A new initial exchange offering (IEO) on crypto exchange Gate.io has recently raised eyebrows in the crypto community with a sale that got reportedly oversubscribed a whopping 45 times. The token in question is the Meter Governance Token (MTRG) from a project known as Meter, which describes itself as "a DeFi [decentralized finance] infrastructure with…
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A new report has found that so-called “yield farming” has taken the decentralized finance (DeFi) scene “by storm” of late – but has failed to bring large amounts of new people to the DeFi table, and has done little to help the “DeFi community grow beyond its current borders.” These were the findings of a…
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Ethereum (ETH) Co-founder Vitalik Buterin said he has a bit of “love and hate” for the influx of decentralized finance (DeFi) apps that have been built on the network of late – although he labeled them “valuable and essential” to the blockchain’s community. Speaking in an interview with Ryan Sean Adams, Founder of crypto investment…
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A recently discovered ‘incident’ on the popular decentralized token swap platform Uniswap has sparked a discussion online, as some claim that an algorithm drove up the price of the bZx protocol’s BZRX token and then “dumped” it on retail users. The discussion today first started after Roman Storm, Founder of cybersecurity firm PepperSec, shared a…
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Despite already seeing huge growth this year, some investors believe the decentralized finance (DeFi) space has much more room to grow before the party is over, and that total value locked could still more than double in the next six months. The latest prediction for the future of the DeFi market came from Kelvin Koh,…
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