News with the tag "Yearn"

The cryptocurrency market displayed strong bullish momentum on Thursday, shrugging off hotter-than-expected US inflation data for January. Bitcoin (BTC) regained ground above $96,000, while Ethereum (ETH), XRP, and Solana (SOL) traded firmly in the green. Despite a higher-than-expected US Consumer P...

Andre Cronje, the founder of Sonic, wrote that pressure from the United States Securities and Exchange Commission led to his abrupt departure from the cryptocurrency industry in 2022. In a new blog post , Cronje detailed a years-long struggle with the regulator that ultimately forced him to step awa...

The founder of layer-1 blockchain Sonic ( S ) is speaking up about his decision to step away from crypto in 2022, two years after launching the decentralized finance (Defi) platform Yearn Finance ( YFI ). In a post on Medium, Andre Cronje says he stopped his public engagement with DeFi because of re...

The crypto market was jittery on Wednesday ahead of the US Fed’s interest rate decision. Bitcoin (BTC) and leading altcoins like Ethereum (ETH), XRP, and Solana (SOL) have remained volatile on January 29. Investors remain cautious as they await US Fed Chair Jerome Powell’s speech, with some speculat...

The cryptocurrency market was strongly bullish today, with Bitcoin (BTC) reclaiming the $100,000 mark and XRP reaching a record high of $3.18. The global crypto market cap surged to $3.5 trillion, up 3.7% in the last 24 hours. The total crypto market trading volume over the past 24 hours has surged ...

Aave founder Marc Zeller has proposed new risk parameters on Polygon in response to plans to farm over $1 billion in stablecoin reserves.

Kraken announced on October 17 the launch of its wrapped Bitcoin kBTC, which is cross-network compatible and fully backed 1:1 by the top cryptocurrency. The tokenized BTC token will allow users to engage with it on decentralized applications (dApps), which is made possible through interoperability w...

In five short months, FTM, the native coin of the Fantom Network, has been in free fall. In summary, the token is down a massive 70% from March highs but is presently stable, following a stream of supportive fundamentals. A big part of the recent turnaround is due to a recovery in DeFi and capital f...

In Guangdong province, China’s authorities have arrested a person who manipulated the process of identity verification to claim StarkNet (STRK) airdrop rewards illegally. The suspect, Lan Mou, employed false identities to enroll in StarkNet’s Early Community Member Program (ECMP) more than forty tim...

An Ethereum-based (ETH) decentralized exchange (DEX) has suffered millions of dollars in losses after an alleged market manipulation attempt by a rogue user. In a new thread on the social media platform X, the DEX protocol dYdX says that $9 million from its insurance fund was used to fill gaps in li...