The question of whether DeFi protocols have been sufficiently secured is one which has gone unanswered thus far as hacking incidents continue to hit various DeFi projects in the space.…
Sushiswap took the crypto world by storm two weeks ago with its market capitalization surging to a high of more than $1.4 billion, usurping the market’s largest decentralized exchange Uniswap…
Unlike the traditional financial system where almost-zero interest rates are being offered to investors, the exuberant annual percentage yields (APY) offered by many DeFi projects are what brought investors to…
Last week, the SushiSwap incident caused the market to panic sell, decentralized finance (DeFi) market capitalization plunged by almost 50% as the majority of traders got burnt in the SushiSwap…
Innovations in the DeFi space continue to pile up, this time from one of the year’s biggest DeFi winners yearn.finance (YFI). According to a blog post by Andre Conje, founder…
Yearn.finance (YFI) has made huge leaps in growth in the past few weeks, so much so that another version, called Soft yearn.finance (SYFI) was created. It is known for being…
Crypto experts have been cautious about the DeFi craze and the too-good-to-be-true rewards DeFi projects are offering one after the other, voicing their concerns over the crypto community going ‘too…
It has not been a good start of the week for
crypto, setting a bearish tone for the rest of the week as we head further into
September. While Bitcoin has recovered
marginally…
The rise of Sushiswap came swift as it enjoyed unparalleled hype last week after its launch, but it took only less than a week for that popularity to come tumbling…
Over the past weekend, the crypto market faced yet another turbulence as Bitcoin prices plunged by $2,000, leaving the DeFi sector trembling. The big headlines emerged on Sunday as the…