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Nalezeno "what is DeFi": 9940

SEBA Floats Proposal to Become Whitelister for Arc

23.12.2021
In an important development, SEBA has come out with the governance proposal requesting to become a whitelister for the institutional lending platform of Aave, the Arc. If the request is approved by the Arc, SEBA will get the role of onboarding the users of the lending platform by fully monitoring...

Mom Starts Crypto Consulting Firm, Makes up to USD 80K per Month

22.12.2021
  Brenda Gentry, a 46-year-old mom of two, began to invest in cryptoassets during the early stage of the coronavirus pandemic. Last October, she decided to quit her job as a mortgage underwriter and focus on crypto full-time, building a successful consultancy that Gentry says brings her a hefty...

Polkadot Concludes Five Parachain Auctions

22.12.2021
Polkadot recently concluded its first parachain auctions round, and the winners have started producing blocks. The development has initiated Polkadot’s sharded ecosystem, offering specialized computation and smart contracts functionality.  In addition, the development will help developers to start...

Fei-Rari Union Approved, Marking One the Largest DAO Mergers in DeFi History

22.12.2021
  A vote to merge Rari Capital, an open interest rate protocol that allows the creation of permissionless lending pools, and Fei Protocol, issuer on the native algorithmic stablecoin FEI, was approved on Tuesday at Ethereum (ETH) block height 13850929. Looking at the total value locked (TVL)...

Santa Hackathon? Visor Finance Marks 7th Hack in December

22.12.2021
  Liquidity management decentralized finance (DeFi) protocol Visor Finance is the latest victim of a DeFi hack, with the protocol estimated to have lost USD 8.2m worth of digital assets - and becoming the 7th crypto establishment to get exploited in the last month of the year.... Read More: Santa...

Terra Protocol Surpasses Binance Smart Chain in Terms of Value Locked in Defi

22.12.2021
The total value locked (TVL) in decentralized finance (defi) has rebounded in fiat value after suffering some losses last week. Statistics indicate that the $248 billion TVL in defi has increased 3.46% during the last 24 hours and the blockchain Terra has overtaken the Binance Smart Chain in terms...

Yearn.Finance Token Jumps as Team Promises ‘Aggressive Buybacks’

21.12.2021
  YFI, the governance token issued by the decentralized finance (DeFi) protocol Yearn.Finance, has seen its price almost double in a week following the announcement of a completed token buyback worth some USD 7.5m. The buyback, which Yearn.Finance said made up 0.77% of the total supply of...

Solana Gaming Project DeFi Land to Announce Public Testing on Dec 22

21.12.2021
DeFi Land, one of the leading agriculture-simulation games, reached first place at Solana’s Hackathon in the summer and is encouraging GameFi fans to test the platform. DeFi Land will be available for public testing on the 22nd of December at 4 p.m. UTC, following a six-week period...

Fantom DeFi Project Loses $30M to a Security Breach

21.12.2021
Fantom-based Grim Finance recently faced a security breach, losing 30 million dollars to a hacker. The unidentified hacker exploited a reentrancy bug in Grim Finance’s smart contracts. As soon as the news of the attack came out, the network’s TVL dipped to 4.2 million dollars from 98.9...

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