News with the tag "yearn finance"

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...

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...

Decentralized cryptocurrency exchange dYdX has introduced new measures to reduce trading risks after burning $9 million of its insurance fund on Nov. 17 to cover users’ losses. According to the statement, the crypto exchange has increased margin requirements in several “less…

dYdX had to take out millions from its insurance fund to cover user liquidations on its platform. This action was forced after the recent liquidations in the Yearn.Finance (YFI) market. The post dYdX Withdrew About $9 Million To Fill Gaps After Liquidations In The YFI Market appeared first on Bitcoi...

Recent data analysis reveals a significant decline in the performance of YFI, the native token of the Yearn Finance platform. In a dramatic overnight development, the native token of the Yearn Finance ecosystem witnessed a staggering 40% plunge. This downturn in YFI’s performance prompts a closer ex...

The massive price slump came after several consecutive days of charting notable gains.

Yearn.Finance skyrockets over 100% as the team announces that v3 is coming soon.

One of the biggest market makers in crypto is having trouble getting nearly free money out of Yearn Finance.