Tag: DeFi News

Andre Cronje’s New DeFi Token Keep3rV1 [KP3R] Surges By Nearly 500% In A Day

Yearn Finance creator Andre Cronje’s new DeFi venture, dubbed Keep3r Network, is soaring high and over the last 24-hours, the protocol’s native KP3R token has surged by 492% over the last 24-hours. At the time of writing, it was being traded at $143.60. Interestingly, and every much unlike the launch of other DeFi platforms, the […]

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Compound Technical Analysis: COMP Awaits Ultimate Liftoff To $125

Compound lifts off from recent lows above $92 to retest $120 before gaining ground to $125. Bulls are fully in control of the trend and likely to push the throttle forward to complete the remaining part of the journey to $125. Compound is one of the most-improved decentralized finance (DeFi) tokens in terms of price […]

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DeFi Protocol Harvest Finance Suffers $24 Million Hack; $100,000 Bounty on Culprit

DeFi Protocol Harvest Finance Suffers $24 Million Hack; $100,000 Bounty on Culprit

Security vulnerabilities on DeFi protocols remain a serious concern for the DeFi sector despite its burgeoning growth potential, especially as major projects fall prey to hacking attacks resulting in the loss of user and project funds. The latest in a series of incidents this year comes from Harvest Finance, a protocol that made the news […]

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LINK Update: Binance-Incubated Injective Protocol Collaborates with Chainlink [LINK]

Despite an impressive performance by several DeFi tokens in the month of September, Chainlink, which supplies data feeds to DeFi systems, witnessed its LINK token drop nearly 50% month to date. The famous oracle token went on to become the worst return among digital assets for that month. However, Chainlink has made some crucial collaborations […]

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Here’s Why Curve Finance, Uniswap Witnessed Massive Spike in Volume

There is not a single dull day in DeFi. The decentralized finance [DeFi] space has been known for wild swings be it in terms of token’s price, or trading volume. In the latest development, Automated market maker Curve Finance saw its daily trading volume spike massively to a fresh all-time high after maintaining a steady […]

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Are Yield Farming-based DeFi Platforms Truly Decentralized?

Several yield farming platforms have taken the world of decentralized finance [DeFi] universe by storm. The enormous popularity surrounding these new protocols have managed to attract various centralized projects crawling out of the shadows disguising as the opposite. While ‘centralization’ might be a blanket term, but the latest platform to have attracted the label is […]

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Binance Smart Chain Bags Yet Another DeFi Integration

Not a day goes by without the Malta-based cryptocurrency exchange, Binance launching a DeFi-based product. The platform has been on a roll with its decentralized finance [DeFi] expeditions. In the latest news, Binance Smart Chain completed integration with Rubic multichain DeFi platform. With this new development, Rubic will now allow users to create, manage, and […]

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Yearn.finance Price Prediction: YFI Yearns For A Bottom, Breakdown Under $10,000 Seems Imminent?

Yearn finance attempts to build a breakout above the $13,000 support but hits a barrier at the 50 SMA. YFI/USD could resume the breakdown aiming for levels beneath $10,000 especially if the triangle support is shattered. Yearn.finance has lost a great deal of its value since it last hit the all-time high at $44,000. Despite […]

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