Markets

Market Wrap: As Stocks Rally, Bitcoin Trades Above $9.3K for the First Time in 10 Days

Equities continue to beat bitcoin’s performance, but everything is making gains Monday.

CoinDesk Bitcoin Price Index

Markets

Compound's 'Yield Farmers' Briefly Turned BAT Into DeFi's Largest Coin

The digital advertising token briefly became bigger than ether in the decentralized finance space, thanks to popular lending protocol Compound.

(Vudhikrai/Shutterstock)

Markets

There Are More DAI on Compound Now Than There Are DAI in the World

The amount of DAI deposited on Compound skyrocketed by more than $140 million on Thursday – somehow exceeding the total amount of DAI in existence.

(Joshua Earle/Unsplash)

Markets

Investment Firm Plans ETF-Like Product for Compound Yield Farmers

The investment portfolio will give users exposure to Compound interest rates and, eventually, yield farming.

(Acabashi/Creative Commons CC-BY-SA 4.0/ Wikimedia Commons)

Tech

Compound Changes COMP Distribution Rules Following 'Yield Farming' Frenzy

Following a Tuesday governance vote, daily COMP token distributions will change dramatically, starting Thursday.

harvest, yield farming

Tech

DeFi's 'Agricultural Revolution' Has Ethereum Users Turning to Decentralized Exchanges

Decentralized exchanges are seeing more action than ever thanks to a surge in decentralized finance activity.

(Public Domain/Metropolitan Museum of Art)

Markets

DeFi Platform Opyn Launches Put Options on Compound Token

Decentralized options marketplace Opyn has launched put options on COMP that will provide a safety net of sorts should COMP’s fortunes take a turn for the worse.

(D.Somsup/Shutterstock)

Markets

Coinbase Lists Compound's COMP Token for Retail Crypto Traders

The Compound token almost fell back below $200 earlier this week, before Coinbase rode to the rescue. It listed the token for retail users, and gave COMP a nice price bump.

Coinbase CEO Brian Armstrong

Markets

Market Wrap: Bitcoin Tests $9K as Market Struggles With Uncertainty

After a quick dip in the crypto market, bitcoin is holding steady amid precariousness in the options market and the greater economic picture.

Source: CoinDesk Bitcoin Price Index

Tech

Some Numbers That Show Why Yield Farming COMP Is So Seductive

COMP has created a sudden craze for "yield farming." Here are three scenarios illustrating the risks and rewards of DeFi's latest trend.

an honest yield farmer