Bunicorn is Using NFT Collectibles to Revolutionize Liquidity Mining Incentives

[Featured Content] Decentralized finance (DeFi) and non-fungible tokens (NFTs) are two sectors of the crypto economy that have recorded massive growth over the last year.

Coin98 gains 1,200% after Binance listing, Ampleforth soars on Aave integration

C98 rallied 1,200% from its ICO price shortly after listing on Binance and AMPL shot higher after the project integrated with AAVE. Few things in the cryptocurrency space generate more hype than a new token listing because the prospect of finding a rare 1000x coin continues to be a top goal of many crypto investors. Coin98 (C98) is the most recent example of this phenomenon after the Binance Smart Chain-based decentralized finance (DeFi) solution rallied 1,200% from its initial coin offering price at $0.075 to $0.928 on its first day being listed on exchanges.

It's Time to Build Ethereum Beyond DeFi and Price Focus - Vitalik Buterin

Vitalik Buterin. Source: A video screenshot, Youtube/Grand Amphi Théatre Ethereum (ETH) is more than decentralized finance (DeFi) and the focus on price, argued its co-founder Vitalik Buterin.

3AC-backed DeFi protocol Tranchess launched to track Bitcoin performance

Tranchess is live on the Binance SmartChain with a Bitcoin tracking token and yield farming options for investors. Three Arrows Capital CEO Su Zhu has announced the launch of decentralized finance (DeFi) protocol Tranchess.Tweeting on Thursday, Zhu described Tranchess as a “Tokenized Asset Management and Derivatives Trading” protocol.While the project aims to become a multi-chain and multi-asset DeFi protocol, with designs on becoming a decentralized autonomous organization, the first iteration of Tranchess focuses on Bitcoin (BTC).Tranchess 1.0 offers access to a BTC price performance tracker on a correlated basis.

Japanese Regulator Likely to Create New DeFi, NFT & CBDC Regulations

Japan’s top financial regulator, the Financial Services Agency (FSA), could be set to introduce new laws to police decentralized finance (DeFi)-related projects operating in the nation – with non-fungible tokens (NFTs) also potentially in the firing line. The FSA issued an official announcement stating that it would launch a “study group” that would look

Grayscale Investments Launches Defi Fund — Now Offers 15 Crypto Investment Products

Grayscale Investments has launched a decentralized finance (defi) fund.

Crypto Giant Grayscale Launches DeFi Fund – Here Are the 10 Altcoin Picks

Crypto investment giant Grayscale has launched a new Decentralized Finance (DeFi) Fund in partnership with CoinDesk Indexes.

Tech Mogul Jack Dorsey Unveils Plans To Build Decentralized Finance Services on Bitcoin

Square CEO and tech mogul Jack Dorsey says that the payments company is establishing a new business that aims to create decentralized finance (DeFi) services focused on Bitcoin.

Grayscale sets sights on institutional DeFi fund

Grayscale Investments is set to float a fund targeting blue-chip assets in the decentralized finance space. Michael Sonnenshein, CEO of digital asset management giant Grayscale, has announced a new investment vehicle for the firm targeted at decentralized finance (DeFi) assets.Sonnenshein announced Grayscale’s planned DeFi Fund and Index during an appearance on CNBC’s Squawk Box.

Billionaire Mark Cuban Accumulating New Crypto Asset – Here’s the Latest on His Ethereum Wallet

Billionaire entrepreneur Mark Cuban is accumulating a new decentralized finance (DeFi) asset.

Square Targets Bitcoin DeFi Business

Jack Dorsey. Source: a video screenshot, Youtube/Ted Twitter CEO Jack Dorsey-led US-based payments company Square doubled down on its Bitcoin (BTC) strategy with decentralized finance (DeFi)-related plans. "Square is creating a new business (joining Seller, Cash App, & Tidal) focused on building an open developer platform with the sole goal of making it easy to create non-custodial,

Analyst highlights 3 macro metrics that clearly show DeFi sector growth

Taking a bird’s-eye-view of the DeFi sector shows that even though asset prices are down, the ecosystem continues to rapidly expand. Decentralized finance (DeFi) has been one of the hardest-hit sectors since Bitcoin (BTC) price corrected from its all-time high in early May and this can be seen by the decline in the total value locked (TVL) on all protocols. According to data from DeFi Llama, the total value locked in decentralized finance platforms dropped from $154 billion and currently sits at $108.7 billion.Total value locked on all DeFi protocols.

Australian digital finance industry wants to legally recognize DAOs

A new legal initiative in Australia wants to allow DAO project governors to contract with other legal entities through DeFi tools. Specialists and lawyers focused on decentralized finance (DeFi) are launching an initiative to create a new type of legal entity in Australia representing decentralized autonomous organizations (DAOs).The country's Digital Law Association and global law firm Herbert Smith Freehills are lobbying an Australian Senate committee to formally recognize new decentralized models for corporate governance.

PrivacySwap: Multiple BSC-Based Yield Farming Opportunities

[Featured Content] It goes without a shred of doubt that the past year and a half have been outstanding for the field of decentralized finance (DeFi).

What Is This Uniswap Governance Drama About?

The Uniswap logo. Major decentralized exchange (DEX) Uniswap (UNI) has been swept into a controversial story since yesterday, as a decentralized finance (DeFi) education-focused fund abruptly sold off half of the assets allocated to it by Uniswap governance - raising a number of questions on decentralization, Uniswap's governance, transparency, and project accountability. On July

10X User Growth in Sight by 2022 for Emerging Crypto Sector, Says Venture Capital Head

Successful crypto-focused venture capitalist Arthur Cheong is making some bullish predictions for Ethereum and the decentralized finance (DeFi) sector for the rest of 2021.

Ethereum and Uniswap Tank Despite Optimism News

Decentralized finance (DeFi) startup Optimism has launched the long-awaited Alpha layer-two (L2) solution for major decentralized exchange (DEX) Uniswap (UNI) through the Optimistic Ethereum (OΞ) mainnet.

Blockchain Groups From Major Universities Are Powerful Voters in Defi Governance Protocols

Data shows a number of groups from major universities are participating in decentralized finance (defi) governance.

Immunefi partners with Binance Smart Chain on bug bounties to secure BSC projects

Binance is set to match bug bounties paid by Immunefi to white hat hackers that discover vulnerabilities in Binance Smart Chain projects. Immunefi, a security service outfit that specialized in decentralized finance (DeFi) projects, has inked a collaboration with crypto exchange giant Binance.According to a release issued on Friday, Immunefi will work in collaboration with Binance to improve the security of projects on the Binance chain.

Yield App Launches DeFi Bitcoin Fund, Gives Users up to 12% APY

PRESS RELEASE. ESTONIA — JULY 8, 2021 — YIELD App, the decentralized finance (DeFi) wealth management platform bridging traditional and digital finance, is pleased to announce the launch of its Bitcoin Fund, allowing users to earn high-interest returns on the world’s biggest cryptocurrency, Bitcoin (BTC).

DeFi Investing Platform Zerion Raises $8.2M in Series A Funding Led by Mosaic Ventures

San Francisco -based Decentralized finance (DeFi) investing app -Zerion announced to complete a Series A funding with a total value of $8.2 million Wednesday.

Top Trader Flips Bullish on Two Altcoins, Says One Crypto Sector Is Showing Strength

Popular crypto trader and analyst Cantering Clark believes two altcoins may be ready to take off while one sector of the markets shows signs of strength.  While Bitcoin moves mostly sideways, the pseudonymous trader tells his 60,200 followers that he closed a short position on Synthetix (SNX) as the decentralized finance (DeFi) sector is starting […] The post Top Trader Flips Bullish on Two Altcoins, Says One Crypto Sector Is Showing Strength appeared first on The Daily Hodl.

Goldman Sachs: Ethereum's popularity could see ETH become dominant store of value

Goldman Sachs says the popularity of Ethereum's smart contracts means it could overtake Bitcoin as the number one crypto by market cap soon. Goldman Sachs said in a note to clients on Tuesday that the blockchain with the highest "real use potential" is Ethereum, suggesting its ETH could become the dominant digital store of value.As such, Goldman predicts the total market capitalization of ether (ETH) could overtake the total market cap for Bitcoin (BTC) in the coming years, according to a report in Business Insider. "[Ether] currently looks like the cryptocurrency with the highest real use potential as Ethereum, the platform on which it is the native digital currency, is the most popular development platform for smart contract applications."Smart contracts comprise software enabling the automated execution of digital contracts, with the technology having facilitated the boom in decentralized finance (DeFi) protocols and crypto-powered decentralized applications (DApps).The analysts noted that Bitcoin's first mover advantage had given it the stronger brand, however the believe it lacks some of the use cases of Ether and lags in transaction speeds.

Sygnum becomes first bank in the world to offer Eth2 staking

Sygnum emphasized the robust DeFi ecosystem being built on Ethereum. Crypto-focussed Swiss bank, Sygnum Bank, has announced it has become the first bank in the world to allow its clients to stake Ether.According to the July 6 blog post, the firm’s clients can now stake ETH through Sygnum’s institutional banking platform to earn yields of up to seven percent annually.Sygnum describes itself as the “world’s first digital asset bank,” having secured a banking licence in Switzerland and a capital markets services license in Singapore during August 2019 and October 2019 respectively.The firm asserts that “the vast majority of decentralized products and services run on Ethereum,” noting the DeFi sector’s Total Value Locked (TVL) has grown by more than three times since the start of 2021:“With Ethereum powering the exponential growth of decentralized finance (DeFi) applications, staking is a compelling choice for long-term Ethereum investors also seeking attractive yields.”Thomas Eichenberger, Sygnum’s head of business units, described Ethereum staking as “a core element for digital asset portfolios.”Sygnum launched a staking service for Tezos (XTZ) in November 2020, and has offered a fixed term deposit product for its Digital Swiss Franc stablecoin, DCHF, since March.The bank faces competition from many crypto-native staking providers and centralized exchanges, including leading US firms Coinbase and Kraken.The digital asset bank is also looking to support DeFi assets, launching regulated banking services for eight leading tokens including UNI, MKR, and CRV last month.According to Staking Rewards, Eth2 is currently the second-largest Proof-of-Stake network by staked capitalization with $13.5 billion, despite only 5% of circulating Ether currently having been locked for staking.Cardano (ADA) has the largest staked capitalization with $31.8 billion and 70.7% of supply currently locked.

Striking a chord: DeFi’s domino effect on NFTs and Web 3.0 adoption

The increased demand for transparency and open-source solutions creates a domino effect that will result in total Web 3.0 adoption. Decentralized finance (DeFi) has shined a spotlight on a fairer internet since early 2020, and we’re on the brink of something world-changing.

Cointelegraph Consulting: The race between Uniswap DEXs

Despite the launch of Uniswap v3 decentralized exchange with its capital efficiency increase, Uniswap v2 is not out of the race yet. As one of the most eagerly anticipated rollouts of the decentralized finance (DeFi) sector, Uniswap v3 went live on May 5.

The rise of oracles: Institutional investors need trusted crypto market data

It is crypto (economic) market data and various economic models that enable us to make sense of the emerging and messy crypto markets. In this article, I intend to discuss the importance of market data, decentralized finance (DeFi) econometrics and applied DeFi research on crypto (and digital) assets as a corollary to financial econometrics and applied research.

Aave price hits 3-week high as ‘Aave Pro’ debuts for institutional lending

Aave’s gains also coincide with a sharp upside momentum across the cryptocurrency market. Aave hovered near its three-week high on Tuesday, helped by the prospects of its foray into the mainstream through the launch of an institutional lending platform.FundamentalsDubbed as Aave Pro, the platform expects to become a “permissioned liquidity protocol” by offering institutions, corporates and fintech clients access to decentralized finance (DeFi).

Synthetix Up 26%, Leading Double-Digit Gains for DeFi Tokens

Decentralized finance (DeFi) tokens are seeing significant gains compared to the rest of the cryptocurrency market, led by Synthetix (SNX).

3 reasons why Enzyme Finance (MLN) is up 92% in a week

Enzyme price doubles in a week after major exchange listings and big-name DeFi partnerships lead to a 2,000% increase in 24-hour trading volume. Decentralized finance (DeFi) has emerged as one of the most promising real-world applications of blockchain technology, capable of reshaping the face of the global financial markets and transforming the way the average person manages their money. One DeFi focused project that has been gaining attention over the past week as the mainstream world slowly opens itself to the possibilities of DeFi is Enzyme Finance (MLN), a protocol focused on on-chain asset management that allows users to “build and scale vaults based on the investment strategies of their choice,” according to the projects website.

Child’s play: Gajesh Naik, 13, manages a fortune in DeFi

At 13, it is hard to believe that anyone can understand the potential and responsibility and danger of holding private keys to half a million dollars while living life as a normal seventh-grader in India.What makes the case of Gajesh Naik, the 13-year-old decentralized finance (DeFi) wunderkind from Goa, so unique is that while he can design a DeFi protocol able to accept $1 million of investors money, he is too young to sign a legal contract or be held liable for any loss.

Ergo: A DeFi-Based Multi-Layer One Solutions Marks its Milestones in ErgoVersary

[PRESS RELEASE – Please Read Disclaimer] With increasing activities in decentralized finance (DeFi) and blockchain space, the last year has been buzzing.

Ergo: A new layer DeFi solution celebrates two years of its Mainnet launch

The past year has been buzzing with increasing activities in decentralized finance (DeFi) and the blockchain ecosystem as a whole.

Glitch Finance set to Launch its Testnet on June 30

Financial systems are facing a massive overhaul with decentralized finance (DeFi) applications at the forefront of this revamp.

Ergo: A New Layer DeFi Solution Celebrates Two Years of Mainnet Launch

Disclaimer: The text below is a press release that was not written by Cryptonews.com. The past year has been buzzing with increasing activities in decentralized finance (DeFi) and the blockchain ecosystem as a whole.

Polygon-Based Defi Stablecoin Safedollar Plunges to Zero — Team Is Investigating Exploit

The algorithmic decentralized finance (defi) stablecoin safedollar (SDO) has been attacked, according to statements published on its Telegram channel.

Crypto Investment Giant Pantera Eyes This New DeFi Project

Major crypto investment firm Pantera Capital unveils that it is expanding its decentralized finance (DeFi) portfolio.

Altcoin Roundup: Stablecoin pools could be the next frontier for DeFi

The days of 4,000% APY on DeFi liquidity pools could soon be replaced by safer, lower-yielding stablecoin-denominated pools. In times like these, when the entire cryptocurrency market is down and there is nary a sector-wide runup to be found, traders have to dig into data to see how the market dynamics may have changed to pinpoint signs of new growth. Stablecoins are the newest trend to emerge in the decentralized finance (DeFi) arena due to the resiliency they bring to the sector, especially since protocols that are more reliant on the dollar-pegged assets continue to offer token holders low-risk yield opportunities in turbulent market conditions.

How the Yield Farm Space is Changing

George Harrap is a veteran crypto entrepreneur currently serving as the co-founder of Step Finance, a Solana-focused portfolio management dashboard, and Head of DeFi at YAP Global, a PR agency specializing in crypto, blockchain, and fintech. ___ Yield farming on decentralized finance (DeFi) protocols is evolving quickly as it overcomes teething problems.

Glassnode Spotlights 7 Crypto Projects, Says Wave of Innovation Underway Despite Market Downturn

Even as the crypto markets experience prolonged turbulence, the decentralized finance (DeFi) space appears to be alive and growing.

The radical need for updating blockchain security protocols

More profound security practices will encourage wider trust in DeFi and create a culture around security that will advance the industry. Decentralized finance (DeFi) is here to stay with over $100 billion in total value locked (TVL), highlighting the evidence of faith in these new financial tools.

Sushi to Launch Full Product Suite on Harmony

Since deploying natively on Harmony’s blockchain in May, Sushi is now deepening its collaboration with Harmony after revealing plans to bring its full decentralized finance (defi) product stack onto the blockchain with accompanying incentives designed to drive greater participation.

New report suggests Ethereum holders, DeFi helping ETH from crashing below $1.7K

Total value locked across decentralized finance-enabled smart contracts has dipped 35% from its peak. The drop in the price of Ether (ETH) is failing to shake out the long-term holders, while the decentralized finance (DeFi) sector is also providing opportunities for investors. So suggests a new Glassnode report that noted many long-term Ether holders (>155 days) are sitting atop profits despite ETH/USD’s 55% decline from its peak level above $4,300. In

Family Office and High-Net-Worth Investments in Blockchain and Cryptocurrencies To Be Hosted Online on July 6th, 2021

DC Finance has announced their upcoming event and invites everybody to their next Tech Family Office Conference, which will be dedicated to the world of blockchain, cryptocurrencies, non-fungible tokens (NFT) and decentralized finance (DeFi) – as well as the investment opportunities and risks involved.

'Crypto Bank Run' Shows Mark Cuban That DYOR Comes Before Regulation

Mark Cuban. Source: a video screenshot, Youtube, The Filmy Amid the algorithmic stablecoin debate prompted by what decentralized finance (DeFi) protocol Iron Finance called "the world’s first large-scale crypto bank run," many in the Cryptoverse came down quite hard on Dallas Mavericks owner Mark Cuban for his call for stablecoin regulation - arguing that he should've done due

DeFi focused: Grayscale exploring 13 more crypto assets for its trusts

Grayscale has added 13 new cryptocurrencies to its list of assets under consideration, again exhibiting significant interest in DeFi. Institutional asset manager Grayscale has announced 13 more crypto assets are currently under consideration for its suite of crypto investment trust products.Revealed on June 18, the prospective assets mainly represent the decentralized finance (DeFi) sector, including 1inch, Bancor, Curve, Kava, Kyber Network, Loopring, Polygon, Ren, Universal Market Access, and 0x.The native tokens of high-speed scalable blockchain networks Solana, Near, and Dfinity have also been added to Grayscale’s list of considered cryptocurrencies.We’re always exploring new assets that can help us grow our family of investment products.

Mark Cuban Hit by Iron Finance Token Crash, Calls for Defi Regulation

Billionaire investor and Shark Tank star Mark Cuban has called for cryptocurrency regulation focusing on decentralized finance (defi) and stablecoins after a token he invested in collapsed from $64 to near zero.

Billionaire Mark Cuban Commends Defi Economy Dubbing It the ‘Next Great Growth Engine’

On June 13, the billionaire investor and co-host of the television series Shark Tank, Mark Cuban, explained his fascination with decentralized finance (defi) in an editorial published to his blog.

Cross-Chain Decentralized Exchange MDEX With a Well-Rounded Ecosystem

[Featured Content] The sector of decentralized finance (DeFi) is undoubtedly one of the hottest topics in the past couple of years.

Solanax: Fastest decentralized exchange built on Solana blockchain

Decentralized finance (DeFi) has only been here since 2020 yet it’s already shaking the financial world.

AAVE, MATIC, and DeFi projects: Why 'banks should be scared'

Decentralized finance (DeFi) has seen a surging interest unlike amid the chaos of 2020.

DeFi Yield Farming is Brilliant Says Legendary Investor Mark Cuban

American billionaire entrepreneur and television personality Mark Cuban has been extolling the virtues of decentralized finance (DeFi) and yield farming on his personal blog.

Increase yield earning opportunities with Bunicorn

Over the last year, the high-performance Binance Smart Chain has rapidly overtaken Ethereum as the leading platform for decentralized finance (DeFi) applications.

DeFi Has Had a Strong 2021, Driven By New Trends & Paradigms

The decentralized finance (DeFi) sector had a massive 2020, and while non-fungible tokens (NFTs) and the crypto bull market may have overshadowed it so far in 2021, its performance this year has been at least as strong.

Ripple Proposes Massive XRP Ledger Upgrade To Support DeFi and Smart Contract Capabilities

Ripple is proposing a major XRP ledger upgrade that the company says could unleash decentralized finance (DeFi) and smart contracts across the broader XRP ecosystem without decreasing XRPL’s efficiency.

Financial Giant State Street Launches Digital Finance Division – Unit’s Focus Aimed at Crypto and Defi

On Thursday, the Boston-based financial services and bank holding company State Street Corporation announced the launch of a division dedicated to cryptocurrencies, the digital economy, and decentralized finance (defi).

Fears of Shady Financial Market Prompt CFTC Commissioner’s Calls for DeFi Crackdown

A commissioner of the Commodity Futures Trading Commission is calling for a crackdown on decentralized finance (DeFi) platforms.

Yearn.Finance in Miami: Developer talks new vaults, products, and verticals

Layer-2, DEX liquidity pool position vaults, and insurance is on the horizon for the rapidly-expanding team. Two sweltering blocks from the gated entrance of Bitcoin Miami I managed to track down a core contributor for one of the most important projects in decentralized finance (DeFi).

NFT as Collateral Coming to Aave - CEO

Source: a screenshot, Instagram/aave.aave Non-fungible tokens (NFTs) are spreading through the decentralized finance (DeFi) world and all its nooks and crannies - and they might be soon used as collateral on the major decentralized liquidity protocol Aave (AAVE).

Defi Economy Is Recovering Faster Than Most Crypto Assets After Market Rout

Decentralized finance (defi) exchanges and tokens are recovering a lot faster than a great number of digital assets that lost more than 40% in value last week.

New DeFi ‘passport’ could enable under-collateralized crypto loans

Arcx has launched a new version of its “DeFi Passport,” Sapphire, promising the pseudonymous on-chain credit check will enable new decentralized finance products. Decentralized finance (DeFi) protocol Arcx has announced the launch of Sapphire v3, a DeFi passport allowing crypto users to pseudonymously build and verify their reputation on-chain.Announced June 2, the DeFi passport will score users on a scale between 0 and 1,000, with Arcx advancing that the passport “incentivizes reputation-building and curates on-chain identity into DeFi.”In the absence of a DeFi passport, Arcx asserts that “protocols are left to treat every user the same, occasionally giving preferential consideration to wallet size, institutional backing, or restrictive KYC.”Arcx expects its passport will be integrated onto many DeFi protocols, predicting Sapphire will allow projects to offer “low-collateral loans and high-yield farms” targeting users with high credit scores.

Analyst says Bitcoin could see ‘a smaller drawdown and a quicker bottom'

Bitcoin bulls fell short of flipping the $38,000 level to support, and one analyst said on-chain data signals that BTC could see “a smaller drawdown.” The cryptocurrency faithful got a reprieve from recent market struggles thanks to a rally in decentralized finance (DeFi) tokens and Dogecoin (DOGE) on June 2.

0x launches DEX liquidity API on Polygon

Polygon’s decentralized finance footprint continues to grow, with 0x releasing a version of its decentralized exchange liquidity aggregator API on the “Ethereum scaler.” 0x has released a Polygon version API for its decentralized exchange (DEX) liquidity aggregator, opening up the 0x API tool to the expanding Polygon market.The DEX liquidity bridge service announced the move via a release issued on Monday, marking another milestone for the burgeoning decentralized finance (DeFi) scene on Polygon.According to the announcement, the 0x API on Polygon features major Ethereum-based DEX liquidity channels like SushiSwap, Dfyn and Curve, as well as Dodo, mStable, QuickSwap and Cometh.Detailing the ease of using the 0x API on Polygon, the announcement reads:“Developers are able to access the open source 0x API and accompanying documentation to start building on Polygon instantly.

Can Binance Smart Chain and Solana Overtake Ethereum? Crypto Heavyweights Analyze the Future of DeFi

Two heavyweights of the crypto industry are contemplating whether Binance Smart Chain (BSC) and Solana (SOL) have the ability to overtake Ethereum as the leader in the decentralized finance (DeFi) space.

Ripple Hiring in Push To Bring XRP Ledger to Central Banks and DeFi

Ripple is headhunting for a recruit who can take charge of its efforts to bring the XRP ledger to central banks and to the emerging world of decentralized finance (DeFi).

US-Sanctioned Actors Use Crypto in New Ways to Evade Restrictions - Report

Sanctioned actors and jurisdictions worldwide are finding new ways to use cryptoassets to evade restrictions and continue their illicit activities, per a recent report by blockchain analytics firm Elliptic. Some of the ways this is accomplished is using privacy coins, coinswap services, privacy wallets, decentralized exchanges (DEXes) and decentralized finance (DeFi)

Analyst Believes Capital Flocks to Ethereum’s DeFi Sector

Market analyst Lark Davis noted that big money flow was piling in Ethereum’s decentralized finance (DeFi) sector, and that's bullish.

Analyst says DeFi and stablecoins held up well as crypto markets imploded

DeFi showed tremendous strength during last week’s sell-off as DEX activity and stablecoin stability prove the sector may be ready for mass adoption. The decentralized finance (DeFi) sector faced its first real challenge during last week’s market sell-off that saw more than $1 trillion wiped from the global cryptocurrency market cap as traders feverishly ran for the safety of stablecoins amid tumbling prices. Despite rapidly declining token prices, the nascent DeFi sector held its own as decentralized exchanges experienced a record $11.7 billion in trading volume on May 19.

DeFi Spectacular Returns Unsustainable In Long-Term - Research

Decentralized finance (DeFi) is undergoing rapid evolution, but speculative demand bubbles that generated spectacular returns over short periods will be unsustainable in the long-term, according to a recent paper. "[DeFi] remains immature, with a variety of unresolved economic, technical, operational, and public policy issues that will be important to

Flash Loan Attacks Drain 2 Binance Smart Chain Defi Projects for $6 Million

There have been two back-to-back flash loan attacks in a short period of time stemming from two unique Binance Smart Chain decentralized finance (defi) projects.

From Fractionalized NFTs to Private Equity – How Convergence is Democratizing Investment

Decentralized finance (DeFi), tokenization and non-fungible tokens (NFTs) are gaining momentum as sub-sectors that could transform the traditional financial system.

PwC Report Shows that Crypto Hedge Funds Have Increasing Appetite for DeFi

A study shows that the assets under management (AuM) managed by cryptocurrency hedge funds have increased from $2 billion in 2019 to nearly $3.8 billion in 2020, showing that an increasing preference for decentralized finance (DeFi).

These Four Crypto Assets Gearing Up for New All-Time Highs, Says Top Analyst

Seasoned crypto trader and analyst Smart Contracter is calling for new all-time highs (ATH) in four crypto assets in the nascent decentralized finance (DeFi) space.

Defi Economy Lost $20 Billion This Week, Decentralized Exchange Volumes Still Sky High

While crypto markets, in general, have been dropping significantly in value, the decentralized finance (defi) economy has shaved more than $21 billion during the last week.

SoftBank Is Making Multiple Crypto Moves this Month

The Japanese tech incubator giant SoftBank has had an active May so far, making a series of low-key investments in a number of crypto, non-fungible token (NFT) and decentralized finance (DeFi) projects. In a recent report, the Japanese media outlet Coin Post charted SoftBank’s investment movements in the crypto sphere over the past few weeks – and it appears the

Celo rallies 50% as excitement builds for the upcoming 'Donut' hardfork

CELO price gained 50% ahead of the network’s May 19 'Donut’ hardfork which will help increase interoperability and lower gas fees. Decentralized finance (DeFi) has emerged as a transformational force for not just the cryptocurrency market, but for financial markets in general in 2021 thanks to the ease of access and security offered by blockchain-based protocols which operate on smart contracts.One project that is looking to take the simplicity of DeFi to the next level is Celo (CELO), an open blockchain ecosystem that makes financial tools accessible to anyone with a mobile phone. Data from Cointelegraph Markets Pro and TradingView shows that the price of CELO rallied 50% from a low of $4.29 late on May 16 to an intraday high at $6.70 on May 18 on the back of a 740% surge in 24-hour trading volume. CELO/USDT 4-hour chart.

This Crypto Subsector Coming for Banks and Fintech, Says Chainlink Founder Sergey Nazarov

The CEO of Chainlink Labs Sergey Nazarov is saying the nascent decentralized finance (DeFi) space could emerge as a primary competitor of banks and financial technology (fintech) firms.

These Five Emerging Crypto Assets Are Heating Up, Says Trader Michaël van de Poppe

Closely-followed crypto analyst Michaël van de Poppe is naming five altcoins within the decentralized finance (DeFi) space that he thinks have the potential to print massive gains.

DeFi growth helps push crypto’s share of the global money supply above 2%

The cryptocurrency market now accounts for 2% of the global money supply as DeFi and stablecoin growth point to steady increases in adoption. This year decentralized finance (DeFi) has proven to be a transformative sector for the cryptocurrency ecosystem and it is also making waves in among global financial markets as institutional investors become entranced with the potential to earn high yields on stablecoins, altcoins and Bitcoin. While the price action from Dogecoin (DOGE) has dominated the headlines in recent weeks, Delphi Digital has been chronicling the growth of the DeFi ecosystem on the Ethereum (ETH) network which has steadily been gaining strength over the past month.

Ciphertrace Report Shows Crypto Crime Moving to Defi

Ciphertrace, a blockchain analytics company, has announced that crypto-related crimes have moved to the realm of decentralized finance (defi) apps and protocols.

Alpha Homora defies market slump, bolsters TVL and token price on v2 relaunch

The leveraged yield farming protocol looks to put multiple missteps in the past with a successful relaunch. After a rocky first quarter, decentralized finance (DeFi) platform Alpha Homora announced the relaunch of its v2 leveraged yield farming program today — and so far both traders and users are celebrating as both total value locked (TVL) and ALPHA token prices soar. The version 2 of the platform, which allows for leverage up to 7x on popular yield farming positions on protocols such as Sushi, Curve, and Balancer, notably had to shut down to new positions after a devastating hack in February.

Ethereum 'Casino' Whales Dive Into DeFi - Analyst

The crypto market is hot right now, and rocketing coin prices are raising the stakes for new whale investors who are aiming to get a piece of decentralized finance (DeFi) by buying ethereum (ETH), according to blockchain analytics firm Chainalysis.

DOTOracle – Rendering Decentralized Solutions to Polkadot and its Ecosystem

With a jump of more than 350% in its price this year, Ethereum has outperformed major cryptocurrencies, bolstered by the rise of decentralized finance (DeFi) protocols, like liquidity aggregators and decentralized exchanges.

Rise of YFI & Woofy May Be a Bellwether for Rotation From Ethereum To DeFi

The rise of Yearn Finance's governance token YFI could be a bellwether for another decentralized finance (DeFi) season, according to market players. A discussion is currently being led on whether "soonish, money is likely to flow down the [ethereum] risk curve back into DeFi," as BlockTower Capital founder Ari Paul opined.

DeFi Startup Votes To Fully Reimburse Hack Victims With $26,000,000 Allocation

Decentralized finance (DeFi) startup Rari Capital has voted to allocate roughly $26 million in reimbursements following a hack that cost them 2,600 ETH, or about $10 million.

Today is the best time to join the ImpulseVen decentralized finance revolution  

Decentralized finance (DeFi) is one of the greatest innovations in finance.

DeFi Startup Rari Capital Reveals Details Behind Hack That Cost $10 Million in Losses

Decentralized finance (DeFi) startup Rari Capital is revealing the details behind the attack that cost 2,600 ETH, or roughly $10 million in losses.

Yield Farming Aggregator Don-Key Gears Up for an IDO On SuperStarter

One of the promising decentralized finance (DeFi) platforms, Don-key, has raised fresh capital for expanding its product lineup.

1Inch price hits a new high as the top DEX aggregator vies for DeFi dominance

A series of protocol upgrades and new liquidity integrations prove that 1INCH is aiming to increase its DeFi and DEX aggregator market share. As the decentralized finance (DeFi) ecosystem evolves and expands to encompass the whole of the cryptocurrency sector, the race to become the top decentralized exchange (DEX) aggregator is heating up as new entrants to the field seem to emerge on a weekly basis.  One of the top DEX aggregators that has recently seen its price reach a new record high is 1Inch (1INCH), a protocol which offers “access to the most liquidity, lowest slippage and best exchange rates across Ethereum and Binance Smart Chain” according to the projet’s website.

How DeFi Is Disrupting Our Financial Ecosystem – For Good

The cumulative sum of capital invested in decentralized finance (DeFi) applications and protocols has surpassed the $64 billion mark.

MUNCH Project reaches $1 Million milestone in charitable donations

MUNCH is a Decentralized Finance (DeFi) project which has raised over $1 million USD, in ETH, in just 14 days since its launch.

Democratizing Defi Data- Dechart DAO Launches Version 1.0 Trading Platform

On May 6, 2021, the total locked value (TVL) held by decentralized finance (defi) is more than $77 billion.

Watch These Two DeFi Trends This Quarter, Says ConsenSys

A rising number of decentralized autonomous organizations (DAOs) winning high-profile non-fungible token (NFT) auctions and an increasing dominance of flashbots on the Ethereum (ETH) network are some of the trends that could gain strength in the second quarter of 2021, according to a recent decentralized finance (DeFi) report by ETH-focused blockchain company ConsenSys.

WAVES price swells to new all-time highs, nearing $4B market cap

Real-world adoption and a growing DeFi ecosystem help lift the price of WAVES to a new all-time high. Real-world adoption and the ability to service the needs of a wide range of industries are key qualities to have for blockchain projects that seek long-term viability in an increasingly crowded and evolving landscape.  One cryptocurrency project from 2016 that has seen its price breakout to new highs in May is Waves (WAVES), a multi-faceted blockchain protocol that has seen significant growth in 2021 thanks to recent strides in decentralized finance (DeFi), nonfungible tokens (NFT) and real-world adoption.

Peer-to-Peer Internet ThreeFold Goes Multichain to Accelerate Token Accessibility

PRESS RELEASE. Peer-to-peer internet ThreeFold integrates with several popular blockchain ecosystems in an effort to increase adoption for the world’s largest such network 29th April 2021, Dubai, United Arab Emirates – ThreeFold plans to integrate its peer-to-peer internet platform with three of the leading blockchain ecosystems in the decentralized finance (DeFi) space; Binance Smart Chain […]

P2P Internet ThreeFold goes Multichain to accelerate token accessibility

ThreeFold plans to integrate its peer-to-peer internet platform with three of the leading blockchain ecosystems in the decentralized finance (DeFi) space - Binance Smart Chain (BSC), Ethereum, and Huo The post P2P Internet ThreeFold goes Multichain to accelerate token accessibility appeared first on AMBCrypto.

Inverse Finance acquires Tonic Finance in possible first-ever DeFi protocol merger

Will Inverse set a precedent for protocols acquiring protocols? In a possible decentralized finance (DeFi) first, Inverse Finance’s governance has approved today a proposal to buyout Tonic Finance in a $1.6 million-dollar deal that will bring Tonic under Inverse’s umbrella.  First floated after “weeks of negotiation” in early April, members of the Inverse Finance DAO began voting yesterday on a proposal to acquire Tonic and hire its solo developer, Tony Snark.

AllianceBlock to Offer DeFi Bridge to London Stock Exchange Group Clients by Q4

A new bridge between the traditional finance industry (TradFi) and decentralized finance (DeFi) might be available to London Stock Exchange Group (LSEG)'s institutional clients by the end of this year, according to Rachid Ajaja, Founder and CEO of AllianceBlock, the creator for the bridge and developer of the globally compliant decentralized capital market. He estimates to

BSC-Based Uranium Finance Attacked, Millions on the Move

Decentralized finance (DeFi) project on Binance Smart Chain (BSC), Uranium Finance, reported that it has suffered a security breach - with millions of dollars in ethereum (ETH) on the move and laundered through a popular privacy tool. "Uranium migration has been exploited, the following address has 50m in it," tweeted the project today.

Proposed Tax Hike Could Be Massively Bullish for DeFi and Crypto, According to Messari CEO Ryan Selkis

The CEO of crypto intelligence firm Messari says that the Biden administration’s proposed tax hike on capital gains could be bullish for crypto and the decentralized finance (DeFi) space.