It doesn’t take a software engineer to understand why the new version of Balancer marks a cool innovation in on-chain trading for Ethereum tokens. Balancer, a non-custodial portfolio manager, is releasing version 2.0, which puts all the assets entrusted...
Some tricks of the trade employed by today’s booming decentralized finance (DeFi) platforms are being used for a completely new paradigm: decentralized data marketplaces. Announced Thursday, blockchain-based data monetization startup Ocean Protocol is teaming up with Balancer Labs to...
Bitcoin and Ethereum have bounced a few percent over the past few hours, as are altcoins like Balancer. The Ethereum-based BAL is up 26% in the past 24 hours according to Coin Market Cap, reaching a price of $23.50...
While Bitcoin and Ethereum have stagnated over recent days, multiple altcoins are pressing higher and higher. Zcash, for instance, has gained dozens of percent in the past week alone as its technical and fundamental case strengthens. The coin of...
It’s effectively July 2017 in the world of decentralized finance (DeFi), and as in the heady days of the initial coin offering (ICO) boom, the numbers are only trending up. According to DeFi Pulse, there is $1.9 billion in...
Decentralized exchanges (DEXs) are seeing more action than ever thanks to a surge in decentralized finance (DeFi) activity. The chief benefit of DEXs compared to the Coinbases of the world? They allow users to hold their crypto until they...
“We were not aware this specific type of attack was possible.” Decentralized finance (DeFi) liquidity provider Balancer Pool admitted early Monday morning it had fallen victim to a sophisticated hack that exploited a loophole, tricking the protocol into releasing...
Automated market maker protocol Balancer lost over $450,000 in a hacking incident on Sunday. The firm’s co-founder and CTO, Mike McDonald, confirmed that hackers drained at least two of their pools that contained deflationary tokens STA and STONK. He...
The liquidity mining boom may be upon us. Balancer Labs, the maker of an automated portfolio management tool, has confirmed with CoinDesk it has begun distribution of its BAL token. Following the persistent mania around last week’s debut of...