DeFi News
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Decentralized Finance or as popularly known as DeFi refers to finance enabled by decentralized technologies which include services such as lending and borrowing platforms to stablecoins and tokenized BTC. Unlike centralized financial systems, DeFi is powered by smart contracts running on top of a decentralized infrastructure of the Ethereum blockchain.

DeFi News
DeFi News

Uniswap Tops Maker as ETH Locked Approaches 3 Million

Uniswap is making new milestones this week as it has surpassed Maker in terms of Ethereum collateral, and has become the first DeFi protocol to reach $2 billion in liquidity. The Uniswap decentralized exchange has come a long way this year. Since the beginning of 2020 it has grown by a whopping 16500% in terms

Uniswap is making new milestones this week as it has surpassed Maker in terms of Ethereum collateral, and has become the first DeFi protocol to reach $2 billion in liquidity. The Uniswap decentralized exchange has come a long way this year. Since the beginning of 2020 it has grown by a whopping 16500% in terms

LEND/USD price chart
Altcoin News
LEND/USD price chart
Altcoin News

Aave Technical Analysis: LEND Flashing Sell Signals, Downside Eyes $0.5

Aave is on the verge of a descending wedge breakdown, emphasizing the bearish grip. LEND/USD to seek support at the 50 EMA and the range between $0.50 and $0.45 if selling pressure mounts. Aave currently holds the third position in decentralized finance (DeFi) as far as the total value locked is concerned. Data by DeFi

Aave is on the verge of a descending wedge breakdown, emphasizing the bearish grip. LEND/USD to seek support at the 50 EMA and the range between $0.50 and $0.45 if selling pressure mounts. Aave currently holds the third position in decentralized finance (DeFi) as far as the total value locked is concerned. Data by DeFi

DeFi News
DeFi News

Kucoin’s Hack drags Ocean Protocol And Uniswap Into Mud

Kucoin hacker’s fund movement is finally noted two days after the incident. Singapore-based cryptocurrency exchange, Kucoin, suffered a massive hack on the 25th of September, in which, the hackers reportedly drained $150 million worth of digital assets such as Bitcoin, Ethereum, and others. But it wasn’t until the early hours of Sunday that the hacker

Kucoin hacker’s fund movement is finally noted two days after the incident. Singapore-based cryptocurrency exchange, Kucoin, suffered a massive hack on the 25th of September, in which, the hackers reportedly drained $150 million worth of digital assets such as Bitcoin, Ethereum, and others. But it wasn’t until the early hours of Sunday that the hacker

DeFi News
DeFi News

Binance Announces Cross Margin Trading For Uniswap [UNI] Token

Cryptocurrency exchange, Binance announced that the platform has enabled cross margin trading for DeFi Protocol, Uniswap’a native token UNI. According to the official release, Binance users will be able to trade UNI/BTC, UNI/USDT pairs. Additionally, it also announced a zero-interest promotion for borrowing UNI from the 27th of September. Binance’s official Twitter Handle revealed, #Binance Enables

Cryptocurrency exchange, Binance announced that the platform has enabled cross margin trading for DeFi Protocol, Uniswap’a native token UNI. According to the official release, Binance users will be able to trade UNI/BTC, UNI/USDT pairs. Additionally, it also announced a zero-interest promotion for borrowing UNI from the 27th of September. Binance’s official Twitter Handle revealed, #Binance Enables

DeFi News
DeFi News

DeFi Player Synthetix [SNX] Announces Transition to “Optimistic Ethereum”

DeFi platform Synthetix [SNX] announced the first phase of its transition to the second layer scalability solution of Ethereum called Optimistic Ethereum. The official release defines Optimistic Ethereum as only a “generalized” layer two solutions for Ethereum since it doesn’t require any specific functionality to be built to support existing protocols of layer one. Synthetix First Phase

DeFi platform Synthetix [SNX] announced the first phase of its transition to the second layer scalability solution of Ethereum called Optimistic Ethereum. The official release defines Optimistic Ethereum as only a “generalized” layer two solutions for Ethereum since it doesn’t require any specific functionality to be built to support existing protocols of layer one. Synthetix First Phase

DeFi News
DeFi News

Expert Suggests DeFi Hitting “Inflection Point” Amid Rising Non-Fungible Token [NFT] Rush

One hand, there are those who believe that the DeFi has an uncanny resemblance to the ICO bubble. But then, there are those who disagree with this narrative. Victor Lee, the CEO of the data intelligence platform for crypto, Bitcurate, believes that the DeFi space has a lot of potential. He tweeted, 6. Non-fungible-token (NFT)

One hand, there are those who believe that the DeFi has an uncanny resemblance to the ICO bubble. But then, there are those who disagree with this narrative. Victor Lee, the CEO of the data intelligence platform for crypto, Bitcurate, believes that the DeFi space has a lot of potential. He tweeted, 6. Non-fungible-token (NFT)

DeFi News
DeFi News

Crisis Hits NEO’s DeFi Dreams, Flamingo Finance Facing Technical Issues

The NEO-based DeFi protocol, Flamingo Finance, happened to encounter a “technical issue” less than an hour before the beginning of the Mint Rush. This comes after the blockchain launched its DeFi product but stopped producing blocks a few hours after the initiation of the Liquidity Mining. NEOs DeFi Dreams Under Threat Its official Twitter Handle notified

The NEO-based DeFi protocol, Flamingo Finance, happened to encounter a “technical issue” less than an hour before the beginning of the Mint Rush. This comes after the blockchain launched its DeFi product but stopped producing blocks a few hours after the initiation of the Liquidity Mining. NEOs DeFi Dreams Under Threat Its official Twitter Handle notified

Gemini-DeFi-Token-UK
DeFi News
Gemini-DeFi-Token-UK
DeFi News

Gemini Enters DeFi Rush, Announces Listing Of 15 DeFi Tokens

Decentralized Finance (DeFi) is the latest buzz in the crypto market with the massive bull run in DeFi over the last few months. Looking at the market craze and demand, crypto exchange Gemini has announced a massive listing of 15 new DeFi tokens. Gemini co-founder Cameron Winklevoss made the official announcement today. And because of

Decentralized Finance (DeFi) is the latest buzz in the crypto market with the massive bull run in DeFi over the last few months. Looking at the market craze and demand, crypto exchange Gemini has announced a massive listing of 15 new DeFi tokens. Gemini co-founder Cameron Winklevoss made the official announcement today. And because of

chainlink
Altcoin News
chainlink
Altcoin News

Chainlink Price Prediction: LINK Soars 30%, Bulls Aim Higher Towards $14

Chainlink decouples from Bitcoin and other major currencies, rallying to highs above $10. LINK/USD has the potential to keep the uptrend going, a descending wedge pattern breakout is in the offing. Chainlink rallied massively in the last 24 hours, reminding investors in the cryptocurrency market that we are still in a bullish market. The last

Chainlink decouples from Bitcoin and other major currencies, rallying to highs above $10. LINK/USD has the potential to keep the uptrend going, a descending wedge pattern breakout is in the offing. Chainlink rallied massively in the last 24 hours, reminding investors in the cryptocurrency market that we are still in a bullish market. The last

DeFi News
DeFi News

Will Uniswap [UNI] Survive The Ongoing Token Outflow?

The surprise launch of Uniswap’s UNI governance token created a lot of buzz in the DeFi world. Days after climbing to an all-time high of $7.07, UNI shed more than 46% of its gains in just two days when it dropped to $3.79. Despite the dip, UNI bounced back, and at the time of writing,

The surprise launch of Uniswap’s UNI governance token created a lot of buzz in the DeFi world. Days after climbing to an all-time high of $7.07, UNI shed more than 46% of its gains in just two days when it dropped to $3.79. Despite the dip, UNI bounced back, and at the time of writing,

DeFi News
DeFi News

Binance Reveals New Defi Entrants On BinanceSmartChain

Cryptocurrency exchange Binance has just announced the listing of BakeryToken [BAKE] and Burger Swap [BURGER] in its Innovation Zone. Traders can trade in BAKE/BNB and BURGER/BNB trading pairs starting from 24th September at 11:00 AM [UTC]. Earlier, announcing the same, Binance tweeted, #Binance Will List #BinanceSmartChain Projects, $BAKE @bakery_swap and $BURGER @burger_swap, in the Innovation Zonehttps://t.co/c5LTlm5F9A

Cryptocurrency exchange Binance has just announced the listing of BakeryToken [BAKE] and Burger Swap [BURGER] in its Innovation Zone. Traders can trade in BAKE/BNB and BURGER/BNB trading pairs starting from 24th September at 11:00 AM [UTC]. Earlier, announcing the same, Binance tweeted, #Binance Will List #BinanceSmartChain Projects, $BAKE @bakery_swap and $BURGER @burger_swap, in the Innovation Zonehttps://t.co/c5LTlm5F9A

defi
DeFi News
defi
DeFi News

We Are Still Very Early in DeFi Market Investment: Analyst

Decentralized finance and crypto markets may have slumped this week, but zooming out to look at the bigger picture suggests that we are still at very early stages of investment. Crypto investor Andrew Kang has taken a deep dive into the state of decentralized finance markets and concluded that things are currently somewhere between the

Decentralized finance and crypto markets may have slumped this week, but zooming out to look at the bigger picture suggests that we are still at very early stages of investment. Crypto investor Andrew Kang has taken a deep dive into the state of decentralized finance markets and concluded that things are currently somewhere between the

Yearn Finance
Altcoin News
Yearn Finance
Altcoin News

Yearn.finance Technical Analysis: YFI rebound to $25,000 remains a challenge

Yearn.finance refreshes support at $20,000 but rebounds towards $22,000. On-chain data predicts increased selling pressure towards $25,000. Yearn.finance saw the rebound predicted at the beginning of the week invalidated after failing to close above the 50 Simple Moving Average (SMA) in the 4-hour range. The rebound came into the picture following the formation of a

Yearn.finance refreshes support at $20,000 but rebounds towards $22,000. On-chain data predicts increased selling pressure towards $25,000. Yearn.finance saw the rebound predicted at the beginning of the week invalidated after failing to close above the 50 Simple Moving Average (SMA) in the 4-hour range. The rebound came into the picture following the formation of a

ethereum
DeFi News
ethereum
DeFi News

Ethereum’s Accumulation Trend Remains Unfazed by Price Downturn

Ethereum’s price underwent a major correction of nearly 16% following the market downturn. The network has been thriving as user activity skyrocketed, thanks to the DeFi explosion and numerous on-chain metrics demonstrated significant demand for the underlying crypto asset, ETH. Despite the explosive growth of the sector, DeFi did not escape the carnage following Ethereum’s

Ethereum’s price underwent a major correction of nearly 16% following the market downturn. The network has been thriving as user activity skyrocketed, thanks to the DeFi explosion and numerous on-chain metrics demonstrated significant demand for the underlying crypto asset, ETH. Despite the explosive growth of the sector, DeFi did not escape the carnage following Ethereum’s

dune analytics
DeFi News
dune analytics
DeFi News

DeFi Protocols’ Angels Back Dune Analytics in $2 Million Seed Funding Round

Dune Analytics, the Ethereum data website which lets the community view and creates charts illustrating activity on the Ethereum blockchain, today announced raising a $2 million seed round, led by cross-border crypto venture fund Dragonfly Capital among other, in a bid to ramp up the platform’s team and product. It was originally run by two

Dune Analytics, the Ethereum data website which lets the community view and creates charts illustrating activity on the Ethereum blockchain, today announced raising a $2 million seed round, led by cross-border crypto venture fund Dragonfly Capital among other, in a bid to ramp up the platform’s team and product. It was originally run by two

FLM-tokens-NEO
DeFi News
FLM-tokens-NEO
DeFi News

Binance Launchpool Unveils Neo-based DeFi Protocol Flamingo, Neo Price Surges 10%

Binance Launchpool, the new DeFi initiative by crypto exchange Binance, announced its third project named Flaming (FLM). The announcement states that staring September 27, Binance Launchpool will allow users to farm (earn) FLM tokens. Flaming is an interoperable, full-stack decentralized finance protocol built atop the Neo blockchain network. FLM is the governance token for Flamingo

Binance Launchpool, the new DeFi initiative by crypto exchange Binance, announced its third project named Flaming (FLM). The announcement states that staring September 27, Binance Launchpool will allow users to farm (earn) FLM tokens. Flaming is an interoperable, full-stack decentralized finance protocol built atop the Neo blockchain network. FLM is the governance token for Flamingo

Pancakeswap
DeFi News
Pancakeswap
DeFi News

Is PancakeSwap The Next Big DeFi Food Farm?

Another day brings another DeFi food farm and the latest is called PancakeSwap, but is it any different to the clones we’ve seen already? The latest DeFi food farming platform was announced on September 20, but it is gaining traction today following a big plug by Binance, the world’s largest crypto exchange.  Following the same

Another day brings another DeFi food farm and the latest is called PancakeSwap, but is it any different to the clones we’ve seen already? The latest DeFi food farming platform was announced on September 20, but it is gaining traction today following a big plug by Binance, the world’s largest crypto exchange.  Following the same

Altcoin News
Altcoin News

Synthetix Technical Analysis: SNX Flips Resistance Into Support, aiming for $5

Synthetix price bounces off support at $3.40 in readiness for a breakout to $5.00. SNX/USD is drawing closer to the resistance at the 50EMA, likely to delay the bullish scenario. Synthetix Network Token price fell in tandem with other decentralized finance (DeFi) tokens. The lending, borrowing, and liquidity ecosystem has been dealt a heavy blow

Synthetix price bounces off support at $3.40 in readiness for a breakout to $5.00. SNX/USD is drawing closer to the resistance at the 50EMA, likely to delay the bullish scenario. Synthetix Network Token price fell in tandem with other decentralized finance (DeFi) tokens. The lending, borrowing, and liquidity ecosystem has been dealt a heavy blow

DeFi News
DeFi News

Uniswap, Yearn.Finance Tokens Mimic Ethereum’s fall

DeFi is driving most of the excitement in crypto right now, however, this space was not exempted from the latest sell-off. The largest altcoin, Ethereum underwent a major correction following the market pullback. This drove the price of the cryptocurrency to retrace its steps back to the previous support level of $340. However, it wasn’t

DeFi is driving most of the excitement in crypto right now, however, this space was not exempted from the latest sell-off. The largest altcoin, Ethereum underwent a major correction following the market pullback. This drove the price of the cryptocurrency to retrace its steps back to the previous support level of $340. However, it wasn’t

crypto market red
DeFi News
crypto market red
DeFi News

UNI’s Surprise Launch, Sell-Off Triggers Volatility in Ethereum’s Price

When compared to traditional markets, the cryptocurrency industry is highly volatile, and the price fluctuations are driven by many factors. After weeks of consolidation in the Ethereum market, volatility has made a comeback. This was noted in the latest report of Coin Metrics. This was primarily driven by the recent sell-off and the surprise launch of Uniswap

When compared to traditional markets, the cryptocurrency industry is highly volatile, and the price fluctuations are driven by many factors. After weeks of consolidation in the Ethereum market, volatility has made a comeback. This was noted in the latest report of Coin Metrics. This was primarily driven by the recent sell-off and the surprise launch of Uniswap