Binance DEFI (DEFI) News

Decentralized public blockchain Cardano's native token ADA has surpassed $1 for the second time ever. The first time dates back to January 2018, when the price reached $1.40. This year there has been a bullish trend for the cryptocurrency. Since February it was up by 200%. At the moment, ADA...

Filecoin aims to create a decentralized future for the web. Funded by a $ 257 million coin offering completed in September 2017, The Web 3.0 data storage project has since expanded its technology. For now, the main part of the world's information is managed by several firms, such as Google,...

After a raise of popular Defi protocols, newer tokens have begun to go higher. In the past 24 hours, SushiSwap’s SUSHI token surged 30% becoming the fastest growing crypto-asset in the top 100 by market capitalization. The growth is connected with strong technical upgrades for the cryptocurrency...

Yearn.finance is one of the projects that profited most in the last 24 hours after a huge rally. It is up about 27% to price at $18,790. YFI has a market cap of $549.9M with a 24-hour volume of $783.95M. Lately, the decline beat a market lower at $8,000, enabling bulls to move their focus higher....

During a speech at the LA Blockchain Summit, Justin Sun stated that Tron is the best blockchain for Decentralized Finance (DeFi) protocols, most of which run on Ethereum today. “We are building the same DeFi ecosystem as Ethereum,” Sun said. “Tron has its version of all broadcast products....

On September 14 YFI, the governance token of Yearn.finance will be listed on Coinbase Pro. The token is pretty popular and now is trading at $34,271. Its market cap is $1 billion. All this success was recorded despite Andre Cronje's introduction that the token has no value. There is no need to buy...

According to the analytical resource DeFi Pulse, $ 6 billion worth of cryptoassets is currently blocked in decentralized finance (DeFi) smart contracts. Back on Friday, August 14, this figure was $ 5 billion. The leading projects are Maker, Aave, and Curve Finance, with a total amount of blocked...

Ethereum transaction fees recently hit a new high. However, the collapse of the Yam Finance crypto project, deployed in the DeFi ecosystem, caused the cost of operations to fall. According to the ETH Gas Station service, Ethereum commissions are now about 60% lower than they were in the middle of...

Huobi Group, the owner of the Huobi cryptocurrency exchange, is launching a new fund for investments in the Decentralized Finance (DeFi) market. Charlene Wu, who previously worked in the investment department of China Merchant Bank International (CMBI), a subsidiary of one of the largest Chinese...

The total amount of funds frozen in the services of the decentralized finance (DeFi) sector exceeded $4 billion. The most popular asset remains Maker, whose dominance index is over 30%. According to the latest data, Maker accounts for $1.23 billion of all funds held in smart contracts, protocols,...

The volume of funds blocked in the MakerDAO DeFi protocol reached $1 billion for the first time, strengthening the project's leading position in the decentralized finance market. This is evidenced by data from the DeFi Pulse. Over the past day, this figure has increased by 6.7%. Blocked funds have...

Amid growing hype around the decentralized finance (DeFi) industry, yEarn Finance, a lucrative farming project, has attracted increased attention in recent days. In just a week since the launch, the YFI token soared from $34 to $4500, after which it rapidly went down, having lost almost a third of...

The growing popularity of decentralized finance (DeFi) services has led to the fact that the total capitalization of tokens on the Ethereum blockchain exceeded the ETH cryptocurrency itself. The Defiant new editor-in-chief Camila Russo shared this observation. Taking the data from the Etherscan...

According to Etherscan, the number of addresses of the second cryptocurrency reached 100 million. The figure, ten times the number of Internet users in 1995, indicates the promising prospects of the DeFi sector, said Defiant project founder Camila Russo. Ethereum has 100M addresses 5 yrs after its...