What do these stats imply for UNI, yearn.finance, and other DeFi tokens?
Despite the millions of dollars lost due to the price collapse of altcoins, the entire crypto market capitalisation was $1.5 trillion. BTC has remained above...
Pomp raises the question: Has Bitcoin DeFi project Sovryn truly surpassed Uniswap v3 by TVL?
Analysts are debating whether the Sovryn Bitcoin money market, situated in RSK, has a TVL of $52 million... or $2 billion. Sovryn, a BTC money...
After researching online, the CFTC chief concludes that DeFi is a “bad idea” and most likely unlawful.
Dan M. Berkovitz, Commissioner of the Commodity Futures Trading Commission, has advocated for a crackdown on unregulated DeFi derivatives markets. The Commodity Futures Trading Commission's...
The World Economic Forum has published a policy guide for DeFi rules.
The World Economic Forum's policy toolkit for decentralised finance aims to promote fair, efficient, and enforceable regulations for the emerging digital asset market. The World...
Sovryn Launches $500K Hackathon to Bring Bitcoin to DeFi
Sovryn has organised a hackathon to expand its platform. Bitcoin and decentralised finance go together like chalk and cheese. Bitcoin, unlike Ethereum, the blockchain that...
Yearn.finance, CRV, and SUSHI are expected to follow this pricing strategy.
Following the latest downturn, DeFi's TVL has begun to rebound. It is presently valued at $66.4 billion. Following the price movement over the previous week,...
Impossible Finance, a BSC subsidiary, raises $7 million for a multi-chain DeFi incubator.
Impossible Finance is constructing a multi-chain incubator in order to extend beyond BSC. Impossible Finance, a Defi protocol built on Binance Smart Chain, has raised...
ConsenSys supports the Uniswap DeFi lobbying initiative.
The contentious concept is gathering traction among the major parties. ConsenSys, a developer of Ethereum solutions, has expressed support for a Uniswap governance proposal to...
DeFi Tokens Rally as Ethereum Increases by 11%
As the cryptocurrency market awakens from its weekend hibernation, Ethereum makes substantial gains. Ethereum's price has risen by 11% in the last 24 hours, reaching...
Dfinity is giving $200 million to developers to build on ‘The Internet Computer.’
The grand goal of the Internet Computer is to be "humanity's primary compute platform." The Dfinity Foundation has announced the creation of a $200 million...
DeFi token rates have plummeted as a result of the Bitcoin sell-off, which has sent TVL below $100 billion.
The value of DeFi darlings and blue-chip tokens has dropped by more than 60% as the crypto industry sell-off drives the gross TVL below $100...
DeversiFi, an Ethereum-based DeFi network, has raised $5 million in strategic investments.
ParaFi Capital led the investment round, which also included Defiance Capital, Lightspeed Venture Partners, Blockchain Ventures, Fenbushi Capital, OKEx, StarkWare, and Longhsh Ventures. Angel investors...
EY spends $100 million in blockchain product development and releases the DeFi contract simulator.
Ernst & Young is investing $100 million in the new suite of Blockchain Analyzer products to target business DeFi. Ernst & Young Global Limited, or...
The five risk groups associated with DeFi.
Betting on an unknown future result is often unpredictable, and the risk is inevitable when investing. Andreas Antonopoulos, a tech developer and Bitcoin supporter, recently...
Ethereum’s price surge means this drawback for DeFi tokens such as CHZ, ENJ, MANA, FLOW, and SUSHI.
Also at its present price stage, over $4000, and with a market capitalisation of $478 billion, Ethereum remains undervalued after the accelerated price surge. The...
Ethereum and DeFi get in shape for another humid summer in the alt season rush.
Is it possible that the alternate season has arrived? ETH, DOGE, and other altcoins hit new highs as DeFi and Ethereum's London hard fork pledge...
IDEX’s ‘hybrid liquidity pool’ seeks to address some of DeFi’s most pressing issues.
DeFi's meteoric rise has not been without setbacks, as the emerging market continues to grapple with high prices, collapsed trades, and front-running. IDEX, a decentralised...
According to a Federal Reserve Bank report, ‘DeFi can result in a paradigm change.’
Ethereum has sparked a flood of financial creativity. The Federal Reserve Bank of St. Louis released a paper that looked at the growth of decentralised...
What is the status of DeFi tokens such as UNI, LINK, SUSHI, WBTC, LUNA, CAKE, and AAVE?
Though Ethereum's price is leading the latest altcoin rally this season, the simple part of DeFi is likely to be over soon. The TVL of...
DeFi acceptance on the Binance Smart Chain is at an all-time peak.
Following a number of protocol updates and cross-chain integrations, decentralised finance protocols on the Binance Smart Chain saw their token values and overall value locked...
Messari estimates that DeFi hacks and exploits have totalled $285 million since 2019.
After 2019, decentralised finance networks on the Ethereum network have lost about $285 million to rogue actors. After 2019, the growing popularity of decentralised finance...
What You Need to Know About the DODO DeFi Token
DODO is a decentralised exchange that operates on the Ethereum blockchain and employs the Proactive Market Maker (PMM) algorithm to supply users with tokens in...
Why the NYSE president is optimistic about Coinbase and DeFi listing.
Classic Wall Street banks, according to Thomas Farley, made the Coinbase stock listing and crypto advances feasible by effectively avoiding the market. Following Coinbase's public...
DeFi Protocol Injective Raises $10 Million from Venture Capital Powerhouses
Injective, a decentralised derivatives exchange site, has received significant funding from venture capitalists, including billionaire entrepreneur Mark Cuban. In a round that included several big...
Two coins stand out when it comes to DeFi: YFI and Aave… this is why
In recent months, the cryptocurrency market has expanded dramatically. Despite the occasional short-term price drop, the overall price trend has been upward, and DeFi tokens...
Number of unique addresses in DeFi has increased tenfold; here’s why.
DeFi tokens are seeing a spike in demand, even as compared to NFT marketplace tokens and top altcoins, as a result of the introduction of...
As the value of DeFi tokens rises, CRV predicts a bumper harvest for ‘DeFi Summer 2.0.’
The seasons are changing, and economies are shifting; will this be a banner summer for decentralised finance? Start the tractors: the farmer's almanack of decentralised...
How long can YFI’s current price run last?
The cryptocurrency industry has seen a lot of progress in the last week, with Bitcoin and Ethereum reaching new all-time peaks. However, it is fair...
In just ten days, the Liquity Protocol has attracted $1 billion in TVL.
After its April 5 debut, the “interest-free loans” decentralised lending protocol now has $1 billion in locked-up value. According to Dune Analytics numbers, the team...
What Does Ethereum’s DeFi Hype Indicate?
The latest DeFi craze is starting to imitate the ICO bubble of 2017 and early 2018. Less than $500 million was spent in decentralised finance...
Flash Loans – Collateral swaps and DeFi lending Explained
Flash loans are a modern kind of uncollateralized lending available from DeFi platforms such as Aave and dYdX. Flash loans are used by DeFi dealers...
The Oasis Foundation has announced the launch of the Tidal DeFi insurance platform.
A renewed emphasis on DeFi may push traffic to the Oasis Network. The Oasis Foundation, an offshoot of Oasis Network developers Oasis Labs, revealed in...
How AAVE, COMP, and MKR aided DeFi’s turnaround
The altcoin market recovered quickly, and in the case of DeFi's top coins, it recovered even faster. The market capitalisation is still over $2 trillion,...
Should investors expect double-digit returns on coins such as CRV, MATIC, and YFI?
DeFi coins, CRV, MATIC, and YFI are all riding the new altcoin rally surge. CRV, which is just a year old, now supports low-cost stablecoin...
Is now the time to spend in COMP?
DeFi's success may have dwindled marginally in comparison to the DeFi Summer in 2020. However, this does not mean that the room isn't crowded with...
Kyber Network also offers spike pricing for DeFi token swaps in the form of Uber.
On the latest DMM, dynamic fees would increase capital performance. Exchange that is decentralised In what it says is a global first, Kyber has introduced...
DeFi is currently the equivalent of a top 40 U.S. bank, having surpassed $100 billion TVL.
It'll be a long journey to the top, but some ecosystem players say we'll get there finally. According to DeFiLlama, a decentralised finance ecosystem tracker,...
Why DeFi must strike a delicate balance in regards to FATF guidelines
In March, the Financial Action Task Force [FATF] issued draught recommendations on the risk-based approach to virtual properties. This recently drafted guideline emphasises the importance...
Shopify’s CEO considering merging the e-commerce giant into the DeFi ecosystem.
The CEO of Shopify seems to have got the crypto bug, which may be a blessing for adoption. The CEO of an e-commerce behemoth is...
Here are a few stuff you should be aware of regarding Ethereum and DeFi’s friendship.
Ethereum's price has been rising in recent days, with the altcoin momentarily reaching the $2,000 threshold before slipping down below it. Although ETH has risen...
Platforms for DeFi Polygon sidechain integrations are announced by Zapper and Aave.
The former Ethereum rival will be integrated by two DeFi heavyweights. Layer-two sidechain Polygon could be emerging as a contender after scoring two major wins...
Returns on DeFi ETFs vs. SUSHI, UNI, COMP, and AAVE compared
Based on their YTD price activity, the following DeFi tokens – SUSHI, AAVE, UNI, COMP, and MKR – are poised for double-digit growth in the...
How PancakeSwap seeks to challenge Uniswap’s DeFi domination.
PancakeSwap has emerged as one of the top DeFi sites, and its integration with Binance Smart Chain makes it a liquidity magnet in comparison to...
What UNISWAP’s price has in stock for this weekend
UNI was trading at $28.46, ranking in the top ten cryptocurrencies; the price of this alt has increased by 9 percent in the last 24...
Are emerging markets losing out on DeFi because of high gas prices?
The traffic rankings for the highest DeFi protocols by TVL was dominated by developed economies, with the United States and the United Kingdom leading the...
Why Defi tokens, AAVE, SUSHI, UNI deserve your undivided attention in the current market cycle
The altcoin season has been a cliche, and DeFi tokens have rallied to the point of leading the most recent alt season. Several times during...
SelfKey (KEY) has increased by 450 percent following DeFi pivot and data storage enhancements.
The introduction of new identity management platforms, as well as a shift towards DeFi, tend to have resulted in a 450 percent increase in the...
How Uniswap’s significance will be felt in the coming months
Uniswap, which has gained nearly 10% in the last 24 hours, has been selling rangebound for the last two weeks before smashing through the current...
Why now calls for concentrate on large-cap altcoins such as Ethereum, Litecoin, Polkadot, and Chainlink
Bitcoin is rallying, and as the price rises, there is more selling pressure on the token, which will most likely spark the next price correction....
Why ‘DeFi and Bitcoin cannot coexist’
As of March 19, the cumulative amount trapped in DeFi had reached $44 billion, having more than doubled since the beginning of the year. However,...
What function does YFI play in the revival of DeFi tokens?
According to CoinMarketCap, Yearn Finance was trading near the $36,228 mark at the time of publication. Although the aforementioned price level was 20% below its...
With more ETH movement into DeFi, Ethereum whales refuse to sell.
In four weeks, the number of wallets carrying more than 10,000 ETH has barely decreased. After the commodity reached an all-time high of $2,050 on...
Proportion of BSC DeFi Projects under DNS Hijack Threat, CZ Binance Cautions
CZ Binance alerts that a number of DeFi-related ventures on the Binance Smart Chain, including PancakeSwap and Cream Finance, are under DNS hijacking attacks. PancakeSwap,...
DODO DEX loses $2.1 million to hackers
Decentralized exchange and liquidity provider DODO is in the headlines today after it is revealed to have been hacked a few hours earlier, an exploit...
DeFi Summer 2.0? ‘Gen 2’ tokens of tears in the broader business recession
Decentralized 'Gen2' finance tokens are moving forwards while the wider DeFi sector is gasping for breath. When some of the brand-name decentralised finance (DeFi) tokens...
Oxygen DeFi project get news $40m investment by Alameda
Alameda Research led a $40 million investment round in Oxygen, a DeFi Prime Brokerage Protocol based in Solana. Alameda Research had previously directly invested $50...
Why Peirce thinks that DeFi would provide SEC with a successful regulatory test
The SEC commissioner described the DeFi space as "a work in process" but "alluring." overall. Hester Peirce, U.S. Commissioner. The Securities and Exchange Commission, dubbed...
Why triumvirate possible among Binance Smart Chain, DeFi, Ethereum
The growth of Binance Coin (BNB) has shocked the crypto industry, but has also contributed to the emergence of another prominent blockchain in the ecosystem....
What makes YFI safe option for traders?
Bitcoin may have captured the spotlight on the crypto market because of its ability to move past previous highs one after the other. However, DeFi...
That’s why DeFi’s rise in 2021 isn’t a statistical anomaly
Despite the corrections set in, Bitcoin was valued at just over $47,500 at the time of publishing. Further down the crypto ladder, Ethereum, the world's...