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DeFi

DeFi adoption on the Binance Smart Chain reaches new highs

The announcement of the airdrops combined with the listing of XVS on the Crypto.com exchange helped spark a 70% rally in the price of Venus from a low of $72 on April 29 to a new all-time high at...

DeFi adoption on the Binance Smart Chain reaches new highs

Decentralized finance (DeFi) has taken a well-deserved break from the spotlight over the past couple of months after being one of the hottest sectors at the start of 2021, but recent growth on several top platforms may hint at...

Inverse Finance acquires Tonic Finance in possible first-ever DeFi protocol merger

n a possible decentralized finance (DeFi) first, Inverse Finance’s governance has approved today a proposal to buyout Tonic Finance in a $1.6 million-dollar deal that will bring Tonic under Inverse’s umbrella. First floated after “weeks of negotiation” in early April,...

$50M Drained From Uranium Finance: Hack or Rug Pull?

Another security breach on a DeFi project running on Binance Smart Chain sees $50 million allegedly stolen from Uranium Finance. $50 million worth of various cryptocurrencies has disappeared from the automated market maker platform running on the Binance Smart Chain...

Waves, Celo, and Injective Protocol (INJ) breakout as DeFi reawakens

Bitcoin (BTC) extended its relief rally on Tuesday and reclaimed a market capitalization above $1 trillion. While many traders panicked during Bitcoin’s recent fall below $47,000, fund manager Dan Tapiero said that he spotted a rare TD sequential buy signal during the...

DeFi protocol moves blockchains to sidestep ‘unsustainable’ gas fees

An open-source, decentralized and interoperable platform has announced that it will be the home of a multi-chain DeFi protocol. Gene Finance launched on Metaverse on April 23, and is designed to help cryptocurrency enthusiasts “easily deploy and optimize their digital assets within...

Don-Key Collects $2.2M in Private Funding for Social Yield Farming Platform

Don-key.finance, a DeFi yield farming aggregator, recently announced the completion of its first private funding, collecting $2.2 million in total from renowned venture capital firms. The financing round saw participation by investors such as Genesis Block, MarketAcross, Black Edge Capital,...

Proposed Tax Hike Could Be Massively Bullish for DeFi and Crypto, According to Messari CEO Ryan Selkis

The CEO of crypto intelligence firm Messari says that the Biden administration’s proposed tax hike on capital gains could be bullish for crypto and the decentralized finance (DeFi) space. In a new interview on CNBC, Ryan Selkis says that investors...

Lending giant Aave set to launch liquidity mining program

With a liquidity mining program set to launch on Monday, Aave could be on the cusp of becoming the dominant decentralized finance (DeFi) ledning protocol. Earlier today, Aave Improvement Proposal (AIP) 16 reached quorum, meaning that starting on Monday, 4/26...

Cream Finance launches $1.5M bug bounty to improve DeFi security

Decentralized lending protocol Cream Finance is backing another major effort to improve the security of decentralized finance. On Tuesday, Cream Finance announced a new security campaign in collaboration with several DeFi platforms like Immunefi, Armor and DeFiSafety to bring stronger...
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Latest News

Ethereum To The Moon: ETH Search Volume Surges Significantly

It’s been just revealed that the Ethereum search volume has doubled in size since back in 2017. https://twitter.com/cryptounfolded/status/1393929226525552643?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1393929226525552643%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fcryptogazette.com%2Fethereum-to-the-moon-eth-search-volume-surges-significantly%2F   Ethereum has been...
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