Tim Draper Backed DeFi Project DMM Up 2X Despite Issue-Plagued Sale
Defi platform DMM, backed by Tim Draper, has successfully completed its IDO despite users reporting a myriad of issues. Go to Source Powered by WPeMatico
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Beam to Make Its First Move Towards Private DeFi With June 2020 Hard Fork
Beam updates details on its June 28 hard fork, laying out foundations for the firm’s future DeFi offering. Go to Source Powered by WPeMatico
DeFi-Nitely A Bubble? Seller Blamed as COMP Crashes 45% on Coinbase
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
DeFi Boom: Balancer Echoes Compound With 235% Spike on First Day
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
Surge in Stablecoin and DeFi Growth Bring Ethereum Fees to 2-Year High
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
Bancor’s Bug Exposes Dangerously Common Practice in Ethereum DeFi
Many DeFi smart contracts can withdraw unlimited amounts of money from user wallets, potentially spelling disaster. Go to Source Powered by WPeMatico
Let’s Not Make a New ICO Bubble Out of DeFi, Says Waves CEO
Waves founder Sasha Ivanov warns that decentralized finance’s surge might have negative consequences. Go to Source Powered by WPeMatico
3 Reasons Why DeFi Tokens Are Outperforming Bitcoin Price
DeFi-based tokens are posting double digits gains and outperforming Bitcoin but can the rally continue? Go to Source Powered by WPeMatico
Compound Reward ‘Farming’ Results in Six-Fold Increase of Lending Activity
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
Compound Dethrones MakerDAO as the Leading DeFi Platform
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