Ethereum’s TVL in DeFi Achieves New Record Despite Investors Moving to Cardano

The value of Ethereum locked through decentralized finance protocols, and smart contracts have reached a new all-time peak of over $9 million. Ethereum in DeFi According to statistics from industry analytics provider, DeFi Pulse, the amount of ETH locked across the whole DeFi ecosystem is at a record $9.

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Taking the Blockchain Promise A Step Further – the DeFi Movement

With over $13 billion locked across them, Decentralized Finance or DeFi protocols are eyeing astronomical growth in the years to come. In offering a global, open substitute for every financial service the world uses – savings, loans, trading, insurance, and more – DeFi is poised to take blockchain’s promise of universal accessibility a step further.

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PolkaFoundry is a Panacea for dApp Developers

If you are familiar with blockchain technology, you must acknowledge how DeFi is revolutionizing finance. Decentralized Finance or DeFi, is a spectrum of financial instruments and protocols that assists individuals to manage their money.

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Cream Finance Critical of GoDaddy in DeFi DNS Attack

On March 15, several decentralized finance protocols on the Binance Smart Chain reported that they had suffered a DNS attack. This caused their websites to become inaccessible for some time. On March 18, Cream Finance confirmed all funds were safe in a post mortem report.

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DeFi “DNS Hijack:” Cream Finance Deployed to New Domain, PancakeSwap Regains Access

Decentralized finance (DeFi) protocols Cream Finance, and Binance Smart Chain (BSC) based PancakeSwap are reporting DNS (Domain Name System) “hijacks” of their respective platforms. Lending protocol Cream Finance tweeted on Monday, “Our DNS has been compromised by a third party; some users are seeing requests for seed phrase on http://app.

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PancakeSwap, Cream.Finance Suffer DNS Attack, Urge Users to Exercise Caution

Cream.Finance and PancakeSwap tweeted they are under a DNS attack by a third-party. Users Urged to Be Cautious In tweets made today, DeFi protocols Cream.Finance and PancakeSwap reported that their DNS had been compromised leading to a pop-up on the website that asks users for their seed phrase as a precondition to using the dApp.Read More

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Forging Longer-lasting DeFi economies: Synthesized inflation with DAFI Protocol

Filled with ever-inflating token models, the DeFi space stands to greatly benefit from DAFI’s synthetics. As the DeFi spaces matures, attention is pouring into exciting new protocols that promise to disrupt the traditional finance space.

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‘Better as friends’: DeFi protocols Yearn and Cover announce cessation of merger

The relationship is "c-over" between Yearn Finance and Cover, an emotional split related to a new protocol from Cover developers.

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Курс токена Cover Protocol обвалился на 33%

Разработчики из DeFi-проекта yearn. finance сегодня объявили о прекращении слияния с Cover Protocol. We have decided to end the previously announced merger process of Yearn and Cover. Both protocols will continue to operate independently.

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Defi on Bitcoin Cash Gets a Boost- Smart Money Startup General Protocols Raises $3 Million from Investors

On March 1, the startup General Protocols announced the company has raised $3 million in a Series A financing round led by a number of strategic investors. General Protocols is the firm behind the Anyhedge protocol, the first decentralized finance (defi) project built on the Bitcoin Cash network.

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1Inch Decentralized Exchange to Transition to Binance Smart Chain as Ethereum Exodus Begins

1Inch, a decentralized exchange (DEX) built on the Ethereum blockchain, has become the highest-profile project to join Binance’s new Smart Chain. Yesterday, the exchange confirmed that it had moved to the Binance Smart Chain (BSC), marking what could be a broader move away from the leading blockchain network for decentralized finance (DeFi) protocols.

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DeFi Protocols Cream Finance, Alpha Exploited in Flash Loan Attack; $37.5M Lost

Alpha Finance says the "loophole" has been patched.

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DeFi wars heat up as Curve Finance TVL hits $3.99B, surpassing Uniswap

Curve Finance has surpassed Uniswap’s total value locked, a sign that competition between DeFi protocols is heating up.

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DeFi en masse? This platform could hold the keys to mainstream adoption

Although decentralized finance has taken the cryptocurrency markets by storm in recent months, DeFi protocols can still be hard for the casual investor to understand. An often dangerous mix of complex concepts and never-before-seen levels of return on investment can attract many everyday investors into risky positions that ultimately result in them losing their hard-earned money.

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Demystifying DeFi with the DAOventures platform

Offering users a suite of automated money management tools, the platform aims to unlock DeFi for a wider audience. We have all seen the meteoric rise of decentralized finance over previous months and with the DeFi marketcap now sitting at around $47 billion, decentralized borrowing and lending protocols have well and truly made their marks […]

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Blockchain Adoption on the Agenda as Deutsche Bank Leads $31M Axoni Series B

Deutsche Bank has participated in a $31 million Series B add-on funding for blockchain startup Axoni which the bank says could have profound implications for the future of the capital market. The intersection of mainstream finance and the novel decentralized ledger technology (DLT) continues to expand with several participants creating protocols that will improve theRead More

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How A Little Bird Is Delivering Trust

Oracles are necessary to bring off-chain data and information into the blockchain Money’s Oracle blockchain technology is building the mechanisms used in the legacy financial system for the cryptocurrency space Money is also working on the Decentralized Finance equivalent of a credit score, which delivers a user’s DeFi history to lending protocols Leveraging trust in […]

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Three is better than one: Why going cross-chain will be a huge milestone for NewsCrypto

The rise and growing adoption of cryptocurrencies, including decentralized finance (DeFi) protocols in particular, has brought with it many new opportunities, but also a number of challenges that the world of crypto is facing right now.

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Why Polkadot is the Future of DeFi

In the last year, decentralized finance (DeFi) has gone from being a relatively unexplored crypto niche to a bustling industry filled with a diverse array of protocols and tools that offer new services and opportunities to users.

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The DeFi Powerhouse That Keeps on Growing

ZENTEREST was recently added to MANTRA DAO’s rapidly expanding suite of DeFi protocols We have seen decentralized finance grow exponentially in recent months and the TVL (total value locked) in DeFi protocols now stands at a jaw-dropping $24 billion.

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COTI, STASIS integrate Chainlink to bridge CeFi-DeFi

Bridging the gap between traditional finance and DeFi protocols seems to be the need of the hour, and Chainlink’s recent integrations seem to be facilitating just that. Blockchain-powered FintechThe post COTI, STASIS integrate Chainlink to bridge CeFi-DeFi appeared first on AMBCrypto.

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SBF leads $50M funding round to bring DeFi to Maps.me's 140M users

A travel and mapping application with 140 million users worldwide has raised $50 million to integrate decentralized finance protocols into its platform.

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Warp Finance Relaunches With ‘Additional Security’ from Chainlink

Warp Finance suffered an almost $8 million flash loan attack on Dec. 17 as it became the latest in a long list of DeFi protocols to get exploited in 2020. It has now announced that it is back online and ready for business once again.

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Cream Finance leaps into DeFi ‘corporate debt’ with Iron Bank launch

The Iron Bank feature will allow protocols to borrow funds without posting collateral.

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Holdefi Disrupts The DeFi Lending Market Through Innovations

Тhe company introduces a new borrowing-adjusted mechanism, never seen in DeFi protocols before The rapidly evolving sector of decentralized finance, or DeFi, is a wonderful use case of the usage of smart contracts on a blockchain.

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This project looks to bridge multi-chain gaps as the Layer 2 of DeFi

As interoperability continues to prove a pain point for AMMs, Tenet connects popular DeFi protocols via the native $TEN token. 2020 saw decentralized finance protocols unlock a suite of new and exciting passive income opportunities.

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Yearn Finance Price Analysis - Bearish continuation likely in the near term

Although many copycat protocols have quickly been spun up in recent weeks, YFI will likely maintain its first-mover advantage in the months to come.

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Blockchain Projects Detoken and Anyhedge Launch Bringing Defi to Bitcoin Cash

On December 30, the decentralized finance (defi) platform Detoken and the firm General Protocols announced the launch of Anyhedge, the first public defi product built on the Bitcoin Cash network. Detoken users will be able to hedge or long their bitcoin cash and earn a funding premium while holding their keys in a noncustodial fashion.

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DeFi Growth Branches Beyond Ethereum

Decentralized finance growth has exploded in the last two quarters of 2020 but it has not all been driven by Ethereum according to recent research. Wrapped versions of Bitcoin and stablecoins have been a huge driver of total value locked across DeFi protocols this year.

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Institutional Support Rallies Behind Exeedme’s Blockchain-based Gaming Innovation

With over $13 billion currently locked across DeFi protocols, the decentralized financial landscape has been growing at a breakneck speed. The high quest for a non-custodial financial product and marketplace has been instrumental to the astronomical growth in the DeFi (Decentralized Finance) sector.

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Yield Farming & NFT’s Led 2020’s DeFi Boom; Boosting DApp Volume by 1178%: DappRadar

The decentralized finance (DeFi) space has arguably been the most impressive component of the entire crypto industry in 2020. With Bitcoin rallying to record highs, total assets locked in DeFi protocols have reached record levels too.

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Yearn Finance Founder Andre Cronje Awarded DeFi ‘Person of the Year’

Decentralized finance has been rocket fuel for the crypto industry this year. From its humble beginnings have emerged a raft of new protocols and the personalities that built them. DeFi analysis portal DeFi Prime has compiled a list of the top personalities and innovators in the industry this year.

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YfDFI Finance: How One Telegram Group Grew to a DeFi Ecosystem Powerhouse

In the past couple of months, we’ve seen the DeFi space reach enormous highs. Within months, we’ve seen billions of dollars passing through various protocols, creating a ton of opportunities for investors, creatives, and enthusiasts.

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Yam Finance and UMA Partner Up to Create DeFi ‘Degen Derivatives’

DeFi protocols are pairing up at an unprecedented rate, and the latest collaboration is between Yam Finance and the UMA platform. Yam Finance was one of the first to catalyze the DeFi food farming frenzy that gained massive popularity in the third quarter of this year.

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PlasmaPay introduces DeFi dashboard and portfolio management service

PlasmaPay, a digital payment platform enabling seamless entry into decentralized finance, has announced the launch of its DeFi dashboard, and portfolio management service, Plasma. Finance. This new dashboard will give users access to the most popular protocols in decentralized finance (DeFi) by putting everything on one interface.

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New Warp Finance DeFi Protocol to Collateralize Liquidity Provider Tokens

There has been no shortage of new decentralized finance earning protocols released this year and they continue to launch as the sector evolves. The latest is Warp Finance, which has the grand plan of creating new use cases for unused liquidity provider (LP) tokens.

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Identifying key Non-Financial risks in Decentralized Finance on the Ethereum Blockchain

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.

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DeFi Protocols Yearn.Finance and SushiSwap Announce Merger

In yet another decentralized finance (DeFi)-related M&A (merger and acquisition), Yearn. Finance and SushiSwap have announced a partnership between both protocols. The news marks the first of such mergers for DeFi bluechip Yearn.

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Yearn Finance Continues Growing with Latest DeFi Acquisitions

Decentralized finance (DeFi) protocol Yearn has had an eventful week of new mergers, acquisitions, and further tweaks to its farming strategies. Yearn Finance has been expanding its reach in the DeFi ecosystem by absorbing a number of smaller protocols, the latest of which being Cover, a market coverage provider.

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Introducing MoonDeFi, a New Part of Decentralized Finance

PRESS RELEASE. Centralized exchanges have been the backbone of the cryptocurrency market for years. They offer fast settlement times, high trading volume, and continually improving liquidity. However, there’s a parallel world being built in the form of trustless protocols.

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Yearn Finance announces merger with Cover Protocol

Yearn Finance has been actively integrating with multiple DeFi protocols of late, and Cover Protocol is the latest addition to this chain of partnerships. Yearn Founder, Andre Cronje, announced theThe post Yearn Finance announces merger with Cover Protocol appeared first on AMBCrypto.

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Digital Euro: German Minister Calls for Quick Decision on EU CBDC

Germany’s finance minister has called on stakeholders in the region to expedite action on plans for a central bank digital currency (CBDC). The EU is currently examining the case for a digital Euro even as China accelerates its digital yuan testing protocols.

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Yearning for Pickle? Two DeFi Protocols Merge

Pickle Finance was recently hit by an exploit in which $19.7 million in DAI was lost.

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Yearn Finance Price Analysis - New services released as DeFi yields cool

Yearn Finance has quickly expanded its services over the past 120 days, just as DeFi yields have begun to cool across the board. With many copycat protocols quickly being spun up in recent days, the project will likely maintain a first-mover advantage in the months to come.

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Nearly 1% of Bitcoin’s Circulating Supply Now Tokenized on Ethereum

Bitcoin on Ethereum continues to grow at a fast speed.  Over the last weekend, a record 175. 4k BTC has been locked on the Ethereum network through DeFi protocols. This figure is currently around 170k, representing nearly 1% of Bitcoin's circulating supply being tokenized and locked in the decentralized finance (DeFi) space.

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DeFi Value Locked Tops $13 Billion While Tokens Race to Recover

The total value locked across all decentralized finance (DeFi) protocols has reached an all-time high of $13 billion while their native tokens continue their recovery. The DeFi sector has resumed its bullish momentum in terms of total value locked (TVL), which has hit a new record high of $13 billion as reported by DeFi Pulse.

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Crypto Is Revolutionizing the Financial System Through the DeFi Sector

You have most certainly heard of it! Decentralized finance, commonly referred to as DeFi, is an emerging sector in the blockchain space that is promising to disrupt the financial sector. The term DeFi refers to financial protocols, tools, products and platforms using smart contracts as alternatives to the traditional financial infrastructure. DeFi apps are transparent […]

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DeFi outlook: AAVE, UNI, YFI price analysis

The total value locked in decentralised finance protocols hits $12. 7 billion as Aave,...

The post DeFi outlook: AAVE, UNI, YFI price analysis appeared first on Coin Journal.

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DeFi Bounce: YFI Leads Weekend as Decentralized Finance Tokens Surge

Decentralized finance-related tokens are in recovery mode this weekend, with big bounces from some of the leading protocols. YFI is leading the pack with a gain of almost 75% at one point. The gains have since been whittled down to 55%.

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