DeFi has thrived on certain blockchains, such as Ethereum and Solana, but not on Bitcoin, primarily due to Bitcoin's limited support for complex smart contracts. The Taproot Upgrade in November 2021 was a concerted effort to demonstrate that...
The DeFi sector is rapidly growing, and there are many developments happening at the same time. As a result, it can be challenging to stay informed and keep up with the latest happenings in the space. This makes it...
A beginner in the DeFi space will likely get overwhelmed by the many concepts and terms they must understand to effectively navigate the sector. This learning process is further complicated by the rapid pace of innovation in the sector;...
DeFi (Decentralized Finance) is all about allowing more people to participate in the financial system. It achieves this by harnessing the security, immutability, and transparency of blockchain technology. It offers benefits such as reduced transaction costs, speedy resolution of...
The emergence of decentralized finance (DeFi) exchanges in recent years has revolutionized the financial landscape. While traditional financial institutions grapple with a series of challenges, startups are increasingly turning to DeFi exchanges as a wellspring of innovation and opportunity....
If you're into cryptocurrencies, one of the first things you likely did when you joined the space was set up a wallet. These wallets, especially non-custodial types, are like personal vaults for crypto assets that can only be accessed...
Aave has successfully launched GHO, an algorithmic stablecoin pegged to the US dollar, on the Ethereum mainnet. The launch follows a positive response from its community of users on its proposal for developing the token. Let's GHO! Congrats to...
DeFi Planet is excited to announce its media partnership with Tezoro, a remarkably innovative non-custodial service designed to eliminate the risk of permanently losing access to stored crypto assets. Typically, investors secure their tokens in digital wallets using cryptography...
Rodeo Finance, a DeFi protocol, has suffered an exploit that resulted in a loss of $888,000 from its coffers. The attacker took advantage of a programming flaw in the protocol's Oracle, manipulated an asset's price, and stole more than...
The Association for Financial Markets in Europe (AFME) has urged regulators to avoid excluding decentralized finance (DeFi) rules from the newly adopted Markets in Crypto-Assets (MiCA) regulatory framework. The AFME recently published a study titled "Decentralised Finance - Principles...
