Tron to Set Foot Into DeFi but Fails to Impress Crypto Twitter
Justin Sun announced three upcoming DeFi products from Tron, but crypto Twitter didn’t seem impressed. Go to Source Powered by WPeMatico
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Trouble in Defi Paradise: Compound-Issued DAI Surpasses DAI in Circulation
A number of cryptocurrency proponents have been discussing the stablecoin DAI this week, as the DAI allegedly held on the Compound platform is much larger than what is recorded in circulation. At press time, Compound statistics show there’s $523 million worth of DAI held in reserves, while the web portal daistats.com shows there’s only 160 … Read more
‘Sophisticated’ Hacker Plunders $450,000 From Defi Protocol Balancer
Decentralized finance (Defi) protocol Balancer was on Sunday hacked for more than $450,000 worth of cryptocurrency. In two separate transactions, an attacker targeted two pools containing Ethereum-based tokens with transfer fees – or so-called deflationary tokens. Pools with Sta and Stonk tokens were affected by this exploit, Balancer, an automated market marker protocol, said on … Read more
The Code Is Key: Solutions for Overcoming DeFi Security Breaches
The DeFi sector can embrace a positive future by following comprehensive security audits and by ensuring best practice in due diligence and quality assurance. Go to Source Powered by WPeMatico
DeFi Platform Celsius Hits $1 Billion in Cryptocurrency Deposits
Decentralized finance platform Celsius Network has crossed $1 billion in total cryptocurrency deposits. Go to Source Powered by WPeMatico
For the Blockchain Industry, the COVID-19 Clock Is Ticking
The crypto industry has the best historical moment to change the discourse about crypto and its reputation into a successful innovative tech sector. Go to Source Powered by WPeMatico
Conquering Decentralized Finance: Enter the Custodians
As decentralized finance becomes a principal focus for both investors and companies alike, custodians will ease their entry, making DeFi the future of finance. Go to Source Powered by WPeMatico
Bitwala Launches Bitcoin Interest Account With up to 4.3% Annual Rate
Neobanking service provider Bitwala on Thursday introduced a new account that offers its 80,000 European customers passive bitcoin (BTC) income. The Bitwala Interest Account allows users to earn up to 4.3% interest per annum for BTC held at the bank. According to the Berlin-based company, account holders can buy bitcoin at Bitwala from as little … Read more
Award-Winning Filmmaker Torsten Hoffmann Launches Bitcoin Documentary Cryptopia
This week filmmaker Torsten Hoffmann launched the cryptocurrency-infused documentary “Cryptopia: Bitcoin, Blockchains and the Future of the Internet.” Cryptopia discusses the powerful economy and flourishing ideas that stemmed from Satoshi’s invention through the eyes of some of the industry’s well known movers and shakers. Cryptopia: Bitcoin, Blockchains and the Future of the Internet The three-time … Read more
Bitcoin Cash DeFi Startup Raises $1 Million in Seed Round
Bitcoin Cash startup General Protocols has raised more than $1 Million seed for its DeFi vision. Go to Source Powered by WPeMatico
