Search

Nalezeno "decentralized finance": 1198

What Is DeFi?

18.9.2020
DeFi is short for "decentralized finance," an umbrella term for Ethereum and blockchain applications geared toward disrupting financial intermediaries

Defi Economy Rebounds: Total-Value Locked Jumps 28% Capturing Close to $9B

18.9.2020
The total-value locked (TVL) in decentralized finance (defi) economy has recaptured much of the value lost during the Sushiswap fiasco last week. At the time, the defi TVL tumbled down to $6.8 billion from the $9.6 billion high on September 8, suffering a loss of close to -29%. Since then, however...

OKEx goes all in on Uniswap's new token amid soaring DeFi fees

17.9.2020
They're the first exchange to offer such a robust set of trading tools for the day-old asset

Over 15% of ETH Supply Locked in Smart Contracts, BTC Dominance Declining

17.9.2020
The rapid growth of decentralized finance (defi) protocols is contributing to the increasing proportion of ETH supply that is now locked in smart contracts. More than 15% of the total ETH supply is now locked, compared to 11.5% from a year ago. This growth led to the inevitable decline of...

Curve, Aave, Synthetix and 7 others join Global DeFi Alliance

15.9.2020
Huobi's Global DeFi Alliance has announced 10 new members, including sector heavyweights Aave, Curve Finance, and Synthetix

Defi Boom: Bubble Fears Grow as ‘Toxic’ Community Disagrees on Way Forward

15.9.2020
The decentralized finance (defi) space is headed for an implosion unless the divided community leaders step forward with solutions. This is discernible from September 13 Sunday morning tweets by some influential players in the defi space wherein they attack each other. Waves blockchain creator...

DeFi app overview: How to navigate crypto’s new finance wave

14.9.2020
With DeFi platforms bringing in profits for users, jumping onto this wagon seems to be highly attractive. But how easy is it to do?

Defi Protocol Bzx Loses $8.1 Million in Third Hack This Year

14.9.2020
So called decentralized finance (defi) lending platform Bzx on Sunday lost $8.1 million in a new hacking attack, the third this year, caused by a flawed code in its smart contracts. The bug allowed the hacker to mint 219,200 LINK tokens (valued at $2.6 million); 4,503 ETH ($1.65 million); 1,756,351...

The evolution of DeFi and its unique token distribution mechanics

14.9.2020
The next step of DeFi’s evolution in decentralization is enabling true scalability, interoperability and access to networks beyond Ethereum

DeFi Defied: Five Key Benefits The COV Token Will Bring To Covesting

14.9.2020
In the ever-evolving crypto market that never sleeps, new trends and coins are popping up every passing day. The recent decentralized finance explosion has only hastened the pace at which fly-by-night coins are being created. At the same time, however, the booming bandwagon has also shed light...

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

14.9.2020
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...

Investing in DeFi? Bet on diversification, not short-term gains

13.9.2020
Several cases show us that while there are amazing opportunities for gains in the DeFi space, there are also many risks that must be considered

Apple Censors Some Cryptocurrency and Defi Features of Coinbase App

13.9.2020
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...

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

13.9.2020
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...

Why DeFi, in its current state, is destined to fail

12.9.2020
Like the ICO boom of 2017, DeFi plays to our desire to get rich fast without any responsibilities

SLP Trading Platform Cryptophyl Plans to Change Into a Noncustodial Defi Exchange

12.9.2020
The U.K.-based Simple Ledger Protocol (SLP) exchange Cryptophyl is closing its doors in order to restructure into a decentralized finance (defi) platform. Cryptophyl has revealed the trading platform will officially go offline on September 21 and is asking customers to withdraw before that period....