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Day: October 8, 2020

Cratering Yields Sends DeFi Niche into Death Spiral

cryptocurrency October 8, 2020

Key Takeaways Strong pullbacks in the price of governance tokens signal that the DeFi bubble has burst.  The annual percentage return (APR) on DeFi platforms has dropped significantly since September.  The total value locked (TVL) in DeFi has turned south, currently testing $10 billion as support.  Share this article Falling yields and demand for popular […]

Solana set to launch decentralized Ethereum bridge to power DeFi

cryptocurrency October 8, 2020

Advertisements Ethereum liquidity will no longer have to go through FTX to reach Solana. Solana, the smart contract platform that recently entered the spotlight thanks to FTX’s Serum, announced the upcoming release of what it says is a decentralized bridge for Ethereum ERC-20 tokens. Called Wormhole, the bridge would allow users to transfer value between […]

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