Search Results for: defi

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Binance CEO Wishes More Defi-Based Ethereum Projects to Join His Platform

Changpeng Zhao, CEO of Binance, welcomed more DeFi projects based at Ethereum to join the Binance Smart Chain (BSC) platform. In a tweet discussion with another user, Zhao explained that this step would lower the load on the Ethereum network, which in turn will lead to a reduction in the gas fees for Ethereum. Zhao […]

Decentralized Energy is Essential to a Future for DeFi

Decentralized Energy (DeEn) leverages Ethereum’s DApps and Smart Contracts for transactions and trading of energy properties. In a paper published on July 31, Lition, a Berlin-based sustainable tech startup that introduced a blockchain-based marketplace enabling customers to choose between various energy suppliers, DeEn has the same “structure, advantages, and logic” as DeFi or Decentralized Finance. […]

DeFi’s growth has been propelled by the increasing popularity of yield farming and Bitcoin tokenization protocols, according to ConsenSys.

DeFi’s Growth Propelled by Yield Farming and Bitcoin Tokenization: ConsenSys

According to ConsenSys, the increasing tokenization of Bitcoin and the advent of yield farming has powered the decentralized finance sector’s growth over the past three months. Ethereum-based DeFi’s second-quarter report highlights the importance of the total amount of tokenized BTC overtaking the volume of BTC on Bitcoin’s own layer 2 scaling solution, the Lightning Network. […]

Ethereume Network Is Stronger Than Ever Before as DeFi, USDT_ETH Grows

As the Bitcoin network showed signs of a bullish rally on the market, Ethereum. The second-largest crypto was not far behind in showing signs of a market upward trend. The Etheruem network has highlighted the ecosystem’s strength not only with the coin’s market position. But also with its extended ecosystem. As regards the ETH coin, […]

Atomic Loans Launching a Product on DeFi

Atomic Loans Launching a Product on DeFi

Atomic Loans is releasing a Decentralized Finance (DeFi) product that is likely to be the nearest to a Bitcoin (BTC) chain direct implementation. It doesn’t completely stop using an external smart contract platform, but it allows for collateral directly using Bitcoin. On April 14, the company announced it had raised $2.45 million in seed funding […]

DeFi giant MakerDAO

DeFi Giant MakerDAO Avoiding Shutdown in the Face of Tanking ETH – for Now

As Ether’s price sees record losses, MakerDAO, the biggest player in decentralized finance (DeFi) on the Ethereum network, is looking at responses including a shutdown – though that possibility remains unlikely at this point. Markets clobber DeFi Per a March 12 call in response to “Black Thursday” losses, developers and MakerDAO Foundation members weighed the […]

defi leader makerdao partners with simplex

DeFi Giant MakerDAO Partners with Simplex to Build a DAI Fiat On-Ramp

Major decentralized finance (DeFi) player MakerDAO (MKR) partnered with payment processor Simplex to create a fiat on-ramp for its DAI decentralized stablecoin. According to the 3rd March’s announcement, the partnership makes it possible to buy DAI with the credit and debit cards of Simplex’s partner firms. Maker’s business development representative in Europe, Gustav Arentoft, said: […]

Huobi open source DeFi blockchain

Huobi Open-Source DeFi Blockchain Now Live for Public Beta Testing

Huobi, a major cryptocurrency exchange, announced the public testnet launch of its open-source decentralized finance (DeFi) blockchain, Huobi Chain, on Feb 29. Its aim is to provide a regulatory-friendly framework for financial services companies to deploy applications in a variety of finance-related sectors. Huobi Chain incorporates a flexible governance model that supports both regulators and […]

sectors realizing full potential of DeFi protocols in 2020

Sectors Realizing the Full Potential of DeFi Protocols in 2020

As the new decade unreels, a new wave of disruption seems to be coming to the shores of the global financial system. That wave is called decentralized finance protocols. Decentralized Finance, or DeFi, simply refers to financial software that is built on the blockchain to make it easy for anyone to piece together digital assets […]

DeFi Pulse

Decentralized Finance Tracker ‘DeFi Pulse’ Launches New System

Analytics site DeFi Pulse today releases a new system to accelerate the listing of decentralized finance (DeFi) protocols. According to the co-founder Scott Lewis, DeFi Pulse, the team’s new listing process will go live today. With the new system, the prospective project, rather than the site itself, will code the required adaptor using the DeFi […]