Investment management firm Grayscale has opened its decentralized exchange (DeFi) Fund (under the ticker DEFG) for public trading via the over-the-counter (OTC) market. Grayscale first launched the De...
Tag: DeFi
Solana Records Biggest Loss on One DeFi Metric As BNB Chain Shows Resilience: DappRadar
A new DappRadar report finds that last month’s crypto market meltdown caused the total value locked (TVL) on smart contract platform Solana (SOL) to freefall. The TVL of a blockchain represents the to...
SmarterWorx Art NFT Project Shows That Innovation In DeFi Has Not Died With Pancakeswap And Uniswap
Join Our Telegram channel to stay up to date on breaking news coverage Decentralized finance has risen to fame due to the exponential growth of blockchain technology witnessed worldwide. In less than ...
Big Eyes Coin Coin is the Presale Token to Join Helping Users In The Defi Space like Monero And PancakeSwap
SPONSORED POST* The crypto market has been adopted as one seamless way to perform transactions. This perfect utilization of blockchain technology provides real benefitting cryptocurrencies. Therefore,...
Grayscale, Under Pressure as GBTC Discount Widens, Says DeFi Fund Now Trading
The trading debut for the new fund, under the symbol “DEFG,” comes as Grayscale’s largest fund, the Grayscale Bitcoin Trust (GBTC), is under distress, with its shares trading a record 47% discount to ...
DeFi and Web3 are Broken. Developers Can Fix it Using…
Web2 and Web3 are similar technologies, but developers approach challenges differently. Web2 focuses on reading and writing content, whereas Web3 focuses on creating content. The latter utilizes block...
DeFi Kingdoms’ Serendale realm goes live on Klaytn
DeFi Kingdoms’ revamped Serendale realm is officially live on metaverse blockchain Klaytn. The play-to-earn game, known for its nostalgia-evoking 16-bit classic RPG game graphics, was previously...
This DeFi project created a way to bet on the entire NFT market
Episode 123 of Season 4 of The Scoop was recorded live with The Block’s Frank Chaparro and Cryptex co-founder Joe Sticco. Listen below, and subscribe to The Scoop on Apple, Spotify, Google...
Oryen Network, The Shining Star Of DeFi, Can Maker And Curve Adapt To The New Competition?
In the world of DeFi, there are a few clear leaders. Maker and Curve are two of the biggest names in the space, and they’ve managed to stay at the top for years. But now, Oryen is the new king in town...
Life After FTX: How Solana DeFi Is Starting Over—Without SBF’s Serum
The fall of Sam Bankman-Fried didn’t just topple a $32 billion cryptocurrency exchange in FTX—it also threatened to undo the fabric of decentralized finance on the crypto wunderkind’s blockchain of ch...
FinCEN Cracks Down On DeFi
The post FinCEN Cracks Down On DeFi appeared first on Coinpedia Fintech News The US Financial Crimes Enforcement Network (FinCEN) is considering adopting stricter measures for decentralized finance (D...
DeFi TVL Drops, NFT Market Performs Poorly in November: DappRadar
The FTX meltdown may have laid the groundwork for an unprecedented shift in user activity from centralized finance (CeFi) to decentralized finance (DeFi), but the total value locked in the services pr...
Drones, Fertility, and Defi — A Look at Alameda Research’s Massive $5.4 Billion Portfolio of Investments – Bitcoin News
Over the last few weeks, there’s been a lot of information revealed surrounding the recent FTX and Alameda Research disaster. On Dec. 6, the Financial Times (FT) published documentation that shows Ala...
Tranchess launches qETH for non-custodial liquid staking on Ethereum
Tranchess, a liquid staking provider for the BNB ecosystem, will expand liquid staking on Ethereum with the launch of a non-custodial staking service and the qETH token. A majority of leading li...
Oryen Network Top DeFi Presale Of The Moment, The Next FTM Or SOL?
Decentralized Finance (DeFi) is an improvement over the centralized, controlled financial system in use in the modern world. Numerous platforms, exchanges, and blockchain networks, such as the Oryen N...
Is It Time For Investors To Move On?
The crypto winter has been hair raising for investors in decentralized finance protocols, exchanges … [+] and other products. Is it “buy low”, or “bye-bye” to DeFi? (Phot...
DeFi protocols allow you to stay in control of your Assets
Decentralization of finance is changing the world order by bringing financial matters into the hands of individuals. As a result, there has been a significant rise in DeFi protocols promoting this maj...
Build DeFi Apps, GameFi, And NFTs On The BTC Network With wBTC Chain
Creating NFTs, GameFi, or even decentralized applications can be a hassle, especially when you intend to create them on the BTC network, and that’s why a project like wBTC Chain was launched. wBTC Cha...
DeFi Saver Introduces A Native Compound v3 Extension
DeFi Saver, a DeFi management app best known for its automated liquidation protection services for DeFi lending protocols, is now available as a native extension in the Compound application thanks to ...
DeFi derivatives protocol Perennial raises $12 million, launches mainnet
Perennial, a decentralized finance protocol for trading derivatives, raised $12 million in a seed funding round. Polychain Capital and Variant co-led the round, with Archetype, Coinbase Ventures...
DeFi Project Mercurial Plots Revamp and New Tokens Following ‘Toxic’ Association With FTX
“In summary, the only liquid tokens in the market came from Alameda Market Making (3%), IEO/IDO participants (0.3%), private investors (1.6%) and the liquidity mining rewards for our stable pools,” th...
Financial Stability Board (FSB) calls for a DeFi regulatory framework
In the wake of FTX’s collapse, the Financial Stability Board (FSB) has called for a global framework for regulating, supervising, and assessing the vulnerabilities associated with decentralised financ...
Rapid Insights: Curve’s Stablecoin Protocol
December 6, 2022, 9:20AM EST • 4 min read Quick take Curve initially gained popularity as an exchange for similarly priced assets, but has since expanded to other DeFi products. Recently, Curve rele...
DeFi Protocol Balancer Revealed its Total Value Locked in Mainnet
11 seconds ago | 2 mins read Defi News DeFi liquidity provider, Balancer has estimated TVL of $1.56 billion. Balancer’s mainnet Ethereum TVL is $1.43 billion, which increased by over 6,71%. Just now, ...
DeFi Gems For December: Oryen Network
SPONSORED POST* DeFi returns have recently been one of the best methods for investing your money to increase earnings. The December DeFi gems include Oryen Network, Convex Finance, and Trust Wallet To...
Nexus Mutual moves to divest, expects $3 million loss with Maple Finance
The domino effect of companies embroiled in a crypto-lending liquidity crunch that followed the collapse of FTX continues, with Nexus Mutual now seeking to divest from the Maple Finance M11 Credit wET...
Rapid Insights: Auros’ Uncollateralized DeFi Loans
December 5, 2022, 1:22PM EST • 5 min read Quick Take Rapid Insights provide a deeper analysis of the current crypto landscape in a timely fashion. The fallout of FTX has caused an industry-wide credit...
Uniswap-based DeFi protocol Panoptic raises $4.5 million
Panoptic, a Uniswap-based decentralized finance protocol for trading perpetual options, raised $4.5 million in a seed funding round. Gumi Cryptos Capital led the round, with Uniswap Labs Venture...
Maple token down more than 24%, cuts ties with Orthogonal Trading following $36 million default
Maple Finance’s token, Maple (MPL), plummeted on Monday following the revelation that Orthogonal Trading defaulted on $36 million of loans on the crypto lending protocol. Orthogonal Trading inte...
Orthogonal Trading defaults on $36 million of loans on Maple Finance
Orthogonal Trading has defaulted on $36 million of loans on crypto lending protocol Maple Finance after the investing firm’s funds became tied up on bankrupt exchange FTX. The default at...
How decentralized is DeFi, really?
DeFi has had a rough two years. During the halcyon days of DeFi Summer 2020, it promised to build an alternative to banks and the traditional financial system. Two years later, bad actors have stolen ...