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DeFi-Nitely A Bubble? Seller Blamed as COMP Crashes 45% on Coinbase

June 24, 2020 by DIGIT

A frenetic day of trading on Coinbase Pro saw unusual activity from what seems to be an early investor in Compound, which briefly hit $427. Go to Source Powered by WPeMatico

Categories altcoin, Coinbase, defi

DeFi Boom: Balancer Echoes Compound With 235% Spike on First Day

June 24, 2020 by DIGIT

DeFi tokens like LEND — the price of which has increased by 3900% since 2019 — rallied further this week, some to new all-time highs. Go to Source Powered by WPeMatico

Categories business, defi, Ren, swissborg

Surge in Stablecoin and DeFi Growth Bring Ethereum Fees to 2-Year High

June 24, 2020 by DIGIT

Fees for Ethereum transactions are at an all-time high but what does this mean for the network and ETH price? Go to Source Powered by WPeMatico

Categories defi, Ethereum, Market Analysis, Markets

Bancor’s Bug Exposes Dangerously Common Practice in Ethereum DeFi

June 23, 2020 by DIGIT

Many DeFi smart contracts can withdraw unlimited amounts of money from user wallets, potentially spelling disaster. Go to Source Powered by WPeMatico

Categories defi, Ethereum, hacks, Security, Wallet

Let’s Not Make a New ICO Bubble Out of DeFi, Says Waves CEO

June 23, 2020 by DIGIT

Waves founder Sasha Ivanov warns that decentralized finance’s surge might have negative consequences. Go to Source Powered by WPeMatico

Categories business, defi, ICO, Waves

3 Reasons Why DeFi Tokens Are Outperforming Bitcoin Price

June 22, 2020 by DIGIT

DeFi-based tokens are posting double digits gains and outperforming Bitcoin but can the rally continue? Go to Source Powered by WPeMatico

Categories Bancor, Bitcoin, Bitcoin Price, defi, Ethereum, Market Analysis, Markets

Compound Reward ‘Farming’ Results in Six-Fold Increase of Lending Activity

June 22, 2020 by DIGIT

Compound’s controversial COMP reward scheme triggered a gold rush of yield arbitrage, sending its assets under management and price to new heights. Go to Source Powered by WPeMatico

Categories business, Coinbase, defi

Compound Dethrones MakerDAO as the Leading DeFi Platform

June 21, 2020 by DIGIT

Its total value locked increased by over $500 million in the span of several days. Moreover, it seems as if money is being pulled out of MakerDAO. Go to Source Powered by WPeMatico

Categories Compound, Crypto, defi, Ethereum, makerdao

Ethereum 2.0 Likely to Affect DeFi and DApps With PoS Introduction

June 20, 2020 by DIGIT

The first stage of Ethereum 2.0 is almost here, but how will the DApp and DeFi space adapt to this change? Go to Source Powered by WPeMatico

Categories DApps, defi, Ethereum, PoS, Sharding, staking

Australia’s DeFi Boom: Growing Excitement as New Projects Launch

June 19, 2020 by DIGIT

Australia is experiencing a DeFi boom, with leading derivatives project Synthetix joined by buzzy newcomers Thorchain, Ren and mSTABLE. Go to Source Powered by WPeMatico

Categories business, defi
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Stay updated with the latest trends and expert analyses in cryptocurrency on Digit Info, your go-to site for auto-bookmarked crypto news and insights from top sites

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  • bitcoinBitcoin(BTC)$67,888.000.08%
  • ethereumEthereum(ETH)$1,971.620.52%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$1.42-0.57%
  • binancecoinBNB(BNB)$619.00-1.33%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$84.870.49%
  • tronTRON(TRX)$0.2876181.07%
  • dogecoinDogecoin(DOGE)$0.097084-2.91%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.051.02%
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  • bitcoinBitcoin(BTC)$67,888.000.08%
  • ethereumEthereum(ETH)$1,971.620.52%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$1.42-0.57%
  • binancecoinBNB(BNB)$619.00-1.33%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$84.870.49%
  • tronTRON(TRX)$0.2876181.07%
  • dogecoinDogecoin(DOGE)$0.097084-2.91%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.051.02%