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A Beginner's Guide to Yield Farming in DeFi
cryptocurrency

A Beginner's Guide to Yield Farming in DeFi

Learn the basics of yield farming in DeFi, including how it works, its importance, and potential risks, according to Gala News.

BounceBit's Maximal Capital Efficiency Strategy: A Comprehensive Guide
cryptocurrency

BounceBit's Maximal Capital Efficiency Strategy: A Comprehensive Guide

BounceBit introduces a guide to maximize yield via CeFi and DeFi integration.

Portal Debuts on Binance Launchpool for BNB and FDUSD Farming
cryptocurrency

Portal Debuts on Binance Launchpool for BNB and FDUSD Farming

Binance Launchpool has added cross-chain gaming startup Portal for a new farming event. Users can earn PORTAL tokens by staking BNB and FDUSD over 7 days starting February 22nd. PORTAL will then list on Binance against major trading pairs.

Federal Reserve Lifts Enforcement Action on FTX-Linked Farmington Bank
cryptocurrency

Federal Reserve Lifts Enforcement Action on FTX-Linked Farmington Bank

The Federal Reserve has terminated its enforcement action against Farmington State Bank, linked to the collapsed crypto exchange FTX, marking the bank's shift away from operations and reinforcing depositor protection efforts.

Kyber Network Advises Removal of Funds Amid Potential Vulnerability
cryptocurrency

Kyber Network Advises Removal of Funds Amid Potential Vulnerability

Kyber Network has advised liquidity providers to remove their funds due to a potential vulnerability in the Kyberswap Elastic decentralized crypto exchange. No funds have been lost, and farming rewards have been temporarily suspended until a new smart contract can be deployed.

Lido Launches Layer-2 Ethereum Staking And 150,000 LDO Tokens In Rewards
cryptocurrency

Lido Launches Layer-2 Ethereum Staking And 150,000 LDO Tokens In Rewards

Lido is now live on layer-2 solutions, Arbitrum, and Optimism, and would allocate 150,000 LDO tokens in rewards per month from Oct 7 for wstETH across each network.

Virginia Pension Fund Enters Crypto Lending Space to Enhance Returns
cryptocurrency

Virginia Pension Fund Enters Crypto Lending Space to Enhance Returns

Fairfax County Retirements Systems, a $6.8 billion Virginia pension fund, seeks to expand its scope by entering the crypto lending market to boost its returns.

DeFi to Reach $20 Billion in Total Value Locked by the end of 2020
cryptocurrency

DeFi to Reach $20 Billion in Total Value Locked by the end of 2020

The decentralized finance (DeFi) industry recently reached over $15 billion in total value locked before dropping back to $14 billion in TVL.

Yearn.finance Takes Pickle Finance Protocol Onboard to Enhance DeFi Rewards
cryptocurrency

Yearn.finance Takes Pickle Finance Protocol Onboard to Enhance DeFi Rewards

Leading DeFi protocol Yearn.finance has absorbed Pickle Finance to create a structure that will leverage shared expertise, boost specialization, and minimize work duplication.

Could DeFi’s Yield Farming Craze Hinder Ethereum 2.0’s Upcoming Launch?
cryptocurrency

Could DeFi’s Yield Farming Craze Hinder Ethereum 2.0’s Upcoming Launch?

According to a report by ConsenSys, high yields gained from DeFi protocols running on the Ethereum blockchain may be problematic for ETH 2.0 in the long run.

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