Ethereum Activity Metric Hits Highest Level in 2 Years
The number of active ether addresses just clocked a recent high, possibly thanks to its growing role in decentralized finance.
Compound's 'Yield Farmers' Briefly Turned BAT Into DeFi's Largest Coin
The digital advertising token briefly became bigger than ether in the decentralized finance space, thanks to popular lending protocol Compound.
Money Reimagined: Bitcoin and Ethereum Are a DeFi Double Act
With bitcoin increasingly riding on Ethereum's rails, we're about to see greater complementarity between the top two blockchains.
There Are More DAI on Compound Now Than There Are DAI in the World
The amount of DAI deposited on Compound skyrocketed by more than $140 million on Thursday – somehow exceeding the total amount of DAI in existence.
DeFi Insurer Nexus Mutual Maxed Out by Yield-Farming Boom
Nexus Mutual is seeing a surge in demand. "Our product has honestly seen massive interest since yield farming kicked off," said founder Hugh Karp.
Investment Firm Plans ETF-Like Product for Compound Yield Farmers
The investment portfolio will give users exposure to Compound interest rates and, eventually, yield farming.
Compound Changes COMP Distribution Rules Following 'Yield Farming' Frenzy
Following a Tuesday governance vote, daily COMP token distributions will change dramatically, starting Thursday.
DeFi's 'Agricultural Revolution' Has Ethereum Users Turning to Decentralized Exchanges
Decentralized exchanges are seeing more action than ever thanks to a surge in decentralized finance activity.
Blockchain Project Kyber Unveils Date for Planned ‘Katalyst’ Protocol Upgrade
The protocol upgrade includes changes to staking and governance.
Hacker Drains $500K From DeFi Liquidity Provider Balancer
The sophisticated attack exploited a loophole that tricked the protocol into releasing $500,000 worth of tokens.
