Decentralized Finance (DeFi) has become the new sanctuary for succulent returns nowadays. In any case, traders regularly disregard the dangers implied in the DeFi, noticed Mr. Fabian Schär, who is an educator of blockchain and fintech at the University of Basel. He likewise cautioned that wild investing might make traders
Polygon will launch IOI Game, a Trade Race manager. IOI Game, a valuableNFT game powered by DeFi. It can also provide low network fees and scalability opportunities. Polygon formerly known as the Matic Network has announced the launch of its new project. It revealed that it plans to launch IOI
The past year has been buzzing with increasing activities in decentralized finance (DeFi) and the blockchain ecosystem as a whole. From a total value locked (TVL) of $500 million on March 12 (the much talked about Black Thursday), DeFi has grown tremendously to become one of the most significant forces
The recent crypto market crash which was down for nearly more than a month has created as much speculation and aftermath as possible. One such is the drop in Ethereum’s gas fees. These lower Ethereum (ETH) transaction fees account to lower transactions and lower trades upon the market slump. ETH
AscendEX (formerly BitMax), a global cryptocurrency financial platform with a comprehensive product suite, is thrilled to announce the listing of the Radix tokens (EXRD and XRD) under the pairs USDT/XRD and USDT/EXRD on June 29 at 1 p.m. UTC. Radix intends to remove the technology barriers limiting the expansion of
The upcoming menace in decentralized finance (DeFi) is Soft rug. The malicious maneuver in the crypto industry, known as rug pull. The Defiant reported on another claimed soft rug involving Swipe. The many known scams that have tortured the decentralized finance (DeFi) and exploit for some time along with another
Blockchain venture capitalist firm Nodeseeds has announced its investment in decentralized finance protocol 5x.finance. This development was revealed on June 21 and continues the current spate of investment by the Nodeseeds in recent months. Significant investment for Nodeseeds Nodeseeds investment in 5x.finance is a significant one as it looks to
Digital currency asset manager Grayscale initiates to add 13 more new tokens under the consideration of decentralized finance (DeFi). Grayscale, the world’s largest crypto- asset manager explores the investments introducing newly potential products. The firm seeks to create additional investment products which help them to fly forward in their professional
Mark Cuban invested in TITAN which crashed to near zero. He asks for DeFi and stablecoin regulation. Other Twitter users commented that “one should be careful when investing”. TITAN is owned by Iron Finance, it began bridging to Polygon’s chain on May 18 to benefit from Polygon’s performance and low
SynFutures has raised a series A funding round of $14 million led by Polychain Capital. The money would be used to develop the firm’s flagship derivatives exchange which is set to launch soon. The funding round was joined by many high profile cryptocurrency and blockchain investors. Like Pantera Capital, Wintermute
