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Nalezeno "Defi News": 1368

Another Two Binance Smart Chain Projects Suffer Flash Loan Attacks


Source: Instagram, Binance And yet another two projects on Binance Smart Chain (BSC) suffered incidents, in the form of more flash loan attacks - and this time it's Burger Swap (BURGER) and JulSwap (JULD). BSC, ran by the crypto exchange giant Binance, may be getting more popular among...

Equalizer Collaborates With Chainlink Price Feeds


Equalizer, the foremost marketplace for flash loans in the DeFi market, is all set to incorporate Chainlink Price Feeds into the protocols of Binance and Ethereum Smart Chains. By integrating the decentralized Oracle network of  Chainlink, Equalizer shall gain access to tamper-proof...

CanCan Now an Open Source Platform


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....

Yam Community Now Offers Web3Notif to Users


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 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...

AllianceBlock to Launch LMaaS on May 27


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...

DeFi Is Preferred Choice Among Crypto Hedge Funds


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...

DeFi Akin Network, Canary, by Reef Finance Launches This May


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....

Pancake Bunny Suffers Attack; Estimated Losses of $1 Billion


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...

Two More Binance Smart Chain Projects Report Incidents, Prices Plummet


Source: a screenshot, Instagram/binance Binance Smart Chain (BSC), ran by the crypto exchange giant Binance, has landed in hot water due to the incidents suffered by its projects - yet again. Yesterday it was Venus Protocol (XVS), and today Pancake Bunny (BUNNY). Venus is a project built...

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...

Crypto Products – a Norm for US Financial Firms; DeFi Grows


While the cryptocurrency market is facing a tough period, it is not losing at all. Recently, a leading derivative marketplace announced Micro Bitcoin futures, helping the crypto sector showcase its relevance. The platform will help investors avoid high costs to improve their crypto investment...

LavaSwap’s Upgraded Economic Model is Here


LavaSwap is coming up with its new economic model by upgrading its DEX platform. In addition, the platform is planning to introduce the line of strategic investors helping to change the mining problem and other issues that will maximize the benefits of LAVA. LAVA is an interoperable decentralized...

Harmony Joins Hands with Knit Finance


Making an important announcement in the field of decentralized finance (DeFi), Harmony has revealed that it has signed a pact with Knit Finance to enhance the adoption potential of the segment further. Knit Finance is a trusted name in the field of DeFi platforms, and its specialization lies...

YooShi Launches MEME DeFi Token


The fair launched and community-driven MEME token recently launched by YooShi seems to be both entertaining and profitable. The launch has been unique because it was 100% fair with no presale and no allocation of teams, and therefore no one owns a contract key of the MEME token. If you are hearing...

Greenidge Goes Carbon-Neutral, DeFi Crime Is Picking Up + More News


Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Mining news The owner of the vertically integrated Bitcoin (BTC) mining and power generation facility in Upstate New York, Greenidge Generation...

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. According to the latest analysis by Philip...

UniLend Joins Hands with Genesis Shards to Expand Liquidity


Hailed as a powerful blockchain-infused network leveraging a combination of spot trading and money market services, UniLend Finance has entered into a strong partnership with Genesis Shards, a popular DeFi solution. The integration will facilitate the pre-IDO projects on Genesis Shards to gain...

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,"...

The Progress of Alchemix with Chainlink


The protocol of self-paying loans of Alchemix Finance that operates on the Ethereum Blockchain is finally being integrated with the ever-popular Chainlink Price Feeds. The integration is mostly concerned with the mainnet employment of the DAI/USD Chainlink Price Feeds, but this time there will...

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