MIT professor: DeFi can reduce banking power

I always find it interesting that people who are very accomplished in their respective fields start changing their minds about cryptocurrency. One of these cases is Catherine TuckerSloan Professor Emeritus of Management and Professor of Marketing at MIT Sloan. I came across his excellent paper, Antitrust and Costless Verification: An Optimistic and Pessimistic View of … Read more

Bitcoin Crashes Near $20,000 – But DeFI Hasn’t Said Its Last Word, Here’s Why! – Mag Mirror

Top 2 Cryptocurrencies to Buy Now and Hold for the

Facebook Twitter Messenger WhatsApp LinkedIn “Transparency and real-time tracking of on-chain transactions allows everyone to see liquidations and value-at-risk at these levels,” Svanevik added. Aave, Compound see massive transactions Svanevik pointed out that more than $6 billion has been repaid on Aave and Compound, two lending and borrowing platforms, which equates to a 64% reduction … Read more

DeFi: Paraswap launches an NFT platform with its mobile application ParaSwAPP

DeFi Paraswap launches an NFT platform with its mobile application

OpenSea’s New Competitor – L’NFT ecosystem saw significant growth in the months of July and August 2021. Despite the decrease in transaction volumes, the NFT sphere remains actively followed by the community. In this universe, NFT’s buying and selling platform Opensea has been able to establish itself leader. However, a new platform launched by Paraswap … Read more

DeFi turns its back on market panic

There have been some disturbing trends in crypto lately, but one in particular caught my attention last week. Solend, the Solana-based lending platform, passed a government vote to take over a private wallet. The private wallet (now called “whale”) deposited 5.7 million SOL, currently worth $200 million, on the lending platform. Against this position, the … Read more

Crypto Lenders Face DeFi Beating By Reuters

Crypto Lenders Face DeFi Beating By Reuters

© Reuters. FILE PHOTO: A representation of bitcoin is seen in an illustrative photo taken at La Maison du Bitcoin in Paris, France, June 23, 2017. REUTERS/Benoit Tessier By Lisa Pauline Mattackal and Medha Singh (Reuters) – Crypto lending may not be down, but it’s certainly on the ropes. Crypto lenders have exploded over the … Read more

Cryptoverse : Les cranciers de crypto-monnaies sont confronts un coup de massue de la part de DeFi.

Les cranciers de crypto-monnaies ont connu un vritable boom au cours des deux dernires annes, attirant des dizaines de milliards de dollars en bitcoin, ther et autres pices qu’ils ont leur tour prts ou investis, souvent dans des projets de finance dcentralise (DeFi) aux rendements faramineux. Mais avec la chute des marchs des crypto-monnaies, l’activit … Read more

KyberSwap: Seamless DeFi Trading and Earnings Experience – BeinCrypto

KyberSwap Seamless DeFi Trading and Earnings Experience BeinCrypto

KyberSwap is a decentralized exchange (DEX) aggregator that began offering its services in 2018. Previously known as Dynamic Market Maker (DMM), the now fully rebranded KyberSwap protocol offers a multi-chain cryptocurrency trading service . With the impending global adoption of cryptocurrencies, hundreds of new tokens are appearing every day. Many users find it extremely difficult … Read more

Indian Government’s Chief Economic Adviser Warns Of Crypto Danger, Defi Without Regulation Bitcoin Regulation News

Indian Governments Chief Economic Adviser Warns Of Crypto Danger Defi

The Indian government’s chief economic adviser has warned against innovations such as crypto and decentralized finance (defi) in the absence of regulation. “We may not be fully aware or understand the kind of forces that we release ourselves,” he said. Indian government’s chief economic adviser is skeptical of crypto, mistrust and decentralization Chief Economic Adviser … Read more

This Crypto Exchange Invests $1 Billion In DeFi Despite An 80% Crash

Crypto exchange Huobi Global has launched a new venture capital arm aimed at investing in upcoming blockchain, web3 and DeFi projects. The spin-off is called Ivy Blocks and has more than $1 billion in assets under management as part of its “war chest,” the exchange said in a statement. The first project backed by Ivy … Read more

Defi Educator Says $22 Billion in ETH 2.0 Funds Won’t Be Liquid Immediately After PoS Transition

Defi Educator Says 22 Billion in ETH 20 Funds Wont

As Ethereum’s transition to proof-of-stake (PoS) nears and network hashrate hits another all-time high, Ethereum 2.0 contract nears 13 million ether worth 22.6 billion dollars using today’s ether exchange rates. Additionally, according to a decentralized finance (defi) educator, the $22.6 billion of Ethereum that continues to grow will not be unlocked until another upgrade is … Read more