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The cryptocurrency economy slid significantly on Thursday afternoon (ET), as the aggregate market cap of all the crypto coins shaved more than 10% during yesterday’s trading sessions. More than 12 hours later, a number of the top crypto assets are still down in value between 4-12%, and some digital coins saw even bigger losses during … Read more
Political parties on the blockchain could soon become a reality for the DeFi space. Go to Source Powered by WPeMatico
The Chinese government is supporting a new global DeFi association. Go to Source Powered by WPeMatico
Crypto exchange giant Binance makes another move into DeFi with new token swapping liquidity platform Go to Source Powered by WPeMatico
‘DeFi yields and interest rates are clearly a vacuum sucking in a lot of stablecoins,’ says Coin Metrics’ Nic Carter. Go to Source Powered by WPeMatico
Bitcoin has crashed below $10,000 for the first time in seven weeks. Go to Source Powered by WPeMatico
On September 3, 2020, the well known Yearn Finance defi project “paused” the popular ethereum liquidity vault (yETH) service, after locking in a significant $139 million. Yearn’s vault feature launched on Wednesday, and saw $100 million deposited on the first day. The vault hype has also caused the Maker DAO project to make a governance … Read more
Yearn.finance’s yETH vault took in $140 million in ETH over 48 hours, signalling that automated investing may be the next DeFi frontier. Go to Source Powered by WPeMatico
Is DeFi a mousetrap for retail investors? Go to Source Powered by WPeMatico
A robust cryptocurrency bull market is in the making, a Weiss Crypto Ratings analyst explained. Citing central banks’ “reckless money printing policies” and “the explosion in Defi innovation,” he sees long-term fundamentals favoring cryptocurrencies despite some short-term selloffs. Robust Bull Market in the Making Weiss Crypto Ratings’ Juan Villaverde explained last week that long-term fundamentals … Read more