Defi sector lost $1.3B due to exploits in 2021 The blockchain security firm cited 44 DeFi hacks Cetrik’s Blockchain security services’ demand rises Decentralized money, otherwise called DeFi, may not ...
Tag: DeFi
UniLend Finance & Mobius Finance Collaborate to Disrupt Money Markets in DeFi
The collaboration of UniLend Finance with Mobius Finance will help the UFT token holders to mint moUSD by using UFT as the collateral. This collaboration will help both parties. Following are its bene...
Layer 1 Coin Oasis Surges on DeFi Growth, Binance Support
Key Takeaways The total value locked on Emerald, Oasis’ Ethereum-compatible network, has crossed $100 million. The majority of the total value locked is on a new decentralized exchange called Yu...
A Step Towards DeFi 3.0: A Sneak Peek Into Alfprotocol
One thing that keeps the development team occupied is ensuring that the platform’s launch provides users with a bug-free, smooth, and efficient protocol that offers an intuitive interface. As a result...
EverRise Director Jenn Duong on Developing Secure dApps and the Issues Facing the DeFi Space – Interview Bitcoin News
EverRise is a blockchain technology company that offers bridging and security solutions across blockchains through an ecosystem of decentralized applications. Through their innovative security focused...
dYdX DeFi Exchange Accelerates on Path to Full Decentralization
There are very few truly decentralized exchanges (DEX) or crypto platforms around at the moment, but one aiming to claim that accolade is the dYdX derivatives exchange. Not many of today’s DeFi protoc...
Ethereum Total Liquidity in DeFi Protocols Climbs to $90.7B, Despite Price Slip
The dominance of Ethereum in the decentralized finance (DeFi) ecosystem continues to gain steam because total value locked (TVL) in this space surged by 14.43% to hit $90.7 billion, according to marke...
December crypto VC roundup: Gaming and DeFi kept trending, but NYDIG’s $1 billion stole the show
Quick Take Last year closed with another blockbuster month for VC funding, with NYDIG raising $1 billion in December. December added for more mega-deals worth more than $100 million, bringing the year...
Over 100 Million Polygon Accounts Reportedly Onboarded Directly To EVM-Compatible DeFi — Why Ethereum Is Losing Out ⋆ ZyCrypto
Advertisement     Ethereum seems to be losing grip over its own scaling rollups after it emerged that most Polygon users are transacting independently from the Ethereu...
Strong conviction among Ethereum long-term holders, DeFi TVL up
The market value of ether (ETH), the second-largest digital asset by market cap, has taken a big toll of late. The price of ETH is at the moment of writing hovering around $3,100, down about 36 percen...
DeFi Project OlympusDAO’s OHM Token Falls 27% Amid Crypto Crash
OHM, the token underpinning decentralized finance (DeFi) protocol OlympusDAO, has plummeted almost 28% in the last 24 hours, dropping to $180.03 amid a wider crypto market rout. According to data prov...
Abachi Aims to Converge Traditional Finance with DeFi
[PRESS RELEASE – George Town, Cayman Islands, 10th January 2022] The majority of today’s decentralized finance (DeFi) projects build tools that are replacements to those found in traditional finance (...
Looking Forward to 2022’s DeFi Summer – Here Are Some Things To Consider
HodlX Guest Post Submit Your Post To say 2021 was a banner year for decentralized finance would be a notable understatement. Per DeFi Pulse, total value locked (TVL) in DeFi applications topped $10...
Are 100xGems Lost in DeFi Space? Will Fantom(FTM), Uniswap(UNI) Jump in Action – Coinpedia – Fintech & Cryptocurreny News Media
2022 made its appearance with prominent consolidation of the popular assets. While the DeFi space then maintained its trend under the shadows of the traditional cryptos, which decoupled to some extent...
A new DeFi summer and the emergence of ‘RDeFi’
Darius Moukhtarzade is a researcher at Sygnum, the world’s first digital asset bank. Prior to Sygnum, he worked for Ernst & Young in blockchain consultancy and for several startups in the Swiss Cr...
Three Predictions For The Year Ahead In Digital Finance
Trust takes centre-stage, DeFi meets CeFi, and CBDC proponents put up or shut up. It’s fair to say the permissionless crypto world seemed to do all the running in the blockchain space in 2021. But tha...
$100 Billion belongs to just 1000 Defi and Web 3 Projects
Due to features like smart contracts on Blockchain, systems like Defi and web three have gained popularity. Projects of DeFi and Web 3 have seen a massive boom in the year 2021 The total value locked ...
JPMorgan Shares Predictions on Crypto Markets, Ethereum’s Upgrades, Defi, NFTs – Featured Bitcoin News
Global investment bank JPMorgan has published a report on the future outlook of crypto markets, including Ethereum’s upgrades, decentralized finance (defi), and non-fungible tokens (NFTs). The bank se...
DeFi and Its Viable Importance
DeFi is capable of replacing banks and brokerages. Dapps can affect your investment. DeFi too faces hacks and mishaps. DeFi, or Decentralized Finance, is a collective term for several financial goods ...
Study Shows 1,000 Projects Control $100 Billion Worth of Locked DeFi and Web3
A recent report by Electric Capital Developer shows that more developers are getting involved in the decentralized technology space. The 2021 paper shows that $100 billion worth of smart contracts has...
As bear market continues in cryptosphere, TVL in DeFi world sledges more than 8%
In the past 4 days the TVL assets belonging to the DeFi world have decreased by 8.55%, from $255.84 to $233.95 billion. Lido finance registered the top loss of 14% among the top 10 protocols Ethereu...
Do You Know How Much Your DeFi Exchange is Really Charging You?
If you keep up with even a few emerging DeFi exchanges, you know that each touts itself as the next best thing, and many have interesting, enticing features that differentiate them. While it’s easy t...
Due to Crypto Regulation Defi Investors feeling safe with Decentralized Stablecoins
Skepticism of authorities towards crypto makes them feel comfortable with the thought of crypto being regulated. On the other hand, crypto regulations will be skeptical for investors or crypto individ...
Value Locked in Defi Slips 10% in 4 Days, Ethereum TVL Dominates at 58% – Defi Bitcoin News
Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a ...
Ethereum’s DeFi Market Dominance in 2022 Could Be At A Risk, Will It Affect ETH Price?
Ethereum, the world’s second-largest cryptocurrency has outperformed in 2021 while delivering nearly 220% returns in a single year. However, off lately, the ETH price has largely followed Bitcoin and ...
Here is why Ethereum’s dominance in DeFi is falling
Ethereum is undoubtedly the leading blockchain in DeFi, but this could be about to change as analysts at JPMorgan have noted that the dominance of the asset in the space could already be fading. Accor...
JPMorgan Report States Ethereum Might Lose Defi Dominance Due to Scaling Issues – Bitcoin News
A note from JPMorgan states that Ethereum might be at risk of losing defi dominance as a result of its inability to produce effective scaling solutions fast. The note, written by Nikolaos Panigirtzogl...