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Tag Archives: Yearn Finance

Costly Mistake? Yearn Finance (YFI) Reached $77,000 On Binance

Yearn Finance, the DeFi protocol that took the entire crypto field by a storm, continues to break new grounds.Its governance token, YFI, suddenly shot up to 77,000 BUSD on Binance in what appears to have been some sort of a mishap.In any case, the cryptocurrency continues to impress as its price already surpassed the all-time high of Bitcoin, peaking at $23,166 against USDT on Binance.YFI Price Touches 77,000 BUSDIn what may have been a costly mistake, the price for YFI against BUSD suddenly...

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DeFi Party: OKEx Adds 8 DeFi Tokens At Once

The popular cryptocurrency exchange OKEx has double-down on its DeFi-related endeavors by listing several new assets from the field.Company CEO Jay Hao promised that OKEx will continue to observe and act accordingly to the growing DeFi trend.OKEx Lists 8 DeFi TokensThe Malta-based spot and derivatives cryptocurrency exchange announced the addition of eight “promising” DeFi tokens, thus “reinforcing its commitment to the expanding DeFi economy.” The assets are Band Protocol (BAND), JUST (JST),...

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Bitcoin Fails To Break $12,000: The Weekly Market Report

This week has been quite the ride on the cryptocurrency markets, and, of course, Bitcoin was in the spotlight, at least for a while.The price started at around $11,700 and stayed there for a few days until Monday when we saw a significant move forward as BTC reached about $12,500. The cryptocurrency community was ecstatic that the coveted $12,000 mark was broken, but unfortunately, the euphoria was shortlived.Just a day later, Bitcoin started dropping and come Wednesday, the price was already...

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12,400% Growth in 1 Month: Yearn Finance Hits $1 Billion in Total Value Locked

Yearn Finance continues to make headlines and to exceed expectations within the field of decentralized finance (DeFi).After becoming the first altcoin after ZEC’s early days of trading to flip Bitcoin’s price convincingly, the protocol achieved yet another milestone today – it has over $1 billion in total value locked within its ecosystem.Yearn Finance Hits $1 Billion TVLIn a Twitter announcement shared about an hour ago, yEarn.Finance officially disclosed that the protocol has received more...

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Yearn Finance (YFI) Just Broke a Record Not Seen Since ZCASH Launch In 2016

DeFi tokens are leading crypto markets to their highest levels in terms of total market capitalization for over a year.One of the top-performing digital assets at the moment is YFI, as it surges over 70% on the day to reach an all-time high at $12,821. It has become the only cryptocurrency since 2016 to have ever flipped Bitcoin’s dollar value.YFI/USDT. Source: BinanceThe token is the basis of the Ethereum based DeFi yield aggregator Yearn.Finance, which allows users to earn interest and...

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Yearn Finance: Preis des YFI-Tokens schiesst auf 2’374 Dollar innerhalb eines Tages, Token ist aber „wertlos“

Preis des YFI-Tokens schießt auf 2.374 Dollar innerhalb eines Tages, Token ist aber „wertlos“ Der dezentralisierte Finanzsektor (DeFi) ist der neueste Hype in der Krypto-Welt. Es gibt einen Token, der nun kometenhaft aufgestiegen ist. Der YFI-Token legte am Tag nach dem Start mehr als 4’000 Prozent zu und war bis zu 2’374 US-Dollar wert. Es gibt jedoch einen Haken: Der...

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