Category: DeFi
The abbreviation stands for Decentralized Finance (DeFi), as the field of decentralized finance. Such decentralized ecosystems offer blockchain-based financial services. Networks do without regulation and control by banks and other centrally acting bodies.
TVM Ventures Debuts $100 Million Incubation Fund for TON
The blockchain space is witnessing a significant shift with the emergence of new funding initiatives dedicated to enhancing decentralized ecosystems. One such notable initiative is TVM Ventures, which has introduced
Read MoreUnderstanding Decentralized Finance (DeFi)
Decentralized Finance, also known as DeFi, is a revolutionary concept that has been gaining significant traction in the world of blockchain and cryptocurrencies. It refers to the use of decentralized
Read MoreAave (AAVE): Growth in the DeFi sector makes AAVE Coin take off
The DeFi world has witnessed a remarkable rally over the past few weeks, with Aave (AAVE) being one of the cryptocurrencies that has shown outstanding performance in the sector. But what is behind
Read MoreWhy Stacks (STX) is currently going through the roof
The cryptocurrency Stacks (STX) is currently going through the roof. The current winner of the week has once again recorded high profits. Behind the project’s rise is a general trend in the
Read MoreQubit Finance was hacked – $80 million gone
$80 million worth of cryptocurrency was stolen from the Qubit Finance platform. She thus joins the growing list of DeFi projects that have been damaged by criminal hackers. The attacker exploited a
Read MoreFATF releases finalized guidelines for crypto industry including DeFi and NFTs
Financial Action Task Force (FATF), the global anti-money laundering agency has recently released its updated guidelines for firms handling digital assets. The guidelines aim to bring the nascent crypto industry
Read MoreThe DeFi Smart Contract Automation Network Gelato Raised $11M in its Series A Funding
Gelato, a smart contract automation network focused on the DeFi sector, announced that it has raised $11 million led by Dragonfly Capital in its Series A financing. In this round
Read MoreAlonzo Smart Contract Upgrade Goes Live on Cardano
The long-awaited Alonzo smart contract upgrade has gone live on the Cardano, ushering in the Proof-of-Stake (PoS) blockchain protocol era. According to Input Output Hong Kong (IOHK), the company behind
Read MoreWhat Is Apeswap.Finance? Complete Guide to New Decentralized Exchange
Apeswap.Finance protocol is a decentralised exchange built on Binance Smart Chain, which provides users with access to all sorts of financial markets from payments, lending, derivatives, staking, tokenised assets to alternative savings
Read MoreTezos launches community grants programs to support creators
On Tuesday, July 27, the Tezos (XTZ) ecosystem launched a few community grant programs to support creators and builders on the Tezos community. XTZ will make these programs accessible to grantees worldwide
Read MoreYearn Finance founder Cronje proposes Fixed Forex concept in DeFi
Andre Cronje, the founder of Yearn Finance DeFi aggregator, has introduced the Fixed Forex concept for incorporating foreign exchange mechanisms to DeFi. In a blog post dated July 25, Cronje
Read MoreDeFi Trading Platform PancakeSwap Tokens Rose Nearly 12% in the Worth $72M Burning Event
Decentralized trading platform PancakeSwap’s native token PancakeSwap burned 5,300,000 cake tokens at a total price of $72 million on Monday. Cake’s transaction price subsequently increased by 11.63%, which is the largest daily increase
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