Tags : DeFi

Cryptocurrency

Is DeFi Summer bound to repeat itself in 2021?

It all started when the Compound protocol released its own governance token Compound (COMP), thus popularizing the concept of staking. COMP helped usher in the liquidity mining frenzy we see today and, during that time, we also witnessed how Yearn Finance’s native token, YFI, became the first cryptocurrency to ever surpass the price of Bitcoin. […]Read More

Regulation

WEF issues DeFi policy ‘toolkit’—and Columbia’s already planning to use

Global policy, business, and academic think tank the World Economic Forum (WEF) released its decentralized finance (DeFi) policy toolkit today, as per a release this morning. “DeFi presents a generational expansion of financial opportunity (and always accompanying risk). The most important first step before any regulatory or policy undertaking is to level-set on the evolving […]Read More

Cryptocurrency

DeFi project Dfyn buzzes to $200m TVL, secures 3 major

Dfyn Network, the multichain, low-fee automated market maker (AMMs) exchange, has become an IDO success story just weeks after launch, boasting over $200 million in total value locked, thousands of users, and partnerships or grants from top crypto projects. The exchange is currently live on the Polygon network and has emerged as the fastest-growing DEX […]Read More

Bitcoin

‘Bitcoin is DeFi’ and other crypto takes with Anna Tutova

Anna Tutova got into crypto only in 2017. But just four years later, she helms one of the highest-ranked public relations and marketing companies that deal in the niche sector, Coinstelegram. Her story is, perhaps, very relatable to many individuals. Tutova learned about Bitcoin and blockchain from a friend during an internship with a law […]Read More

Regulation

Thailand’s SEC looks to regulate the issuance of DeFi tokens

The Securities and Exchange Commission (SEC) of Thailand has announced that it may require decentralized finance (DeFi) projects that issue cryptocurrencies to obtain corresponding licenses in the future, Bangkok Post reported today. “The issuance of digital tokens must be authorized and overseen by the Securities and Exchange Commission and the issuer is required to disclose […]Read More

Cryptocurrency

DeFi is coming to the Cosmos (ATOM) network via ‘Gravity’

We’re only in Q2 but 2021 has already been a record-breaking year for Cosmos. Its continually expanding network of blockchains built with environmentally friendly Proof-of-Stake Cosmos SDK technology now comprises more than 240 apps and services with around $100 billion of digital assets under management. Cosmos includes crypto powerhouses like Binance Coin, Terra, Crypto.com, Cosmos […]Read More

Cryptocurrency

Here’s how stablecoins like DAI made an impact in the

The crypto sector has witnessed growth since the decentralized finance (DeFi) summer of mid-2020. And diving deeper into the DeFi ecosystem reveals the current state of stablecoin utilization and the circulating supply of the decentralized stablecoin ‘DAI.’ Growing stablecoin usage The growth of the DeFi ecosystem, which is built mainly on the innovative use of […]Read More

Bitcoin

Talking Bitcoin, ICOs, and Ethereum DeFi with ‘The Defiant’ founder

Few individuals make the career switch from a “steady” mainstream financial news publication to writing a book on the “risky” crypto space. We’re talking about Camilla Russo, the rockstar author behind cult favorite “The Infinite Machine”—an account of Ethereum’s “past, present, and likely future.” For those who don’t know, Russo covered financial markets at Bloomberg […]Read More

Bitcoin

Bitcoin DeFi project Badger DAO diversifies its $21 million treasury

Badger DAO is one of the only Bitcoin-focussed DeFi products on the market and is expanding its ambitions. Forwards for Badger Badger DAO, the Bitcoin-focused decentralized finance (DeFi) protocol, has diversified a $21 million treasury via its “strategic partners,” the project said this morning. The partners shall help add value to the DAO’s governance along […]Read More