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Daily Defi News from Across the Web

Daily Defi News from Across the Web

Too Costly Ethereum is Pushing DeFi Users Away, Fuelling BNB Rally

Source: Instagram, Binance Binance coin (BNB) is now the third-highest cryptocurrency by market capitalization after its price rose by more than 40% in 24 hours. BNB now stands at USD 270 (13:45... Read more »

Tron’s Emoji Gets Into Awkward Situation While Justin Sun Goes “All In” On DeFi

Source: Adobe/immimagery Justin Sun‘s Tron (TRX) has attracted more unwanted media attention this week after French politician Georges Tron was convicted of rape and sexual abuse of staff, flooding France’s social media... Read more »

UNI Price Sleeps and Gathers Strength Before the Spring Rally

The phenomenal growth of the UNI price, which began in late December 2020, significantly slowed down. Raising the price by almost 600%, buyers paused. Since the beginning of February, sellers have been... Read more »
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Binance Growth & Alpha Homora Exploit – Weekly DeFi Update

DeFi thriving on new Binance Smart Chain with more than $10B TVL In this week’s highlights from the DeFi market we dive into a $38 million exploit that happened at Alpha Homora.... Read more »
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Market Wrap: Bitcoin Steadying Around $52K, Ether Surges on Rising Institutional Interest

Bitcoin hovers around $52,000 as markets wait and see whether the current price level will be held in the next few weeks. Bitcoin (BTC) trading around $52,124.59 as of 21:00 UTC (4... Read more »
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PancakeSwap Brings Whopping DeFi Volumes to Binance Smart Chain

Imitation is the sincerest form of flattery, right? Competing decentralized exchanges (DEXs) are trading blows in the world of open-source software as rivals to Ethereum-based Uniswap are catching up to the unicorn... Read more »
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The Bull Case for DeFi: Matthew Roszak

Yield bugs“People are building treadmills for capital,” billionaire venture capitalist Matthew Roszak said on CoinDesk TV this morning. The founder of Bloq, a blockchain enterprise software company, predicts the growing world of... Read more »
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Libra Co-Creator’s VC Firm Co-Leads $12M Round in ‘Decentralized GitHub’

In retrospect, it was inevitable: A team of blockchain developers has replaced GitHub with a decentralized system for collaborating on open source software. There’s even a decentralized finance (DeFi) twist. Announced Thursday,... Read more »
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Autofarm volume climbs to $40 billion in the last 7-days

DeFi dapps finding success on Binance Smart Chain Autofarm, a Binance Smart Chain (BSC) decentralized finance app, has overtaken Ethereum competitors to climb to second place in the overall DappRadar dapp rankings... Read more »
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PoolTogether Airdrops Native Token

PoolTogether –  the popular no-loss prize protocol –  has launched its own native token, POOL, and airdropped it to over 17,072 unique wallet addresses. The POOL token is live!https://t.co/LlncGMD8RD — PoolTogether (@PoolTogether_) February... Read more »

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