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Defi Protocol Harvest Finance Hacked for $24 Million, Attacker Returns $2.5 Million
26.10.2020
Decentralized finance (defi protocol) Harvest Finance was hacked on Monday for $24 million. The attacker targeted the protocol’s liquidity pools, performing an arbitrage attack using a large flash loan – a type of uncollatarized loan – but later returned $2.5 million. In seven...
With COMP Below $100, a Look Back at the ‘DeFi Summer’ It Sparked
20.10.2020
Compound's governance token, COMP, fell below $100 early Tuesday. The DeFi token kicked off the yield farming craze way back in June
DiFy.Finance (YFIII) Is an In-Development Software Fork of Yearn.Finance (YFI)
16.10.2020
DiFy.Finance, like YFI, the platform it is based on, is an environment of decentralized finance (DeFi) lending aggregators: it allows users to provide liquidity for the ecosystem by parking their cryptocurrency tokens in a smart contract vault and earning interest in return. By the virtue of...
Centralized Exchange Operators Believe Low Liquidity on DEX Platforms Stops User Migration
14.10.2020
Centralized cryptocurrency exchanges (CEX) operators say they are unfazed by the increasing trading volumes on decentralized exchanges (DEX) because the latter’s liquidity is still too insignificant to cause user mass migration. The majority of CEX operators also insist that it is very...
Q3 Crypto Volumes up by $155 Billion as Defi Hype Drives DEX Growth by 197%
11.10.2020
The latest data from Coingecko shows that the combined trading volumes of cryptocurrency exchanges went up by $155 billion between July and September, from $175.7 billion to $330.6 billion. The new total volume represents a 88% increase which Coingecko attributes to the decentralized finance (defi)...
Defi Market Cap Drops 25.1% in One Day: Proponents Say Tokens Self Correcting
10.10.2020
The latest data from Santiment shows that the collective market capitalization of all defi-related assets dropped by 25.1% on October 7, while daily trading volumes went down 30.2%. The data also shows popular defi tokens like Sushi took heavy knocks after dropping by 50.9% during the week. Also...
Experts weigh in: Is DeFi dead or is it still the future of finance?
8.10.2020
The current DeFi ecosystem's trajectory is reminiscent of the ICO boom
New Non-Custodial Crypto Exchange ‘Brings Bitfinex Liquidity to EOS’
7.10.2020
Eosfinex has launched a beta version of its mainnet, saying it brings liquidity from the Bitfinex cryptocurrency exchange to the EOS community
Bitcoin options open interest sets new high sparked by rising liquidity
4.10.2020
Bitcoin options open interest hits an all-time high as increased liquidity points to investors still being bullish on BTC
SushiSwap’s liquidity grab actually made Uniswap stronger — Data shows
1.10.2020
New data shows that one month after SushiSwap’s vampire mining attack Uniswap is the real beneficiary
DeFi ‘Vampire’ SushiSwap Still Hemorrhaging Liquidity
30.9.2020
Uniswap challenger SushiSwap is continue to lose vital liquidity, with total value locked falling by 8% in the past 24 hours
bitFlyer Links Japanese, European Platforms to ‘Boost Bitcoin Liquidity’
30.9.2020
Japanese market-leading crypto exchange bitFlyer said it has linked its bitFlyer Europe operations with its domestic platform – allowing European traders to access bitcoin (BTC)-Japanese yen trading pairs in what it said is a “world-first.”
“It’s cross-border trading,” tweeted bitFlyer CEO Yuzo...
Cross-chain money markets, latest attempt to bring liquidity to DeFi
25.9.2020
Cross-chain money markets hope to drive liquidity to DeFi for top-performing assets, but will the concept catch on?
XSwap Started Yield Farming, The Highest APY Reaches 70,000%
21.9.2020
XSwap, a main products of Xfinance ecosystem, has launched Uniswap LP token liquidity mining. This is a fair version, 100% distributed to the community, with No team shares, No Pre-mine. Governed by the Xfinance community. In just a few hours, the funds in the pool are above to 5000ETH. The highest...
Firstderivative Yield Farming Project Is Now Live With x10 Bonus
19.9.2020
The latest trends at the cryptocurrency market are largely characterized by DeFi gaining more momentum and the upcoming launch of ETH 2.0 staking algorithm. As both DeFi and staking markets keep growing swiftly, their synergy also strengthens, leading to an increased superposition and consequently...
This DeFi Group Wants to Bring Maturity to the Yield Farming Craze
18.9.2020
The Chicago DeFi Alliance, launched in April 2020, is now poised to help members profit from yield farming and the liquidity mining craze
Inflation Hit Ethiopia Demonetizes Currency To Curb Cash Hoarding
17.9.2020
The Ethiopian government has unveiled a new set of banknotes that are expected to help authorities in curbing cash hoarding, illegal trade and illicit financial flows. The move is also aimed at boosting the liquidity of banks that are struggling to cope with Ethiopia’s cash-based economy....
Macroeconomic Trends Boost Bitcoin and Gold, US Dollar Index Shows Bearish Double-Top
15.9.2020
According to a number of reports and commentary from financial analysts, the world is “drowning in U.S. dollars” after the Federal Reserve decided to pump billions of dollars into the hands of 14 central banks via liquidity swaps. Moreover, recent technical analysis shows...
Defi Boom: Bubble Fears Grow as ‘Toxic’ Community Disagrees on Way Forward
15.9.2020
The decentralized finance (defi) space is headed for an implosion unless the divided community leaders step forward with solutions. This is discernible from September 13 Sunday morning tweets by some influential players in the defi space wherein they attack each other. Waves blockchain creator...
Uniswap Takes Lead Over SushiSwap Less Than 24 Hours After SUSHI Rewards Drop
13.9.2020
Shortly after SushiSwap's block rewards fell from 1,000 SUSHI tokens to 100, total value locked has fallen behind rival Uniswap