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Nalezeno "Decentralized finance (Defi)": 640

New Zealand VC Launches $5 Million Web3 and Crypto-Focused Fund


New Zealand-based venture capital firm Global From Day 1 (GD1) recently said it had launched a $5 million Web3 and crypto-focused venture capital fund to back local startups. The fund will invest in pre-seed to Series A companies across decentralized finance (defi), decentralized autonomous...

How STACKD Finance Services Make DeFi Safer for Everyone


Decentralized Finance (DeFi) represents the financial, blockchain-based world of tomorrow. Future generations will leave the traditional financial system behind and use dApps, tokens, and other digital innovations for economic purposes. However, DeFi is still in its infant stage, leaving room...

Regulatory Arm of UAE Financial Centre Releases Defi Discussion Paper


The regulatory arm of UAE’s financial centre, Abu Dhabi Global Market (ADGM), has released a discussion paper that is seeking stakeholders’ comments regarding the regulation of decentralized finance (defi). The paper also makes clear the regulator’s stance regarding...

Total Value Locked in Defi Takes a Hit Losing $21 Billion in 6 Days


Over the last six days, the total value locked (TVL) in decentralized finance (defi) has dropped 9.21% from a high of $232.88 billion on April 5, to today’s $211.43 billion. The value locked in defi protocols shed 4.40% of that value during the last 24 hours. Value Locked in Defi Shudders...

Polygon Announces Zero-Knowledge Identity Platform for Web3


On March 29, Polygon, the layer two (L2) scaling solution that runs parallel with the Ethereum blockchain, has announced a new identity platform called Polygon ID. While the protocol is is still under development, Polygon ID is powered by zero-knowledge (ZK) cryptography and Polygon expects...

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