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...
Blocdesk Lending DeFi Total Value Locked

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...
BlocDesk Wrapped Bitcoin Market Cap

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...
BlocDesk DeFi Total Value Locked

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...
BlocDesk DeFi Bubble

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....
BlocDesk Harvest FInance BlocDesk Hacker Drains $24M From Harvest Finance, Returns $2.5M

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...
BlocDesk Harvest FInance BlocDesk Hacker Drains $24M From Harvest Finance, Returns $2.5M

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...
Blocdesk Zcash Investors Gains DeFi Compatible Token, Wrapped Zcash (WZEC)

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...
Uniswap's First Governance Voting Fails as Threshold Wasn't Met

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...
BlocDesk fUNI Fantom

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...

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PrimeXBT’s Kim Chua Expects Further Fallout For The Euro In Q4.

PrimeXBT’s Kim Chua Expects Further Fallout For The Euro In Q4, Here’s Why PrimeXBT Analyst Kim Chua: Euro To Weaken Due To COVID, ECB...

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DeFi News

DAI Market Cap Surpasses $400 Million Amid Ongoing DeFi Craze

It is a well-known fact that stablecoins play an increasing role of importance in the cryptocurrency world. DAI, One of the primary stablecoins issued...