Defi Financial News

31.03 / 00:39

markets Blockchain defi Marketplace DeFi sector TVL rises as investors return to a bullish crypto market

The month of March has been a tale of two halves for the cryptocurrency market and the weakness seen since the start of the year has began to fade. Bitcoin's (BTC) strong move above the $40,000 level is helping to lift sentiment across the sector, and DeFi tokens are also beginning to move upward.

30.03 / 23:01

markets Ethereum defi Aave Aave v3 launch triggers 50% rally from long-term descending channel pattern

The decentralized finance (DeFi) market has been undergoing a period of maturation over the past year and many of last year's fast risers have faded into obscurity but this does not mean the formerly "famous" protocols have not continued to build.

30.03 / 01:47

Ethereum Twitter defi update Updates MetaMask rolls out Apple Pay integration and other iOS updates

ConsenSys-owned MetaMask tweeted a thread of updates on Tuesday for iPhone and Apple Pay users. The main feature is the ability to buy cryptocurrency using a debit or credit card through the mobile application, eliminating the need to transfer Ethereum (ETH) from a centralized exchange like Coinbase into the app.

29.03 / 22:29

markets Ethereum defi Gnosis (GNO) price rallies 50%+ after CowSwap users claim COW airdrop

This week Gnosis (GNO) price notched a swift 50%+ rally after the project took another step forward in its transition to the Coincidence of Wants Procotol, or CoW, an interface that offers traders protection from miner extracted value (MEV).

29.03 / 21:19

markets defi expansion network mars NOT Wonky Mars Protocol launch shows ecosystem expansion may not add to network value

New protocols are launching every day on different networks in the crypto space and the trend is likely to continue through this year. When looking at the top five networks by total value locked (TVL) — Ethereum (ETH), Terra (LUNA), Binance Smart Chain (BSC), Avalanche (AVAX) and Solana (SOL) — according to data from DeFiLlama, Ethereum have 579 protocols (including L1 and L2); Terra has 25, BSC has 348, Avalanche and Solana have 187 and 64 protocols, respectively. The low number of protocols and high TVL from Terra surely stand out as the outlier here.

29.03 / 21:19

Blockchain Ethereum defi Bitcoin This blockchain is using Bitcoin to offer a unique DeFi experience

The crypto industry has come up with a lot to offer to the world, but there’s no denying that decentralized finance (DeFi) is one of the most valuable innovations to come from it.

29.03 / 19:57

Blockchain Technology Ethereum defi Axie Infinity's Ronin bridge hacked for over $600M

According to Axie Infinity's official Discord and Ronin Network's official Twitter thread, along with its Substack page, the Ronin bridge and Katana Dex have been halted after suffering an exploit for 173,600 Ethereum (ETH) and 25.5 million USD Coin (USDC), worth a combined $612 million at Tuesday's prices. In a statement, its developers said they are "currently working with law enforcement officials, forensic cryptographers and our investors to make sure that all funds are recovered or reimbursed. All of the AXS, RON and SLP [tokens] on Ronin are safe right now."

29.03 / 16:11

defi Investment Hedera Hedera Launches USD 155M DeFi-Focused Fund

A development fund worth USD 155m intended to boost the use of the Hedera (HBAR) network in DeFi applications has been announced by the HBAR Foundation.

28.03 / 19:59

markets Ethereum Stablecoin defi Interoperability-focused Stargate Finance (STG) aims to kick off DeFi 3.0

"Stargate Finance" has been trending on Twitter for the past week and while it's too early to call for a full blown DeFi bull market, traders have been shoveling funds into the project which claims to be a “composable omni-chain native asset bridge.”

28.03 / 16:21

cryptocurrency NFT defi Wombat Exchange Raises USD 5.25M in Series A Funding Led by Animoca Brands and Hailstone Ventures

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

26.03 / 22:09

markets Ethereum defi surges Loopring (LRC) price surges by 50% after GameStop NFT marketplace integration

Filling multiple needs within the cryptocurrency community is one way a project can set itself apart from the competition and new attract users and liquidity to its ecosystem.

26.03 / 17:23

NFT defi Gaming Illuvium Is Illuvium the first fun crypto RPG video game?

Blockchain games have been quite popular among crypto enthusiasts for a long time because they use cryptocurrency as an in-game tool.

25.03 / 19:39

defi coinbase avalanche Finance Redefined: Hoskinson talks about DApps, Coinbase Cloud launches Avalanche tools and more

The week was filled with ups and downs for the decentralized finance (DeFi) space, with several tokens registered new weekly highs. Cardano founder admitted he was wrong about his bold prediction on the number of decentralized applications (DApps) in the Cardano ecosystem, and Coinbase Cloud released a new developer tool suite for the Avalanche blockchain.

25.03 / 08:13

Ethereum cryptocurrency defi MetaMints: Establishing the First Native Multi-chain NFTs Marketplace

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

25.03 / 06:19

UPS cryptocurrency defi Platform Crypto Offshoot DeFi Poses New Risks For Investors, Global Regulators Say

DeFi sites claim to be "decentralised" with no single entity exerting control.

25.03 / 01:59

cryptocurrency defi DEX NeoNomad Finance Announcing Its Development of an Ecosystem And IDO Launching

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

25.03 / 01:33

cryptocurrency defi Crypto Trading Derify Protocol Announce Its IDO On Bounce

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

24.03 / 23:37

defi Decentralization Synthetix Synthetix commence debt pool merger to enhance liquidity and staking capabilities

Decentralized finance, or DeFi, protocol Synthetix (SNX) has announced that the deployment of their Debt Pool Synthesis feature will occur on Thursday 9pm through 11pm UTC, expected to impact staking participants in two distinctive categories: SNX inflationary staking rewards and Debt Hedging.

24.03 / 18:19

Blockchain defi Decentralization Proof-of-stake expansion network Everscale developer releases upgrades for DeFi platforms as the network eyes expansion?

On its own, a blockchain is a type of technology. But, like all great technology, when put into application, it is an enabler, helping people to drive business and economic results through real-world use cases. To drive these results, an ecosystem that allows for the creation and development of apps, services and decentralized finance (DeFi) platforms must exist. For example, consider Ethereum (ETH), an ecosystem that creates a basis for thousands of DApps, and a place for millions of users to interact.

24.03 / 17:11

Blockchain defi Polkadot Bitcoin Interlay Interlay aims to advance Bitcoin’s DeFi potential with new interoperable bridge

Interlay, a newly appointed Polkadot (DOT) parachain network, is nearing the completion of a two-year Bitcoin (BTC) bridge development project on Polkadot, with the launch announcement on its sandbox platform Kusama.

24.03 / 17:11

Blockchain defi regulation Marketplace Financial IOSCO says DeFi is quickly evolving and 'cloning financial markets'

As decentralized finance (DeFi) space grows, regulators are giving more effort to conducting research and providing a means to better understand the emerging industry.

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