DeFi TVL Rebounds 20% as Crypto Sell Pressure Wanes

The amount of collateral locked across various decentralized finance (DeFi) protocols has rebounded over the past two weeks or so, suggesting the sellers are running out of steam. Sponsored Sponsored As the bearish pressure eases and the crypto market selloff appears to have abated, more collateral is being pumped back into DeFi. Various DeFi analytics … Read more

DeFi Tokens Rebound as Crypto Market Adds $70B

Decentralized finance (DeFi) tokens are leading today’s market push which has increased total cryptocurrency market capitalization to over $1.5 trillion once again. Sponsored Sponsored Crypto markets are starting to show signs of recovery today as the total capitalization gains 2%, or $70 billion, over the past 24 hours. DeFi related assets are leading the charge … Read more

Impossible Finance Raises $7M for Binance Smart Chain DeFi Incubator

The latest decentralized finance (DeFi) protocol to get big backing from venture capitalists is Impossible Finance for a multi-chain incubator project. In an announcement on June 3, the DeFi protocol declared that it had secured $7 million from over 125 institutional and angel investors. The round was co-led by True Ventures, CMS Holdings, Alameda Research, … Read more