Stay informed with Blockchain Today. Enable desktop notifications.

DeFi News


DeFi is a big trend in blockchain technology nowadays, and it’s becoming more and more popular every month. If you are seeking the latest news related to decentralized finance technology, companies that have adopted it, and many other innovations, then you have come to the right place. Blockchain Today is providing readers with the most accurate DeFi news and not only. Subscribe to our newsletter not to miss the most interesting articles about this new technology.


Binance Chain DeFi TVL

Binance Smart Chain DeFi TVL to Reach Record Highs

by

The crypto exchange Binance and its native token BNB have been making new records. Data shows that the TVL (Total Value Locked) in DeFi on the Binance Smart Chain (BSC) has reached record highs standing at around $43 B. It's worth mentioning the noticeable growth of the decentralized exchange...

EasyFi

EasyFi lost $ 6 million due to a hacker attack

by

Hackers withdrew about $6M from the liquidity pools of the EasyFi landing protocol, which uses second-tier solutions from Matic Network (now Polygon). CEO and founder of the project, Ankitt Gaur, said that attackers gained remote access to his computer and took possession of the keys to the...

Venus

Venus BSC protocol funds exceeded $10 billion

by

The Venus DeFi Landing Project has a total value of Locked Funds of $ 10.4 billion. The next largest TVL project powered by Binance Smart Chain (BSC) is PancakeSwap. His smart contracts are focused on cryptoassets for $ 8 billion. The total value of funds blocked in the BSC segment is $ 33.2...

Defi

Polychain supports DeFi social trading platform project

by

The Enso Finance project has raised $5M in investment. The round was led by venture capital firm Polychain Capital and Dfinity's Beacon Fund. Other contributors include Multicoin Capital, P2P Capital, Spartan Group, Zola Global, and The LAO. “The Enso platform allows for an unlimited number of...

Cardano

Cardano wants to conquer the DeFi market

by

The explosive growth of the DeFi decentralized finance market in 2021 has attracted the interest of developers of almost all leading blockchains. Cardano (ADA) has decided to compete with Ethereum and Binance Chain, which are popular among DeFi application creators. Altcoin developers have...

Tom Brady NFT

Soccer Champion Tom Brady Introduces an NFT Project

by

American football legend Tom Brandy will release his NFT network named Autograph. The co-founder and Chief Executive Officer of the project Dillon Rosenblatt told CNN about his decision on April 6. He said that Autograph will join many famous individuals and companies who will build and issue...

DeFi

The volume of assets blocked in DeFi-protocols reaches $100B

by

The total value of frozen assets in the decentralized finance sector exceeded $ 100 billion for the first time. DeFi protocols on the Ethereum blockchain account for about 80% of the volume, projects on the Binance Smart Chain (BSC) network - about 15%. The leader in the rating is Compound with an...

Shopify DeFi

Shopify CEO Tobias Lütke Asks DeFi Advice on Twitter

by

Major e-commerce company Shopify's CEO Tobias Lütke posted on Twitter that he's looking for ideas concerning the DeFi industry. Hey #DeFi Twitter👋. What are the commerce related opportunities that you are most excited about? What role do you want Shopify to play?— Tobi Lutke...

Hester Peirce

Hester Peirce calls on DeFi projects to contact SEC

by

It is difficult to work out uniform rules for the DeFi sphere due to the diversity of the ecosystem, so specific projects should communicate with the SEC in order not to violate securities law. This opinion was expressed by Commissioner Hester Peirce in an interview with Forbes. According to her,...

LBRY SEC

SEC Files a Complaint Against Blockchain Network LBRY

by

On March 29 the U.S. SEC has submitted a suit against the distributed content protocol LBRY. The agency stated LBRY is trading unlisted securities via its native cryptocurrency and that there is a violation of the Securities Act of 1933. LBRY is a decentralized project created for content. Its...

Saturday Night LIve NFTs

NFT Sketch During Saturday Night Live

by

American television show Saturday Night Live (SNL) prepared a sketch/rap about NFTs in the March 27 release. The skit depicts a scene in a classroom where an actress playing the role of US secretary of treasury Janet Yellen conducts an economics lesson. She asks if any of the students have...

Dragonfly fundraise

Dragonfly Capital Opens $225 M Fund to Support Crypto

by

California-based crypto venture company Dragonfly Capital established another fund valued at $225 M to invest in various crypto-related undertakings. In a post published on March 26, the company mentioned it considers mainly investing in four sectors: DeFi networks, NFT market, Ethereum Layer 2...

Tidal Finance Balancer LPB

Tidal Launches Balancer Liquidity Bootstrapping Pool

by

Initiated today, Polkadot-powered decentralized insure marketplace Tidal Finance runs a Balancer LBP. The process will last three days and end on March 27. LPB is a liquidity pool on Balancer that allows parts to issue tokens over it. On March 23, the protocol carried out an IDO via Polkastarter...

Uniswap

Uniswap announced the launch date of the V3 of the protocol

by

The launch of the third version of the leading non-custodial exchange Uniswap will take place on May 5. The developers also promised to implement a second-level Optimism solution for scaling shortly after the release of the new version of DEX. One of the main innovations of the new puncture -...

DeFi market

Interest of DeFi market has peaked in the Internet

by

The popularity of the DeFi market is growing at a rapid pace. In the fall of last year, there was a surge of interest in this ecosystem, as evidenced by data from Google Trends. However, the largest number of searches on the World Wide Web dedicated to decentralized finance was recorded at the...

Livepeer rallies

Livepeer (LPT) Surges after Grayscale Listing

by

On March 7 leading asset manager Grayscale announced launching five altcoin trusts. Livepeer (LPT) was among them. After this, the price of the token gained 500% and reached a new all-time high of $32 on March 20. Now the token trades at around $23.88. Grayscale's Livepeer trust now holds $7.1 M...

Ethereum locked in DeFi

The Amount of Ethereum Locked in DeFi Reaches New Highs

by

Data from DeFiPulse shows that the amount of Ethereum locked in DeFi protocols and smart contracts has surpassed a new all-time high of 9.6 million. Calculating with the current price, it's equal to around $16.5 B. This is around 8.3% of the token's overall supply, which is nearly 115 million...

TRON active users

The Number of TRON's Active Accounts Broke Above 25 Million

by

DeFi platform Tron has been attracting more users. According to data provided by TRONSCAN, the entire number of active accounts hit 25 million. Statistics refers also to DApp Chain (Sun Network), which is 2-way pegged to Tron. The blockchain is one of the most used public networks presently....

DeFi has become a new trend in the world of blockchains and cryptocurrencies. Finance is always about tracking and analyzing, no matter if it's decentralized or centralized. Now, you have an opportunity of reading about innovations of DeFi technology, how can anyone make use of it, or how various companies are trying to get from DeFi all the advantages it has. 2020 is the year of DeFi. More and more companies are starting to implement this technology into their daily flow. That's why it is becoming necessary to be aware of the technology and its modifications. Our Cryptopedia will help you find out additional information about the DeFi technical side and other details. Find Blockchain Today on social media platforms to discuss the most interesting topics with our community.