The DeFi space is facing a sharp drop in valuation amid concerns over the Celsius suspension and the Lido-staked Ethereum (stETH) de-pegging. Data from aggregator DeFi Llama shows that the total value...
Tag: DeFi
Learn how Gnox Token (GNOX) builds its ecosystem to match the high-ranking DeFi tokens such as Pancakeswap (CAKE) and Quickswap (QUICK)
DeFi (decentralised finance) is the fastest-growing financial space and offers the first truly viable alternative to the financial services found within TradFi (traditional finance). Instead of being ...
DeFi pulls the curtain on financial magic, says EU Blockchain Observatory expert
As decentralized finance continues its victorious march — although the road is sometimes bumpy — some significant questions on its nature remain. How can DeFi applications be protected from becoming n...
Here’s How DeFi Market Looks After Terra Collapse – Coinpedia – Fintech & Cryptocurreny News Media
Terra’s ecosystem had roughly 15% of the DeFi market share before its collapse last month. According to DeFiLlama data, this makes it the second-largest hub for all decentralized finance. But after a ...
Indian Government’s Chief Economic Adviser Warns of Danger in Crypto, Defi Without Regulation – Regulation Bitcoin News
The Indian government’s chief economic adviser has warned about innovations like crypto and decentralized finance (defi) in the absence of regulation. “We may not be fully aware or comprehend the kind...
NFT and Crypto Games Outperformed DeFi Amid Market Selloffs in May: Report
DApp discovery and analysis platform DappRadar released a detailed report analyzing the state of the crypto market in May. It mainly covered three areas: DeFi, NFT activities, and crypto games, statin...
Where Is Terra’s DeFi Market Share Going? Ethereum, BNB Chain, and Tron
Decrypting DeFi is Decrypt’s DeFi email newsletter. (art: Grant Kempster) Before its agonizing implosion last month, Terra’s ecosystem enjoyed nearly 15% of all DeFi market share. This mad...
JPMorgan Wants to Bring Trillions of Dollars of Tokenized Assets to DeFi
“Over time, we think tokenizing U.S. Treasuries or money market fund shares, for example, means these could all potentially be used as collateral in DeFi pools,” Lobban said. “The overall goal is to b...
Huobi Global Announces $1B New Investment Arm For DeFi and Web3 Initiatives
5 seconds ago | 2 mins read Exchange News Ivy Blocks’ offerings will also include an asset management platform. The company’s asset management division would make “liquidity investments”. Exchange of ...
Defi Platforms and Smart Contract Tokens Suffer the Most During the Crypto Market Rout – Defi Bitcoin News
While the crypto economy has dropped lower in value against the U.S. dollar, sliding to just under $1.2 trillion, the value of decentralized finance (defi) protocols and smart contract tokens has suff...
Huobi Launched $1 Billion Investment Vehicle Focused on Web 3 and DeFi
Huobi, the near-decade-old cryptocurrency veteran, has established a new investment arm, called Ivy Blocks, that will focus on supporting the growing ecosystems of decentralized finance and Web 3-base...
Number of DAOs surge, Solana launches $100M DeFi fund
This past week, the decentralized finance (DeFi) ecosystem was ruled by decentralized autonomous organizations and new fund launches for the growth of the Web3 ecosystem. The total number of DAOs surg...
This Crypto Exchange Is Investing $1 Bln Into DeFi Despite A 80% Crash
Crypto exchange Huobi Global launched a new venture capital arm aimed at investing in upcoming blockchain, web3 and DeFi projects. The spinoff is called Ivy Blocks, and has over $1 billion in assets u...
Kudos To Modern Finance! Number Of DAOs Grow By 8x, Solana Injects $100M Into DeFi
The DeFi ecosystem is witnessing quite a lot of changes lately, while DAOs and Web3-focused funds were the leads. Solana also took a step toward the new iteration of the Web as it launched an in...
Huobi Global launches $1B investment arm focused on DeFi and Web3
Digital asset exchange Huobi Global has spun out a new investment arm focused on decentralized finance (DeFi) and Web3 projects, further highlighting venture capital interest in the blockchain economy...
Tether Announces Tezos Stablecoin To Enable Additional DeFi Products
The USDT ecosystem is currently available on 12 different networks, including Ethereum (ETH), Tron (TRX), Solana (SOL), Algorand (ALG), and the newly introduced Polygon (POLY) (MATIC). Tezos became a ...
Providing a Seamless Trading and Earning Experience in DeFi
KyberSwap is a decentralized exchange aggregator that began providing its services in 2018. Earlier known as the Dynamic Market Maker (DMM), it is now wholly rebranded to KyberSwap, providing multi-ch...
DeFi Bear Market Shows No End in Sight
Crypto’s DeFi area has been exchanging a bear market for north of a year, with large numbers of its top tasks falling more than 80% from their unequaled highs DeFi sector has been bleeding for over a ...
Solana To Support DeFi, NFT, And GameFi In South Korea With A $100M Fund
Solana (SOL) has created a $100Million fund to support cryptocurrency projects in the country. The main sectors to benefit from the fund are DeFi, gaming, and Non-fungible tokens (NFTs). Also, the fun...
Newly-launched iToken zips ahead in DeFi space with Tesla model 3 giveaways
iToken, a secure and professional DeFi wallet offering enhanced financial planning services tailored for the Web3 world, has announced its successful upgrade and rebrand from its previous name – Huobi...
Cake DeFi Platform Receives EU License in Lithuania
Vladislav Sopov Lithuanian license is first for Cake DeFi within EU and EEA Contents Cake DeFi secures EU license All Web3 financial services in one application As the fastest-growing Singapore-based ...
Aztec to update its Layer 2 network to introduce privacy-focused DeFi on Ethereum
Aztec Network will update its Layer 2 rollup solution on Ethereum to a new version called Connect. The new update, which focuses on smart contract data privacy, will go in the coming days. Previously...
Orderly bags $20 million raise in boost for DeFi protocol
Orderly Network, a decentralized exchange protocol, has announced a $20 million fundraise led by a group of DeFi heavyweights. Three Arrows Capital, Pantera Capital, Dragonfly Capital, Sequoia China, ...
Blockchain Gaming And NFTs Thrived In May 2022 While Crypto Markets And DeFi Bled Heavily
Advertisement     According to a new DappRadar report, the month of May 2022 has not been kind to the cryptocurrency industry. Looking beyond the implosion of Terra an...
Solana Announces $100 Million Investment For GameFi, DeFi, And NFTs in South Korea
Solana have announced the creation of a $100 million fund today to support the growth of blockchain gaming, DeFi projects, and non-fungible token (NFT) in South Korea. Solana Ventures and Solana Found...
DeFi Tokens Representing AMZN Will Be Affected by Amazon’s 20-for-1 Stock Split
The stock market has always influenced cryptocurrency and DeFi tokens. A direct consequence of Amazon’s move will be felt by holders of DeFi tokens that reflect AMZN stock on the crypto market. Amazon...
Amazon’s 20-for-1 Stock Split Bears This Effect on DeFi Tokens Representing AMZN
The stock market has always had a significant influence on the crypto market, including the DeFi tokens in it. But this development from Amazon has a direct impact on the DeFi tokens representing the...
DeFi contagion? Analysts warn of ‘Staked Ether’ de-pegging from Ethereum by 50%
The next big crypto crash could be around the corner due to Lido Staked Ether (stETH), a liquid token from the Lido protocol that is supposed to be 100% pegged by Ethereum’s native token, Ether (ETH)....
Keon selects Algorand as L1 solution for regulated DeFi asset management ecosystem » CryptoNinjas
The directors of the Keon Foundation, which will serve as the virtual asset service provider (VASP) for the Keon Finance Ecosystem (Keon), announced today it will go with Algorand as its layer-1 block...