Decentralized much? Crypto projects take drastic steps after $200 million hackBTC $10,880 (+1.2%) • ETH $363 (+2.5%) • XRP $0.24 (+1.2%)
The bad actors behind the estimated $150-$200 million hack of crypto exchange KuCoin managed to proven two aspects of the young market in their wake: 1. Cryptocurrencies are susceptible to hacks on even the best exchanges, and 2. True decentralization isn’t around just yet. 📈 Trending … DeFi Tokens • Oracle Tokens • Biggest Gainers • Stablecoins More news ⏬This DeFi trend suggests crypto will reach a market cap in the trillions in the future
While Bitcoin, Ethereum, and other crypto-assets have seen parabolic growth over recent years, they’re far from relevant on a macro scale. Bitcoin basher Nouriel “Dr. Doom” Roubini brands $13b DeFi industry “vaporware”
The decentralized finance space has seen a parabolic explosion since the start of 2020. Founder of China’s NEO says DeFi is just getting started, launches “Flamingo”
The decentralized finance (DeFi) crypto market has dominated both charts and headlines in the past few months, with some heralding the nascent, yet billion-dollar, crypto sub-sector as the next frontier for attracting capital and retail participants. This Ethereum coin hit $40m and retraced 75% in the 24 hours after its launch
It seems that the fears of a DeFi bear market were overblown. LEND, the DeFi darling up 5,000% in 2020, is about to undergo a critical upgrade
Aave has quickly become a flagship product in Ethereum’s DeFi ecosystem. Chinese state TV just shilled DeFi and Ethereum to hundreds of millions of users
Over the past few years, Chinese authorities have undergone a strong crackdown on most things crypto in the country. Analytics firm: Bitcoin investor sentiment reaches 2-year low as momentum stalls
Bitcoin’s price action has been fairly boring in recent weeks, with it establishing a wide trading range between $10,200 and $11,200. Responding to 1,000%+ spike in Ethereum fees, Synthetix is testing layer-2 tech
It’s been quite the year for DeFi. This hedge fund is raising millions to trade DeFi tokens like YFI and LEND
A crypto-focused hedge fund is now accepting investors and raising funds for the launch of an algorithmic hedge fund to generate profits from the rapidly growing decentralized finance (DeFi) market, as per a release. Featured event
Virtual Blockchain Conference BlockDown is back for a third edition this Halloween (Oct. 22-23) with a host of the blockchain world’s biggest and brightest stars lined up to deliver ground-breaking keynotes and spark informed and fierce debate on the industry. Whilst the virtual conference space has been saturated in recent months, BlockDown Conference has consistently delivered the best content and is a must for any avid crypto enthusiast. 🗞 Got a story tip? Email tips@cryptoslate.com Crypto market dataFor more pertinent market data, please see: Connect with usDisclaimer: None of the content in this newsletter is meant to be financial advice. Please do your own due diligence before taking any action related to content within this article.
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