Stay informed with Blockchain Today. Enable desktop notifications.

Binance DEFI (DEFI) News



Filecoin launch 16.11.2020

Filecoin about the Launch and Project Goals

by

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,...

SushiSwap 14.11.2020

SushiSwap (SUSHI) Surges 30% Higher

by

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...

YFI price 11.11.2020

Yearn.finance Price Reaches $20.000 during DeFi Boom

by

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....

Justin Sun

Justin Sun spoke about the development of DeFi on the Tron

by

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....

Yearn Finance token

Yearn.finance's steps to joining Coinbase.pro

by

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...

DeFi

DeFi blocked funds exceeded $6 billion

by

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

Ethereum fees decline amid DeFi collapse Of Yam Finance

by

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

Huobi announces launch of DeFi investment fund

by

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...

DeFi sector funds

The volume of assets in DeFi-protocols exceeded $4 billion

by

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,...

MakerDAO blocked funds

Funds blocked in Maker reached $1 billion

by

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...

yEarn Finance price YFI

The yEarn Finance project token has grown to $4500 in a week

by

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...

ERC-20 capitalization Ethereum

ERC-20 token capitalization exceeded Ethereum's cap

by

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...

Ethereum accounts

The number of Ethereum addresses exceeded 100 million

by

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...