News of the hack caused the Yearn’s native currency YFI to fall by around 15%, from $35,000 to just under $30,000
Through the latest surge in the price of the DeFi giant Aave, the Total Value Locked (TVL) has also increased in a corresponding manner.
In Q2 2021, PolkaInsure’s mainnet will be launched and the PIS token will migrate from Ethereum to the Polkadot ecosystem.
Although the price of Ethereum is slightly down from its all-time high at the time of writing, it is a long way up from its lowest price point of $0.4209 attained back in October 2015.
One of Universa Blockchain’s partners, the Blockchain and Cryptocurrency Association, has joined forces with the Joys Platform to roll out a new payment system.
The open interest in Ether Futures has spiked by 50% while the Ethereum buy call options have also shot up significantly. More importantly, institution buying has resumed in Ethereum with its improving on-chain fundamentals.
OKEx notes that the new Lightning Integration will help to significantly reduce average transaction costs and improve transaction times while improving the user experience on the platform.
With the increasing interest in Bitcoin and altcoins among institutional investors, Grayscale has been expanding its offerings.
The collaboration with Tegger is a further boost for Props after the project was recently listed on several big non-US cryptocurrency exchanges, including OKEx and KuCoin.
Besides Alphabit, Stratis also boasts of partnership with Microsoft Corporation (NASDAQ: MSFT), Binance, Changelly, and Azure amongst others
A clear example of Nimbus taking the best measures to protect decentralization is the fact that only 10 percent of the Nimbus Governance Tokens shall be reserved for the Nimbus organization.
While Bridge Mutual is relatively young, its offerings are game-changing as it seeks to bring the profits of mainstream insurance businesses to the lovers of blockchain and decentralized finance innovations.
Despite its popularity as a platform for DeFi applications, the rampant growth in both the number of DeFi applications and the number of users has put a strain on Ethereum’s infrastructure, leading to a number of challenges that many Ethereum DeFi users now face on a regular basis.
The attack had a rather strange outcome, as the Hacken CEO stated that this “was not a typical hacking”, and he plans to discuss the project with the hackers.
Besides incentivizing users who make payments with the tokens, the PRQ tokens have other unique advantages and use cases.