3 Reasons Bitcoin Just Tanked Below $11K for First Time in a Month
Cryptocurrency analysts attributed the drop to a combination of risk-off sentiment in traditional markets, DeFi exhaustion and miner selling.

DeFi Risk Management Startup Cozy Finance Debuts With $2M Funding Round
Announced Thursday, Cozy Finance has raised a $2 million seed round, led by Electric Capital and including Variant Fund, Dragonfly Capital, Robot Ventures, Slow Ventures, Volt Capital, Spencer Noon, Moncada and others.

For DeFi to Grow, CeFi Must Embrace It
Despite the buzz, DeFi is not on a good trajectory. It's too technical, too volatile and too "geeky" to be adopted by "the mainstream," William Mougayar writes.

Blockchain Bites: How SushiSwap Drove Uniswap to DeFi's Top Spot
A South Korean crypto exchange has been raided by police, Bitcoin's Lightning Network hit a new high and mining revenues are climbing.

DeFi Flippening Comes to Exchanges as Uniswap Topples Coinbase in Trading Volume
Trading volumes are surging on Uniswap and other so-called decentralized cryptocurrency exchanges, challenging established venues like Coinbase.

Uniswap Rises to Top of DeFi Charts Thanks to Rival Looking to Unseat It
Uniswap is now at the top of DeFi Pulse with $1.65 billion in total value locked. Sources say the surge is driven by a new Uniswap competitor, SushiSwap.

Yearn.Finance's New Vault Leverages DeFi 'Triforce': ETH, MakerDAO and Curve
Yearn.Finance will make it easy for anyone who holds ETH to get involved with yield farming with just one cryptocurrency, ETH.

Binance Launches Smart Contract-Enabled Blockchain, Adds Staking for Its Coin
Crypto exchange Binance has launched the mainnet for its smart contract-enabled blockchain and is also introducing staking for BNB tokens.

First Mover: Rookie YFI Token Jumped 8-Fold in August as DeFi Dominated
Yearn.finance's YFI token, which looked like another inside DeFi joke when it launched in July, dominated the August return rankings.

DeFi Is a 'Complete Scam,' Says Controversial Entrepreneur Craig Wright
nChain Chief Scientist Craig Wright has delivered an obscenity-laden interview discussing decentralized finance and stablecoins, calling such projects a "complete scam" and "illegal."
