Binance Recovers $344K From Scam DeFi Project Launched on Its Platform
Having raised the funds at launch on Binance Smart Chain in October, the operator fled with users' cryptocurrency "within an hour," Binance said.
DeFi Sell-Off Continues as Index Futures Retrace to June Levels
DeFi indices on FTX and Binance continue to plummet.
The 2020 Elections Are Boosting Crypto Prediction Markets
Decentralized betting platforms like Polymarket and YieldWars are seeing accelerated trading volume growth leading up to the 2020 U.S. presidential election.
DeFi Trading App Dharma Now Connects Directly to US Bank Accounts
The startup for trading in decentralized finance (DeFi), Dharma, has now enabled automated clearing house (ACH) purchases in 13 U.S. states.
Binance Labs–Backed ‘DeFi Credit Union’ Bringing Higher Yields to Savers in Nigeria
With backing from Binance Labs, Nigeria's Xend Finance is looking to bring DeFi to the world of local credit unions.
Opium Raises $3.3M to Make Exotic Crypto Derivatives Available to All
Opium has closed a $3.25 million funding round for its BYOD (build your own derivative) platform
Uniswap Proposal to Airdrop More UNI Falls Short in Governance Vote
The votes were staggeringly in favor, but a quorum was not reached, and Uniswap’s second-ever governance proposal has been defeated.
MakerDAO Members Voting on a Safeguard Against BProtocol Flash Loan-Type Attack
The MakerDAO community is voting on a proposal to harden the protocol's governance structure against flash loan voting.
Former DragonFly Managing Partner Joins Huobi to Invest ‘Tens of Millions’ in DeFi
Alex Pack from DragonFly will join Huobi to help invest tens of millions of dollars in decentralized finance as the firm behind the top centralized exchange pushes forward its ambition in both DeFi and the market in the West.
ETH Gobbles Up Larger Share of Genesis Loan Book as Trading Firms Feast on DeFi Summer
Genesis Trading saw the share of bitcoin in its loan portfolio drop, mainly due to demand for liquidity mining on DeFi protocols.
