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Defi News | Blockchain.News

DEFI

Decentralized Finance, DeFi as a concept is to be able to offer almost all the financial services available with legacy and centralized institutions, typically banks, but on the blockchain. Whatever traditional services financial institutions provide can be expected to be offered through DeFi. In short, Defi is blockchain-based financial services that traditional financial services map into, creating new services or derivatives stemming from blockchain's unique features. Although we have had concepts like distributed computing and decentralized computing for decades, DeFi is in fact a new concept and an expansion of the application scope of blockchain as infrastructure.

Yearn Finance (YFI) Sees New All-Time High at $18K—Why is this DeFi Token Valued Higher than Bitcoin?
defi

Yearn Finance (YFI) Sees New All-Time High at $18K—Why is this DeFi Token Valued Higher than Bitcoin?

Yearn.finance (YFI) token has seen a new all-time high, surging past $18K at $18,169, after soaring 30 percent in the past 12 hours.

Aave (LEND) Price Skyrocketed 20,000% This Year—Is DeFi a Bubble Yet to Burst?
defi

Aave (LEND) Price Skyrocketed 20,000% This Year—Is DeFi a Bubble Yet to Burst?

Aave’s bullish momentum has pushed its cryptocurrency LEND towards the top 20 coins by market cap after it took the number one spot in the DeFi market.

Polkadot (DOT) Continues on Bullish Momentum, Becoming the Sixth-Largest Crypto by Market Cap
defi

Polkadot (DOT) Continues on Bullish Momentum, Becoming the Sixth-Largest Crypto by Market Cap

The Polkadot (DOT) token was invited to major exchanges earlier this week and has recorded an ROI of more than 80 percent in the past four days.

Tezos Integrates Harbinger Price Oracle As Network Prepares For DeFi
defi

Tezos Integrates Harbinger Price Oracle As Network Prepares For DeFi

Tezos is taking another step towards decentralized finance (DeFi) with a delegated price feed oracle called Harbinger.

Aave Reaches Highest Total Value Locked in DeFi, Overtaking MakerDAO for Most Collateral Staked
defi

Aave Reaches Highest Total Value Locked in DeFi, Overtaking MakerDAO for Most Collateral Staked

Aave, an open-source and non-custodial lending protocol, recently reached $1.47B of crypto assets staked, overtaking MakerDAO, which has $1.45 billion in TVL.

Coinbase CEO Armstrong and Tech Giant Apple Butt Heads over Crypto and dApps
defi

Coinbase CEO Armstrong and Tech Giant Apple Butt Heads over Crypto and dApps

Coinbase CEO Brian Armstrong has voiced his disappointment over Apple’s lack of flexibility on decentralized applications (dApps) operating on its App store.

Algorand Protocol Stateful Smart Contract Upgrade Targets Scalable DeFi Solutions and Dapps
defi

Algorand Protocol Stateful Smart Contract Upgrade Targets Scalable DeFi Solutions and Dapps

Algorand is entering the decentralized finance (DeFI) ecosystem with its new highly scalable stateful smart contract capabilities.

End of Chainlink’s Bull Run? LINK Developers and Whales Dump Tokens
defi

End of Chainlink’s Bull Run? LINK Developers and Whales Dump Tokens

Chainlink (LINK) recently hit $20 on Binance and has surpassed Bitcoin Cash (BCH) by market capitalization before taking a dive.

Chainlink DeFi Token Soars; DeFi Booms, But Poll Indicates Many Still Don’t Understand It
defi

Chainlink DeFi Token Soars; DeFi Booms, But Poll Indicates Many Still Don’t Understand It

As of now, the decentralized finance (DeFi) industry is valued at $6 billion in value.

Winklevoss Twins Brief David Portnoy on Bitcoin, BTC Talks Continue
defi

Winklevoss Twins Brief David Portnoy on Bitcoin, BTC Talks Continue

American internet celebrity David Portnoy officially hosted the Winklevoss Twins at his house for a long-due conversation regarding Bitcoin (BTC) and cryptocurrencies.

Chainlink Flippens Bitcoin Cash by Market Cap, DeFi Push May Take LINK Price Even Higher
defi

Chainlink Flippens Bitcoin Cash by Market Cap, DeFi Push May Take LINK Price Even Higher

Despite a slight correction seen in the last few days, Chainlink (LINK) has continued to rally higher, reaching another new all-time-high, almost reaching $17.

Jay Z-Backed Ethereum App Platform Officially Opens Doors to Public
defi

Jay Z-Backed Ethereum App Platform Officially Opens Doors to Public

Blockchain startup Alchemy has recently announced that the blockchain developer platform was perfected and now open to any companies or individuals looking to build smart contract-based projects.

Band Protocol (BAND) and Chainlink (LINK) DeFi Tokens Outperform Bitcoin by Gaining 100%
defi

Band Protocol (BAND) and Chainlink (LINK) DeFi Tokens Outperform Bitcoin by Gaining 100%

With the recent boom of the decentralized finance (DeFi) industry, DeFi tokens have undergone more than a 100% gain on the crypto market over the past few weeks, outperforming Bitcoin.

Ethereum Launches ETH 2.0 Multiclient Testnet - Medalla
defi

Ethereum Launches ETH 2.0 Multiclient Testnet - Medalla

Ethereum software developers proudly launched the blockchain project they have been perfecting these past few months, the Ethereum 2.0 multiclient testnet, Medalla.

Solid Bull Run: Why Ethereum Is Up 50% in 10 Days
defi

Solid Bull Run: Why Ethereum Is Up 50% in 10 Days

Ethereum faced a flash crash on August 1, where it plummeted by approximately $90 from $415 in 5 minutes.