The first woman to gain more than a million YouTube subscribers is now going all-in on bitcoin to promote financial freedom to her loyal fanbase. “I kind of view bitcoin as similar to YouTube, which…
3 Catalysts That Propelled Cardano (ADA) to Its…
ADA, a cryptocurrency backed by blockchain network Cardano, reached its best levels in the previous three years amid a major capital influx from Bitcoin to the altcoin market. The ADA/USD exchange rate hit $0.51 after…
Curve liquidity providers see $3M windfall from $11M…
DeFi protocol Yearn Finance has reported that its V1 yDAI vault was exploited by a hacker to the tune of $11 million on Feb. 5. However, the hacker failed to reap the lion’s share of…
DeFi users flock to Flamingo (FLM) to escape…
Decentralized finance is rapidly becoming a cornerstone of the cryptocurrency sector but the ecosystem has become increasingly centralized on the Ethereum network and this is causing the entire sector to be plagued by high gas…
pNetwork Launches Wrapped EOS on Ethereum to Connect…
During the last year, Ethereum’s DeFi ecosystem has grown exponentially to form a multi Billion Dollar market. As Decentralized Finance expands, it becomes more and more relevant to have cross-chain connections that enable crypto assets…
ALPHA surges 152% in one week: Whats behind…
ALPHA, the governance token of Alpha Finance Lab, has surged 152% in the past week. It is now the 85th most valuable cryptocurrency in the global market, breaking into the top 100 in a short…
3 reasons why Uniswap (UNI) token hit a…
Uniswap’s decentralized exchange has emerged as one of the critical pieces in the decentralized finance sector, with the DEX benefiting from the first-mover advantage after it became the go-to exchange for new projects and traders…
xSigma DeFi Offers Lucrative Rewards for Liquidity Providers,…
xSigma is an upcoming stablecoin DEX protocol developed by the first DeFi project backed by a NASDAQ-listed company. In order to attract liquidity providers to supply their stablecoins to the decentralized exchange, the protocol will…
Pantera’s Paul Veradittakit’s 2021 Predictions
It has been an eventful year, to say the least. In terms of blockchain and crypto, we saw several key developments: the halving of Bitcoin, liquidity mining and the explosive growth of several decentralized finance…
xSigma Recruits Former Ripple Engineer to Join xSigma…
PRESS RELEASE. ZK International Group Co., Ltd. (Nasdaq: ZKIN) (“ZKIN”, “ZK International” or the “Company”), a designer, engineer, manufacturer, and supplier of patented high-performance stainless steel and carbon steel pipe products primarily used for water…
Uniswap tops $50B in lifetime volume, but where’s…
Leading decentralized exchange Uniswap has surpassed $50 billion in all-time trade volume, a major milestone for the DEX sector. On Dec. 15, Uniswap creator Hayden Adams tweeted data indicating the platform has processed a life-time…
Uniswap tops $50B in lifetime volume, but wheres…
Leading decentralized exchange Uniswap has surpassed $50 billion in all-time trade volume, a major milestone for the DEX sector. On Dec. 15, Uniswap creator Hayden Adams tweeted data indicating the platform has processed a life-time…
Keeper Finance: DeFi Version 3.0 – a Unique…
PRESS RELEASE. Keeper Finance is a decentralized finance protocol that is inspired by job matching protocol Keep2r which is DeFi version 3.0. It is designed to be a lite version of Keep2r and is a…
xSigma DeFi Is a Game Changing Protocol Backed…
The DeFi ecosystem has been growing faster than anyone can keep up with recently. Billions of dollars in digital assets are invested, despite all the problems the current services suffer from. Buggy code, security vulnerabilities…
KP2R Network: A Decentralized Marketplace for Developers
PRESS RELEASE. The past decade has witnessed a revolution in traditional finance led by the utilization of blockchain technology. Blockchain technology has shown greater use cases since the development of leading coin Bitcoin. It has…
ZK International Subsidiary xSigma Introduces New Defi Project
PRESS RELEASE. xSigma Corporation, a wholly owned subsidiary of ZK International Group (NASDAQ:ZKIN), was launched in 2018 as a blockchain research and development lab to solve real-world infrastructure challenges. After two years of intensive research…
Finance Redefined: You get hacked, they get hacked,…
If people actually used insurance against hacks, this week would definitely have bankrupted a great many insurers. In the span of one week, a total of four flash loan-enabled exploits were registered (one actually happened…
Finance Redefined: You get hacked, they get hacked,…
If people actually used insurance against hacks, this week would definitely have bankrupted a great many insurers. A total of four flash loan-enabled exploits were registered in the span of one week (one of them…
Origin Defi Protocol Suffers Massive Flash Loan Attack-…
The OUSD stablecoin issuer, Origin Protocol is the latest Defi protocol to fall victim to a flash loan attack. The attack, which occurred in the early hours of Tuesday, on November 17, resulted in the…
Hackers Have Stolen $100 Million From Defi Projects…
Hackers have stolen $100 million from decentralized finance (Defi) projects so far this year, according to a new report. Defi accounted for 50% of all hacks and thefts in the second half of the year.…
Sharktron Defi Project Devs Exit Scam: Tron Foundation…
Developers of the Sharktron defi project have exit scammed with reports suggesting that TRX tokens worth up to $10 million are missing. The Tron Foundation has confirmed the theft, but is quick to inform Sharktron…
Why Yearn.Finance Surged 21% in 1 Day Amid…
Yearn.finance (YFI), the darling of the decentralized finance (DeFi) market, has surged 21% on the day. It is continuing to show strong momentum following a DeFi marketwide resurgence. There are several reasons behind the recovery…
Blockchain Bites: Bitcoin at $15K, $1B Silk Road…
Bitcoin’s price keeps climbing amid election uncertainty. Wasabi Wallet will offer automatic, privacy-preserving CoinJoins in its coming upgrade. A major Russian power provider is entering into a bitcoin mining joint venture. Top shelf $1B BTC…
Meet the Projects Pushing Stablecoin Adoption
In the last year, stablecoins have gone from representing just a tiny fraction of global cryptocurrency trading volume to more than half of it. This, because more users than ever before now use stablecoins to…
Blockchain Bites: JPM Coin Goes Live, Bitcoin Rallies,…
JPM Coin will see its first commercial use, banking executives said. Southeast Asia’s largest bank by assets, DBS, is eyeing a digital assets exchange. And bitcoin’s recent rise shows a decoupling from traditional markets, like…
Ethereum Now Has 1 Out of 3 Pillars:…
The sentiment around Ethereum has not been as strong as Bitcoin in the past two weeks. But over the longer term, researchers expect ETH to perform particularly well in the next bull cycle. The optimism…
Defi Protocol Harvest Finance Hacked for $24 Million,…
Decentralized finance (defi protocol) Harvest Finance was hacked on Monday for $24 million. The attacker targeted the protocol’s liquidity pools, performing an arbitrage attack using a large flash loan – a type of uncollatarized loan…
Trader Lays Out “Worst Case” Technical Scenario For…
Yearn.finance (YFI), the decentralized finance (DeFi) darling that led the DeFi market upsurge in the third quarter, is stagnating. Technical analysts are now considering the worst possible scenario for the DeFi giant. A pseudonymous DeFi…
Researcher Explains Why Curve (CRV) and Yearn.Finance (YFI)…
Curve and yearn.finance are among the few decentralized finance projects that have interesting yield farming products to offer. Their volumes have shot upwards due to consistent community involvement. Nevertheless, the price of their governance tokens…
DeFi traders blame YFI price collapse on shorting…
Yearn Finance (YFI) price has been in a serious rut during the past 2 weeks and many in the crypto community blame the sharp correction on Sam Bankman-Fried (SBF), the CEO of Alameda Research and…
Wrapped Bitcoin tops $1B after 900% increase in…
The recent DeFi bull-cycle has pushed the total value locked (TVL) of popular Bitcoin (BTC) tokenization protocol Wrapped BTC (WBTC) up by 900% to surpass $1 billion. The milestone comes four weeks after the TVL…
Blockchain Bites: Crypto’s Top Universities, Bitcoin’s New Addresses,…
Making consensus CoinDesk is preparing for the invest: ethereum economy virtual event on Oct. 14 with a special series of newsletters focused on Ethereum’s past, present and future. Every day until the event the team behind Blockchain Bites will…
DeFi tokens are oversold but revenue and TVL…
Over the last month the crypto market has seen a significant amount of volatility as a 6-month altcoin bull market abruptly came to an end with the most recent Bitcoin (BTC) price rejection at $12,000.…
StrongBlock launches DeFi protocol but token prices slump…
Just-launched DeFi protocol StrongBlock has announced the integration of Chainlink oracles — however its native token’s price tumbled 70% today. The platform, founded by former members of the original EOS core team, was launched on…
Earning with DeFi yield farming: Rocket science or…
Yield farming has experienced a Cambrian explosion of sorts over the last few months, thanks in part to the emergence of various decentralized finance protocols. In its most basic sense, yield farming can be thought…
UNI defies price dump predictions, emerges as top…
The token, which was airdropped to past Uniswap users in batches of 400 per wallet without warning yesterday, has defied predictions that the market would crash from its initial pricing of $3 as the 75,235…
Record $113M BUSD stablecoin inflow shows Binance is…
New data from CryptoQuant, an on-chain analytics firm, shows $113 million worth of Binance USD (BUSD) has flowed into Binance exchange over the past week. This means BUSD stablecoin now has the highest potential buying…
Crypto.com views Chainlink integration as a gateway to…
Crypto.com (CRO) is adding Chainlink’s price feeds to its DeFi wallet as it begins expansion into the booming space. The company chief operating officer Eric Anziani told Cointelegraph: “I would say with the partnership with…
Money Reimagined: Ending Money’s Distance Trap
For Australians of my generation, historian Geoffrey Blainey’s phrase the “tyranny of distance” was the defining descriptor of our place in the world, a place that seemed awfully far from everyone else. In September of…
The rise of DEXs: Fueled by DeFi and…
Uniswap recently surpassed Coinbase Pro in trading volume, overtaking one of the most popular centralized exchanges in the space after reaching around half a billion dollars in daily volume. Although Coinbase Pro is by no…
Celo price spikes 32% after Coinbase listing
Coinbase, the largest cryptocurrency exchange in the United States, will now offer support for Celo — an announcement that led to a 32% price surge in less than two hours. According to a Sept. 3…
DeFi meme coin Hotdog dumps 99.9% in hours…
The latest high-yield, food-flavored DeFi meme project, Hotdog, appears to have crashed and burned just hours after it was launched. The latest high-yield promising food-flavored DeFi meme project, Hotdog, appears to have crashed and burned…
Money Market Protocol Aave Settles $300 Million in…
This weekend the decentralized money market protocol Aave broke records as the community witnessed a massive flash loan of $14 million worth of the stablecoin DAI. So far, the Aave protocol has seen over $300…
UMA overtakes Yearn.Finance as the biggest ‘DeFi’ protocol…
The decentralized finance (DeFi) landscape is rapidly changing day after day. On Sept. 1, UMA overtook yearn.finance as the biggest “DeFi” protocol on Ethereum with a $1.3 billion market cap. Data from CoinMarketCap shows six…
Crypto Roundup: August 31st, 2020
All eyes are on Ethereum this week as DeFi continues to drive the market higher. The second-largest cryptocurrency has now reclaimed $400 while the total market cap has surged to its highest levels since May…
Synthetix (SNX) surpasses $1B TVL as DeFi investor…
Synthetix has reached the $1 billion in value locked milestone, following other DeFi protocols like Compound and Aave. Synthetix (SNX) has been one of the many DeFi tokens that has made substantial gains in 2020,…
3 reasons why Yearn.finance YFI price just hit…
YFI, the native token of the Decentralized Finance (DeFi) giant yearn.finance, achieved a new all-time high. It soared by 30% in the last 12 hours from $14,017 to $18,169, entering price discovery. The price chart…
Two DeFi projects with $1.2B in TLV have…
Curve Finance is currently the third largest DeFi protocol, with a total value locked, or TVL, of $1.1 billion. Recently the community realized that the project's founder, Michael Egorov, had leveraged over 71% of the voting…
YFI Price Exceeds Bitcoin Price at $15K— But…
Yearn.finance’s native governance token YFI eclipsed Bitcoin (BTC) price as it soared to $16,600 on Aug. 20. The spiked to a new all-time high took place on Binance and was fueled by the growing demand…
YFI Becomes First Altcoin to Exceed the Price…
Yearn.finance’s native governance token YFI became the first-ever altcoin to surpass the price of Bitcoin (BTC) on Aug. 20. It spiked to as high as $13,444 on Binance, fueled by the growing demand for Decentralized…
First Mover: Money Legos Turn ‘Exuberant’ as Chainlink…
Price Point It’s been two steps forward, one step back for bitcoin (BTC) over the past couple months. Prices were down early Wednesday for a second straight day after pushing earlier this week past $12,000 to a…
3 Key Reasons Why DeFi Giant Yearn Finance…
Yearn Finance (YFI) launched just a month ago and since then the yield aggregating platform’s total value locked has climbed to $611 million. In the last three days, YFI price climbed to $12,800, a nearly…
First Mover: As Wall Street Goes Topsy-Turvy, Crypto…
As the coronavirus takes its devastating toll on the U.S. economy, financial pros are increasingly confounded by the markets. The economy is in its worst shape since the early 20th century, and stocks are soaring. The U.S. government’s…
YAM Token Holders ‘Burnt the Hardest’ After Price…
Yam Finance, an experiential Decentralized Finance (DeFi) protocol, saw its market cap crash down to zero within minutes on Aug. 13. With it, major DeFi tokens, including Compound, Yearn Finance, and Balancer, plunged as well.…
Web Traffic on Global Crypto Exchanges Surged 13%…
Global crypto exchanges have reportedly seen a significant increase in web traffic in July as cryptocurrency prices gained momentum. According to data from crypto analytics startup ICO Analytics, web traffic on global crypto exchanges increased…
Market Wrap: Bitcoin Pushes to $11,450, DeFi Value…
Bitcoin and ether continue to make gains Friday and stakeholders are increasingly investing their crypto into DeFi. Bitcoin (BTC) trading around $11,333 as of 20:00 UTC (4 p.m. ET). Gaining 2% over the previous 24…
Three Signs the Explosive LEND Crypto Trend Could…
The DeFi craze is showing no signs of cooling off, and each week a new crypto token is on fire as a result. The industry’s hottest token currently, is LEND, a DeFi protocol for lending…
Alt-Season: What’s Driving Some Altcoins to New Highs?
An ‘alt-season’ occurs when a number of altcoins quickly and astronomically rise against both the dollar and Bitcoin at once. Perhaps the an alt-season occurred was in the fourth quarter of 2017, when a number…
Framework Ventures and Three Arrows Capital Invest $3M…
Leading DeFi protocol Aave has raised $3 million from Framework Ventures and Three Arrows Capital. The investment firms purchased $3 million of Aave’s native token LEND at $0.10 per token, a stake which is now…
Blockchain Bites: BitLicense at 5, Lawsky’s Fallacy and…
Today marks five years of the BitLicense, the controversial crypto safety rail enacted by New York State’s top financial watchdog. In half a decade only 25 licenses have been doled out, including two to a…
Compound’s New Token Tops DeFi Rankings on First…
After a single day of trading, Compound’s COMP token has emerged as the largest decentralized finance (DeFi) token by market capitalization. COMP overtook MakerDAO’s MKR token by market cap as it rallied by more than…
Ethereum May Not Be Perfect, but Most DApps…
Years on and dozens of experiments later, Ethereum still remains the number one choice among developers of decentralized applications for deploying their products and services. The “2020 Q1 Dapp Market Report” published by Dapp.com clearly…
Decentralized Finance Startup Focused on Bitcoin Cash Raises…
On May 7, the decentralized finance (defi) startup General Protocols revealed the team has raised over $1 million from investors. The creators of General Protocols have introduced innovative projects on the Bitcoin Cash network such…