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0 CommentsWhat is yield farming and how to make money in decentralized finance (DeFi) – a comprehensive guide on yield farming, posted by Jagjit Singh on Cointelegraph. What is yield farming? Yield farming is a method of allowing crypto investors to lock up their assets in exchange for rewards. At its most basic level, yield farming…
Future and current decentralized projects need to consider utility and ease of accessibility in order for DeFi to survive the unpredictable volatility of the market. It has arguably never been easier to participate in the crypto ecosystem. After centralized exchange powerhouse Coinbase recently began allowing its users to deposit part of their fiat paychecks into…
The DeFi platform Wormhole became the victim of the largest crypto heist this year when an attacker exploited a security flaw to make off with close to $325 million. The attack on the popular bridge linking Ethereum and Solana is among the top five largest crypto hacks of all time. The attack took place on…
Fantom (FTM) surpassed Binance Smart Chain (BSC) over the weekend to become the third-largest decentralized finance (DeFi) ecosystem by total value locked (TVL), as the value locked on DeFi-focused projects built on Fantom surged 52% in the past week. Ethereum remains the top DeFi protocol by value locked. On Monday, more than $12.2 billion worth…
The exchange Huobi has predicted a bear market in 2022 for Bitcoin as central banks tighten their monetary policies and the market sees a liquidity crunch. On the other side, DeFi and cross-chain interoperability will continue to expand and adapt, with DAO governance eventually becoming a significant driver of activity. Another major entity in the…
Arab Bank Switzerland, the Geneva-based affiliate of Middle Eastern lender Arab Bank PLC, has extended its crypto offerings focused on wealthy investors. It includes ten major decentralized finance (DeFi) tokens, such as AAVE, COMP, UNI, and more. Arab Bank Switzerland began offering crypto custody and brokerage of Bitcoin and Ether back in 2019. Recently, CoinDesk…
