Please note, this is a STATIC archive of website cointelegraph.com from 17 Oct 2021, cach3.com does not collect or store any user information, there is no "phishing" involved.

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.

Top News

Is Dogecoin set to follow Shiba Inu’s (SHIB) 400% breakout?

'Much ow' ahead? Dogecoin chart fractal puts Shiba Inu's 390% QTD rally in danger

Shiba Inu rebounds 40% despite major selling by SHIB whales

One currency to rule them all: Facebook’s Diem has global ambitions

Shiba Inu is now a top-20 cryptocurrency with SHIB price soaring 300% in 9 days

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

2021-10-07T06:58:03+01:00

11443

Rune Christensen believes MakerDAO’s collateral should be mobilized to capital into sustainable investments.

MakerDAO founder's plans to address climate change and pivot back to ETH

2021-10-07T04:12:07+01:00

6541

The successful launch of the long-awaited Columbus-5 upgrade is just one of the factors in LUNA’s ascension to a new record high.

3 reasons why Terra (LUNA) price hit a new all-time high

Jordan Finneseth

2021-10-06T20:56:47+01:00

18771

The Mirror Protocol now accepts any contributor as long as they have an Ethereum address and wallet.

Mirror opens access to its blockchain blogging platform to all

2021-10-06T06:13:14+01:00

7340

The Inter Blockchain Communication protocol that powers Cosmos has been growing steadily over the past six months.

Cosmos sees 1 million transfers in a month across the ecosystem

2021-10-06T04:11:10+01:00

8249

Decentralized finance is approaching $200 billion in total value locked, with DEXs accounting for a significant share of the market.

THORSwap closes investment round as cross-chain DEXs take center stage

2021-10-05T15:28:26+01:00

3096

Crypto advocates remind socially accountable and helpful media platforms are possible with decentralization.

Likes out: Facebook blackout sparks ideas for Web 3.0

2021-10-05T13:38:22+01:00

5383

“[Crypto] is a trend that has barely started — money is the easiest application and the Bitcoin use case started there,” said Bank of America.

Bank of America offers bullish outlook for DeFi and NFTs

2021-10-05T07:29:48+01:00

9984