DeFi

According to a Chainalysis report, Central, Northern, and Western Europe (CNWE) have become the world’s biggest crypto economy. Over the last year, the region has received over $1 trillion worth of cryptocurrency, reaching 25% of all global activity. The tremendous growth that started in July 2020 pushed Europe from second to first place since last…

Input Output recently announced that it would leverage Chainlink’s decentralized oracles to make it easier for developers to access real-world databases, paving the way to build DeFi applications on Cardano’s blockchain. Although sentiment surrounding the partnership has been positive, the native tokens for both projects have failed to react. Input Output Hong Kong (IOHK), the…

Previously partnered with COTI, Cardano is going to have its first stablecoin, dubbed Djed, giving space to cheaper transactions and making it easier to run DeFi projects. Software development company COTI announced a few hours ago the issuance of the first stablecoin designed to run on the Cardano blockchain. The news was first revealed by…

Decentralized finance (DeFi) has become a billion-dollar crypto industry, causing a wave of global disruption in financial markets. The benefits of this open, flexible, fast, and transparent ecosystem is describing by Dr. Donald Basile, the CEO of Roman DBDR and Monsoon Blockchain Corporation. Born by the evolution of the crypto space, the DeFi movement is…

Almost everyone at his point knows what “decentralized finance” is. However, generally speaking, the DeFi sector has not yet reached the mass adoption stage. In terms of attitude to it, the situation with DeFi now resembles the situation with cryptocurrencies at the very beginning of 2017. It’s important to note the high rankings of such…

On Friday, Cardano’s official commercial arm EMURGO announced Astarter, a joint venture with China-based technology firm BlockChain4A, to build decentralized financial (DeFi) services infrastructure on Cardano blockchain protocol. The joint venture will combine EMURGO’s technical expertise of Cardano’s founding entities, coupled with Blockchain4A’s experience in DeFi technical infrastructure development. After Cardano’s Alonzo hard fork successfully…