Category: Defi Projects

BCH Defi Project Detoken To Close Its Doors Over Regulatory Climate Toward Crypto Derivatives

On August 28, the Bitcoin Cash-based decentralized finance (defi) platform Detoken announced the project is closing its doors on September 4, 2021. The project’s founder, Semyon Germanovich, explained that the…

Defi Economy Lost $20 Billion This Week, Decentralized Exchange Volumes Still Sky High

While crypto markets, in general, have been dropping significantly in value, the decentralized finance (defi) economy has shaved more than $21 billion during the last week. Statistics show that the…

Defi Project Rari Capital Hacked For $10M In Ether, Project’s Pool Drained For 2,600 ETH

Reports from the decentralized finance project Rari Capital detail that the protocol’s ethereum pool has experienced a recent exploit. Rari Capital says they are assessing the situation and the team…

Defi Venture XFai Reveals Liquidity Generation Event, Project Backed By Angel Investor Roger Ver

Decentralized finance (defi) has seen extreme demand and innovative use-cases during the last 12 months. Defi oracles, decentralized exchange (dex) platforms and automated money makers (AMM) have swelled in value,…