Top fund manager thinks Ethereum DeFi shorts make little sense here

It’s been a brutal past two months for the DeFi market.

The post Top fund manager thinks Ethereum DeFi shorts make little sense here appeared first on CryptoSlate.

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DeFi Degens Rush into YFI’s Andre Cronje’s Latest 100% Valueless Token, Despite His Warning Not To Do It

So, YFI’s Andre Cronje is back or maybe not. Cronje’s official medium account yesterday introduced a 100% valueless token. In very clear, highlighted words, he clarified that it is not in the meme sense like the popular YFI token was launched as a zero value and supply governance token.

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Zilliqa (ZIL) enters the DeFi sector with its new DEX

Crypto projects are rushing to join the DeFi sector left and right, and each in its own way. For Zilliqa (ZIL), that means launching a brand-new decentralized exchange based on its blockchain. The exchange will function similarly to Uniswap, in the sense that it will offer a liquidity system and an automated market maker.

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Nexus Mutual Sees Active Cover Growing 10x, Now Token Price ‘Directly Linked to Adoption’

“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.

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Crypto.com latest to bank on DeFi hype with Uniswap-based exchange

Centralized Decentralized Finance may not make a lot of sense, but it is coming.

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Another Wave of DeFi Euphoria Coming? Chinese Users Withdrawing from CEXs and Putting into Yield Farming

Decentralized Finance (DeFi) has been growing like crazy, hitting $9. 5 billion until positions winded and DeFi tokens went down like stones. During the recent market correction, DeFi tokens were hit the hardest, which makes sense given that they have been rallying hard, leaving non-DeFi tokens in the dust.

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Banking Sector Bleeds in 2020 While DeFi Records 900% Growth

In 2020, we saw the Oracle of Omaha, Warren Buffett selling all his positions in banks that included; Goldman Sachs, JPMorgan Chase, Wells Fargo, and others. Given that the banking sector of Dow Jones, Nasdaq, and S&P 500, all three remain under losses, negative 35% returns YTD, it makes sense that even Buffett has jumped […]

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‘Hacker’ Trolls Ethereum DeFi Project, Returns some Funds with a Message

The decentralized finance and lending protocol Lendf. me suffered an attack recently. In an interesting turn of events, some of the funds were actually returned with a message for the project. The DeFi community is scrambling to make sense of yet another theft.

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2019’s DeFi Boom Raises New Questions for Tax Filing Season

A number of startups are now trying to help retail investors make sense of the tax implications of decentralized finance.

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2019’s DeFi Boom Creates New Questions for Tax Filing Season

A number of startups are now trying to help retail investors make sense of the tax implications of decentralized finance.

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