Top 5 cryptocurrencies to watch this week: BTC, ETH, UNI, ATOM, COMP
Bitcoin price fell back into the descending triangle but this dip may attract buyers to altcoins and DeFi tokens in the short term. Go to Source Powered by WPeMatico
Compound
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Second-Generation Lending Protocol Lendefi Is Coming for Compound’s Crown
PRESS RELEASE. Lendefi is a brand-new protocol aiming to provide opportunities such as lending and borrowing, leveraging and investing. Lendefi is an innovative second-generation DeFi lending protocol that allows lenders to earn interest on stablecoin deposits, and for borrowers to obtain undercollateralized loans (UCLs) to invest in popular digital assets. The main advantage of Lendefi … Read more
2020’s DeFi craze: The best, worst and fishiest projects in crypto
DeFi, like crypto as a whole, features brilliant and questionable projects in equal measure. Go to Source Powered by WPeMatico
DeFi community raises centralization concerns over Compound Chain
Ethereum proponents and DeFi enthusiasts alike have panned plans by Compound Finance to launch its own blockchain in 2021. Go to Source Powered by WPeMatico
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. Go to Source Powered by WPeMatico
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. Go to Source Powered by WPeMatico
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. Go to Source Powered by WPeMatico
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. Go to Source Powered by WPeMatico
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 … Read more
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. Go to Source Powered by WPeMatico
