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Yearn Finance founder Andre Cronje’s new defi token called KP3R has soared more than 3,600% in just over 24 hours after official launch, as yield farmers pour in millions of dollars into the project. The token opened at just $10 on Uniswap on Oct. 28, but is currently trading at $373.58, as of press time. … Read more
Decentralized finance (defi protocol) Harvest Finance was hacked on Monday for $24 million. The attacker targeted the protocol’s liquidity pools, performing an arbitrage attack using a large flash loan – a type of uncollatarized loan – but later returned $2.5 million. In seven minutes, the hack was complete. Harvest Finance revealed that the hacker “manipulated … Read more
2020 has been the year of stablecoins, as the token supply has doubled in the last three months. The aggregate market capitalization of 28 stablecoins captures over $20 billion on October 4, 2020. While tether still dominates the stablecoin ranks, USDC has been moving closer toward the top ten crypto coins. USDC is also the … Read more
A new Coingecko survey has found that a large number of yield farmers do not know how to read smart contracts despite claiming they understand the risks that come with such investments. According to the survey, which polled 1,347 people, around 40% of decentralized finance (defi) users cannot comprehend the smart contracts they use for … Read more
Crypto data platform CoinGecko has partnered with cybersecurity firm Hacken to incorporate the security of crypto exchanges into its Trust Score metric. Go to Source Powered by WPeMatico
Experts say CoinMarketCap’s update is not good enough after the latest method tweak causes further controversy among the community. Go to Source Powered by WPeMatico
DeFi projects seem to be well known in the cryptocurrency circles surveyed by CoinGecko, but usage is somewhat lackluster, especially for lending protocols. Go to Source Powered by WPeMatico
The recent acquisition of CoinMarketCap by Binance has some in the crypto community speaking out, including CoinGecko CEO Bobby Ong Go to Source Powered by WPeMatico
Book Review – CoinGecko’s ‘How to DeFi’. A great guide for beginners wanting to understand more about Decentralized Finance Go to Source Powered by WPeMatico
The anticipation for the block reward halving for BTC, BCH, and BSV has been building. All three cryptocurrencies will see rewards halved from 12.5 to 6.25 coins throughout the months of April and May. The following is a comprehensive list of websites that are counting down each crypto’s reward halving in different ways, so people … Read more
