Flare Finance: Expanding DeFi to Ripple, Dogecoin, and Litecoin

[Featured Content] The field of decentralized finance (DeFi) is booming over the past year.

BIS and SWIFT Intensify Race With Crypto For Cross-Border Payments

Major players of the traditional financial industry are looking for new ways how to keep their positions, threatened by the emerging cryptoasset and decentralized finance (DeFi) industries.

Jigstack DAO Acquires Icorating.com Platform to Strengthen Its Token Launch Pad Lemonade

A decentralized finance (defi) protocol announced that it officially acquired an initial coin offering (ICO) listing platform.

Layer-2 race heats up as Loopring (LRC) price gains 430% in 2021

Loopring’s increasing DEX volume and token price show the project is emerging as one of the leading layer-two solutions working to address the high gas fees on the Ethereum network. Cross-chain bridges and layer-two solutions have become an important topic of conversation in recent weeks as protocols compete to offer the best solution to skyrocketing transaction costs on the Ethereum network.  While a lot of the focus in decentralized finance (DeFi) has been on the creation of a sprawling multichain ecosystem following the recent emergence of Binance Smart Chain and Avalanche, those who wish to stay on Ethereum have turned to layer-two solutions like Loopring as their preferred method of escape. A recent report from Delphi Digital has identified Loopring’s decentralized exchange (DEX) as one of the top layer-two contenders, as it has already settled $590 million in volume in 2021.

Aave and Balancer announce hybrid AMM liquidity pool & lending product

In what may become an industry standard, unused liquidity from Balancer will be deposited into Aave, significantly increasing depositor yield In the latest feat of decentralized finance (DeFi) money lego magic, lending platform Aave and automated market maker (AMM) Balancer have teamed up on a hybrid liquidity-and-lending feature that may significantly fatten depositor yields. In a blog post today, Balancer CEO Fernando Martinelli unveiled plans for the project, dubbed the Balancer V2 Asset Manager.

Top Crypto Analyst Says He Plans To Build Large Position in This Relatively Unknown Altcoin

A prominent crypto strategist and technical analyst is revealing his plan to build a big position in an under-the-radar altcoin.  In a new tweet, the pseudonymous analyst known as Cantering Clark tells his 53,000 followers that he’s looking to accumulate a new breed of crypto asset that targets both users of the decentralized finance (DeFi) […] The post Top Crypto Analyst Says He Plans To Build Large Position in This Relatively Unknown Altcoin appeared first on The Daily Hodl.

CyberFi – An Intelligent Trading and Automation Platform for DeFi

While the decentralized finance (DeFi) space is not new, it has experienced massive growth to surpass $37 billion.

Crypto Trader Ben Armstrong Names Top Altcoin, Says Little-Known Crypto Asset Will Erupt in 2021

Crypto trader and YouTuber Ben Armstrong says he’s expecting a decentralized finance (DeFi) gem that’s flying under the radar to explode this year.

With rebrand on the horizon, Sushiswap receives “Sushi.com” domain name gift

The team "can't believe" they've claimed the hot digital property, and say that the gift came at an opportune time A major decentralized finance (DeFi) protocol’s SEO metrics just spiked through the roof.  In a tweet today cryptocurrency investment fund Future Fund announced that they’d acquired the “sushi.com” domain name on behalf of DeFi platform Sushiswap. Happy to announce we’ve acquired https://t.co/Hjsm7MOIYY for @sushiswapA strong domain will greatly increase internet traffic and exposure to the sushi brand for their forthcoming new projects.2021 will be a big year for $SUSHI pic.twitter.com/NWWkgTldWq— Future Fund (@FUTURE_FUND_) February 19, 2021 Sushiswap’s online presence is notoriously scattered, including domains like “sushiswap.fi” and “sushiswapclassic.org.” In the announcement, Future Fund noted that the simplicity is an improvement, saying, “A strong domain will greatly increase internet traffic and exposure to the sushi brand.” While the terms of the purchase were not revealed, the domain is a hot property that has previously been listed for between $600,000 and $1.5 million, according to various domain sales sites. When ask about the purchase, Sushiswap CTO Joseph Delong’s initial reactions was simple: “Pretty based imo.” According to Delong and core contributor 0xMaki, the timing of the buy couldn’t have been better.

Uniswap (UNI), Compound (COMP), Other DeFi Coins Are Slipping Lower

Top decentralized finance (DeFi) coins are sliding lower despite strength in the Ethereum price.

Crypto Trader Elliot Wainman Says This Low-Cap Crypto Asset Built on Ethereum Could Be the Next Big Moonshot

Crypto influencer and trader Elliot Wainman is bullish on a low-cap altcoin that is combining the advantages of decentralized finance (DeFi) and non-fungible tokens (NFTs).

Solana Founder On Critical DeFi Challenges and How To Fix Them

Anatoly Yakovenko. Source: A video screenshot, Youtube/Solana High transaction fees and security are the two most pressing challenges in the decentralized finance (DeFi) industry, according to Anatoly Yakovenko, Founder and CEO of blockchain developer Solana (SOL).

As faith in audits falter, the DeFi community ponders security alternatives

Can new code review models solve DeFi's audit problem? As the attacks launched against popular decentralized finance (DeFi) protocols grow ever-more complex, the efficacy of audits from major security companies have in turn come under scrutiny — and some members of the DeFi community have already begun building homegrown alternatives. “I think that now, after all the hacks we’ve had, we basically understand that if you have two audits, three audits, it doesn’t mean you’re safe,” said the co-founder of DeFi Italy Emiliano Bonassi in an interview with Cointelegraph.

PancakeSwap becomes the first billion-dollar project on Binance Smart Chain

PancakeSwap takes advantage of lower costs on the Binance Smart Chain to become the second-ranked DEX by volume. PancakeSwap (CAKE) has emerged as a rising star in the decentralized finance (DeFi) sector with the recent surge in price helping the food-themed token become the first billion-dollar project on the Binance Smart Chain (BSC). Data from Cointelegraph Markets and Tradingview shows that the price of CAKE has risen 520% since reaching a low of $1.89 on Feb.

Mark Cuban Says Crypto-Based DeFi Movement Reminds Him of Early Days of the Internet

Billionaire entrepreneur Mark Cuban says the crypto-based world of decentralized finance (DeFi) reminds him of the internet boom in the mid-90s.

Bryan Legend and DeFi Go Together Like Stock and Bonds

Decentralized Finance (DeFi), a product of cryptocurrency’s evolution since the introduction of Bitcoin more than a decade ago is now in a position to mirror the traditional financial products and services.

0x takes initial steps towards decentralizing governance

As the price for ZRX surges, the 0x team is taking initial steps towards community governance In a post today on their governance and research forums, the team behind decentralized finance (DeFi) DEX protocol 0x announced initial plans to decentralize their governance by creating a “community-owned treasury seed-funded by 0x Labs.” “As we continue our mission to create a tokenized world where all value can flow freely, 0x Labs intends to experiment with seed-funding a community treasury managed by a DAO,” reads the post.

Ethereum devs grumble as Harvest Finance and Value Defi eye Binance Smart Chain

Two Ethereum-native DeFi protocols are headed to Binance Smart Chain, but critics doubt the layer-1 has staying power Today, yield aggregator Harvest Finance and multi-service platform Value DeFi — two Ethereum-native decentralized finance (DeFi) protocols accounting for nearly a billion dollars in total value locked between them — announced planned expansions to Binance Smart Chain, the smart contract platform built by crypto exchange giant Binance. Not everyone in the Ethereum community is ready to take BSC seriously, however.

DeFi Could Trigger Paradigm Shift in the Financial Industry, According to St. Louis Federal Reserve Report

The St. Louis Federal Reserve, one of the 12 regional banks of the US central banking system, has published a new report analyzing the potential of decentralized Finance (DeFi).

TORN soars 200% as Tornado.Cash’s governance token becomes tradable

Apes rejoice as yet another token airdrop fattens their portfolios The decentralized finance (DeFi) “stimulus checks” keep coming as Tornado.Cash joins Uniswap, Badger DAO, StakeDAO, and others in “airdropping” a now-tradable TORN governance token to early protocol participants. Tornado Cash, which is an Ethereum “tumbling” service that obscures transactional history in order to preserve user privacy (as well as allow scammers and hackers a method to launder their funds), first announced the launch of a governance token in December.

Can the launch of Colony v2 relieve DeFi’s governance woes?

Years in the making, Colony aims to solve DAO pain points and bring decentralized governance to the masses Colony, an early Ethereum project aimed at building decentralized governance tooling, announced today that it is preparing for a relaunch that’s been five years, multiple missteps, and a few half-starts in the making. If successful, however, the new app could be a boon for the dozens of decentralized finance (DeFi) protocols currently struggling with the clumsy mechanics of DAO governance — a nearly universally-acknowledged problem in dire need of a solution.

Fed-Published DeFi Study By a European Professor Boosts Industry Morale

Decentralized Finance (DeFi) remains a niche market, but its efficiency, transparency, accessibility, and composability make for interesting characteristics, enabling it to potentially contribute to a more robust and transparent global financial infrastructure, according to a study published by the St.

Bitcoin Billionaire Cameron Winklevoss Says Ethereum Significantly Undervalued, DeFi Crypto Assets Are Just Getting Started

Gemini co-founder and Bitcoin billionaire Cameron Winklevoss says Ethereum’s worth is not reflected in its market cap and that the booming decentralized finance (DeFi) sector is still in its infancy.

Anon-powered options: DeFi platform Premia goes live

An all-anon team is hoping to realize the long-awaited dream of a flexible DeFi options platform The Anon Powered development team has announced today the launch of Premia, the latest decentralized finance (DeFi) options platform live on Ethereum.  In an interview with Cointelegraph, the group of semi-anonymous developers behind Anon Powered — who collectively requested that they be referred to as “members of the Premia Republic,” the name for Premia’s forthcoming DAO — said that out of the gate users will be able to write, sell and exercise “American-style covered calls and puts,” which can be exercised prior to the option expiration date. Premia’s launch adds to an increasingly crowded DeFi options marketplace, joining projects such as Auctus, Hegic, and Opyn.

yearn.finance Reveals Details on Hack That Triggered $11 Million Loss

Decentralized finance (DeFi) yield aggregator yearn.finance (YFI) reveals the details of a hacking incident that caused a total loss of $11 million to the network.

Billionaire Mark Cuban Is Buying This Crypto Asset at a Rapid Rate

Billionaire investor Mark Cuban is doubling down on his bet on a top decentralized finance (DeFi) project.

New Crypto Asset Bringing Bitcoin to DeFi Surges 1,086% in Just One Month

A new crypto asset aiming to bring Bitcoin to the decentralized finance (DeFi) movement is mooning, making over 1,000% gains in the past 30 days.

Yearn's YFI Drops Following a USD 11M-Heavy Exploit

Decentralized finance (DeFi) protocol yearn.finance's YFI dropped more than USD 4,000 after one of its DAI lending pools was drained of USD 11m in an exploit.

'DeFi Will Eat JPMorgan' But There Are Risks Before That Meal

Decentralized finance (DeFi) protocols are estimated to grow in a decade or two to tower over legacy financial substitutions, such as major US-based investment bank JPMorgan, but there are specific, inherent risks that still need to be dealt with.

Alpha Drop: A Look at Polychain Capital’s Crypto Portfolio

Polychain Capital, a blockchain asset investment firm that backs projects at various stages of development, continues to add decentralized finance (DeFi) projects to its growing crypto portfolio.

Top Analyst Nicholas Merten Says This Crypto Asset Could Be Next Big DeFi Play

Prominent crypto strategist Nicholas Merten is keeping a close watch on a decentralized finance (DeFi) asset that he says has the potential to more than double its value in the coming days.

DeFi in the spotlight as legacy brokerages break down

As retail trust in the stock market comes under strain, DeFi developers champion an alternative system As legacy markets roil, brokerages break down, and accusations of market manipulation fly, longtime decentralized finance (DeFi) adherents can’t help but say “I told you so” when it comes to the need for open, unstoppable, and permissionless financial architecture.  Earlier today, popular trading app Robinhood took the possibly unprecedented step of disabling the buying functionality on certain tickers following a massive wave of retail interest in heavily shorted assets.

Will Grayscale venture into DeFi with new crypto trust filings

According to a new filing, Grayscale seems to have set the foundation for crypto trusts associated with the decentralized finance (DeFi) space.

Six Crypto Assets Are Booming Despite Bitcoin Breakdown

A number of decentralized finance (DeFi) assets are surging despite Bitcoin’s current stagnation.

DeFi Trends to Watch Out For in 2021 According to ConsenSys and Kraken

The world of decentralized finance (DeFi) this year, among other developments, will likely see rising popularity of tranche lending, increased use of Layer 2 protocols as a scaling solution, faster tokenization on Ethereum (ETH), and improved mobility of staked ETH, estimates ConsenSys Codefi, a unit of ETH-focused major blockchain company ConsenSys. The Q4 2020 DeFi

Ethereum Needs To Clean Its Value Proposition - Coinbase

While ethereum (ETH) outperformed and was more volatile than bitcoin (BTC) in 2020, and as decentralized finance (DeFi) is expected to expand it further, the ETH community still needs to try harder in clarifying the Ethereum narrative, according to major crypto exchange Coinbase.

Crypto Whales Are Buying This DeFi Asset Behind the Scenes at a Rapid Rate, Says Santiment

Investors with large amounts of capital appear to be stockpiling one decentralized finance (DeFi) asset in particular at a rapid rate.

Ethereum Rally Fuelled by DeFi, Can Bitcoin Get Some of This Fuel Too?

Ethereum (ETH) rally has been fuelled by decentralized finance (DeFi), but what if there were a simpler way to use bitcoin (BTC) in DeFi too - the yield opportunity would lead to more demand and to institutional levels of capital, according to blockchain analysis firm Chainalysis' chief economist. At 11:00 UTC, ETH is trading at USD 1,398, after it had hit an

Ethereum Killers: Emerging Smart Contract Platforms to Rival ETH Dominance

While Ethereum dominance in decentralized finance (DeFi) cannot be denied, rival smart contract platforms the Ethereum Killers note significant value growth as well.

Brian Brooks Says Crypto, DeFi and Stablecoins Necessary as Money Supply Goes to the Moon

Brian Brooks is touting the benefits of crypto, decentralized finance (DeFi) and stablecoins as he exits his role as Acting Comptroller of the Currency.

Another day, another airdrop: power DeFi users can now claim Stake DAO tokens

Multiple problems with Stake DAO's token airdrop have left some users on the outside looking in Active decentralized finance (DeFi) users woke up yesterday to yet another “airdrop” of governance tokens, this time courtesy of self-described “multi-service platform” Stake DAO — but, due to the unique distribution method and some bugs in the rollout, eligible users might want to claim their tokens sooner rather than later.  In an introductory post to the project, Stake DAO laid out the parameters for the SDT token distribution, which set aside an initial 1.5% of tokens for “active members” of a long list of popular DeFi projects.

Ethereum Could Touch $10,500 After Crypto Rises to Record High: Fundstrat Global

Fundstrat Global Advisors strategist David Grider predicts that the price of ethereum could rally to $10,500 per unit after the cryptocurrency set a new all-time high on Tuesday.

Six Crypto Assets Have Skyrocketed More Than 100% in Just One Week

Six decentralized finance (DeFi) assets are surging at breakneck speed after more than doubling their value in just seven days.

Projects weigh security risks, benefits of liquidity pool token collateral

Liquidity pool token-backed collateral could bolster DeFi's TVL, but can it be used securely? Multiple decentralized finance (DeFi) projects are moving forward with plans to allow liquidity provider tokens as collateral for stablecoin and lending services — though experts caution that the security considerations associated with using LP tokens in this manner can be complex.  LP tokens are distributed to liquidity providers on automated market makers (AMMs) to represent a provider’s stake in a liquidity pool.

Crypto Trader Names Top 7 Small-Cap Altcoins As DeFi Mania Breaks Out

Crypto influencer and trader Elliot Wainman is naming seven small-cap altcoins that he believes are poised to erupt in the booming decentralized finance (DeFi) sector.

Partner at Crypto Giant ParaFi Capital Reveals Strategy for Investing in Nascent DeFi Market

Santiago Roel Santos, partner at alternative investment firm ParaFi Capital, is revealing key components behind his formula for investing in the embryonic decentralized finance (DeFi) markets.

Crypto Newcomer Soars 1,338% After Launch, Grabs Support From One of DeFi’s Biggest Platforms

A new crypto asset is booming and the high-risk decentralized finance (DeFi) sector is on a tear.

Offline Travel App Maps.Me Raises $50M in Seed Funding Led by Alameda Research

The funding will go toward the launch of a multi-currency wallet on Maps.me and enable a decentralized finance (DeFi) ecosystem.

Core contributors, investors debate Yearn token mint

After a stormy weekend for DeFi's original yield vault, dust is settling and a path forward is being paved What started as a simple governance proposal to build a war chest for the the Yearn.finance development team has now spilled over into a wider conversation about incentivization, sustainability, and fair project launches in the decentralized finance (DeFi) space.  On Wednesday, Jan.

Top Crypto Analyst Betting on Select Group of Altcoins, Says DeFi Bull Run Will Make 2017 Look Like Child’s Play

A popular crypto trader says the decentralized finance (DeFi) sector of the crypto market is poised to go through a moon phase that will put 2017’s extended bull run to shame.

Multiple DeFi mainstays crack top 20 in long-awaited ‘Great Repricing’

For DeFi believers, vindication has been every bit as profitable as it’s been sweet Hardcore decentralized finance (DeFi) adherents woke up today to a long-awaited sight on Coingecko’s top 100 rankings by marketcap: native tokens for popular DeFi platforms Synthetix and Aave have cracked into the top 20, an event DeFi observers have heralded as “The Great Repricing.” DeFi investors, users, and builders have long argued that the sector writ large is wildly undervalued relative to other cryptocurrency projects given DeFi projects’ growing userbases, cash flows from protocol fees, and high levels of activity compared to “zombie chain” layer-1 networks scattered throughout the top of the marketcap rankings.

$100 Swaps: Ethereum Dex Volumes Saw $39 Billion Last Month Despite ‘Insane’ Trading Fees

During the last 12 months, Ethereum-based decentralized finance (defi) solutions and decentralized exchange (dex) platforms have been very popular.

Emerging DeFi Platform YFDAI Finance Launches SafeSwap and Launchpad, More Products to Follow

PRESS RELEASE. YFDAI Finance, a prominent decentralized finance (DeFi) project has recently announced the launch of two prominent products as it works towards strengthening its position in the sector.

ETH Fees Surge to All Time High After the Crypto Passed the $1,000 Mark

After the ether token surged past the $1,000 mark on January 3, the average transaction fee on the network similarly soared to a new all-time high (ATH) of $17.41, some 24 hours later.

Sushiswap reveals ambitious 2021 roadmap

In a reveal that set cryptotwitter ablaze, Sushiswap lays the foundation for a strong 2021 After a wild, up-and-down 2020 that saw Sushiswap become the largest decentralized exchange (DEX) by liquidity at two different points, the decentralized finance (DeFi) platform has released a wildly ambitious project roadmap for 2021. Key forthcoming developments include multiple examples of some of the most complex and advanced functionalities in the DeFi space, including a cross-chain DEX that will be enabled by Rune and Moonbeam, an implementation on the Polkadot chain, and a fully decentralized governance structure by the end of 2021. The post also provided updates on previously-announced projects, including a v2 launch called Mirin and a mid-January target date for the launch of BentoBox, a forthcoming lending product. There were also hints at a possible forthcoming rebrand.

Flare Networks Announces Litecoin Airdrop, Plans To Bring DeFi and Smart Contracts to LTC and XRP

Flare Networks is announcing plans to integrate with Litecoin, bringing decentralized finance (DeFi) and smart contracts to the cryptocurrency’s platform.

LibertyPie partners with Zoracles to expand private, decentralized DeFi platform

[PRESS RELEASE – Please Read Disclaimer] As interest explodes in anonymous peer-to-peer (P2P) lending and decentralized finance (DeFi), two tech companies are teaming up to build out a project to provide zero-knowledge proof (ZKP) oracle data to smart contracts.

Ethereum & Bitcoin Locked in DeFi Plunge; ETH Staked Rises

Ethereum (ETH) locked in decentralized finance (DeFi) has seen a significant drop of 30%, while more than 50% of bitcoin (BTC) left DeFi during past several months as both cryptoassets have been rallying.

Tackling Volatility Issues for Liquidity Providers with DeFi Yield Protocol (DYP)

[Featured Content] The field of decentralized finance (DeFi) continues to expand, dismissing a lot of speculative notions that last year’s advance was a bubble-like move.

DeFi dynasty? Synthetix co-founder’s siblings reveal blockchain game project

A new game project from the brothers of Synthetix co-founder Kain Warick incorporates DeFi and NFT elements. A fledgling blockchain-based game project called Illuvium has already managed to attract support from major industry backers — a development owed in part to the fact that Illuvium co-founders Kieran and Aaron Warwick are the brothers of Kain Warwick, the co-founder of decentralized finance (DeFi) platform Synthetix. In a tweet on Friday, Kain announced that “after two years of pressure,” his brothers were revealing to the world a blockchain-based game: Extremely excited that after years of pressure two of my brothers are launching a crypto NFT game @illuviumio.

DeFi 'Genie Is Out' and Is Set For Growth in 2021

In 2021, decentralized finance (DeFi) might see stronger interest not only from individual users but from institutional investors also, as the environment for this nascent sector is still favorable, according to industry players speaking to Cryptonews.com.

YFDAI Finance on Path to Push DeFi to the Limit, Starting with SafeSwap and Launchpad

Emerging decentralized finance (DeFi) ecosystem, YFDAI Finance, announces the launch of two new services – SafeSwap and Launchpad, both key moves in the promotion of mass growth and adoption of DeFi services.

Happy New Year Of Bitcoin, Ethereum, Alts, DeFi, CBDC & Other Trends!

On this first day (UTC time) of the new year, we will turn to the future and look into the predictions we have already published for 2021: on crypto space in general, individual cryptoassets, prices, technology, adoption, investment, regulation, security, as well as decentralized finance (DeFi) and central bank digital currencies (CBDCs). Bitcoin, Ethereum, XRP, Bitcoin

Economist Names Top DeFi Crypto Projects, Warns Emerging Market Faces Regulatory Hurdles

Economist Alex Krüger is revealing his top six decentralized finance (DeFI) picks heading into the new year.

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.

Cryptonews Rewind 2020: Q3 - DeFi Summer, New Bitcoin Bulls, More Hacks

Here is what happened in the Cryptoworld in the third quarter of this year: Total crypto market capitalization in Q3 July In July, the decentralized finance (DeFi) summer got hotter.

Hacker Successfully Cracks DeFi Platform, Prints 40 Quintillion Coins Before Returning Funds

A hacker successfully cracks decentralized finance (DeFi) platform Cover Protocol en route to printing 40 quintillion COVER tokens and decimating the supply.

Cover Protocol Attack Perpetrated by ‘White Hat,’ Funds Returned, Hacker Claims

The decentralized finance (DeFI) insurance project Cover Protocol was hacked earlier Monday in an infinite printing scheme, causing the price of the Cover token to plunge.

Expert: Defi Could Be a Common Term in the Financial Industry in 2021

The founder of defi-related fintech Yield believes 2021 will be the year that decentralized finance (defi) becomes a “common term” in the financial industry, as the sector is now taking it seriously and building R&D labs. The

The Online Family Office and High Net Worth Blockchain Conference

On January 21st, 2021, DC Finance will hold an online family office dedicated event to the blockchain space, focusing on the resurgence of blockchain, cryptocurrencies and decentralized finance (DeFi).

After exploit, Warp Finance compensation plan takes promising strides

In a promising sign for the DeFi space, another project devotes itself to complete user compensation following an exploit In a blog post on Saturday night, Warp Finance — the latest decentralized finance (DeFi) protocol to suffer a smart contract exploit — announced promising strides towards recompensating users following a nearly $8 million flash loan attack.  As Cointelegraph reported on Friday, the DeFi protocol, which offers stablecoin loans on liquidity pool token collateral, lost $7.7 million in USDC and DAI when an attacker used multiple flash loans to create liquidity pool tokens, manipulate Warp’s price oracles, and drain Warp’s stablecoin coffers.

A lifetime in 24 Tweets: The rise of Inverse.Finance

"I felt like I wanna do things my way for once," says solo developer Nour Haridy. Consisting of 24 Tweets over a 48-hour period, Inverse.Finance’s social media presence reads like a decentralized finance (DeFi) startup story in hyperdrive.  Over the course of its short life the fledgling protocol has already attracted $4.3 million in total value locked (a figure that seems to be rising as fast as solo developer Nour Haridy can raise the hardcap), luring depositors with the promise of passive ETH gains on DAI — gains powered by permissioned early access Yearn.Finance’s forthcoming, yield-bearing v2 vaults.

Flaming Farm: The Deflationary Token with Distinct Capabilities

[Sponsored Content] The field of Decentralized Finance (DeFi) is undoubtedly amongst the hottest topics in 2020 as the industry has grown substantially over the past months.

If Traditional Finance Moves to CBDCs, 2 Scenarios Open for DeFi - INDX CEO

Source: Adobe/Михаил Зябликов Traditional finance can't escape decentralized finance (DeFi).

Nimbus Project: Redefining the DeFi Space

The term FinTech – short for financial technology is relatively new, popularized by over a decade-old cryptocurrency revolution.  The latest development in the blockchain-backed FinTech industry is decentralized finance (DeFi).

XSigma DEX: Tackling DeFi’s Biggest Challenges

[Featured Content] The field of decentralized finance (DeFi) has undoubtedly been at the forefront of the cryptocurrency industry in 2020.

Introducing CyberFi — An Intelligent Automation Platform for DeFi

The text below is an advertorial article that was not written by Cryptonews.com journalists. The Decentralized Finance (DeFi) sector of the crypto industry is not new.

Uniswap Through Cryptoenter Comes to the Banking Sector

[Featured Content] The notion of decentralized finance (DeFi) is growing stronger by the day.

CryptoWars Is an Ideal Combination of Gaming and Liquidity Mining

Decentralized finance (Defi) has сaused a mighty furor recently.

Defi Protocol Founder Tricked, Hacked for $8 Million in Personal Funds

Nexus Mutual founder and chief executive officer Hugh Karp’s personal wallet address has been hacked for more than $8 million.

CryptoWars - the dApp that offers both entertainment and earning

Decentralized finance (Defi) has сaused a mighty furor recently.

DeFi Founder Targeted in $8m Hack Says He Has His Hacker’s IP

The decentralized finance (DeFi) space was rocked last morning by news that Nexus Mutual founder Hugh Karp was hit with a personal attack.

Analyst Says New DeFi Asset Reminds Him of 137,000% Crypto Standout YFI

Analyst and influencer Crypto Messiah is tracking a new crypto asset which he says reminds him of the red-hot performance of decentralized finance (DeFi) darling yearn.finance (YFI).

AAVE and SNX Surge Higher as Coinbase Finally Adds the DeFi Coins

Like many other exchanges, Coinbase has been focusing on decentralized finance (DeFi) over the past few months.

Thief Steals USD 8.2m From Nexus Mutual Founder in a 'Targeted Attack'

There's been another theft in the Cryptoverse - this time a 'personal' one, as attackers have taken more than USD 8.2m from the account of Hugh Karp, the founder of decentralized finance (DeFi) insurance protocol Nexus Mutual.

DeFi to Reach $20 Billion in Total Value Locked by the end of 2020

The decentralized finance (DeFi) industry recently reached over $15 billion in total value locked before dropping back to $14 billion in TVL.

Cosmos and Blockstack hackathons offer glimpse into DeFi’s future

A pair of hackathons from two fast-rising blockchain projects augur more composability, interoperability, and tooling for DeFi On Friday, blockchain projects Cosmos and Blockstack both announced winners of their respective HackAtom V and HackDeFi hackathons, each offering a glimpse into the coming wave of DeFi development — a vision including marked advances in tooling, interoperability, and composability.  While the overwhelming majority of decentralized finance (DeFi) development remains concentrated on Ethereum, where over $16 billion in digital assets are currently locked by various DeFi Protocols, Cosmos and STX are currently the #25 and #59 ranked projects by marketcap and look to be fast risers eager to take a slice of Ethereum’s DeFi pie.

Origin Dollar compensation plan marks progressing maturation of DeFi space

Traders and developers are trending towards greater DeFi depositor protections in unison On Friday, decentralized finance (DeFi) stablecoin project Origin Finance announced a plan to compensate users affected by a $7 million November exploit — part of a wider trend from developers, users, and traders that has seen actors across the DeFi space more widely embrace insurance products and other exploit backstops.  On November 17th, Origin Dollar announced that its yield-bearing stablecoin project had been the victim of a $7 million flash loan attack.

Africa is the future of DeFi, argues Cardano’s Charles Hoskinson

The CEO of Cardano developers IOHK sees a promising path towards DeFi adoption throughout the world's second-most populous continent In one of his frequent Youtube missives to his following, CEO of IOHK — the developers behind the Cardano Blockchain — Charles Hoskinson revealed that the company’s long-term developmental focus will hinge on Africa, going so far as to say the world’s second-most populous continent might be the future for decentralized finance (DeFi) development.  ““When we ask ourselves, ‘who will be the consumers of DeFi who will be in need of identity systems and payment systems and new ways of representing equities’ — will it be the ossified, highly regulated markets of the western world, which are invitation-only […] or will it be the agile and nimble countries of Africa, Southeast Asia, who have no incumbencies and are desperately to compete and thus are open and friendly to retooling and ideas?” “Given that the human capital, physical capital, and economics are all moving in the right direction, it is my belief that Afria will be the most promising economic environment in the next ten years,” Hoskinson concluded. Hoskinson isn’t alone in thinking that the next wave of DeFi’s adoption will begin in Africa.

Ripple Executive Says Flare Bringing DeFi to XRP As Anticipated Airdrop Arrives

One of the original architects of the XRP Ledger says the third-largest cryptocurrency is poised to make its debut in the booming decentralized finance (DeFi) space.

YFI, AAVE, COMP plunge 10% — 3 reasons DeFi is seeing a huge correction

DeFi giants YFI, AAVE, and COMP plummet by over 10% within 20 hours as the market pulls back on Bitcoin and Ether uncertainty. Major decentralized finance (DeFi) tokens Yearn.finance (YFI), AAVE and Compound (COMP) plunged steeply in the last 24 hours.

A professional, active DeFi pool manager - iob.fi DAO

It seems that every week the Decentralized Finance (DeFi) sector is hit by news of a new rug pull.

SEC’s Hester Peirce on DeFi & Crypto: Regulation Will Harm Disenfranchised

One of the biggest stories in crypto and in decentralized finance (DeFi) of the past few weeks is the potential regulation that may affect this space.

Cardano’s First DeFi Project Revealed as Partnership With Bondly Finance Announced

Input Output Hong Kong (IOHK) has just announced a new partnership that would enable the first decentralized finance (DeFi) project on the network.

6 Crypto Assets Are Significantly Outperforming Bitcoin Despite Market Pullback

A handful of decentralized finance (DeFi) assets are outperforming Bitcoin since the crypto market re-awakened this November, even amid the recent price pullback.

Compound (COMP) token outperforms the market as DeFi TVL rises to $14.4B

Crypto prices are down across the board but a surge in DeFi sector growth appears to be pushing Compound’s COMP token higher. The price of COMP, the governance token of the decentralized finance (DeFi) giant Compound, has been surging while the wider crypto market has entered a correction.

Top Crypto Analyst Says New DeFi Tidal Wave Coming, With Five Coins Poised to Rally

A cryptocurrency strategist and trader who accurately predicted the 2018 Bitcoin bear market bottom is expecting a renewed tidal wave in the decentralized finance (DeFi) space led by five crypto assets.

Synthetic assets get real: competition for scalability, new markets heats up

Two new synthetic asset and derivatives platforms look to take a slice of Synthetix’s pie Synthetic assets, one of the most promising use cases for decentralized finance (DeFi), is becoming an increasingly competitive landscape as two new projects aim to bring scalability and new markets to traders.

Top DeFi Coins Maker, Aave, and YFI Correct 10% as ETH Slides

Top decentralized finance (DeFi) coins have undergone a severe correction over the past day.

This Little-Known Crypto Asset Has Surged 1,350% in Less Than a Month – Here’s Why

A newcomer in the decentralized finance (DeFi) space is turning heads after skyrocketing 1,350% in a matter of weeks.