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DeFi

Decred Announces the Launch of its First Decentralized Exchange DCRDEX

Kavon Hyatt | October 22, 2020 | Leave a comment
Amid the decentralized finance (DeFi) hype, the decentralized exchanges (DEX) witnessed massive growth and popularity. In the third quarter of 2020, DEXs grew more than that of centralized exchanges. The growing popularity of decentralized exchanges has led the digital...
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Decentralized Exchanges Saw More Growth in Q3 2020 Than Centralized Exchanges

Kavon Hyatt | October 18, 2020 | Leave a comment
The entire third quarter of 2020 has been all about the decentralized finance (DeFi) sector and the yield farming craze that occurred in this industry. In Q3, the growth of the whole DeFi sector was on a significant rise....
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Price Update for Three DeFi Coins: Uniswap (UNI), Yearn Finance (YFI), SushiSwap (SUSHI)

Kavon Hyatt | October 17, 2020 | Leave a comment
The decentralized exchange Uniswap’s native governance token Uniswap, Yearn Finance’s governance token YFI, and the decentralized on-chain protocol Sushiswap’s SUSHI token are one of the most popular digital tokens in the decentralized finance (DeFi) industry. They have grabbed the...
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This Strategist Believes Number of BTC on Ethereum May Surge by 20-Fold by 2021

Kavon Hyatt | October 12, 2020 | Leave a comment
A cryptocurrency strategist thinks that the number of Bitcoin (BTC) on Ethereum is expected to skyrocket by the next year in 2021. According to the strategist’s claim, the number of Wrapped Bitcoin (WBTC) would reach $30 billion by the...
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Binance DeFi Composite Index Plunges Down 50% on Its First Month

Kavon Hyatt | October 5, 2020 | Leave a comment
The world’s largest digital currency exchange by trading volume Binance’s DeFi Composite Index has not shown good performance in the previous month. In its first month, the cryptocurrency exchange’s DeFi Composite Index has plunged down by 50 percent. DeFi...
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