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On June 13, the billionaire investor and co-host of the television series Shark Tank, Mark Cuban, explained his fascination with decentralized finance (defi) in an editorial published to his blog. Cuban details that many defi organizations are different because they are not corporate entities or based in the United States. He believes that “no one […]Powered by WPeMatico
Aiming to reduce the cost of transacting within DeFi is attracting developers and investors to Celer Network, Cartesi and Compound.
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The Feb. 22 crypto market flash-crash liquidated more than $24 million worth of DeFi loans. with Compound users representing more than half of the margin calls.
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The mainstream has caught a whiff of the gains cryptocurrencies like bitcoin and ethereum have seen, but many people are not aware of the passive income crypto users are getting as well. While financial incumbents are giving people with savings accounts a measly 0.35% to 0.60%, digital currencies can give people 1-17% or even more […]Powered by WPeMatico
DeFi’s top three lending protocols have reached record levels of collateral lockup above $20B.
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The DeFi market has corrected hard as Bitcoin dropped below $40,000, but analysts say a recovery is likely.
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Bitcoin price fell back into the descending triangle but this dip may attract buyers to altcoins and DeFi tokens in the short term.
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PRESS RELEASE. Lendefi is a brand-new protocol aiming to provide opportunities such as lending and borrowing, leveraging and investing. Lendefi is an innovative second-generation DeFi lending protocol that allows lenders to earn interest on stablecoin deposits, and for borrowers to obtain undercollateralized loans (UCLs) to invest in popular digital assets. The main advantage of Lendefi […]Powered by WPeMatico
DeFi, like crypto as a whole, features brilliant and questionable projects in equal measure.
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