Cardano blockchain data shows explosive development activity and a 90% steady increase in active addresses. Despite the explosive growth failing to reflect across ADA prices, over 1,146 projects are b...
Tag: DeFi
DeFi Giants Aave, Compound Freeze Markets and Cap Loans to Mitigate Risks
DeFi protocols Aave and Compound have implemented new safety measures in light of the ongoing turmoil in crypto markets. On Sunday, Aave executed a proposal to freeze the markets for 17 different asse...
Unbanked is Connecting DeFi, Cryptocurrencies to Traditional Financial Institutions
Advertisement     As the need to provide billions of people with unlimited access to financial services intensifies, Unbanked, an SEC-registered project based in the U...
Football Fever Is Infecting DeFi Project With Excitement – Press release Bitcoin News
press release PRESS RELEASE. Doha, Qatar: For the next couple of weeks, over a billion people are glued to the TV every day watching players of their favorite team working brilliantly together to win ...
Big Milestone Hit as Defi AMM Is Live for Testing
RippleX, the open platform that enables developers to build through the XRP Ledger, has announced that the AMM Devnet is live and ready to use, marking a big milestone for XRPL. The XLS-30d spec for a...
Ripple Releases AMM DevNet, Unlocks Huge DeFi Potential
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Top DeFi Tokens To Buy In Dec. 2022 That Will Make You Rich
Decentralized Finance, or DeFi for short, has gained considerable traction over the years. There is a huge market for its applications, and the DeFi sector will be worth trillions of dollars in near f...
Ethereum losses deflationary gains; Andre Cronje reveals how DeFi saved Fantom
The biggest news in the cryptoverse for Nov. 29 includes exchanges dismissing rumors of insolvency, NEXO releasing proof of reserves, Andre Cronje revealing how DeFi helped Fantom grow its reserve, U....
Liquidus – For Safe DeFi Protocol Interaction
Even though DeFi can sound complicated, everyone can obtain the information they need to understand it thanks to apps like Liquidus, which improves customer confidence in crypto investing. The Liquidu...
DeFi lender Compound to set borrow caps on 10 crypto collateral assets
Compound will enforce loan limits on 10 crypto tokens in its version 2 protocol at the end of November, thus reducing the amount of the affected collateral that users can borrow. This decision i...
Andre Cronje reveals how DeFi saved Fantom; FTM surges 17%
Fantom (FTM) has grown by over 17% following Andre Cronje’s revelation that its Foundation has $340 million worth of assets and annual earnings of over $10 million. Cronje said Fantom was cash positiv...
Qredo-incubated hybrid crypto exchange breaks cover: Exclusive
Ankex, a new hybrid crypto exchange incubated by DeFi infrastructure firm Qredo, announced its launch today. Qredo builds decentralized tools that help DeFi outfits with settlement, custody an...
Kaiko launches market data product tracking Aave, Compound and MakerDAO: Exclusive
Crypto data firm Kaiko announced the launch of a product tracking market data for DeFi lending and borrowing protocols on Ethereum. The Paris-based firm’s new data product will track Aave,...
Japanese regulator might be going after DeFi projects – crypto.news
The Financial service agency of Japan has hinted it may be preparing to police DeFi as it is currently pointing the searchlight into Decentralized Finance Projects. Japanese regulator looking into DeF...
Cross-Chain Automation Platform CrowdSwap Aimed at DeFi Mass Adoption
While the recent events associated with the downfall of one of the world’s leading centralized exchanges – FTX – have shaken the industry to its core, they also brought up key principles out of oblivi...
Defi can go mainstream if it overcomes its flaws
The collapse of the now-bankrupt cryptocurrency exchange FTX has raised many concerns over unregulated centralized platforms. Investors are now coming to question how safe it is to keep one’s funds o...
Whole DeFi Industry Dominated by Just Two Applications
Arman Shirinyan Dominance of just two applications in DeFi industry raises some questions Contents Lack of competition Main downsides of DeFi DeFi, or decentralized finance, is a blockchain-based alte...
How & where to buy VERSE, the new Bitcoin.com DeFi token
Bitcoin.com, a digital ecosystem and secure self-custody platform where users can safely and easily interact with cryptocurrencies and digital assets, has launched its new utility and reward token cal...
Programming languages prevent mainstream DeFi
Decentralized finance (DeFi) is growing fast. Total value locked, a measure of money managed by DeFi protocols, has grown from $10 billion to a little more than $40 billion over the last two years aft...
DeFi sparks new investments despite turbulent market: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. The prolonged crypto ...
Cosmos-based DeFi protocol Onomy gets $10M funding
Onomy Protocol, a Cosmos-based DeFi protocol, has been able to successfully get a funding of $10 million for itself. For the uninitiated, the protocol is also a decentralized protocol for financial tr...
How Will Cardano (ADA) Price Fare With DeFi, NFT Growth Hit?
Cardano (ADA) price action offered some respite to holders as the price broke above the bearish trend line. Cardano price action has been rather dull of late, with ADA trading at $0.3186 at press tim...
Polkadot-based protocol t3rn raises $6.5 million: Exclusive
t3rn, a Polkadot-based blockchain interoperability protocol that aims to facilitate cross-chain transactions, has raised $6.5 million in a strategic funding round. Polychain Capital led the roun...
Bitfinex, Ava Labs raise $10M for DeFi technology amid market turmoil
As the ongoing bear market in cryptocurrencies continues, investors continue to find attractive projects to invest in, demonstrating that this market is, in reality, a builders’ market. Despite ...
DeFi protocol raises $10M from Bitfinex, Ava Labs despite turbulent market
The ongoing crypto bear market has proven itself to be a builders market as investments continue to find projects with promise. Onomy, a Cosmos blockchain-based ecosystem, just secured millions from i...
Oryen Network DeFi Project Launching As People Lose Trust In CEXs Like Huobi (HT) And Crypto.com (CRO)
Join Our Telegram channel to stay up to date on breaking news coverage Trust in crypto exchanges is at an all-time low, especially after recent turmoil surrounding FTX sent shockwaves throughout the c...
Is DeFi About To Grow At The Expense Of CeFi?
Advertisement     The crypto industry has a well-deserved reputation for changing in the blink of an eye. This month, in the space of just a couple of weeks, we’ve wit...
Buenbit users access Everyday DeFi from the Rootstock-based RIF Suite
IOV Labs and Buenbit have teamed up to provide its users access to the Rootstock as well as RIF ecosystem. Buenbit users would be able to access the services and goods from Everyday DeFi which are pro...
BNB Chain Solidifies its DeFi Market Share
November 23, 2022, 1:45PM EST • 6 min read Quick Take The BNB Chain ecosystem has gained outsized attention in recent weeks after what started as a public dispute between the founders of Binance and F...
Will the Downfall of CeFi Lead to DeFi Adaptation?
22 seconds ago | 2 mins read Editors News Kanye West accuses Adidas of freezing $75 million in his bank accounts. Harvard University’s new study says that the central bank must hold bitcoin. Kanye Wes...
Cosmos-based DeFi protocol Onomy raises $10 million: Exclusive
Onomy, a Cosmos-based decentralized finance protocol, has raised $10 million in a private token funding round. The round was backed by investors including Bitfinex, GSR, Ava Labs, CMS Holdings a...
Crypto and fiat savers are making a fatal error — and DeFi can come to the rescue
There’s no escaping it: the DeFi markets have cooled down over the past year. After breaking $180 billion in total value locked last November — coinciding with Bitcoin racing to a new all-time h...