DeFi has Attracted Nearly 1 Million Unique Users to Date
The DeFi industry has noted remarkable growth throughout 2020. According to recent statistics, it is likely there will be 1 million unique users to...
Lending Platforms Contribute the Most Total Value Locked to DeFi
For some time now, the total value locked in DeFi has continued to increase steadily. It is evident that lending protocols play a crucial...
Is Wrapped Bitcoin Really the Market cap King of Decentralized Finance?
There are many different data aggregators in the cryptocurrency space. If the rankings by DeFiMarketCap are to be believed, the top project is quite...
Total Value Locked in DeFi Dips Below $11 Billion as Bitcoin Surges on
It was somewhat to be expected, but the total value locked in DeFi is on the decline. After hitting the $12 billion milestone, the...
Rising Bitcoin Price Confirms DeFi Might be a Bubble After all
Earlier this year, there was a lot of hype surrounding DeFi, or decentralized finance. Today, a lot of that hype has seemingly cooled off....
Hacked DeFi Harvest Finance begs, increases bounty to get stolen funds back
DeFi yield farming protocol, Harvest Finance, has again increased its bounty to $1 million. This team aims to track down hackers who carted $24...
Hacker Drains $24M From Harvest Finance, Returns $2.5M
Neglected or unnoticed fragility of decentralized finance (DeFi) protocols often results in sorrow for investors. Hackers actively try to exploit any weakness in the...
Wrapped ZCash Brings Decentralized Finance to ZEC Investors
The need for crypto tokenization on Ethereum strengthens as the decentralized finance (DeFi) market continues to advance. Noteworthily, the Ethereum blockchain serves as the...
The First Uniswap Community Vote Fails to Meet the Required Threshold
On October 14, Blocdesk reported that the Uniswap community initiated the first-ever governance voting for the decentralized finance (DeFi) protocol. The proposal made by...
fUNI is the Next Uniswap “Rival” to Implement DEX AMM Technology
Numerous projects have come out in recent months to try and improve upon the Uniswap business model. So far, no one has been able...