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Cega Closes $4.3M in Funding From Coinbase, Alameda to Build First Exotic DeFi Derivatives

Cega Closes $4.3M in Funding From Coinbase, Alameda to Build First Exotic DeFi Derivatives

On March 8, Cega Finance announced that it had raised $4.3 million in a seed round led by Dragonfly Capital Partners. There was also participation from various DeFi and crypto VCs, including Pantera Capital, Coinbase

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Value Locked in Defi Sheds $55 Billion in 2 Months, Ethereum’s Defi Dominance Loses 14%

Value Locked in Defi Sheds $55 Billion in 2 Months, Ethereum’s Defi Dominance Loses 14%

The crypto-economy has been sliding in value during the last 48 hours as the current market valuation for all 13,000+ crypto assets is $1.83 trillion. Furthermore, the total value locked (TVL) in decentralized finance (defi)

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DeFi Tokens Tank as Devs Quit

DeFi Tokens Tank as Devs Quit

The native tokens of Yearn.Finance, Solidly, Fantom and other Andre Cronje-related projects have taken a beating after Andre Cronje’s sudden departure Yearn.Finance and Keep3r developer Andre Cronje called it along with fellow software architect Anton

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Yearn.Finance (YFI) DeFi Protocol Finally Expands to Ethereum’s Arbitrum

Yearn.Finance (YFI) DeFi Protocol Finally Expands to Ethereum’s Arbitrum

Arbitrum becomes the first Ethereum L2 to be integrated by top DeFi protocol Yearn.Finance Yearn.Finance (YFI), one of the most technically advanced decentralized finance protocols, announces its expansion into Ethereum-based layer 2 Arbitrum solution. Yearn.Finance

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Ethereum DeFi user numbers reveal this truth about the success of Ethereum adoption

Ethereum DeFi user numbers reveal this truth about the success of Ethereum adoption

When looking at 2021 in crypto, experts and analysts often use the term “DeFi boom”. Additionally, as a top alt, Ethereum is often touted as driving this boom. However, is Ethereum adoption really all it’s

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Yearn.Finance (YFI) DeFi Was Vulnerable to Flash Loan Attack; Are Funds SAFU?

Yearn.Finance (YFI) DeFi Was Vulnerable to Flash Loan Attack; Are Funds SAFU?

Yearn.Finance (YFI), a leading DeFi ecosystem and one of the most hyped protocols in the DeFi summer of 2020, shared the design of the attack against its architecture (now patched) Banteg (@bantg), a core developer

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What Is Beta Finance (BETA)?

What Is Beta Finance (BETA)?

Beta Finance (BETA) protocol runs on an isolated collateral model, serving as a gateway to the money market for DeFi users who can have unrestricted access to digital tokens that run on permissionless protocols. Users can borrow,

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MetaVPad (METAV) Review: Everything You Need To Know

MetaVPad (METAV) Review: Everything You Need To Know

Widely thought to represent the next evolution of the internet, the idea of the metaverse was catapulted into the spotlight after it was announced that Meta (formerly Facebook) would be spending $10 billion in 2021 alone to

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Value Locked in Defi Climbs 13% Higher Since Last Week’s Low, SOL Price Jumps 25%, AVAX TVL Spikes

Value Locked in Defi Climbs 13% Higher Since Last Week’s Low, SOL Price Jumps 25%, AVAX TVL Spikes

The total value locked (TVL) in decentralized finance (defi) has jumped back above the $200 billion range, hovering around $216.49 billion on Saturday morning (EST). The TVL in defi has increased 13.60% since tapping a

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The Rising Standards of DeFi Amidst A Bear Market

The Rising Standards of DeFi Amidst A Bear Market

It’s no longer enough for DeFi initiatives to simply hand out tokens to attract investors. As DeFi is not just a fringe of financial interactions, the standards for projects in the space are rising.  The recent market downturn is

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