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Sign of ‘Retail Frenzy’ as DeFi Token Sale Gets Oversubscribed 46 Times
16.7.2020
A new initial exchange offering (IEO) on crypto exchange Gate.io has recently raised eyebrows in the crypto community with a sale that got reportedly oversubscribed a whopping 45 times.
The token in question is the Meter Governance Token (MTRG) from a project known as Meter, which describes itself...
Yield Farming ‘Frenzy’ Didn’t Boost DeFi User Numbers
16.7.2020
A new report has found that so-called “yield farming” has taken the decentralized finance (DeFi) scene “by storm” of late – but has failed to bring large amounts of new people to the DeFi table, and has done little to help the “DeFi community grow beyond its current borders.”
These were...
Ethereum's Buterin Calls DeFi-powered Yield Farming ‘Unsustainable’
14.7.2020
Ethereum (ETH) Co-founder Vitalik Buterin said he has a bit of “love and hate” for the influx of decentralized finance (DeFi) apps that have been built on the network of late – although he labeled them “valuable and essential” to the blockchain's community.
Speaking in an interview with Ryan Sean...
DeFi ‘Incident’ on Uniswap Brings Trader Massive Profit in Minutes
14.7.2020
A recently discovered ‘incident’ on the popular decentralized token swap platform Uniswap has sparked a discussion online, as some claim that an algorithm drove up the price of the bZx protocol’s BZRX token and then “dumped” it on retail users.
The discussion today first started after Roman Storm...
Value Locked In DeFi to More Than Double in 2020 - Spartan Capital’s Koh
13.7.2020
Despite already seeing huge growth this year, some investors believe the decentralized finance (DeFi) space has much more room to grow before the party is over, and that total value locked could still more than double in the next six months.
The latest prediction for the future of the DeFi market...
Blockchain Bites: COMP x2, Reddit Scales and Factom Goes Bankrupt
19.6.2020
The COMP governance token is seeing massive gains and potential listings on Coinbase Pro and CoinFlip, while Reddit looks to scale its Ethereum-based project
Blockchain Bites: The Government Won’t ‘Kill DeFi’ but FATF Might Compromise Anonymity
14.5.2020
Consensus: Distributed saw discussions over the constitutionality of FATF's Travel Rule and why regulators want DeFi in the U.S