Decentralized Finance (DeFi), is a financial application that is built on blockchain technology allowing transactions between multiple parties. Whereas, decentralized applications (dApps) and DeFi, let anyone with internet access to engage in a new generation of financial services. The crypto space was hyped with the concept of NFTs and DeFi
Aave (AAVE) soars over 14% in 24 hours. Price rose up from $171.34 to a whopping $197.91. The DeFi project is expected to put out the impeccable performance it made before in 2021. As for today’s top performer so far upon the altcoins, we have the Aave (AAVE), which has
Uno Re, a decentralized insurance platform, launched its Cover Portal on April 21st, 2022. Accessible through Uno Re’s dApp, the Cover Portal addresses an underemphasized need in DeFi space: easy access to insurance. For the first time, DeFi users can insure their crypto-assets in a few simple steps thanks to
GYM NETWORK got launched on 25 March 2022. It is a highly innovative DeFi platform that is the first to introduce affiliate marketing to decentralized finance, allowing users to earn commissions by referring others, while profiting from the platform themselves. $26 MILLION TOTAL VALUE LOCKED WITHIN THE FIRST 3 WEEKS
The decentralized finance ecosystem, popular as DeFi, has experienced magnanimous growth over the past three years, growing into a $100 billion market. The ecosystem is still relatively new in the growing crypto market but offers its users vast opportunities to earn income, connect to the financial system, and profit from
Over the past few years, we have witnessed the explosive growth of DeFi and NFT, the emergence of new projects, and the increase in liquidity. But it’s always difficult for active investors to find interesting projects. In the crypto space, it has become much more difficult to find really valuable
Moonbeam has been up 7.84% in the last 24 hours. Terra’s ecosystem surged 17% in the last 7 days. Let us take a look at the top 3 explosive altcoins promising high ROI. Terra (LUNA) Terra’s TVL surges 17% within seven days to hit $31 Billion. The Terra (LUNA) decentralized
The attacker injected money into multiple trading pairings. Ola Finance reported it had been hacked for $3.6 million. Inverse Finance (INV), an Ethereum-based lending system, said on Saturday that it had been hacked and that an attacker had made off with $15.6 million in cryptocurrencies. On Inverse’s Anchor (ANC) money
The DeFi ecosystem continues to develop at a rapid rate, with innovations ensuring that mainstream users can access and take advantage of novel financial solutions in the decentralized ecosystem. One such development is flash loans. Flash loan is a type of DeFi loan that allows users to borrow funds and
Cardano’s multi-protocol DEX, Bashoswap when launched will make it easy for anybody to quickly and cheaply swap Cardano tokens. The Bashoswap project’s is backed by a formidable team with extensive experience with smart contracts, native assets, and the blockchain ecosystem. The DEX was built to provide a scalable channel for trading
