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SEC claims first enforcement action in $30M fraud case involving DeFi project
6.8.2021
"The labeling of the offering as decentralized and the securities as governance tokens did not hinder us from ensuring that DeFi Money Market was immediately shut down and that investors were paid back," said the SEC
The Importance of Incubators and Launchpads for DeFi Projects
28.7.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
The past two years have been phenomenal for Decentralized Finance (DeFi). Starting off with about 794 million USD in April 2020, the DeFi market grew by 6,575% in a year, reaching 55.43 billion USD....
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...
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...
Pomp sparks debate: Has Bitcoin DeFi project Sovryn really overtaken Uniswap v3 by TVL?
10.6.2021
Analysts are arguing whether the RSK-based Bitcoin money market, Sovryn, has a TVL of $52 million ... or $2 billion
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...
Defi Project Rari Capital Hacked for $10M in Ether, Project’s Pool Drained for 2,600 ETH
9.5.2021
Reports from the decentralized finance project Rari Capital detail that the protocol’s ethereum pool has experienced a recent exploit. Rari Capital says they are assessing the situation and the team removed funds from the recent Alpha Finance Lab integration. At first, the project’s...
MUNCH Project Reaches $1 Million Milestone in Charitable Donations
7.5.2021
PRESS RELEASE. DeFi project Munch has raised over $1 million USD in two weeks, to aid community-chosen global causes in developing nations, through non-profit organization GiveWell. May 7th, 2021, London, UK — MUNCH is a Decentralized Finance (DeFi) project which has raised over $1 million...
The Best NFT & DeFi Project Token Sale, TimeCoin(TMCN)
26.4.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
The best opportunity to invest in TimeCoin(TMCN) to realize both capital and income gain.
The Special Token Sale of TimeCoin (TMCN) was launched on February 15th, 2021, with a 93% discount on the token's current...
TrustSwap and Yield Launch a New FlashDrop Program to Incentivize Smaller Stakers
22.4.2021
TrustSwap — a DeFi project offering a wide range of different services — recently announced the launch of a new program that was created to provide an incentive for smaller stakers. The program, known as the FlashDrop program, will essentially reward up to 3,000 users that have staked...
Alameda Research invests $4M in Vietnamese DeFi project
6.4.2021
The DeFi market continues to heat up, with Alameda Research identifying Southeast Asia as a potential growth hub
Bitcoin miners back hash rate derivative DeFi project on BSC
19.3.2021
Standard Hashrate is launching TAU, an algorithmic asset protocol backed by Bitcoin hash rate
Galileo Exchange Presents the GLT Token and Introduces ‘Zero Edge’ Trading
5.3.2021
Galileo Exchange is an innovative ‘hybrid’ trading platform built with elements of a crypto exchange, a DeFi project, and a gaming platform. It combines these essential elements to bring trustworthiness, innovation, value and entertainment. Among the most interesting features...
Defi on Bitcoin Cash Gets a Boost- Smart Money Startup General Protocols Raises $3 Million from Investors
1.3.2021
On March 1, the startup General Protocols announced the company has raised $3 million in a Series A financing round led by a number of strategic investors. General Protocols is the firm behind the Anyhedge protocol, the first decentralized finance (defi) project built on the Bitcoin Cash network....
Anonymous DeFi Project Core Announces New Token Project
12.2.2021
Core, an anonymous and hyped DeFi project, has announced Delta, a new product and token. Core says this will “close the gap” between options trading and spot markets by “using a combination of liquidity standards to deploy an on-chain options layer with scalability in mind.”...
DeFi Project ArmorFi Awards $1.5M Bounty for Bug Alert That Potentially Saved Its Reserves
5.2.2021
ArmorFi's CTO has also offered to get a tattoo chosen by the ethical hacker who found the bug
xSigma Announces Its ETF-Like Decentralized Fund and Platform
19.1.2021
PRESS RELEASE. ZK International Group Co., Ltd. (Nasdaq: ZKIN) (“ZKIN“, “ZK International” or the “Company”), a designer, engineer, manufacturer, and supplier of patented high-performance stainless steel and carbon steel pipe products primarily used for water...
xSigma DeFi Offers Lucrative Rewards for Liquidity Providers, Whitepaper Released
13.1.2021
xSigma is an upcoming stablecoin DEX protocol developed by the first DeFi project backed by a NASDAQ-listed company. In order to attract liquidity providers to supply their stablecoins to the decentralized exchange, the protocol will feature a lucrative rewards system for liquidity mining....
Emerging DeFi Platform YFDAI Finance Launches SafeSwap and Launchpad, More Products to Follow
11.1.2021
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. These products include SafeSwap – a DEX (decentralized exchange) platform for the YFDAI...
First DeFi project on Cardano shifts over from Polkadot
11.12.2020
Bondly will transition its cryptocurrency, OTC platform BSwap, and e-commerce platform BONDProtect over to Cardano from Polkadot