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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…
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Decentralized protocol Yearn Finance lost $1.4 million due to a multisig script error. Information about this appeared on the project’s GitHub page, which led to significant price slippage and arbitrageurs making money from the error. The Yearn Finance team appealed…
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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…
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Yearn.Finance skyrockets over 100% as the team announces that v3 is coming soon.
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The popular decentralized finance (DeFi) platform, Yearn Finance, was recently hacked using the open-source liquidity protocol, Aave. Per the on-chain data, the hacker has already moved more than $11.5 million in stablecoins. According to the on-chain data, the exploiter used…
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Two transactions worth nearly $60m in YFI, the native governance token of Yearn Finance, a DeFi protocol, have been posted on the platform, Santiment data on Feb. 8 shows.
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Yearn Finance, Balancer, Euler, MakerDAO, and more than 30 top DeFi dApps are taking part in a "creative campaign" to bring to light the various advantages of permissionless and decentralized protocols.
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DeFi aggregator protocol Yearn Finance has launched a new product that allows users to create sophisticated permissionless vault factories on its platform. Yearn’s auto-compounding yVault Yearn.finance, a DeFi aggregator protocol with $382,650,687 in total value locked (TVL), has launched the…
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During the initial days of blockchain technology, prominence was explicitly placed on the development of the network. The industry grew enormously, creating a new financial system dubbed Decentralized Finance (DeFi). What is a DeFi Protocol? DeFi protocols are autonomous programs…
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dYdX, a decentralized exchange for crypto derivatives, says it has ended its $25 first deposit bonus program.
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Senior developers at the Fantom Foundation Anton Nell and Yearn Finance founder Andre Cronje announced their exit from the crypto space.
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Swiss crypto-friendly bank SEBA has expanded its crypto footprint by adding support for prominent decentralized finance (DeFi) tokens. DeFi continues to experience tremendous growth with the emerging market segment now existing across multiple blockchain networks including Ethereum (ETH) and the…
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The founder of DeFi platform Curve, a decentralized liquidity pool, took over 70% of the network’s voting power over the weekend. His move came as Yearn.finance, the yield farming app, attained over 58% of the voting power on the network.…
