DeFi and stablecoins provided support for the crypto market’s recent rout

Whether or not you believe we are in a fully-fledged crypto bear market, the past month has been an undeniably rocky period for cryptocurrency. From a high of $2.6 trillion on May 12, the market has tumbled 33% as of June 14, with crypto’s bellwether token — Bitcoin — now sitting at just over $39,500 from a high of more than $58,000 just a few weeks ago.

We have seen somewhat of a recovery in recent weeks: while a 30% market crash sounds bad, it is a solid improvement on the 42% that crypto shed peak to trough, when Bitcoin…


Rarely a week goes by now without a slew of headlines about the world’s biggest cryptocurrency — Bitcoin. The latest, though, seems to have captured the imagination of mainstream press: the declaration from President Nayib Bukele of El Salvador that he intends to make Bitcoin legal tender in his country.

Announced in a pre-recorded message aired during the world’s biggest Bitcoin conference in Miami last week, President Bukele said that he would be sending a bill to lawmakers to make Bitcoin legal tender in the Central American nation. …


During the warmly-lit months of 2020’s “DeFi summer”, yield farming on Ethereum was relatively new, and very big news. Back then, Ethereum was alive with innovative and accessible opportunities for users to get involved in all areas of the DeFi ecosystem in return for a yield, often paid in native tokens that could then be put to work elsewhere to earn more.

These endless “farming” opportunities were a key attraction for many entering Ethereum’s new financial ecosystem. …


It has been a bruising couple of weeks in crypto, particularly for the sector’s flagship currency, Bitcoin (BTC). In the space of just 14 days, BTC plunged 45%, from $59,229 on May 10, to $32,458 by May 24. Within that time frame, Bitcoin witnessed some truly whiplash-inducing tumbles, at one point falling an incredible 34% ($15,500) in just 24 hours.

Bitcoin’s woes have weighed on the entire crypto market, which has fallen from a market cap of $2.5 trillion on 12 May to around $1.7 trillion by May 24. This is thanks in no small part to Bitcoin’s dominance, with…


In our latest alliance with a true innovator of decentralized finance (DeFi), YIELD App is thrilled to announce a partnership with Steady State — a cutting-edge insurance protocol that is set to transform the DeFi and cryptocurrency protection landscape.

Currently in its first stages of development, Steady State is pioneering a revolutionary new model in DeFi insurance that will insure platforms and protocols against a comprehensive range of risks — a first in the industry. …


By Jonathan Libby

The decentralized finance, or “DeFi”, ecosystem has presented us with one of the most exciting and innovative opportunities in finance for decades. Through a wide and growing global network of cutting-edge platforms and protocols, the ability to save, invest, borrow and lend in a decentralized way is finally being realized.

Since its early days in 2017, the DeFi space has grown to be an $80 billion dollar marketplace, with much of this growth coming over the past 12 to 18 months as platforms and protocols have launched increasingly viable products. …


As most not living under a rock will know, cryptocurrency’s chief meme, Dogecoin (DOGE), has been on quite the tear of late. From a price of just $0.005 at the start of the year, the canine-themed coin hit a high of $0.68 last Saturday, May 8th — an increase of 13,500% in a little over five months.

DOGE’s stratospheric rise has outstripped that of even Ether (ETH), which has recently made headlines for its 442% spike, from $738 in January to surpass $4,000 just this week. …


Uniswap V3 launches May 5th, 2021

In a space that has only gained significant traction over the past 12 months, it feels almost anachronistic to be declaring a completely game-changing addition to decentralized finance (DeFi). Declaring it we are, though.

Launching today, May 5th, 2021, Uniswap V3 is set to transform the fundamental infrastructure that underpins automated market makers (AMMs). From liquidity provision to layer 2 scaling and an entirely new base-case for non-fungible tokens (NFTs), there is little that V3 doesn’t switch up.

From pioneer to pioneer

Launched in November 2018, Uniswap V1 was a pioneering decentralized exchange (DEX) that has since set the standard for AMMs. Uniswap and…


Cryptocurrency has myriad potential benefits for users, savers, and investors across the globe. Within developing markets, however, it is frequently argued that blockchain technology and the transparent, digital currency that runs on it has the potential to transform economies beset by unstable national currencies and rampant hyperinflation.

Countries often cited as an ideal use case for crypto include Zimbabwe, which has been plagued by hyperinflation since 2007 (inflation grew 622% in 2020 alone), as well as politically volatile Venezuela, whose bolivar has famously been used as the raw material for handbags worth 10,000 times more as tourist souvenirs than the…


Cryptocurrency has delivered incredible returns for numerous investors in recent years, however, it is not without risks. While technological advancements are making increasingly rare the types of hacks and exploits that colored the early days of crypto trading (Mount Gox’s still unrecovered $45 billion loss a case in point) these incidents do still happen.

The explosion of decentralized finance (DeFi) has also given rise to a plethora of new risks in the cryptocurrency space. …

YIELD App

YIELD App offers the easiest way to invest in DeFi using crypto or traditional currencies, regardless of your financial or technological level of expertise.

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