-Yearn.Finance prepared for a surge to over $60,000 before BTC.-In 2020, YFI traded higher than Bitcoin. -YFI will reach an eye-watering $200,000 per coin. After weeks of aggressive selling, Yearn.Finance (YFI) prepared for a move to $60,000 before Bitcoin. In early 2020 Andre Cronje launched YFI. Moreover, YFI is an Ethereum-based
-PundiX (NPXS) price spiked over 100%.-As the project gets ready for a testnet launch, staking and likely for DeFi integration.-NPXS shows a bullish trend. PundiX (NPXS) price spiked over 100% since February 6. As the project gets ready for a testnet launch, staking and likely for DeFi integration. Pundi X
-Some DeFi coins and non-DeFi coins showed a huge 1,000% spike over the last three months.-Many crypto investors have been waiting for the altseason to occur.-Even more, almost all the coins started to stagnate. Will this be the end of the alt season? After a record-breaking start to the year
-DeFi protocol Alpha Homora loses $37 million in Iron Bank exploit.-However, the Protocol had been monitored by Quantstamp and Peckshield.-It’s unclear how it is possible to recover the funds from their prime suspect. One of the largest DeFi protocols Alpha Homora lost over $37 million worth of funds leveraging Cream’s
-Total value locked (TVL) in DeFi hits a new all-time high over $39B.-However, a high TVL doesn’t mean increased participation or activity in the DeFi space. -Moreover, Adjusted TVL usually tracks the changes in the TVL in the ecosystem. The total value locked in decentralized finance (DeFi) has marked a new
-The Solana Foundation partnered with Project Serum to host a global hackathon focused on DeFi.-The hackathon will begin from February 15 through March 1st.-Moreover, participants will compete for a seed funding round of $200k. The Solana Foundation is energised to partner with Project Serum. In order, to host a global
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Curve Finance added Euro as a secondary currency option following the user demands. The Curve is an automated market maker specialized in swaps between like assets. Moreover, a governance proposal passed to enable the CRV token to reward the liquidity providers in the pool. Curve Finance announced that it added
DeFi protocol Nexus Mutual Founder gets hacked for $8M. In addition, the hacker is also a member of Nexus Mutual. Some of the stolen funds have been sent through 1inch.exchange. The CEO of decentralized finance (DeFi) insurer Nexus Mutual named Hugh Karp has lost more than $8 million worth
A decentralized finance protocol Harvest Finance seemingly issued a $100,000 bounty reportedly after a $24 million attack from its pool. Harvest Finance is a DeFi yield aggregator. FARM is its native cryptocurrency. It has one admin key for making changes to the smart contract. Essentially, the holder of this key
