Analyst Calls for Yearn Finance (YFI) Rally on Bitcoin’s Stabilization Signals
As Bitcoin catches a break after exploding above $13,000 last week, it’s mid-cap rival Yearn Finance (YFI) is
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Finance
Harvest Finance Token Plummets 65% After Attack Saps DeFi Site of TVL
A possible exploit in decentralized finance (DeFi) protocol Harvest Finance has sent the platform’s native token, FARM, tumbling by 65% in less than an hour, according to CoinGecko.According to reports surfacing early Monday, upwards of $25 million in value has been drained from Harvest Finance pools and swapped for renBTC
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Harvest Finance Doubles Total Value Locked to $704M in One Week
Harvest Finance, a decentralized platform that lets users automatically “farm” assets for the highest returns in other decentralized finance (DeFi) projects, now has more than $700 million in total value locked, according to DeFi Pulse, unseating decentralized derivatives exchange Synthetix. Source
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Hong Kong ‘Exploring’ Collaboration With China on Digital Yuan: Finance Chief
A cross-boundary digital yuan could bring Hong Kong closer to China, Hui said. Source
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Analysts Expect Major Yearn Finance (YFI) Rebound after Subsiding FUD
Yearn Finance’s governance asset, YFI, was flying north during the European session Wednesday even as the token remained
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Market Wrap: Bitcoin Bounces to $11.8K; Over 10K BTC Locked in Harvest Finance
Bitcoin traders hit the buy button Monday while a DeFi project gains $135 million in BTC locked since the start of September.Bitcoin (BTC) trading around $11,689 as of 20:00 UTC (4 p.m. ET). Gaining 2.2% over the previous 24 hours.Bitcoin’s 24-hour range: $11,409-$11,839BTC above its 10-day and 50-day moving averages,
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Why a Technical Analyst is Predicting a Sub-$8K Yearn Finance (YFI) Crash
More warnings flashed for Yearn Finance’s governance token YFI even as it showed signs of recovering after an
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‘Only in Crypto’: What the OKEx Mess Says About New and Old Finance
When will we ever learn? Not your keys? Not your coins. On Friday morning as the OKEx withdrawal-freeze story twisted and turned, CryptoX’s editors had an off-the-cuff discussion about the fundamental realities and unique challenges of security for even the largest exchanges. Source
Read MoreBitcoin genesis block is the ‘New Testament’ of finance
“Fiat lux”, said God, having created heaven and earth, which was filled with darkness. And then, there was light. At least, that’s what the Holy Bible tells us. Translated to English, this Latin phrase means “let light be made.”For Christians, who much of the global population, these words mark
Read MoreYearn finance (YFI) gains 36% as DeFi tokens follow Bitcoin’s bullish trend
In the past 72 hours, Yearnfinance (YFI) surged by 58% after dropping to as low as $12,260 at a few exchanges. Three factors that may have catalyzed the sharp rebound are: YFI had become deeply oversold, lead developer Andre Cronje’s deep commitment to the project and the ever expanding use cases
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