Major correction for DeFi as Bitcoin rejected again above $40K: What’s next?
The DeFi market has corrected hard as Bitcoin dropped below $40,000, but analysts say a recovery is likely. Go to Source Powered by WPeMatico
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DeFi tokens lead the market higher as Bitcoin price searches for momentum
DeFi tokens take center stage as top lending protocols AAVE, Maker and Compound establish new all-time highs. Go to Source Powered by WPeMatico
DeFi giant Aave hits a new high at $520, TVL rises to $4.96 billion
AAVE price rallied to a new high at $520, pushing the DeFi protocol’s TVL to $4.96 billion. Go to Source Powered by WPeMatico
Altcoins move higher while Bitcoin price finds resistance near $35,000
DeFi tokens and altcoins move high as Bitcoin price finds resistance near $35,000. Go to Source Powered by WPeMatico
Traders flock into altcoins as Bitcoin price trades sideways
Altcoins are surging higher as Bitcoin price consolidates and the prospect of a $3 trillion economic stimulus package sparks confidence in crypto investors. Go to Source Powered by WPeMatico
Terra Protocol (LUNA) rallies 66% after DeFi and stablecoin launch
Terra Protocol’s successful DeFi and stablecoin launch were followed by a 66% rally that brought LUNA’s market cap to $200 million. Go to Source Powered by WPeMatico
Exploits and Flash Loans Are Just the Beginning, Defi Economy Is Less Private Than People Think
Decentralized finance otherwise known as defi has climbed significantly in value this year, as the total value locked (TVL) in defi today is over $14 billion. Meanwhile, numerous defi platforms are getting attacked with flash loans and there are so many new defi projects, it’s hard to keep track of them all. Moreover, while many … Read more
Finance Redefined: You get hacked, they get hacked, everyone gets hacked, Nov. 11-18
Four hacks in a week are too much, even for DeFi. Go to Source Powered by WPeMatico
Some loans on Maker are never liquidated, prompting debt auction overhaul
Small loans for $100 are uninteresting to liquidators, and they’re cheap to stack up. Go to Source Powered by WPeMatico
Uncollaterized Power: A Makerdao Governance Vote Was Swayed by a Defi Flash Loan
The Makerdao and the stablecoin DAI has been a popular project in the decentralized finance (defi) space and it’s also had its share of problems. This week the project called Bprotocol leveraged a defi flash loan in order to sway a Makerdao governance vote. The development team behind the Maker project aims to make it … Read more
