Cryptocurrencies related to DeFi projects have fallen more than Bitcoin and Ethereum during the recent market downturn. Decentralized finance (DeFi) tokens seem to be taking heavy price hits as widespread correction in crypto markets continues today. According to CoinGecko, top DeFi projects, including Aave, Uniswap, Chainlink, and Terra, have lost 20% and more of each…
DeFi is changing the way the sector operates by using onramps and integrations across blockchains to make giving to charities easier, writes George Harrap on Cointelegraph. Most of the stories coming out of the crypto industry this past year have centered around enormous numbers flowing in and out of the space. From stablecoins topping over…
Cream Finance, decentralized finance (DeFi) project, will integrate its lending and borrowing services with Moonbeam, a smart contract platform on Polkadot. Kusama and Polkadot users will be able to use Cream’s services to deposit digital assets as collateral or lend them out. On a Thursday, Moonbeam has announced Cream Finance would be integrating with its…
Despite the crypto market was actually flat Tuesday, the novel token Solana become a hot-token, hitting a new all-time high due to growing investor fervor around altcoins, which also supports the smart contracts necessary for booming decentralized finance (DeFi) applications and non-fungible tokens (NFTs). Solana (SOL) token surged to become the 7th most valuable cryptocurrency…
The decentralized finance (DeFi) sector of the crypto industry has seen possibly the most progress in 2021, with the launch of a series of innovative platforms and protocols that help users avoid the need to rely on centralized financial infrastructure. Here is the view of three new leading platforms exposing the wider potential of cryptocurrencies….
Cardano plans to make its blockchain interoperable and compete with the DeFi ecosystem based on Ethereum. Using its native altcoin (ADA), Cardano is getting closer to its decentralized finance objectives in partnership with dcSpark. dcSpark, a product-based DLT company, announced on Wednesday plans to develop a new sidechain project titled “Milkomeda” to aid cryptocurrencies not…