DeFi
NEAR Surges Over 20% Following Terra UST Integration
Tokens of Near (NEAR) jumped 23% to $10.80 Wednesday following Terra’s announcement UST stablecoins will be supported on the network. “The Hash” panel discusses where this recent update places Near in the competition against other proof-of-stake chains like Avalanche, Solana, and Terra. Plus, the potential significance of having stablecoins on multiple networks as a tool for scaling DeFi.
Uniswap Launches on Polygon, Driving MATIC to All-Time Highs
The popular decentralized exchange has deployed on Polygon in a bid to attract more retail traders.
B.Protocol Raises $2.2M to Backstop DeFi Liquidations
1kx, Spartan Group and Robot Ventures are backing a project that aims to smooth DeFi’s sometimes-hairy liquidation events.
Floki Inu Deposits on Inverse Finance Break $44M Within Hours
Projects founded as meme coins don’t want to remain mere meme coins anymore.
Rari Capital, Fei Protocol Token Holders Approve Multibillion-Dollar DeFi Merger
One of the highest-profile DAO-on-DAO mergers in history has been consummated.
Terra Surpasses Binance Smart Chain as Second-Largest DeFi Protocol
Amidst Terraform Labs' ongoing legal dispute with the U.S. Securities and Exchange Commission (SEC), its decentralized payments network Terra has officially become the second-largest DeFi protocol behind Ethereum. “The Hash” team discusses what separates Terra from its competitors like Solana and Avalanche. Plus, examining the SEC’s ability to regulate overseas companies.
BTC, ETH Down Amid Rising Omicron Fears
As 2021 comes to a close, Strategic Funds Managing Director Marc Lopresti discusses his take on the current decline of the crypto markets, while still taking note of the overall year-end growth of digital assets.
Fantom DeFi Project Grim Finance Exploited for $30M
The hit was one of the largest on the Fantom blockchain.
Chainalysis: DeFi ‘Rug Pull’ Scams Pulled in $2.8B This Year
Crypto investors in 2021 lost over $2.8 billion to “rug pulls,” a colloquial term for a type of crypto scam, according to Chainalysis. This year, the rise in scams reportedly mirrored a general rise in cryptocurrency prices. “The Hash” panel discusses the latest story highlighting the growth and risks of DeFi.
