One-Man DeFi Developer Quits Citing ‘Hostile Community’
The DeFi developer has abandoned ship within six weeks of launching iEarn Go to Source Powered by WPeMatico
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DeFi Leader MarkerDAO Partners With Simplex to Create a Dai Fiat On-Ramp
MakerDAO, a major player in the DeFi space, has partnered with payment processor Simplex to facilitate card purchases of its decentralized stablecoin Dai Go to Source Powered by WPeMatico
Huobi Open-Source DeFi Blockchain Now Live for Public Beta Testing
The public testnet of Huobi’s decentralized finance blockchain is now live Go to Source Powered by WPeMatico
The Billion Dollar milestone has been hit for Ethereum’s DeFi – what’s next?
On 6 February 2020, the total value locked into Ethereum’s decentralized finance apps crossed $1 billion for the first time. This marked a major milestone for Ethereum, as the blockchain is still shy of 5 years old. So, the billion dollar milestone has been hit for Ethereum’s DeFi – what’s next? Ethereum is evolving … Read more
DeFi Can Now Choose to Run Trustless Zero-Knowledge Proofs
Supersonic is a trustless zero-knowledge proof system that provides a new solution for DeFi platforms Go to Source Powered by WPeMatico
Celsius Doubled Its Total Paid Crypto Loan Interest Since November
Crypto lending platform Celsius continues to grow its user base, and has doubled its total paid interest since late last year Go to Source Powered by WPeMatico
Sectors Realizing the Full Potential of DeFi Protocols In 2020
DeFi, a monetary system built on blockchain, is booming right now. With over $1 billion locked in DeFi applications, here are some sectors that are poised for success in 2020 Go to Source Powered by WPeMatico
Understanding Defi Flash Loans: Complex Attacks, Inflation and Composable Systems
Two recent flash loans on the defi platform Bzx have started a fierce debate about the subject of using uncollateralized loans in a quick trade. Essentially these flash loans are providing people with the ability to borrow crypto without relinquishing any collateral. The scheme was used to exploit funds from the Bzx platform twice, as … Read more
Are the BZx Flash Loan Attacks Signaling the End of DeFi?
Recent attacks on the lending platform bZx have left faith in DeFi shattered, but what actually happened? And can the sector bounce back? Go to Source Powered by WPeMatico
Defi for Bitcoin: Collateral Peg Platform Provides Noncustodial BTC Lending on Ethereum
During the second week of February, a new project called tBTC was unveiled that is similar to the Wrapped Bitcoin (WBTC) created with the Ethereum network. However, the tBTC effort claims to be a noncustodial application that allows users to deposit BTC, mint tBTC, and lend it with interest. Also Read: Market Update: Bitcoin Halving … Read more