Please note, this is a STATIC archive of website cointelegraph.com from October 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

“The Market Report” with Cointelegraph is live right now with special guest Gareth Soloway, an experienced swing and day trader.

BTC holds crucial support at $40K! | Watch The Market Report with Gareth Soloway

2021-09-30T17:00:00+01:00

4411

Cointelegraph spoke to the hacker for insights on the timeline of events, as well as the wider implications of bounty programs on DeFi’s security landscape.

White hat hacker paid DeFi’s largest reported bounty fee

2021-09-30T13:55:00+01:00

9348

It is expected that the total figure of tokens could rise to north of $85 million.

Compound supply bug mistakenly rewarded users with $70M in tokens

2021-09-30T12:59:58+01:00

10976

Layer-two aggregator Polygon has seen a 330% surge in active addresses over the past three months.

Polygon briefly overtakes Ethereum for active addresses after 330% surge

2021-09-30T05:58:56+01:00

17344

CELR soars to a new all-time high following the launch of its cross-chain bridge that allows traders to jump back and forth between various layer-1 and layer-2 ...

Celer (CELR) gains 400% after traders embrace its multi-chain ‘cBridge 2.0’ solution

Jordan Finneseth

2021-09-29T21:15:00+01:00

7974

According to Polygon’s co-founder, Sandeep Nailwal, it is only a matter of time before Ethereum overtakes Bitcoin as the dominant layer-one protocol.

Ethereum will replace Bitcoin as the leading crypto network, claims Polygon co-founder

Marco Castrovilli

2021-09-29T18:01:00+01:00

22284

The upgrade promises to deliver negative carbon output across the platform.

Algorand launches virtual machine to increase smart contract capabilities

2021-09-29T16:00:00+01:00

11890

Talisman plans to release an early version of its Polkadot wallet extension before the end of November.

Polkadot Web3 wallet Talisman closes $2.35M seed funding round

Osato Avan-Nomayo

2021-09-29T14:00:00+01:00

4961