Tag: DeFi

Ethereum CEO, Vitalik Buterin has given his displeasure at the way the yield farming frenzy has been going after a new project reportedly locked up billions of dollars in value. In his statement, the CEO said he was very skeptical about the way investors were swarming into the yield farming frenzy projects and the way […]

DeversiFi, the decentralized exchange (DEX) spin-off of former Bitfinex sister exchange Ethfinex, has burned $20 million worth of its governance and utility token, Nectar (NEC). According to a statement, March 30, this is designed to drive DEX adoption after large centralized exchanges struggled to cope during the recent cryptocurrency sell-off. Governance token switches to deflationary […]

Coinbase Wallet lead Sid Coelho-Prabhu has announced via the Coinbase blog that users will have the possibility to lend crypto and earn interest. The DeFi applications like Compound and DYDX already received millions of dollars from the investors. The interest rate for such applications can reach up to 6% APR. The Wallet’s decentralized build-in application […]

Per the press-release made on 19 March, OKEx cryptocurrency derivatives exchange is launching OKEx Lending a C2C loan service. It will be available via the official app, as well as via the website. The C2C loan service by OKEx Lending is a useful addition to the already existent OKEx Lending mobile app. The traders will […]

Developments in decentralized finance are coming thick and fast as the ecosystem evolves. The latest offering from Chainlink and DMM acts as a bridge between Ethereum crypto assets and real-world assets. Chainlink DeFi Money Market Bridges The Gap A recent announcement by Chainlink has unveiled a collaboration with the DeFi Money Market (DMM), which offers […]

The crypto industry has been wrapped up in the first two major exploits of decentralized finance this week. The decriers are having a field day but the outcome may actually be bullish for Ethereum. What Are Flash Loans And Why Are They Bullish For Ethereum? Ethereum Shrugs Off DeFi Exploits ETH prices have bounced back […]

Flash loans platform Aave, which allows users to borrow crypto without collateral, has been a major success since raising $14 million of liquidity in just three weeks. The success of this product is attributed to the wide variety of financial services it enables on DeFi. Loans Platform Aave Focusing on Flash Loans When Aave Protocol […]

In terms of token price, DeFi and Ethereum is still buried under the weight of the bears but its potential to fuel a multi-trillion dollar finance market is much greater. Ethereum Money Protocol and DeFi in Demand As a tradable asset Ethereum is still in the depths of a two-year bear market. Prices are back […]

Lending is still the leader, but new applications may change that in 2020. DeFi made its claim to fame with lending protocols that offer attractive yields. As these rates normalize, new age financial products could propel the space to greater heights. DeFi Stablecoins and Yield in a Volatile Year In the first six months of […]

Football fans will have the ability to buy tickets to Euro 2020 using Ethereum. All is possible thanks to UEFA, FIFA and AlphaWallet ( https://alphawallet.com/ ) efforts to enact the mass adoption. AlphaWallet is a tokenization firm providing companies with exclusive services of launching their coins. Boosted by the Ethereum network, AW allows users to […]

It was another desperate week on Ethereum as its value continues to decline. Sinking more today left the world’s second-largest crypto resource at risk of reaching its lowest level in several months. Markets for decentralized financing (DeFi) are in reverse pattern with the continuous development in this sector Ethereum is included in digital money that […]

Bitcoin vs DeFi – Decentralized finance, or DeFi, has come a long way this year. Bitcoin has also made a remarkable recovery from the depths of crypto winter this time a year ago. But which one would be better for long-term gains? BITCOIN vs DEFI For the uninitiated DeFi is the system of staking crypto […]

French billionaire Xavier Niel says the Facebook-led stablecoin Crypto Asset Libra will exist along with thousands of other digital assets in the crypto market. Niel is the founder and majority shareholder of the French internet service provider Iliad. In a new article at Les Echos, he says, “Libra will exist along with the 1,600 other […]

Over the last few weeks, the U.S. Federal Reserve has enacted policies that will have critical repercussions for the economy and Market Manipulations. These maneuvers cast a spotlight on the role of central and private banks, and provide an opportunity to think about how decentralized technologies can restore fairness to U.S. consumers. On September 18th, […]

A report by decentralized app platform dapp.com released yesterday found that dapp market transaction volume has dropped on major blockchain ecosystems by almost 40 percent compared to last quarter—from $3.28 billion to $2.03 billion—despite huge growth in the decentralized finance (DeFi) industry. The report analyzed six major blockchains—Ethereum, EOS, TRON, Steem, TomoChain, and IOST—which together […]

In the near future, decentralized finance (DeFi) may provide a whole host of financial services and products, which are currently inaccessible to the vast majority in the world’s population. Much as search engines rapidly made the internet indispensable to modern life, smart contracts could be on their way to becoming a cornerstone of modern finance. […]