Market Wrap: Bitcoin Retests $10.8K; Total Value Locked in DeFi Hits $11B
Bitcoin price is flirting with $10,800 territory while DeFi soldiers on.
DeFi Summer; Bitcoin Fall
The attention may have been with DeFi when it was warm, but as the cold winds of COVID-19 return fears and election volatility blow, bitcoin is resuming narrative dominance.
First Mover: Chainlink’s Sorry September Returns Shows DeFi Hysteria Deflating
Chainlink's LINK has been the worst-performing digital asset in September in the CoinDesk 20, during an ugly month across cryptocurrency markets.
Reef Finance Raises $3.9M for Cross-Chain DeFi on Polkadot
DeFi on Ethereum is costly and congested. Can other base layers step up? Polkadot's Reef Finance has raised $3.9 million to try.
DeFi 'Vampire' SushiSwap Still Hemorrhaging Liquidity
Uniswap challenger SushiSwap continues to lose vital liquidity, with total value locked falling by 8% in the past 24 hours.
Compound, Gauntlet Founders Raise $4M for New DeFi Scout Fund
Robert Leshner's Robot Ventures has secured $4 million in funding from Galaxy Digital and Paradigm to find early opportunities in DeFi.
So Now They’re Hacking DeFi Protocols Before They’ve Even Launched?
When the DeFi degens caught wind of a new pre-release Andre Cronje project they piled in, only to get $16 million hacked away in a flash.
Investors Flock to India's DeFi Scene Months After Central Bank Ban Overturned
DeFi protocols UniLend Finance and PlotX announced Tuesday they had both successfully completed their seed rounds.
Binance's CZ on DeFi Bumps: 'Nobody Complains to Vitalik'
Binance CEO Changpeng "CZ" Zhao explains the challenges of the exchanges's foray into decentralized finance, or DeFi, such as blame for failed projects. The CEO says, "There are probably more projects that failed on Ethereum, but nobody complains to Vitalik."
CZ: Binance Smart Chain Is ‘Not Trying to Be the Ethereum Killer’
Binance CEO Changpeng “CZ” Zhao explains why the world’s largest cryptocurrency exchange is tapping into the decentralized finance, or “DeFi,” trend with Binance Smart Chain. He also tells CoinDesk reporter Muyao Shen why he doesn’t view Ethereum as competition.
