Charles Hoskinson mentioned the DeFi network as a bubble. Cardano’s design is well organized to accommodate the second wave of DeFi. Cardano can host decentralized applications (dApps) in the DeFi space. On September 17 (Friday) in an interview the founder of Cardano, Charles Hoskinson mentioned the decentralized finance (DeFi) network
DeFi’s infrastructure would significantly recreate traditional financial services, regardless of the technology used by a platform in this financial world. Furthermore, DeFi has the potential to promote the financial sector and open up a new level of innovation. As the world shows that the future of digital payment mode may
MonoX Protocol raises $5 million through mass fundings. Focuses on bringing projects with superior DEX features. All new projects to be upon single sided pools featuring only one token. When it comes to the world of Decentralized Finance (DeFi) and all its protocols, the MonoX Protocol is one of the
On Tuesday, Synthetix native token SNX surge in price. Lyra’s new program called, “trial liquidity mining program”. LYRA tokens not yet released for trading. On Tuesday, an Ethereum-based DeFi ecosystem Synthetix native token SNX surge in price. The reason behind the price surge is Lyra has announced a rewards program
Digital assets joining hands with tech driven establishments together for further developments is nothing new to the crypto industry. However, being America’s largest stock exchange, the Nasdaq Stock Market now extends its services to the DeFiChain (DFI) for updating live price feeds and data. All this is expected to increase
Tragic seems to have hit hard for the DeFi protocols, COVER, and RULER badly. Yes, sources have confirmed well in advance regarding this closure. However, the news is finally official now as the community manager Ted, also known as ‘DeFi Ted’ announces it. The Shutdown The COVER protocol is completely
The newest Parallel Finance funding round garnered several million dollars in risk capital funds. Polkadot’s Parallel on August 30, DeFi lending and staking protocol announced a $22 million Series A funding investment in a $150 million round. Polychain Capital led the investment, including conventional investors such as Alameda Research, Blockchain
While NFTs have gained the most attention via the high volume and spectacular sales of Art Blocks and Bored Apes this week. Decentralized finance protocols have discreetly attracted bigger capital stores. According to statistics from DeFi Llama. The “total locked value” (TVL) of the DeFi protocols across blockchains has reached
Avalanche is a potential platform for smart contracts based on the first advance in decentralized systems since Satoshi Nakamoto published the Bitcoin Whitepaper in 2008. Compared to Bitcoin, Bitcoin Cash and other proof-of-work currencies vying in currency replacement. Avalanche may seem like a distinct species, but we do have certain
The RanchiMall is basically an enterprise based on blockchain technology and applying it on a larger scale for use by the masses, including the application of smart contracts and much more. Despite being started up in India, it has significantly grown with a short aspiring and ambitious team though. In
