Are the BZx Flash Loan Attacks Signaling the End of DeFi?
Recent attacks on the lending platform bZx have left faith in DeFi shattered, but what actually happened? And can the sector bounce back? Go to Source Powered by WPeMatico
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Defi for Bitcoin: Collateral Peg Platform Provides Noncustodial BTC Lending on Ethereum
During the second week of February, a new project called tBTC was unveiled that is similar to the Wrapped Bitcoin (WBTC) created with the Ethereum network. However, the tBTC effort claims to be a noncustodial application that allows users to deposit BTC, mint tBTC, and lend it with interest. Also Read: Market Update: Bitcoin Halving … Read more
Institutions Eye Bitcoin as Hedge Against Global Economic Volatility
Hedging was traditionally the preserve of traditional finance, but it’s making its way into DeFi as institutions eye up Bitcoin as a successor of gold Go to Source Powered by WPeMatico
Bancor’s DeFi Ecosystem is Growing Rapidly
The DeFi industry is getting a lot of attention lately. Whereas most people look at Ethereum, it appears that Bancor is growing quickly as well. Bancor is one of the many protocols catering to users seeking financial products and services. DeFi on Bancor Gains Traction It is only normal that this protocol would make inroads … Read more
Meet the Network Investor: A Venture Capitalist Who Invests in DeFi
How do you invest in a space where startups rarely have revenue? Go to Source Powered by WPeMatico
DEX Volume Soars But Bzx Exploit Raises Questions About ‘Decentralization Theatre’
As the decentralized finance juggernaut rolls inexorably forward, the exploitation of defi project Bzx – in which $350K, or around 2% of total assets was taken – has called the decentralization of the industry into doubt. The attack forced an admin key reset to redeem lost funds and sparked a surge in defi insurance, with … Read more
DeFi Begins to Move From a Sub-niche Market to Mainstream Finance
Stakeholders identify some of the pain points for the DeFi industry as the market looks to grow beyond its $1 billion valuation Go to Source Powered by WPeMatico
Five Signs That Ethereum Is Having Its Moment Right Now
With the Ether price doubling in weeks, the founder of Synthetix, Kain Warwick, has said he believes Ethereum is the reason people are “getting excited about crypto again” Go to Source Powered by WPeMatico
Millions of Online Retailers Can Now Accept DAI on Coinbase Commerce
Coinbase commerce has integrated Dai for millions of merchants to accept the stablecoin for payment method Go to Source Powered by WPeMatico
The Four Phases of Decentralized Finance
The DeFi industry has been growing and changing — here are the four-phase model that clarifies what has been achieved and what to expect in the future Go to Source Powered by WPeMatico