DeFi

Crypto-asset platform Voyager Digital Ltd (OTCQB: VYGVF) on Thursday secured $75 million from Alameda Research. What Happened: Voyager, which offers investors execution, data, wallet and custody services through its institutional-grade digital assets platform, entered into a strategic alliance...

The Financial Action Task Force (FATF) released its guidance on how decentralized finance (DeFi) services should be regulated. The FATF is an intergovernmental organization tasked with setting financial regulation standards What Happened: On Thursday, FATF updated its 2019...

Even though DeFi coins have remained out of limelight in a bullish cryptocurrency market, Curve Dao Token (CRYPTO: CRV) has outpaced the weekly gains of Bitcoin (CRYPTO: BTC), Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB). What Happened: CRV has skyrocketed 74.49% over a seven-day trailing...

U.S. Securities and Exchange Commission Chairman Gary Gensler said the decentralized finance (DeFi) industry is one of the most innovative areas in the cryptocurrency market, but it can't evade monetary regulations.  He was speaking at Yahoo Finance's All Markets Summit....

Even though it is still in beta, Iota (CRYPTO: MIOTA) now supports smart contracts with the addition of this feature expected to greatly increase IOTA's utility in the long-term, possibly allowing it to compete with Ethereum (CRYPTO: ETH). What Happened: According...

The success of Bitcoin (CRYPTO: BTC) inspired a number of imitators, including Dogecoin (CRYPTO: DOGE). Dogecoin was created as a joke to satirize Bitcoin using a popular meme of a shiba inu dog. When the price of Dogecoin took off itself, dozens of other shiba inu-inspired cryptocurrencies and...

Shiba Inu's (CRYPTO: SHIB) team decided to step up its game even more after recently seeing massive gains surpassing Dogecoin (CRYPTO: DOGE). What Happened: In a Thursday tweet, Shiba Inu's team announced that it partnered with crypto payment processor NOWPayments to allow its SHIB,...

Bitcoin (CRYPTO: BTC) is taking a breather after running up yesterday as the global cryptocurrency market capitalization rose 0.65% to $2.29 trillion. What Happened: The apex coin traded 1.26% lower at $54,144.86 over 24 hours. Over a seven-day trailing period, BTC has fallen 23.69%. Ethereum (...

George Soros’s hedge fund has confirmed it is trading cryptocurrencies and owns “some coins.” What Happened: Dawn Fitzpatrick, CEO of Soros Fund Management, told Bloomberg she views Bitcoin (CRYPTO: BTC) as more than an inflation hedge. “I’m not sure Bitcoin...

Security of funds in the decentralized finance (DeFi) sector is a cornerstone of the industry. The spring of 2021 brought several hacks that siphoned off large volumes of user funds: in March, hackers got into PAID and stole 2,000 ETH worth $3 million, in April they stole $50 million worth of...

Two popular cryptocurrency technical analysts are predicting rallies for some decentralized finance (DeFi)-based cryptocurrencies even as Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) grab the limelight. The Coins: Popular crypto analyst Michaël van de Poppe said on Twitter that one of...

An upgrade gone wrong to the decentralized finance protocol Compound Finance (CRYPTO: COMP) has led to a bigger loss. What Happened: According to Compound Labs' founder and Chief Executive Officer Robert Leshner, 490,000 Comp worth around $160 million is at risk.  After...

The total value locked (TVL) — arguably an equivalent of traditional finance's assets under management — of decentralized finance (DeFi) protocols exploded over the last year and is a testament to the staggering growth this industry is seeing. What Happened: According to...

Decentralized Finance or DeFi has been buzzing ever since China issued its latest ban on cryptocurrencies. These are some DeFi coins that have outpaced the year-to-date returns of Dogecoin (CRYPTO: DOGE), Tesla Inc (NASDAQ: TSLA), and Apple (NASDAQ: AAPL) as of the time of writing on Thursday....