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…
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…