[ad_2][ad_1] Summary: Most of the well-known DeFi tokens continued to lose value in the cryptocurrency markets ChainLink (LINK) and REN are two DeFi tokens that will post earnings in October The DeFi industry is currently experiencing what looks like a cooldown after an impressive run in the third quarter of …
Read More »The Defi CVX Index measures the “fear of the market” and the implied volatility of cryptocurrencies
[ad_2][ad_1] The decentralized finance platform (defi) cvx.finance has launched the beta version of its “Crypto Volatility Index”, otherwise known as “CVX”. CVX is an index similar to the “Market Fear Index” (VIX) commonly used in traditional finance, but cvx.finance measures the suggestive volatility of the bitcoin and ethereum options markets. …
Read More »David Marcus of Facebook and Libra asks about Ethereum DeFi
[ad_2][ad_1] Ethereum’s decentralized finance (DeFi) space has received a lot of attention in recent months. This sector of the crypto space has seen a rapid increase in the capital involved as the returns and incentives to use these DeFi applications have increased at a dramatic pace. The data shows that …
Read More »Defi is collapsing, Iran embraces Bitcoin | This week in Crypto
[ad_2][ad_1] Harvest Finance, a digital web platform that allows users to earn interest on their crypto holdings, lost about $ 24 million in USDC and Tether following a recent hack. Executives have claimed to know who the hacker was on Twitter and are now promoting what they think is fair …
Read More »Coin founder Damon Nam is revolutionizing the finance and blockchain industry with his Venture Coin
[ad_2][ad_1] Los Angeles, CA, October 30, 2020 (GLOBE NEWSWIRE) – (via Blockchain Wire) If you’ve been looking into the Blockchain, Cryptocurrency and Decentralized Finance (DeFI) movement for more than five minutes, you’ve probably stumbled upon the name Damon Nam. Damon has been an IT professional for 20 years, a Microsoft …
Read More »Tim Draper tries to “DeFi” the venture capital business with Bitcoin
[ad_2][ad_1] Two years ago, venture capitalist and well-known Bitcoin investor Tim Draper publicly stated that Bitcoin will reach $ 250,000 by 2022. However, as Bitcoin continues to gain interest from investors, Draper revealed to Cointelegraph in an interview that a $ 250,000 price prediction may have been conservative: “I think …
Read More »DeFi yield farming could threaten the security of Ethereum 2.0
[ad_2][ad_1] In the letter Ethereum 2.0 requires people to participate in ETH to secure the network. DeFi protocols offer high returns to ETH stakers. This could leave Ethereum 2.0 high and dry, according to ConsenSys researchers. A ConsenSys report on decentralized finance released yesterday said the launch of Ethereum 2.0 …
Read More »MyEtherWallet’s CEO is “immensely enthusiastic” about DeFi despite the decline
[ad_2][ad_1] MyEtherWallet CEO and founder Kosala Hemachandra brushed aside concerns following a major sell-off in the DeFi market which saw it lose $ 1 billion in value. DeFi tokens such as YFI and LINK have declined exponentially from their peak in late August as investors will re-focus on Bitcoin in …
Read More »ETC builds bridge back to Ethereum … for DeFi
[ad_2][ad_1] In the letter ETC Labs has partnered with Chainsafe Systems to bring DAI stablecoins to the Ethereum Classic blockchain. DAI stablecoins are used in many DeFi applications. ETC has recently undergone several high profile hacks. Ethereum Classic and Ethereum separated much earlier DeFi had captured the minds and ETH …
Read More »Utron DeFi: the advanced technology that connects DeFi and mining
[ad_2][ad_1] What is UTRON? UTRON DeFi is developed as a cutting-edge solution for the mining industry. Its mission is to engage passionate individuals and businesses to access the industrial mining facility more easily than before. Factors such as low cost green electricity, an experienced team, favorable government regulations and advanced …
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