Welcome to the Decentralized Finance (DeFi) Category, your gateway to the exciting and transformative world of decentralized finance. Here, we explore the cutting-edge innovations, platforms, and concepts that are reshaping traditional financial systems and empowering individuals with unprecedented control over their financial assets.
In this category, we dive deep into the principles of DeFi, where traditional financial services such as lending, borrowing, trading, and yield farming are being reinvented on blockchain networks. Discover a wealth of information about decentralized lending protocols, liquidity pools, decentralized exchanges (DEXs), and other groundbreaking DeFi applications that eliminate intermediaries and foster peer-to-peer interactions.
Stay up-to-date with the latest developments in the DeFi ecosystem, including new projects, partnerships, governance models, and security considerations. Our expert analysis provides insights into the potential risks and rewards associated with participating in DeFi, as well as guidance on how to navigate this dynamic landscape.
Explore educational content that breaks down complex DeFi concepts, from automated market makers (AMMs) to stablecoins and flash loans, ensuring that both newcomers and seasoned enthusiasts can grasp the intricacies of this rapidly evolving sector.
Join us on a journey to understand how DeFi is democratizing access to financial services, enabling financial inclusion on a global scale, and challenging traditional financial institutions. Whether you’re an investor looking to diversify your portfolio, a developer interested in building on decentralized platforms, or simply intrigued by the future of finance, our DeFi Category offers valuable insights and resources to keep you informed and engaged.
The total amount of Ethereum (ETH) staked on Lido Finance has been steadily increasing over the past few years. However, the revenue generated by the platform has not grown as fast as expected compared to the staking rewards distributed. According to Token Terminal data, the staking rewards paid by Lido Finance, which are counted as … Read more
Bitcoin layer-2 infrastructure firm Lightning Labs has launched the mainnet alpha version of Taproot Assets, a protocol designed to enable the issuance of stablecoins and real-world assets on the Bitcoin and Lightning Network. According to Ryan Gentry, head of business development at Lightning Labs, Taproot Assets v0.3 will offer a “feature-complete developer experience” for issuing, … Read more
Bitcoin’s dominance in the cryptocurrency market has surged to its highest level since April 2021, indicating a significant shift in the landscape. This development, illustrated by the accompanying chart, highlights the enduring appeal and resilience of the world’s largest digital currency. The image portrays Bitcoin’s market share climbing steadily in recent months, reaffirming its position … Read more
Contango, a decentralized market focused on building futures on top of money markets, has expanded its flagship product, cPerps, to the Optimism network. This move comes shortly after a successful launch on Arbitrum. The Contango team announced this development and highlighted the automated looping strategy employed in cPerps, which leverages on-chain flash loans and borrowing … Read more
BitVM, a Bitcoin-based virtual machine, is primarily focused on scaling Bitcoin rather than implementing decentralized finance applications like Ethereum, according to one of its developers. The project lead, Robin Linus, released BitVM’s white paper on October 10, with support from the pseudonymous developer “Super Testnet” for the first proof-of-concept and expanding BitVM’s capabilities. Some industry … Read more
Bitcoin adoption will only occur in the mainstream when it connects to the Ethereum Virtual Machine (EVM), according to Willem Schroé, the founder of Botanix Labs. Schroé argues that for Bitcoin to increase its adoption and utility, it must start participating in the EVM world, as the EVM is the application layer for the global … Read more
The recent news of a $5 million loan default on Goldfinch made to an African robotaxi company has raised eyebrows in the financial community. This default serves as a reminder of the risks associated with lending to emerging markets and the challenges faced by innovative startups in these regions. Goldfinch, a prominent financial institution, had … Read more
XRP, the cryptocurrency associated with Ripple, has recently been attracting attention due to its price dynamics. Despite the volatile nature of the crypto market, XRP appears to be trending towards a notable upswing. However, it has repeatedly faced resistance at the $0.55 level, which has proven to be a tough barrier for XRP enthusiasts. In … Read more
Komainu, a cryptocurrency custody firm co-created by CoinShares, Ledger, and Nomura, has received major regulatory approval in the United Kingdom. The company announced on October 6th that it has been approved by the U.K. Financial Conduct Authority (FCA) to register as a custodian wallet provider under the Money Laundering, Terrorist Financing and Transfer of Funds … Read more
The FTX exchange has fallen victim to one of the biggest hacks in the crypto space, resulting in a loss of over $600 million. In a recent development, Spot On Chain, a blockchain data tracker, has revealed that the FTX exploiter has moved more than $17 million worth of Ether tokens in the past 24 … Read more
