove up the price of the bZx protocol’s BZRX token and then “dumped” it on retail users.The discussion today...

, by Fredrik Vold

Value Locked In DeFi to More Than Double in 2020 – Spartan Capital’s Koh

Despite already seeing huge growth this year, some investors believe the decentralized finance (DeFi) space has much more room to grow before the party is over, and that total value locked could still more than double in the next six months.The latest prediction for the future of the DeFi market...

, by Fredrik Vold

Chainlink Takes Top 10 By Storm, EOS Leaves the Club

After what has been a relatively quiet weekend for bitcoin (BTC) and most other top cryptoassets, the decentralized oracle platform Chainlink (LINK) has entered what can only be described as a parabolic rally in the crypto market.After the latest rally, LINK has climbed in the rankings of the most...

, by Fredrik Vold

DeFi Faces Multiple Challenges On Its Way To Dominate Crypto

DeFi incentivizes users by offering them more predictable returns than trading. A combination of promised yields and FOMO has driven DeFi growth. DeFi has its challenges, such as security, sustained returns, and stable prices.While Bitcoin (BTC) maximalists remain skeptical, many other industry...

, by Simon Chandler

Bitcoin, Ethereum, XRP CFDs, Defi Moves, Blockchain Deals + More News

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 newsJapan’s Monex Group has launched crypto contract for difference (CFD) products for bitcoin (BTC), ethereum (ETH),...

, by Sead Fadilpašić

Chainlink Surges to New Highs Fuelled by DeFi Boom

On its third consecutive day of strong price gains, LINK, the native token of decentralized oracle platform Chainlink, today surged to yet another all-time high, fuelled partly by massive interest from across the cryptoverse in Decentralized Finance (DeFi) applications.As of press time today (12:49...

, by Fredrik Vold

Liquidity Mining is ‘Like Uber’ Giving Shares to Early Drivers & Riders

DeFi's latest hit is yield farming with millions of dollars worth of tokens distributed each month. It's boosted by liquidity mining, which today is like Uber giving shares to early drivers and riders, argued a researcher. DeFi (decentralized finance) commonly refers to the protocols, digital...

, by Sead Fadilpašić

Cosmos, Polkadot Join Terra In New DeFi Savings Project

Guided by a belief that decentralized finance (DeFi) is still missing “a simple and convenient savings product,” South Korea-based stablecoin issuer Terra (LUNA) has revealed Anchor, a new DeFi project.The new platform will be governed by a newly formed organization the Interchain Asset...

, by Fredrik Vold

# DeFi (Page 80)

Cryptonews in numbers