News about DEFI

News about Defi

How do I explain crypto and Defi to my 5 year old niece?

She's obsessed. Would appreciate any help. submitted by /u/ziplineeygirl [link] [comments]

Bear market no issue for Binance Labs’ DeFi incubation program

Binance Labs, the venture capital and incubation arm of the Binance cryptocurrency exchange, continues its business as usual despite the ongoing bear market. The VC firm is preparing to launch the fifth round of the Most Valuable Builder (MVB) accel...

DeFi Protocol Inverse Finance Exploited, $1.2 Million Stolen in Flash Loan Attack – crypto.news

submitted by /u/laulau9025 [link] [comments]

OPINION: The Lightning Network will be the future of DeFi 'yield farming' for BTC.

In light of the recent turmoil in the DeFi space, I wanted to discuss an angle on Bitcoin and Lightning Network adoption that many in the community may not have considered - I believe that LN is positioned to become the future of DeFi 'yield farming'...

High-profile BAYC collector denies allegations of wrongdoing brought by DeFi detective

On Thursday, ZachXBT, a cyber detective in the decentralized finance, or DeFi, realm, accused prominent Taiwanese musician and blockchain personality Jeff Huang, also known as Machi Big Brother, of misconduct in 10 different cryptocurrency projects....

Crypto doesn't need more programmers, it needs UX designers." Top Solana DEX Founder talks about UIs in DeFi and whether Solana can solve its outages problem.

submitted by /u/carloscancab [link] [comments]

Bancor 3 Integrates Over 100 Tokens to Enhance DeFi Liquidity

submitted by /u/putrid_nails [link] [comments]

Anyone else losing Ether in DeFi these days?

We know Celsius is at risk of going under, but what about you guys? I myself have gotten partially liquidated on Aave yesterday. A loan I could easily have paid in full when ETH was $4900, I paid at $1020 forcefully by the smart contract. It hurts bu...

Dogechain Launches Testnet, Evolving Dogecoin’s Utility & Thrusting It Into the DeFi & dApp Space

Dogechain launches its testnet, dramatically evolving the utility of Dogecoin and bringing dApps and DeFi to the community. Dogechain, a blockchain that empowers Doge by bringing dApps to the Doge community, has just launched its testnet. Testnets ar...

DeFi contagion fears and rumors of Celsius and 3AC insolvency could weigh on NEXO price

The price of Nexo (NEXO) continued to fall on June 15 as crypto lending firms continue to be shaken by the falling cryptocurrency market.Meanwhile, Nexo has denied rumors of exposure to Three Arrows Capital (3AC), a Dubai-based crypto fund facing ins...

Bitcoin and Lightning Network can save DeFi from adversity: MicroStrategy CEO

In light of the recent fragility in the decentralized finance (DeFi) sector, Bitcoin (BTC) maximalist and MicroStrategy CEO Michael Saylor feels that Bitcoin and the Lightning network can come to the rescue of the DeFi market.With two enormous protoc...

Cake DeFi confirm no connection to Celsius contagion

The press release from Cake DeFi was interesting to read yesterday, and one that got me thinking. Released in the wake of the Celsius meltdown, the crypto-lending platform that has suspended withdrawals and may or may not be entirely insolvent, the...

DeFing All Odds - The Daily Gwei #500

submitted by /u/DailyGweiBot [link] [comments]

Crypto Bloodbath Spills to DeFi as TVL Nosedives

When the digital currency ecosystem records as much as a plunge below $1 trillion in combined market capitalization, the (DeFi) ecosystem can certainly not be spared. While Bitcoin (BTC), the industry’s legacy coin, has to its lowest level since...

Legend Animator from Japan to Launch Identity Defining NFT Brand “BOSO Tokyo”

PRESS RELEASE. BOSO TOKYO announce the launch of NFT project “BOSO TOKYO” , an identity defining brand in the Metaverse To commemorate its launch, BOSO TOKYO has launched a giveaway campaign for their NFT. Check out t...

Crypto crash wreaking havoc on DeFi protocols, CEXs

On Monday, a heavy cryptocurrency sell-off in the markets caused significant ripples for projects and entities alike. On popular decentralized finance, or DeFi, lending protocol Aave (AAVE), utilization rates have fallen across nearly all stablecoin...

Not your keys, not your yield: A Traditional Investor’s Guide to Earning Yield in DeFi

submitted by /u/theyoungcrews [link] [comments]

The journey of a DeFi enthusiast. What do you think of this?

It all started in 2017 when Ethereum started reinventing & opening up access for devs to build open-source, transparent & decentralized finance applications, which was leveraged by IDEX which was the first DEX where one can swap cryptocurrenc...

DeFi pulls the curtain on financial magic, says EU Blockchain Observatory expert

As decentralized finance continues its victorious march — although the road is sometimes bumpy — some significant questions on its nature remain. How can DeFi applications be protected from becoming nonoperational under extreme stress? Is it really d...

J.P. Morgan on its crypto plans: ‘The overall goal is to bring these trillions of dollars of assets into DeFi’

submitted by /u/ChemicalGreek [link] [comments]

Indian Government’s Chief Economic Adviser Warns of Danger in Crypto, Defi Without Regulation

The Indian government’s chief economic adviser has warned about innovations like crypto and decentralized finance (defi) in the absence of regulation. “We may not be fully aware or comprehend the kind of forces we are unleashing our...

Defi Platforms and Smart Contract Tokens Suffer the Most During the Crypto Market Rout

While the crypto economy has dropped lower in value against the U.S. dollar, sliding to just under $1.2 trillion, the value of decentralized finance (defi) protocols and smart contract tokens has suffered a great deal. Statistics show that the total...

Finance Redefined: Number of DAOs surge, Solana launches $100M DeFi fund

This past week, the decentralized finance (DeFi) ecosystem was ruled by decentralized autonomous organizations and new fund launches for the growth of the Web3 ecosystem. The total number of DAOs surged by eight times while Solana launched a $100 mil...

‘Your government doesn’t get to define who you “really” are’: Ethereum founder Vitalik Buterin doubles down on crypto pseudonym culture