News | Publish0x
News
News

News

Official Publish0x Crypto News Channel


DeFI TVL Soars to $55B

11 Feb 2021 1 minute read 58 comments Abhimanyu Krishnan

The total value locked into the DeFi market has skyrocketed so far this month, reaching an all-time high of $54.75 billion as of Feb. 11. DeFi market data tracker DeFi Llama shows that the TVL has soared to new ATHs of over $54 billion amid the rall...

ETH2 Hits New Milestone with Over 3 Million ETH Staked

11 Feb 2021 1 minute read 17 comments Abhimanyu Krishnan

The eth2 beacon chain contract has hit a new milestone, crossing over 3 million in staked ETH on Feb. 10. Over 85,000 validators have staked over 3 million ETH, equivalent to $5.5 billion at ETH’s current price The staked amount is approximately 2.7...

Harvest Finance Brings 1INCH Rewards to Farms, Picks SUSHI-ETH for APY Spray

10 Feb 2021 1 minute read 4 comments Abhimanyu Krishnan

On Feb 7, yield farming platform Harvest Finance (FARM) introduced 1INCH rewards for several farms, with APYs exceeding 70% for most of them. Users can receive 1inch rewards in the following pairs: ETH-DAI, ETH-USDC, ETH-USDT and ETH-WBTC; these rew...

Yield Credit (YLD) Migrates to SushiSwap from Uniswap

10 Feb 2021 1 minute read 2 comments Abhimanyu Krishnan

According to an announcement made on Feb. 7, DeFi protocol Yield Finance (YLD) has migrated to SushiSwap from Uniswap, with the Yield Garden henceforth using SushiSwap Liquidity Provision (LP) tokens. Yield Garden v1 had two liquidity pools, ETH-YLD...

Balancer Unveils V2 of Balancer Protocol

3 Feb 2021 1 minute read 45 comments Abhimanyu Krishnan

In a blog post published on Feb. 2, Balancer (BAL) revealed the details of the upgrades that will arrive with Balancer v2. The four factors driving the v2 upgrade are security, flexibility, capital efficiency and gas efficiency, with the overall goa...

Ren Joins Alameda Ecosystem

3 Feb 2021 1 minute read 5 comments Abhimanyu Krishnan

The Ren (REN) project has joined the Alameda Research ecosystem to bring interoperability solutions to the Solana blockchain, according to a blog post published on Feb. 2. Ren’s role in the collaboration will be to support the Solana blockchain in i...

YFI Governance Community Vote to Mint 6,666 Tokens Passes

3 Feb 2021 1 minute read 1 comment Abhimanyu Krishnan

On Feb. 3, the Yearn.finance (YFI) governance community passed a proposal to mint 6,666 YFI tokens, a 22% increase in the token’s total supply.  The decision to add more YFI tokens first saw discussion on Jan. 21, with the change receiving near unan...

Kraken Will Run a Chainlink Node

2 Feb 2021 1 minute read 9 comments Abhimanyu Krishnan

Kraken will run a Chainlink (LINK) node to make its spot prices available to DeFi apps and developers, the exchange announced on Feb 1. Kraken is running the Chainlink node to broadcast its spot prices to any blockchain, as well as provide users wit...

Bancor Will Bring Its Liquidity Protocol to Polkadot

2 Feb 2021 1 minute read 1 comment Abhimanyu Krishnan

The Bancor Network (BNT) team announced in a blog post published on Feb. 1 that it will bring its liquidity protocol to the Polkadot (DOT) network. The implementation is expected to allow users to trade between Polkadot and ERC-20 tokens using Banco...

Blockchain Game Axie Infinity Switches to Ethereum Sidechain Ronin

2 Feb 2021 1 minute read 3 comments Abhimanyu Krishnan

According to a blog post published on Feb. 1, blockchain based game Axie Infinity has switched to Ethereum sidechain Ronin, with in-game land and items migrating to the sidechain over the coming week. The decision to move to Ronin was motivated by t...