An anonymous individual made a jaw-dropping move by manipulating Ethereum-powered decentralized finance (DeFi) app, Fulcrum, to pocket $360,000 worth of ETH. The breach reportedly took

Welcome to our third edition of This Week in DeFi – a newsletter covering the top stories in open finance! The effects of COVID-19 continue on as the

Both Bitcoin and Ethereum have seen large retracements since their recent highs of $42,000 and $1,350, respectively. BTC currently trades for $35,000 while ETH has

Decentralized finance, or DeFi for short, is the nickname of financial smart contracts, decentralized applications (DApps), and protocols built on Ethereum. Financial DApps are the

Nick Sawinyh on 06 Jan 2020 Paul shared the story of building a protocol for real-time finance. Hello! What’s your background, and what are you

Chainlink (LINK) has been making over 18 percent gains in the past 24 hours, taking the lead ahead of most of the large-cap altcoins and

As we continue to explore the depths of DeFi liquidity providers, we’ve seen a number of novel solutions looking to bring Bitcoin to Ethereum to

It’s new beginnings for Jorge Izquierdo, who would continue to be involved with Aragon albeit at a community level. Aragon governance: Gone the other way

In the past, users had to rely on centralized exchanges to trade their cryptocurrency. But, things have come a long way since then and you

The trading week on the DeFi composite index market was held under the flags of buyers. The sharp price fall on 25 November did not

The last few days have been a nightmare for bZx, a decentralized finance (DeFi) lending protocol provider. Just a few hours after confirming that an

For those who have been active contributors to social communities we’re sure you’ve heard of Reddit – debately the biggest platform to discuss an endless

Large trading volumes in the bitcoin spot market are helping push prices upward to a fresh record high. Ethereum-based DeFi value locked is also setting

Alex Masmej on 08 Jan 2020 In the past months, there’s been an uptick in interest for #DeFi beyond margin trading, popularized by Compound, Maker

In this article, we compare the performance of the stock market and crypto market to date since the announcement of unlimited quantitative easing (QE) by

The crypto trust funds offered by institutional trading platform Grayscale are traded at an enormous premium, with institutional investors paying $1000 per Ethereum (ETH). At

March 12, no doubt has gone into the crypto record books as “Black Thursday” and the day of the “Bitcoin (price) halving” that shouldn’t have

For those actively involved in the wider DeFi landscape, it’s common knowledge that almost all community discourse happens on Twitter. With most of the top

Lately, we’ve been receiving a lot of feedback from those of you in the community about new features and metrics you’d like to see included

Nick Sawinyh on 28 Jan 2020 Leighton Cusack shared the PoolTogether backstory starting from ETHDenver 2019 and told us about the future plans. Hello! What’s

The continuous rise and the unending support for the decentralized finance (DeFi) industry has resulted in a total of $11 billion in total value locked,

After multiple delays, Perlin, a blockchain-based project that raised at least $ 6.7 million on Binance Launchpad in 2019, announced today that it has postponed

The crypto community eagerly anticipated the Ethereum 2.0 launch on the 1st of December. According to the plan, the blockchain for new network proof-of-stake called

DeFi Saver – the asset management tool – has released the second major version of Automation, an automated CDP management tool for Maker Vaults. We

The trading year on the Uniswap (UNI) market ends with great optimism. On 31 December, buyers broke free from the shackles of consolidation, which we

tBTC is an ERC-20 token that’s trustlessly backed by and redeemable for Bitcoin (BTC). In other words, it’s a way for users to deposit their

Nick Sawinyh on 03 Feb 2020 Stani talks about undercollateralized flashloans, interest bearing aTokens, the long way Aave Protocol came and global DeFi challenges. Hello!

China has appeared to be hostile territory for cryptocurrency since it officially shuttered all crypto exchanges in the country in 2017. But if that is

The newly released Bancor liquidity mining program will now support Yearn Finance (YFI) following a community’s successful governance approval. Apart from BNT rewards, yield farmers

San Francisco-based cryptocurrency exchange and wallet provider, Coinbase, has recently announced that users of the Coinbase Wallet can now easily earn interest by lending out

2020 has quickly signaled an emerging trend surrounding personal tokens – or a tokenized version of an individual used for either utility, speculation or some

What is a CDP? Source link

Nick Sawinyh on 23 Feb 2020 Tellor team shared Minable Oracle Contract backstory, and how Daxia pivoted into Oracle space. Hello! What’s your background, and

Decentralized exchange platform Uniswap, recently became the first decentralized finance (DeFi) protocol to surpass $2 billion in total value locked (TVL). At press time, there

Developers have finally launched Aave Protocol V2 after successfully migrating tokens, handing over admin keys, and introducing governance. Just like many other projects in the

 Leading US-based cryptocurrency exchange and wallet provider, Coinbase has announced that it has made a direct investment up to the tune of $1.1 million in

Sellers arranged a rather dangerous inspection in the Polkadot (DOT) market. The triumphant price growth, which began in late December significantly slowed in the range

Perhaps one of the hottest topics of 2020 is bringing DeFi to Bitcoin (and vice versa). We’ve covered numerous approaches here on DeFi Rate, all

The Ethereum decentralized finance (DeFi) space saw a renaissance in 2020 led by the release of new platforms such as Aave and iEarn (now Yearn),

Kain Warwick, founder of Synthetix Protocol has recently published an long-form blog post detailing the protocol’s 2021 roadmap. It covers everything from layer-2 scaling to

DeFi is an abbreviation of the phrase decentralized finance which generally refers to the digital assets and financial smart contracts, protocols, and decentralized applications (DApps)

Nick Sawinyh on 16 Mar 2020 Ouriel Ohayon shared his thoughts on crowded wallets space, ZenGo backstory and what it takes for DeFi to grow

Andre Cronje, the founder of Yearn.finance has recently deployed a series of new contracts relating to a new game called Eminence Finance, which has still

Almost all November, LINK buyers were behind the wheel of the market pushing the price up. The final target, we wrote about in the previous

The total USD value of Ether (ETH) that is locked in DeFi apps is on the rise again, after losing momentum during the Sell-off of

In recent weeks, we’ve been seeing a lot of interest regarding Opyn – a permissionless insurance protocol allowing users to purchase options on the price

Smart contracts exist on the blockchain and can only access data available on-chain. They rely on what’s called an oracle to interact with real world,

Nick Sawinyh on 19 Mar 2020 Alex Wearn told us about hybrid model DEX challenges, regulation, backstory, and what’s coming next for IDEX. Hello! What’s