This One Graph Shows Ether Going From CeFi to DeFi: Glassnode Source link

It appears we just saw our latest DeFi exploit/attack, but this one was much different than all the rest. Bitcoin, Ethereum, and the rest of

Despite a significant downtrend in the price of most major digital assets this past week, major DEXs like Uniswap reported the highest volumes they’ve ever

Leading decentralized finance protocol Aave has just rolled out its biggest update yet: v2, or version 2.0. This update has been hyped for a long

A retro, Tamagotchi-inspired game that came to life at the end of DeFi Summer is launching in full on Jan. 4. Initially funded by an

As CryptoSlate reported, on Friday, the Ethereum DeFi space experienced three “rug pulls” or scams that amounted to $1.2 million worth of losses for unfortunate

With the launch of Maker’s Multi-Collateral Dai upgrade earlier this week, new users should note that the older version of Dai (now called Sai) has

Bitcoin is struggling to make gains as an expected low-volume weekend could push price further down. Meanwhile, the increasing number of active Ethereum addresses this

With the upcoming launch of Ethereum 2.0, it should come as no surprise that Proof of Stake consensus algorithms are quickly emerging as the defacto

The CEO of decentralized finance (DeFi) insurer Nexus Mutual has lost the equivalent to over $8 million in a targeted attack, the firm disclosed Monday.

For those who have been keeping tabs on the recent surge of DEX volume, it’s clear that Uniswap has been playing a major role in

Total Value Locked (ETH) goes parabolic, reaching 4.40M ETH 1 in every 40.25 ETH is now locked in DeFi applications +44.3% increase in TVL (ETH)

As centralized exchanges continue to face adversity via hacks and regulation, the incentives to develop decentralized exchange infrastructure continue to increase. Although several decentralized exchanges

Chai.money released their project on Sunday, which looks to address the issue of immobilized funds in a new feature of Multi-Collateral Dai – the Dai

When it comes to the adoption of DeFi, the requirement to hold ETH in order to send Dai or interact with applications creates a massive

With Multi-Collateral Dai launching later this month, the Maker Foundation has decided it’s a good time to fix the terminology within the protocol. There are

Set Protocol – an automated crypto asset management solution – introduced an entire new set category today, named “Inverse Strategies”. As the name would suggest,

Property tokenization platform RealT has announced its first ever Uniswap-listed property – 9943 Marlowe. Liquidity worth 15% of the value of the property has been

Coinbase announced today that they will be staking Tezos on behalf of customers, paying all rewards straight into user accounts. The initiative will make it

While many DeFi users know that DAI has long serves as one of the crucial building blocks of the ecosystem as a whole, users unfamiliar

A new Bitcoin DeFi project has emerged, which will enable speculation on one of Bitcoin’s key underlying measurements of value and security. POWSWAP will open

Today marked the end of Kyber Network’s 7-week virtual hackathon. With sponsorships from Compound, Chainlink, Synthetix, bZx, Melon and WBTC, it was quite clear that

As many of us know, one of the biggest criticisms of the existing Ethereum protocol is the lack of throughput. As it stands today, the

Compound Finance has raised $25 million in Series A funding, led by Andreessen Horowitz. The American VC firm stated that they have worked with the

When it comes to getting new users started with cryptocurrencies, it’s no surprise that there are a number of barriers that make it difficult to

Emilio Frangella, a developer at Aave (formerly known as ETHLend), announced plans to integrate un-collateralized loans – a potential world-first iteration of the concept in

When it comes to accessing the DeFi ecosystem at large, Metamask has quickly emerged as the wallet of choice for many of today’s most active

When it comes to transacting on Ethereum, many DeFi applications have recently suffered from delays due to hight network congestion. In particular, services such as

Equilibrium has made some major changes to its framework surrounding the EOSDT stablecoin, as outlined in their recent blog post on Medium. The announcement includes

When it comes to registering for events, it’s no surprise that more times than not the number of people who RSVP versus actually attending are

Hydro Protocol has finally launched the new version of their DDEX platform today, after a two-month testing phase. The new and improved DDEX system takes

Set Protocol has quickly become one of the most talked-about DeFi projects in the space. Set provides a medium to partake in sophisticated trading strategies

Compound Finance is about to take yet another step in their quest towards true decentralization, with their upcoming v2.2 release. The upgrade includes a few

A company claiming to be the “world’s first crypto bond platform” has announced their launch today. The platform – Maple – will facilitate the creation

When it comes to the distributed ethos of blockchain-based systems, it should come as no surprise that company structuring is also begging to be disrupted.

InstaDapp, a DeFi bridge used to integrate and connect complex services on Ethereum, has just announced the completion of a $2.4M seed round. The round

Prominent security researcher known simply as “samczun” has published exploits relating to on-chain decentralized oracles, affecting DeFi platforms bZx and DDEX (Hydro Protocol). The exploits

For those who are active on Crypto Twitter (better known as CT to most) you may have seen a number of prominent profiles sending out

Today, Coinbase announced the launch of USDC rewards. US Coinbase customers are now eligible to earn 1.25% APY rewards on all USD Coin ($USDC) held

ConsenSys, a blockchain venture firm founded by Joseph Lubin, announced it has fully acquired Infura. Infura provides critical infrastructure for developers to build new decentralized

Headlines have spread across the cryptosphere over the last 24 hours or so, regarding the recently-discovered exploit in the MakerDAO smart contract. According to some

Augur revealed a bunch of updates and sneak-peaks today at Devcon 5, in a presentation given by co-founder and core developer Joey Krug. As confirmed

For many of us who have been following the MakerDAO project closely over the past few months, the imminent launch of Multi-Collateral Dai has been

With this year’s DevCon in Osaka being strongly focused on the rise of DeFi, it should come as no surprise that Consensys engineer Jack Clancy

Starting today, Coinbase Custody clients holding MKR can now participate in Maker Governance directly through their Coinbase account. Before this integration, crypto asset managers using

Coinbase announced the launch of a “USDC Bootstrap Fund” today, in an effort to further the development and adoption of decentralized finance (DeFi) platforms. The

Staked announced the launch of their Robo-Advisor for Yield (RAY) which allows holders of ETH, DAI, and USDC to automatically earn the highest yield available

Update: Read our 2019 DeFi Market Report for a full year analysis of DeFi growth in 2019. Decentralized Finance (DeFi) creates a new paradigm for