DeFi

DeFi

Bumper, a DeFi-Based Crypto Volatility Protection Plan, Raises $10M

The project shields users from crypto’s dips. Under the hood, it’s all about DeFi.

Business  ·  28 April 2021
DeFi

‘AWS for Blockchains’ Alchemy Closes $80M Funding Round at $505M Valuation

Alchemy powers most of DeFi and almost all the big NFT platforms. The round was co-led by Coatue Management.

Business  ·  28 April 2021
Ether

DeFi Pushes ETH Loans at Genesis to New Highs as BTC Rates Drop

ETH loans now make up 27% of Genesis’ loan book, as hedge funds get more comfortable with DeFi.

News  ·  28 April 2021
DeFi

Volt Capital Unveils $10M Fund Backed by CMT Digital, Balaji Srinivasan

Soona Amhaz’s venture firm has been quietly making equity plays across the crypto space for seven months.

Business  ·  28 April 2021
DeFi

Yearn Finance Earns $5M in Q1, Besting Total 2020 Profit

DeFi's original robo adviser for yield is betting on transparency as it grows through the bull market.

Markets  ·  27 April 2021
DeFi

DeFi Will Decentralize the Enterprise

The real innovation of decentralized finance (DeFi) is decentralization, not finance, our columnist says.

Markets  ·  27 April 2021
DeFi

DeFi Portal 1inch Launches Wallet on iOS App Store

1inch routes trading orders for tokens on Ethereum and Binance Smart Chain (BSC).

Business  ·  27 April 2021
DeFi

Insurance Alternative Nexus Mutual Follows DeFi Activity to Polkadot, Cosmos, Binance Smart Chain

The Ethereum-based platform for covering losses from DeFi hacks and other flubs is expanding to other chains.

Tech  ·  26 April 2021
DeFi

Millionaire Ex-Banker Who Hates Banks Starts a DeFi Firm in Russia

Alexander Lebedev hates banks and auditors, and he wants to see if crypto is an escape.

People  ·  23 April 2021
MakerDAO

Maker Price Passes $4K for First Time, as MakerDAO Brings Real Estate to DeFi

"Real world" assets have entered DeFi, as the Maker protocol reportedly just minted $38,000 of dai stablecoins to finance a mortgage loan.

Markets  ·  21 April 2021
DeFi

Q1 2021 Industry Trends: NFTs Rise to Fame, DeFi Consolidates 2020 Gains

Trading volume on decentralized exchanges also saw a similar pattern of steady growth and a slight decline near the end of the first quarter.

Business  ·  21 April 2021
Governance

Ampleforth Is Sending Free Governance Tokens to Every Wallet That Ever Held AMPL

Project leads estimate over 75,000 users will be eligible to receive the new FORTH governance token.

Tech  ·  21 April 2021
DeFi

Balancer Labs Offers $2M Bug Bounty to Spot Vulnerabilities

Balancer Labs wants to know about any vulnerabilities in its V2 Vault architecture, available Tuesday.

News  ·  20 April 2021
DeFi

Conflux Launches Cross-Chain Bridge to Connect Asia’s Largest Crypto Exchanges

Users on Ethereum, Binance Smart Chain, Huobi ECO Chain or OKEx Chain would be able to convert digital assets on one of these networks to an identical asset on a different chain.

News  ·  20 April 2021
DeFi

Oracle Provider API3 Signs 10-Year Deal With Open Bank Project

The partnership could bring fintech and banking customers into DeFi, says Open Bank Project founder Simon Redfern.

Business  ·  19 April 2021