The Fairfax County Retirement Systems will invest in yield farming schemes. Chief investment officer Katherine Molnar spoke about the strategy in an interview. The regulatory landscape in the U.S. is changing, and with that, more incumbent...
Quick take: The team at Waves (WAVES) has announced a DeFi revival plan meant to make its users whole and restore the full functioning of protocols in its ecosystem. The plan aims to fix USDN’s depeg...
Quick take: The popularity of DeFi has led to Wrapped Bitcoin’s supply more than doubling in the month of August WBTC is an ERC20 token pegged to the price of Bitcoin It gives Bitcoin the flexibility...
In brief: The team at Weiss Ratings has cautioned investors against using Tether (USDT) They cite that USDT is not 100% backed by fiat and Tether is running like a fractional reserve bank They recommend USDC...
Cross-chain bridge Wormhole has won the governance vote to become Uniswap's official bridge to BNB Chain. It will be used by Uniswap V3 for cross-chain governance messaging between Ethereum and BNB Chain.
Summary: Wrapped Bitcoin (BTC) has flipped the market cap of Bitcoin SV (BSV) $320 Million in market capitalization separates the two assets Demand for Bitcoin on Ethereum continues to increase and has fueled the growth of...
Friend.tech competed with top-ranked DeFi platforms like Uniswap and Lido Finance, generating around $1.42 million in fees. The social tokenization app also contributed to activity on Base, the recently launched L2 network incubated by Coinbase. Community...
In summary: Yam Finance successfully migrated to YAMv2 on August 22nd at 4:20 pm UTC. The move comes after a bug was discovered in the first iteration of the DeFi platform. The discovery of a rebasing...
In summary: Yearn Finance (YFI) has eclipsed Bitcoin’s value and posted a new all-time high of $16,700. The popularity of DeFi is one reason YFI is gaining in the market. YFI has a very low circulating...
Quick take: The supply of Yearn Finance (YFI) is 700 times lower than that of Bitcoin Like Bitcoin, YFI is valued at the $30k area with a current value of $32,300 The project has lately merged...
Quick take: The Yearn Finance (YFI) ecosystem is once again showing signs of life Yearn Finance’s transaction count hit a new all-time high of 11.3k on the 7th of November YFI has rebounded hard from a...
Quick take: Popular DeFi tokens such as YFI, COMP, SUSHI and CRV are down by over 60% since their all-time high values DeFi tokens continue to correct due to the current crypto market environment The overall...