Tagged: yearn.finance

July 31, 2021 @ 2:29 pm By Omar Faridi  |  

Blockchain analysis firm Chainalysis has added advanced investigation and compliance support for six more widely-used ERC-20 tokens. All six crypto tokens are decentralized finance or DeFi related and five of them “specifically belong to top DeFi protocols,” the blockchain firm noted in a recent update…. Read More

July 3, 2021 @ 7:14 pm By Omar Faridi  |  

Spencer Noon, an investor in Variant, a first-check cryptocurrency venture capital fund, has released their latest Network report, which covers stablecoins and Instadapp. Spencer Noon notes in their weekly update that The Graph recently launched 43 RFPs for different ecosystem initiatives. You may submit an… Read More

July 2, 2021 @ 12:21 pm By Omar Faridi  |  

Yearn Finance, a group of products managing more than $3.75 billion worth of capital that allow users to “optimize” their earnings on crypto-assets via lending and trading services, revealed on July 1, 2021, that it has launched its bounty program with Immunefi, which is one… Read More

June 27, 2021 @ 4:16 pm By Omar Faridi  |  

The team at Blockchain.com, a leading crypto wallet, block explorer, and trading platform provider, recently revealed that they’re now supporting AAVE and YFI (yearn.finance) Interest Accounts at “a current annual interest rate of 8%.” In September of last year, Blockchain.com had announced support for AAVE… Read More

February 11, 2021 @ 10:35 pm By Omar Faridi  |  

DeFi architect Andre Cronje notes that Yearn.Finance has “blazed the path for community run and developer first open collectives that acted as Badgers blueprint.” Badger is a Bitcoin-on-Ethereum yield vault initiative. As explained on its website, users are able to deposit tokenized Bitcoin in Sett… Read More

February 5, 2021 @ 8:07 am By Omar Faridi  |  

  Garrick Hileman, Head of Research at Blockchain.com and visiting fellow at the London School of Economics, says that the future “doesn’t look like Robinhood.” Hileman writes in a blog post that “disgust over GameStop’s trading shutdown” will most likely accelerate the adoption of decentralized… Read More

January 10, 2021 @ 1:40 pm By Omar Faridi  |  

As Bitcoin (BTC) kept rallying, so have Ethereum (ETH) and some major decentralized finance (DeFi) tokens, followed by a lot of congestion on the Ethereum blockchain network, the OKCoin team confirmed. The crypto exchange noted in its crypto market report that if you’ve been keeping… Read More

November 29, 2020 @ 6:42 pm By Omar Faridi  |  

Andre Cronje, a decentralized finance (DeFi) architect who has created Yearn.Finance, a yield optimization protocol for stablecoins, has confirmed that Yearn and Cover Protocol have joined forces. Cronje, who’s also involved in other initiatives like Curve.finance, an efficient stablecoin automated market maker, notes that “providing… Read More

November 21, 2020 @ 1:12 pm By Omar Faridi  |  

Analysts are still quite bullish on decentralized finance (DeFi) as increased capital flows indicate that the market is “primed to move higher,” according to a report from OKCoin. Following Bitcoin’s (BTC) ascent to around $18,700, major DeFi tokens have continued to surge as well. OKCoin’s… Read More

November 14, 2020 @ 4:26 pm By Omar Faridi  |  

After experiencing a strong correction earlier this month, leading decentralized finance (DeFi) tokens have been able to recover strongly, OKCoin reports. The San Francisco-based crypto exchange notes that DeFi tokens crashed in late-October 2020 and were performing poorly earlier this month as investors appeared to… Read More

October 31, 2020 @ 6:37 pm By Omar Faridi  |  

Several major decentralized finance (DeFi) assets have experienced correction as Bitcoin (BTC) surged this past week. However, the “fundamental” developments continued, “pointing to long-term momentum,” according to a report from OKCoin. The crypto exchange notes that Bitcoin continued its ascent during the past week. The… Read More

October 24, 2020 @ 11:10 am By Omar Faridi  |  

The system-wide Ethereum 2.0 upgrade is now just a few weeks away. As the date of the planned update gets closer, the ETH price keeps rising. Ethereum (ETH), the world’s second-largest cryptocurrency by market cap and adoption, has surged 15% this past week (trading at… Read More

October 13, 2020 @ 8:28 pm By Omar Faridi  |  

OKCoin, a regulated crypto exchange which recently announced the launch of its Singapore offices, has revealed that it will be listing several (decentralized finance) DeFi assets including Chainlink (LINK), YF LINK (YFL), and DFI.money (YFII). OKCoin recently listed several major DeFi focused tokens including Compound… Read More

October 3, 2020 @ 3:39 pm By Omar Faridi  |  

DeFi (decentralized finance) growth continued this week as Galaxy Digital, a full-service crypto merchant bank, made strategic investments in Parafi, a digital asset fund focused on DeFi investments. As noted by KuCoin exchange (which was hacked recently): “Following bitcoin (BTC) and ethereum’s (ETH) trajectory, leading… Read More

September 12, 2020 @ 2:23 pm By Omar Faridi  |  

On September 14, 2020, Coinbase Pro (for professional traders) users will be able to transfer  yearn.finance (YFI) tokens into their accounts ahead of scheduled trading. The San Francisco-based crypto exchange noted that support for YFI tokens will be available in all of its supported jurisdictions,… Read More