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1inch integrates with Mercuryo, enabling fiat onramp to DeFi
27.5.2021
1inch Wallet users can now purchase DeFi assets through Mercuryo’s fiat onramp gateway
CanCan Now an Open Source Platform
27.5.2021
The decentralized platform, CanCan, is known for offering video-sharing social media networking services that enable users to share and stream video content directly from the Web. A sample dApp was developed by the DFINITY Foundation for the demonstration of the Internet Computer’s abilities....
Analyst says DeFi and stablecoins held up well as crypto markets imploded
27.5.2021
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
TechX acquires crypto-to-fiat gateway Mobilum for $13.2M
26.5.2021
Under the terms of the agreement, TechX will acquire a 100% stake in the digital wallet and payments technology company
Yam Community Now Offers Web3Notif to Users
26.5.2021
The DeFi sector keeps getting new updates as the latest news comes from the side of globally-renowned YAM Finance. The community-owned DAO now offers push notifications to users, helping them stay updated with every development. YAM Finance recently announced that they would be integrating EPNS...
DeFi and traditional finance could converge thanks to tokenization
26.5.2021
It won’t be easy to bring DeFi to be on par with traditional finance, but tokenization can help it along, says Liquefy’s CEO
DeFi Spectacular Returns Unsustainable In Long-Term - Research
25.5.2021
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...
AllianceBlock to Launch LMaaS on May 27
25.5.2021
The DeFi sector is constantly receiving new upgrades, and the latest one is coming from AllianceBlock’s side. The decentralized market is launching its new liquidity mining product, LMaaS. The product is expected to bring down the barriers restricting entry in the DeFi sector. Despite being...
Flash Loan Attacks Drain 2 Binance Smart Chain Defi Projects for $6 Million
25.5.2021
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. Last Wednesday, the yield-farming platform Pancakebunny lost close to $3 million in a flash loan attack according to reports....
Cointelegraph Consulting: DeFi projects launch on Polygon, usage skyrockets
24.5.2021
Strolling through the numbers of the Aave and 1inch versions on Polygon as the network gains its momentum
DeFi Yield Protocol (DYP) Launches Decentralized Tools Dashboard
24.5.2021
Yield Farming protocol DYP has launched its long-awaited DYP Tools. DYP Tools V1 is a decentralized tools dashboard built with features that will increase the use cases for DYP Token and the entire DeFi ecosystem. The tool dashboard serves as a liquidity locker for any DeFi project and protects...
Total crypto market cap gains $400B as DeFi tokens lead the recovery
24.5.2021
Bitcoin’s move back to $38,000 triggered strong relief rallies in DeFi tokens and a handful of altcoins
NFTs Are Shaking Up the DeFi Sphere
24.5.2021
NFT, an enormous alliance between the art and cryptocurrency ecosystem that is redefining the concept of ownership in the digital age. The Non-Fungible Token is a unit of data stored on a digital ledger, called a blockchain, that certifies a digital asset to be unique and therefore...
DeFi Is Preferred Choice Among Crypto Hedge Funds
24.5.2021
New research jointly conducted by the alternative investment Management Association (AIMA) and PwC has revealed that crypto hedge funds show a growing appetite for the decentralized finance (DeFi). Funds worth $3.8 billion were managed by the category of Crypto Hedge Funds in 2020, while in 2019...
‘Reiterated FUD’ – Chinese Government to Continue Monitoring Bitcoin Mining Sector
21.5.2021
A recent report from the Chinese government’s financial committee has reiterated the country’s stance on bitcoin mining and that it would continue to monitor the sector closely. The report follows a recent article from Reuters published three days ago, which also reiterates...
CryptoRefills and Avalanche to Widen DeFi Capabilities
21.5.2021
Using the blockchain technology of Avalanche, CryptoRefills has rolled out support for the payment services for its users. This partnership has enabled users to transact for real-world products and services by utilizing the cost efficiencies of Avalanche’s blockchain technology. Avalanche is...
Promising Integrations Join the Polkadot Ecosystem
21.5.2021
As Polkadot’s vision of a decentralized web advances, the integrations of KILT Protocol and the fintech platform Current are adding new utility layers across the blockchain’s ecosystem, helping tear down the existing barriers between Web 2.0 and 3.0. Value-Driven Integrations...
DeFi Akin Network, Canary, by Reef Finance Launches This May
21.5.2021
The highly anticipated Decentralized Finance (DeFi) led blockchain network by Reef Finance has finally given a release date for their new Mainnet crypto field, ‘Canary.’ The operations of this latest blockchain property administered by Reef Finance will launch on May 28, 2021....
Multi-Chain Structured DeFi Protocol raises 2.1M USD Private Funding
21.5.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Skyrim Finance is building the first multi-chain structured decentralized financial marketplace following a successful funding with close-knit investor support.
Multi-Chain Structured Finance Protocol Skyrim...
Pancake Bunny Suffers Attack; Estimated Losses of $1 Billion
20.5.2021
Pancake Bunny, a decentralized finance protocol from the house of Binance, has suffered an attack. The platform has been exploited in an attack related to its flash loan, and initial estimates pegged the total loss to be around $1 billion. As a result of this attack, the price of the BUNNY token...