Cryptocurrency News
Cryptocurrency companies and service providers need to keep growing and evolving at all times. Coinbase, best known for its exchange and wallet services, is now becoming a gateway to the DeFi ecosystem. Many cryptocurrency enthusiasts have shown a keen interest in the DeFi ecosystem. DeFi and the Coinbase Wallet Using […]
The DeFi ecosystem is getting a lot of attention by cryptocurrency enthusiasts. However, some new research has come to light regarding potential security issues. It is always crucial to keep an eye on security concerns raised by experts. Beware of Blindly Trusting DeFi Apps Especially when those concerns pertain to […]
Current cryptocurrency market circumstances force most traders to enter short positions. It now appears that using DeFi solutions can be rather lucrative in this regard. One Reddit user has documented this entire process. Using DeFi to Short Crypto Markets By using the Dai stablecoin and Basic Attention Token, he netted […]
Many crypto projects have claimed to be the new Bitcoin or improve upon the existing BTC. Most of those projects fail miserably, although pBTC may be an interesting exception. Through pBTC, one can effectively ask their Bitcoin holdings on the Ethereum blockchain. pBTC for DeFi and dApps It is the […]
As if one attack against a DeFi protocol is not enough, bZX keeps generating headlines. The protocol has been “abused” for the second time in less than a week. One could argue that the first incident is not even a hack. bZX Should Just Give up Instead, it is someone […]
A few more details have come to light regarding the recent DeFi hack. The bZX theft raised a lot of questions, and some answers have now been provided. Figures indicate that roughly $360,000 worth of Ether has been earned by a criminal through the platform. A Complex bZX Story Unfolds […]
The world of decentralized finance has yet to be put through a big security audit. For bXZ, such an audit will come too late, as the DeFi protocol has already been hacked. Earlier today, news broke of an incident affecting bXZ. bZX Fails to Secure its Smart Contract Although this […]
The decentralized finance segment continues to fire on all cylinders. DAI lending has always been lucrative yet it appears that the deposit rates will only go higher from here on out. It is uncanny how stablecoins can yield extremely high interest rates in DeFi. The DeFi Interest Rates Continue to […]
A lot has been said about decentralized finance, or DeFi, in recent months. Many people feel this is not the future of ethereum. While those comments are valid, recent statistics show something else entirely. DeFi is in a Very Good Place Roughly $3.3 million in ether has been locked in […]