DeFi
MakerDAO's DAI Stablecoin Breaks $1B Market Cap
The stablecoin dai (DAI) broke a market capitalization of $1 billion on Wednesday, a major milestone for the DeFi pioneer.
Flash Loans Aren’t the Problem, Centralized Price Oracles Are
Flash loans attacks have received a lot of press attention. But they're not DeFi's biggest vulnerability, says Chainlink's CMO.
Ethereum Heavyweights Launch LiquidStake Loans to Ease Eth 2.0 ‘Lockup’
LiquidStake will allow Eth 2.0 stakers to take out USDC loans against their staked assets while earning staking rewards from the new network.
TrustToken Taps Chainlink for On-Chain Proof of Reserves for TrueUSD Stablecoin
The transparency measure is meant to provide additional certainty for decentralized finance (DeFi) traders who often rely on asset-backed stablecoins.
Nearly $360M in Bitcoin Moved to Ethereum in October Despite DeFi Cool-Off
October’s growth is less than half of September’s 68,000 newly tokenized bitcoins.
Market Wrap: Bitcoin Flat at $15.3K; Crypto Locked in DeFi at All-Time High
Bitcoin’s price takes a break while DeFi value locked is at record levels.
Kadena Partners With Stablecoin-Maker Terra in Bid to Expand Its DeFi Offering
The hybrid blockchain maker Kadena, said Tuesday it has partnered with Terra and will be adding Terra’s stablecoin luna to its decentralized exchange Kadenswap.
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.
Buggy Code in This Compound Finance Fork Just Froze $1M in Ethereum Tokens
Some $1 million in Ethereum tokens is locked in a new DeFi app after its developers made changes to the protocol’s contracts.
Binance Recovers $344K From Scam DeFi Project Launched on Its Platform
Having raised the funds at launch on Binance Smart Chain in October, the operator fled with users' cryptocurrency "within an hour," Binance said.
