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UMA Protocol’s New “Yield Dollar” Raises Security Concerns for Bitcoin in DeFi
DeFi platform, UMA Protocol, has recently launched a “Yield Dollar” alongside a three-asset yield farming incentive. Unfortunately, the company providing the synthetic BTC has yet to distribute co...
DeFi Forks Will Struggle Because You Can’t Fork a Community
DeFi forks are popping up everywhere. Unfortunately, they fail to become anything more than a “farm and dump” scheme due to a lack of genuine community. And even the few projects that do establish...
Binance Joins Yield Farming Craze, Launches Liquidity Mining Service
Binance, the top-performing crypto exchange, has announced a new savings service on the platform called “Launchpool.” This service will enable users to stake assets and earn token rewards leading...
Bitcoin and Ethereum Show Signs of Recovery Despite Recent Correction
Bitcoin and Ethereum incurred significant losses over the past few days, dropping to crucial support levels. While market participants continue to put out fires due to the recent downturn, different t...
Bitcoin Bulls Wary of Two Key Metrics Before Buying the Dip
Bitcoin led the broader cryptocurrency market crash this week, which lost $50 billion in total market capitalization since Wednesday.  Bitcoin dipped 16% from $11,919 in the last two days to record l...
BitMEX Plans to Add Futures Contracts for Chainlink and Tezos
Leading crypto derivatives exchange, BitMEX announced that it would soon be launching four new “Quanto” futures contracts for Cardano (ADA), Chainlink (LINK), EOS (EOS), and Tezos (XTZ). The contr...
CipherTrace’s Monero Tracking Tool Has Not Been Proven Effective, Researcher Says
CipherTrace has announced a Monero tracing tool, which can allegedly identify the users behind private transactions. Monero researchers, however, doubt that the tool is truly effective. Some Monero Tr...
Fifth Largest Bitcoin Exchange Bithumb Raided by South Korean Police
Intelligence units from the Seoul Metropolitan Police Agency in South Korea have raided Bithumb offices to execute search and seizure orders based on fraud allegations, according to Seoul Shinmun.  T...
DeFi Lending Project Teller Finance Taps Chainlink for Unsecured Loans Product
DeFi lending project Teller Finance has announced its upcoming integration with Chainlink. The oracle provider will provide Teller with three cryptocurrency price feeds via its Price Reference Data or...
Polkadot-Based DeFi Project Plows Ahead, $205 Million Staked on Stafi
StaFi, a DeFi application built on Polkadot, has locked staking tokens worth $205 million bonded across 1,767 addresses. The project allows PoS token holders to stake their assets and provides them wi...
Newswire > Tag: bitcoin

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