Eminence News

Imagine you could take out a loan without the need to go through any credit checks, no KYC, or put up any collateral such as your house or cash to do so. Well, within the magical world of Decentralized Finance (DeFi), this is entirely possible today!

DeFi’s total value locked [TVL] figures seem to be holding above $10 billion, however, scams are crawling out of the shadows, one project at a time. While ‘scam’ is a strong, blanket word, not all projects are scams per se. This weekend, the COVER...

Yearn.Finance founder Andre Cronje has a lot on his plate. Not only is he dealing with the aftermath of the Eminence Finance [EMN] project fiasco, but now, he has found himself at the center of another “experiment” gone wrong. Cronje’s *experiment*...

A report emerged over the weekend claiming that members of the crypto and decentralized finance (DeFi) community plan to take action against Yearn Finance founder Andre Cronje and members of his team. The uproar began over the Eminence hack which...

Prominent cryptocurrency exchange Bitfinex announced the listing of yearn.finance [YFI] on 2 October. Although a bit late in the race of listing the governance token, Bitfinex noted that the deposits were now open, while trading and withdrawals for...

DeFi traders piled into a token that was still in testing. After an exploit sent Eminence to zero, affected users are receiving restitution.