Search results by “defi”

The Federal Bureau of Investigation has issued a warning to the public, outlying the potential dangers of using decentralized finance (DeFi) platforms. FBI cites the report made by blockchain analysis company, Chainalysis, claiming that $1.3 billion worth of crypto was stolen between January and March 2022. And 97% of that sum was taken from DeFi […]

After the successful launch of Ethereum’s final testnet before the Merge event, Goerli, many prominent DeFi coins are experiencing price increases. According to CoinMarketCap, the value of ETH itself has risen by some 10% over the past 24 hours, with it currently amounting to $1,890. The biggest winner among popular DeFi coins is LDO, the […]

As the realm of decentralized finance (DeFi) is evolving into its second phase, the developers of DeFi 2.0 projects are looking to address some of the key issues that trouble DeFi 1.0. Such DeFi 1.0 projects have done an important job of establishing the initial userbase and the technological foundation upon which DeFi 2.0 projects […]

Defi Solutions Review: Auto Lending Software Provider Overview People cannot go a single day without reaping the rewards of automation. Automation is present in everything: from robotic carrying and packaging at warehouses and better quality cars, to the coffee machine that starts your day. No matter where you look, the benefits of automated systems are […]

Decentralized Finance (DeFi) There are numerous misconceptions about the very nature of blockchain technology. One of the most prominent ones is that blockchain is value-neutral. However, exactly in the case of decentralized finance (DeFi), we can see an entire movement (if not ideology) aimed mostly at giving the people financial freedom from traditional, centralized finance. […]

Being an essence of blockchain technology Decentralized marketplaces allow traders to use smart contracts and peer-to-peer systems.

DeFi projects are seeing a surge in the amount of fees paid and token prices. For starters, the decentralized exchange Uniswap has outperformed its host blockchain Ethereum. According to data from Crypto Fees, between June 15 and June 21, average daily amount of fees paid on Uniswap was $4.87 million, while the daily average on […]

Ten days after the start of its fundraising campaign, the decentralized finance (DeFi) lottery platform PoolTogether has collected the full amount of money necessary to cover the legal fees in the lawsuit filed against PoolTogether. The class action lawsuit is led by Joseph Kent, the technology lead for Senator Elizabeth Warren’s presidential campaign of 2020. […]

Stock and cryptocurrency trading platform Robinhood has announced the launch of a non-custodial wallet for working with DeFi and NFT.

Side-by-side check of main 6 DeFi platforms. 6 Crypto Traders share experience on their favorite tool and argue which DeFi is the best.