Defi Market Cap Drops 25.1% in One Day: Proponents Say Tokens Self Correcting

Defi Market Cap Drops 25.1% in One Day: Proponents Say Tokens Self CorrectingThe latest data from Santiment shows that the collective market capitalization of all defi-related assets dropped by 25.1% on October 7, while daily trading volumes went down 30.2%. The data also shows popular defi tokens like Sushi took heavy knocks after dropping by 50.9% during the week. Also making the list of heavy droppers is […]

The post Defi Market Cap Drops 25.1% in One Day: Proponents Say Tokens Self Correcting appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Defi Trader Pockets $250k From Bug Exploit, Hints at Possible Exit Scam by $SYFI Devs

An anonymous Defi trader says he gained almost $250 000 after inadvertently exploiting a rebase bug embedded in the $SYFI Defi token. The trader, who insists he had no prior knowledge about the bug, got this reward after staking an initial investment of 0.5 ETH or about $175 at current prices. In a long Twitter […]

The post Defi Trader Pockets $250k From Bug Exploit, Hints at Possible Exit Scam by $SYFI Devs appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Defi Project Yearn Finance Smashes Records as Native Token Surpasses $30K

Defi Project Yearn Finance Smashes Records as Native Token Surpasses $30KThe decentralized finance (defi) crypto asset tied to the Yearn Finance project has smashed records this week, as the coin touched a high of $30,324 on Saturday evening. Yearn’s token YFI has been recently added to the Aave platform and the project’s founder, Andre Cronje, is currently talking about collaborating with the exchange FTX. Yearn […]

The post Defi Project Yearn Finance Smashes Records as Native Token Surpasses $30K appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Yearn Finance Token Jumps 270% in 5 Days – Defi Token YFI Worth More Than a Single Bitcoin

Decentralized finance (defi) continues to make waves this week, as the Yearn Finance project token (YFI) jumped over 270% during the last five days. The digital token is worth more per coin than the price of bitcoin today, as the asset is currently trading for $15,934 per YFI. It’s very rare to see another token […]

The post Yearn Finance Token Jumps 270% in 5 Days – Defi Token YFI Worth More Than a Single Bitcoin appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico