Nearly $1B wiped off DeFi TVL amid crypto market sell-off

Value locked in DeFi smart contracts is now around $8.6 billion, down from $9.5...

The post Nearly $1B wiped off DeFi TVL amid crypto market sell-off appeared first on Coin Journal.

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Ethereum Contract Calls Set New All-Time High Amid DeFi Explosion

With the flurry of activity in the decentralized finance (DeFi) space, the number of Ethereum (ETH) contract calls continues to increase. As numerous DeFi projects emerge weekly, dry-runs and tests on smart contracts are increasing as developers work out bugs. дальше »

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Почему DeFi проекты стали так популярны?

Взрывной рост ниши децентрализованных финансов вызван жадностью инвесторов, вдобавок этот процесс абсолютно никак не контролируется. Такое заявление сделал создатель проекта Yield. finance YFI Андре Кронье на мероприятии Smart Contract Summit 2020. дальше »

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Top Crypto Exchange Rolls Out Binance Smart Chain To Boost Development In The DeFi Space

In an announcement on Sept. 1, Binance announced the launch of its mainnet smart-contract building platform, Binance Smart Chain, to provide DeFi platform building capabilities on its blockchain – Binance Chain. дальше »

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Binance Smart Chain Goes Live Supporting Smart Contracts for DeFi

Coinspeaker Binance Smart Chain Goes Live Supporting Smart Contracts for DeFiThe Binance Smart Chain promotes interoperability and programmability with the Binance Chain while enabling smart contracts on the platform. дальше »

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Binance Targets Ethereum With ‘Smart Chain’ and DeFi Platform

Binance has unveiled a new blockchain and a raft of DeFi products to take aim at the industry-standard Ethereum, which has been suffering under heavy loads and all-time high fees. It has become painfully clear for anyone that has made a transaction on Ethereum lately that it’s become financially unviable for smaller amounts. дальше »

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DeFi Review: What Is Nexus Mutual? Introduction to NXM

Nexus Mutual's so-called “Smart Contract Cover” would provide users an extra level of safety for events like the DAO hack in 2016. дальше »

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IDEX Undergoes Smart Contract Audit Instead of Riding the “Test in Prod” Narrative

IDEX, a decentralized exchange, will use crypto firm Quantstamp to audit its smart contracts. It comes at a time when most DeFi projects are launching without strict audits. A DeFi alternative to CEXs In a release, IDEX said the launch of its upgrade, the IDEX 2. дальше »

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A new Polkadot to Ethereum bridge could enable cross-chain DeFi composability

Smart contracts on Ethereum will be able to directly interact with Polkadot.

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Minereum to offer up to 50% crypto bond yield for investors

Minereum recently launched a new crypto bond to its community that ensures investors get up to 50% yield annually. Minereum, the first self-mining smart contract, launched this new offer in the Defi space, where traditional bonds – considered to be among the safest securities – will no longer be dependent on centralized issuers such as banks, municipalities, but pioneered by indubitable software code. дальше »

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yEarn Finance Is Officially the Youngest DeFi Billionaire

yEarn Finance joins Aave, Maker, Curve, and Compound as DeFi protocols with $1 billion of assets locked in their smart contracts. The protocol's token, YFI, has been on a tear lately, doubling its market cap from two weeks ago. дальше »

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Elrond (ERD) to Integrate DIA Oracles to Access Secure Off-Chain and Cross-Chain Data

Sharded smart contracts execution platform Elrond (ERD) to integrate DIA oracles to access off-chain and cross-chain data. Elrond Taps DIA for Oracle Needs In an announcement made today, Elrond CEO, Beniamin Mincu stated that the scalable blockchain protocol’s DeFi products and smart contracts will use DIA oracles to fetch off-chain and cross-chain data. дальше »

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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. дальше »

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The CEO of Band Protocol on integrating with Binance’s Smart Chain, profitability, and future plans

Integrating Band Protocol’s oracle with Binance Smart Chain has opened a new door for the DeFi industry. The post The CEO of Band Protocol on integrating with Binance’s Smart Chain, profitability, and future plans appeared first on CryptoSlate. дальше »

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Algorand Readies On-Chain Smart Contracts as the Summer of DeFi Rolls On

The "stateful" smart contracts are a watershed for DeFi projects, Algorand claimed. дальше »

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Cryptocurrency News Roundup for August 18, 2020

Since the start of 2020, the net worth of assets locked in DeFi smart contracts have increased nearly 10x from $680 million to more than $6 billion. BeInCrypto covered it in-depth here, in case you missed it earlier. дальше »

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Qtum Foundation Opens Up A $1 Million DeFi Fund to Lure App Developers Away From Rival Ethereum

Qtum Foundation announced on Monday that it would rolling out a DeFi fund worth $1 million as part of its effort to accelerate on-chain development within its smart contract ecosystem. The company’s founder, Peter Dai, further highlighted that the fund could be bootstrapped up to $5 million depending on the underlying needs of the Qtum […] дальше »

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Defi Is Coming to Qtum as Ethereum Rival Launches $1M Defi Dev Fund

Blockchain smart contract network Qtum has become the latest ecosystem to woo Ethereum developers. Unlike many of its rivals, however, Qtum can boast compatibility with Ethereum’s EVM, meaning developers can port projects directly over. дальше »

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Yam Finance Developers Share Details on YAM Migration Plans

Yam Finance, a DeFi protocol that imploded due to an inherent smart contract bug is set to make a safer return. Yam 2. 0 Incoming Yield farming is the talk of the town in the crypto industry and several up and coming protocols are looking to tap this burgeoning space by luring “yield farmers” with attractiveRead MoreRead More. дальше »

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Newest DAO Project Was Thrown a Curve, but the Team Is Rolling With It Anyway

An anonymous DeFi user deployed Curve Finance’s DAO and token smart contracts without the team’s permission, but the Curve team is adopting it anyway. дальше »

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Binance-Backed Swipe Partners with Kava to Foster USDX DeFi Ecosystem

Swipe, a crypto-processor enabling users to spend digital assets like they would fiat money in real-time, on Aug 13 announced their partnership with Kava — a multi-asset open finance platform. The deal that will see the processor help grow the USDX DeFi ecosystem ahead of their planned move to the Binance Smart Chain where theyRead MoreRead More. дальше »

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Tron and Waves Aim to Reach Mass-adoption of Inter-chain DeFi via Gravity

Coinspeaker Tron and Waves Aim to Reach Mass-adoption of Inter-chain DeFi via GravityTogether, Waves and TRON are using Gravity to connect their respective blockchains' smart contract languages: Ride and Solidity. дальше »

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Ethereum Transaction Fees Are Going Parabolic as DeFi Continues Ascent

Ethereum transaction fees have continued to surge as decentralized finance (DeFi) has continued its ascent to the crypto mainstream. Fees are getting so high that there are many starting to assert that solutions are necessary, lest Ethereum loses market share to other smart contract blockchains by crowding out a retail audience. Related Reading: “Rich Dad Poor […] дальше »

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DeFi Is DeadFish? Decentralized Finance Parody Launches on Ardor Blockchain

Decentralized finance (defi) is escaping the Ethereum ecosystem that birthed it and permeating other crypto networks. From TRON to Polkadot and Cosmos to Tezos, smart contract chains are embracing the gospel of defi and the chance of redemption and relevancy it promises. дальше »

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SEC hunts for a smart contract analysis tool to strengthen its enforcement

With DeFi becoming more popular, the SEC wants to monitor the rapidly growing industry... The post SEC hunts for a smart contract analysis tool to strengthen its enforcement appeared first on Coin Journal. дальше »

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Ethereum Gas Fees Dips Amid Easing Network Congestion

The smart contract platform’s gas fees finally seem to be dipping as network congestion shows signs of easing. Ethereum Network Congestion Easing The months of June and July witnessed unprecedented transaction activity on the Ethereum (ETH) network, buoyed by the astronomical rise in popularity of decentralized finance (DeFi) protocols such as Uniswap, Aave, Compound, andRead MoreRead More. дальше »

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SEC Seeks ‘DLT Smart Contract Analysis Tool’ As DeFi Becomes A Key Focus Point On Compliance

The latest solicitation from the SEC comes at a time the decentralized finance (DeFi) industry is booming, and the forensic tool will be vital in assisting the commission to monitor risk, security issues on these platforms, and improve compliance of these projects. дальше »

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SEC Seeking ‘Smart Contract’ Tracing Tool That Can Spot Security Vulnerabilities

The federal securities watchdog has taken an interest in DeFi's most basic building block. дальше »

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Swipe launches new Defi app and governance token for the Binance chain

Swipe, a digital asset wallet and debit card platform, has just announced that it will soon be launching a decentralized lending and borrowing application on the Binance smart chain platform. дальше »

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Blockstack CEO Says Bitcoin Is a Better DeFi Solution Than Most Think

Bitcoin a secure cryptocurrency, whereas Ethereum has been a “frontrunner” when it comes to smart contracts.

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Over 20,000 Bitcoin Now on Ethereum, 20x the Amount in the Lightning Network

Highlighting the increasing utility of Ethereum and the position of DeFi, the number of BTC on the pioneer smart contracting platform continues to swell. On July 31, 2020, there were 20,309 BTC ($227. дальше »

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ETH Network Turns 5, Vitalik Buterin Warns DeFi Users Are ‘Underestimating Smart Contract Risk’

Coinspeaker ETH Network Turns 5, Vitalik Buterin Warns DeFi Users Are ‘Underestimating Smart Contract Risk’Ethereum went live five years ago changing the entire blockchain and crypto sector with developers envisioning a new form of money and social interactions and it has so far revolutionized the nascent industry. дальше »

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Ethereum’s Vitalik Buterin Says DeFi Users are Underestimating Risks

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. дальше »

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Soaring DeFi Usage Drives Ethereum Contract Calls to New Record

Coin Metrics reported the daily number of smart contract calls on Ethereum jumped to 3.11 million – a new record. дальше »

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Binance Smart Chain Integrates Chainlink Oracles to Improve DeFi

Coinspeaker Binance Smart Chain Integrates Chainlink Oracles to Improve DeFiBinance has added Chainlink oracles to its Binance Smart Chain platform as it makes DeFi setup much easier for developers. дальше »

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Binance Smart Chain Adds Chainlink Oracles for Better DeFi

Binance Smart Chain will integrate Chainlink data oracles to add usability to its blockchain, in particular, in the burgeoning DeFi space. дальше »

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Chainlink Integration Brings Data Feeds to Binance’s DeFi Project

Binance is building out a DeFi platform with its Smart Chain protocol and has integrated Chainlink as a pricing solution. дальше »

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Bancor’s Bug Exposes Dangerously Common Practice in Ethereum DeFi

Many DeFi smart contracts can withdraw unlimited amounts of money from user wallets, potentially spelling disaster.

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DeFi Growth Correlation with Bitcoin (BTC) and Ethereum (ETH) Price Explained by Top Analysts

Decentralized financial instruments, or DeFi, may be the next big thing in the cryptocurrency realm. Traders are guessing whether investing in DeFi assets is a smart bet дальше »

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Who’s Afraid of Ethereum? The Top 12 Smart Contract Platforms

Smart contract platforms now allow anyone to design programmable finance and apply them to a myriad of new use cases. For example, the decentralized finance (DeFi) movement, as well as... The post Who’s Afraid of Ethereum? The Top 12 Smart Contract Platforms appeared first on Crypto Briefing. дальше »

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EOS-Based DeFi, Equilibrium, Adds Binance, Eosfinex to EOSDT Stablecoin Governance Council

According to official reports, the two companies joined the council alongside independent block producers, EOS Nation and EOS Cannon, to provide oversight over approval of contracts and amendments made on smart contracts on the EOSDT stablecoin blockchain. дальше »

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Ethereum: DeFi, smart contracts face issues as gas prices rise by exorbitant levels

Over the last month, Ethereum's gas prices have been surging faster than Bitcoin's price. The average gas price increased 3X since the start of May. The reason for this surge is similar to when CryptoThe post Ethereum: DeFi, smart contracts face issues as gas prices rise by exorbitant levels appeared first on AMBCrypto. дальше »

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Tron’s New DeFi Initiative JUST

TRON has just launched a new DeFi platform known simply as JUST, which operates similarly to the MakerDAO in that stablecoins are issued when a user locks up native tokens in the smart contract—in this case, TRX coins. дальше »

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Synthetix, Optimism Demo Synthetix.Exchange on Optimistic Virtual Machine (OVM)

Synthetix, the second-largest Ethereum-powered decentralized finance (DeFi) platform has joined forces with Optimism, a Public Benefit Corporation dedicated to developing scaling solutions for the Ethereum smart contracts blockchain, to demo the Synthetix Exchange on the Optimistic Virtual Machine (OVM). дальше »

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DeFi Project dForce Refunds All Affected Users After $25M Hack

The Lendf.me smart contract was hacked on April 29, but then, curiously, the funds were returned two days later. дальше »

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DeFi Bug Freezes $30,000 of Ether Forever

Hegic, a DeFi options trading protocol, has been forced to redeploy its smart contract after a bug in the codebase rendered the options contracts unlockable. A war of words ensued...The post DeFi Bug Freezes $30,000 of Ether Forever appeared first on Crypto Briefing. дальше »

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Stablecoins and Crosschain Loans: 2 Projects Attempt to Bring Defi Solutions to Bitcoin

While decentralized finance (defi) solutions have grown popular on the Ethereum blockchain, developers have recently created similar systems by leveraging BTC’s network. A project called Atomic Loans claims to offer a noncustodial bitcoin-backed stablecoin solution, while Money on chain a new smart contract built on the RSK protocol, also offers a stablecoin token. дальше »

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Bitcoin Smart Contract Solution RSK Sees New Stablecoin and Leveraged Token

Bitcoin-based smart contract solution Rootstock sees a DeFi protocol launch a leveraged token and decentralized stablecoin

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Has Zilliqa Built a Better Ethereum Yet?

Zilliqa, a smart contracts platform, has been following Ethereum’s missteps every since CryptoKitties brought the number two network to a halt in 2017. Now, with DeFi’s future in question, can Zilliqa pick...The post Has Zilliqa Built a Better Ethereum Yet? appeared first on Crypto Briefing. дальше »

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DeFi App Hits ‘Pause’ Button After Losing $25m in Funds, Despite ‘Decentralization’

Another decentralized finance (DeFi) platform temporarily hit the pause button due to an attack. $25M was drained from the smart contract. Hacks and exploits in the world of decentralized finance (DeFi) seem to be increasingly more common. дальше »

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