Defi Financial News

19.05 / 13:03

Stablecoin defi MARKET Tether Terra Redemptions Tether in the Spotlight After USD 9B Worth of Redemptions

The popular stablecoin tether (USDT) is again the subject of unwanted attention after approximately USD 9bn has been redeemed for US dollars by users in the aftermath of the terraUSD (UST) collapse.

19.05 / 12:19

Blockchain Technology defi play What is Sorare and how to play it?

Sorare is where fantasy soccer and cryptocurrency meet. For soccer fans, this is a way to be competitive off the field and invest heavily right away. Users can play the game online in their browser or download the Sorare app. In this article, you will read all about what exactly Sorare is and how it works.

19.05 / 11:01

cryptocurrency defi CRYPTONEWS Babel Finance Used Collateralized eNote on FQX’s Solana dApp via Fireblocks

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

19.05 / 11:01

cryptocurrency NFT defi Solgem.Finance: Unleash Full DeFi Potential and Become a Part of the Ecosystem

Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.

19.05 / 00:15

markets NFT defi Token Burn Socios fan tokens rally 40%+ after Chiliz rolls out mainnet upgrade and token burn plan

In times of high stress and market turmoil, sports entertainment has served as a valuable escape for people around the world as they get a chance to root for their favorite players and teams while briefly forgetting about the worries of the world.

18.05 / 18:27

cryptocurrency defi CRYPTONEWS Top 5 Most Promising DAOs In 2022

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

18.05 / 18:03

Blockchain Ethereum defi Polygon Polygon partners with Orbs and DeFi.org to launch an accelerator program

In a new development for the decentralized finance space, Ethereum scaling platform Polygon has partnered with layer-3 project Orbs to launch a program that supports DeFi builders through the DeFi accelerator platform DeFi.org.

18.05 / 16:23

Adoption defi Investments New survey sheds light on people's concerns about investing in crypto

While some people believe in the long-term potential of cryptocurrency, others are hesitant to put money in because of different concerns. A recent study conducted by Coupon Follow found out that the majority of people who haven't invested in cryptocurrency cite worries such as volatile value and restricted applications, environmental impact, as well as regulatory concerns.

18.05 / 13:05

Stablecoin defi MARKET USDC Terra Updates Fantom Stablecoin DEI Remains Below Dollar Peg For Third Day, No Updates from the Team

DEI, a hybrid algorithmic stablecoin of decentralized finance (DeFi) protocol DEUS Finance, has failed to restore its intended peg, currently trading under one dollar for the third day.

18.05 / 11:57

markets defi Trading Analysis Aave price risks a 25% plunge as a classic bearish reversal pattern emerges

Technical analysis suggests that a recent uptrend in the price of Aave (AAVE) is showing signs of exhaustion based on early development of a classic bearish reversal pattern.

18.05 / 11:07

Blockchain defi Gaming Horror gaming project integrates metaverse, NFTs and P2E to cause extreme fear

After decentralized finance (DeFi) and nonfungible tokens (NFTs) made headlines last year, the play-to-earn concept has also been gaining momentum across the crypto community.

18.05 / 10:53

cryptocurrency defi CRYPTONEWS Financial Financial Wealth? Try Mountanaz (MNAZ), Hedera (HBAR), and Stellar (XLM)

Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.

17.05 / 18:17

cryptocurrency defi CRYPTONEWS Crypto Growth Hack: Why Gnox (GNOX) Presale on Binance (BSC) is Easy Gains

Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.

17.05 / 14:55

Blockchain Ethereum Adoption defi 2022, the Year Layer 2 Takes Off

Will Harborne is the Founder and CEO of non-custodial exchange DeversiFi.

17.05 / 14:51

Adoption NFT defi Metaverse Fireblocks introduces Web3 Engine with developer tools to accelerate ecosystem growth

As the world accelerates towards a decentralized future, Fireblocks, a digital assets custody platform, announced the launch of their new Web3 Engine to help foster the development of the Web3 ecosystem.

17.05 / 06:15

business NFT defi coinbase Coinbase unveils Web3 mobile Dapp and DeFi wallet and browser

America’s largest crypto exchange Coinbase has rolled out Web3 app functionality including a hot wallet and browser for a limited set of its mobile app users.

17.05 / 00:47

markets defi Altcoin BIFI gains 100%+ after Beefy Finance adds new vaults and stablecoin liquidity pools

Winston Churchill’s statement to “never let a crisis go to waste” can be applied across many aspects of society, including the recent carnage seen in the crypto market. Last week's volatility is likely to have newer investors and those who took on heavy losses questioning the future of the burgeoning asset class, but in every bear trend there is a silver lining.

16.05 / 22:37

Blockchain Technology defi Do Kwon proposes Terra hard fork to save ecosystem

On Monday, Do Kwon, co-founder of the troubled Terra Luna blockchain, announced a revised plan to restore the ecosystem after a combination of significant market volatility and inherent protocol design flaws wiped out a vast majority of the blockchain's market cap. As told by Kwon, Terraform Labs will put forth a new governance proposal on May 18 to fork the Terra Luna blockchain called Terra (token name: LUNA). However, the new chain will not be linked to the TerraUSD (UST) stablecoin. Meanwhile, the old Terra blockchain will continue to exist with UST and will be called Terra Classic (LUNC). Under Kwon's plan, if passed, the new LUNA blockchain will go live on May 27.

16.05 / 21:45

markets defi Bitcoin AIM Support Bitcoin bulls aim to flip $30K to support, but derivatives data show traders lack confidence

Bitcoin (BTC) bounced 19% from the $25,400 low on May 12, but has investor confidence in the market been restored? Judging by the ascending channel formation, it’s possible that bulls at least have plans to recover the $30,000 level in the short term.

16.05 / 16:35

Blockchain Stablecoin defi Deus Finance’s dollar-pegged stablecoin DEI falls below 60 cents

As the market continues to mourn over losses on the Terra UST and LUNA debacle, DEI, a stablecoin used as a collateral mechanism for third-party instruments built on the Fantom-based decentralized finance (DeFi) protocol DEUS Finance (DEUS), has failed to maintain its dollar peg, falling below 60 cents on Monday.

15.05 / 05:39

business Blockchain defi DEX DAOs, DEXs and whales? How Web3 organizations became the new crypto beasts

Web3 has brought a lot of excitement into the industry, as evidenced by the nearly $50 billion market capitalization Web3 tokens have grown in recent years. The very ethos of Web3 is one of its most attractive traits. It is an ecosystem free from barriers or intermediaries, welcoming to anyone from anywhere and open anytime.

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