Tag Archives: defi

Bitcoin attempted to conquer the $9,300 but to no fruition. The price pulled back and failed to breach the level. Meanwhile, the DeFi market continues to boom, with numerous projects marking double-digit daily increases.Bitcoin Price Fails at $9,300Bitcoin didn’t manage to claim $9,300 yesterday and has since retraced to its current trading level at around $9,200.As CryptoPotato reported, this is a vital level to watch in the short-term and should provide a good indication of how confident...

Decentralized Finance – kurz Defi – ist, innerhalb der Bitcoin-Szene der Megatrend schlechthin. Andreas Antonopoulos zufolge ist Decentralized Finance (zu Deutsch: dezentrale Finanzen) der beste Weg, um ein passives Einkommen mit Bitcoin zu erzielen. Auf DeFi-Plattformen können Sie ohne Zwischenhändler Geld und Coins leihen, verleihen und sparen. DeFi birgt aber auch Risiken....

The Decentralized Finance (DeFi) ecosystem has once again come under attack as a decentralized automated market maker exchange suffered losses close to half a million dollars yesterday.Balancer Lost $500k In Pool VulnerabilityDeFi project Balancer has lost about $500,000 worth of multiple tokens to a hacker due to a vulnerability in two of Balancer’s pools. News about the hack emerged on social media on Sunday evening, but Balancer did not issue an official report until this morning.According...

Compound (COMP) could be nearing a local price top, soon after the Ethereum-based decentralized finance (DeFi) token recorded a 258% growth in ten days.And while “yield farming” has driven much of that growth, the Compound community has passed through a development proposal that would see incentives taken away from would-farmers.Local COMP Top Incoming?Blockchain analysts at Santiment predict Compound could be nearing a local top after the token took the top spot in their social media...

The cryptocurrency industry may soon welcome a new category of Decentralized Finance (DeFi) applications as privacy-focus coin Beam (BEAM) plans to execute its second hard fork, which would give DeFi apps a privacy layer.According to a press release shared with CryptoPotato, the system-wide upgrade dubbed Beam Eager Electron 5.0 is expected to occur today, at exactly block 777,777.Beam Settles With BeamHash IIIThe hard fork of the Mimblewimble-based privacy coin will be the last “planned...

Decentralized finance (DeFi) project Balancer Labs officially announced the launch of its native governance token BAL on the Ethereum mainnet, with the price of BAL tokens increasing significantly following the launch. Balancer Follows Compound’s LeadThe news of the BAL governance token launch was made by CEO and Co-founder of Balancer Labs, Fernando Martinelli, via a Medium blog post on Tuesday (June 23, 2020). According to the announcement, the team is employing an “on-chain governance...

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 908. Heute sprechen wir über folgende Themen: Wirecard steckt in Schwierigkeiten, Haven Protocol (XHV) – DeFi kombiniert mit Anonymität & Jim Rogers Bitcoin fällt auf 0. 1.) Wirecard steckt in Schwierigkeiten – wie sieht es mit Krypto-Debitkarten aus?https://blockchain-hero.com/wirecard-steckt-in-schwierigkeiten-wie-sieht-es-mit-krypto-debitkarten-aus/ 2.) Haven Protocol (XHV): DeFi kombiniert mit...

The sudden jump of total value locked on the DeFi platform Compound has caused a flippening event in the decentralized finance sector. The TVL on Compound surpassed MakerDao’s as of yesterday, and the gap continues expanding today.Compound Overtakes MakerDAOMakerDAO has been the predominant force for total value locked for years, according to data from the DeFi monitoring resource – DeFi Pulse. Its influence over the entire marker was so unambiguous that the website tracked “Maker Dominance,”...

Vitalik Buterin, the co-founder of Ethereum, has recently stated that interest rates on decentralized finance protocols that are significantly higher compared to those in traditional finance come with unstated risks attached.Vitalik Buterin on High DeFi Interest RatesThe co-founder of Ethereum and one of the most prominent members of the cryptocurrency community, Vitalik Buterin, recently took it to Twitter to comment on high yields and interest rates associated with Decentralized Finance...

The price of Compound (COMP) tokens is seeing a massive surge amid a manic week for the decentralized finance (DeFi) project, which included a listing announcement by U.S. crypto exchange giant Coinbase.Compound TVL Crosses $400M TVL MilestoneWith the number of lenders on the Compound protocol increasing rapidly, data from DeFiPulse shows the project crossing the $400M mark in total value locked (TVL). Barely a week ago, this figure stood at $100 million. Compound becomes the second lending...