DeFi


Markets

Market Wrap: Stocks Make Gains While Bitcoin Sticks to $9,200

A bullish stock market left bitcoin behind Monday with the world’s oldest cryptocurrency trading flat.

Source: CoinDesk 20 Bitcoin Price Index

Tech

Compound Tops $1B in Crypto Loans as DeFi Farmers Keep Digging for Yield

Yield farming continues to push Compound to new heights. On Monday, the lending protocol topped $1 billion in loans issued.

Funds rising (Darío Martínez-Batlle/Unsplash)

Markets

First Mover: Twelve-Fold Gains for Aave's LEND Token Might Be More Than DeFi Hype

Collateral deposits in Aave are up nearly $160 million over the past six months, suggesting actual usage rather than speculation.

(Library of Congress, Prints & Photographs Division, [reproduction number, e.g., LC-B2-1234])

Markets

Market Wrap: Traders Buy the Dip and Bitcoin Holds at $9,200

Bitcoin sticks to the $9,200 price range after some light selling early in the day.

CoinDesk 20 Bitcoin Price Index

Markets

First Mover: Pie Anyone? DeFi Pushes ETF-Style Investing Toward Decentralization

PieDAO's push to decentralize itself shows the fast-growing DeFi industry's efforts to retrofit investment vehicles for digital-asset markets.

(Sheri Silver/Unsplash)

Tech

Kyber Network Is Bringing Yield Farming to DEXland

Fresh pastures are opening in the world of yield farming. Kyber, a decentralized exchange (DEX), is preparing to share trading fees with KNC token holders.

Fresh pastures (Alex Vinogradov/Unsplash)

Finance

New Enterprise Ethereum Director Widens Tent to Include Exchanges and DeFi

Enterprise Ethereum Alliance (EEA), the business end of the second-largest blockchain, has appointed a new executive director, Daniel C. Burnett.

(Mitchell Luo/Unsplash)

Markets

DeFi Driving Chainlink’s Link Token to Record Highs

The ever-increasing use of Chainlink’s price oracles in decentralized finance is driving the cryptocurrency higher, according to analysts.

Link vs. bitcoin returns, Jan. 1 to Jul. 7, 2020.

Markets

Delta Exchange Predicts $40 Price for COMP Ahead of Governance Token Deluge

One startup has done the math and thinks the true value for Compound's COMP token right now should be more like $40.

Reading the signs (Antasasia Dulgier/Unsplash)

Tech

Gelato Gives Developers a New ‘Money Lego’ Tool for DeFi Applications

Decentralized exchange Gnosis will be the first major platform to integrate Gelato's audited v1 transaction automator for token swaps on Ethereum's mainnet.

(Ryan Quintal/Unsplash, modified by CoinDesk)