#DeFi News

Coinbase and Huobi-Backed DEX to Rival Uniswap

October 8, 2020 by Evan Ezquer at DeFi

In March this year, a Chinese team created a decentralized exchange (DEX) project called CoFix, to rival one of the most popular DeFi protocols, Uniswap. What’s more interesting is the list of major crypto investors who supported the new venture. It was led by Coinbase Ventures, others included Huobi and...

DeFi in Bitcoin Expands After RSK Integrates DAI

DeFi on Bitcoin Expands After RSK & RIF Integrate DAI

October 6, 2020 by Dalmas Ngetich at DeFi

DAI—a popular crypto-collaterized stablecoin issued by MakerDAO, is now available on RSK & RIF. RIF Development Team Integrates DAI The RSK Infrastructure Framework (RIF) development team has now successfully used the RSK-Ethereum token interoperability bridge to expand DeFi capability on the RSK network. The bridge was launched early this year....

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BC.Game Supports UNI, Bringing DeFi to Gaming

October 5, 2020 by Guest Post at DeFi

BC.Game--a cryptocurrency gaming site where players can win coins by placing bets on games, now support UNI. The token powers the world’s largest decentralized exchange, Uniswap, as per a notice on Sep 25. UNI is Uniswap’s native token that was launched on Sep 16. Merging DeFi and Gaming The gaming...

1 Confirmation with Jeff and David – Pradeep Goel Solve.Care Trillions in Healthcare DeFi

September 28, 2020 by 1 Confirmation with Jeff and Emilio at Bitcoin, DeFi, Interviews, News, Podcast

https://pod.co/1-confirmation-with-jeff-and-emilio/1-confirmation-with-jeff-and-david-pradeep-goel-solve-care-trillions-in-defi 1 Confirmation Pradeep Goel Solve Care and Trillions in DeFI Jeff: Live from BTC Manager World Headquarters. This is around the block with Jeff and Dave. And I'm Jeff. We have had an amazing year with Bitcoin still between $10,000 and $15,000. We have DeFI that is...

TRON and BitGo Strategic Alliance Takes DeFi to New Heights

September 24, 2020 by Ogwu Osaemezu Emmanuel at DeFi

Bitcoin and Ethereum Holders can now Access TRON’s growing DeFi Ecosystem using their BTC/ETH SAN FRANCISCO, CA, September 24, 2020 – TRON, one of the largest and most popular blockchain-based operating systems in the world, has entered a strategic alliance with BitGo, the leader in digital asset financial services, t...

Synthetix (SNX) Leads Ethereum DeFi Protocols in Adopting Layer-2 Solutions

September 24, 2020 by Dalmas Ngetich at DeFi

Admittedly, Ethereum has a fee problem. Because of its inability to scale, the average transaction costs fee remains prohibitive. As a result, leading DeFi protocols like Synthetix, Aave, and Uniswap--the largest decentralized exchange, plan to implement off-chain solutions to scale their service and vent the mainnet. The Synthetix Upgrade Today...

Messari - DeFi Can Continue to Grow as ‘Useless’ Top 30 Coins Wither

DeFi “Is Real” Unlike the 2017 ICO Craze, Says Cameron Winklevoss

September 23, 2020 by Evan Ezquer at DeFi

Gemini co-founder Cameron Winklevoss has voiced his support for Decentralized Finance protocols, stating that DeFi platforms are "real" and have real value. DeFi has taken over the trend in the blockchain and cryptocurrency space, with many schools of thought referring to 2020 as the year of DeFi. According to a...

RskSwap: Introducing Automated Liquidity Protocol on RSK

September 19, 2020 by Dalmas Ngetich at DeFi

RskSwap, an easy-to-use, intuitive automated market-making pool forked from Uniswap V2 and adapted to the RSK blockchain network has been recently announced. It was created by the developer ecosystem. In the spirit of openness, the swapping protocol is open-source licensed under GPL. It is meant to empower developers, incentivize heterogeneous...

Yield farming frenzy pushes Uniswap daily volume over $1 billion

Uniswap Announces UNI Tokens, Airdrops Over $1,200 to Users

September 17, 2020 by Shaurya Malwa at DeFi

Decentralized exchange Uniswap launched its native UNI tokens earlier today in a surprise move, with several crypto exchanges rushing to list the token and Ethereum network becoming congested to use. Uniswap’s $1,200 Airdrop As detailed in a blog post, a total of one billion UNI tokens will be distributed in...

RskSwap: Introducing Automated Liquidity Protocol on RSK

September 16, 2020 by Dalmas Ngetich at DeFi

RskSwap, an easy-to-use, intuitive automated market-making pool forked from Uniswap V2 and adapted to the RSK blockchain network has been recently announced. In the spirit of openness, the swapping protocol is open-source licensed under GPL. It is meant to empower developers, incentivize heterogeneous liquidity providers to contribute tokens to a...

OPT: Biggest DeFi Project X DaoMaker

September 16, 2020 by Aisshwarya Tiwari at DeFi

The emergence of the Decentralized Finance (DeFi) sector has seen projects that offer decentralized versions of services offered by more traditional financial institutions gain significant adoption. These include decentralized credit/lending protocols, and this has in turn led to the rapid growth of token mining and yield farming within the DeFi...

Is Decentralized Finance the Answer for a More Democratized Financial System?

September 16, 2020 by Bob Machina at Blockchain, DeFi, Opinion

The mainstream financial system has failed us time and time again; from the Dot Com Bubble to the devastating Subprime Mortgage Crisis. This is unsurprising given that the system was designed specifically to move at the whims of the upper echelons of the trading community whose movements (or lack thereof)...

Huobi’s DeFi Alliance Welcomes 10 New Members, Including Aave, Curve, Synthetix

September 15, 2020 by Osato Avan-Nomayo at DeFi

Aave and Curve are the among the latest batch of decentralized finance (DeFi) giants to join the Huobi-backed DeFi Alliance. The DeFi landscape continues to see sustained growth with more projects emerging consistently. Aave, Balancer, and CoinGecko Swell DeFi Alliance’s Ranks According to Singapore-based blockchain media outlet Blockcast, Huobi DeFi...

Defi Protocol bZx Suffers Third Major Hack, Incurs Losses of $8 Million

September 14, 2020 by Adeniyi Olowoporoku at DeFi

Decentralized finance protocol bZx suffered a major hack on September 13, 2020, with the hackers carting away $8 million worth of tokens. This latest hack comes after an initial double hack attack in February which led to losses of about $1 million. Hackers Duplicated Tokens The hackers took advantage of...

Yearn Finance Creator Andre Cronje Wants to Cap Supply at 30,000 YFI

September 14, 2020 by Shaurya Malwa at DeFi

Andre Cronje, the creator of yield farm aggregator Yearn Finance, proposed a measure over the weekend that seeks to cap the total supply of YFI tokens at its current 30,000. No more YFI Minting Yearn Finance, the yield aggregator platform which has turned heads since its YFI token in late-June...

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