Ethereum proponents and DeFi enthusiasts alike have panned plans by Compound Finance to launch its own blockchain in 2021.
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Category: Compound
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Compound refused to compensate victims of unfair liquidation — Here’s why
Compound governance refused to compensate COMP farmers right now, but the proposal may come back.
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Compound Finance founder says that CeFi will embrace DeFi
Speaking at a DeFi summit, Compound Finance founder Robert Leshner is confident that CeFi will embrace DeFi.
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DeFi and NFT tokens rally higher as Bitcoin price drops below $19,000
Bitcoin price is correcting and most of the crypto market is red, but strong fundamental factors are pushing select DeFi and NFT tokens higher.
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Compound liquidator makes $4M as oracles post inflated Dai price
DAI reached a price of $1.3 on Uniswap and Coinbase, the two exchanges used by Compound’s oracles.
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Exploits and Flash Loans Are Just the Beginning, Defi Economy Is Less Private Than People Think
Decentralized finance otherwise known as defi has climbed significantly in value this year, as the total value locked (TVL) in defi today is over $14 billion. Meanwhile, numerous defi platforms are getting attacked with flash loans and there are so many new defi projects, it’s hard to keep track of them all. Moreover, while many […]
The post Exploits and Flash Loans Are Just the Beginning, Defi Economy Is Less Private Than People Think appeared first on Bitcoin News.
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DeFi the odds: Total user numbers up 55% in just six weeks
Decentralized finance users steadily increased by 40% during October, despite many DeFi tokens posting heavy losses for the month.
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$100 Million Accelerator Fund from Binance Now Supports PARSIQ, a Reverse-Oracle Blockchain Platform
PRESS RELEASE. PARSIQ is a working platform that makes blockchain events consumable and blockchain data actionable. It allows users—both individuals, companies, enterprises—to monitor any events across different blockchains in real-time and at scale and connect those events to any off-chain apps or devices to automate different workflows. A blockchain-to-everything monitoring service PARSIQ was announced to […]
The post $100 Million Accelerator Fund from Binance Now Supports PARSIQ, a Reverse-Oracle Blockchain Platform appeared first on Bitcoin News.
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Major Defi Token Prices Plunge, as Money Moves Back Into Bitcoin
Major decentralized finance (defi) projects fell sharply in October, with token prices tumbling by between 30% and 56%, as money appears to be moving away from the overhyped space and back into bitcoin. According to Coingecko data, Andre Cronje’s Yearn Finance (YFI) fell fastest, crashing 56% to around $10,400 as of Nov. 1, down from […]
The post Major Defi Token Prices Plunge, as Money Moves Back Into Bitcoin appeared first on Bitcoin News.
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Kraken CEO: ‘Defi Scams’ Must Take Their Losses as Way to ‘Enlightenment’
Jesse Powell, chief executive officer of the world’s fourth-largest crypto exchange Kraken, has criticized decentralized finance (defi) projects, accusing them of being “scams” that enter the market too quickly, unprepared. In a charged Oct. 26 tweet, Powell said the “scams” should not expect crypto exchanges to bail them out once things go wrong. Preferring to […]
The post Kraken CEO: ‘Defi Scams’ Must Take Their Losses as Way to ‘Enlightenment’ appeared first on Bitcoin News.
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