Tag: DeFi
Komodo Starts AtomicDEX beta bringing Nuclear swaps into Ethereum and Bitcoin
Komodo's AtomicDEX attempts to join Ethereum with Bitcoin along with other UTXO networks.The system seeks to empower trustless nuclear swaps between distinct blockchains, now linking Ethereum and its predecessors to blockchains such as Bitcoin,...
The WYT Network: Revolutionizing DeFi with DeFAI
Decentralized Finance, or DeFi, has been making waves in the financial world with promises to revolutionize traditional finance systems. However, as we fast-forward to the present day, it seems that DeFi is struggling to...
Rising Total Value Locked on Ethereum Network Despite Ether Underperformance
Ether, the native cryptocurrency of the Ethereum blockchain, has faced a tough start to the year, dropping over 20% in value. Despite this decline, there is a glimmer of hope on the horizon as...
World Liberty Financial Partners with Chainlink Data Services for DeFi Platform Development
World Liberty Financial (WLFI), a new decentralized finance (DeFi) protocol, announced its partnership with data provider Chainlink to enhance its integration with the broader crypto ecosystem. Chainlink will be providing essential pricing data and...
Tokenized Money Market Funds: The Rise of Stablecoin Alternatives
The stablecoin market has seen significant growth over the past year, with an all-time high market cap of $171 billion. Major players like Visa, PayPal, Revolut, and Stripe have all entered the stablecoin space,...
Unlocking the Potential: How Bitcoin’s Original Blockchain Could Revolutionize DeFi
The developers behind the BOB project, which stands for "Build everything on Bitcoin," have introduced a new vision paper outlining a design for a hybrid layer-2 network that could potentially position Bitcoin as the...
Kraken Launches Ink: Ethereum Layer-2 Network for DeFi Expansion
Kraken, a well-known crypto exchange, has recently revealed its plan to dive into the world of decentralized finance (DeFi) with the launch of Ink, a new Ethereum layer-2 network. This network, based on the...
Managing Economic Risks in DeFi: A Comprehensive Guide
When we talk about risks in DeFi, the first thing that comes to mind is usually hacks and security breaches. These events often dominate headlines and discussions, leading to important conversations about security practices....
DeFi: A Valuable Ally to Traditional Finance – Exploring the Relationship
The relationship between DeFi and traditional finance has been a topic of debate in the financial world, with Federal Reserve Governor Christopher Waller weighing in on the matter. Waller believes that DeFi can work...
Radiant Capital DeFi Protocol Loses $48 Million in Second 2021 Exploit
Radiant Capital, a DeFi protocol, recently fell victim to another exploit, losing a staggering $48 million in the process. This incident marks the second attack on the platform this year, raising concerns about the...