Tag: DeFi

Crypto Custody Firm Launches DeFi Smart Contract Safeguards in Custodial Firewall

Crypto Custody Firm Launches DeFi Smart Contract Safeguards in Custodial Firewall

Crypto custody firm Trustology has rolled out a solution to combat the risk of smart contract security breaches in DeFi protocols. In the fast-paced and rapidly growing DeFi sector, unaudited protocols written by anonymous project owners and developers are aplenty and yield farmers often jump into new projects without fully understanding the risks they present. […]

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Winklevoss twins call Ethereum DeFi a “revoltion”, while scandal is exposed

According to the Winklevoss twins, the “DeFi fever” is not comparable to the “ICO craze” of 2017. A supposed pump-and-dump group of well-known DeFi influencers is currently causing a stir and questioning the legitimacy of the sector. Ethereum‘s DeFi space has suffered a severe setback in the last few days. While the crypto market in […]

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CoinGecko Survey: Yield Famers Not Concerned with DeFi Protocol Smart Contracts, Only with Liquidity

CoinGecko Survey: Yield Famers Not Concerned with DeFi Protocol Smart Contracts, Only with Liquidity

Yield farming has ballooned into a formidable sector all on its own under DeFi and for good reason. In a high volatility market such as crypto, capturing money-making opportunities and finding areas of high liquidity are paramount, so it is no wonder that yield farming almost guaranteed rewards and high liquidity providers has attracted swarms […]

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Crypto Market Stumbles as DeFi Tokens Plunge, Can UNI Help Kick Start Another Hype Cycle?

Crypto Market Stumbles as DeFi Tokens Plunge, Can UNI Help Kick Start Another Hype Cycle?

Over the past week, the cryptocurrency market has been trending downwards with Altcoins experiencing sell-offs, especially DeFi tokens, many of which have plunged to new swing lows. Nevertheless, not all is lost, as leading decentralized exchange (DEX) Uniswap announced its native governance token, UNI just last week. The DEX surged to the top of the […]

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KAVA Unveils World’s First DeFi Cross-Chain Money Market – Harvest

KAVA Unveils World’s First DeFi Cross-Chain Money Market – Harvest

DeFi lending protocol Kava, backed by multiple crypto industry giants such as Binance, Huobi, OKEx, Kraken and Cosmos, has just launched its very first DeFi application – Harvest. Touted as the world’s first cross-chain money market, users can stake Bitcoin (BTC), XRP (Ripple), Binance Coin (BNB), Binance stablecoin (BUSD), KAVA, and the USDX stablecoin on […]

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Party at Vitalik’s House? For DeFi, it’s Do-or-Die

Party at Vitalik’s House? For DeFi, it’s Do-or-Die

Ethereum gas prices have set new records, with single DeFi transactions costing over $10 in fees. High fees are the result of congestion, as users pay ever higher fees to ensure their transaction gets into a block. As DeFi takes off, the price of gas on Ethereum threatens its future. Or does it? Is the […]

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Uniswap (UNI) price explodes by 300% after Binance and Coinbase listing

Uniswap (UNI) price explodes by 300% after Binance and Coinbase listing

Since the launch of Uniswap’s Governance Token, the UNI price has increased by more than 300%. The largest exchanges in the market Binance, Coinbase and OKEx have added the UNI token to their portfolios. On Wednesday night, the Uniswap token officially launched on Ethereum mainnet and has since seen a rocket-like increase. In the short […]

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Ethereum – NEO Surge as DeFi Tokens Suffer

Ethereum – NEO Surge as DeFi Tokens Suffer

The overall Altcoins market sentiment remains bullish even as Bitcoin slowly reclaims its market dominance. The SCN30 Index which tracks top curated altcoins recovering from the weekly low by 9.87 points to 251.20 points. Top-performing Altcoins from last week such as Binance Coin (BNB), yearn.finance (YFI), Aave (LEND), Synthetix Network (SNX) are facing price pull-backs […]

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