Decentralized finance (DeFi) is an area that many people believe could actually grow significantly over the next few years and capture trillions of dollars’ worth of value. According to statistics, DeFi could be worth $800 billion in 2022 (Source: Insider). So, there are potentially some enormous gains and profits to be
AscendEX is thrilled to announce the listing of the AnRKeyX Token ($ANRX) under the trading pair $ANRX/USDT on AscendEX starting on Dec 7 at 2 p.m. UTC. In celebration of the listing of AnRKeyX token ($ANRX), AscendEX and the AnRKeyX team will launch several limited-time promotional events between 2:00 a.m.
The ever-dynamic world of blockchain technology continues to deliver innovative concepts and solutions. As a result, there is more attention in the blockchain space than ever before for good reasons. In 2021, the concept of decentralized finance and NFTs dominated the tech space and received more media coverage than ever.
The goal of FEI is to create a stablecoin that is more capital efficient. UniTrade is a truly decentralized DeFi trading platform. Let us take a look at the top 3 Projects by Weekly TVL Performance as of 1 December 2021. Fei USD (FEI) Fei is a stablecoin based on
Crypto Analyst Lark Davis shares top three crypto investments. The potential crypto space are DeFi, Metaverse, and Gaming space. Grayscale mentions that Metaverse will present $1 Trillion annual revenue. Crypto space is often associated with cryptocurrencies, DeFis, NFTs, metaverse, and many more unique features being implemented. The whole crypto market
The Malaysian-based SocialFi platform has opted to lead the charge. DeversiFi is a second-layer Ethereum trading platform. Let us take a look at the top three DeFi projects by price performance of the last 30 days as per CryptoDep. Torum (XTM) Torum’s Huobi-backed SocialFi platform and ecosystem dominate the social
Uniswap leads the list with a 30% market share of $13.4B. PancakeSwap enables users to swap BEP20 tokens for CAKE. Let’s look at the top 3 DeFi projects by market cap of Q3 2021. Uniswap (UNI) Uniswap is a well-known decentralized trading mechanism for automated DeFi token trading. This year’s
New Order has raised a $4 million fund which was led by the community to launch the venture DAO incubator for innovative DeFi projects. Significantly, New Order’s DAO has planned to launch projects with belief that DeFi will become more machine intelligent, multi-chain, and extend to new virtual currencies. Moreover,
Moralis is the ultimate Web3 platform. The Moralis Avalanche Hackathon runs from December 6. Avalanche boasts the most validators of any proof-of-stake protocol and the shortest time-to-finality of any smart contract platform. Avalanche is quick, cheap, and green. Any smart contract-enabled application may surpass the competition by building on Avalanche.
DeFi platforms have grown in popularity in recent years. These losses include direct financial losses to Dapps and token holders. According to a recent study by Elliptic, the worldwide leader in crypto asset risk management, billions of dollars have been stolen through decentralized finance (DeFi) protocols. According to Elliptic’s report
