DeFi


Markets

Ren Just Had a Great Week as Demand for Bitcoin on DeFi Rises

Prices for ren, the token for the RenVM DeFi network, experienced a great week, as the demand for bitcoin rises on DeFi.

Winter wren

Markets

First Mover: Money Legos Turn 'Exuberant' as Chainlink Stripped of 'DeFi'

This year's growth in the cryptocurrency subsector DeFi has been so remarkable that some analysts are now calling the phenomenon "exuberant."

Exuberant dancers. (Christy Gallois/Flickr Creative Commons, modified by CoinDesk)

Markets

$200M Staked in YAM-Inspired DeFi Protocol in Under 12 Hours

The DeFi craze continues as investors stake $200 million in a new yield farming protocol that's not even 12 hours old yet.

(BLueFiSH.as/Wikimedia Commons)

Markets

Binance-Owned WazirX Announces DeFi Project With Matic

The exchange has opted for Matic instead of Ethereum’s network, which is currently dominating the DeFi space because of "high gas costs."

The Gateway of India in Mumbai.

Markets

DeFi-Yield-Hunting Token YFI Explodes to $11K From $32 in One Month

A governance token for DeFi investment protocol yEarn Finance has shot up to over $11,000 despite barely being a month old.

YFI price performance over the past seven days (CoinGecko)

Markets

Market Wrap: Bitcoin Cracks $12.4K; DeFi Crosses $6B Locked

Bitcoin experienced a big jump Monday as investors continue to drop crypto into DeFi.

CoinDesk 20 Bitcoin Price Index

Markets

Huobi Launches Consortium of DeFi Providers and Platforms With MakerDAO, Compound

Huobi has launched a new consortium with MakerDAO and Compound to promote decentralized finance.

Huobi OTC

Finance

Bitcoin DeFi May Be Unstoppable: What Does It Look Like?

Bitcoin veterans are about to join the decentralized finance (DeFi) bull run, and they are taking a very different approach than Ethereum fans.

CoinDesk placeholder image

Finance

Enterprises Would Use DeFi, if It Weren't so Public

For DeFi to go mainstream, it needs to adopt the privacy large enterprises require.

(Stefan Steinbauer/Unsplash)

Tech

Newest DAO Project Was Thrown a Curve, but the Team Is Rolling With It Anyway

An anonymous DeFi user deployed Curve Finance’s DAO and token smart contracts without the team’s permission, but the Curve team is adopting it anyway.

(Jose Morales/Unsplash)