Cointelegraph Consulting: DeFi hit by a tsunami of liquidations in May
The DeFi space crashed along with the rest of the market on May 19, but the liquidations mechanisms passed the biggest stress test. Go to Source Powered by WPeMatico
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Yearn.Finance in Miami: Developer talks new vaults, products, and verticals
Layer-2, DEX liquidity pool position vaults, and insurance is on the horizon for the rapidly-expanding team. Go to Source Powered by WPeMatico
Floyd Mayweather Gets Booed at Bitcoin Event for Saying ‘Another Crypto Will Be Just as Big as BTC’
The undefeated professional boxer Floyd ‘Money’ Mayweather recently spoke at the Bitcoin 2021 conference in Miami and was booed while speaking on stage. Mayweather’s speech wasn’t appreciated by members of the crowd because he didn’t discuss bitcoin much and toward the end, Mayweather said he believes another crypto will be “just as large as bitcoin … Read more
Altcoin Roundup: Post-crash prices give investors a chance to build a diversified portfolio
Looking to build a diversified crypto portfolio? DeFi, stablecoins and oracles are three cornerstone sectors to consider. Go to Source Powered by WPeMatico
Ethereum options data shows traders’ mixed opinions on ETH’s future
Data shows traders are buying $400 protective puts while also holding $7,000 call options, a signal that traders either have mixed emotions or are just cashing in on the upfront premium. Go to Source Powered by WPeMatico
BSC’s Impossible Finance raises $7M for multi-chain DeFi incubator
DeFi protocol Impossible Finance is building a multi-chain incubator to expand out from BSC. Go to Source Powered by WPeMatico
Curve (CRV) sees 150% rebound as DeFi bottoms and ETH gas fees drop
Falling Ethereum gas fees, the launch of Convex Finance and the DeFi sector reaching a potential bottom back CRV’s impressive 150% rally since May 23. Go to Source Powered by WPeMatico
Data Shows BSC Dapps Lost $167 Million Last Month From Flash Loan Attacks
Binance Smart Chain (BSC) decentralized applications (dapps) have been hit with a number of flash loan attacks in recent weeks. According to collected data by Rekt, during the last 30 days BSC has lost a total of $167 million from these flash loan exploits. Flash Loan Hackers Prey on Binance Smart Chain Dapps – $167 … Read more
Defi Economy Is Recovering Faster Than Most Crypto Assets After Market Rout
Decentralized finance (defi) exchanges and tokens are recovering a lot faster than a great number of digital assets that lost more than 40% in value last week. Defi tokens like curve, kyber network, terra, hxro, and more have been seeing double-digit gains. On May 23, the defi economy’s aggregate total-value locked (TVL) dropped to a … Read more
ConsenSys throws its weight behind Uniswap DeFi lobbying proposal
The controversial proposal is gaining the support of the big players. Go to Source Powered by WPeMatico