Can DeFi be a Game Changer During the Coronavirus Crisis?

There are many different things worth exploring during this coronavirus crisis. It would appear that DeFi is an interesting aspect in this regard, both for regular consumers as well as businesses.  The decentralized finance industry, or DeFi, has attracted a lot of attention. DeFi Offers Alternative Solutions It is primarily of interest to existing cryptocurrency holders and users. Gaining a foothold outside of this niche industry has been very challenging. That situation may come to change in the very near future. Tinlake, an asset-backed lending protocol, is trying to cater to an entirely different market. In Singapore, the service is

The post Can DeFi be a Game Changer During the Coronavirus Crisis? appeared first on The Merkle News.

Go to Source

Powered by WPeMatico

‘Black Thursday’ Liquidations Sparks $28M Lawsuit Against Maker Foundation

'Black Thursday' Liquidations Sparks $28M Lawsuit Against Maker FoundationThe Maker Foundation is being sued in a class-action lawsuit for $28 million over the March 12 event that caused over $2 million in liquidations. The lawsuit alleges that the team behind the Makerdao project did not explain the extreme risk of loss to investors. Also read: ETH Price Strains Defi Collateral Loans as ‘Black […]

The post ‘Black Thursday’ Liquidations Sparks $28M Lawsuit Against Maker Foundation appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico