Kyber Network, the ethereum-based protocol focused on aggregating liquidity and facilitating swaps for ERC-20 tokens, is about to launch a major upgrade.
Bitcoiners Are Building a Sidechain Version of Ethereum’s MakerDAO
The bitcoin community may soon have its own version of ethereum’s flagship decentralized finance (DeFi) platform.
Developer Flags Big-Money Loophole for Stealing All the ETH in MakerDAO
An ethereum developer has flagged an attack on MakerDAO that could turn $20 million of MKR into $300 million of ETH.
Decentralized Liquidity Is the Backbone of DeFi
How decentralized liquidity venues govern the health of DeFi.
Placeholder Leads $2 Million Seed Round for DeFi Services Provider Zerion
DeFi services provider Zerion has raised $2 million from Placeholder, Blockchain and others to build out its team.
Algorand 2.0’s New Non-Turing-Complete Smart Contracts Are a Feature, Not a Bug
Thursday’s Algorand 2.0 upgrade adds decentralized finance (DeFi) features and smart contracts to the $108 million blockchain.
DAI Is Moving Beyond Ether, But DeFi Isn’t Decentralized Just Yet
MakerDAO may be diversifying the assets it works with, but it has a long way to go to decentralize the power to make key decisions.
DeFi Startup Compound Finance Raises $25 Million Series A Led by A16z
It’s one of the largest venture capital investments in a decentralized finance (DeFi) startup to date.
Bithumb Wants User-Created DEXs With Its New Blockchain Ecosystem
Bithumb Global is launching an “exchange-as-a-service” platform through its new namesake blockchain platform.
Lending Protocol Founders to Launch ‘Neo-Bank’ Offering Interest on USDC
The founders of Nuo are launching Juno, which will offer a smart-contract wallet with 5.5 percent interest on USDC in a bid to attract retail users.
InstaDApp DeFi Site Raises $2.4 Million From Prominent Crypto Investors
The fourth-largest dapp in DeFi, InstaDApp, is now backed by Naval Ravikant, Balaji Srinivasan, Coinbase Ventures and others.
Sequoia-Backed Startup Enters DeFi Market With Bitcoin Binary Options
Band Protocol launched its binary options dapp Monday, allowing users to make predictions on bitcoin’s price swings.
Ripple’s Xpring Looks to Build XRP DeFi Products With New Acquisition
Nine Logos engineers are joining Xpring to develop DeFi products based on XRP.
WATCH: Chainlink CEO Talks Data Oracles
“The ability for a developer to make all the choices the way he wants about inputs and outputs is what oracles really provide,” Nazarov said at Invest: Asia.
What the Holy Land Reveals About Bitcoin
Israel’s political backdrop gave attendees of Tel Aviv Blockchain Week an opportunity to ponder the duality of the bitcoin movement. LINK @La__Cuen reports
ConsenSys Announces Codefi Project to Boost DeFi Adoption
ConsenSys is doubling down on the DeFi ecosystem with a new product suite called Codefi.
Staked Automates the Best DeFi Returns With Launch of Robo Advisor
The firm’s new robo advisor, RAY, automates the process of finding high-yielding opportunities.
Coinbase to Invest $2 Million USDC in DeFi Protocols Compound and dYdX
Coinbase is launching a new effort to grow the DeFi ecosystem, starting with USDC investments in Compound and dYdX.
Crypto Lender Dharma Pivots to Stablecoin Savings Accounts
Dharma is getting out of the lending business, launching its V2 on the Compound protocol and focusing on savings accounts for DAI and USDC.
Huobi Expanding DeFi Presence With MakerDao, Compound Support
Huobi is affirming it’s DeFi-positive stance with the addition of the loan making vehicles MakerDao and Compound.