Fintech enabler Plaid is quietly working with at least two decentralized finance (DeFi) startups.
The vast majority of DeFi projects still have the ability to enter ‘God Mode’ and unilaterally make changes to pretty much everything.
The total value of stablecoins has now surpassed $20 billion, reflecting the growing demand of investors looking to hedge their risks in both crypto and traditional markets amid the coronavirus pandemic.
It’s fair to say that it’s been a slow past few weeks for the decentralized finance space.
The post Yearn.finance (YFI) yields are plunging: is this a risk for the Ethereum DeFi darling? appeared first on CryptoSlate.
According to CryptoQuant CEO Ki Young Ju, Bitcoin whale inflows are decreasing.
The post CEO: Dropping whale inflows positive for Bitcoin, lifeline for DeFi market? appeared first on CryptoSlate.
Leading DeFi protocols are rushing to implement Layer 2 to ease the burden of high gas fees.
As Bitcoin and especially Ethereum’s DeFi ecosystem has drawn down from its recent highs, analysts have been left wondering what phase of the market cycle are cryptocurrencies in.
The post Synthetix’s founder: crypto and DeFi still in the earliest inning of its next growth cycle appeared first on CryptoSlate.
After initially voting to do so, the Maker community will not compensate investors who lost big on the lending platform during “Black Thursday’s” price rout.
A group of around 50 crypto influencers was busted in an unsuccessful attempt to pump $FEW after screenshots of their closed Telegram group surfaced on Twitter.
The post The short and sad story of $FEW, an unsuccessful attempt to recreate $MEME appeared first on CryptoSlate.
Uniswap’s week-old governance token is outperforming more established cryptocurrencies Wednesday.