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Introduction of Panther Whitepaper for DeFi Users
17.6.2021
Public blockchains lack innate privacy, making all transactions publicly viewable. Although it is not necessarily a bad trait, many users actively seek privacy solutions. Panther Protocol, a project focused on DeFi privacy and interoperability, details how it will achieve this goal in...
Bitdao Collects $230 Million in Private Capital From Investors
17.6.2021
As the decentralized finance movement proves its staying power and resilience, one of the world’s largest decentralized autonomous organizations, Bitdao, has concluded a private fundraising round to promote mass adoption of open finance. DAO to Allocate Capital Towards Improving Defi...
Alchemix patches ‘Reverse Rug’ exploit, address $6.5 million shortfall
17.6.2021
In an unusual twist for the latest DeFi exploit, the users were the ones to walk away in profit
Kyber expands to Polygon, announces $30M ‘Rainmaker’ liquidity mining program
16.6.2021
The Kyber Network is set to float a $30 million liquidity mining program on both Ethereum and Polygon pools
New DAO launches after $230M funding round including Peter Thiel, Alan Howard
16.6.2021
A new decentralized autonomous organization, BitDAO, announced its launch with a $230 million private sale and major contributions from Singapore-based Bybit
Reef Finance Partners With Multi-Chain Oddz Finance
16.6.2021
The deceleration of Oddz’s partnership with Reef Finance is overwhelming as it is the first operating system of cross-chain DeFi, allowing business with fluidity from Decentralized and Centralized Exchange with profit engine and smart aggregator. The feature of Substrate Framework has been...
Defi Derivatives Exchange Dydx Raises $65 Million – Project Plans to ‘Launch a Mobile Application’
16.6.2021
The decentralized exchange (dex) Dydx announced the organization has raised $65 million in a Series C funding round led by Paradigm. The Dydx announcement notes that the additional capital will be leveraged to “significantly improve liquidity” on the dex platform “through...
Billionaire Mark Cuban Commends Defi Economy Dubbing It the ‘Next Great Growth Engine’
15.6.2021
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. Cuban details that many defi organizations are different because they are not corporate entities...
As Yearn.Finance’s yield vaults grow, ‘crop’ projects define boundaries
15.6.2021
Alchemix and Yearn.Finance appear to be squaring off with Curve and PoolTogether, but for now there appear to be harmonious solutions
DeFi exchange dYdX raises $65M in Series C fundraiser
15.6.2021
The dYdX platform allows users to trade perpetual contracts with exposure to various crypto markets. It claims to have built the fastest decentralized exchange through layer-two solutions
Genpad Integrates With BSC to Provide More Flexibility
15.6.2021
Genpad made the most exciting announcement of integration with Binance Smart Chain to become the foremost launch pad of PreIDO projects. Launched in April 2019 by Binance, Binance Smart Chain is a Blockchain-based platform for the development of decentralized applications. The BSC is compatible...
B.Protocol announces v2 platform for DeFi liquidations
15.6.2021
B.Protocol says v2 will optimize liquidations of “big debt” with significantly smaller capital requirements on decentralized finance lending platforms
Vulnerabilities Identified on DeFi Project Safemoon by HashEx
15.6.2021
Blockchain audit and consulting firm HashEx issued a report claiming that it had been able to detect a total of twelve vulnerabilities — representing varying degrees of severity — in SafeMoon’s (SAFEMOON) smart contract architecture. As a result, the firm claims that the digital asset holdings...
DeFi Component Ampleforth Unites With Meter Passport
15.6.2021
The Meter.io ecosystem, in order to strengthen its peculiarities, embraces the capabilities of Ampleforth (AMPL). This modish consolidation to enhance Meter’s capabilities will render admittance to the multi-chain approach of AMPL (a potent DeFi curator for blockchain networks). The DeFi firm...
TeraBlock Joins UniFarm’s Cohort 12 Selection As A Top DeFi Project
15.6.2021
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
Numerous cryptocurrency projects attempt to combine multiple innovative technologies into more appealing products and services. TeraBlock, a provider...
DeFi Projects Continue Flocking to Layer 2 Solution Polygon
15.6.2021
Polygon’s cheaper transaction costs and faster block time have driven increased adoption by a number of major projects
Human Protocol Expands hCaptcha Tool, Launches Wallet to Make AI Smarter
15.6.2021
“Proof-of-HUMANity” could also thwart front-running DeFi bots
Algorand (ALGO) price strengthens as institutional investors back the project
15.6.2021
Backing from institutional investors and a series of new partnerships could help ALGO break from its current range in the coming week
Is DeFi technology easy enough to adapt to non-finance industries?
14.6.2021
DeFi gets a bad rap for being complex, technology makes it simple enough to cut out middlemen in non-finance industries ranging from energy to e-commerce
Solanax: Redefining the DeFi Sector
14.6.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
The DeFi sector has undergone somewhat of a boom over the last years. The advancement in blockchain technology and a global distrust of the traditional banking system, has meant that the Decentralized Finance...