Real-world asset protocols outperform DeFi blue chips due to tokenization wave
    10 Jun 2023

    Traditional finance companies are boosting their engagement with Ethereum-based real-world asset protocols, resulting in RWAs outperforming DeFi blue chips. Real-world asset (RWA) protocols have become a hot trend within decentralized finance (DeFi) circles. An RWA protocol is a decentralized application that allows entities to tokenize and trade real-world assets. These assets range from stocks and…

    The shift from centralized exchanges to DEXs
    10 Jun 2023

    The growth of DeFi has happened in spite of the CEXs’ stranglehold, with users relying on non-custodial wallets to access even the most basic of DeFi products. Centralized exchanges have been the dominant force on the cryptocurrency landscape for over a decade, acting as the primary method of transferring value between blockchains and serving as…

    SEC charges against Binance and Coinbase are terrible for DeFi
    10 Jun 2023

    The SEC’s charges against Binance and Coinbase could have far-reaching consequences for decentralized finance. The allegations against Binance and Coinbase by the U.S. Securities and Exchange Commission have substantial ramifications for the decentralized finance (DeFi) ecosystem, and they are far from positive. DeFi has developed as a promising area within the crypto industry, aiming to disrupt established…