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DeFi News

Decentralized finance, also known as DeFi, is a sector within the overall cryptocurrency and blockchain industry focused on providing a decentralized version of mainstream financial opportunities. In the mainstream world, financial institutions offer customers access to opportunities such as cash storage and loans. However, these offerings are governed by centralized entities.

With the help of distributed ledger technology, or DLT, DeFi solutions offer a number of the same opportunities, but they are controlled by a large number of participants who abide by rules enforced by smart contracts. DeFi solutions also often give greater flexibility in terms of users’ ability to store and control their own assets. Additionally, decentralized exchanges, or DEXs, further decentralize digital asset trading, in contrast to trading on centralized digital asset platforms.

Analysis
Compound protocol has placed $150 million worth of COMP tokens at risk, but a bug fix is likely to remedy the situation after giving the community a scare.
Compound crisis averted? Securing exposed COMP could be just the start
Shiraz Jagati
2021-10-08T14:14:00+01:00
3292
News
Abracadabra.Money enables users to provide collateral via interest-bearing tokens and borrow the Magic Internet Money stablecoin against their holdings.
Magic Internet Money races past $1B, sets sights on MakerDao
Brian Quarmby
2021-10-08T06:38:19+01:00
9776
News
Gelato aims to simply DeFi by automating smart contract operations and helping users rebalance their portfolios.
Gelato raises $11M from heavyweight backers for Web 3.0 automation
Martin Young
2021-10-08T03:47:20+01:00
5215
News
Proposal 064 seeks to repair the token distribution bug introduced during Proposal 062 once and for all.
Compound unanimously passes proposal to repair bug
Tom Farren
2021-10-07T17:16:27+01:00
2221
Sponsored
The number of hackathons is going up as the crypto industry is fighting for talent.
The blockchain application platform launches the second hackathon focusing on DeFi and GameFi
Lisa Gibbons
2021-10-07T16:53:00+01:00
2166
Newsletter
The Columbus-5 upgrade took place on Sept. 30 and has introduced an overhaul in Terra’s tokenomics. Is LUNA more bullish because of this?
Cointelegraph Consulting: Terra’s bullish case after Columbus-5 upgrade
Cointelegraph Consulting
2021-10-07T14:14:37+01:00
5583
News
Founded in April 2021, the platform raised funds from a plethora of high-profile figures from the crypto and blockchain space.
Stader Labs completes $4M funding raise to expand crypto staking
Tom Farren
2021-10-07T14:00:00+01:00
3066
News
DeFi blog Rekt claims that FTX failed to adhere to its own terms and conditions by imposing the fee.
FTX customer seeks help after mistaken deposit allegedly results in $1M in fees
Martin Young
2021-10-07T06:58:03+01:00
11441

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