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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.


Grayscale adds more BTC

Grayscale Bitcoin Trust Keeps Growing

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On Tuesday, New York-based crypto asset management firm Grayscale added 12.319 Bitcoins. A day earlier, the company announced suspending fund acceptance temporarily. This refers to Bitcoin, Litecoin, Ethereum, Bitcoin Cash, and several other coins. Although, apparently, the company's customers...

Hardware wallet Ledger attacked

Hardware Wallet Ledger Database Hacked

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Hackers managed to access the Ledger database and get information about over 270,000 wallet users. There were mentioned such personal details as names and physical addresses. All these data then appeared on RaidForums, a marketplace for trading and sharing hacked information. In late June, ...

Compound new  blockchain

Compound Launched Compound Chain

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Lending and borrowing DeFi protocol Compound announced the launch of Compound Chain. This took place a few months later, the platform moved from being a centralized performer to a fully community-governed protocol. The introduced research paper explains how the company has developed a...

Attack

Warp Finance lost almost $8 million in attack

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As a result of the attack, Warp Finance's Defi Lending Protocol lost $7.7M worth of stablecoins. “The protocol was attacked using a sophisticated flash credit scheme that permitted the user to borrow more than the collateral, resulting in the loss of creditors' funds. The team is considering...

Coinbase IPO

Coinbase Files for an IPO

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Cryptocurrency trading market Coinbase waits to get the approval of the Securities and Exchange Commission (SEC). Afterwards, the protocol will be able to launch an Inicial Public Offering. Coinbase has been planning to launch an IPO since summer. The protocol is really popular. Launched in 2012,...

Brian Armstrong  advice

Coinbase CEO About Crypto Investments

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BTC price growth attracts more and more investors, who sometimes are so enthusiastic that don't take into account all the possible risks. The co-founder and CEO of the cryptocurrency exchange platform Coinbase, Brian Armstrong posted about this issue. He says that the instability of crypto assets...

FCA offers temporary registration

FCA Offers Crypto Companies a Temporary License

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UK financial regulator FCA (Financial Conduct Authority) informed that the digital asset organizations that didn't manage to register, have the opportunity to work under limited-period licensing terms for 6 months as the regulator faces some issues with a stockpile of requests. FCA stated that the...

SBA acquires B2C2

SBI Procures Digital Asset Trading Platform B2C2

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Japanese financial organization SBI has gained a 90% stake in B2C2, a leading liquidity provider in digital currency. This aims to draw institutional investors into crypto. According to the Dec. 16 announcement, SBI Holdings’ branch SBI Financial Services has purchased UK-headquartered...

Coinbase lists more assets

Coinbase Pro Lists Aave, Bancor, and Synthetix Network

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Digital asset exchange Coinbase Pro announced that Aave (AAVE), Bancor (BNT), and Synthetix Network (SNX) are joining the platform. As the number of people interested in the decentralized finance sector is growing, more and more platforms are listing digital tokens. Coinbase also has been focused...

USA

US authorities analyzed options for managing the DeFi market

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The Advisory Council to the US Commodity Futures Trading Commission (CFTC) considered options for implementing a regulatory framework for the DeFi decentralized finance market. The meeting participants heard a report, which said that the impact of DeFi on the global financial system is increasing....

DeFi

DeFi market capitalization approached $15 billion

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The value of digital assets "locked" in the DeFi market could exceed $ 20 billion by the end of the year. Recently, the capitalization of tokens "locked" in the decentralized finance market exceeded $ 15 billion. Then there was a slight decline, and now the total value of the...

USA Treasury attacked

U.S. Treasury Hack will Increase Trust in Bitcoin

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On December 13 U.S authorities announced that the US Treasury and the body linked to the Commerce Department were hacked. The reporting made by Reuters states that another country was involved in this. This is a major crime against U.S. network safety. The National Security Council called for an...

Russia crypto law

Russian Officials Must Reveal Their Crypto Capitals

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Russian state authorities will now be required to report about their digital asset funds, according to a new order President Vladimir Putin confirmed on Thursday. The paper states that any government officer must disclose not only his or her crypto funds but also the properties of their spouse and...

Bitpay can build  a National Trust Bank

BitPay Can Develop a National Trust Bank

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US-based BTC payment service provider BitPay intends to build a national trust bank. It has already petitioned the United States Office of the Comptroller of the Currency to get the approval. This means that in the case of a positive response, BitPay will become the only institution that equals...

Linkswap  Launched Liquidity Pools

Linkswap Launched Liquidity Pools with $6 M Staked

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Community-managed Automated Market Maker (AMM) startup LinkSwap initiated liquidity pools for operating its native token YFL with $6 M locked in six hours. The long-awaited DeFi exchange for the Chainlink ecosystem was officially launched on Nov. 25. The network is designed to compete with Uniswap,...

Polkadot alliance

Polkadot Builds a Partnership with Chainlink

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On December 3 Polkadot informed about a new DeFi Alliance alongside a new aid plan for validators. The partnership means to beat Polkadot's decentralized nature, offering a stage for its users to discourse practicing the platform and its basic Substrate infrastructure for DeFi. Tokenized oracle...

TRON and Steemit partnership

The Integration of Tron and Steemit is Near

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This year, in February Steemit and Tron Foundation, built cooperation. Due to this partnership, TRON (TRX) will be added to the Steem environment. This means users will have the opportunity to earn TRX rewards alongside Steem Power while publishing content on the Steem blockchain. TRON is one of...

Visa to provide BTC rewards

Visa's New Credit Card will Provide Rewards in BTC

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California-based financial entity Visa will bring out a new credit card that will provide BTC rewards to holders at the beginning of 2021. This became possible due to cooperation with lending protocol BlockFi for "Bitcoin Rewards Visa Credit Card," which yearly fee is $200. Shoppers will...

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.