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BCH Defi Project Detoken to Close Its Doors Over Regulatory Climate Toward Crypto Derivatives

BCH Defi Project Detoken to Close Its Doors Over Regulatory Climate Toward Crypto DerivativesOn August 28, the Bitcoin Cash-based decentralized finance (defi) platform Detoken announced the project is closing its doors on September 4, 2021. The project’s founder, Semyon Germanovich, explained that the main reason for shutting the defi project down is because of the “changing regulatory outlook on cryptocurrency derivatives.” Defi Project Detoken to Shut Down Operations […]

Yala Unveils Vision to Revolutionize DeFi With Bitcoin

Defi Economy Lost $20 Billion This Week, Decentralized Exchange Volumes Still Sky High

Defi Economy Lost  Billion This Week, Decentralized Exchange Volumes Still Sky HighWhile crypto markets, in general, have been dropping significantly in value, the decentralized finance (defi) economy has shaved more than $21 billion during the last week. Statistics show that the total-value locked (TVL) in defi touched $87 billion on May 11, and since then the aggregate total has slid to $66 billion in value. Weekly […]

Yala Unveils Vision to Revolutionize DeFi With Bitcoin

Defi Project Rari Capital Hacked for $10M in Ether, Project’s Pool Drained for 2,600 ETH

Defi Project Rari Capital Hacked for M in Ether, Project’s Pool Drained for 2,600 ETHReports from the decentralized finance project Rari Capital detail that the protocol’s ethereum pool has experienced a recent exploit. Rari Capital says they are assessing the situation and the team removed funds from the recent Alpha Finance Lab integration. At first, the project’s team revealed they were assessing the hack, but later estimates assume the […]

Yala Unveils Vision to Revolutionize DeFi With Bitcoin

Defi Venture XFai Reveals Liquidity Generation Event, Project Backed by Angel Investor Roger Ver

Defi Venture XFai Reveals Liquidity Generation Event, Project Backed by Angel Investor Roger VerDecentralized finance (defi) has seen extreme demand and innovative use-cases during the last 12 months. Defi oracles, decentralized exchange (dex) platforms and automated money makers (AMM) have swelled in value, as statistics show over $43 billion is locked into defi protocols today. Meanwhile, a new project has recently stepped out of the gate called XFai, […]

Yala Unveils Vision to Revolutionize DeFi With Bitcoin