DeFi

DeFi

People Behind Crypto Protocol DeFi100 May Have Absconded With $32M in Investor Funds

A not-so-classy message on the DeFi100.org website told investors they'd been fooled and "you can't do [the slightest thing] about it."

News  ·  22 May 2021
DeFi

Flux Protocol Raises $10.3M Seed Round to Build DeFi Infrastructure on NEAR

Distributed Global, Coinbase Ventures and others are betting the data protocol can help lending applications attract users to NEAR.

Business  ·  20 May 2021
Bitcoin

Market Wrap: Capitulation City as Bitcoin Dumps to $31K, ETH to $2K Before Reversal

Liquidations, China and even Elon Musk may be factors in markets falling.

Markets  ·  19 May 2021
DeFi

DeFi Liquidations Up 14-Fold in Broad Crypto Sell-Off

With $662 million in loans unwound over 24 hours, it's the worst day for such liquidations since Feb. 22.

Markets  ·  19 May 2021
Ether

Crypto Market Loses $460B as Ether, Altcoins Follow Bitcoin’s Deep Dive

The crypto market has lost more than $400 billion in a day.

Markets  ·  19 May 2021
Governance

Common Protocol Raises $3.2M to Streamline DeFi Governance

The project looks to help token investors keep track of governance discussions across multiple blockchains.

Business  ·  18 May 2021
DeFi

Banking App Current Picks Polkadot for Its DeFi Debut

The banking app with 3 million users will serve as a Polkadot validator as it plans deeper crypto moves.

Business  ·  18 May 2021
DeFi

DeFi Platform DeversiFi Raises $5M in Bid to Scale Trading on Ethereum

DeversiFi’s platform is intended to stop small and mid-size investors from being deterred by high gas fees on Ethereum.

Markets  ·  18 May 2021
DeFi

DeFi Dashboard Zapper Raises $15M to Build On-Platform App Store

Framework Ventures led the round with Mark Cuban and Ashton Kutcher also signing checks.

Business  ·  17 May 2021
DeFi

bEarn Fi Loses $11M in Latest Exploit of a Binance Smart Chain DeFi Protocol

The cause of the attack is still under investigation.

News  ·  16 May 2021
DeFi

Terra’s 25-Fold Price Jump This Year Shows Growing Bet on Algorithmic Stablecoins

The South Korean-based stablecoin platform Terra has seen its market capitalization overtake better-known decentralized rival Maker's.

Markets  ·  14 May 2021
DeFi

Cryptocurrency Custodian Anchorage Adds 5 More DeFi Tokens

In a further sign of "institutional DeFi" momentum, the regulated custodian is adding 1INCH, BNT, CRV, REN and SUSHI.

Business  ·  14 May 2021
DeFi

Decentralized Exchange Aggregator 1inch Network Expands to Polygon

The move will provide 1inch users access to liquidity sources on Polygon, like SushiSwap and Aave.

Markets  ·  14 May 2021
DeFi

Hedge Fund Giants Millennium, Matrix and Point72 Standing Up DeFi Funds: Sources

DeFi is booming and institutions are edging towards it, trying to figure out how to get a slice of the alpha.

Business  ·  13 May 2021
DeFi

Polkadot-Based Derivatives Exchange Raises $6.4M at $50M Valuation

Su Zhu’s Three Arrows co-led the funding round for dTrade. The project looks to decentralize crypto derivatives trading.

Business  ·  13 May 2021