DeFi

DeFi

DeFi Credit Union Platform Xend Finance Goes Live in Africa First

Xend is the first DeFi protocol to launch from the African continent using the Binance Smart Chain.

Business  ·  22 March 2021
DeFi

Financial Watchdogs Have DeFi in Their Sights, Alter Wording Around NFTs

The FATF guidance makes a careful change of terminology, which appears to nod in the direction of NFTs.

Policy & regulation  ·  20 March 2021
DeFi

Tau Protocol Debuts Hashrate Token Staking for Bitcoin Rewards

The project’s hashrate token, BTCST, can now be staked for rewards in bitcoin or a synthetic equivalent.

Tech  ·  19 March 2021
DeFi

Bank of America Sees DeFi ‘Potentially More Disruptive Than Bitcoin’

There is "no good reason to own BTC unless you see prices going up," the bank says, but it is intrigued by decentralized finance.

Markets  ·  18 March 2021
Governance

Tally Raises $1.5M to Boost On-Chain Governance in Compound’s DeFi Ecosystem

Notation Capital, Castle Island Ventures, 1kx and others invested in the governance dashboard.

Tech  ·  18 March 2021
DeFi

Maple Finance Raises $1.4M for Its Reputation-Based DeFi Lending Platform

The funding round, led by Framework Ventures and Polychain Capital, will help to further develop and launch asset pools.

News  ·  18 March 2021
Ether

For the Daring but Lazy, a New DeFi Product Simplifies Leveraged ETH Bets

Leverage has been a killer use case for DeFi from the start. But rarely has making such big wagers required so little work.

Markets  ·  17 March 2021
DeFi

When DeFi Becomes Intelligent

The combination of decentralized finance and artificial intelligence is inevitable and can unlock a new level of innovation in DeFi.

Business  ·  17 March 2021
DeFi

Syndicate, an ‘AngelList for DeFi,’ Raises $1M Seed Round Led by IDEO CoLab Ventures

Still in private beta, the project intends to create a social graph for investors, developers and founders for the creative economy.

Business  ·  17 March 2021
FTX

$80M Deal Gone Wrong: Alameda Research, Reef Finance Spar Over Unloaded Tokens

A scuttled deal between Sam Bankman-Fried’s Alameda Research and DeFi upstart Reef Finance offers an inside look at the wild world of OTC trading.

Business  ·  16 March 2021
DeFi

DeFi Projects Cream Finance, PancakeSwap Hit With ‘DNS Hijacks’

The hijacker appears to be asking users to input the 12-word seed phrase unique to each crypto wallet in order to steal funds.

Tech  ·  15 March 2021
DeFi

Anchor Begins Countdown to Launch of Bank-Beating DeFi Savings Account

Anchor was originally slated for an October launch, but the team pushed that back to late November. With the countdown showing on its website, this could really be it.

Markets  ·  14 March 2021
DeFi

SushiSwap’s SUSHI Seen at $100 Value, Up Fivefold From Current Level

SUSHI's near 3,000% rise isn't over, and could be valued at $100 using a traditional dividend discount model.

Markets  ·  12 March 2021
DeFi

Alameda Research Pumps $20M Into Cross-Chain DeFi Platform Reef Finance

Sam Bankman-Fried's investment shop has bought $20 million in REEF tokens, with an eye to purchasing more.

Business  ·  12 March 2021
DeFi

OpenZeppelin’s ‘Defender’ Gives DeFi Teams a Weapon Against Flash Loan Attacks

Flash loan attacks have filched nearly $150 million from DeFi projects since 2020.

Tech  ·  11 March 2021