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Nalezeno "DeFi": 7549

NFT Economy Grows Exponential: $1M in Non-Fungible Token Sales Last Week


While a number of people are focused on decentralized finance (defi), the non-fungible token (NFT) industry has also exploded in demand in 2020. Last week, NFT sales soared nearing a million dollars in volume, as the blockchain-based Sorare fantasy soccer card game saw over $221,000 in sales during...

Apple Censors Some Cryptocurrency and Defi Features of Coinbase App


Apple Inc. has censored some cryptocurrency features of the Coinbase app. Specifically, Apple has blocked Coinbase from adding to its iOS app the ability to earn money using cryptocurrency and access to decentralized finance (Defi) apps. Apple vs. Coinbase Cryptocurrency exchange Coinbase has been...

Why DeFi Isn’t Always As Decentralized As You Might Think


With the word ‘decentralized’ in its name, you’d think that DeFi (decentralized finance) would be pretty decentralized. If a platform claims to be DeFi, this should mean that it isn’t under the control of any single party or entity, and that it operates as a function of a large and dispersed number...

Tether Recovers $1 Million USDT Sent to Wrong Defi Address by Chinese Traders


Tether has recovered and returned $1 million worth of USDT to a group of Chinese traders who, in error, sent the funds to a wrong decentralized finance (defi) address. On September 8, the group, going under the moniker ‘Bill,’ “accidentally” transferred the money to a Swerve...

DeFi: A shrinking window of opportunity


With regulators unlikely to change old-fashioned rules in favor of the emerging market, DeFi might be burdened under fraud and new portions of restrictions

DeFi’s ‘Total Value Locked In’ Metric Is A Crooked Mirror


DeFi (decentralized finance) could boast of only USD 1bn in total value locked in as recently as the beginning of June. This rose by a whopping 860% in the three months to September 2, hitting USD 9.6bn. These figures haven’t escaped their fair share of scrutiny, however. Collected by DeFi Pulse...

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