DeFi Archives - Page 3 of 3

Binance Halts Trading of Hacked DeFi Project Cover Protocol, Token Crashes

December 28, 2020

DeFi project Cover Protocol becomes the latest project to be attacked by the hacker. The person behind the recent attack exploited the Blacksmith Farming contract of the project to mint infinite Cover tokens....

DeFi Platform 1inch Launches Governance And Utility Token

December 25, 2020

DeFi platform 1inch launches governance and utility token. According to an announcement on December 25, the team behind the DeFi platform 1inch is introducing a governance and utility token. The 1INCH token w...

Binance CEO Says DeFi Is Here To Stay Despite Indications Of Bubble

November 17, 2020

Binance CEO says DeFi is here to stay, despite indications of bubble. Changpeng Zhao, CEO of Binance, the world's largest crypto-currency exchange, said that despite several DeFi ventures showing signs of bei...

DeFi Craze Propels Uniswap Monthly Volume To $15.3B, Surpassing Coinbase

October 4, 2020

Data from Dune Analytics shows that in the month of September Uniswap decentralized exchange processed $15.371 billion in volume. In the same period, reports indicate that Coinbase processed $13.6 billion. T...

Emin Gün Sirer’s $42 Million Blockchain For DeFi Scaling Has Launched

September 23, 2020

Avalanche, a blockchain offering scalability to the world of decentralized finance took its mainnet live on Sept. 21. "From Snowflake to Avalanche, the decentralized platform has come a long way, and its jou...

OKEx CEO Lambasts Binance’s Changpeng Zhao for Promoting Questionable DeFi Projects

September 18, 2020

OKEx CEO Jay Hao called out Binance and its CEO Changpeng Zhao for their recent support of certain DeFi projects. He also claimed that Binance Smart Chain, or BSC, is highly centralized, noting that it is who...