Tag: defi news

Jan 07 2021

Ethereum price aims for January 2018 highs at $1,400 as staking on Ethereum 2.0 soars

Jan 07 2021 Published at Coingape under tags  altcoin news defi news ethaud ethbkrw ethbrl

Ethereum soars to new yearly highs while buyers target highs above $1,400 in the short term. ETH 2.0 staking hits 2% of the total Ethereum supply, thus reducing the overhead pressure. Ethereum...

Jan 01 2021

1Inch Token Update: 1Inch DEX Aggregator Records Significant Trading Volume Post Governance Token Launch

1Inch, a new DEX aggregator platfrom that allows users to swap ETH across major DEX protocols, launched its...

Dec 31 2020

COVER Hack: Cover Protocol and Binance Announce Compensation Plan for Hack Victims

Dec 31 2020 Published at Coingape under tags  altcoin news binance btcbrl btcbusd btceur

Cover Protocol, a Defi insurance protocol was recently exploited by a white hat hacker minting an infinite...

DeFi News: Uniswap [UNI] Liquidity Pool Crosses $2B, UNI Price Gains 25% in Last 24 Hrs

Dec 31 2020 Published at Coingape under tags  altcoin news defi news ethaud ethbtc ethbusd

Unsiwap, a popular DEX protocol finally saw its liquidity pool cross $2 billion while the UNI price soared by 25% in last 24hrs. Uniswap market cap crossed $2 Billion for the first time after the termination of the popular UNI...

Dec 28 2020

Cover Protocol Exploit Takes a Bizzare Turn, Hacker Returns All The Funds With an Important Message

Cover Protocol exploit just took an interesting turn as the exploiter has returned all the stolen funds around 4350 ETH back to the deployer with an important message that read, Next time...

Dec 25 2020

DEX Platform 1Inch Launches its Utility and Governance Token, Crosses $3 Post Binance Listing

Dec 25 2020 Published at Coingape under tags  1inch defi defi news dex ethaud

1Inch, an upcoming decentralized exchange aggregator service has released its utility and governance token today that would be represented by a ticker symbol "1INCH." The newly released token would be used for automated market maker protocol and its decentralized exchange aggregator service. With the launch of the token, the defi aggregator service provider would now The post DEX Platform 1Inch Launches its Utility...

Dec 22 2020

DeFi Protocol Synthetix Launches New Staking Platform

Dec 22 2020 Published at Coingape under tags  defi defi news snx staking synthetix

Synthetic token DeFi protocol Synthetix has just launched a new platform with a range of staking and earning options for users. The decentralized finance protocol stated that the new interface has been rethought from the ground up to provide the best staking experience for holders of its native SNX token. The new staking dApp aligns The post DeFi Protocol Synthetix Launches New Staking...

Dec 19 2020

DeFi News: SushiSwap Breaches Key Resistance of $3 Post Morgan Stanley’s Bullish Push

Dec 19 2020 Published at Coingape under tags  defi defi news ethbtc etheur ethjpy

SushiSwap, the infamous fork of Uniswap which was in the limelight recently for all the wrong reasons seems to be gaining market confidence as the price of the defi token breached the key resistance of $3 today. The defi token was at the center of an...

Dec 15 2020

SushiSwap and Synthetix lead DeFi tokens in recovery amid widespread consolidation

Dec 15 2020 Published at Coingape under tags  altcoin news defi news news price analysis snx

The cryptocurrency market is in consolidation but SNX and SUSHI are flying the bullish flag high. Synthetix is poised for a 60% upswing above the ascending triangle pattern. The...

Dec 14 2020

Compound Finance Vote on DAI Liquidation Compensation Nearing Close

Dec 14 2020 Published at Coingape under tags  comp compound finance dai defi defi news

A governance vote on the Compound Finance DeFi platform regarding compensation for users that lost finds through DAI liquidations is just hours away from conclusion with votes against dominating. The thirty-second governance proposal would distribute COMP tokens to offset losses incurred by liquidated DAI stablecoin positions. As it stands, a majority vote of 76% is The post Compound Finance Vote on DAI Liquidation...

Dec 12 2020

DeFi News: PolkaStarter [POLS] Token Price Surges In The Wake of Second IDO Announcement

Dec 12 2020 Published at Coingape under tags  altcoin defi defi news ethbtc ethbusd

Polkastarter [POLS], one of the upcoming DEX launching its platform on December 17 recorded a massive price rally, seeing the price of POLS token move from a daily low of $0.390 to a daily high of $0.566. The current price rally comes...

Dec 10 2020

Polkastarter Announces DEX Launch Date, POLS Pumps 40%

Dec 10 2020 Published at Coingape under tags  defi defi news dot news polkadot

Having a blockchain network is no longer enough in today’s busy crypto industry. An automated market maker or decentralized exchange is a must and the latest to launch will be Polkastarter from Polkadot. Polkastarter...

Dec 09 2020

Chainlink on the cusp of a massive rebound after dumping over 10% in a matter of hours

Chainlink seeks a formidable anchor at $11 to plan the next recovery mission. The double-bottom pattern on the 4-hour chart hints at a possible rebound to $15. Chainlink is leading the correction in the decentralized finance (DeFi) ecosystem after losing over 10% of its value since Tuesday. The...

Dec 07 2020

Editorial: Why Defi based Forex Is a Potential Multi Billion Dollar Industry?

Dec 07 2020 Published at Coingape under tags  altcoin circle defi forex defi news ethaud

Decentralized Finance(Defi) has managed to grab the attention of the world with its mammoth rise, primarily because of the passive...

Linkswap Liquidity Pools Launched With $6 Million Staked in 6 Hours

Dec 07 2020 Published at Coingape under tags  defi news linkswap yfl yf link

The decentralized Linkswap exchange has just launched a range of liquidity pools for farming its native YFL token but prices are down on the day despite $6 million being staked in the first few hours. The DeFi automated...

Dec 03 2020

Chainlink recovery hampered under $14.5 but these key support levels hold the fort

Chainlink holds above the critical support provided by the 50% Fibo in conjunction with the 100 SMA. LINK/USD could resume the uptrend as long as the price reclaims the position above $14 and holds the 50% Fibo support. Chainlink’s upside recently hit a wall amid the recovery from the Thanksgiving Day crash to $11. Several The post Chainlink recovery hampered under $14.5 but...

Nov 19 2020

SushiSwap TVL Surges to $1Bn Despite More Fund Access Concerns

Nov 19 2020 Published at Coingape under tags  defi defi news sushi sushiswap

Uniswap clone SushiSwap has been the primary beneficiary of the collateral exodus from the leading DEX. However, more coding issues have emerged that could result in anonymous addresses accessing those funds. When Uniswap...

Nov 18 2020

Chainlink holders patiently waiting for the ultimate liftoff to $18

Amount of LINK held by top-non exchange holders at a near all-time high as price breaks above $14. LINK/USD is largely in the hands of the bulls but higher support above $14 is need for the final...

Nov 17 2020

Uniswap Liquidity Plunges by 45% After UNI Liquidity Rewards Program Ends

Nov 17 2020 Published at Coingape under tags  defi news sushsiswap unieur unigbp uniswap

Uniswap, the number one DEX platform saw a massive dip in its on-chain liquidity as the popular UNI liquidity mining rewards program came to an end on September 17. The liquidity movement out of the exchange was expected as the rewards for the...

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