Breaking NewsCrypto venture firm Draper Goren Holm goes big on DeFi        Cryptocurrency Profits 2020: Bitcoin and Ethereum Top the List        Santiment: Ethereum might face correction – DeFi token Ampleforth will rise        China’s central bank endorses CITIC $42 billion trade finance blockchain        Wall Street Revealed To Be Edging Out Bitcoin Traders With $1 Million+ Transactions        ALT 5 Sigma Launches Real-Time Physical Gold and Silver Trading Priced in Bitcoin and (USDT …        Big Boom in Crypto Tokens Market With A Growing Cagr During 2020-2027| Tether, Chainlink, com …        Copper’s upgrade lets large investors trade in crypto derivatives        IOTA’s Price Aims to Erase Effects of Trinity Hack, Coronavirus Crash        LiquidX Launches Strategic Product InBlock        Grayscale files for Ethereum Trust to attain higher SEC status        Russia’s Sberbank Launches Blockchain on Hyperledger, Mulls Stablecoin in 2021        Uniswap sees 15-fold uptick in web traffic during DeFi boom        From Cash to Cat – A New Attempt to ‘Make Bitcoin Great Again’ In Works        Digital Asset Management (DAM) Systems Market to Watch: Spotlight on Mediavalet, Cognizant …        Digital Asset Management (DAM) Market Size, Share Industry Growth, Demand, Emerging …        Behind the Idea: Reducer        Global Bitcoin-Mining Machine Market Report: Production, Revenue, Price Trend by Types …        25 Quotes On Bitcoin & Gold        Grayscale Crypto Fund Grows 15% in a Week Hitting $5.5 Billion AUM        ‘Cryptocurrency king’ Priven Reddy sued for R200k over failed web project        Bitcoin and Ether Market Update August 6, 2020        Grayscale investments record $5.5 billion AUM dominated by BTC trust        Crypto Exchange BTSE Extends Partnership With Brave New Coin To Launch DeFi Index        Bitcoin Breaks Higher, Outperforms Major Altcoins        Is Bitcoin a Good Investment Now?        Dutch trade group deploys blockchain-powered tool to trace CBD        Chart Of The Day: As Gold Goes Parabolic, Bitcoin Could Be A Better Safe Haven        Graph Blockchain Enters into a Binding Letter of Intent to Acquire Third Eye Insights Corp        Blockstream CEO Compares Ethereum and XRP With Pyramid Schemes        Cryptocurrency Exchange IDEX Raises $2.5M USD In Seed Funding        Watch out for these 4 charts for bitcoins and altcoins        DeFi Money Market launches DMM DAO Governance Dashboard, First Step of Handing Control …        



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ConsenSys: BTC Tokenization and Yield Farming Drives DeFi Growth

ConsenSys: BTC Tokenization and Yield Farming Drives DeFi Growth

The growing tokenization of Bitcoin and the emergence of yield farming has propelled the growth of the decentralized finance sector over the past three months according to ConsenSys. The second quarter report into Ethereum-based DeFi emphasizes the significance of the total number of tokenized BTC overtaking the sum of BTC on Bitcoin’s own layer 2 scaling solution, Lightning Network.







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