CipherTrace Report: DeFi Protocol Hacks Contributed Majorly to 2020’s Crypto Thefts

The DeFi summer of 2020 witnessed ‘rug-pulls’ left, right, and center. DeFi Landscape Saw Major Crypto Thefts Blockchain technology and cryptocurrency analysis firm CipherTrace recently released the 2020 Cryptocurrency Crime…

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SBF leads $50M funding round to bring DeFi to Maps.me’s 140M users

A travel and mapping application with 140 million users worldwide has raised $50 million to integrate decentralized finance protocols into its platform.

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Solana (SOL) trading volume soars as DeFi investors seek ETH alternatives

The DeFi sector is booming again and the need for fast, scalable, Ethereum alternatives has sent Solana (SOL) trading volume to record-highs.

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DeFi platform 1inch releases governance and utility token

The 1INCH tokens will govern both the platform’s automated market maker protocol and its DEX aggregator.

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DeFi boom and Bitcoin rally position NEXO to close 2020 with a 480% gain

Bitcoin is currently the center of attention but savvy investors have also noticed that Nexo token has rallied 480% in the last 3 months.

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A million down, a billion to go: How does DeFi reach mass adoption?

A report this weekend claimed that DeFi has reached a million users, but the emerging financial vertical has a long road to travel towards widespread success.

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Yearn Merges With Cover, DeFi Protocol’s 4th Deal in a Week

Yearn is “joining forces” with market coverage provider Cover, capping a busy week for the decentralized finance (DeFi) protocol.,

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Proposed Amendment to DeFi Swap Yield Multiplier

We’ve taken feedback from the community and are proposing a new approach to calculating the CRO DeFi Yield Multiplier for users with multiple CRO stakes in DeFi Swap Boost. DeFi…

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Tezos upgrade reduces smart contract fees by 75% to attract DeFi

Tezos is seeking to attract DeFi developers, implementing a protocol upgrade that reduces smart contract gas fees by roughly 75%.

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Market Wrap: Bitcoin Loses Steam at $15.9K; Over 600K ETH Yanked From DeFi

Bitcoin’s price was close to $16,000 Friday but lost momentum while ether locked in DeFi is on a downward trend.

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