DEFI
Decentralized Finance, DeFi as a concept is to be able to offer almost all the financial services available with legacy and centralized institutions, typically banks, but on the blockchain. Whatever traditional services financial institutions provide can be expected to be offered through DeFi. In short, Defi is blockchain-based financial services that traditional financial services map into, creating new services or derivatives stemming from blockchain's unique features. Although we have had concepts like distributed computing and decentralized computing for decades, DeFi is in fact a new concept and an expansion of the application scope of blockchain as infrastructure.
Ethereum Has Vastly Outperformed Tech Stocks With a Staggering 171% ROI
Ethereum's price drop hasn’t dampened its spirits to offer an impressive return on investment (ROI) so far this year compared to tech stocks like Microsoft, Facebook, and Apple.
DeFi TVL Remains Flat as Crypto Market Shrugs Off Another Bearish Weekend
Total Value Locked in DeFi remains slightly indifferent as the market saw a bullish opening to the new week.
NFT OASIS Receives $4.4M in Financing to Integrate DeFi and VR for NFT Creators
California-based NFT decentralized platform NFT Oasis announced that it has received the first round of funding from $4.4M, aiming to combine VR and DeFi to art creators with more creative freedom, commercial control, and financial success.
DeFi Investing Platform Zerion Raises $8.2M in Series A Funding Led by Mosaic Ventures
San Francisco -based Decentralized finance (DeFi) investing app -Zerion announced to complete a Series A funding with a total value of $8.2 million Wednesday.
Sygnum Bank Becomes the First Bank to Provide ETH 2.0 Pledge Service
The world's first digital asset bank Sygnum Bank announced to be the first bank to accept the pledge of Ethereum 2.0 from its customers.
DeFi Trading Platform PancakeSwap Tokens Rose Nearly 12% in the Worth $72M Burning Event
Decentralized trading platform PancakeSwap’s native token Cake 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 s the largest daily increase since June 23.
Defi Tranche Protocol Receives $1.5M Seed Round of Financing led by Three Arrows Capital and Spartan Group
Defi chess-themed Tranchess protocols received a $1.5 million seed round of financing led by Three Arrows Capital and Spartan Group.
Decentralized Lending Platform Cream Finance Announces Integration with Polygon Network
Decentralized lending platform Cream Finance officially announced integrating with Polygon by launching its money markets on the Ethereum layer 2 scaling solution Polygon network.
Number of Ethereum Addresses Holding at Least 100 Coins Plunges as Chinese Clampdown Looms
Ethereum on-chain metrics are on the decline as China's clampdown looms.
Total Bitcoin Locked in DeFi Spikes as Overall TVL Continues to Decline
As the Total Value Locked in DeFi plunges, Bitcoin investors appear to be saving their holdings in smart contracts amid price falloff.
DeFi Derivatives Platform SynFutures Raises $14M in Series A Funding Led by Polychain
Singapore-based DEFI derivatives EXCHANGE-SynFutures announced Wednesday a Series A funding completed with a total value of $14 million.
Ethereum Might Experience a Period of Consolidation, says Market Analyst
Crypto analyst Michael van de Poppe acknowledged that ETH was holding a crucial support level, which may trigger a period of consolidation.
The Number of Ethereum Transfers Hit a Monthly Low
The number of Ethereum (ETH) transfers has dwindled hitting a 1-month low of 24,471.607, as acknowledged by on-chain metrics provider Glassnode.
Thailand's SEC Eyes on Decentralized Finance
Thai financial authority turn their eyes to decentralized finance regulation by requesting future DeFi-related activities to get appropriate licenses.
0x Protocol's API is Live on Polygon Network
0x Project officially announced that its API is officially integrated with Polygon. The launch of the DEX liquidity API aims to expand this vibrant ecosystem Polygon.