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Daily Defi News from Across the Web

Daily Defi News from Across the Web

DeFi Spectacular Returns Unsustainable In Long-Term

Source: AdobeStock / Mihai Simonia Decentralized finance (DeFi) is undergoing rapid evolution, but speculative demand bubbles that generated spectacular returns over short periods will be unsustainable in the long-term, according to a... Read more »

Dog Meme Tokens Boost BakerySwap User Activity

User activity up 142% thanks to BARK token launch The launch of a new dog meme token has given BakerySwap a significant boost in user activity. In the past 24 hours, the... Read more »

Belt Finance: A Simple Explanation

A conveyor belt of optimized yields Belt Finance is a multi-strategy yield optimization tool operating on the Binance Smart Chain (BSC) network. Born from one of the largest IFOs ever conducted on... Read more »
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DeFi Is Rising in Chicago

Chicago’s DeFi scene is thriving, and it has New York to thank. That was the message from Colleen Sullivan, co-founder and CEO of Chicago-based venture capital firm CMT Digital, who spoke during... Read more »
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Market Wrap: DeFi Token Yearn.Finance Pops 76% as Bitcoin, Ether Make Double-Digit Gains

Cryptocurrencies opened the week jumping big, a reversal from a weekend market dive. Yearn.Finance (YFI) trading around $50,951 as of 21:00 UTC (4 p.m. ET). Jumping 76% over the previous 24 hours.... Read more »
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Opium, UMA to Launch Decentralized Insurance for SpaceX Flights

Opium, UMA to Launch Decentralized Insurance for SpaceX Flights Source link Read more »
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Crypto Hedge Funds Show Growing Appetite for DeFi: PwC

Crypto hedge funds managed nearly $3.8 billion in 2020, up from $2 billion in 2019, and are showing a taste for decentralized finance (DeFi), according to a new report from PwC and... Read more »
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Beefy Finance Finds Success on Polygon

$25 billion in volume in last 7 days Despite tumbling crypto prices and a general bearish feeling in the industry right now, DeFi applications on Polygon have continued to impress. Beefy Finance... Read more »
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People Behind Crypto Protocol DeFi100 May Have Absconded With $32M in Investor Funds

People Behind Crypto Protocol DeFi100 May Have Absconded With $32M in Investor Funds Source link Read more »
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DeFi Pulse Farmer #42 – DeFi Pulse Farmer

Welcome to DeFi Pulse Farmer – your guide to staying up on the latest and best trends in yield farming and beyond. In this newsletter, we break down top stories, developments, and... Read more »

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